Stage I: Spring 1997 (January through May)

(1) Research the acquisition decision process and interlibrary loans for the Latin American
collection.
(2) Define the cost-benefit accounting data if possible, try to find monetized or non-monetized
(qualitative) measures of costs and benefits.
(3) Plan modelling effort. Begin setup of data entry process. Acquire any needed software.
(4) Hire research assistant.

Goal: Preliminary outline of cost-benefit analysis and status report on data collection efforts.

Stage II: Summer 1997 (May through August)

(1) Collection of Data by research assistantss.
(2) Begin modelling effort, calculation of costs and benefits.
(3) Scenario modelling?: Possibly some "What If..." scenarios.

Goal: Updated report with preliminary statistics

Stage III: Winter 1997 (September through December)

(1) Finish data collection
(2) Pull data together

Goal: Final cost-benefit analysis to be ready by January 1, 1998.

VII. References

Berg, Sanford V., "Planning for Computer Networks: The Trade Analogy", Management
Science, Volume 21, No. 12, August 1975.

Ordover, J.A. & R.D. Willig, "On the Optimal Provisions of Journals qua Sometimes Shared
Goods", American Economic Review, Volume 68, No. 3, June 1978.

Schauer, Bruce P., The Economics of Managing Library Service, American Library Association,
1986.

Weimer, David L. & Aidan R. Vining, Policy Analysis: Concepts and Practice, Prentice Hall,
1992.