The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Which dynamic pricing rule is most preferred by consumers?—Application of choice experiment
Attributes | Economic incentive | |||||
---|---|---|---|---|---|---|
TOU | CPP | RTP | ||||
Time-of-use rate | Critical peak price | Real-time price | ||||
Estimate | t value | Estimate | t value | Estimate | t value | |
Fee | −0.0000** | −2.54 | −0.0000*** | −4.70 | −0.0000*** | −3.23 |
Knowledge | 0.0008*** | 3.82 | 0.0012*** | 6.39 | −0.0009*** | −4.54 |
All | −0.0412*** | −17.01 | −0.0202*** | −8.63 | 0.0147*** | 5.70 |
Family | −0.0078*** | −6.42 | 0.0035*** | 3.20 | 0.0058*** | 4.93 |
Age | −0.0003*** | −4.12 | −0.0000 | −0.17 | 0.0004*** | 5.94 |
Gender | −0.0136*** | −7.33 | −0.0034* | −1.92 | 0.0005 | 0.29 |
Education | 0.0049*** | 9.16 | 0.0023*** | 4.62 | 0.0036*** | 6.74 |
Income | 0.0000 | 0.22 | −0.0000 | −0.70 | 0.0000163*** | 5.87 |
Risk | −0.0041*** | −2.75 | 0.0017 | 1.22 | 0.0092*** | 6.29 |
Tokyo | −0.0039** | −2.00 | 0.0000*** | 0.00 | 0.0015 | 0.78 |
Time | −0.0058*** | −2.95 | −0.0087*** | −4.69 | −0.0146*** | −7.44 |
Ownership | 0.0116*** | 5.63 | −0.0107*** | −5.57 | 0.0020 | 0.97 |
Three generations | −0.0064* | −1.66 | 0.0039 | 1.10 | −0.0273*** | −7.05 |
Single-life | −0.0092** | −2.55 | 0.0048 | 1.41 | 0.0040 | 1.11 |
Month | −0.0000*** | −6.56 | 0.0000*** | 6.55 | −0.0000*** | −5.46 |
First | 0.0000*** | 5.84 | −0.0000 | −1.50 | −0.0000* | −1.88 |