• Title/Summary/Keyword: Multinominal logit model

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Measuring the Willingness to Pay for Cold Chain System Attributes of Fresh Fish - Focusing on the mackerel - (수산물 저온유통의 속성별 지불의사금액 추정 - 고등어를 중심으로 -)

  • Lee, Heon-Dong;Joo, Moon-Bae
    • The Journal of Fisheries Business Administration
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    • v.40 no.2
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    • pp.27-48
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    • 2009
  • The objective of this paper is to estimate consumer's marginal willingness to pay(MWTP) for cold chain system attributes of mackerel using choice experiment questionnaires. The survey data were analyzed by conjoint analysis method with multinominal logit model. The five cold chain system attributes with $2{\sim}4$ attribute levels were considered : low temperature safekeeping of fishing boats, a kind of transport truck and packing box, using degree of low temperature facility in distribution, mackerel price per fish(1kg). At least 827 people were asked to participate in the survey. The major findings and implications of this study can be summarized as follows : The estimated multinominal logit model is statistically significant and the total consumers willingness to pay for the improved cold chain system attributes is 6,476 won (per kg). Compared with the base price(2,500 won/kg), the estimated MWTP is 2.5 times higher than the base price. Therefore, the consumer has a willingness to pay for the fresh and safe fish products, even though more money is paid. To satisfy the consumer's needs, cold chain system is necessary in point of long-term. In this reason, The government's policy support is needed for promoting cold chain system in fishery, and a master plan should be prepared.

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Effects of Multicollinearity in Logit Model (로짓모형에 있어서 다중공선성의 영향에 관한 연구)

  • Ryu, Si-Kyun
    • Journal of Korean Society of Transportation
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    • v.26 no.1
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    • pp.113-126
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    • 2008
  • This research aims to explore the effects of multicollinearity on the reliability and goodness of fit of logit model. To investigate the effects of multicollinearity on the multinominal logit model, numerical experiments are performed. The exploratory variables(attributes of utility functions) which have a certain degree of correlations from (rho=) 0.0 to (rho=) 0.9 are generated and rho-squares and t-statistics which are the indices of goodness of fit and reliability of logit model are traced. From the well designed numerical experiments, following findings are validated : 1) When a new exploratory variable is added, some of rho-squares increase while the others decrease. 2) The higher relations between generic variables lead a logit model worse with respect to goodness of fit. 3) Multicollinearity has a tendency to produce over-evaluated parameters. 4) The reliability of the estimated parameter has a tendency to decrease when the correlations between attributes are high. These results suggest that we have to examine the existence of multicollinearity and perform the proper treatments to diminish multicollinearity when we develop logit model.

The Effect of Consumer Value and Unethicality on the Type of Consumer Complaint Behaviors (소비자 가치와 비윤리성에 따른 소비자 불평행동 유형)

  • Lee, Youngae;Lim, Su-Ji
    • Korean Journal of Human Ecology
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    • v.22 no.2
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    • pp.267-282
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    • 2013
  • This study analyzed the effect of consumer value and unethicality on the type of consumer complaint behaviors. Despite the obvious importance of the research on consumer complaint behaviors focused on consumer's inherent personality, there is relatively little work done. The purpose of this study is to analyze the determinants of consumer complaint behaviors in order to improve consumers' well-being and develop the market condition. The 1,050 respondents are finally analyzed using the descriptive statistics, factor analysis, and multinominal logit model. Consumer value and unethicality are significant effect on the type of consumer complaint behaviors such as no action, private action only, public action only, and both private and action. The orientation of achievement and pleasure among consumers' value is associated with the higher level of complaint behaviors compared with no action. In terms of consumers' unethicality, no harm unethicality is associated with the types of each consumer complaint behavior except no action. On the other hand, both proactive and passive unethicality increase the possibility of no action. The policy implications of the consumer education are suggested as well as the directions of customer management strategies in the business sector.

Development of Mode Choice Model and Applications Considering Connectivity of Express Way (고속도로 연계성을 반영한 고속철도 수단선택모형 개발 및 적용)

  • Cho, Hang-Ung;Chung, Sung-Bong;Kim, Si-Gon;Oh, Jae-Hak
    • Journal of the Korean Society for Railway
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    • v.14 no.4
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    • pp.383-389
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    • 2011
  • Until now, in planning and constructing KTX and the Express Way, the connectivity and transfer between these facilities have not been considered. In this study the effect of mode choice behavior by connecting KTX and the Express Way is analyzed through estimating Multinomial Logit Model and Binary Logit Model. The SP and RP surveys to develop these models were carried out and the data were selected from the passengers using the KTX station, Express Bus Terminals and Rest Areas in the Express Way. To test the effect of connectivity and transfer in the field, the case study for Dongtan KTX station was carried out. According to the results, connecting the KTX station and the Express Way has the effect of increasing the demand by 30%. And this is caused by saving about 120 minutes of traveling time from Seoul to Pusan. This study shows that the connectivity and transfer can increase the efficiency of transportation system and the improvement in the mobility and accessibility will maximize the usages of these two facilities.

