The Economics of Information: A Guide to Economic and CostBenefit Analysis for Information Professionals (Library and Informati,Used

The Economics of Information: A Guide to Economic and CostBenefit Analysis for Information Professionals (Library and Informati,Used

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Designed for those with little or no prior experience in economics, Kingma's popular and highly acclaimed text clearly presents the fundamentals that users need to develop basic skills for simple costbenefit analyses of goods and services. It provides students, librarians, and information professionals with a useful introduction to economics and costbenefit analysis, and it helps them make better financial and management decisions. The book covers cost analysis of information goods and services, benefit analysis, information as a public good, information externalities, intellectual property and monopolies, uncertainty and risk, pricing information, opportunity costs, access versus ownership, and the economics of the Internet and digital libraries. Kingma's clear explanations of economic terms and models are illustrated with examples from library services and information marketsinterlibrary loan, reference services, digitization projects, book and journal publishing, newspapers, photocopying services, computer software, and more. In this edition, new research and current examples of economic principles have been incorporated, and there is a new chapter on Internet economics and digital libraries.

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Frequently Asked Questions

  • Q: What is the main focus of 'The Economics of Information' by Bruce R. Kingma? A: The book primarily focuses on introducing economic principles and cost-benefit analysis tailored for information professionals and librarians, helping them make informed financial and management decisions.
  • Q: Who would benefit from reading this book? A: This book is designed for students, librarians, and information professionals who have little or no prior experience in economics and wish to develop basic skills in cost-benefit analysis.
  • Q: What topics are covered in this book? A: Key topics include cost analysis of information goods, benefit analysis, information as a public good, intellectual property, pricing information, and the economics of digital libraries.
  • Q: Is this book suitable for beginners in economics? A: Yes, the text is specifically designed for beginners, making complex economic concepts accessible and understandable.
  • Q: What is the publication date of this book? A: The book was published on March 15, 2001.
  • Q: What edition is this book? A: This is the second edition of 'The Economics of Information'.
  • Q: How many pages does the book have? A: The book contains 180 pages.
  • Q: What is the condition of the book? A: The book is listed as 'New'.
  • Q: What type of binding does this book have? A: The book is available in paperback binding.
  • Q: Are there any examples provided in the book? A: Yes, the book includes practical examples from library services and information markets to illustrate economic concepts.