• Title/Summary/Keyword: Market Comparison

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Forecasting Future Market Share between Online-and Offline-Shopping Behavior of Korean Consumers with the Application of Double-Cohort and Multinomial Logit Models (생잔효과와 다중로짓모형으로 분석한 구매형태별 시장점유율 예측)

  • Lee, Seong-Woo;Yun, Seong-Do
    • Journal of Distribution Research
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    • v.14 no.1
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    • pp.45-65
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    • 2009
  • As a number of people using the internet for their shopping steadily rises, it is increasingly important for retailers to understand why consumers decide to buy products via online or offline. The main purpose of this study is to develop and test a model that enhance our understanding of how consumers respond future online and offline channels for their purchasing. Rather than merely adopting statistical models like most other studies in this field, the present study develops a model that combines double-cohort method with multinomial logit model. It is desirable if one can adopt an overall encompassing criterion in the study of consumer behaviors form diverse sales channels. This study uses the concept of cohort or aging to enable this comparison. It enables us to analyze how consumers respond to online and offline channels as people aged by measuring their shopping behavior for an online and offline retailers and their subsequent purchase intentions. Based on some empirical findings, this study concludes with policy implications and some necessary fields of future studies desirable.

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Comparative Study on Monetary Estimates of the Preservation Value of Recreational Forests through Contingent Valuation Methods (자연휴양림 보존가치 측정을 위한 조건부가치측정법(CVM) 추정액 비교)

  • Kang, Kee-Rae
    • Journal of the Korean Institute of Landscape Architecture
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    • v.38 no.2
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    • pp.25-36
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    • 2010
  • The generally known important functions of forests include air purification and the health benefits that humans can receive when relaxing and enjoying recreation in the forests. In recent years, people have appreciated the value of the natural environment but it is not easy to answer the question how much monetary value a natural environment has. Because environmental property is public property, which is not traded on the market, market prices cannot be established, so it is not easy to assess the currency value. Methods for estimating environmental property value have been studied by economists. The representative method for measuring environmental property value is a contingent valuation method, or CVM. Various methods have been researched and attempted along with the development and fusion of mathematics, statistics, and economics. Representative methods of CVM are single-bound and double-bound logit and probit methods. This study has been carried out to compare four estimates. Estimates are as follows: the lowest estimate is derived from a single-bound logit WTPmedian while the highest estimate is from double-bound probit WTPmean. While there are some preceding studies on price estimation and methods of measurement through CVM, they offer only partial comparisons. This study suggests four analytic methods and prices through 1,123 questionnaires. The results can be used for the subsequent comparison of estimate prices and the methods of measurement

A Study on effectiveness of transition of policy instruments for renewable energy: In the case of shift from FIT to RPS in Korea (재생에너지 정책수단 전환의 효과성 연구: 한국의 전환 사례 분석)

  • Park, Inyong;Choung, Jae-Yong
    • Journal of Technology Innovation
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    • v.28 no.2
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    • pp.1-36
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    • 2020
  • While the policy intervention of each country for the promotion of renewable energy is strengthened, Korea introduced Feed-in Tariff (FIT) in 2002 to directly support the development of renewable energy. But in 2012, the shift of policy instrument that from FIT to Renewable Portfolio Standard (RPS) is occurred. This is a unique background that is currently found only in Korea, and new answers that focus on the outcomes of the shift of policy instruments are needed in addition to the existing discussion of comparison of FIT and RPS. Therefore, this study analyzed the change of policy efficiency after the shift to RPS using Data Envelopment Analysis(DEA) and Malmquist Index. In the result of analysis, a difference in the improvement of policy efficiency after in shift to RPS is found among each renewable energy source. This result is because renewable energy companies voluntarily entered the market only for energy sources that have secured technology or price competitiveness, and this indicates that the performance of renewable energy after the RPS shift has been concentrated on specific energy sources. As a result of this study, considering that the goal of renewable energy policy is to expand distribution and to drive growth engines, multi-faceted analysis is required in consideration of technology and market in selecting policy instruments.

