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Modeling recreation demand for British forests: An application of an endogenously stratified and truncated log-normal distribution

Abstract

Evaluating the value of British forests is important for forest policies' making. Since the number of visitors to British forests is quite large and each visitor's visiting frequency is high, the conventional count data models which focus on small integers may not cope adequately with this big number of visitation. This study utilizes newly developed endogenously stratified and truncated distributions to model the recreation demand for British Forests

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