• Title/Summary/Keyword: Price Raising

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Estimation of Gasoline Price Elasticities of Demand for Automobile Fuel Efficiency in Korea : A Hedonic Approach (휘발유 가격변화에 대한 자동차 연비의 수요탄력성 추정 - 대구시를 대상으로 헤도닉기법을 이용하여 -)

  • Lee, Sung Tae;Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.10 no.1
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    • pp.45-64
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    • 2001
  • This paper estimates the gasoline price elasticities of demand for automobile fuel efficiency in Korea to examine indirectly whether the government policy of raising fuel prices is effective in inducing less consumption of fuel, relying on a hedonic technique developed by Atkinson and Halvorsen (1984). One of the advantages of this technique is that the data for a single year, without involving variation in the price of gasoline, is sufficient in implementing this study. Moreover. this technique enables us to circumvent the multicollinearity problem, which had reduced reliability of the results in previous hedonic studies. The estimated elasticities of dam and for fuel efficiency with respect to the price of gasoline, on average, is 0.42.

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A Study on the Water Saving Effect in Case of Raising Water Rate Depends on Water Rate Awareness (수돗물 가격 인식에 따른 수도요금 인상 시 물 절약 효과)

  • Lim, Sang-Ho;Han, Moo-Young
    • Industry Promotion Research
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    • v.1 no.1
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    • pp.129-135
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    • 2016
  • This study verified the water saving effect in case of raising water rate depends on water rate awareness. The study results showed that the perceived appropriacy of government aid(p<.001), home water rate(p<.01), water rate pricing system, water rate, water rate diffrences depend on use and area(p<.05) significantly affected the degree of agreement of raising water rate. Also, education, residence, member of household, occipation, monthly household income, monthly water rate significantly affected the degree of agreement of raising water rate, consumer behavior for saving water. This study provided implication for water rate pricing policy by analyzing the water saving effect in case of raising water rate depends on water rate awareness and revealing the determinants of the degree of agreement of raising water rate.

The Study on Purchase Intention of Luxury Brand about Price Raising: Focus on Difference according to Consumer Characteristics of Consumption Value, Prior Knowledge, and Perceived Risk (명품브랜드의 가격인상시 구매의도에 관한 연구: 소비가치, 사전지식, 지각된 위험의 소비자특성별 차이를 중심으로)

  • Kim, Hwa Dong
    • Journal of Digital Convergence
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    • v.10 no.11
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    • pp.295-306
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    • 2012
  • This study analyzed empirically difference of purchase intention about price raising of luxury brand according to consumer characteristics such as consumption value, prior knowledge. and perceived risk. Fist, groups according to consumption value showed obvious differences. Group of pursuing uniqueness and ostentation value and group of pursuing quality and pleasure value showed positive purchase intention but group of pursuing social recognition value showed negative purchase intention. Second, groups according to perceived risk. didn't show difference and groups according to prior knowledge showed obvious difference. group of high prior knowledge showed positive purchase intention but group of low prior knowledge showed negative purchase intention. Third, analyzed result about interaction effect of consumer characteristics, Classified group of pursuing uniqueness and ostentation value, expressing high prior knowledge and Classified group of pursuing quality and pleasure value, expressing high perceived risk only showed positive purchase intention, The results of this study present implication to domestic companies aiming luxury brand that performing differently strategy of product and price according to target characteristics is more effective way in differentiating oneself from existing luxury brands and expanding market.

Development of an Analytic Hierarchy Process Model for the Bidder Selection of a Large Construction Project (대형공사의 최적입찰자 선정을 위한 계층분석과정(AHP) 모형의 개발)

  • 정병호;조권익
    • Korean Management Science Review
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    • v.16 no.1
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    • pp.75-85
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    • 1999
  • In recent, an unfaithful construction bring about many social problems. The bidding process considering bidding price firstly is one of the reasons raising an unfaithfull construction work. Thus, we should consider many other criteria including bidding price in the bidder selection process. This paper suggests an analytic hierarchy process(AHP) model for selecting the best bidder of a large construction project. A questionnaire was used to obtain domain experts' opinion about criteria to be considered in the bidding process. A hierarchical structure of the AHP model is formed using criteria obtained in the survey. The model consists of bidding price, construction capability, financial status, faith, and their 17 sub-attributes. The relative importance of bidders are judged by pairwise comparison or absolute measurement. An illustrative example is given to show the process selecting the best bidder using the suggested AHP model.

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An Empirical Investigation into the Factors Influencing Shopping Mall Selection Decisions in the Cyber Shopping Environment (사이버 쇼핑 환경에서 소비자의 쇼핑몰 선택에 영향을 미치는 요인에 관한 연구)

  • Kim, Jong-Uk
    • The Journal of Information Systems
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    • v.14 no.1
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    • pp.171-195
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    • 2005
  • The current study investigates major factors which influence the consumer's selection of internet shopping malls. Based on the technology acceptance model(TAM)(Davis, 1989) and trust theory(McKnight & Chervany, 2001), consumer selection factors from marketing research(Burke, 1997;Dodds et al, 2001), perceived usefulness, perceived ease of use, trust, service quality, and product price were hypothesized as to affect the consumer's decision to choose one's specific internet shopping malls. The study developed a research model to explain the shopping mall selection and collected the survey responses from 312 internet shopping mall users. The results of the current research indicate that all the research variables employed in the study, perceived usefulness, perceived ease of use, trust, service quality, and product price, are found to significantly influence the consumer's shopping mall selection decision. Among the influencing factors, price, service quality, and trust showed a greater effect on the shopping mall selection than usefulness and ease of use. This result implies that purchase-related variables such as price and service quality may be more critical to attracting customers and thereby raising the sales volume of the shopping mall, than the web site's usefulness and ease of use.

