• 제목/요약/키워드: Decision Making Group

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지수가중이동평균법과 결합된 마코위츠 포트폴리오 선정 모형 기반 투자 프레임워크 개발 : 글로벌 금융위기 상황 하 한국 주식시장을 중심으로 (Developing an Investment Framework based on Markowitz's Portfolio Selection Model Integrated with EWMA : Case Study in Korea under Global Financial Crisis)

  • 박경찬;정종빈;김성문
    • 한국경영과학회지
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    • 제38권2호
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    • pp.75-93
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    • 2013
  • In applying Markowitz's portfolio selection model to the stock market, we developed a comprehensive investment decision-making framework including key inputs for portfolio theory (i.e., individual stocks' expected rate of return and covariance) and minimum required expected return. For estimating the key inputs of our decision-making framework, we utilized an exponentially weighted moving average (EWMA) which places more emphasis on recent data than the conventional simple moving average (SMA). We empirically analyzed the investment results of the decision-making framework with the same 15 stocks in Samsung Group Funds found in the Korean stock market between 2007 and 2011. This five-year investment horizon is marked by global financial crises including the U.S. subprime mortgage crisis, the collapse of Lehman Brothers, and the European sovereign-debt crisis. We measure portfolio performance in terms of rate of return, standard deviation of returns, and Sharpe ratio. Results are compared with the following benchmarks : 1) KOSPI, 2) Samsung Group Funds, 3) Talmudic portfolio based on the na$\ddot{i}$ve 1/N rule, and 4) Markowitz's model with SMA. We performed sensitivity analyses on all the input parameters that are necessary for designing an investment decision-making framework : smoothing constant for EWMA, minimum required expected return for the portfolio, and portfolio rebalancing period. In conclusion, appropriate use of the comprehensive investment decision-making framework based on the Markowitz's model integrated with EWMA proves to achieve outstanding performance compared to the benchmarks.

과학과 관련된 사회.윤리적 문제에 대한 의사결정 시 수행하는 비형식적 추론 분석 (An Analysis of Informal Reasoning in the Context of Socioscientific Decision-Making)

  • 장해리;정영란
    • 한국과학교육학회지
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    • 제29권2호
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    • pp.253-266
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    • 2009
  • This study was focused on analyzing students' informal reasoning patterns and their considerations in decision-making on socioscientific issues. This study involved 20 undergraduate students (10 biology majors and 10 non-biology majors) and showed how the two groups responded on socioscientific issues. Semi-structured interviews were conducted twice respectively based on six scenarios of gene therapy and human cloning. The result showed 93% of the total number of participants' decisions were made by rationalistic reasoning, whereas emotional reasoning was 49%, and intuitive reasoning was 27%. Students usually used two or three informal reasoning patterns together. Most of the students took more consideration on social factors. Some perceived ethical and moral implications of the issues, but they did not consider them seriously. They made their decisions depending on their own values, etc. 65% of the participants got their information on socioscientific issues from the mass media. Biology majors hardly used intuitive reasoning compared to non-biology majors. The Biology major group took into deep considerations on socioscientific issues while the non-biology major group seemed to interpret the given scenarios simply. This implied that the content knowledge was a significant factor of their decision-making. Therefore, it is necessary to develop proper science courses for non-major students to improve their decision-making on socioscientific issues. So, when we develop educational materials or programs, we should consider students' reasoning patterns, their considerations in decision-making, and their content knowledge. And because the mass media has the potential to play a key role for an effective education, we need to make a plan to make a practical application.

노후준비를 위한 경제적 의사결정에 가족이 미치는 영향 - 수도권 고령자의 주택연금제도 이용의향을 중심으로 - (Influencing Family on an Economic Decision-Making for the Elderlyhood Preparation -Focused on Willingness to Consider Applying for Reverse Mortgage of the Older Living in Metropolitan Areas-)

  • 이선형;김영훈
    • 가족자원경영과 정책
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    • 제15권4호
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    • pp.169-188
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    • 2011
  • The primary focus of this study was on the issues associated with family and economic decision-making, in particular for the elderlyhood which might have to (or could be) share the family resources. This study regarded willingness to consider applying for Reverse Mortgage as an economic decision-making. The data was collected by interviewing 320 persons (over age 55) living in metropolitan areas in 2008. We selected 227 cases to find the influence of family, having both spouse and adult-children. We have used a theory of Planned Behavior by Fishbein to analysis three research questions. The results are as follows : first, the results partially explain willingness to consider applying for reverse mortgage using Fishbein's theory. Second, several results indicated that economic decision-makings within the family are influenced by several factors relating to other family member's view. They means that some of Subjective Norm variables, of Attitude Behavior ones, and of Perceived Behavior Control ones. Third, the result shows men and women respond differently to consider to applying for that policy. Men are conscious of the other people, i.e., friends, relatives except close family members, and, on the other hand, women are mindful of close family members, i.e., adult children. Forth, the group who have lower income showed higher intentions to consider that policy, when they have adult-children. Fifth, according to age group, pre-elderly group are influenced by consent of adult-children, a level of education, and on the other hand, elderly group are influenced by the other people, i.e., friends, relatives, a level of education, and so on. These results meaned that these distinct characteristics should be considered to establish Income Security policy for the pre-elderly and the elderly.

