• Title/Summary/Keyword: Department Choice

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Forecasting Market Shares of Environment-Friendly Vehicles under Different Market Scenarios

  • Bae, Jeong Hwan;Jung, Heayoung
    • Environmental and Resource Economics Review
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    • v.22 no.1
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    • pp.3-29
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    • 2013
  • The purpose of this study is to estimate consumer preferences on hybrid cars and electric cars by employing a choice experiment reflecting the various market conditions, such as different projected market shares of green vehicles and $CO_2$ emission regulations. Depending on different market scenarios, we examine as to which attribute and individual characteristic affect the preferences of potential consumers on green vehicles and further, forecast the potential market shares of green cars. The primary results, estimated by a conditional logit and panel probit models, indicate that sales price, fuel cost, maximum speed, emission of air pollutants, fuel economy, and distance between fuel stations can significantly affect consumer's choice of environment-friendly cars. The second finding is that the unique features of electric cars might better appeal to consumers as the market conditions for electric cars are improved. Third, education, age, and gender can significantly affect individual preferences. Finally, as the market conditions become more favorable toward green cars, the forecasted market shares of hybrid and electric vehicles will increase up to 67% and 14%.

Valuation of Han River Waterside Landscape with a Double-bound Dichotomous Choice Model and Policy Implications: Focused on the Exponential Willingness to Pay Model (이중양분선택법에 의한 한강 수변 경관의 가치 추정과 그 시사점 -지수지불의사 모형을 중심으로-)

  • Han, Taek-Whan;Hong, Yiseok;Park, Chang Sug
    • Environmental and Resource Economics Review
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    • v.22 no.1
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    • pp.179-214
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    • 2013
  • This paper estimated the value of waterside landscape and ecosystem of Han River basin with a double-bound dichotomous choice type of CVM. We used the exponential willingness to pay model to represent the nonnegative willingness to pay. This model is found to be especially important in analyzing a double-bound dichotomous choice model. The total willingness to pay was estimated as 705.5 billion won per annum. This suggests that current budget size for water quality and ecosystem conservation for Han River needs to be expanded.

Composite Loyalty Orientation of Store and Brand Choice of Department Store Fashion Consumers (백화점 의류구매자의 점포와 상표에 대한 복합적 충성성향)

  • Moon, Hee-Kang;Rhee, Eun-Young
    • Journal of the Korean Society of Clothing and Textiles
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    • v.30 no.8
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    • pp.1263-1274
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    • 2006
  • Consumers' store loyalty and brand loyalty are closely related in apparel product purchase decision making process. The purpose of this study was to identify consumers' composite loyalty orientation considering both store loyalty and brand loyalty. As for the method of the research, in-depth face-to-face interviews were carried out. 20 interviewees were asked to describe apparel product purchase decision making process related to store choice and brand choice. Store loyalty and brand loyalty were combined to identify composite loyalty orientation. In this process, 6 types of loyalty orientation were identified; single-store type loyal/convenient brand loyal, single-store type loyal/low brand involved, multi-store type loyal/affected brand loyal, multi-store type loyal/economic multi-brand loyal, multi-store type loyal/value-seeking multi-brand loyal, multi-store type loyal/brand non loyal. The characteristics of each loyalty orientation were compared.

Selection of target for the minimum expected loss in plating processes (도금공정에서 최소기대손실을 위한 목표치의 설정)

  • Park, Chang-soon;Kim, Jung-Jun
    • Journal of the Korean Data and Information Science Society
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    • v.21 no.6
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    • pp.1051-1060
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    • 2010
  • In the plating process of the IC chips for the printed circuit board manufacturing, specification limits for the plating thickness are usually given but its target is not specified in most cases. When the target is not specified, the center point of the specification limits is used instead. When the process capability is large, however, the use of the center point for the target is not the best choice in the context of the total cost. In this paper, the total cost is defined in terms of the production cost and the loss function, and then the optimal choice for target is studied in order to minimize the expected loss. As a consequence, the optimal choice of the target reduces the expected loss significantly, while reducing the process capability slightly.

