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Budget Allocation Formulas: Magic or Illusion?
Articles
  • Roger Cross, Southern Illinois University Carbondale
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Published in The Bottom Line: Managing Library Finances, Vol. 24, Issue 1 (2011) at

10.1108/08880451111142114

Publication Date
6-22-2011
Abstract
Budget allocation formulas claim objectivity, and hence fairness. But factors composing the formula are limited to supply, demand, and cost. Attempts to correct for this imbalance of empirical data like usage have led to the use of weighted values in the formulas. This paper seeks to argue that assigning “weight” in a formula introduces value judgments and subjectivity, leaving only the misplaced illusion of objectivity.
Citation Information
Roger Cross. "Budget Allocation Formulas: Magic or Illusion?" (2011)
Available at: http://works.bepress.com/roger_cross/2/