• Title/Summary/Keyword: Choice Theory

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CONTINUOUS ORDER REPRESENTABILITY PROPERTIES OF TOPOLOGICAL SPACES AND ALGEBRAIC STRUCTURES

  • Campion, Maria Jesus;Candeal, Juan Carlos;Indurain, Esteban;Mehta, Ghanshyam Bhagvandas
    • Journal of the Korean Mathematical Society
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    • v.49 no.3
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    • pp.449-473
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    • 2012
  • In the present paper, we study the relationship between continuous order-representability and the fulfillment of the usual covering properties on topological spaces. We also consider the case of some algebraic structures providing an application of our results to the social choice theory context.

교통망 평형리론을 응용한 결합 모형의 개발

  • 전경수
    • Journal of Korean Society of Transportation
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    • v.7 no.2
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    • pp.45-52
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    • 1989
  • The network equilibrium theory is to estimate the travel choices on a transportation network when the resulting travel times and costs are one basis for the choices. Increasing use of this principle on travel assignment problem lead to develop the combined choice models including not only travel options such as mode and route, but location options like trip distribution problems. This paper, first, reviews earlier developments of variable demand network equilibrium models, combined modeles of trip distribution and assignment, and entropy constrained combined models. Then various model structures of combining travel choice models based on network equilibrium theory and entropy constraints are discussed.

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Study on the Capital Structure Choice: Market Timing Hypothesis and Influence of Macro Economic Variables (자본조달 선택 요인에 관한 연구: 시장적시성과 거시 경제 변수의 영향에 대한 분석을 중심으로)

  • Kim, Chi-Soo;Kim, Jin-No
    • The Korean Journal of Financial Management
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    • v.25 no.2
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    • pp.33-68
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    • 2008
  • The purpose of this paper is to test the market timing hypothesis and impact of macro economic variables on capital structure choice as well as the traditional static trade-off and pecking order theories of capital structure in a integrated framework. Through a two stage test of target capital structure and capital structure choice, none of theories was consistently supported, but most of them were partly supported. In the first stage analysis of target ratio, coefficients of firm-specific variables generally supported the predictions of pecking order theory rather than those of the static trade-off theory. However, the result of the second stage test on capital structure choice supported the hypothesis of the static trade-off theory, which claims that firms usually set and pursue the target leverage ratio. Further, the result of the seconde stage shows that a simple pecking oder theory does not hold because firms with deficit of internal fund tend to issue bonds rather than stocks to raise outside fund. Also, the result indicates that the market timing hypothesis holds because firms with over-valued stocks tend to issue stocks rather than bonds. However, contrary to Korajczyk and Levy(2003), the impact of macro economic variables such as term or credit spreads on capital structure choice was negligible, and the impact of macro economic and market timing hypothesis variables were not greater in financially unconstrained firms as Korajczyk and Levy(2003) suggested.

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Kripke's Theory of Truth and the Liar Paradox

  • Kim, Doe-Sik
    • Korean Journal of Logic
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    • v.7 no.1
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    • pp.67-83
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    • 2004
  • The purpose of this paper is to defend Kripke's theory of truth from Simmons' objection. First after introducing various sorts of the liar paradox, briefly I explain Tarski's attempt to solve the puzzle. Then, I outline Kripke's solution by using the concept of 'fixed point'. Simmons offers an interesting objection against Kripke's solution. He uses a diagonal argument in his attack to Kripke's idea. I claim that Simmons seem to use 'exclusion negation' in refuting Kripke. I think, however, there is an alternative interpretation, which is 'choice negation'. With using choice negation, I maintain that Kripke's theory of ruth can be defended from Simmons' objection.

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Application and Evaluation of An Attitudinal Model for Travel Mode Choice Behavior Analysis (교통수단 선택행태 분석을 위한 태도모형의 적용 및 평가)

  • 신동호
    • Journal of Korean Society of Transportation
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    • v.11 no.2
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    • pp.5-26
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    • 1993
  • In order to analyze travel mode choice behavior, behavioral models including logit model, based on revealed preference theory, have been using easily measurable variables such as individual socioeconomic characteristics and physical attributes of travel modes. But some recent attitudinal models of travel choice behavior have implied that the negligence of individual psychological variables and individual choice constraints in travel mode choice might preclude better prediction of individual travel mode choice behavior. In this context, this study was attempted to reconstruct an attitudinal model(AM), especially focused on the decision rules in travel mode choice decision making process, consistent with the conceptual framework relating individual attitude and choice constraints to choice behavior. And to evaluate the strengths of the AM to other comparative models(logit, linear-additive, conjunctive, lexicographic model) in predicting travel mode choice bebavior, an empirical study of the mode choice in work-trip to CBD in Seoul was performed. According to the results the percent of correct prediction(PCP) derived from the AM was higher than those derived from comparative models by at least 7 to 20% in predicting travel mode choice. But each model produced a different prediction accuracy depending on market segmentation by travel modal users, individual socioeconomic characteristics, transportation system characteristics, and satisfaction levels. The finding that different groups divided by a certain criterion employ different decision rules supports the necessity of developing a choice model such as the AM combining compensatory and noncompensatory decision rules, and suggests that a proposed transportation system management plan or policy may have different effects on each group.

