• Title/Summary/Keyword: Decision theory

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Analysis of factors affecting career preparation behavior - Based on the recognition of college students -

  • Lee, Sookja;Kweon, Seong-Ok
    • Journal of the Korea Society of Computer and Information
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    • v.22 no.9
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    • pp.125-132
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    • 2017
  • The purpose of this study was to examine the factors influencing career preparation behavior based on the perception of college students from the perspective of social cognitive career theory and to examine the effect of career barriers and career decision self - efficacy on career preparation behavior And career - decision self - efficacy. The results of the study are as follows. First, career barriers perceived by college students showed a significant positive correlation with career decision self - efficacy and career preparation behavior(-), and career decision efficacy showed a statistically significant correlation with career preparation behavior(+). Second, as a result of linear regression analysis to examine the effect of career barriers on career preparation behavior, lack of self - clarification, lack of job information, and lack of recognition of need were subordinate factors of career barriers. Third, as a result of linear regression analysis to examine the effect of career decision - making self - efficacy on career preparation behavior, goal setting and job information, which are sub - factors of career decision self - efficacy, were analyzed. Fourth, mediating effects of career decision self - efficacy on career barriers and career preparation behavior were analyzed by hierarchical regression analysis. The results of this study confirm that the level of career barrier, which is an important factor in career preparation behavior of college students, should be lowered and career decision self - efficacy should be increased.

What Influences Decision on Seasoned Equity Offerings of Listed Vietnamese Companies?

  • LE, Long Hau;NGUYEN, Thi Binh Nhi;PHAM, Xuan Quynh;VUONG, Quoc Duy;LE, Tan Nghiem
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.1-7
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    • 2020
  • This paper investigates the determinants on decision to conduct seasoned equity offerings (SEOs) of listed companies on the Ho Chi Minh Stock Exchange in Vietnam. Seasoned equity offerings (SEOs) are defined as the issue of more stocks by a firm to raise more capital after a primary issue. Using panel data collected from audited financial statements of 99 listed companies on the Ho Chi Minh Stock Exchange during 2014-2018, the study employs a logit regression model by fixed effects method to examine factors that affect the decision to implement seasoned equity offerings of those companies. The findings of this study show that profit, revenue growth and company's size have a positively significant impact on the decision, while dividend pay-out ratio negatively significantly influences the equity issuing decision. Furthermore, these results are robust after controlling for the forms of equity offerings, i.e. bonus stocks, stock dividends and rights to buy shares. These findings are consistent with economic theories such as agency theory, pecking order theory, and growth opportunity theory, and also could be explained by the real situations of the Vietnamese stock exchange. This study has important implications for corporate managers, policy makers and investors.

A New Decision Tree Algorithm Based on Rough Set and Entity Relationship (러프셋 이론과 개체 관계 비교를 통한 의사결정나무 구성)

  • Han, Sang-Wook;Kim, Jae-Yearn
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.2
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    • pp.183-190
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    • 2007
  • We present a new decision tree classification algorithm using rough set theory that can induce classification rules, the construction of which is based on core attributes and relationship between objects. Although decision trees have been widely used in machine learning and artificial intelligence, little research has focused on improving classification quality. We propose a new decision tree construction algorithm that can be simplified and provides an improved classification quality. We also compare the new algorithm with the ID3 algorithm in terms of the number of rules.

Safety-Economic Decision Making Model of Tropical Cyclone Avoidance Routing on Oceans

  • Liu, Da-Gang;Wang, De-Qiang;Wu, Zhao-Lin
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2006.10a
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    • pp.144-153
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    • 2006
  • In order to take TC forecasts from different observatories into consideration, and make quantitative assessment and analysis for avoiding TC routes from the view of safety and cost, a new safe-economic decision making method of TC avoidance routing on ocean was put forward. This model is based on combining forecast of TC trace based on neural networks, technical method to determine the future TC wind and wave fields, technical method of fuzzy information optimization, risk analysis theory, and meteorological-economic decision making theory. It has applied to the simulation of MV Tianlihai's shipping on ocean. The result shows that the model can select the optimum plan from 7 plans, the selected plan is in accordance with the one selected by experienced captains.

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Family Decision-Making Process of wedding Process (결혼 과정에 대한 의사결정 유형에 영향을 미치는 요인 탐색)

  • Jang, Ju-Young;Ok, Sun-Wha
    • Journal of the Korean Home Economics Association
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    • v.46 no.4
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    • pp.1-13
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    • 2008
  • The purpose of this study is to identify variables that influence the family decision-making process when planning a wedding. In this case the planning refers to: the procedure of the wedding: yedan, which means presents for parents and relatives: and yemul, which means wedding gifts. Decision-making was categorized into four types: decisions led by the bride and groom, decisions led by the groom's parents, decisions led by the bride's parents, and co-decisions by the two families. Resource theory was used as a conceptual framework. Data for this study were collected from 305 adults who got married after 1977 and lived in Seoul. Multinomial logistic regression models were used to analyze the data. Variables determining the decision-making of wedding procedure were the groom's age at marriage, the level of familism, and the major source for the wedding expenses. When it came to decisions on yedan, gender, the bride's year of education, and the major source for wedding expenses had significant influence on the decision-making. Variables that affected decision-making on yemul were the bride's year of education, and the major source for wedding expenses. This study suggested the power structure among bride, groom, and their parents through variables which exert influence on family decision-making.

