ERIC Number: EJ376538
Record Type: CIJE
Publication Date: 1988
Reference Count: N/A
Librarians and the "Dismal Science".
Carrigan, Dennis P.
Library Journal, v113 n11 p22-25 Jun 15 1988
Discusses several economic concepts and principles important for librarianship--opportunity cost, resources, assets, and investment--and notes the difficulty of placing a monetary value on patron benefits. The law of diminishing marginal returns is applied to the relationships between library services and collection size, and between investment in the collection and patron satisfaction. (12 references) (MES)
Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Authoring Institution: N/A