Measuring Your Library's Value, designed to serve large to medium sized public libraries, gives librarians the tools to conduct a defensible and credible cost-benefit analysis (CBA). This hands-on reference covers the economic basics with librarian-friendly terms and examples, preparing library leaders to collaborate with economist-consultants.
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Donald S. Elliott, Ph.D., is professor and graduate program director in the Department of Economics and Finance at Southern Illinois University at Edwardsville where he makes economic concepts understandable and entertaining.
Glen E. Holt, Ph.D., editor of Public Libraries Quarterly, is a pioneer in providing statistically quantifiable benefits of library services.
Sterling W. Hayden, Ed.D.is vice president for fund development and evaluation at the Area Resources for Community and Health Services (ARCH) in St. Louis.
Leslie Edmonds Holt, Ph.D., currently a consultant, directed Youth Services at the St. Louis Public Library as the methodology was developed. The book grew out of her research on middle school patrons.
The authors have spent more than 10 years perfecting a methodology to measure the dollars-and-cents value of a library to a community. This guide shows how to use cost-benefit analysis (CBA) for quantifying the services a public library offers. The 10 chapters describe the fundamentals of CBA, how to determine whether to undertake a cost-benefit analysis, and how to initiate the project as well as how to sample library users and measure library costs and returns, and what to do with the results. Five appendixes provide examples of cardholder sampling, survey instruments, and more. The book will help librarians and trustees understand economic basics so they can communicate what leaders in the community need to know so the library can be valued and supported. Although it is aimed at a medium-sized library, any public library can learn from its strategies. Hogan, Patricia
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