• Title/Summary/Keyword: Logit Function

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Support Vector Bankruptcy Prediction Model with Optimal Choice of RBF Kernel Parameter Values using Grid Search (Support Vector Machine을 이용한 부도예측모형의 개발 -격자탐색을 이용한 커널 함수의 최적 모수 값 선정과 기존 부도예측모형과의 성과 비교-)

  • Min Jae H.;Lee Young-Chan
    • Journal of the Korean Operations Research and Management Science Society
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    • v.30 no.1
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    • pp.55-74
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    • 2005
  • Bankruptcy prediction has drawn a lot of research interests in previous literature, and recent studies have shown that machine learning techniques achieved better performance than traditional statistical ones. This paper employs a relatively new machine learning technique, support vector machines (SVMs). to bankruptcy prediction problem in an attempt to suggest a new model with better explanatory power and stability. To serve this purpose, we use grid search technique using 5-fold cross-validation to find out the optimal values of the parameters of kernel function of SVM. In addition, to evaluate the prediction accuracy of SVM. we compare its performance with multiple discriminant analysis (MDA), logistic regression analysis (Logit), and three-layer fully connected back-propagation neural networks (BPNs). The experiment results show that SVM outperforms the other methods.

Determinants of Utilization & Satisfaction for the Exploit of Community Centers in Rural Area (농촌지역 마을회관 이용 활용도와 만족도에 관한 결정요인 분석)

  • Lee, Byoung-Hoon;Kim, Dong-Weon;Park, Hye-Jin;Yun, Yeong-Seok
    • Journal of Korean Society of Rural Planning
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    • v.18 no.4
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    • pp.27-34
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    • 2012
  • The purpose of this study is to analyze the community center users' the determinants of utilization & satisfaction for the exploit and to draw out the implication as to what are the influencing factors. The ordered logit model approach was used to examine the determinants. For the use of community center, we surveyed by mail subjecting on rural residents for one month, June 2012, analyzed 625 valid questionnaires. The findings are as follows. First, 'Facility-Satisfaction', 'Education', 'Exploit-Frequency' and 'Age' are the most important factors which affect users' satisfaction. Second, 'A meeting hall function', 'Cultural & Educational function', 'Social & Organizational function', and 'functional criticality function' influence the attributes of users' utilization. Therefore, it is needed to establish the various functions of community center and to prepare the vitalization plan in futuristic viewpoint reflecting the change of rural area. In addition, since there is no clear entity to supervise community center administratively, policy support system to community center should be equipped. Along with these, it is needed to develop managing and operation model for customized community center.

Determinants of Consumer Preference by type of Accommodation: Two Step Cluster Analysis (이단계 군집분석에 의한 농촌관광 편의시설 유형별 소비자 선호 결정요인)

  • Park, Duk-Byeong;Yoon, Yoo-Shik;Lee, Min-Soo
    • Journal of Global Scholars of Marketing Science
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    • v.17 no.3
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    • pp.1-19
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    • 2007
  • 1. Purpose Rural tourism is made by individuals with different characteristics, needs and wants. It is important to have information on the characteristics and preferences of the consumers of the different types of existing rural accommodation. The stud aims to identify the determinants of consumer preference by type of accommodations. 2. Methodology 2.1 Sample Data were collected from 1000 people by telephone survey with three-stage stratified random sampling in seven metropolitan areas in Korea. Respondents were chosen by sampling internal on telephone book published in 2006. We surveyed from four to ten-thirty 0'clock afternoon so as to systematic sampling considering respondents' life cycle. 2.2 Two-step cluster Analysis Our study is accomplished through the use of a two-step cluster method to classify the accommodation in a reduced number of groups, so that each group constitutes a type. This method had been suggested as appropriate in clustering large data sets with mixed attributes. The method is based on a distance measure that enables data with both continuous and categorical attributes to be clustered. This is derived from a probabilistic model in which the distance between two clusters in equivalent to the decrease in log-likelihood function as a result of merging. 2.3 Multinomial Logit Analysis The estimation of a Multionmial Logit model determines the characteristics of tourist who is most likely to opt for each type of accommodation. The Multinomial Logit model constitutes an appropriate framework to explore and explain choice process where the choice set consists of more than two alternatives. Due to its ease and quick estimation of parameters, the Multinomial Logit model has been used for many empirical studies of choice in tourism. 3. Findings The auto-clustering algorithm indicated that a five-cluster solution was the best model, because it minimized the BIC value and the change in them between adjacent numbers of clusters. The accommodation establishments can be classified into five types: Traditional House, Typical Farmhouse, Farmstay house for group Tour, Log Cabin for Family, and Log Cabin for Individuals. Group 1 (Traditional House) includes mainly the large accommodation establishments, i.e. those with ondoll style room providing meals and one shower room on family tourist, of original construction style house. Group 2 (Typical Farmhouse) encompasses accommodation establishments of Ondoll rooms and each bathroom providing meals. It includes, in other words, the tourist accommodations Known as "rural houses." Group 3 (Farmstay House for Group) has accommodation establishments of Ondoll rooms not providing meals and self cooking facilities, large room size over five persons. Group 4 (Log Cabin for Family) includes mainly the popular accommodation establishments, i.e. those with Ondoll style room with on shower room on family tourist, of western styled log house. While the accommodations in this group are not defined as regards type of construction, the group does include all the original Korean style construction, Finally, group 5 (Log Cabin for Individuals)includes those accommodations that are bedroom western styled wooden house with each bathroom. First Multinomial Logit model is estimated including all the explicative variables considered and taking accommodation group 2 as base alternative. The results show that the variables and the estimated values of the parameters for the model giving the probability of each of the five different types of accommodation available in rural tourism village in Korea, according to the socio-economic and trip related characteristics of the individuals. An initial observation of the analysis reveals that none of variables income, the number of journey, distance, and residential style of house is explicative in the choice of rural accommodation. The age and accompany variables are significant for accommodation establishment of group 1. The education and rural residential experience variables are significant for accommodation establishment of groups 4 and 5. The expenditure and marital status variables are significant for accommodation establishment of group 4. The gender and occupation variable are significant for accommodation establishment of group 3. The loyalty variable is significant for accommodation establishment of groups 3 and 4. The study indicates that significant differences exist among the individuals who choose each type of accommodation at a destination. From this investigation is evident that several profiles of tourists can be attracted by a rural destination according to the types of existing accommodations at this destination. Besides, the tourist profiles may be used as the basis for investment policy and promotion for each type of accommodation, making use in each case of the variables that indicate a greater likelihood of influencing the tourist choice of accommodation.