Effects of Consumers' Perceived Service Convenience: Differences between Department Stores and General Super Markets (소매업태의 지각된 서비스 편의성이 서비스 성과에 미치는 영향: 백화점과 종합슈퍼마켓간 차이를 중심으로)

  • Kim, Mi-Jeong;Park, Chul-Ju
    • Journal of Distribution Science
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    • v.13 no.2
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    • pp.85-94
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    • 2015
  • Purpose - This study attempts to examine the impacts of consumers' perceived service convenience of retailers on various service performance metrics such as service quality and customer satisfaction. It also tries to investigate differences in the importance of service convenience dimensions on service performance between a department store and a general super market. Research design, data, and methodology - The four hypotheses in this study were proposed and tested. Two hypotheses were on the causal relationships between service convenience dimensions and service performances (service quality and customer satisfaction). The other two hypotheses were on comparisons for the effects of convenience dimensions on service quality and customer satisfaction between department stores and general super markets. To test the hypotheses, three department store chains (Hyundai, Lotte, and Shinsegae department Store) and three general super markets (E-mart, Homeplus, and Lotte mart) were involved. Overall, 510 usable responses were used. The data were analyzed using regression analysis. Results - The results largely support the hypothesized relationships of the proposed model. The results show that access convenience, transaction convenience, benefit convenience, and post-benefit convenience have positive influences on service quality, whereas decision convenience, access convenience, transaction convenience, benefit convenience, and post-benefit convenience have positive effects on customer satisfaction. Furthermore, the results show that there are differences between department stores and general super markets in the effects of benefit convenience and post-benefit convenience on service quality as well as the effects of transaction convenience and post-benefit convenience on customer satisfaction. Conclusions - The concept of service convenience is important in retail environments but little is known about this topic in retail literature. Specially, while service convenience dimensions have different impacts on service performance in distinct retail environments, there has been little investigation or comparison between retail types as regards service convenience. This study is the first to test the differences between distinct retail types (department stores and general super markets) on the service convenience-service performance links. Managerially, the findings of this study suggest that the service convenience management of retailers is an important part of successful service performance management. Because it is most important that both department stores and general super markets enhance benefit convenience to improve service performance, managers of both store types need to invest their resources to reduce consumers' perceived time and effort expenditures to experience the retailer's core benefits. Therefore, the results of this study suggest that retail stores should spend human and financial resources to enhance customer perceptions of service convenience, while also considering what constitutes the service outcome in the consumer's mind. Furthermore, the findings suggest that managers need to use different service convenience management tactics in department stores and general super markets. Specifically, managers in general super markets should pay more attention to benefit convenience and transaction convenience to achieve better service performance whereas managers in department stores should concentrate on post-benefit convenience to create customers' positive evaluation.

Comparative study of PCDDs/DFs concentration in crop and its cultural environment (작물재배환경 중 다이옥신 잔류함량 비교연구)

  • Kwon, Oh-Kyung;Eun, Hee-Soo;Choi, Dal-Soon;Hong, Su-Myeong;Kwon, Hye-Young;Choi, Joo-Hyun
    • The Korean Journal of Pesticide Science
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    • v.10 no.2
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    • pp.91-98
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    • 2006
  • The objective of this study was to compare dioxin contents in spinach, soil and air and to evaluate the relation of dioxin concentrations in crop and its cultural environment. Sample weighing for the precise peak detection in dioxin analysis was also determined. The fragmentogram of HpCDFs, and especially OCDF, indicated different pattern from that of TeCDD/F, PeCDD/Fs and HxCDDs/Fs, which showed the same pattern. In case of field culture spinach (wet sample 2 kg) in Japan, peak of OCDF could be detected clearly, while market spinach (wet sample 1 kg) showed the only baseline detection. The result makes it possible to suppose the fact that production place of market spinach was not contaminated with OCDF, but atmospheric pattern of production place was similar to that of open field sample. So we could decide that the sample of agricultural crops were needed more than 2 kg in wet weight for the evaluation of precise peak The total tendency of dioxin concentration levels in field culture spinach may be affected by OCDD and HCDF distributed in soil. However, on the whole the major factor seems to be the atmospheric deposition.

