The demand and utilization of recreational facilities. A probability model

Charles S. Tapiero

doi:10.1016/0034-3331(74)90028-1

The demand and utilization of recreational facilities. A probability model

Charles S. Tapiero

Finance and Risk Engineering

Research output: Contribution to journal › Article › peer-review

Abstract

While it is evident that there is a need to provide greater quantity, quality and diversity in recreational facilities, it is difficult to estimate a potential population demand and utilization for such facilities. This paper provides a probability model for estimating the probability distributions of both these demands and utilizations and draws implications for public decision making concerning the location of such facilities. Because of the numerical difficulties inherent in computing these probability distributions, process simulation is suggested as an efficient mechanism testing alternative locational decisions.

Original language	English (US)
Pages (from-to)	173-185
Number of pages	13
Journal	Regional and Urban Economics
Volume	4
Issue number	2
DOIs	https://doi.org/10.1016/0034-3331(74)90028-1
State	Published - Oct 1974

ASJC Scopus subject areas

General Environmental Science
General Earth and Planetary Sciences

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10.1016/0034-3331(74)90028-1

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title = "The demand and utilization of recreational facilities. A probability model",

abstract = "While it is evident that there is a need to provide greater quantity, quality and diversity in recreational facilities, it is difficult to estimate a potential population demand and utilization for such facilities. This paper provides a probability model for estimating the probability distributions of both these demands and utilizations and draws implications for public decision making concerning the location of such facilities. Because of the numerical difficulties inherent in computing these probability distributions, process simulation is suggested as an efficient mechanism testing alternative locational decisions.",

author = "Tapiero, {Charles S.}",

note = "Funding Information: *This paper was supported in part by a graut from the Graduate School of Business of Columbia University. The author grattf_lly ackaowledgcs con ments made by an anonymous referee to an earlier version of this paper. ZFor previous studies on rccre:qional facilities see: Clax~sor: and Knetsch 0966), Burt and Brewer (1971), Ciccheti 0971), Ciccheti, Fisher and Smith (1973), Ciccheti, Seneca and Davidson (1969). Copyright: Copyright 2014 Elsevier B.V., All rights reserved.",

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The demand and utilization of recreational facilities. A probability model

Abstract

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