DECISION SUPPORT SYSTEM FOR SUBURBAN STATION REHABILITATION

  • TaeHoon Hong;Sangyoub Lee
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.855-861
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    • 2005
  • Every public agency governing infrastructure has to plan effectively for rehabilitation of existing facilities within the constraints of the capital program. Numerous technical, social, political, financial, and management constraints govern the decision to rehabilitate a facility. However, without a systematic procedure for selecting facilities for rehabilitation, within the prevailing constraints, it is possible that the funds available for rehabilitation might be suboptimized. Therefore, a decision support system that assists the user in selecting facilities for rehabilitation while considering the technical, social, financial, and political and management constraints will be useful in the decision-making process. This paper compares the Analytical Hierarchy Process (AHP) with the Swing Weight method used to prioritize functional criteria for suburban station rehabilitation. This paper also contains a brief discussion about the relevance of the Multi Attribute utility theory in developing a decision model for the problem at hand. The results of this paper provides the user with a decision support system that would prioritize the stations in order of their weights obtained by a systematic evaluation of various criteria and sub-criteria involved in the decision making process

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Switching Function using Edge-Valued Decision Diagram

  • Park, Chun-Myoung
    • Journal of information and communication convergence engineering
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    • v.9 no.3
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    • pp.276-281
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    • 2011
  • This paper presents a method of constructing the switching function using edge-valued decision diagrams. The proposed method is as following. The edge-valued decision diagram is a new data structure type of decision diagram which is recently used in constructing the digital logic systems based on the graph theory. Next, we apply edge-valued decision diagram to function minimization of digital logic systems. The proposed method has the visible, schematic and regular properties.

A Multi-attribute Index for Assessing Environmental Impacts of Regional Development Projects: A Case Study of Korea (다속성 효용이론을 이용한 다속성 지수의 개발 - 지역개발에 대한 의사결정을 중심으로 -)

  • Kwak, Seung-Jun;Yoo, Seung-Hoon;Shin, Chul-Oh
    • Environmental and Resource Economics Review
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    • v.10 no.3
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    • pp.345-366
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    • 2001
  • Evaluating environmental impacts of regional development projects has critical importance in environmental management aspect. This paper uses multi-attribute utility theory as a basis for obtaining a value index to assess the environmental impacts and applies the theory to a specific Korean case study. To structure and quantify basic values for the assessment, we elicited important attributes, then refined and structured them into a hierarchy. An environmental multi-attribute index is constructed as a multi-attribute utility function, based on value judgments provided by a group of technical experts, policy makers, and a decision-maker at Korean Ministry of Environment. The implications of the results are also discussed. We found that the work and results can provide valuable insights for assessment of environmental consequences.

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Application of Fuzzy Group Decision Theory on Deciding Priorities of Transport Investments (퍼지집단의사결정이론을 적용한 교통사업투자우선순위의 결정방법)

  • 이종호
    • Journal of Korean Society of Transportation
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    • v.18 no.4
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    • pp.87-94
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    • 2000
  • 본 논문은 교통사업들의 투자우선순위 결정시 적용 가능한 방법을 제시한다. 지금의 평가방법을 부정하는 새로운 방법이라기보다는 기존의 평가방법을 보완하는 기법이다. 특히 특성이 다른 교통사업들간의 평가시 이들 특성들이 평가과정에 감안되지 않을 경우는 평가결과의 대외 설득력이 부족하게 된다. 이를 극복하기 위해 지금까지 각종 정량적 정성적 방법을 동원하였지만 그 범위와 방법에 한계가 존재하였다. 이를 보완하는 대안으로서 본 논문에서는 기존 평가과정에서 고려되기 어려운 사업의 여러 특성들을 전문가들의 경험과 판단을 통해 최대한 반영하는 방법을 제시한다. 이 기법의 기본 이론은 집단의사결정이론(group decision theory)이며, 여기에 퍼지이론이 접목된 퍼지집단 결정이론(fuzzy group decision theory)을 적용하였다. 이 이론은 개인의 대안별 선호(우선순위)로부터 집단의 선호관계(우선순위)를 도출할 수 있다. 또한 도출된 투자우선순위결과에 대한 집단의 동의수준(만족도)을 추정할 수 있다. 이러한 정보는 최종 정책결정자의 중요한 판단자료로서 사용되어 질 수 있다. 그 동안 교통사업의 투자우선순위결정과정의 객관성의 부족으로 사업간 우선순위결과에 대한 신뢰가 그리 높지 않았다. 본 논문에서 제시한 방법은 기존의 투자우선순위의 평가방법을 보완하여 대외적인 신뢰성을 제고할 수 있을 것으로 판단된다.

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