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Consumers’ preferences for the attributes of post-PC: results of a contingent ranking study

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Author Info
Joo-Suk Lee
Seung-Hoon Yoo
Seung-Jun Kwak

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Abstract

With the explosive growth of the internet and the change in consumer demand, post-PC is emerging as a substitute for the existing desktop PC and laptop PC. post-PC is a new computer which is portable with wireless networking, cheaper than the existing PC and specializing in the specific functions that consumers want. Rudimentary post-PCs such as PDA, web-pad and smart-phone are already in use. In the future, owing to technological progress, the heterogeneity of related companies and the low entry barrier, various post-PCs will be developed. This paper attempts to analyse consumers’ willingness-to-pay (WTP) for post-PC with such attributes as portability, CPU speed, data input method (using key board or electric pen), monitor size, and price. To this end, a contingent ranking method is applied, which makes the respondents rank hypothetical post-PC alternatives featuring various combinations of attributes, via a survey data collected in Korea. Using the estimated WTP, the shape and the capacity of future post-PC are predicted and policy implications drawn for national- and company-level R&D strategies.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics.

Volume (Year): 38 (2006)
Issue (Month): 19 (October)
Pages: 2327-2334
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Handle: RePEc:taf:applec:v:38:y:2006:i:19:p:2327-2334

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  1. Carlsson, Fredrik & Johansson-Stenman, Olof, 2000. "Willingness to Pay for Improved Air Quality in Sweden," Applied Economics, Taylor and Francis Journals, vol. 32(6), pages 661-69, May. [Downloadable!] (restricted)
  2. Krinsky, Itzhak & Robb, A Leslie, 1986. "On Approximating the Statistical Properties of Elasticities," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 715-19, November. [Downloadable!] (restricted)
  3. Johannesson, Magnus & Johansson, Per-Olov, 1997. "The Value of Life Extension and the Marginal Rate of Time Preference: A Pilot Study," Applied Economics Letters, Taylor and Francis Journals, vol. 4(1), pages 53-55, January. [Downloadable!] (restricted)
  4. Nick Hanley & Robert Wright & Vic Adamowicz, 1998. "Using Choice Experiments to Value the Environment," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 413-428, April. [Downloadable!] (restricted)
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