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Bizcool 창업교육과 연계한 진로탐색교육 효과분석 (Analysis of the Bizcool-Connected Career Exploration Education Effectiveness)

  • 정의정
    • 벤처창업연구
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    • 제9권3호
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    • pp.89-95
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    • 2014
  • 연구는 진로탐색 교육이 취업불안, 진로성숙도 그리고 진로의사결정에 미치는 영향을 분석하고자 실시하였다. 광주광역시에 소재한 B실업계고등학교에 재학 중인 비즈쿨 창업교육을 받는 학생 65명을 선정한 후 각각 실험집단 30명과 통제집단 35명으로 구분하였다. 매주 1회 총 9회기의 진로탐색 프로그램을 실시하였으며, 본 연구에서 나타난 주요 결과를 요약하여 제시하면 다음과 같다. 진로탐색 교육에 참여한 실험집단은 참여하지 않은 통제집단보다 취업불안이 감소되었고, 진로성숙도와 진로의사결정이 향상되었다.

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최소 거리척도를 이용한 대화형 다기준 그룹 의사결정 (An Interactive Multi-criteria Group Decision Making with the Minimum Distance Measure)

  • 조남웅;김재희;김승권
    • 대한산업공학회지
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    • 제32권1호
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    • pp.42-50
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    • 2006
  • The multi-criteria group decision making (MCGDM) problem is to determine the best compromise solution in a set of competing alternatives that are evaluated under conflicting criteria by decision maker (DM)s. In this paper, we propose a mixed-integer programming (MIP) model to solve MCGDM. The existing method based on minimizing a distance measure such as Median Approach can not guarantee the best compromise solution because the element of median point vector is defined with respect to each criteria separately. However, by considering all criteria simultaneously, we generate median point that is better for locating the best compromise solution. We also utilize the concept of spatial dispersion index (SDI) to produce a threshold value, which is used as a guideline to choose either the Utopian Approach or the Median Approach. And we suggest using CBITP (Convex hull of individual maxima Based Interactive Tchebycheff Procedure) to provide DMs with various Pareto-optimal solutions so that DMs have broad range of selection.

Fuzzy Group Decision Making for Multiple Decision Maker-Multiple Objective Programming Problems

  • Yano, Hitoshi
    • 한국지능시스템학회:학술대회논문집
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    • 한국퍼지및지능시스템학회 2003년도 ISIS 2003
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    • pp.380-383
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    • 2003
  • In this paper, we propose a fuzzy group decision making method for multiple decision maker-multiple objective programming problems to obtain the agreeable solution. In the proposed method, considering the vague nature of human subjective judgement it is assumed that each of multiple decision makers has a fuzzy goal for each of his/her own objective functions. After eliciting the membership functions from the decision makers for their fuzzy goals, total M-Pareto optimal solution concept is defined in membership spaces in order to deal with multiple decision maker-multiple objective programming problems. For generating a candidate of the agreeable solution which is total M-Pareto optimal, the extended weighted minimax problem is formulated and solved for some weighting vector which is specified by the decision makers in their subjective manner, Given the total M-Pareto optimal solution, each of the derision makers must either be satisfied with the current values of the membership functions, or update his/her weighting vector, However, in general, it seems to be very difficult to find the agreeable solution with which all of the decision makers are satisfied perfectly because of the conflicts between their membership functions. In the proposed method, each of the decision makers is requested to estimate the degree of satisfaction for the candidate of the agreeable solution. Using the estimated values or satisfaction of each of the decision makers, the core concept is desnfied, which is a set of undominated candidates. The interactive algorithm is developed to obtain the agreeable solution which satisfies core conditions.

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불명료한 선호정보 하의 다기준 그룹의사결정 : Linguistic Quantifier를 통한 퍼지논리 활용 (Multi-Criteria Group Decision Making under Imprecise Preference Judgments : Using Fuzzy Logic with Linguistic Quantifier)