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Search for an Optimal-Path Considering Various Attributes (다양한 경로속성을 고려한 최적경로 탐색)

  • Hahn, Jin-Seok;Chon, Kyung-Soo
    • Journal of Korean Society of Transportation
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    • v.26 no.1
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    • pp.145-153
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    • 2008
  • Existing shortest-path algorithms mainly consider a single attribute. But traveler actually chooses a route considering not single attribute but various attributes which are synthesized travel time, route length, personal preference, etc. Therefore, to search the optimal path, these attributes are considered synthetically. In this study route searching algorithm which selects the maximum utility route using discrete choice model has developed in order to consider various attributes. Six elements which affect route choice are chosen for the route choice model and parameters of the models are estimated using survey data. A multinomial logit models are developed to design the function of route choice model. As a result, the model which has route length, delay time, the number of turning as parameter is selected based on the significance test. We use existing shortest path algorithm, which can reflect urban transportation network such as u-turn or p-turn, and apply it to the real network.

Study on Assessment of Value and Functions of Dam-wetland(2) - Assessment of Value by CE : Focussing on Boryeong Dam - (댐습지의 기능 및 가치평가 연구(2) - CE를 이용한 가치평가 : 보령댐을 대상으로 -)

  • Kim, Duck-Gil;Yoo, Byong-Kook;Kim, Jae-Geun;Shin, Han-Kyu;Kim, Hung-Soo;Park, Doo-Ho;Ahn, Jae-Hyun;Ahn, Kyung-Soo
    • Journal of Wetlands Research
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    • v.11 no.3
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    • pp.133-143
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    • 2009
  • Recently, there have been a lot of studies for the value for wetlands with increased interest about wetlands. However, the value assessment for wetlands was usually conducted for 송 natural wetlands only, without consideration for Dam-wetlands. In this study, we assumed that a dam carried out a function of wetlands and defined such dams as Dam-wetlands. Choice Experiment(CE) was used in value assessment method. Study area of this study is Boryeong-dam. We performed questionnaire survey in six metropolitan cities and Boryeong city for the value assessment of Dam-wetland. The result of questionnaire survey was analyzed using a Conditional Logit(CL) and a Random Parameter Logic(RPL). Therefore, the total values of a Boryeong-dam is estimated as 72.8 billion-won when consider the wetlands of surrounding area.

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A Study on Greenhouse Farmers' Willingness to Pay of Agricultural Water Supply through Pipeline (관수로 농업용수 공급에 대한 시설재배 농가의 비용 지불의사 연구)

  • Lim, Cheong-Ryong;Park, Seong-gyeong;Chung, Won-ho
    • Journal of Korean Society of Rural Planning
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    • v.24 no.2
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    • pp.109-114
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    • 2018
  • In this study, we estimate the greenhouse farmers' willingness to pay of agricultural water supply through pipeline. First, in the questionnaire design, orthogonal design and block design were used to enhance the ease of survey. Second, the theoretical model was constructed through the setting of the probability utility function, and the parameters were estimated by using the conditional logit model. Third, all of the estimation coefficients were statistically significant at the 1% significance level. The results of analysis are summarized as follows. First, the probability of selection is increased when maintenance is carried out by Korea Rural Community Corporation or local government. Second, the probability of selection is increased when agricultural water supply through pipeline is higher than the current level. Third, if the Korea Rural Community Corporation carries out maintenance management, the marginal willingness to pay is 44 won per ton. And if the local government carries out maintenance management, the marginal willingness to pay is 25 won per ton. Fourth, according to the quality level of agricultural water supply, the marginal willingness to pay is 101 won, 114 won and 120 won per ton, respectively. This study can be used as a basic data on the cost setting for agricultural water supply through pipeline.

