• Title/Summary/Keyword: Behavioral Economics

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Behavioral Investor Types and Financial Market Players in Oman

  • SHA, Nadia;ISMAIL, Mohammed Yousoof
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.285-294
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    • 2021
  • The most basic forces of stock market are supply and demand, which increases or decreases on the basis of information. The crucial point is that investor's perception is depending on the availability of information at a particular time. But it is very difficult to understand what they take from a piece of information, and the decision varies from person to person; hence, it is important to understand the behavior of investors in the stock market. In this context, this study is focusing on behavioral investor-type diagnosis testing among financial market players (FMPs) in Oman. The study conducted a review of behavioral types among stock market investors, and attempted to assess the influence of age and gender factors on investor bias. It classifies investor type biases according to the gender and age of respondents. This study employs primary data with a structured questionnaire distributed to an equal number of male and female stock market investors in Muscat Securities Market. The study used sample t-test, one-way ANOVA, CATPCA and ALSCAL to identify the significant difference among age, gender and experience of the respondents. The present study found that all of the investors are influenced by different cognitive biases and, moreover, it depends on investor's gender.

Factors Influencing OTT Continued Use: Focusing on the Behavioral Economics Perspective (행동경제학 관점에서 본 온라인 동영상 서비스(OTT)의 지속적 이용에 영향을 미치는 요인에 관한 연구)

  • Yang, Ah-Jung;Yu, Sae-Kyung
    • The Journal of the Korea Contents Association
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    • v.22 no.8
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    • pp.159-169
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    • 2022
  • The study explored the key factors(content satisfaction factor, functional satisfaction factor, inertia factor and situational factor) that influence OTT users' continued use from the perspective of Behavioral Economics. In addition to rational factors that make OTT users feel satisfied after experiencing the contents and functions by the platform, we assumed that it would also affect habitual factors from the 'status quo bias'. To verify this, an online survey was conducted on 523 adults in 20s and 40s who have subscribed to the Top3 OTT platform(Netflix, Wavve, and Tving). As a result of regression analysis, 'content satisfaction factor', 'functional satisfaction factor' and 'inertia factor' were significant in OTT continued use. 'Inertia factor' did not affect domestic OTT users. Unlike previous studies that supposed OTT service users as beings with complete rationality, this study is meaningful to explain OTT continued use by applying 'bounded rationality'.

Key Determinants for Users Intention to Use Smarthome Devices in Vietnam

  • Nguyen, Thi-Hong-Linh;Duong, Minh-Hung;Nguyen, Hai-Dang;Vo, Dang-HongNgan;Vu, Duy-Phuong-Trinh;Le, Hoanh-Su
    • Journal of Multimedia Information System
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    • v.5 no.4
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    • pp.283-290
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    • 2018
  • Smarthome is one of the remarkable fields of the industrial revolution 4.0, which are popular in many countries such USA, EURO, Japan and Korea. However, how Vietnamese people are considering and having intension to use smarthome devices is still a question for marketers and researchers. This study develops a comprehensive research model that can explain potential customers' behavioral intentions to adopt and use Smarthome services in Viet Nam and figure which key factors affect the intention. This study proposes and validates a new theoretical model that extends the Unified Theory of Acceptance and Use of Technology 2 (UTAUT2). The model consists of eight factors that affect one element (Behavioral Intention), specifically: Habits, Perceived usefulness, Perceived ease of use, Trust, Innovativeness Personal, Perceived value, Hedonic motivations and Social influences. Data were collected from 304 Vietnamese citizens by sending the email to survey questionnaire, direct contact with the experienced smarthome users. Through regression analysis, data from samples were analysed with SPSS 20 software and verification of hypotheses, the results show the key determinants affecting the intention to use smarthome appliances in Vietnam: Perceived Value, Social Influence, Perceived Usefulness, Perceived Ease of Use and Trust. From this result, several recommendations have been suggested to to smarthome devices vendors and marketer to improve products as well as marketing approaches to meet customer needs.

