• Title/Summary/Keyword: LOGIT METHOD

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Estimating Real-time Inundation Vulnerability Index at Point-unit Farmland Scale using Fuzzy set (Fuzzy set을 이용한 실시간 지점단위 농경지 침수위험 지수 산정)

  • Eun, Sangkyu;Kim, Taegon;Lee, Jimin;Jang, Min-Won;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.20 no.2
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    • pp.1-10
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    • 2014
  • Smartphones change the picture of data and information sharing and make it possible to share various real-time flooding data and information. The vulnerability indicators of farmland inundation is needed to calculate the risk of farmland flood based on changeable hydro-meteorological data over time with morphologic characteristics of flood-damaged areas. To find related variables show the vulnerability of farmland inundation using the binary-logit model and correlation analysis and to provide vulnerability indicators were estimated by fuzzy set method. The outputs of vulnerability indicators were compared with the results of Monte Carlo simulation (MCS) for verification. From the result vulnerability indicators are applicable to mobile_based information system of farmland inundation.

The Hybrid Systems for Credit Rating

  • Goo, Han-In;Jo, Hong-Kyuo;Shin, Kyung-Shik
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.163-173
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    • 1997
  • Although numerous studies demonstrate that one technique outperforms the others for a given data set, it is hard to tell a priori which of these techniques will be the most effective to solve a specific problem. It has been suggested that the better approach to classification problem might be to integrate several different forecasting techniques by combining their results. The issues of interest are how to integrate different modeling techniques to increase the predictive performance. This paper proposes the post-model integration method, which tries to find the best combination of the results provided by individual techniques. To get the optimal or near optimal combination of different prediction techniques, Genetic Algorithms (GAs) are applied, which are particularly suitable for multi-parameter optimization problems with an object function subject to numerous hard and soft constraints. This study applies three individual classification techniques (Discriminant analysis, Logit model and Neural Networks) as base models for the corporate failure prediction. The results of composite predictions are compared with the individual models. Preliminary results suggests that the use of integrated methods improve the performance of business classification.

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Suppression for Logistic Regression Model (로지스틱 회귀모형에서의 SUPPRESSION)

  • Hong C. S.;Kim H. I.;Ham J. H.
    • The Korean Journal of Applied Statistics
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    • v.18 no.3
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    • pp.701-712
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    • 2005
  • The suppression for logistic regression models has been debated no longer than that for linear regression models since, among many other reasons, sum of squares for regression (SSR) or coefficient of determination ($R^2$) could be defined into various ways. Based on four kinds of $R^2$'s: two kinds are most preferred, and the other two are proposed by Liao & McGee (2003), four kinds of SSR's are derived so that the suppression for logistic models is explained. Many data fitted to logistic models are generated by Monte Carlo method. We explore when suppression happens, and compare with that for linear regression models.

Hurdle Model for Longitudinal Zero-Inflated Count Data Analysis (영과잉 경시적 가산자료 분석을 위한 허들모형)

  • Jin, Iktae;Lee, Keunbaik
    • The Korean Journal of Applied Statistics
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    • v.27 no.6
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    • pp.923-932
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    • 2014
  • The Hurdle model can to analyze zero-inflated count data. This model is a mixed model of the logit model for a binary component and a truncated Poisson model of a truncated count component. We propose a new hurdle model with a general heterogeneous random effects covariance matrix to analyze longitudinal zero-inflated count data using modified Cholesky decomposition. This decomposition factors the random effects covariance matrix into generalized autoregressive parameters and innovation variance. The parameters are modeled using (generalized) linear models and estimated with a Bayesian method. We use these methods to carefully analyze a real dataset.

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.

Study on the Selection Determinants on Consumers Purchasing Agricultural Products via Direct Market

  • LEE, Jae-Wan;KIM, Jae-Jin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.8 no.3
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    • pp.43-56
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    • 2020
  • Purpose - This study was carried out to analyze the influential factors of how consumers methodize purchasing agricultural products via direct market. It further utilizes the Discrete Choice Model to analyze consumer decision specifically with regards to individual markets and store attributes. Research design and methodology - This study will use the multinomial logit model to interpret the influential factors behind selecting a specific market to purchase from. This study establishes 'online direct-purchase' as the base category with 'direct farm markets', 'local foods direct markets', 'produce boxes (CSA)' as substitutes. Results - Firstly, the variety of products, price and freshness had a positive influence on choosing 'direct farm markets' while convenience of payment and transportation had a negative influence. Second, freshness and store attributes had a positive influence on choosing 'local foods direct markets' but product price and packaging, location accessibility had a negative influence. And although product creditability had a positive influence on purchasing 'produce boxes (CSA)', product price had a negative influence. Conclusions - Accordingly, there is a need for the South Korean government to encourage the adoption of mobile payment through smartphone applications in direct farm markets to vitalize direct agricultural purchasing. However, this does need to be approached cautiously as price has a conflicting affect for each method of purchase.

