• Title/Summary/Keyword: Choice Experiments

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Using Choice Experiments Methods to Estimate Consumer Preference of Rice (실험선택분석을 이용한 쌀의 소비자 선호 분석)

  • Yoo, Jin-Chae;Jeong, Yun-Hee;Kong, Ki-Seo
    • Korean Journal of Organic Agriculture
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    • v.17 no.2
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    • pp.135-150
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    • 2009
  • This paper was to use choice experiments in the analysis of consumer choice behavior and preferences for five different attributes(the origin of rice, a quality certificate, a quality control, a traceability system, the price of rice) in Cheongju City. Completed surveys yielded 712 responses which were analyzed using the conditional logit model to analyze the marginal willingness to pay of the four attributes(the origin of rice, a quality certificate, a quality control and a traceability system) per household and estimated the marginal willingness to pay of the set of feasible options. The result of this study can be used as a guide for the rice industry in the design of possible labeling schemes.

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A Questionnaire Design Strategy for Enhancing the Rationality and Testing for the Validity of Choice Experiments Using Example Choice Questions (Choice Experiments의 합리성 제고 및 타당성 검증을 위한 설문지 디자인 연구 - 예제 도입 방안을 중심으로 -)

  • Kim, Yong-Joo
    • Environmental and Resource Economics Review
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    • v.14 no.1
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    • pp.1-24
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    • 2005
  • One of the most important factors that determine the quality of a stated preference study is questionnaire design. This study introduces strategies for enhancing the rationality and testing for the validity of choice experiments(CE) using "example" choice questions that mimic the main choice questions. From the case study of WTP for reduced radon radiation exposures in the home, the study found that screening out irrational responses, 12% of the effective responses, resulted in a meaningful increase in model fit. Meanwhile the study tested for anchoring effects, as a way of confirming the divergent validity of the study, by looking at equality of models estimated for two subsamples. The overall test results were mixed. The pros and cons of the questionnaire design strategy employed are also reported.

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Feeding Stimulants and Feeding Preference of Haliotis discus Reeve (Jeju Island) to Marine Algae (제주도산 까막전복의 해조류 섭식선호도와 섭식자극물질)

  • Lee, Joon-Baek;Kim, Bo-Young
    • Korean Journal of Environmental Biology
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    • v.31 no.4
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    • pp.458-470
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    • 2013
  • Haliotis discus, a useful abalone of herbivorous gastropod, shows feeding preference to marine algae depending upon their growth stage and recognition of taste. This study was carried out to investigate this abalone's algal preferences and the presence of feeding stimulants. In single-choice experiments the small (S) group generally preferred Ulva pertusa (Chlorophyta), whereas the medium (M) and large (L) group preferred both Laminaria japonica (Phaeophyta) and Undaria pinnatifida (Phaeophyta). In multi-choice experiments using 4 algal species of L. japonica, U. pertusa, U. pinnatifida and Ecklonia cava (Phaeophyta), the results were same as in the single-choice experiments; the S group preferred U. pertusa the most, while the M and L group preferred both U. pinnatifida and L. japonica. However E. cava was not preferred by any groups. In order to examine the presence of feeding stimulant, chemical compounds from algae used as feed were isolated and identified. The abalone responded to water soluble matters of L. japonica, U. pinnatifida and U. pertusa, but those of E. cava and Sargassum sagamianum (Phaeophyta) were not attractive to them. In feeding stimulant experiments using fat soluble matters, the S group preferred the fat soluble matter of U. pertusa the most, while the M group and the L group preferred those of U. pertusa and U. pinnatifida, and those of L. japonica, respectively. However the fat soluble matter of S. sagamianum was not attractive to the abalone. The results of feeding stimulant experiments were same as those of single-choice or multi-choice experiments, which showed that compound lipids in fat soluble matter might act as feeding-stimulant.

Application of Discrete Choice Analysis to the Purchase of Medical Equipments (이산선택분석의 의료장비 구매에의 적용)

  • Kwak, Jin Kyung
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.4
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    • pp.153-160
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    • 2012
  • This study investigates how discrete choice analysis can be applied to health care operations. Discrete choice analysis helps to understand the complex decision-making process of purchasing expensive medical equipments by identifying relative weights that decision makers impose on each attribute through simple virtual choice experiments. We also verified the usefulness of applying discrete choice analysis to the purchase of medical equipments with empirical evidence.

The Characteristics of Mode Choice Model by Stated Preference Data (선호의식데이타에 의한 교통수단선택 모델의 특성)

  • 이진우
    • Journal of Korean Society of Transportation
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    • v.13 no.4
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    • pp.31-45
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    • 1995
  • In recent year, especially in the mode choice analysis, it has been perceived that the importance of individual performance data using stated preference(SP) experiments as well as revealed preference data . Since SP experiments present respondent with various hypothetical alternatives, which are produced by a combination of a number of different attribute levels, and ask them to indicate a preference, it is possible to analyze travel behavior under a situation of potential environment change such as proposed alternative mode of transportation. The basic problems, however, remains that SP are not consistent with the actual travel behaviors and the research reports for stability of mode choice model using SP data has not been sufficient. Under this background, this study is to examine the characteristics of mode choice model using the SP data by the following items. $\circled1$ Analysis of factors affecting the mode choice behavior by the variance analysis of orthogonal-arrays-table $\circled2$ The reliability of SP data by transfer intention data $\circled3$ The stability of SP responses obtained from repetitive question by the comparison of model coefficient specified by each repetitive data. $\circled4$ The stability of ranking data in mode choice model For the analysis, we assumed subway operations in the Gwang-Ju , and set up a choice-set of hypothetical options based on Experimental Design Method.

