The Simple Theory of Public Library Services
Abstract
A simple normative theory applicable to public library services is presented. The theory was developed as a tool to aid libraries in answering the question: which books should be bought by the library. Although developed for normative purposes, the theory generates testable predictions. Further, the theory is applicable to a number of public services such as neighborhood health centers where the individual has the option of buying a similar service on the market. In particular, the theory is relevant to measuring benefits from services which are provided publicly because when 'uncrowded' they have zero marginal cost (library books, swimming pools) or because the market may be monopolistic (library books, health services). The theory is developed in the context of the library.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 01, 1970
- Accession Number
- AD0714333
Entities
People
- Joseph P. Newhouse
Organizations
- RAND Corporation