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A Study on the Relation between Adolescent's Emotional Problems, Smart phone Dependency and School Life Adjustment -from a perspective of choice theory- (청소년의 정서문제 및 휴대전화의존과 학교생활적응과의 관계연구 -선택이론의 관점에서-)

  • Park, In-A
    • Journal of the Korea Convergence Society
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    • v.7 no.5
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    • pp.263-268
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    • 2016
  • This study attempts to verify the relational structure of adolescent's emotional problems, smart phone dependency and school life adjustment from a perspective of Glasser (1998)'s choice theory. For this purpose, this study utilized the second year data from the Korean Children and Youth Panel Survey Data. From the results of the analysis, the most influential variable affecting adolescent's school life adjustment was found to be the sense of community, and adolescent's emotional problems were found to have a effect upon school life adjustment and smart phone dependency based on the choice theory. This study discussed issues of cultivating the sense of community to improve adolescent's school life adjustment, and developing counseling program and reinforcing the counseling personnel with improvement of contingent employment to alleviate smart phone dependency and emotional problems.

When Do Consumers Follow Majority Choice? - Different Effect of Purchase versus Usage Situation - (어떤 상황에서 소비자는 다수의 선택을 따를까? - 구매상황과 사용상황이 미치는 상이한 영향을 중심으로 -)

  • Kim, Moon Seop;Oh, Hyunmin;Kim, Jae Il
    • Asia Marketing Journal
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    • v.12 no.1
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    • pp.31-50
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    • 2010
  • People have competing desires. Hence, people not only chase others' choices due to the need for assimilation but also avoid others' choices due to the need for differentiation. This study attempts to uncover under which conditions consumers assimilate with or differentiate from others' choices. Specifically, the study extends previous research about the effect of others' choices by focusing on the effect of a choice situation (purchase vs. usage) based on the conformity theory and the uniqueness theory. It was found that purchase (vs. usage) situation makes people more conform to others in case of identity-irrelevant product (e.g., USB memory stick). Also, the effect of the choice situation was moderated by the perceived identity-relevance level in case of identity-relevant product (e.g., jeans).

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Design and Implementation of Travel Mode Choice Model Using the Bayesian Networks of Data Mining (데이터마이닝의 베이지안 망 기법을 이용한 교통수단선택 모형의 설계 및 구축)

  • Kim, Hyun-Gi;Kim, Kang-Soo;Lee, Sang-Min
    • Journal of Korean Society of Transportation
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    • v.22 no.2 s.73
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    • pp.77-86
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    • 2004
  • In this study, we applied the Bayesian Network for the case of the mode choice models using the Seoul metropolitan area's house trip survey Data. Sex and age were used lot the independent variables for the explanation or the mode choice, and the relationships between the mode choice and the travellers' social characteristics were identified by the Bayesian Network. Furthermore, trip and mode's characteristics such as time and fare were also used for independent variables and the mode choice models were developed. It was found that the Bayesian Network were useful tool to overcome the problems which were in the traditional mode choice models. In particular, the various transport policies could be evaluated in the very short time by the established relation-ships. It is expected that the Bayesian Network will be utilized as the important tools for the transport analysis.

A Study of Hospital Choice on the Basis of Consumption Values Theory (소비가치 이론에 의한 병원선택 요인 연구)

  • Lee, Sun-Hee
    • Journal of Preventive Medicine and Public Health
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    • v.30 no.2 s.57
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    • pp.413-427
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    • 1997
  • This research is based on the Consumption Values Theory proposed by Sheth(1991). The purpose of this research is finding the factors related to the process of hospital choice. The expectation of six hospital outpatients 600 was analyzed by six consumption values categories: functional value, social value, emotional value, rarity value, condition value, health related values. The main results of this research is as following; 1. In the result of factor analysis 22 consumption value factors which affect the hospital preference were extracted; kindness/clearness, service speed, comfort of space, technical competence in functional values, high income/active social life, low income/blue collar unmarried/man, middle aged/big family, woman/married, introvert in social values, high-class, comfort, reliability in emotional value, newness, classiness in rarity value, social relationship, close to residence, social reputation in conditional values, priority on health, health behavior, active sense of value on health in health related values. 2. The difference of consumption values among hospital types were analyzed. The critical factors in reference for corporate hospitals newly established were kindness/clearness, service speed, convenience, classiness, comfort, and newness. University hospitals were preferred by the factors of reliability, and social reputation. In general hospital, convenience and close to residence were critical factor. 3. In logistic regression, age, marital status, education level and income as socio-demographic variables were significantly related to general hospital choice. Also service speed and close to residence were positively and high income/active social life and high class value were negatively related to general hospital choice. On university hospital choice, age and marital status, education show posive relationship whereas income showing negative relationship. Kindness/clearness, service speed, comfort of space, unmarried/man, comfortable feeling, newness and close to residence showed negative relationship with university hospital selection whereas technical competence, reliability in emotional value, classiness in rarity value, social relationship in functional values showed positive relationship. Lastly kindness/clearness, comfort of space, high income/active social life, unmarried/man, high-class, comfort and newness were positively related to corporate hospitals newly established choice in contrast to negative relationship in reliability in emotional value and classiness. In summary, we found that hospital user also choose to hospital in base of various consumption value. Further studies to investigate the hospital consumer behavior will be needed.

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