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Our results show that risk preference in particular affects the choice probability of each pricing rule.
Preference ranking of each pricing scheme for initial cost and monthly fee is exactly same.
Therefore, the relationship between the choice of each pricing rule and income level could be more complex.
In this study, we apply the multinomial logit model to confirm the effect of respondents' characteristics for choice probability of each pricing rule.
Therefore, we need to consider not only the direct effect of each pricing rule but also whether consumers want to support such a pricing rule.
The conditional logit model cannot include the effect characteristics of each respondent on the choice of probability of each pricing rule.
Similar(53)
Afterward, the hybrid fuzzy neural network-based forecast engine is used to predict the future values of each price component.
In severe instances the first digit of each price is intentionally deleted.
The MWTP for initial cost is calculated by the ratio of the coefficient of each price scheme to that of "First".
Two formulas are as follows: * A: Ratio of each price from per capita GDP in 2013: each cost divided by the per capita GDP in 2013.
A: Ratio of each price from per capita GDP in 2013: each cost divided by the per capita GDP in 2013.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com