• Title/Summary/Keyword: binary logit model

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Determinants of Ready-to-Cook Seafood Consumption by Food-related Lifestyle (식생활 라이프스타일에 따른 수산물 즉석조리식품 소비 결정요인 분석)

  • Kyung-Jun Cho;Heon-Dong Lee
    • The Journal of Fisheries Business Administration
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    • v.54 no.1
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    • pp.051-069
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    • 2023
  • This study analyzed the determinants that affect the purchase of ready-to-cook seafood products using the "Consumer Attitude Survey on Processed Foods" from 2018 to 2021. Dietary lifestyle, food awareness and preference survey questions were categorized, and factors affecting the purchase probability of ready-to-cook seafood were identified through a binomial logit model. The main research findings are as follows. First, consumers had higher preference for quality, safety, and new taste factors than health and price factors when purchasing HMR (Home Meal Replacement). Second, through binomial logit model analysis, the probability of purchasing ready-to-cook seafood products was low in the group pursuing taste and economy. On the other hand, the purchase probability was high in the group seeking convenience. Third, the purchase probability of ready-to-cook seafood products was higher in households with two or more persons than in single-person households. These results suggest that differentiated product development and marketing strategies should be needed for each consumer groups in the seafood convenience food market.

Bayesian Analysis of Binary Non-homogeneous Markov Chain with Two Different Time Dependent Structures

  • Sung, Min-Je
    • Management Science and Financial Engineering
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    • v.12 no.2
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    • pp.19-35
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    • 2006
  • We use the hierarchical Bayesian approach to describe the transition probabilities of a binary nonhomogeneous Markov chain. The Markov chain is used for describing the transition behavior of emotionally disturbed children in a treatment program. The effects of covariates on transition probabilities are assessed using a logit link function. To describe the time evolution of transition probabilities, we consider two modeling strategies. The first strategy is based on the concept of exchangeabiligy, whereas the second one is based on a first order Markov property. The deviance information criterion (DIC) measure is used to compare models with two different time dependent structures. The inferences are made using the Markov chain Monte Carlo technique. The developed methodology is applied to some real data.

A Logistic Regression Analysis of Two-Way Binary Attribute Data (이원 이항 계수치 자료의 로지스틱 회귀 분석)

  • Ahn, Hae-Il
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.3
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    • pp.118-128
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    • 2012
  • An attempt is given to the problem of analyzing the two-way binary attribute data using the logistic regression model in order to find a sound statistical methodology. It is demonstrated that the analysis of variance (ANOVA) may not be good enough, especially for the case that the proportion is very low or high. The logistic transformation of proportion data could be a help, but not sound in the statistical sense. Meanwhile, the adoption of generalized least squares (GLS) method entails much to estimate the variance-covariance matrix. On the other hand, the logistic regression methodology provides sound statistical means in estimating related confidence intervals and testing the significance of model parameters. Based on simulated data, the efficiencies of estimates are ensured with a view to demonstrate the usefulness of the methodology.

A Study on Estimation of Bottled Tap Water Market Size ('병입 수돗물' 시장규모 추정연구)

  • Kim, Shang Moon;Ryu, Mun Hyun
    • Journal of Korean Society of Water and Wastewater
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    • v.23 no.6
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    • pp.753-761
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    • 2009
  • Bottled water market is growing at a rate of 10% per year in Korea. However, bottled water exhausts ground water. Korean government proposed to provide 'bottled tap water' at a low price in 2008. This study is the estimation of 'bottled tap water' market scale using binary logit model. we calculate that 'bottled tap water' market scale is from at least 92 billion won to 154 billion won by 150, 250 won per a bottled water, respectively. This paper indicates that scale of 'bottled tap water' market is a half of 'bottled water' market in 2007. This result provides that policy-makers with available and responsible information regarding the scale of 'bottled tap water' market.

Valuation of Use Value on Environmental Goods (환경자원의 이용가치 평가)

  • 박용치
    • Survey Research
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    • v.2 no.2
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    • pp.83-107
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    • 2001
  • The contingent valuation method uses survey questions to elicit people's preferences for public goods by finding out what they would be willing to pay for specified improvement in them. The method is thus aimed at eliciting their willingness to pay in money amounts. It circumvents the absence of markets for public goods by presenting consumers with hypothetical markets in which they have the opportunities to buy the good In question. The hypothetical markets may be modeled after either a private goods market or a political market. Respondents are presented with material, often in the course of a personal interview conducted face to face. An on-site survey was conducted to 1107 randomly selected P-mountain users using a dichotomous choice questionnaire for the contingent valuation method. Seventeen different bid sets were chosen ranging from the lowest bid of 300won to the highest bid of 2, 100won to elicit a reasonable entrance fee in the hypothetical market. The probability of an individual user's willingness to pay for the suggested bid had been determined, and the expected value of willingness to pay was estimated using binary-1ogit model. The average public value of P-mountain per individual user was estimated to be 1,055.92won ~ 1,995.61won according to the binary-logit model. The economic value of this P-mountain which includes both use value and existence value can be determined by aggregating the average value giving total willingness to pay for the entire population, in this case 5.491 billion ~ 10.377 billion.

