• Journal of Families and Better Life
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• 제5권2호
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• pp.177-189
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• 1987

The Purpose of this study is to present basic data for the more reasonable and successful home management through understanding decision-making pattern that is the degree of their participation in the decision-making and their joint decision-making. Also, this study is the preliminary research for more scientific and wider studies on the Decision-Making and Marital Power Structure in Korea. This study make investigation into decision-making and marital power which is published on the Journal of Korean home Economics Association and the Journal of Korean Home Management Association and thesis for a degree form 1960's to 1987. As a result, the higher wife's age, education level are the more their participation, The increase of the wife's participation in the decision-Making can be regarded as the affirmative phenomenon in the decision-making can be regarded as the affirmative phenomenon that their status are raised in home management and joint decision are carried out. In 1970's, not only the generalization of the empirical studies have been increased but also the general theories(resource theory, exchange theory, system theory ) have been developed.

• Journal of Korea Game Society
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• 제14권4호
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• pp.37-44
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• 2014

In this paper, we propose a NPC decision making model based on Prospect Theory which tries to model real-life choice, rather than optimal decision. For this purpose, we analyse the problems of reference point setting, diminishing sensitivity and loss aversion which are known as limitations of the utility theory and then apply these characteristics into the decision making in game. Dynamic Terrain Analysis is utilized to evaluate the proposed model and experimental result shows the method have effects on inducing diverse personality and emergent behavior on NPC.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 한국항해항만학회 2023년도 춘계학술대회
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• pp.256-257
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• 2023

This paper aims to propose optimal method to assess and cumulate the daily profit for liner shipping to support the shipping lines in making optimal decision with the highest average daily profit. This paper not only explains the actual calculated results align with decision-makers' behavior from concepts indicated in cumulative prospect theory but also contributes to an easy-to-apply method for liner shipping network predictability in and provides optimal decision-making is helpful for shipping managers for the best effective selection of the most appropriate alternative under uncertainties.

• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.635-645
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• 2020

This research was conducted to achieve several objectives and focus research was based on financial behavior theory and prospect theory as grounded theory e.g., investigate the financial decision-making behavior between financial and real assets investment, and confirm the relationship existing between herding behavior and overconfidence factors to the level of loss and regret aversion, and financial literacy into real assets investment decisions. The study used 220 real estate auction respondents as investor samples at the State Assets and Auction Service Office Makassar, South Sulawesi, Indonesia. Data was collected through the use of a questionnaire consisting of 23 questions to measure the variables. Moreover, the research data passed through several feasibility tests like the inner and outer modeling by Partial Least Square - Structural equation model (PLS-SEM) while the hypotheses formulated were also tested to determine the magnitude of the variable relationship. Through the use of the direct and intervening test, loss and regret aversion variables have a positive and significant effect while financial literacy variables have no significant effect. There is a slight difference in the decision-making process for real assets and financial assets investors. Investment decision making behavior in the financial assets sector requires less complicated decisions compared to the decisions related to real assets investments.

• Journal of the Korean Home Economics Association
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• 제38권5호
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• pp.41-54
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• 2000

While equity theory started as a theory focusing upon the relationship between employee and employer, over the years the theory has been expanded to various other types of relationships including marital relationships. The present research among 251 housewives examines the perception of equity and the decision-making styles from the perspective of equity theory. The perception of equity was measured by the revised TUW scales and the Walster's global measure. Also, decision-making styles was assessed by means of the 'final-say' scale In line with the predictions, the results clearly showed that the perception of equity was a strong predictor variable to the joint decision-making.

• Journal of Korean Library and Information Science Society
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• 제13권
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• pp.131-166
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• 1986

This study is designed to review the methods of duplicate copies decision making in the academic library. In this thesis, I surveyed queueing & markov model, statistical model, and simulation model. The contents of the study can be summarized as follows: 1) Queueing and markov model is used for one of duplicate copies decision-making methods. This model was suggested by Leimkuler, Morse, and Chen, etc. Leimkuler proposed growth model, storage model, and availability model through using system analysis method. Queueing theory is a n.0, pplied to Leimkuler's availability model. Morse ad Chen a n.0, pplied queueing and markov model to their theory. They used queueing theory for measuring satisfaction level and Markov model for predicting user demand. 2) Another model of duplicate copies decision-making methods is statistical model. This model is suggested by Grant and Sohn, Jung Pyo. Grant suggested a model with a formula to satisfy the user demand more than 95%, Sohn, Jung Pyo suggested a model with two formulars: one for duplicate copies decision-making by using standard deviation and the other for duplicate copies predicting by using coefficient of variation. 3) Simulation model is used for one of duplicate copies decision-making methods. This model is suggested by Buckland and Arms. Buckland considered both loan period and duplicate copies simultaneously in his simulation model. Arms suggested computer-simulation model as one of duplicate copies decision-making methods. These methods can help improve the efficiency of collection development and solve some problems (space, staff, budget, etc, ) of Korean academic libraries today.

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 한국퍼지및지능시스템학회 1993년도 Fifth International Fuzzy Systems Association World Congress 93
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• pp.1058-1061
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• 1993

Fuzzy set theory has been extensively researched in various fields of engineering. In nuclear science, a significant influence of fuzzy sets can be noticed. However, applications of fuzzy set theory to nuclear engineering is novel. In this paper, we start with a basic statement of the decision-making process based on fuzzy set theory, and then apply it to nuclear science with some practical applications (a fuzzy decision making in an accidental release to the atmosphere as well as in a problem of land suitability classification). We believe that the use of fuzzy set theory in nuclear science has potential advantages.

• Journal of the Korean Home Economics Association
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• 제46권4호
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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.

• Journal of Electrical Engineering and Technology
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• 제9권3호
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• pp.803-811
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• 2014

The moment when Electrical Vehicle (EV) starts charging or discharging is one of the most important parameters in estimating the impact of EV load on the grid. In this paper, a decision-making problem of determining the start time of charging and discharging during allowed period is proposed and studied under the uncertainty of real-time price. Prospect theory is utilized in the decision-making problem of this paper for it describes a kind of decision making behaviors under uncertainty. The case study uses the parameters of Springo SGM7001EV and adopts the historical realtime locational marginal pricing (LMP) data of PJM market for scenario reduction. Prospect values are calculated for every possible start time in the allowed charging or discharging period. By comparing the calculated prospect values, the optimal decisions are obtained accordingly and the results are compared with those based on Expected Utility Theory. Results show that with different initial State-of-Charge ($SoC_0$) and different reference points, the optimal start time of charging can be the one between 12 a.m. to 3 a.m. and optimal discharging starts at 2 p.m. or 3p.m. Moreover, the decision results of Prospect Theory may differ from that of the Expected Utility Theory with the reference points changing.

• Management Science and Financial Engineering
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• 제13권2호
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• pp.1-27
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• 2007

This paper presents a fuzzy-goal programming(FGP) approach for Bi-Level Linear Multiple Objective Decision Making(BLL-MODM) problem in a large hierarchical decision making and planning organization. The proposed approach combines the attractive features of both fuzzy set theory and goal programming(GP) for MODM problem. The GP problem has been developed by fixing the weights and aspiration levels for generating pareto-optimal(satisfactory) solution at each level for BLL-MODM problem. The higher level decision maker(HLDM) provides the preferred values of decision vector under his control and bounds of his objective function to direct the lower level decision maker(LLDM) to search for his solution in the right direction. Illustrative numerical example is provided to demonstrate the proposed approach.