Cost‐benefit analysis: a disparagement of its misuse and misexplanation Available to Purchase

The purpose of this paper is to argue that when managing strategically, a library administrator might want to use cost‐benefit analysis to justify spending and, consequently, would need to understand this methodology.

The paper discusses and gives examples to illustrate how others have needed a better knowledge of cost‐benefit analysis.

It is helpful for library managers to have a proper knowledge of cost‐benefit analysis.

This provides one methodology that librarians should consider when contemplating what purchases to make.

This paper will help librarians better manage their libraries by making them aware of cost‐benefit analysis.