Family Life Satisfaction and Home Management Behavior Patterns: For Urban housewives (도시주부의 가정관리행동유형과 가정생활만족)

  • 조미환
    • Journal of the Korean Home Economics Association
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    • v.29 no.2
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    • pp.169-184
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    • 1991
  • The purpose of this study is to analyze urban housewives' home management behavioral patterns focusing on the morphostatic and morphogenic in continuum, to estimate the level of their family life satisfaction and to determine the variables affecting family life satisfaction. The major findings of this study can be summarized as follows: 1. The tendency is that the wives have controlled in value orientation, and home management behavioral patterns are neutral, and they are somewhat satisfied in terms of family life satisfaction. 2. As for the causal variables, marriage duration, the number of children education, employment status of wives, and value orientation influence on home management behavioural patterns. 3. The variables which affect family life satisfaction significantly are number of children, wives' education level, family income, employment status of wives and value orientation. 4. In analyzing relation between wives' home management behavioual patterns and their family life satisfaction, those who prefer morphostatic patterns have higer level of life satisfaction. 5. From the path analysis, it was found that monthly family income, employment status of wives, wives' educationn level, and value orientation had positive effects on family life satisfaction, and home management behavioral patterns had negative effects on family life satisfaction.

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Children's Social Information Processing and Social Behavior in relation to Peer Status (또래지위에 따른 아동의 사회적 정보처리 능력과 사회적 행동 특성)

  • 임연진;이은해
    • Journal of the Korean Home Economics Association
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    • v.38 no.1
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    • pp.9-23
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    • 2000
  • This study was designed to test the differences in children's social information-processing patterns and bahavioral characteristics among four different groups of peer status, and to evaluate the predictability of peer status from social information-processing and social behavior. In addition, age and sex differences were assessed. The subjects were 80 boys and 80 girls identified as popular, average, neglected, and rejected by their peers in the first and the third grade. They responded to a sociometric test and three hypothetical social dilemmas, while behavioral characteristics were rated by their teachers. The data were analyzed by ANOVAs, and discriminant analyses. The results showed that children's social information-processing patterns were not significantly different by peer status except the number of interventions requested. Whereas children's behavioral characteristics were different by peer status in all of the four domains. Children's social information-processing patterns and behavioral characteristics were different in part by age and sex. The important predictors of peer status were hyperactive-distractive, anxious-withdrawn, sociable-prosocial behaviors, and the number of interventions requested.

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Determinants of Wearable Device Usage: Perspectives of Behavioral Economics (웨어러블 디바이스 사용 결정요인: 행동경제학을 중심으로)

  • Shin, Myung-Gon;Son, Dal-Ho
    • The Journal of Information Systems
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    • v.27 no.3
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    • pp.181-202
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    • 2018
  • Purpose Wearable device is considered as one of the methods powering the growth of the next generation. However, ICT's innovation resistance has been a contributing factor in slowing down this spread of wearable devices. Taking into consideration the lack of empirical research to this phenomenon, this study served to examine the effect of determinants of wearable devices to usage with the perspectives of behavioral economics. Design/methodology/approach: For research purposes, this study developed research hypotheses in order to empirically examine the factors that might have a significant effect on the usage of the wearable device. The empirical research was based on a survey which carried through 500 participants. Research results were evaluated via SPSS Statistics 21.0 and AMOS 19 statistical package program. Findings: Results showed that perceived costs and benefits had a significant effect on coupling. It means that perceived benefits lowering coupling and perceived costs increasing coupling. Perceived costs and benefits also had a significant effect on innovation resistance. Finally, perceived costs and benefits had a significant effect on the consumers' usage of wearable devices.

Predictors of Emotional and Behavioral Symptoms among 'Looked after Children' in England

  • Sohn, Byoung-Duk
    • International Journal of Human Ecology
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    • v.10 no.1
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    • pp.61-74
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    • 2009
  • This study identified the health, academic attainment, violence and abuse factors on predicting the conduct development and emotional symptoms in 'looked after children' placement. A sample of 1,543 children was interviewed regarding emotional and behavioral symptoms and risk factors. Logistic regression was used to assess whether selected variables predicted emotional and behavioral symptoms in 'looked after children'. All placement, health, academic, violence, and abuse factors differentiated behavioral and emotional symptom differences according to selected variables. Binary logistic regression indictors of conduct behavior symptom among 'looked after children', included gender, age, placement, health, violence, and abuse. Placement, health, reading ability, violence, and witnessing domestic violence further predicted emotional and behavioral symptoms. These findings highlight multidimensional approaches to address various vulnerability indicators that have a direct application to prevention and intervention efforts to designed for emotional and behavioral problems among children in public care.

