Predicting Publication Prices.

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Bibliographic Details
Title: Predicting Publication Prices.
Authors: Bluh, Pamela1 pbluh@law.umarylond.edu, Neal, James G.2 jneal@columbia.edu, Randolph Call, J.3 rcall@detrolt.llb.mi.us
Source: Library Resources & Technical Services. Oct2003, Vol. 47 Issue 4, p188-191. 4p.
Subject Terms: *Libraries, *Conferences & conventions, *Library materials, *Academic libraries, Budget, Price indexes
Geographic Terms: Atlanta (Ga.), Georgia
Abstract: This article presents information on pricing aspects involved in publication. The articles are based on presentations given in June 2002 at the Annual Conference of the American Library Association in Atlanta at a program sponsored by the ALCTS Committee on Library Materials Cost Index, titled "Predicting Publication Prices." Libraries approach the budget-planning process in different ways, and they use the price indexes in different ways as well. Exclusive reliance on the price indexes is a thing of the past. Libraries now use these indexes in conjunction with a variety of other tools and other sources of information. In order to achieve the level of credibility and reliability the published indexes had in the past, they will require some changes. The methodology may need to be tweaked, and the indexes must become more nimble so that they can respond quickly to market vacillations. Publication price indexes are an integral part of the collection budgeting process in the academic library. Indexes support the core objectives for preparing the collection budget, to satisfy the information needs of academic priorities and to respond effectively to market trends.
Database: Education Research Complete
Description
Abstract:This article presents information on pricing aspects involved in publication. The articles are based on presentations given in June 2002 at the Annual Conference of the American Library Association in Atlanta at a program sponsored by the ALCTS Committee on Library Materials Cost Index, titled "Predicting Publication Prices." Libraries approach the budget-planning process in different ways, and they use the price indexes in different ways as well. Exclusive reliance on the price indexes is a thing of the past. Libraries now use these indexes in conjunction with a variety of other tools and other sources of information. In order to achieve the level of credibility and reliability the published indexes had in the past, they will require some changes. The methodology may need to be tweaked, and the indexes must become more nimble so that they can respond quickly to market vacillations. Publication price indexes are an integral part of the collection budgeting process in the academic library. Indexes support the core objectives for preparing the collection budget, to satisfy the information needs of academic priorities and to respond effectively to market trends.
ISSN:00242527
DOI:10.5860/lrts.47n4.188