Effects of Rank-Ordered Feature Perceptions of Energy Sources on the Choice of the Most Acceptable Power Plant for a Neighborhood: An Investigation Using a South Korean Nationwide Sample
The present study incorporates a competitive context into an individual's response to the construction of a power plant in his/her neighborhood and the determinants of this response. The study adopts an individual's rank-ordered feature perceptions of competing energy sources to reflect the individual's comparative perceptions of the sources regarding the features, and it investigates the effects of these perceptions on his/her choice of the most acceptable power plant in the area where he/she lives. Our mixed conditional logit analysis of nationwide survey data from South Korea demonstrated the following: among the rank-ordered feature perceptions, the perceptions regarding safety and eco-friendliness significantly predict an individual's choice of the most acceptable power plant for his/her neighborhood, while those regarding affordability, contribution to economic development, and job creation do not. In addition, among those significant features, safety was found to be a stricter criterion than eco-friendliness. The selective significance of the feature perceptions and the differentiated criteria between the significant features provide practical implications for professionals in energy industries, as well as theoretical implications for researchers.
1.Korea Atom Energy Res Inst, Nucl Policy Res Ctr, 989-111 Daedeok Daero, Daejeon 34057, South Korea 2.Jimei Univ, Sch Business Adm, Dept Mkt, 185 Yinjiang Rd, Xiamen 361021, Peoples R China
Recommended Citation:
Roh, Seungkook,Lee, Jin Won,Li, Qingchang. Effects of Rank-Ordered Feature Perceptions of Energy Sources on the Choice of the Most Acceptable Power Plant for a Neighborhood: An Investigation Using a South Korean Nationwide Sample[J]. SUSTAINABILITY,2019-01-01,11(6)