Factors Affecting Information Breach Intention: Based on General Deterrence Theory and Rational Choice Theory (정보유출의도에 대한 영향요인: 일반 억제 이론 및 합리적 선택 이론을 기반으로)

  • Kim, June-Young;Kim, Tae-Sung
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.27 no.6
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    • pp.1507-1517
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    • 2017
  • Generally, information breach incidents are thought to be caused by external hackers. However, both direct and indirect information breach incidents by insiders are more frequent than by external hackers. It also accounts for more than half of the total information breach, so it should be prepared against insider breach. In this study, based on General Deterrence Theory(GDT) and Rational Choice Theory(RCT), we integrated the risk sensitivity and situational anxiety, which were studied in the field of traffic psychology to construct research model. Result of analysis shows that the impact of risk perceptions on the severity and certainty of perceived punishment was not statistically significant, but perceived benefits, situational anxiety, and severity and certainty of perceived punishment were found to influence the information breach intention.

A Study on the Media Consumers' Behavior Related to Online Communications: Behavioral Economics Perspective

  • Ma, Alice Kyoungran;Kim, Takhun;Ahn, Jongchang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.13 no.5
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    • pp.2491-2508
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    • 2019
  • This research investigates the media consumers' behavior with behavioral economics perspective, especially regarding TV content viewers' behavior; how do online communications influence TV viewers' decision when choosing a new TV content among options. We focus on quantity and attribute of comments or reactions on the online news articles. We analyze that online communications data, which were generated before the first broadcast, affect the TV content consumers' choice for a new TV series. Here we identify a predicted utility, experienced utility and distinction bias in TV media consumption to find the effectiveness of the first viewing choice on whole TV series' episodes. To avoid the crucial influence by exogenous factors, such as season and social issue, the test was done with specific conditions. This research found that the total number of reactions to the comments by itself positively affects the audiences' decision-making behavior for a new TV content choice. This influence was regardless of favor/ non-flavor reactions. This study contributes to the literature on media economics and management by exploring the media content users' consuming behavior and making a first step for finding an important influencer on the media content consumption.

Perception and Choice Attribute of Vegetarians and Omnivores toward Plant-based Foods (식물성 식품(plant-based foods)에 대한 채식주의자 및 잡식주의자의 인식과 선택속성)

  • Kim, Ga-Hyun;Oh, Jieun;Cho, Mi-Sook
    • Journal of the Korean Society of Food Culture
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    • v.37 no.2
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    • pp.99-108
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    • 2022
  • This study identifies the perceptions and choice attributes toward plant-based foods and identifies the differences between vegetarians and omnivores. We conducted an online survey of 245 vegetarians and 246 omnivores. The results reveal a significant difference between vegetarians and omnivores. Compared to omnivores, vegetarians perceived that plant-based food products would be 'good taste', 'animal-friendly', and 'consistent with their personal value'. Omnivore scores were higher in the perception that it would be 'good for health' and 'environment-friendly'. No statistically significant difference was obtained between both diet groups when considering the factor of nutrition. When considering choice as an attribute for plant-based food products, vegetarians responded that 'ingredients' were the most important, while omnivores responded that 'taste' was the most important. These results can be used as basic data for developing and promoting plant-based food products in South Korea.

Measuring the Moderating Effect of Food Involvement in the Relationship between Food Choice Motives and Fruit Consumption (음식 선택 동기와 과일 소비의 관계에서 음식 관여의 조절효과 평가)

  • Kang, Jong-Heon;Jeong, Hang-Jin
    • Journal of the Korean Society of Food Culture
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    • v.23 no.4
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    • pp.448-454
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    • 2008
  • The principal objective of this study was to assess the effects of food involvement moderating the relationship between food choice motives, including health concerns, weight control and ethical concern, and fruit consumption. A total of 290 questionnaires were completed. Moderated regression analysis was utilized to assess the relationships among variables. The results of the study showed that the results of data analysis also indicated good model fit. The direct effects of health concerns on fruit consumption were statistically significant in Models 1 and 2. However, the direct effects of ethical concern on fruit consumption were statistically significant in Model 3. As had been expected, the interaction of ethical concerns and food involvement exerted a significant effect on fruit consumption in Model 3. However, the interaction of health concern and food involvement, as well as weight control and food involvement exerted no significant effects on fruit consumption. Moreover, ethical concerns about fruit consumption exerted a significant negative effect at the low level and a positive effect at the high level of food involvement, except in cases in which the level of food involvement was medium. The results of this study revealed that fruit marketers should attach importance to the interaction effect of food involvement in order to better understand the elements of market demand and customer loyalty.