The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 1 Estimation result of conditional logit
From: Which dynamic pricing rule is most preferred by consumers?—Application of choice experiment
Attributes | Definition | Coefficient | t value |
|---|---|---|---|
TOU | (If respondents choose TOU = 1, if respondents choose other pricing scheme = 0) | 0.350 | 14.180 |
CPP | (If respondents choose CPP = 1, if respondents choose other pricing scheme = 0) | 0.151 | 6.110 |
RTP | (If respondents choose RTP = 1, if respondents choose other pricing scheme = 0) | 0.308 | 12.720 |
DLC | (If respondents choose DLC = 1, if respondents choose other pricing scheme = 0) | 0.312 | 10.610 |
DLCCPP | (If respondents choose DLCCPP = 1, if respondents choose other pricing scheme = 0) | 0.207 | 7.050 |
Month | Willingness to pay for electricity fee per month of each option (Japanese yen) | −0.00012 | −93.060 |
First | Willingness to pay for first fixed fee in each option (Japanese yen) | −0.00006 | −33.400 |