Differential Changes in Commuter's Mode Choice after the Intergrated Public Transit System in Seoul Metropolitan City (서울시 대중교통체계 개편 이후 통근 교통수단 선택의 차별적 변화)

  • Lee, Hye-Seung;Lee, Hee-Yeon
    • Journal of the Korean Geographical Society
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    • v.44 no.3
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    • pp.323-338
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    • 2009
  • This study analyzes the changes in commuter's mode choice between 2002 and 2006 according to the implement of the integrated public transit system in Seoul metropolitan city. Especially this study focuses on differential changes in a transit modal choice among socioeconomic status, trip purpose and spatial characteristics of origin and destination. The probability of public transit use against automobile is modeled as a function of socioeconomic variables, spatial characteristics of origin and destination and the utility of the commuter's mode. The results from conditional logit model analyses suggest that people with lower income show the larger changes in the ratio of public transit choice between 2002-06. Also both higher density, more accessible to public transit and more diverse land uses in residence zone and in work place generally increase the ratio of public transit choice between 2002-06. Car and subway have the most strong alternative relation in commuter's mode choice. The findings give an important implication that the integrated public transit system has differential impacts on commuter's mode choice in Seoul.

Analysis of methods for the model extraction without training data (학습 데이터가 없는 모델 탈취 방법에 대한 분석)

  • Hyun Kwon;Yonggi Kim;Jun Lee
    • Convergence Security Journal
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    • v.23 no.5
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    • pp.57-64
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    • 2023
  • In this study, we analyzed how to steal the target model without training data. Input data is generated using the generative model, and a similar model is created by defining a loss function so that the predicted values of the target model and the similar model are close to each other. At this time, the target model has a process of learning so that the similar model is similar to it by gradient descent using the logit (logic) value of each class for the input data. The tensorflow machine learning library was used as an experimental environment, and CIFAR10 and SVHN were used as datasets. A similar model was created using the ResNet model as a target model. As a result of the experiment, it was found that the model stealing method generated a similar model with an accuracy of 86.18% for CIFAR10 and 96.02% for SVHN, producing similar predicted values to the target model. In addition, considerations on the model stealing method, military use, and limitations were also analyzed.

Modeling for Prediction of Potato Late Blight (Phytophthora infestans) (감자역병 진전도 예측모형 작성)

  • 안재훈;함영일;신관용
    • Korean Journal Plant Pathology
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    • v.14 no.4
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    • pp.331-338
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    • 1998
  • To develop the model for prediction of potato late blight progress, the relationship between severity index of potato late blight transformed by the logit and Gompit transformation function and cumulative severity value (CSV) processing weather data during growing period in Taegwallyeong alpine area, 1975 to 1992 were examined. When logistic model and Gompertz model were compared by determining goodness of fit for progressive degree of late blight using CSV as independent variable, the coefficients of determination were higher as 0.742 in the logistic model than 0.680 in the Gompertz model. Parameters in logistic model were composed of progressive rate and initial value of logistic model. Initial value was calculated in -3.664. The progressive rate of potato late blight was 0.137 in cv. Superior, 0.136 in cv. Irish Cobbler, and 0.070 in cv. Jopung without fungicide sprays. According to in crease of the number of spray times the progressive rate was lowered, was 0.020 in cv. Superior under the conventional program of fungicide sprays, 10 times sprays during cropping season. Equation of progressive rate, b1=0.0088 ACSV-0.033 (R2=0.976), was written by examining the relationship between the parameters of progressive rate of late blight and the average CSV (ACSV) quantifing weather information. By estimating parameters of logistic function, model able to describe the late blight progress of potato, cv. Superior was formulated in Y=4/(1+39.0·exp((0.0088 ACSV-0.033)·CSV).

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Estimating the Economic Value of Function for Public Benefits on Practice of Organic Farming - Using Choice Experiments (유기농업의 공익기능에 대한 경제적 가치 평가 -실험선택법을 적용하여-)

  • Yoo, Jin-Chae;Kong, Ki-Seo;Yeo, Sun-Sik;Seo, Myung-Chul
    • Korean Journal of Organic Agriculture
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    • v.18 no.3
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    • pp.291-313
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    • 2010
  • The objective of this paper is to apply choice experiment methods to estimate non-market value of organic farming and its policy implication. A preliminary survey shows that the attributes of organic farming are reduce environmental pollution, bio-diversity improvements, cultural diversity improvements and maintain local community, reduce green-house gas emissions, energy saving, landscape improvements and tax for organic farming improvement policy. Questionnaire was eight different choice sets presented to each respondent. Implicit values of the attributive levels of organic farming have been calculated into tax money costs per house. This paper compared the six feasible scenarios in terms of willingness to pay per year. This study is expected to contribute to government's organic farming policies and quantitative information related to practice of organic farming.