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Economic Value of Book Loans - The Case of the Municipal Library of Prague

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F13%3A39897221" target="_blank" >RIV/00216275:25410/13:39897221 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Economic Value of Book Loans - The Case of the Municipal Library of Prague

  • Original language description

    Recent efforts to assess the value of public library services have been aimed at using the contingent valuation method in order to reveal the hidden preferences of the consumers (readers). However, the total value of public library expressed in one number does not reflect the needs of public libraries? management. Therefore, this paper aims to bridge this gap and investigates the most important service, book loans, thoroughly. The results suggest that: (1) only few socio-economic characteristics affectthe WTP for book loans; (2) the purpose of the book loan is one of the most important determinants of the WTP; (3) alternative costs affect only the WTP for buying books. We propose several directions leading to the increase in the value of this public library service, namely the focus on specific target groups and genres and providing additional information. The results of this work can be implemented to achieve a more efficient management of public libraries.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2013

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Recent Researches in Applied Economics and Management, Vol. I - Business Administration and Financial Management

  • ISBN

    978-960-474-323-0

  • ISSN

    2227-460X

  • e-ISSN

  • Number of pages

    5

  • Pages from-to

    50-54

  • Publisher name

    WSEAS Press

  • Place of publication

    Atény

  • Event location

    Chania

  • Event date

    Aug 27, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article