• Journal of the Korea Institute of Building Construction
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• v.14 no.6
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• pp.591-596
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• 2014

This study investigates the perception of the sunken costs of an urban development project, which is currently a social problem through a questionnaire survey. The results indicate that local and federal governments, political authorities, association members, landowners, etc. partially recognize their responsibility in bearing the sunken cost. It is also found that all stakeholders who participated in the maintenance project felt shared responsibility of bearing the sunken costs and exchanging solutions to mitigate the same, rather than making one party deal with the same. This study also suggests that with regard to reducing these sunken costs, the public sector should offer indirect support (by bearing the cost of infrastructure, tax benefits, regulation relaxation, etc.) rather than direct support so that the association members can make a reasonable choice on the project execution.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.36 no.10B
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• pp.1192-1199
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• 2011

The purpose of this paper is to test empirically whether the sunk cost fallacy occurres or not under the two-part tarriff and to give the desirable rate-making for minimizing sunk cost fallacy. According to the results of analysis highly paid monthly fee makes more traffics over the level of optimal consumption because of sunk cost fallacy. Therefore monthly fee reduction will cause the optimal consumption that is near the solution of their own utility function.

• Journal of Navigation and Port Research
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• v.44 no.4
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• pp.326-337
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• 2020

Shipping companies have suffered additional losses because of irrational shipping finance decisions. This paper analyses the cases according to the behavioral finance theories. The theories of behavioral finance used in the analysis and research of this paper are the anchoring effect and sunk cost effect. The backgrounds and reasons for the decisions regarding ship financing are analysed based on the questionnaire responses and case studies. As a result of the analysis, it is found that the behavioral finance theories, anchoring effect, and sunk cost effect, have effects on the ship financing decisions, that errors related to behavioral finance can result in irrational decisions, and that shipping companies suffered additional losses because of the behavioral finance errors.

• Journal of Digital Convergence
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• v.19 no.3
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• pp.65-79
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• 2021

The purpose of this study was to research how emotional factors affect decision-making on the maintenance and abandonment of a patent, and to present new criteria for patent policies. The types of Korean patent abandonment were analyzed according to the patent holding period, and a questionnaire survey was carried out to verify whether there are differences among patentees in terms of sunk cost bias, endowment effect, and coupling or not. Individuals and small and medium-sized enterprises showed relatively greater emotional bias toward sunk cost and endowment effect than large companies, and the sunk cost effect decreased as decision-making experience increased. In addition, the reduction in the payment cycle of the patent renewal fee has a positive effect on the increase in the willingness to use the patent right, and the individuals and small and medium-sized enterprises has a greater synergistic effect than the case of large companies, in particular. This study are expected to play a part in establishing policies to minimize wasteful factors of patent assets based on the propensity of the patentees.

• Journal of Korean Society for Geospatial Information Science
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• v.11 no.4 s.27
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• pp.29-34
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• 2003

The purpose of this study is to present the price computation criteria with the aspect of price policy for the geographical information circulation. The price policy is to make activated circulation for geographical information. The price policy of this research considered the supplier and the user side at the same time. Important issue of price policy is that initial cost for system development calculate burying cost, and preservation and renewal cost charge to user. Distribution cost of geographical information charge to user according to use media, and apply differential rates of cost according to the purpose of using, up-to-dateness of data. Also, present the price policy that must apply copyright fee to of offer geographical information. Consider various terms that was studied in this study, the price computation criteria was presented. Through this, it is expected that geographical information circulation is activated more.

• Proceedings of the Korea Water Resources Association Conference
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• 2012.05a
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• pp.406-406
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• 2012

지구 온난화는 현재 진행형인 명확한 현상으로 이에 따른 이상기후는 곳곳에 기상재해의 원인으로 작용하고 있다. 농업은 광범위한 면적을 통하여 이루어짐으로써 극한기상에 취약한 분야 중의 하나이다. 본 연구에서는 우리나라의 최근 십여년 동안 발생한 농업 기상재해 자료를 분석하여 기상재해의 지역적 분포 및 그 특성을 분석하는데 목적이 있다. 농업 기상재해는 면적과 비용측면으로 구분하여 농경지, 농업시설(온실, 축사 등), 어촌 세 개 범주로 구분하여 폭우, 태풍, 폭설에 대한 피해를 분석하였다. 주요 피해 유형으로는 범람, 유실/매몰, 시설피해로 구분하였으며, GIS 기법을 적용하여 각 피해유형에 대한 주제도를 작성하였다. 각 주제도를 중첩하고 지역 특성과 연계하여 농업기상재해의 공간 특성을 분석하였다. 전반적으로 서해와 남해를 통해 범람 피해가 크게 나타났고, 내륙의 산간지역에서 유실과 매몰에 의한 피해가 크게 나타났다. 비용 측면에서 온실이나 축사 등 시설 피해가 지배적인 요인으로 분석되었다. 본 연구 결과에서 분석된 지역에 따른 기상피해 취약성 자료는 농업 기상재해 예방 계획 수립에 활용될 수 있을 것으로 기대된다.

