Libraries and the organizations that provide services to them are devoting more attention to system-wide organization of collections-whether the ""system"" is a consortium, a region or a country. As a strategy for saving space and money while expanding access to additional materials and resources, the value of shared collections is indubitable. This collected volume from the Association of Library Collections & Technical Services (ALCTS) spotlights the histories and experiences of several collaborations at academic libraries. Contributors share winning strategies for intentional decision-making in developing and managing shared collections, both print and digital, with expert guidance such as: analysis of six consortia case studies, ranging from giants like CIC and CARL to regional collaborations like the State of Maine and Manhattan research libraries elements to address in a memo of understanding among participating institutions risk assessment methodologies that enable institutions to focus local resources where they will provide the greatest return; and costs to anticipate for budgeting, such as collection analysis, space, validation, transport, staff, and administration . With practical advice on issues such as governance and business models, demand driven acquisition, rare works, and access, this monograph is a valuable resource for academic library directors, administrators, and collection development leaders.