• Title/Summary/Keyword: Expectation hypothesis

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The Design of Integrated Model On Job Insecurity (고용불안정에 관한 통합모형의 개발)

  • Woo, Chang-Ryeol
    • Korean Business Review
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    • v.21 no.2
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    • pp.17-41
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    • 2008
  • Although job insecurity has attracted many scholars for long time, the research of job insecurity has not been accumulated because of nonexistence of and comprehensive and systematic model on job insecurity. This study, therefore, has provided integrated model of job insecurity and has also generated important propositions of job insecurity. This study aims to design the antecedents and consequences(outcomes) of job insecurity of employees. First, we have postulated important hypothesis based on the existing literatures. Second, we have tested hypothesis by the comprehensive review of existing local empirical studies. Third we have provided underlying logics of designing integrated model of job insecurity. And we have also generated Important propositions underlying the model focusing on job insecurity. We propose that employees' job insecurity increase with their expectation about further organizational change, role ambiguity. We also propose that employees' job insecurity raise their psychological strain while reducing their organizational commitment, job satisfaction and work effort. Theoretical implications are discussed, as are the implications of study and suggestions for future research.

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Study of combinations of site operating states for multi-unit PSA

  • Yoo, Heejong;Jin, Kyungho;Heo, Gyunyoung
    • Nuclear Engineering and Technology
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    • v.53 no.10
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    • pp.3247-3255
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    • 2021
  • As Probabilistic Safety Assessments (PSAs) are thoroughly conducted for the Site Operating States (SOSs) for a single unit, multi-unit Probabilistic Safety Assessments (MUPSAs) are ongoing worldwide to address new technical challenges or issues. In South Korea, the determination of the site operating states for a single site requires a logical approach with reasonable assumptions due to the fact that there are 4-8 operating units for each site. This paper suggests a simulation model that gives a reasonable expectation of the site operation states using the Monte-Carlo method as a stochastic approach and deterministic aspects such as operational policies. Statistical hypothesis tests were conducted so that the reliance of the simulation results can be guaranteed. In this study, 7 units of the Kori site were analysed as a case study. The result shows that the fraction of full power for all 7 units is nearly 0.45. For situations when more than two units are not in operation, the highest fraction combination was obtained for Plant Operation State (POS) 8, which is the stage of inspection and repairment. By entering various site operation scenarios, the simulation model can be used for the analysis of other site operation states.

The Effect of U.S. Protectionist Trade Policy on Foreign Ownership: A Study of Korea's Data Set

  • Jung, Hyun-Uk;Mun, Tae-Hyoung
    • Journal of Korea Trade
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    • v.23 no.7
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    • pp.83-95
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    • 2019
  • Purpose - This study analyzed the effect of the Trump Government's protectionist trade policies on foreign ownership. Specifically, this study empirically analyzes the hypothesis that foreign ownership will decrease after the Trump Government rather than before the Trump Government. Design/methodology - The hypothesis of this study is based on the expectation that US protection trade policy will negatively affect the profitability of Korean companies. The dependent variable in this study is the foreign ownership ratio, and the independent variable is a dummy variable representing before and after the Trump Government. Multiple regression analysis was performed, including the control variables suggested in previous studies related to foreign ownership. Findings - As a result, foreign ownership increased after the Trump Government rather than before the Trump Government. This study further analyzes whether the main variables affecting foreign investor's decision-making are differences before and after Trump Government. The export ratio, profitability and dividends did not differ before and after Trump Government. However, the level of information asymmetry decreased after the Trump Government than before the Trump Government. This suggests that US protection trade policies do not adversely affect the profitability of Korean companies. However, Korean firms are improving their information environment because US protectionist trade policies can lower profitability and negatively impact capital raising. In this regard, the foreign ownership ratio seems to differ before and after the Trump Government. Originality/value - This study contributes in that it presents data that US protectionist policies can affect Korean corporate governance. This study has implications from the short-term analysis of US protection trade policy.

The Effects of Psychological Contract Violation on OS User's Betrayal Behaviors: Window XP Technical Support Ending Case (심리적 계약 위반이 OS이용자의 배신 행동에 미치는 영향: 윈도우 XP 기술적 지원서비스 중단 사례)