Estimation and Comparison of Benefits of Disaster Prevention Facilities at the Masan Port with CVM and MD-FDA (조건부가치추정법과 다차원홍수피해산정법을 이용한 마산항 재해방지시설의 편익산정 비교)

  • Seo, Inho;Shin, Seungsik
    • Journal of Korea Port Economic Association
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    • v.29 no.4
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    • pp.289-323
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    • 2013
  • This study set out to estimate and compare benefits of damage in case of storm surge at the Masan Port by using two of the most representative methodologies used to estimate benefits in port disaster prevention facility construction, namely CVM(contingent valuation method), which estimates the values of non-market goods, and MD-FDA(multi-dimensional flood damage analysis), which had usually been implemented in flood or dam projects. The benefit estimation for 30 years of costs was 2.5689 trillion won for CVM and 2.9596 trillion won for MD-FDA, which indicates that there was no big difference in benefits among disaster prevention facilities. However, in-depth testing should follow to figure out whether MD-FDA can replace CVM, which has been tested with non-market goods, when estimating the benefits of disaster prevention facilities based on those findings.

The Factors That Cause Customer Satisfaction in Private Security Service: Comparison between Corporate Clients and Individual Clients (민간경비 서비스의 고객 만족도에 영향을 미치는 요인: 사업자고객과 개인고객의 비교)

  • Shin, So-Ra;Cho, Youn-Oh
    • Korean Security Journal
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    • no.34
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    • pp.161-184
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    • 2013
  • The purpose of this research is to achieve qualitative growth for private security industry as a sector of service industry to attract clients and promote the growth of the private security industry by analyzing the factors which influence the customer's service satisfaction in using the private security services. A regression analysis was conducted to determine the factors which influences the satisfaction of private security service to ultimately achieve the research purpose. In the regression analysis, the difference between corporate clients and individual clients were analyzed for the sake of providing better security services and marketing applications. As a result, the factors that influences the satisfaction of the categorized groups were very clearly signified. Both individual and corporate clients showed increase in satisfaction rate when the fear of crime decreased. This result implies that the private security firms must possess segmented strategies as well as strategies to lower the fear factors of clients. There were no differences in all satisfaction-influencing factors when the fear reduction variable was exempted among both corporate and individual clients in usage satisfaction. This result shows that clients demand varies according to the client and the security firms must react to these demands by the clients. Although private security industry possess very clear publicity, it is a profit generating industry sector therefore, like other service industry, the private security services must implement strategies to keep up with the paradigm. If the satisfaction determinants from the research results are grafted into strategies such relationship marketing and target market selection, higher service satisfaction can be achieved from the clients.

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Developing a Program Performance Management Framework for Mixed-use Development in Urban Regeneration Projects (입체복합공간 개발사업의 프로그램 성과관리 체계 구축)

  • Lee, Kang-Wook;Hong, Hwa-Uk;Park, Hee-Dae;Han, Seung-Heon
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.1
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    • pp.141-152
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    • 2011
  • The market volume of urban regeneration projects has steadily increased, thereby mixed-use development also shows significant market growth. However, previous researches on urban regeneration mainly deduced suggestions and plans for institution improvement based on comparison between projects implemented the inside and outside of the country. Whereas, researches on project management closely related to project success were limited, particularly in performance management. Accordingly, this research aims at developing a program performance management framework for public clients so as to succeed mixed-use development projects. Through extensive literature review and expert interview, this research developed performance indices for diverse facilities, risk management framework and integrating method of program performance score. The proposed framework is able to consider total life cycle from basic planning to maintenance phase and to check real-time performance level. Moreover, risk management framework can periodically assess and control the level of inherent risks within performance indices. The results can contribute to improve existing performance management practices and be basis for a web-based system developed in future.