An Analysis of Demand Elasticity to Facilitate the Use of Public Transportation in the Administrative City (행정중심복합도시 대중교통 이용활성화를 위한 수요탄력성 분석)

  • Kim, Tae-Gyun;Park, Ji-Eun;Lee, Yun-Sang
    • Land and Housing Review
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    • v.9 no.3
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    • pp.9-18
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    • 2018
  • Administrative city has been developed step by step aiming to being a public transport-oriented new city. In spite of its primary goal, administrative city is dominated by car-oriented tansportaion system because the supply of public transportation has not been adequately and timely performed. In this study, we investigate the current situation related to (public) transportation use in administrative city. Also, we examine the issues of traffic system through a survey on residents' consciousness about public transportation use. Additionally, the analysis of demand elasticity according to the change of the conditions of using public transportation and passenger car is conducted for passenger car users. As a result, it is analyzed that as the neighborhood is more stabilized after the completion of development the resistance to the abandonment of passenger car is higher when the tide demand control method is introduced. Therefore, it is concluded that pre-emptive public transportation supply and the management of car demand management are necessary for the activation of public transportation in Administrative city.

Express Train Choice and Load Factor Analysis as Line Extension in Seoul Metro 9 (서울지하철 9호선 2단계 개통에 따른 급행열차 선택 및 혼잡도 변화분석)

  • Kim, Kyung Min;Oh, Suk Mun;Rho, Hag Lae
    • Journal of the Korean Society for Railway
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    • v.19 no.5
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    • pp.663-671
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    • 2016
  • This paper investigates how to change passengers' preferences for express trains according to line extension in Seoul Metro Line 9. Before-and-after line extension, we traced passengers' path choices using Smart Card data via the method suggested by Kim et al. (2015). We developed two multinomial logit models before-and-after line extension. Transferability test showed that there is no difference between the two models. However, the load factor of the express train increased by 6.7% and the gap between the local and express trains became significantly wider.

A Study on Commercial Power of Traditional Market

  • Baik, Key-Young;Youn, Myoung-Kil
    • East Asian Journal of Business Economics (EAJBE)
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    • v.4 no.2
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    • pp.1-11
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    • 2016
  • This study investigated commercial power theory of traditional market through the analysis of literature review. Consumers' store selection models are made up a theory based on normative hypothesis, theory of mutual reaction, utility function estimation model, and cognitive-behavioral model. Detailed models are as follows. Normative hypothesis based theory is divided into Reilly's retail gratification theory and Converse's revised retail g ratification theory. Interaction theory is composed of Huff's probability gratification theory, MCI model and Multi-nominal Logit Model (MNL model). There are four models in retail organization position theory such as central place theories, single store position theory, multi store position - assign model, and retail growth potential model. In case of single store position theory, theoretical and empirical techniques have developed for a decision to optimum single store position. Those are like these, a check list, the most simple and systematic method, analogy, and microanalysis technique. Aforementioned models are theoretical and mathematical commercial power measurement and/or model. The study has rather limitations because the variation factors included in formula are only a part of actual commercial power. Therefore, further study shall be made continuously to commercial power areas and variables.

Determinants of Food Away From Home and Consumption Patterns (한국인의 외식소비성향과 외식선호유형의 결정요인)

  • Park, Young-Sun;Chung, Young-Sook
    • Journal of the Korean Society of Food Culture
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    • v.19 no.1
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    • pp.118-127
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    • 2004
  • The purpose of this study was to identify the preferred types and consumption patterns of food away from home by socio-demographic factors including cohort groups, sex. and consumption patterns consisting of 6 types. Data were collected from 412 respondents by questionnaire method in April through May 2002. Regression results indicate that sex, age, family income, family type and size as well as the consumption patterns were significant in explaining the determinants of food away from home expenditures. Four logit function (each for Korean, American, Japanese, and bunsik) results showed that each type of food away from home was likely to vary depending on socio-demographic factors (i.e., cohort groups and sex) and the consumption patterns (i.e., convenience and simple, distinction and variety, tradition oriented, foreign design, health and quality oriented, sensible taste and mood). Similarities and differences in food away from home types are discussed, and future implications for food and nutrition specialists as well as food industrial marketers are provided.