Using the contingent valuation method for dollar valuations of library services

Research output: Contribution to journalArticlepeer-review

19 Citations (Scopus)
663 Downloads (Pure)


An application of the contingent valuation method (CVM) for estimating the economic value of a regional public library service is described, and some of the key methodological issues surrounding CVM and other stated preference techniques are discussed with reference to library use and funding contexts. Given the range of valuations that can result from different forms of question, it is important to only compare resulting benefit'cost ratios based on the same survey design. However, if CVM surveys are carefully designed and administered, they can produce estimates that are as convincing as those produced by other valuation methods. It was found that the Wagga Wagga City Library, in New South Wales, Australia, provides good value for the money, in line with that of other comparable studies in the United States and Norway.
Original languageEnglish
Pages (from-to)437-458
Number of pages22
JournalLibrary Quarterly
Issue number4
Publication statusPublished - Oct 2008


Dive into the research topics of 'Using the contingent valuation method for dollar valuations of library services'. Together they form a unique fingerprint.

Cite this