Papers in this group
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This paper gives an example of the application of a marketing technique, conjoint analysis, to the measurement of students' preferences for reference service in a university library. Numerical values for a number of levels of reference service are…
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An application of the contingent valuation method (CVM) for estimating the economic value of a regional public library service is described, and some of the key methodological issues surrounding CVM and other stated preference techniques are…
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Thus, the Pennsylvania taxpayer return on investment (ROI) in public library is 5.5 to 1 ($1,377÷$249 million).
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We analyse the choice of mode in suburban corridors using nested logit specifications with revealed and stated preference data. The latter were obtained from a choice experiment between car and bus, which allowed for interactions among the main…
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Pressure on public budgets makes it important to quantify the value of public libraries to citizens and society. Public library services cause both direct and indirect benefits, corresponding to use, option, and nonuse values. Empirical data from a…
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Another way to consider this payback is to relate the return to the level of investment and expenditures required to produce the benefits. Dividing the total return by the $29.9 million that the library spends annually on its operations equates to a…
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The authors apply a survey technique known as the contingent valuation (CV) method to estimate the economic value that patrons attach to reference desk service in an academic library. The CV method has been used in environmental economics for the…
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This paper summarizes the cost-benefit analysis (CBA) approach to estimating the dollar value of services offered by public libraries. The rationale behind a CBS approach is discussed and a methodology is proposed for a quicker, cheaper CBA…
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