  • Lee, Un-Kon
    • Asia pacific journal of information systems
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    • v.24 no.3
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    • pp.325-344
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    • 2014
  • Technical support of Window XP ended in March, 8, 2014, and it makes OS(Operating System) users fall in a state of confusion. Sudden decision making of OS upgrade and replacement is not a simple problem. Firms need to change the long term capacity plan in enterprise IS management, but they are pressed for time and cost to complete it. Individuals can not help selecting the second best plan, because the following OSs of Window XP are below expectations in performances, new PC sales as the opportunities of OS upgrade decrease, and the potential risk of OS technical support ending had not announced to OS users at the point of purchase. Microsoft as the OS vendors had not presented precaution or remedy for this confusion. Rather, Microsoft announced that the technical support of the other following OSs of Wndow XP such as Window 7 would ended in two years. This conflict between OS vendor and OS users could not happen in one time, but could recur in recent future. Although studies on the ways of OS user protection policy would be needed to escape from this conflict, few prior studies had conducted this issue. This study had challenge to cautiously investigate in such OS user's reactions as the confirmation with OS user's expectation in the point of purchase, three types of justice perception on the treatment of OS vendor, psychological contract violation, satisfaction and the other betrayal behavioral intention in the case of Window XP technical support ending. By adopting the justice perception on this research, and by empirically validating the impact on OS user's reactions, I could suggest the direction of establishing OS user protection policy of OS vendor. Based on the expectation-confirmation theory, the theory of justice, literatures about psychological contract violation, and studies about consumer betrayal behaviors in the perspective of Herzberg(1968)'s dual factor theory, I developed the research model and hypothesis. Expectation-confirmation theory explain that consumers had expectation on the performance of product in the point of sale, and they could satisfied with their purchase behaviors, when the expectation could have confirmed in the point of consumption. The theory of justice in social exchange argues that treatee could be willing to accept the treatment by treater when the three types of justice as distributive, procedural, and interactional justice could be established in treatment. Literatures about psychological contract violation in human behaviors explains that contracter in a side could have the implied contract (also called 'psychological contract') which the contracter in the other side would sincerely execute the contract, and that they are willing to do vengeance behaviors when their contract had unfairly been broken. When the psychological contract of consumers had been broken, consumers feel distrust with the vendors and are willing to decrease such beneficial attitude and behavior as satisfaction, loyalty and repurchase intention. At the same time, consumers feel betrayal and are willing to increase such retributive attitude and behavior as negative word-of-mouth, complain to the vendors, complain to the third parties for consumer protection. We conducted a scenario survey in order to validate our research model at March, 2013, when is the point of news released firstly and when is the point of one year before the acture Window XP technical support ending. We collected the valid data from 238 voluntary participants who are the OS users but had not yet exposed the news of Window OSs technical support ending schedule. The subject had been allocated into two groups and one of two groups had been exposed this news. The data had been analyzed by the MANOVA and PLS. MANOVA results indicate that the OSs technical support ending could significantly decrease all three types of justice perception. PLS results indicated that it could significantly increase psychological contract violation and that this increased psychological contract violation could significantly reduce the trust and increase the perceived betrayal. Then, it could significantly reduce satisfaction, loyalty, and repurchase intention, and it also could significantly increase negative word-of-month intention, complain to the vendor intention, and complain to the third party intention. All hypothesis had been significantly approved. Consequently, OS users feel that the OSs technical support ending is not natural value added service ending, but the violation of the core OS purchase contract, that it could be the posteriori prohibition of OS user's OS usage right, and that it could induce the psychological contract violation of OS users. This study would contributions to introduce the psychological contract violation of the OS users from the OSs technical support ending in IS field, to introduce three types of justice as the antecedents of psychological contract violation, and to empirically validate the impact of psychological contract violation both on the beneficial and retributive behavioral intentions of OS users. For practice, the results of this study could contribute to make more comprehensive OS user protection policy and consumer relationship management practices of OS vendor.

TWO APPROACHES FOR STOCHASTIC INTEREST RATE OPTION MODEL

  • Hyun, Jung-Soon;Kim, Young-Hee
    • Journal of the Korean Mathematical Society
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    • v.43 no.4
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    • pp.845-858
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    • 2006
  • We present two approaches of the stochastic interest rate European option pricing model. One is a bond numeraire approach which is applicable to a nonzero value asset. In this approach, we assume log-normality of returns of the asset normalized by a bond whose maturity is the same as the expiration date of an option instead that of an asset itself. Another one is the expectation hypothesis approach for value zero asset which has futures-style margining. Bond numeraire approach allows us to calculate volatilities implied in options even though stochastic interest rate is considered.

A Study on the Sustained Use of Mobile Payment Services: Comparison of Alipay and WeChatpay in China

  • Yu, Giseob;Qiqi, Qiqi;Cho, Namjae
    • Journal of Information Technology Applications and Management
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    • v.26 no.5
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    • pp.1-12
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    • 2019
  • This study conducted an empirical study on factors affecting the continuous use of mobile payment for users. Based on Technology Acceptance Model (TAM) and Extended Expectation-Confirmation Model of lS Continuance (ECM-ISC), we set up the model and hypothesis by adding habit and utilization range as independent variables. We received 426 valid questionnaires from users who have used continuously mobile payments such as Alipay and Wechatpay in China. The collected data was analyzed by SPSS for validity, reliability, factor analysis, T-test and regression analysis. The result shows that perceived usefulness, perceived risk, habits and utilization range have positive effects on users who use AliPay. Users who use Wechatpay have been affected by perceived usefulness, perceived use of ease, habit and application scope. However, the social influence does not affect both.

