• Title/Summary/Keyword: preference of choice

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Attribute Resemblance and Preference for Products: Moderating Effect of Attribute Familiarity

  • Kwanho Suk
    • Asia Marketing Journal
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    • v.25 no.1
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    • pp.3-14
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    • 2023
  • This research examines how consumer preferences for products are affected by attribute resemblance, which refers to the degree to which a product is similar with other products that are being evaluated together. It is expected that the influence of attribute resemblance on attitude and choice is moderated by attribute familiarity, which is tested in three empirical studies. Studies 1 and 2 examine the effects on the attitude toward the product and show that the positive influence of attribute resemblance on attitude is stronger when attribute are less (vs. more) familiar. Study 3 tests the effects on choice for which attribute resemblance can have a negative influence because of the increase in the competition with similar options. For choice, the attribute resemblance has a positive influence when attributes are less familiar but has a negative influence when attributes are more familiar.

Analysing Korean Residential House Tenure Choice by Mixed Logit Panel Model

  • Jeong, Ki-Ho;Lee, Sang-Ho
    • Journal of the Korean Data and Information Science Society
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    • v.19 no.2
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    • pp.559-568
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    • 2008
  • This paper analyzes Korean residential tenure choice for house which is the most important in Korean households' assets. Data used in the analysis is the data of Korean Labor and Income Panel Study for the period from 1998 to 2006 and with 2341 households. In this paper, a household chooses a housing tenure mode, either by renting or by owing house. We use a mixed-logit panel model as an estimation model to take into consideration household's heteroscedasticity of preference in tenure choice. It turns out that the heteroscedasticity is significant in households' tenure choice behavior, implying that Korean housing policy emphasizing supply side should consider the demand side.

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The Effect of Resource Depletion on Deciding on Product Assortments Size (소비자의 자원고갈이 제품구색간 의사결정에 미치는 효과)

  • Cho, Yeon-Jin;Park, Cheong-Kyu;Lim, Hyun-Woo
    • Journal of Distribution Science
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    • v.14 no.3
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    • pp.85-91
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    • 2016
  • Purpose - Prior research has suggested that consumers typically prefer to have a larger number of options. However, preference of assortment size may depend on how depleted resources in consumers' mind are. Reduced capacity for self-regulation by resource depletion makes people rely on more intuitive and less effortful decision processing. When they are mentally depleted, people are likely to focus on the choice difficulty from large assortment, which leads to preference for the small assortment when they make a decision. It could be an important question potentially how being in a depleted mode through effortful self-regulation will influence on the evaluation of assortment size. To answer this questioner, we hypothesized that being engaged in self-regulation, as compared with not being engaged in self-regulation, will influence on the evaluation of product assortment size such as attractiveness, difficulty of choice, and anticipated regret. Research design, data, and methodology - In this study, we first manipulated self-regulatory resource availability using a self-regulation task (i.e., instructing participants to solve Sudoku puzzle vs. to solve diagram cube by filling any diagrams that they prefer into cube instead of number) and asked to indicate the difficulty of the tasks available to them ("How much difficulty did you feel when you complete the task?") Next, participants were asked to imagine that they were planning to buy a laptop at one of the two stores (small assortment: 6 options vs. large assortment: 30 options), both offering good quality of products. After reading the product descriptions, participants were instructed to consider all the information and choose a store that they would like to shop. Finally we measured the choice difficulty, evaluation of product assortments, and anticipated regret on a 7-point scale. We conducted two-way ANOVA in testing the main hypothesis that depleted consumers will show poorer subsequent self-control than non-depleted consumers when they make a decision in large assortment. Results - Compared with non-depleted participants, depleted participants showed the bigger difference from the degree of choice difficulty and product attractiveness between large and small assortments, but the result revealed only a significant interaction effect of resource depletion and assortment size on choice difficulty. Also depleted participants showed the smaller difference from the degree of anticipated regret between large and small assortments than non-depleted participants. Conclusion - Depleted individuals by a prior task are relatively effortless and intuitive form of choosing products so that they try to avoid making effortful trade-offs among choice difficulty such as large assortment, compare with non-depleted individuals. However, for anticipated regret, non-depleted individuals in small assortment anticipate more regret by excluding or at least restricting the possibility of buying attractive items or another kind of potential items than depleted individuals, regardless less choice difficulty in small option. To sum up, it is important to note that individuals are influenced by self-regulatory resources and their self-regulatory conditions contribute to the overall positive or negative impact of product assortment on choice.

