• Title/Summary/Keyword: Discrete Choice Analysis

Search Result 45, Processing Time 0.024 seconds

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
    • /
    • v.37 no.4
    • /
    • pp.153-160
    • /
    • 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.

Demand Forecasting with Discrete Choice Model Based on Technological Forecasting

  • 김원준;이정동;김태유
    • Proceedings of the Technology Innovation Conference
    • /
    • 2003.02a
    • /
    • pp.173-190
    • /
    • 2003
  • Demand forecasting is essential in establishing national and corporate strategy as well as the management of their resource. We forecast demand for multi-generation product using discrete choice model combining diffusion model The discrete choice model generally captures consumers'valuation of the product's qualify in the framework of a cross-sectional analysis. We incorporate diffusion effects into a discrete choice model in order to capture the dynamics of demand for multi-generation products. As an empirical application, we forecast demand for worldwide DRAM (dynamic random access memory) and each of its generations from 1999 to 2005. In so doing, we use the method of 'Technological Forecasting'for DRAM Density and Price of the generations based on the Moore's law and learning by doing, respectively. Since we perform our analysis at the market level, we adopt the inversion routine in using the discrete choice model and find that our model performs well in explaining the current market situation, and also in forecasting new product diffusion in multi-generation product markets.

  • PDF

Analyzing Public Preference for Community-Based Floating Photovoltaic Projects: A Discrete Choice Experiment Approach (주민참여형 수상태양광 발전사업에 대한 국민 선호도 분석: 선택실험법을 이용하여)

  • Hye Lee, Lee;JongRoul, Woo
    • Current Photovoltaic Research
    • /
    • v.10 no.4
    • /
    • pp.121-132
    • /
    • 2022
  • The need for floating photovoltaic is being emphasized to expand renewable energy but low residents' acceptance is a major obstacle to the deployment of floating photovoltaic. Using the discrete choice experiment, this study analyzed the preferences for community-based floating photovoltaic projects and proposed a method to increase the residents' acceptance of floating photovoltaic projects. The estimates of the marginal willingness to accept (MWTA) of the distance, the coverage ratio, the landscape, the project owner (public institution), and the project owner (large company) are -0.69%p/km, 0.13%p/%p, -0.57%p, -2.95%p, -1.73%p, respectively. According to the result of simulation analysis, the residents' acceptance is significantly higher when the project is operated by a public institution, with a choice probability of 58%, than when the project is operated by a private company, with a choice probability of 29%, 12% for a large and small company, respectively. In addition, as a result of the analysis of the expected returns, the results show that the closer the distance from the residence to the power plant, the higher the expected return.

Analysis on the business strategy and policy for the alternative fuel vehicle : Using stated preference data (대체연료 자동차에 대한 소비자 선호 분석을 통한 산업전략과 기술정책에 관한 연구)

  • 김연배;정기철;안지운;이정동
    • Proceedings of the Technology Innovation Conference
    • /
    • 2006.02a
    • /
    • pp.264-297
    • /
    • 2006
  • In this paper, we attempt to analyze consumer preference for the alternative-fuel vehicles based on data from a stated preference using the conjoint analysis. Five possible fuel types (gasoline, diesel, CNG, LPG, Hybrid (electricity+gasoline)) are covered in conjoint cards. To estimate and analyze consumer preference, discrete choice model is used. Specifically, Bayesian mixed logit model is used. Based on estimating results, we discuss the business strategy and policy for the alternative fuel vehicle.

  • PDF

Analysis on Determinants of Residential Location Choice for the Intra-Urban Migrants in the Seoul Metropolitan Area (수도권 주거 이동 가구의 주거입지 선택 요인 분석)

  • Jun, Myung-Jin;Kang, Do-Gyu
    • Journal of the Korean Regional Science Association
    • /
    • v.32 no.1
    • /
    • pp.83-103
    • /
    • 2016
  • This study aims to analyze the determinants of residential location choice for the inter-urban migrants in the Seoul metropolitan area. In doing so, we have built a discrete choice model, using household sample data from the 2010 Korea Population and Housing Census. We classified households, which made a intra-urban movement during the last five years, into four groups: 1) movers from Seoul (central city) to Gyunggi-Incheon (suburban), 2) movers from Gyunggi-Incheon to Seoul, 3) Intra-Seoul movers, and 4) intra-Gyunggi-Incheon movers. The analysis findings can be summarized as follows. First, significant differences in the determinants of residential location choice were found among different types of movers. Second, movers from Gyunggi- Incheon to Seoul were likely to choose small housings with fewer rooms, indicating that their housing choices were forced rather than voluntary due to high housing prices in Seoul. Third, all types of movers have a high preference for the neighborhood with a good accessibility by public transit including subway. Lastly, neighborhood amenity was also an important attracting factors for the intra-urban migrants in Seoul.

