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  • P-ISSN1013-0799
  • E-ISSN2586-2073
  • KCI

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Vol.29 No.2

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The Comparative Study of Public Library Valuation Using CVM: Case of the Payment Vehicles

Journal of the Korean Society for Information Management / Journal of the Korean Society for Information Management, (P)1013-0799; (E)2586-2073
2012, v.29 no.2, pp.173-191
https://doi.org/10.3743/KOSIM.2012.29.2.173

(2012). The Comparative Study of Public Library Valuation Using CVM: Case of the Payment Vehicles. Journal of the Korean Society for Information Management, 29(2), 173-191, https://doi.org/10.3743/KOSIM.2012.29.2.173

Abstract

CVM (Contingent Valuation Method) has been most widely used for valuation of public libraries. However, there have been a debate on the validity of CVM in that many kind of biases could exist due to its hypothetical nature, the type of questions, payment vehicles and so on. To ensure the validity and reliability of public library valuation, this study analyzed the effects of payment vehicles to valuation using CVM. Three types of payment vehicle, tax, donation, fee were used to pay in hypothetical market. As a result, these payment vehicles estimated the different WTP and donation produced 14,542 won, which is the highest WTP.

keywords
public library, valuation, CVM, Contingent Valuation Method, payment vehicle, 공공도서관, 가치측정, 조건부가치측정법, 지불수단

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