Freight Mode Choice Modelling with Aggregate RP Data and Disaggregate SP Data (집계적 현시선호자료와 비집계적 진술선호자료를 이용한 화물수단선택모형 구축)

  • Kang, Woong;Lee, Jang-Ho;Park, Minchoul
    • Journal of the Korean Society for Railway
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    • v.20 no.2
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    • pp.265-274
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    • 2017
  • For accurate demand forecasting of railway logistics, we estimated intercity freight mode choice models based on the binary logit model and using production-consumption data from the Korea Transport Database. We estimated two types of models and compared the results by major item of railway logistics, such as container, cement, and steel: 1) The aggregate freight mode choice models are based on the revealed preference (RP) data and 2) The disaggregate models are based on the stated preference (SP) data. With respect to the container, the travel time variable was found to be statistically significant; however, the travel cost variable was not statistically significant in the RP model, while the travel cost variable was statistically significant in the SP model. For cement and steel, the travel cost variables were statistically significant but the travel time variables were not statistically significant in either the RP or the SP models. These results are inconsistent with results from previous studies based on SP data, which showed that the travel time variables were significant. Consequently, it can be concluded that the travel time factor should be considered in container transport, but that this factor is negligible for cement and steel transport.

Wearing Preference on the Types of Blouse according to Shoulder Angle - Focused on Set-in, Raglan and Kimono Sleeves - (어깨 경사도에 따른 소매 유형별 블라우스의 착의선호도 - 세트인, 래글런, 기모노를 중심으로 -)

  • Shin, Hye-Mi;Lee, Myung-Hee
    • Fashion & Textile Research Journal
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    • v.21 no.2
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    • pp.163-170
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    • 2019
  • This study utilized the wearing test of subjects and a preference survey to determine wearing preference on types of blouses according to shoulder angle. The shoulder angles of the subjects were set as average shoulder, slopping shoulder, and square shoulder. The blouse sleeves were set as set-in, raglan, and kimono according to five domestic clothing construction books. A total of 15 blouses were made and tested by different bodices and sleeve types. The wearing test of subjects had the human subjects evaluate the appearance of the subject looking at the mirror while standing as well as evaluated the sensation test while not looking at the mirror. The preference survey was given to 100 females and was conducted using photos with combinations of three types of sleeves and shoulder angles in a survey under the same conditions. The average shoulder showed that set-in with the highest score in the wearing test was also preferred in the preference survey. The slopping shoulder evaluated the highest score in the wearing test by mirror; however, the preference survey showed that raglan was the most preferred choice. The squared shoulder showed that raglan with a high score in the wearing test by mirror was also preferred in the preference survey.

Self-concept molds choice experiences among multiple alternatives: An fMRI study

  • Kim, Hye-Young;Shin, Yeonsoon;Han, Sanghoon
    • Science of Emotion and Sensibility
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    • v.16 no.4
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    • pp.445-456
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    • 2013
  • This study addresses the relationship between individual differences regarding self-concept, measured by Self Concept Clarity (SCC) scale and Relational-Interdependent Self-Construal and relationships (RISC) scale, and diverse affective consequences after choice behavior. We hypothesized that lower self-concept clarity and higher relational interdependence would be related to increased susceptibility to choice context-for example, how a choice set is constructed based on one's initial preference. We examined how variations in a choice set can produce different affective consequences after making choices, and investigated the underlying neural mechanism using fMRI. In this experiment, participants first rated their preferences for art posters, and made a series of choices from a presented set. After the choice task, they completed post-choice measures including preferences for the chosen posters, as well as measures of their self-concept clarity and relational interdependence. Our behavioral results demonstrated that when participants faced more conflicting choice context, self-concept clarity was related to more positive affective consequences after choice, whereas relational interdependence was correlated with a lower second-rated attractiveness of the chosen option. The neuroimaging analysis of choice-making revealed that self-concept clarity and the degree of their relational interdependence served as modulators in shaping how one perceives and experiences the same decision-making process. These results have theoretical and practical importance in that it is one of the first studies investigating the influence of the individual differences regarding self-concept on value-based decision making process among diverse choice set contexts.

