The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 List of variables
From: Which dynamic pricing rule is most preferred by consumers?—Application of choice experiment
Variables | Definitions | Contents |
|---|---|---|
Fee | The average electricity rate of spring, summer, fall and winter (The electricity rate is what respondents are paying) | Numerical value |
Knowledge | Respondents’ degree of knowledge about energy-saving behavior (i.e., what respondents suppose is a good way to save energy use). Variables show the number of such questioner choices. Total numbers of such questions are 14 | 1. Turning off the air conditioner 2. Setting the temperature of the air conditioner to 28 °C 3. Cleaning the air conditioner’s filter frequently 4. Turning off the TV frequently when you are not watching it 5. Putting the refrigerator in an appropriate place 6. Setting the refrigerator’s temperature properly 7. Organizing the contents of the refrigerator 8. Setting the temperature of the air conditioner to 20° in the winter 9. Lowering the temperature setting of the water heater 10. Turning on the heater only when necessary 11. Unplugging electrical products when not in use 12. Not leaving the shower running 13. Setting the temperature of electrical carpet properly 14. Not reheating a bath |
All | Whether respondents live in an all-electric home | Respondents live in an all-electric home = 1 Other = 0 |
Family | The number of households of respondents | Numerical value |
Job | Whether the respondent has a job in an electric power industry | Yes = 1 No = 0 |
Age | Age of respondent | Numerical value |
Gender | Gender of respondent | Male = 1 Female = 0 |
Education | Academic record | Respondents graduated from Primary school = 0 Junior high school = 1 High school = 2 National College of Technology = 3 Vocational school = 4 Junior college = 5 University = 6 Master’s degree program = 7 Doctoral degree program = 8 |
Income | Annual income of respondents | Numerical value |
Risk | The risk-level preference of respondents | Numerical value |
Tokyo | Whether the respondents live in the Tokyo metropolitan area | Respondents lived in the Tokyo metropolitan area = 1 Other = 0 |
Time | Whether respondents stay at home almost all day | Respondents stay at home almost all day = 1 Other = 0 |
Ownership | Whether respondents live a self-owned home | Respondents live in self-owned home = 1 Other = 0 |
Rent | Whether respondents live in a rented house | Respondents live in rented house = 1 Other = 0 |
Apart | Whether respondents live in an apartment | Respondents live in an apartment = 1 Other = 0 |
Couple | Whether households of respondents are composed of only a married couple | Households of respondents are composed only of a married couple = 1 Other = 0 |
Couple child | Whether households of respondents are composed of a married couple and a child | Households of respondents are composed of a married couple and a child = 1 Other = 0 |
Three generations | Whether households of respondents are composed of three generations | Households of respondents are composed of three generations = 1 Other = 0 |
Single-life | Whether respondents live alone | Respondents live alone = 1 Other = 0 |
Month | Electricity rate per month | Numerical value |
First | Initial cost to introduce the tool for dynamic pricing | Numerical value |
Constant | Constant term | Numerical value |