Estimating the monetary value of willingness to pay for E-book reader's attributes using partially confounded factorial conjoint choice experiment.

Autor: Yong, Chin-Khian
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Zdroj: AIP Conference Proceedings; Sep2013, Vol. 1557 Issue 1, p495-499, 5p, 8 Charts, 5 Graphs
Abstrakt: A partially confounded factorial conjoint choice experiments design was used to examine the monetary value of the willingness to pay for E-book Reader's attributes. Conjoint analysis is an efficient, cost-effective, and most widely used quantitative method in marketing research to understand consumer preferences and value trade-off. Value can be interpreted by customer or consumer as the received of multiple benefits from a price that was paid. The monetary value of willingness to pay for battery life, internal memory, external memory, screen size, text to Speech, touch screen, and converting handwriting to digital text of E-book reader were estimated in this study. Due to the significant interaction effect of the attributes with the price, the monetary values for the seven attributes were found to be different at different values of odds of purchasing versus not purchasing. The significant interactions effects were one of the main contribution of the partially confounded factorial conjoint choice experiment. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index