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Valuing Non-market Benefits of Water Quality Improvements in Paldang Reservoir and Han River : A Choice Experiments Study (팔당호 및 한강 수질개선의 비시장가치 측정 - 속성가치선택법을 이용하여 -)

  • Kim, Yong-Joo;Yoo, Young Seong
    • Environmental and Resource Economics Review
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    • v.14 no.2
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    • pp.337-379
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    • 2005
  • This choice experiments study values the non-market benefits of water quality improvements in Paldang Reservoir and Han River, located in Korea. A fractional factorial orthogonal design was used to produce four different choice sets per respondent, before employing choice examples to screen out irrational responses. The panel mixed logit model (with normal distributions for the attributes) fit the data best, indicating that allowing for both heterogeneous preferences across households and correlation between repeated choices may represent actual choice behaviors best of all the estimated models. The significant standard deviations of the random attributes suggest that the taste for each attribute may vary considerably in the population. The annual benefits to the Seoul Metropolitan area for a small (large) enhancement of the clarity of water, a gradual removal of unpleasant waters, and a gradual improvement in biodiversity, were estimated to be some 1.5 trillion (1.7 trillion) Won, 2 trillion Won, and 1.7 trillion Won, respectively, with 1.8~2.6 trillion Won for at least two of them occurring together. The study also discusses potential biases germane to choice experiments studies of this type.

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Evaluation of Alternative Benefit Using Choice Experiment Method and Alternative Evaluation Index (실험선택법과 대안 평가지수를 이용한 대안의 편익산정)

  • Chung, Eun-Sung;Kong, Ki-Seo;Lee, Kil-Seong;Yoo, Jin-Chae
    • Journal of Korea Water Resources Association
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    • v.41 no.1
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    • pp.101-113
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    • 2008
  • Cost-benefit analysis was conducted to propose the best alternatives for integrated watershed management. Benefits of all alternatives were estimated combining results of choice experiment method with alternative evaluation index (AEI). Choice experiment which is a kind of stated preference techniques was applied to six regions since the Anyangcheon watershed was divided into six according to spatial characteristics and conditions (potential hazard and location). Alternative of NB > 0 must be considerable since they are economically and technically feasible.

Analysis of Factors Affecting Mode Choice Behavior by Stated Preference(SP) Data in Secondary Cities (SP Data에 의한 지방도시의 교통수단선택 요인분석에 관한 연구)

  • ;山川仁;申運稙
    • Journal of Korean Society of Transportation
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    • v.10 no.3
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    • pp.21-42
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    • 1992
  • As for the travel demand analysis of the past, forcasting has been conducted by the use of revealed preference(RP) informations about actual or observed choices made by individuals. Forcasting method using RP data needs implicit assumptions that there will be no remarkable changes in existing transport conditions. However in case of occuring the great changes in existing conditions or adding a new choice-set of hypothetical options, it is very difficult to predict future travel demand. Fortunately in recent years, especially in the mode choice analysis, it has been perceived that the importance of individual performance data using stated preference(SP) experiments as well as RP data. But the research reports has not been reported sufficiently from models estimated using SP data. Under this background, we analyze the factors affecting the mode choice behavior as a fundamental study against the modelling task with SP choice data. For this analysis, we assumed subway operations in the secondary cities where there are no subway lines until now, and set up a choice-set of hypothetical options based on Experimental Design Method.

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Comparison of Statistical Experiments and Measures of Information

  • Sohn, Keon-Tae;Jeon, Jong-Woo
    • Journal of the Korean Statistical Society
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    • v.23 no.2
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    • pp.271-292
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    • 1994
  • The comparison of statistical experiments with a common parameter and parameter space is discussed using the concept of the Blackwell's sufficiency and the Shannon's entropy. Binomial and censored experiments are considered as applications. The loss of information is studied under teh aggregated experiments and truncated experiments, and summerized in some tables which make it possible to indicate the choice of an appropriate experiment.

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A Study on the Development of an Estimation Model: The Psychological Cost of Traffic Accidents (교통사고의 심리적 비용 산정모형 개발에 관한 연구)

  • Yu, Jeong-Bok;Shon, Eui-Young
    • Journal of Korean Society of Transportation
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    • v.26 no.3
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    • pp.211-221
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    • 2008
  • This dissertation studied the psychological cost, which converted the mental pain suffered by the victim of a traffic accident and his/her family, friends and people around him/her into social costs. Three methodologies - Choice Experiments, Direct Question and Dichotomous Choice Question - were used to design questionnaires, and models were built for each questionnaire design method. When building models, a logit model was used, which is used most frequently in probabilistic choice model. And the tobitmodel was used to make direct questionnaires. When verifying these models, although there were some differences in each model, suitability of most models and credibility of each coefficient were meaningful around the credibility level of 95%. According to the analysis, domestic psychological cost produced through the assessment model of psychological cost was 15.63 million won per person or 5.1 trillion in total, assuming 37.1% of total traffic accident cost.