Cost‐benefit analysis: a disparagement of its misuse and misexplanation
Purpose – The purpose of this paper is to argue that when managing strategically, a library administrator might want to use cost‐benefit analysis to justify spending and, consequently, would need to understand this methodology.Design/methodology/approach – The paper discusses and gives examples to illustrate how others have needed a better knowledge of cost‐benefit analysis.Findings – It is helpful for library managers to have a proper knowledge of cost‐benefit analysis.Practical implications – This provides one methodology that librarians should consider when contemplating what purchases to make.Original/value – This paper will help librarians better manage their libraries by making them aware of cost‐benefit analysis.
Cost‐benefit analysis: a primer
Purpose – This paper seeks to show that when managing strategically a library administrator might want to use cost‐benefit analysis to prudently spend money and, consequently, would need to understand this methodology.Design/methodology/approach – The paper discusses the various types of cost‐benefit analysis and discusses some of their strengths and weaknesses.Findings – It is helpful for library managers to have a proper knowledge of cost‐benefit analysis.Practical implications – One methodology is provided that librarians should consider when contemplating what purchases to make.Original/value – This paper will help librarians better manage their libraries by making them aware of cost‐benefit analysis.
Shaping Digital Library Content
This article explores issues related to the selection and purchase of digital content, both from vendors and creation in house, and the degree to which standard collection management principles apply.