A Study on the Choice Behavior of Transportation Mode in Jeju (제주지역의 교통수단선택 행태에 관한 연구)

  • Kim, Kyung-Bum;Hwang, Kyung-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.12
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    • pp.4795-4802
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    • 2010
  • In order to solve the traffic problem in jeju, we must reduce demand for car travel. In addition, demand for passenger travel by public transport policy is needed for conversion. And to improve the quality of public transport services are desperately needed. The purpose of this study, personal characteristics of the trip traveler and the relationship between transportation choice, and personal effectiveness as a factor in travel costs and travel time on the impact of transportation choices will investigate. Restructure its public transportation routes, when to switch to buses to car traffic on the data as a basis for the factors that may be. In addition to improving the quality of public transport services is expected to be able to contribute. To study the performance of the May 2010 survey was conducted. And multinominal logit model were conducted. According to the analysis, People who own homes and families with more than 5 people are likely to use cars. If a prolonged travel time is likely to use buses. However, increasing the cost of travel increases the likelihood that the car is available.

A Study on the Optimal City Park Planning by Using Social Welfare function (사회후생함수를 이용한 최적 도시공단 계획에 관한 연구)

  • 서주환
    • Journal of the Korean Institute of Landscape Architecture
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    • v.16 no.3
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    • pp.1-6
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    • 1989
  • The current linear programming model as for city park planning has the following intrinsic constraints. First of all, it cannot explicity consider choice behaviors of people. Secondly, the objective function of linear programming model cannot sufficiently intergrate satisfactions of people. In order to overcome these weak points of linear programming model, the following extensions have been made in this paper. First of all, bionominal and multinominal logit models based upon logit models, utility maximization of people have been constructed, Secondly, based upon logit models, social welfare function has been constructed in order to aggregate satisfactions of people. By doing this, intrinsic oonstraints of linear programming model have been successfully overcome. In the future research, empirical study of the model developed in this paper will be necessary. By doing this, the construction of optimal investment plan for city parks will be possible.

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Determinants on the Absence of After-school Care among Elementary Students (초등학생의 방과 후 돌봄공백 유무 및 일수의 결정요인)

  • Kim, Jikyung;Kim, Gyunhee
    • The Korean Journal of Community Living Science
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    • v.24 no.1
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    • pp.51-70
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    • 2013
  • The purpose of the study was to analyze the determinants on the absence of after-school care among elementary students. This study is based on the National Children and Youth Panel Survey(2010) data and analyzed through Binary Logit Model and Multinominal Logit Model. The Following results were obtained: First, school grades, the number of siblings, mother's education, family type by parental employment, family structure, family type by parental nativity, and family income, all affected the absence of after-school care. Second, the absence days of after-school care was affected by different factors. 1day-2days a week in absence of after-school was more likely to increase among children with more siblings and an older father. On the other hand, spending over 3-4days a week without after-school care was more likely to increase among mothers with lower education, dual-earner families, multicultural families, lower family incomes, small cities and rural areas. Based on the results of this study, we agree with the generalization and the diversification of after-school care policy for elementary school students.

Measuring the Scientific Benefits from the Deep-sea Human-operated Vehicle Project: A Choice Experiment Study (선택실험법을 이용한 심해 유인잠수정 개발사업의 과학기술적 경제적 편익추정)

  • Jin, Se-Jun;Lim, Seul-Ye;Park, Se-Hun;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.36 no.3
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    • pp.277-288
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    • 2014
  • The Korean government is considering the implementation of a project to develop a deep-sea human-operated vehicle (HOV) to improve the level of deep-sea research. Information on the scientific benefits from the project is urgently needed in order to come to a decision about whether to implement the project. This paper measures the conservation value of developing nine attributes associated with HOV by using the choice experiment (CE). A survey of about 356 experts was undertaken and 132 experts completely responded to the survey. To deal with the CE data from the survey, we employed a multinomial logit model. All the coefficient estimates are statistically significant and consistent with prior expectations. Therefore, we can judge that the respondents' works required in the CE survey were within their cognitive abilities and they reported responsible and significant values. Each marginal willingness to pay for each attribute associated with the HOV is statistically significant and provides good information on the scientific values with regard to developing the HOV. The results can be utilized in evaluating and planning several alternatives related to developing the HOV.

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
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    • v.32 no.4
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    • pp.183-192
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    • 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.

Market Segmentation by Preferable kind of Coffee Type (선호커피유형에 따른 세분시장의 특성)

  • Choi, Seong-Im;Yim, Eun-Soon;Moon, Hye-Sun
    • The Journal of the Korea Contents Association
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    • v.12 no.6
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    • pp.475-485
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    • 2012
  • The purpose of this research study was to identify the factors that influence comsumer who make decisions on preferred coffee types. Data was collected for a month from September $12^{th}$ to October $10^{th}$, 2010 from 807 participants who visited a cafe' in Seoul. The Limdep(LIMited DEPendent) 8.0 program was used in analyzing the determinants for preferred types of coffee using the multinomial logit model(MNL) approach. The results revealed that there were four taste preference groups being Espresso, Americano, Cafe' Late, and Cafe' Mocha ; as well as confirming that demographic characteristics influenced the coffee selection attributes, type of packaging, preferred coffee brand, and visit frequencies. This study found seven coffee selection attributes were significant factors in influencing patrons choices for purchasing speciality coffee being age range, profession, packing status, elation, superficial appearance, weight control, and habitual, respectively. The research reflects the coffee selection attributes by the customers' preference and concludes that it would be helpful to make marketing strategy for particular coffee brands.