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An Analysis of the Transformation of Over-depopulated Rural Villages (농촌 과소화마을의 변화 분석)

  • Park, Jen-Woo;Lee, Taeho;An, Donghwan
    • Journal of Korean Society of Rural Planning
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    • v.24 no.2
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    • pp.79-89
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    • 2018
  • The main purpose of this study is to explore the factors that affect the transformation of over-depopulated rural villages. Specifically, we investigated the reasons of the rapid decrease in the number of over-populated rural villages shown by recent census data in spite of the continuing decrease of population in rural area. We used a binary-logit model and the Census of Agriculture, Forestry and Fisheries data(2010, 2015). The main results are summarized as followed: First, the over-depopulated rural villages with strong agronomic base are more likely to exit from over-depopulation. Second, returners from urban to rural have a positive impacts on the revival of over-depopulated rural areas. Thirds, improving the basic services accessibility of rural residents is also critical for keeping rural community more sustainable. These findings can be used to make effective strategies to revive the depopulated rural villages.

Disaggregate Demand Forecasting and Estimation of the Optimal Price for UTIS Service (무선교통정보수집제공시스템(UTIS) 서비스의 이용 수요 예측 및 이용료 적정 수준 산정에 관한 연구)

  • Jang, Seok-Yong;Jung, Hun-Young;Ko, Sang-Seon
    • Journal of Korean Society of Transportation
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    • v.26 no.5
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    • pp.101-115
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    • 2008
  • This study reports UTIS(Urban Traffic Information System), which has been generalized in developed countries through brisk research and development and is being promoted for introduction by National Police Agency and Road Traffic Authority to reduce the astronomical amount of social expenses including traffic congestion expenses. Also this study investigates the proper charges for using by the preestimate of demand and contentment according to methods of payment after the service is introduced. The results of this study are as follows. First, demand forecast model is constructed by Binary Logit Model. Second, forecast models of using aspects of UTIS service according to methods of payment are established by Ordered Probit Model. Third, the proper charges for using of UTIS service according to methods of payment are presented to the supplier in the aspects of users. For this, preferences by using aspects and methods of payment are captured. And unit elasticity of coefficient of utilization is understood through responsiveness analysis according to methods of payment.

Market Segmented Analysis of Electric Vehicle Purchasing Behavior in Seoul (서울시 전기차 구매행태에 대한 시장분할 분석)

  • HAHN, Jin-Seok;LEE, Jang-Ho
    • Journal of Korean Society of Transportation
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    • v.36 no.2
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    • pp.129-140
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    • 2018
  • In this study, we analyzed the electric vehicle (EV) purchasing behavior with market segmentation in Seoul using the binary logit model. For the model estimation, the experimental design of SP survey generated 24 scenarios with purchase price, charging station availability, and driving range of EVs. The results of market segmentation analysis indicated that the owners of subcompact and compact size cars were primarily affected by the purchasing price while those of mid and full size cars were more sensitive to the charging station availability. By housing type, the charging station availability was the most important factor for the residents of apartment while the purchase price was the most important factor to choose the EVs. These results presented that the EV supply strategy of the automobile manufacturer should be diversified according to the marketing target and the expansion of the public charging infrastructure should be the top priority in the government policy.

Identifying Key Factors to Affect Vehicle Inspection and Maintenance(I/M) Test Results Using a Binary Logit Model (California Case Study) (이항로짓모형을 이용한 자동차 배출가스 검사결과에 미치는 요인분석(미국 캘리포니아 사례를 중심으로))

  • Chu, Sang-Ho
    • Journal of Korean Society of Transportation
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    • v.24 no.3 s.89
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    • pp.189-195
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    • 2006
  • For the past decades, vehicle emissions has been a major source of air pollution in urban areas Vehicle inspection and maintenance (I/M) test programs were developed for major metropolitan areas to reduce urban air pollution. However. there are a few studies of exploring major factors to influence I/M test failure. This study develops a logit model to identify key factors affecting overall test failure, using the vehicle I/M test data from California in October 2002. The model results indicate that vehicle age, odometer reading, engine size, vehicle make, presences of emissions control equipment, and test types have significant effects on the probability of I/M test failure.

Discriminant Factors Influencing the Community Integration of Immigrant Women on Marriage: Comparison of Regional Traits (도시화 정도에 따른 결혼이주여성의 지역사회통합에 미치는 차별적 영향 분석: 특별·광역시 지역과 도지역 거주자의 비교)

  • Kim, Kyung-Bum;Park, Cheol-Min
    • The Journal of the Korea Contents Association
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    • v.18 no.4
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    • pp.214-222
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    • 2018
  • The purpose of this study is to analyze the role of individualistic, family, and social characteristics of immigrant women on marriage on community integration. It is focused on exploring how the immigrant women on marriages' residential district differentiate community integration. The study adopts a questionnaire method in research of immigrant women on marriage in all parts of Korea. Data are collected from 163(Metropolitan Government & City), 182(Provincial Government) immigrant women on marriage for empirical analysis respectively. Technique used in analyzing data is Binary Logit Model primarily. In conclusion, on the results of test, it turned out to be strong significant influence on provincial regions than the metropolitan city regions statistically excepting family, and social characteristics.