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Thursday, July 11, 2013
Book Allocations in a University Library: An Evaluation of Multiple Formulas
This article describes an academic library's
process of running multiple allocation models in order to find one that
best suits the needs of the institution. The authors employed four
methods: percentage-based, factor analysis, weighted multiple-variable,
and circulation-based in order to inform the redistribution of book
(print and electronic) funds. A comparison of the models revealed very
different results. The final consensus of Hofstra University's Reference
and Collection Development Department was to employ a circulation-based
allocation model to redistribute funds, while also using subject
specialist experience to adjust this redistribution
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