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Costs and Returns in Raising Male Calves from Smallholder Dairy Farms for Beef Production

  • Buaphun, S.;Skunmun, P.;Prasanpanich, S.;Buathong, N.;Chantalakhana, C.
    • Asian-Australasian Journal of Animal Sciences
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    • v.13 no.10
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    • pp.1461-1466
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    • 2000
  • The use of the dairy male calf for beef production has been found to be economically unprofitable during the past due to high cost of feeds and relatively low beef price. However, due to current shortage of domestic beef supply and rising beef price, this research aimed to assess feeding methods and costs and returns in raising dairy male calves for beef production under changing economic conditions. Two diets were compared: calves on an optimal feeding level were given milk replacer for 44 d and a concentrate (with ad lib. hay) to 150 kg bodyweight that contained 16% crude protein; those given a sub-optimal diet, more appropriate for smallholder farms, received milk replacer for 30 d and 14% CP concentrate. Twelve pairs of dairy male calves (average age 32 days) of Holstein-Friesian high grades were used, each pair having similar influencing factors such as weight, age, and genotype. Each animal was kept in a separate feeding stall until reaching the final weight of 150 kg. The results from this experiment showed that the differences of traits concerning growth performance and feed efficiency of the animals raised under the two feeding regimes were statistically nonsignificant. The optimal group was just slightly better, but the cost of production of the sub-optimal group was 24 percent lower (4,667 vs. 6,144 baht per animal) and the cost difference was highly significant. The results from this investigation showed that beef production from dairy male calves can be economically viable when sub-optimal feeding method is used and market beef price is at current level.

Cocoon Quality and Economical Advantages with the Various Cocoon Beds (섶종류별 견질 및 경제성에 관하여)

  • 박광준;이상풍
    • Journal of Sericultural and Entomological Science
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    • v.18 no.2
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    • pp.95-100
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    • 1976
  • Utilization of the various cocoon beds were evaluated by raising the silkworm variety "Seul-ak${\times}$Soyang"according to cocoon quality produced in spring of 1969: Rotary cocoon bed, improved cocoon bed, grima cocoon bed, wood framed straw rope cocoon bed, and pine cocoon bed. In addition the economical analysis was made on the basis of cocoon price in spring of 1976. 1. The Rotary cocoon bed has economically much advantages in many ways; easy cocoon collection and percentage of best cocoon, percentage of cocoon shell, reelability and percentage of raw silk. It may give 8100 won for an extra income per box and increase by raising higher yielding variety. 2. The grima cocoon bed is superior to the wood framed straw rope cocoon bed, and the pine cocoon bed and it is comparatively easy set-up even though it is inferior to the improved cocoon bed in many characters.

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The Relationship among Perceived Quality, Value, Satisfaction, and Loyalty - Focused on the Discount Retail Store - (지각된 품질, 가치, 만족 및 충성도의 관계 - 대형할인점을 중심으로-)

  • Oh, Jae-Sin;Chung, Ki-Han;Kim, Dae-Up
    • Journal of Industrial Convergence
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    • v.3 no.1
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    • pp.55-77
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    • 2005
  • Recently the environment which besieges distribution system is changing suddenly. With opening the distribution market together the advanced various nations new multinational discount stores are introduced and the competition from this market is growing in intensity. Like this change is raising the recognition of the enterprises against the strategy importance of the distribution channel. Consequently, from under competing which is deepened from the hazard where the discount point industry exists what, it will not be able to do the customer-oriented management which it sees. To lead a customer satisfaction finally and it is important to put out. As only low price standing sale it will not be able to create a competitive advantage and raising the quality also it is demanded with the diversification of product assortment together. It does a customer loyalty degree further firmly and compared to the long-range strategy is necessary.

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재해로 인한 농작물의 생산비 피해액 산정

  • Shim, Kee-Oh;Lee, Cheol-Kyu
    • Journal of the Korean Society of Hazard Mitigation
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    • v.2 no.4 s.7
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    • pp.77-85
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    • 2002
  • Korean government compensates 100% for natural disaster relief fund to public facilities, and provides 70 percents to crops through unit price calculation. This study estimated disaster damage according to the standard production cost of crops. Disaster damage was estimated according to the unit price of crops. Those crops are lettuce, pumpkin, red pepper, spinach, tomato and cucumber. As a result, the ratio of natural disaster relief fund to damage was revealed as $3.3%{\sim}13.8%$ with present method, 5.7%{$\sim}34.1%$ with suggested method. Suggested method is the first one considered damage ratio of crops, producer price and raising period.

Decentralized Supply Chain Coordination with Revenue Sharing Mechanism: Transfer Pricing Heuristics and Revenue Share Rates

  • Chen, Hung-Yi;Wu, Hsiao-Chung
    • Industrial Engineering and Management Systems
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    • v.8 no.4
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    • pp.213-220
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    • 2009
  • A revenue sharing contract is one of the mechanisms that coordinate decision makers in a decentralized supply chain toward the consensual goal. The transfer prices between different echelons in the supply chain influence the total supply chain profits. The study aims to explore various transfer pricing heuristics on the supply chain coordination in terms of the supply chain profits and their interactions with the revenue sharing rate. A model is proposed for formulating the collaborative production and distribution planning in a decentralized supply chain with the revenue sharing mechanism. Experiment results indicate that the transfer price and the revenue sharing rate affect significantly the coordination. Among the studied pricing heuristics, the variable-cost pricing method led to the best SC profits. Raising the revenue sharing rate reduced the SC profits no matter what heuristics were employed. Furthermore, the experiments provide us clues for finding the optimal transfer price for the supply chain.