Behavioral Analysis of Dynamic Route Choice with Stated Preference Panel Data (선호의식 Panel Data를 이용한 동적 경로선택 행동분석)

  • 성수련;남궁문
    • Journal of Korean Society of Transportation
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    • v.17 no.3
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    • pp.47-60
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    • 1999
  • In this study, the dynamic route choice behavior of driver is assumed to be affected by the current conditions of traffic environments as well as the Past traffic environments and activities. The repeated survey of multi-timed to owner drove in Chon-ju city by the virtual traffic information system was performed by the stated preference method. And the LISREL(An analysis of linear structural relationship) model was used. As the results. the variable Parameter and t-value of travel time information on applied model was high and their results have an effect greatly to the route choice. After all, the route choice was negative from Kirin-ro, which Penetrates the downtown, and positive from Chunbyun-ro which was a roundabout way was confirmed. Estimated result of the reasonability, the highest suitable model was ode which applied the concept of serial correlation and stated dependence and was shown applying rightfulness to dynamic model. As the serial correlation and stated dependence parameter value, when time interval was large, parameter value was small and the serial correlation and stated dependence was in inverse proportion ratio to the time interval.

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Development of International Passenger Travel Demand Models for the ASEAN Region (아세안지역의 국가간 여객통행수요 추정모형 구축에 관한 연구)

  • Mun, Jin-Su;Park, Jun-Hwan;Jung, Ho-Young
    • Journal of Korean Society of Transportation
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    • v.26 no.6
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    • pp.7-15
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    • 2008
  • Due to the limitations in the statistical data, the existing studies adopted rough methodologies with strong assumptions in the estimation of international passenger travel demand forecast in the ASEAN region. This study aims to develop international passenger travel demand models using scientific methodologies. This study proposes a direct demand model using the immigration and emigration data between countries in the region. This is because of the difficulty of estimating trip generation and trip distribution separately due to the data limitation in the region. As there does not exist the mode choice model for the region, this study estimates a mode choice model using the Stated Preference technique. The mode choice model is separated into three categories of models according to the range of distance between the origin and destination of travel; this is to reflect the different behavior in mode choice according to the travel distance. The result of model estimations suggests that the estimated models produce resonable results statistically. It is expected that the proposed models are useful for the future travel demand estimation in the ASEAN region.

A Route Choice Model with Considering Fuel Cost by Travel Distance (통행거리에 따른 유류비를 반영한 경로선택모형 개발)

  • Park, Bora;Lee, Jaeyoung;Choi, Keechoo;Song, Pilyong
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.6D
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    • pp.599-604
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    • 2010
  • In this study, the value of travel time was estimated with reflecting the fuel cost according to travel distance. The main objective of this study is whether the addition of the fuel cost as a factor for route choice behavior is appropriate or not, through the stated preference survey. The route choice model was developed using SP survey technique with the consideration of level difference and the value of travel time, toll and fuel costs. Consequently, the fuel cost is identified as a main factor like travel time and toll cost in choosing routes from drivers' viewpoints. Nevertheless, since toll costs are recognized as out-of-pocket expenses whereas fuel costs as periodical expenses, it seems drivers are more sensitive to toll than fuel costs.

Bicyclists' Behavioral Characteristics and Impacts on Route Choice Using Stated Preference Survey in Commuting Time (통근시간대 자전거이용자의 이용행태특성 및 경로선택 영향요인 분석)

  • Lee, Jae-Yeong
    • Journal of Korean Society of Transportation
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    • v.28 no.5
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    • pp.77-87
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    • 2010
  • In the last five years, Korea has supplied many more bicycle facilities than in the last several decades combined. However, have bicyclists increased in proportion to investment? If bicyclists are avoiding existing bicycle related facilities, including off-road bicycle facilities, it could be because suppliers did not consider bicyclists' preferences in their planning process. In this paper, the authors tried to understand the bicyclists' behavioral and route choice characteristics using stated preference surveys and a logit model, using commuting time in Daejeon Metropolitan City, Korea. The results show that nine factors affect the route choice behavior of bicyclists. In particular, bicyclists preferred sub-arterial roads to off-road, dedicated bicycle facilities in residential area. It means that bicyclists like a seamless bicycle route and that a buffer zone between car lanes and bicycle lanes or 50 km/h speed limits for cars are necessary for bicycle lanes that are not physical separated.