A Study on the Dynamic Programming for Control (제어를 위한 동적 프로그래밍에 관한 연구)

  • Cho, Hyang-Duck;Kim, Woo-Shik
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
    • /
    • 2007.11a
    • /
    • pp.556-559
    • /
    • 2007
  • The notion of linearity is fundamental in science and engineering. Much of system and control theory is based on the analysis of linear system, which does not care whether it is nonlinear and complex. The dynamic programming is one of concerned technology when users are interested in choosing best choice from system operation for nonlinear or dynamic system‘s performance and control problem. In this paper, we will introduce the dynamic programming which is based on discrete system. When the discrete system is constructed with discrete state, transfer between states, and the event to induct transfer, the discrete system can describe the system operation as dynamic situation or symbolically at the logical point of view. We will introduce technologies which are related with controllable of Controlled Markov Chain as shown example of simple game. The dynamic programming will be able to apply to optimal control part which has adaptable performance in the discrete system.

  • PDF

STABILIZED-PENALIZED COLLOCATED FINITE VOLUME SCHEME FOR INCOMPRESSIBLE BIOFLUID FLOWS

  • Kechkar, Nasserdine;Louaar, Mohammed
    • Journal of the Korean Mathematical Society
    • /
    • v.59 no.3
    • /
    • pp.519-548
    • /
    • 2022
  • In this paper, a stabilized-penalized collocated finite volume (SPCFV) scheme is developed and studied for the stationary generalized Navier-Stokes equations with mixed Dirichlet-traction boundary conditions modelling an incompressible biological fluid flow. This method is based on the lowest order approximation (piecewise constants) for both velocity and pressure unknowns. The stabilization-penalization is performed by adding discrete pressure terms to the approximate formulation. These simultaneously involve discrete jump pressures through the interior volume-boundaries and discrete pressures of volumes on the domain boundary. Stability, existence and uniqueness of discrete solutions are established. Moreover, a convergence analysis of the nonlinear solver is also provided. Numerical results from model tests are performed to demonstrate the stability, optimal convergence in the usual L2 and discrete H1 norms as well as robustness of the proposed scheme with respect to the choice of the given traction vector.

The impact of artificial discrete simulation of wind field on vehicle running performance

  • Wu, Mengxue;Li, Yongle;Chen, Ning
    • Wind and Structures
    • /
    • v.20 no.2
    • /
    • pp.169-189
    • /
    • 2015
  • To investigate the effects of "sudden change" of wind fluctuations on vehicle running performance, which is caused by the artificial discrete simulation of wind field, a three-dimensional vehicle model is set up with multi-body dynamics theory and the vehicle dynamic responses in crosswind conditions are obtained in time domain. Based on Hilbert Huang Transform, the effects of simulation separations on time-frequency characteristics of wind field are discussed. In addition, the probability density distribution of "sudden change" of wind fluctuations is displayed, addressing the effects of simulation separation, mean wind speed and vehicle speed on the "sudden change" of wind fluctuations. The "sudden change" of vehicle dynamic responses, which is due to the discontinuity of wind fluctuations on moving vehicle, is also analyzed. With Principal Component Analysis, the comprehensive evaluation of vehicle running performance in crosswind conditions at different simulation separations of wind field is investigated. The results demonstrate that the artificial discrete simulation of wind field often causes "sudden change" in the wind fluctuations and the corresponding vehicle dynamic responses are noticeably affected. It provides a theoretical foundation for the choice of a suitable simulation separation of wind field in engineering application.

Analysis of Transportation Mode Choice Behavior Based on Accessibility : Focused on Chungnam-Weihai route (접근성에 따른 운송수단 선택행동에 관한 분석 : 충남-위해구간을 중심으로)

  • Choi, Jung-kyu
    • Journal of Korea Port Economic Association
    • /
    • v.32 no.4
    • /
    • pp.183-192
    • /
    • 2016
  • The purpose of this study is to analyze the choice behavior of the mode of transportation for travel from Korea to China. Discrete choice analysis is utilized to establish the factors that affect travelers' choice and to quantify the importance of these factors in transportation mode choices. The proposed choice models were constructed by using stated-preference (SP) data obtained from Chungcheongnam-do. This study also examined different choice behavior in order to capture any previously unobserved differences in the residence area. Results showed that the access time and frequency attributes are the most significant factors, while the travel time attributes are the least significant factors for travelers' choice behaviour. The insights of the results described in this research provide some practical suggestions to transportation providers for planning and strategic management endeavors in the future.

The Study of the Effect of Tour Site Personality and Attributes on the Choice of Tour Site (관광지 개성과 속성이 관광지 선택에 미치는 영향에 관한 연구)

  • Lim, Byung-Hoon;Ahn, Kwnag-Ho;Ha, Jae-Won
    • Journal of Global Scholars of Marketing Science
    • /
    • v.15 no.3
    • /
    • pp.149-168
    • /
    • 2005
  • The purpose of this paper is to study the impact of brand personality on the choice of tour site. For this purpose, Japanese, Chinese and Korean tourists visiting Jeju-Ireland were sampled and asked to evaluate the personality dimensions and attributes of six major tour sites in Asia. Factor analysis is applied to 42 personality scales of Aaker and 5 personality dimensions are extracted. Then, Multinomial Logit model is applied to estimate the relative impact of personality dimensions and attributes on the choice of tour sites. Results suggest useful implications. The personality of tour sites has meaningful influence on choice of tour sites, in some cases more important than tour site attributes. Among 5 dimensions of personality, sincerity and excitement are found to be important dimensions in the choice process of tour site. Sophistication of the site, expressed as glamorous, charming, handsomeness, uniqueness, and smooth, is also found to be important in determining intention to visit in the future.

  • PDF