Comparison of Fruit Maketability at Various Temperature Environment in Asian Pear 'Jinhwang' Treated with 1-Methylcyclopropene (동양 배 '진황'에 있어 1-MCP 처리에 따른 다양한 온도 환경에서의 유통력 비교)

  • Lee, Ug-Yong;Choi, Jin-Ho;Kim, Yoon-Kyung;Oh, Kwang-Suk;Kim, Sung-Ju;Chun, Jong-Pil
    • Journal of Bio-Environment Control
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    • v.26 no.1
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    • pp.19-26
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    • 2017
  • We evaluated the fruit quality and the incidence of physiological disorders in Asian pear (Pyrus pyrifolia Nakai) cultivar 'Jinhwang' treated with 1-methylcyclopropene (1-MCP, $1.0{\mu}L{\cdot}L^{-1}$) under different temperature conditions to determine appropriate shelf-life period. The postharvest application of 1-MCP in 'Jinhwang' pears showed positive effects at all storage temperature (18, 25 or $30^{\circ}C$) with regard to flesh firmness, marketable fruits (>20N) only attainted with 1-MCP treated fruit after 21 days of shelf-life. A high incidences of physiological disorders and of fruit decay rates were obvious in the fruits distributed at $30^{\circ}C$ and low incidence of physiological disorders including core browning and mealiness were attained at the fruits treated with 1-MCP when we compared with untreated control. The production of ethylene and respiration rates increase coincide with elevated distribution temperature. High respiration rates were obvious in the control fruits, it reached approximately two times higher than the that of 1-MCP treated one regardless of market temperature. These results demonstrated that the application of 1-MCP, especially at high temperature market condition, represented as an effective postharvest technique for newly developed Asian pear 'Jinhwang'.

Status of changes in the business environment of Oriental medicine clinics;With the focus on their facilities, staff, patients and service fee revenue (한의원 환경 및 경영 현황 변화에 대한 연구;한의원 시설 및 인력, 환자, 매출액을 중심으로)

  • Huang, Dae-Sun;Lee, Kyoung-Ku;Shin, Hyeun-Kyoo
    • The Journal of Korean Medicine
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    • v.29 no.3
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    • pp.100-112
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    • 2008
  • Objectives: The purpose of this survey is to monitor the changes that have occurred in the business environment surrounding Oriental medicine clinics, with the focus on their facilities, staff, patients, and service fee revenue. Method adopted: A questionnaire was sent in December 2006 to 1,000 Oriental medicine clinics nationwide, of which 122 (or 12 percent of them) replied. Previous questionnaires similar to this one in nature were checked for comparison. Results: As a result of analyzing the aforesaid replies, the average Oriental medicine clinic appears to have a floor size of 156 square meters (= 47.2 pyeong) and is equipped with 6.6 beds. The number of helpers and nurse's aids at each Oriental medicine clinics comes to 3.2 and 1.58, respectively. The number of patients coming to see a practitioner of Oriental medicine stands at 36.3 persons per day, of whom 32.06 come for acupuncture treatment. 50.2 percent of the Oriental medicine clinics' service fee revenue is paid from the health insurance. Each clinic spends on average 2.42 million won per month on the purchase of medicinal substances and so forth. The foregoing indicates a 27 percent increase from 1999 in terms of floor size, a 30 percent increase in the number of beds, a 47 percent increase in the number of helpers, a 45 percent increase in the number of nurse's aides, and an 11 percent increase in the number of patients who visit a practitioner of oriental medicine. As for the latter figure, there was an increase of 3.64 over a seven-year period. The number of patients coming for acupuncture treatment increased by 7.06 in the same period, whereas the number of those coming for medication treatment decreased by 4.28 percent. Health insurance payments as a proportion of Oriental medicine clinics' service fee revenues increased by 23.9 percentage points from 26.29 percent in 1997 to 50.2 percent in 2006. The amount that a clinic spends on the purchase of medicinal substances, etc, decreased by 250,000 won or by 9.3 percent from 1999. The estimated value of the domestic Oriental medical service market for 2006 stood at 2,422.2 billion won in total. Conclusion: Oriental medicine clinics in Korea appear to be getting larger, with an increase in the number of beds and helpers. Health insurance payments now account for a greater proportion of Oriental medicine clinics' service fee revenues, and management conditions at the clinics are deteriorating.

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