• KIEAE Journal
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• v.17 no.2
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• pp.35-43
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• 2017

Purpose: The purpose of this study is to find out the characteristics of service (landfill) costs (hereinafter, the "landfill costs") applied to the dissolution promotion committee and analyze the characteristics of landfill costs at the time where the dissolution of promotion body is increasing with the authority of the head of local government regarding the territory difficult with the continuous promotion by delaying or suspending the project for a prolonged period or suspending the project through the dissolution of the project body by the promotion committee and cooperative union since the flawless promotion of the maintenance project. Method: After revising the law in February 2012, the survey and analysis is made for the status of applying landfill costs and maintenance project scale of the dissolution promotion committee not confirmed in details around a total of 20 regions, including, 9 regions of redevelopment projects completed with the advance review, 7 regions of re-construction projects and 4 regions of urban environment maintenance projects from the total of 59 regions, Result: The influence on the landfill costs is shown to be greatest in the service expenses and management and supervision on this field has significance for the maintenance project perceived as private project, rather than public project, that the public management is neglected with insufficient presentation of operation criteria and so forth that it displays the tendency to lead to the discrete operation of the project body. In order to enhance the transparency of operating costs for the projects that are led by private capital, it is required to strengthen the role of public sector through enthusiastic intervention by the public sector in standardization of operation criteria, presentation of guideline and so forth.

• Journal of Korean Society of Transportation
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• v.32 no.4
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• pp.389-400
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• 2014

This study finds a way to increase the usability of a subway commuter pass. Usability of the commuter pass on a probabilistic statistical model is calculated when the pass is allowed to used in a different mode(bus). A sunk cost of commuter pass is used to reduce the vehicle travels from public transit. 324 people aged 25 to 35 were surveyed and utilized to build a Nested Logit Model on STRADA 3.5 platform. Main results are as follows. First, commuter passes were issued in various forms. Second, the model turns out to be statistically significant in four explanatory variables (discount rate, inter-usablity between modes, forms of payment and periods). Lastly, the more valid on different modes, the more increased of the rail commuter pass.

• Proceedings of the Korea Water Resources Association Conference
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• 2019.05a
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• pp.225-225
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• 2019

건물, 차량, 사회인프라시설과 달리 농작물이란 물리적인 시설이 아닌 농업경제 활동의 결과물로서 최종적으로 판매를 통해 수익을 창출하는 행위에서 재난으로 인하여 지장을 받게 되는 경제적 피해가 고려되어야 한다. 이를 위해 본 연구는 홍수로 인한 농작물 피해를 "생산비 매몰비용"과 "순수익 손해"를 농작물 피해추정의 척도로 하였다. 생산비 매몰비용이란 경작시작부터 피해발생까지 투입된 생산비의 회수불가에 따른 피해이며, 순수익 손해란 피해발생에 따른 기대 순수익 하락에 따른 피해를 의미한다. 다양한 작물 가운데 10종의 대표작물을 선택하고, 각 작물의 표준생산비와 표준순수익을 농업생산 및 수익과 관련한 통계자료로부터 결정하였다. 이로부터 생육경과율과 홍수 발생시기(6~9월)를 고려하여 월별 투입생산비 및 기대순수익을 결정하였다. 대상지역 내 재난에 노출된 작물정보를 정의하는 농작물 인벤토리는 농림축산식품부에서 제작된 스마트 팜 맵(농경지 전자지도)을 활용하였고, 다양한 작물이 혼재된 밭의 경우 농업면적조사 결과를 토대로 결정한 밭작물 재배현황비를 고려하였다. 홍수에 따른 취약성을 설명하는 농작물 손상함수는 영향인자는 침수심, 침수기간이며, 이를 기준으로 한 손상함수는 농림부의 농업재해피해조사요령과 일본 치수경제조사메뉴얼을 참고하여 제시하였다. 본 연구에서 제시한 농작물 피해 추정 방법은 기존 방법인 다차원 홍수피해산정법(MD-FDA)과 비교할 때 대표작물의 현실화, 국내 실정을 고려한 손상함수, 그리고 면적 기반의 원단위를 사용함으로써 실무적으로 명확하고 실용적으로 사용될 것으로 기대된다.

• Journal of Advanced Navigation Technology
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• v.16 no.6
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• pp.1065-1079
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• 2012

This research is done with the objectives to examine and to identify how the main factors of airline services, which become fundamentals for airline customers to select their favorite one, affect their customer satisfaction and their customer preference, with a focus on adjustable influence of converting cost. The survey has been conducted with the population of the airline customers who use international airlines through Incheon International Airport and processed with the objectives to verify the influence of the main factors of airline services to customer satisfaction and customer preference and also to collect the verified data for adjustable influence of converting cost between customer satisfaction and customer preference, and its results are as follows: Firstly, airline services have significant impact on their customer satisfaction. Secondly, they also have significant impact on their customer preference, Thirdly, the converting cost between both of customer satisfaction and customer preference to airline services doesn't involve the adjustable function in consecutive cost nor in learning cost but it does involve the one in sunk cost.