Effects of Grandparenting and Emotional Attachments on the Emotional and Behavioral Disorder Symptoms of Grandchildren

  • Sohn, Byoung-Duk
    • International Journal of Human Ecology
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    • v.10 no.2
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    • pp.13-24
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    • 2009
  • The effects of grandparenting involvement and emotional attachments on emotional and behavioral development among adolescents were explored through the use of a UK cross-sectional national data of 1,566 adolescents aged eleven to sixteen years old receiving some form of grandparenting. A correlation and logistic regression analyses yielded results that supported the positive effects of grandparenting on the emotional and behavioral disorder symptoms of adolescents. The results indicate that most selected socio-demographic, grandparenting involvement, and the emotional attachment variables of grandchildren influenced the likelihood of increasing or decreasing emotional disorder symptoms among adolescents. However, no support was found for perceiving emotional attachments with grandparents as a predictor of behavioral disorder symptoms among youth, whereas socio-demographic and grandparenting involvement variables showed significant impacts on behavioral disorder symptoms. The findings highlight the importance of a systematic approach about the socio-demographic characteristics, levels of grandparenting, and emotional attachment levels with grandparents to understand youth cared for by grandparents that experience emotional and/or behavioral disorder symptoms, when intervention or prevention programs are considered.

An Essay on Human Resource Management and Personnel Economics - A Behavioral Scientist's Viewpoint - (인적자원관리와 인사경제학의 비교 - 행동과학자의 시각에서 -)

  • Baek, Gwang-Gi
    • Korean Business Review
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    • v.23 no.2
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    • pp.1-29
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    • 2010
  • Traditional human resource management explains human characteristics with motivation, attitude, perception, value, etc., based upon behavioral science approach. And system approach is adopted in analyzing the interaction between people and the environment. However, personnel economics excludes social and psychological variables in the human choice models, and assumes very unrealistic and simple rational decision making process. For environmental variables, personnel economists considers only income and price. Traditional human resource management research model successfully explains the phenomenon for each specific situation, but lacks universality. On the other hand, personnel economics model is strict and analytical, but tends to distort the understanding of the results because of the unrealistic assumptions. These two academic fields may get benefits by introducing the other's research methodologies, theories, and ideas.

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Effects of the Father's Experience from His Family-of-Origin, Marital Conflict, and Childrearing Behaviors on His Child's Behavioral Problems as a Function of the Child's Sex (아버지의 원가족 분화 경험, 부부갈등, 양육행동이 자녀의 행동문제에 미치는 영향의 모형 검증)

  • Chung, Moon-Ja;Chun, Yeun-Jin
    • Journal of the Korean Home Economics Association
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    • v.43 no.2
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    • pp.41-55
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    • 2005
  • The purpose of this study was to determine the effects of the father's experiences from his family-of-origin, marital conflict, and childrearing behaviors on his child's behavioral problems, as well as any differences due to the child's sex. The subjects were 837 days of 4th and 5th graders in six elementary schools and their fathers in Seoul and Pusan. The data were analyzed using the Structural Equation Modeling(SEM) to verify the theoretical models among the variables. The results showed that the pathways of the impact of the father's experiences from his family-of-origin differed, depending on the father-son group and the father-daughter group, upon the child's intermailizing and extenalizing behavioral problems through marital conflict and the father's childrearing behaviors. Firstly, in the father-son model, the father's experiences from his family-of-origin had an impact on the son's internalizing and extenalizing behavioral problems through marital conflict and the his negative childrearing behaviors. Secondly, the father-daughter model exhibited two pathways; the father's experiences from his family-of-origin had an impact on the child's internalizing and externalizing behavioral problems through his negative chilrearing behaviors, and the father's experiences from family-of-origin had an impact on the child's internalizing behavioral problems through marital conflict and his positive childrearing.