Evaluating Journals/Databases: Saving Money: Old and New Tools
Wagner, A. Ben
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The presentation reviews what metrics and considerations go into journal and database evaluation, especially cancellation decisions, in light of tight or declining library budget. Cost per use is becoming the dominant metric. Traditional metrics like journal impact factors and faculty sense of general prestige of the title are far less relevant now. However, a properly done faculty survey can reveal titles of high interest and nil interest. Databases threatened by library budgets, journal publishers, & OAI metadata harvesters. In turn, journal publishers threatened by library budgets and open access, especially grant funding agency mandates. Libraries threatened by budget cuts, “it’s all on the Internet” myth, out-of-control journal prices, & we used up all our tricks to save money/redirect funds.