  • 최덕현;안병석;김성희
    • 지능정보연구
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    • 제12권3호
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    • pp.15-32
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    • 2006
  • 본 논문에서는 각 대안의 속성 평가와 속성 자체의 중요도에 대한 평가에 있어 불명료한 선호정보 형태로 주어진 경우, linguistic quantifier를 통한 퍼지논리를 활용하여 그룹의사결정을 지원하는 방법을 제시하였다. 불명료한 선호정보는 의사결정 관련 문헌에서 의사결정자에게 요구되는 선호정보 명시의 부담을 줄여주고, 판단의 모호성을 받아들이고자 하는 시각으로서 다뤄져 왔다. 그러나 불명료한 유형의 선호정보를 허용할 경우 의사결정그룹이 원하는 대안의 명확한 선택이 보다 어려워진다. 따라서 추가적인 정보획득을 위한 의사결정자들과의 상호작용이 요구되지만, 이는 불명료한 선호정보를 허용하였던 초기의 취지를 반감시킬 뿐더러, 반드시 최적의 대안을 보장하는 것도 아니다. 이러한 상황을 타계하기 위하여, fuzzy majority의 의미를 반영하고 있는 linguistic quantifier를 활용함으로써 satisfying solution을 구하는 절차를 제시하였다. 이는 mathematical programming을 활용한 의사결정 기법과 다수의 객체를 집성하기 위한 개략적 해법을 결합한 접근방식이다.

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선호강도를 고려한 그룹의사결정지원 앨고리듬 (An Interactive Group Decision Support Procedure Considering Preference Strength)

  • 한창희
    • 한국경영과학회지
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    • 제27권4호
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    • pp.111-126
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    • 2002
  • This paper presents an interactive decision procedure to aggregate each group member's preferences when each group member articulates his or her preference information incompletely. An index, an indicative for the preference strength between alternatives, is derived to aid each decision maker to articulate preference information about alternatives. We develop a mathematical programming model that can establish dominance relations when the preference information about values of alternatives, attribute weights, and group member's importance weights are provided incompletely. Also, the preference relation between alternatives is to be considered in the model. Based on the preference strength measure and mathematical model, we develop an interactive group decision support procedure.

고등학교 기술·가정과 '기술 혁신과 발명' 단원에서 의사결정능력 향상을 위한 수업 모형 개발 (An Instructional Model for the Improvement of Decision Making Skills in the 'Technological Innovation and Invention' Unit of Technology·Home Economics Curriculum)

  • 서정완;이용진
    • 대한공업교육학회지
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    • 제41권1호
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    • pp.108-127
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    • 2016
  • 이 연구의 목적은 기술교과에서 의사결정능력 향상을 위해 적용할 수 있는 의사결정능력 수업 모형을 개발하는데 있다. 연구의 목적을 달성하기 위해 기술교과에서의 의사결정능력 하위요소 추출, 환경 요소 분석, 의사결정 검사도구 개발, 의사결정능력 향상을 위한 수업 모형 개발, 수업 도구 선정, 의사결정능력 향상을 위한 수업 과제 개발의 6단계로 연구를 진행하였다. 연구결과로 첫째, 기술교과에서의 의사결정능력 하위요소로 문제인식, 문제규정, 대안생성, 대안평가, 최적안 선택, 최적안 평가를 도출하였다. 둘째, 의사결정능력을 측정하기 위해 도출된 기술교과에서의 의사결정능력 하위요소를 기준으로 검사지를 개발하였다. 셋째, 기술교과에서의 의사결정능력 향상을 위해 의사결정능력 하위요소를 준거로 여러 의사결정 수업 모형을 비교 분석하여 수업 모형을 개발하였다. 넷째, 개발된 의사결정능력 향상 수업 모형을 기준으로 디자인 사고를 적용하여 의사결정능력의 하위요소를 체험할 수 있도록 의사결정 능력 향상을 위한 수업 과제를 개발하였다. 다섯째, 개발된 수업 과제를 본 수업과 이후 수정 보완을 거친 수업에 투입하였고, 사전, 사후 검사를 통하여 의사결정능력 향상을 검증하였다. 이를 통해 개발된 모형은 기술교과에서 의사결정능력이 향상될 수 있는 수업에 도움이 될 것이라 기대한다.

간호사의 윤리적 의사결정을 위한 간호윤리교육 효과의 지속성에 관한 연구 (A study on the persistence of nursing ethics education for nurses' ethical decision making)

  • 김용순;박지원;방경숙
    • 간호행정학회지
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    • 제7권2호
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    • pp.253-263
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    • 2001
  • Purpose : To determine the change of effects of nursing ethics education on the nurses' ethical decision making with the time relapse of one month, three months and six months. Method : Thirteen participated in free discussion group, and fourteen participated in expert-guided discussion group for five weeks. Two weeks before the education, DIT and JAND were assessed, and JAND was assessed again on month, three months and six months after the five weeks' education program. Results : 1) Average realistic scores of JAND did not showed significant differences as times went by. However, scores were highest at three months after the education in general. 2) In both of free discussion and expert-guided discussion group, JAND score increased after the education, and highest at three months in general. 3) Low level moral development group showed highest scores at one month after the education, and declined at three month. However, in middle and high level of moral development groups, scores were higher at three months than at one month after the education. Scores were declined again at six months after the education. Conclusion : Effects of moral education program were highest at three months after the education, and were lessened as times went by. Especially for the low moral development group, effect was not continued more than one month. Therefore, more persistent, periodic education program was required until the ability of ethical decision making is settled down.

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