• 제목/요약/키워드: Market diffusion

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TRAVELING WAVE GLOBAL PRICE DYNAMICS OF LOCAL MARKETS WITH LOGISTIC SUPPLIES

  • Kim, Yong-In
    • The Pure and Applied Mathematics
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    • v.17 no.1
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    • pp.93-106
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    • 2010
  • We employ the methods of Lattice Dynamical System to establish a global model extending the Walrasian evolutionary cobweb model in an independent single local market to the global market evolution over an infinite chain of many local markets with interaction of each other through a diffusion of prices between them. For brevity of the model, we assume linear decreasing demands and logistic supplies with naive predictors, and investigate the traveling wave behaviors of global price dynamics and show that their dynamics are conjugate to those of H$\acute{e}$non maps and hence can exhibit complicated behaviors such as period-doubling bifurcations, chaos, and homoclic orbits etc.

SPATIALLY HOMOGENEOUS GLOBAL PRICE DYNAMICS ON A CHAIN OF LOCAL MARKETS

  • Kim, Yong-In
    • The Pure and Applied Mathematics
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    • v.16 no.2
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    • pp.243-254
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    • 2009
  • The main purpose of this paper is to use the methods of Lattice Dynamical System to establish a global model, which extends the Walrasian evolutionary cobweb model in an independent single local market to the global market evolution over an infinite chain of many local markets interacting each other through a diffusion of prices between them. For brevity of the model, we assume linear decreasing demands and quadratic supplies with naive predictors, and investigate the spatially homogeneous global price dynamics and show that the dynamics is topologically conjugate to that of well-known logistic map and hence undergoes a period-doubling bifurcation route to chaos as a parameter varies through a critical value.

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Investigating the trade system for diffusion of the generation using renewable energies (대체에너지발전 활성화를 위한 전력거래방식 개선방안)

  • Jo In Seung;Rhee Chang Ho;Lee Kuen Dae
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.704-706
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    • 2004
  • The objective of this article is to provide the approach of improving trade system for activating the generation using renewable energy. The power trade system of our country is mandatory market, in which power generators fundamentally are to play. In this paper, several suggestions for power trading system of renewable energy will be showed.

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Diffusion and Adaptation of the Wind Power in an Utility Market (전력시장에서의 풍력발전의 확산과 수용)

  • Kim, Eun-Il;Kyung, Nam-Ho
    • Proceedings of the KIEE Conference
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    • 2003.07b
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    • pp.1401-1403
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    • 2003
  • 풍력발전의 확산과 수용은 전력시장의 특성으로 인하여 국가적 차원의 정책에 의존될 수밖에 없으며, 그 성과도 정책의 적정성과 수행의지에 달려 있다. 역설적으로 풍력발전은 국가 기획에 의하여 시장 조성이 가능하고, 따라서 풍력발전 설비제조, 발전단지 건설 및 운영 등으로 구성되는 "풍력산업"은 하나의 신흥 산업부문으로 국가적 차원의 적정한 정책 수단으로 육성될 수 있다. 선진 외국의 전지시장에서 관찰되는 풍력발전의 확산과 수용 과정을 참고로, 우리나라에서의 풍력발전보급의 활성화를 위한 원론적 방안을 모색하고자 하였다.

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Analysis of Factors Affecting Intention of Continuous Use for Mobile Wallet Based on the Information System Success Model (정보시스템 성공모형을 기반으로 한 모바일월렛 지속사용의도에 미치는 영향 요인 분석)

  • Jeon, Sun-Ho;Kang, Ju-Young;Lim, Jay-Ick
    • Journal of Information Technology Services
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    • v.13 no.4
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    • pp.325-340
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    • 2014
  • Mobile payment system using NFC attracted attention as the mobile payment market grows due to the fast diffusion of smart phones. However, non NFC mobile payment recently appeared because of the slow growth of infrastructure for NFC. With advent of Non NFC mobile payment applications, mobile payment industry is in developing trend. Non NFC mobile payment revitalizes the market by overcoming the limit of NFC with the smart applications using bar code and QR code payment, and providing various discounts, membership benefits and payment information. Therefore, this paper analyzed the intention of continuous use with the quality of mobile payment application based on the information system success model. Three categories of factors which are system quality, service quality, and information quality were used. We verified the significance of the factors affecting the intension of continuous use. mainly, quality of information was considered as an important factor of continuous Intention to Use. Also, unlike previous NFC, it was found that in Non-NFC, compatibility might not be as important factor. Moreover, we suggest a marketing strategy of companies for mobile payment industry which focus on information quality. and future research directions for non NFC payment market.

Antecedents and Effects of R&D Concentration : An Analysis from the Perspective of the Structure-Conduct-Performance paradigm (연구개발(R&D)집중도의 결정요인 및 영향에 관한 연구 : S-C-P 패러다임 관점에서의 접근)

  • Cho, Young-Gon;Shin, Hyuk-Seung;Sul, Won-Sik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.3
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    • pp.24-35
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    • 2014
  • This paper examines, from the perspective of the structure-conduct-performance (S-C-P) paradigm, the structural factors that determine R&D concentration in industries. The results are as follows. First, an industry's R&D concentration is directly related to its market concentration, R&D intensity, capital intensity, and technological opportunities. In contrast, the higher an industry's performance, the more likely the diffusion of R&D investment is for firms belonging to that industry. Second, an industry's R&D concentration has a positive effect on its market concentration but a negative effect on its performance, suggesting that governments should adopt R&D policies that would induce more firms to invest in R&D instead of focusing only on a few firms to enhance industry performance.