주택매매시장(住宅賣買市場)의 효율성(效率性) 분석(分析) - 서울 강남지역(江南地域) 공동주택매매시장(共同住宅賣買市場)을 중심으로 -

  • Kim, Gwan-Yeong
    • KDI Journal of Economic Policy
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    • v.10 no.3
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    • pp.51-63
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    • 1988
  • 본(本) 연구(硏究)의 목적은 주식시장이론(株式市場理論)에서 개발된 시장(市場)의 중강효율가설(中强效率假設)(semi-strong from of the efficient market hypothesis)을 적용, 서울 강남지역 137개 유형의 아파트에 대한 1983년부터 1988년까지의 분기별(分期別) 매매가격자료(賣買價格資料)를 사용하여 주택매매시장(住宅買賣市場)의 효율성(效率性)을 실증분석하고자 함에 있다. 본(本) 연구(硏究)의 실증분석결과에 의하면 주택투자자(住宅投資者)들이 정부정책의 변화나 아파트 가격에 영향을 주는 공공정보(公共情報)들을 빠른 시일내에 자본화(資本化)(capitalize)하지 못함으로써 주택매매시장(住宅賣買市場)은 재정이윤(裁定利潤)(arbitrage profit)이 상당기간 존재하는 비효율성(非效率性)을 갖고 있는 것으로 나타났다. 이는 주택이라는 재화(財貨)의 특수성에도 원인이 있지만 더 중요한 원인으로는 만성적인 주택수급(住宅需給) 불균형(不均衡)과 공공정보(公共情報)에 대한 투자자들의 이질적(異質的) 기대(期待)(heterogeneous expectation)를 들 수 있다.

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Effects of Cognitive level of HACCP on Customer Satisfaction factor for Bakeries (HACCP 인식수준이 베이커리의 고객만족 요인에 미치는 영향)

  • Eom, Gi-Su;Im, Chung-Muk
    • Proceedings of the Safety Management and Science Conference
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    • 2012.04a
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    • pp.23-35
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    • 2012
  • The purpose of this study is to present HACCP management method for improving customer satisfaction in bakery industry. As a study method, literature review on HACCP and customer satisfaction and developing questionnaires through model design were done. Then, a survey was done to 209 customers who had experiences of visiting small size bakeries in Seoul or the national capital region. It was then statistically analyzed and examined. In conclusion, even though the respondents showed positive expectation that the certification of HACCP will have an effect on the factors of customer satisfaction like brand image, quality of product and service, facility and physical environment and so on, but as we proved in the course of study model's hypothesis confirmation, actually, current promoting efforts and strategies of the government or related institutions to spread recognition of HACCP don't have an meaningful effect on the factors of customer satisfaction.

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Contrastive Topic In Vietnamese

  • Ba, Nguyen Hoai Thu;Lee, Chung-Min
    • Annual Conference on Human and Language Technology
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    • 2004.10d
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    • pp.323-328
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    • 2004
  • The main concern of the paper is to establish a hypothesis in which the form thi is treated as a particular Contrastive Topic marker in Vietnamese sentence structure. We have investigated that the form thican be placed after a topical nominal or verbal to compose a Contrastive Topic phrase. Not only the subjects or objects but predicates in Vietnamese can have a CT interpretation with the marker thi. The thi-phrase not only refers to an entity or event the speaker wants to talk about, but also indicates that there exist contrastive alternatives the speaker wants to talk about. The nature of the contrastive topic decides the nature the alternative set and the choice of the topic of the implicated proposition. When the set of alternatives does not have the characteristic of scale, we have a descriptive opposite implicature. Again, if the contrastive set is a scalar set, we gat a denial-of expectation implicature.

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A Study on Mediation Effect of Learning Expectancy in Social Presence and Educational Satisfaction of Online Entrepreneurship Education (온라인 창업 교육의 사회적 현존감과 교육 만족도 관계에서 학습 기대감의 매개효과 연구)

  • Hyun, Sun Hae;Seo, Moon Kyo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.12 no.5
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    • pp.79-87
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    • 2017
  • The previous studies of online entrepreneurship education were conducted only on the effect of education on actual entrepreneurship, but did not analyze the effectiveness of education. In this study, beyond of limits of previous studies, we investigated the effect of social presence on learning expectancy and educational satisfaction. In addition, we examined the influence of learning expectation on the relationship between social presence and educational satisfaction. For the research hypothesis test, we conducted a questionnaires survey on 189 graduate students who taken online courses related to entrepreneurship, hypothesis and questionnaires were made based on the research hypotheses precedent theories. And educational satisfaction was divided into operational satisfaction and content satisfaction. As a results of the analysis using the structural equation model, social presence has a positive effects on learning expectancy. Next, the learning expectancy has a positive effects on the operational satisfaction and the content satisfaction. Finally, when social presence affects operational satisfaction, learning expectation has a complete mediation effects and content satisfaction has a partial mediation effects. The implications of the results of this study were as follows. There was a need for a way to interacted with learners when conducted online entrepreneurial education. When increased the satisfaction level of the learning operation, it is necessary to reduced the burden of learners and raised the expectancy.

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