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@article{ART001048045},
author={Hyekyung Jung and Eunju Jung},
title={An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries},
journal={Journal of the Korean Society for Information Management},
issn={1013-0799},
year={2007},
volume={24},
number={1},
pages={187-208},
doi={10.3743/KOSIM.2007.24.1.187}

TY - JOUR
AU - Hyekyung Jung
AU - Eunju Jung
TI - An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries
JO - Journal of the Korean Society for Information Management
PY - 2007
VL - 24
IS - 1
PB - 한국정보관리학회
SP - 187
EP - 208
SN - 1013-0799
AB - This study aims to present a new approach to measuring the economic value of the public libraries, identifying and suggesting the modified contingent valuation method (CVM) application. The modified CVM, which applied Dissonance Minimizing (DM) format, is presented as a new approach. A cost-benefit analysis is used as a tool to determine if the benefits of public libraries outweigh the cost incurred in providing the services. The benefits of public libraries are based on estimates of how much the user is willing to pay for the library services and costs are based on the prices of providing the services. A comparison between two methods are conducted in a case study in order to measure the economic value of 'J Public Library'. The study also conducts a case study to analyse the WTP value of the 'J Public Library' and demonstrates how public libraries approach the their local studies.
KW - public library;service valuation;economic valuation;cost-benefit analysis;benefit;contingent valuation method;dissonance minimizing
DO - 10.3743/KOSIM.2007.24.1.187
ER -

Hyekyung Jung and Eunju Jung. (2007). An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries. Journal of the Korean Society for Information Management, 24(1), 187-208.

Hyekyung Jung and Eunju Jung. 2007, "An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries", Journal of the Korean Society for Information Management, vol.24, no.1 pp.187-208. Available from: doi:10.3743/KOSIM.2007.24.1.187

Hyekyung Jung, Eunju Jung "An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries" Journal of the Korean Society for Information Management 24.1 pp.187-208 (2007) : 187.

Hyekyung Jung, Eunju Jung. An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries. 2007; 24(1), 187-208. Available from: doi:10.3743/KOSIM.2007.24.1.187

Hyekyung Jung and Eunju Jung. "An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries" Journal of the Korean Society for Information Management 24, no.1 (2007) : 187-208.doi: 10.3743/KOSIM.2007.24.1.187

Hyekyung Jung; Eunju Jung. An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries. Journal of the Korean Society for Information Management, 24(1), 187-208. doi: 10.3743/KOSIM.2007.24.1.187

Hyekyung Jung; Eunju Jung. An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries. Journal of the Korean Society for Information Management. 2007; 24(1) 187-208. doi: 10.3743/KOSIM.2007.24.1.187

Hyekyung Jung, Eunju Jung. An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries. 2007; 24(1), 187-208. Available from: doi:10.3743/KOSIM.2007.24.1.187

Hyekyung Jung and Eunju Jung. "An Analysis of the Contingent Valuation Method to Measuring the Economic Value of Public Libraries" Journal of the Korean Society for Information Management 24, no.1 (2007) : 187-208.doi: 10.3743/KOSIM.2007.24.1.187