Research on systematization and advancement of shipbuilding production management for flexible and agile response for high value offshore platform

  • Song, Young-Joo;Woo, Jong-Hun;Shin, Jong-Gye
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.3 no.3
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    • pp.181-192
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    • 2011
  • Recently, the speed of change related with enterprise management is getting faster than ever owing to the competition among companies, technique diffusion, shortening of product lifecycle, excessive supply of market. For the example, the compliance condition (such as delivery date, product quality, etc.) from the ship owner is getting complicated and the needs for the new product such as FPSO, FSRU are coming to fore. This paradigm shift emphasize the rapid response rather than the competitive price, flexibility and agility rather than effective and optimal perspective for the domestic shipbuilding company. So, domestic shipbuilding companies have to secure agile and flexible ship production environment that could respond change of market and requirements of customers in order to continue a competitive edge in the world market. In this paper, I'm going to define a standard shipbuilding production management system by investigating the environment of domestic major shipbuilding companies. Also, I'm going to propose a unified ship production management and system for the operation of unified management through detail analysis of the activities and the data flow of ship production management. And, the system functions for the strategic approach of ship production management are investigated through the business administration tools such as performance pyramid, VDT and BSC. Lastly, the research of applying strategic KPI to the digital shipyard as virtual execution platform is conducted.

Structural and Dynamic Characteristic Analysis of a Feeder for an Automatic Assembly System of an LED Convergent Lighting Module (LED 융합조명 모듈 자동화 조립 시스템의 피더에 관한 구조해석 및 동특성 해석)

  • Choo, Se-Woong;Jeong, Sang-Hwa
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.16 no.1
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    • pp.124-133
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    • 2017
  • In the current lighting market, LEDs that have a high luminous efficiency, a long life and consume less power have emerged as next generation lighting. Owing to various designs and sizes of LEDs, the production process of existing LEDs involves many tasks that require manual labor; hence, the assembly of LEDs necessitates manpower. Because of the use of manpower, the production costs of LEDs increases and production efficiency decreases. Recently, the assembly parts of LEDs have been standardized for minimizing manual labor, and an LED is developed as an LED panel. The automatic assembly system produces LED convergent lighting by assembling two LED panels and one diffusion cover. To increase the production efficiency of the LED convergent lighting module, it is important that the development of a feeder can continuously supply the LED panels is required, and whose design has sufficient stability. The automatic assembly system of the LED convergent lighting module consists of two feeders, which convey LED panels and diffusion covers to a main conveyor, which assembles the lifted panels and covers. In this study, structural analysis and fatigue life for forced loads on the conveyer line of the feeder in the process of lifting LED panels and diffusion covers of each feeder, is analyzed. In addition, the drive of the belt constituting the conveyor line of each feeder is simulated, and the dynamic characteristics of the belt is analyzed using the virtual engineering method.

Can herbal extracts be used as skin penetrating agent

  • Chung, Leung Ping;Xin, Zhao;Tak, Law Wai;David, Lau Tai Wai
    • Advances in Traditional Medicine
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    • v.7 no.3
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    • pp.211-216
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    • 2007
  • Swollen and painful extremities have been treated with herbal baths in attempts to alleviate the symptoms. A popular herbal bath used in China, contains a component called 'bone-penetrating herb' which is believed to facilitate the penetration of herbal substances across the skin to the swollen site, so swollen site, so that pain and swelling will be improved. A search from the Chinese pharmacopedia revealed that 22 different herbs have been traditionally used as 'bone-penetrating herb'. Five of these herbs were available in market and were chosen for experimental studies. Standard diffusion experiments were done to identify the most effective herb among the five, in the penetration facilitation. Glechoma longituba at a concentration of 20% was found to give the best results in the facilitation of Bromophenol blue diffusion across artificial and biological membranes. When compared with one commonly used diffusion facilitator, viz. azone, azone was found to be more effective than glechoma longituba. The encouraging observations support future studies on the basic science behind the use of herbal components as topical agents to treat pain and swelling.

A Study on the Adoption Factors of Potential Users of the Digital Radio Broadcasting (디지털 라디오방송의 수용자 특성에 관한 연구)

  • Kwon, Jung-A.;Park, Gwang-Man
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.35 no.4B
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    • pp.620-629
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    • 2010
  • The analogue radio broadcasting was proven to be a successful and efficient media of delivering information because of free content and wide availability of cheap receivers. But the competition was more dropped than any other media due to the limited amount of radio spectrum that is available. The risk of doing nothing is to miss the opportunity and to loss existing audiences in the long term, or to be locked into inefficient proprietary systems. That is the reason why it is important to act now. It is time for regulators and market participants to hone their strategies, by clearly establishing factors to adopt the digital radio and to facilitate its diffusion. The purpose of this study is to find adoption factors that affected to potential users of digital radio broadcasting. Former research based on diffusion of innovation theory showed that adoption of innovation is affected by demographic variables, media usage and consumer's attitude of innovation. In this study based on a consumer survey, we examined those factors and characteristics of each steps that suggested in diffusion of innovation theory. The findings of this study have implications to explore the suitable technologies and services of digital radio broadcasting.