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It depends on the book.
If it's an art book then I'm buying a paper copy as my preferred readers are not large.
If it's a non-art book that I particularly want I'll look for the ebook first and buy that if it's a reasonable cost. If there is no ebook or the ebook is not a reasonable cost then I'll see if there is a pbook version at a reasonable cost (new or used) and/or if our library has a copy.
However, most books I buy are ones that I've run across, found interesting and which were at a reasonable cost. If I think such a book is interesting but too expensive I'll check my library and maybe put it on a price watch but I won't normally bother checking pbook prices (I need to consider bookshelf space).
My idea of reasonable cost differs strongly depending on the reason I'm buying the book. I'm willing to spend a lot more for a book that I have a particular reason for buying then a book that I've just run across (about $6 cdn more for fiction, and considerably more for academic non-fiction).
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