• Title/Summary/Keyword: Market-Maker

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A Study on the Business Models of B2B eMarketplace (B2B 전자시장에서의 비지니스 모델)

  • 조원길
    • The Journal of Information Technology
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    • v.4 no.3
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    • pp.125-138
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    • 2001
  • A classification was provided of various business models that are currently found in internet electronic commerce(business-to-business as well as business - to consumer). Some of these models are essentially an electronic re-implementation of traditional forms of doing business, such as e-shops. Many others go far beyond traditional business such as value chain integration and seek innovative ways to add value through information management and a rich functionality. Creating these new business models if feasible on]y because of the openness and connectivity of the internet. This study explored independent and industry-backed current and future business models that are emerging in the B2B electronic market industry, as well as value -added service models for the Net market maker industry, The protected rapid growth of B2B electronic market will cause a highly competitive environment. The B2B electronic market that deliver on real lasting value will dominate and ultimately earn for themselves a long-term Place in the landscape of the new economy.

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Prospects of Japan's Electronic Vehicle Market: An Analysis Through Toyota Motors' Hybrid Vehicle Deployment (도요타의 하이브리드 자동차 보급 사례 분석을 통한 일본 전기자동차 시장에 대한 전망)

  • Ko, Woo Li;Kim, Kyunghwan
    • Journal of East Asia Management
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    • v.5 no.1
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    • pp.75-90
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    • 2024
  • About 100 years after the start of mass production by American car maker Ford in 1913, the automobile industry has come to a major transformation in 100 years. In this transformation period, automakers are facing the biggest challenge of converting power sources, the basis of automobiles, from existing internal combustion engines to electric vehicles. Hybrid vehicles have been released in Japan since the late 1990s, and changes in automobile power sources have occurred early. In order to gain global leadership in hybrid vehicles, Japanese automakers and the Japanese government joined forces to promote the growth of the domestic hybrid vehicle market. The government has implemented a policy to substantially subsidize the high price of hybrid cars compared to internal combustion engine cars by providing purchase subsidies and tax benefits to buyers. Toyota has increased its line-up of hybrid cars around the Prius and has further strengthened communication with customers for the sale of hybrid vehicles. As a result of continuing these efforts for about 20 years, the percentage of Japan's hybrid vehicle market in 2022 reached 51% for passenger cars. Recently, each country has been setting and promoting aggressive goals for electric vehicles that require a wider range of physical and institutional infrastructure than hybrid vehicles. This study aims to assess the growth of electric vehicles by looking at the trend of hybrid vehicles and how they've been distributed in the Japanese market.

The Role of Investor Behavioral Biases in Investment Decisions

  • Singh, Tarika;Gupta, Monika
    • Journal of Distribution Science
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    • v.13 no.11
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    • pp.31-37
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    • 2015
  • Purpose - This study is an effort to assess the role of behavioral biases in investment decision making, specifically for mutual funds, and the moderating role of the investor. Individual investment behavior is concerned with choices about purchasing various securities. However, behavioral finance disputes the concept of perfect rationality and identifies psychological factors and their impact on decision-making. Research design, data, and methodology - A survey questionnaire was designed and used to collect responses using a judgmental sampling technique from 290 investors in the Gwalior Region. Cronbach's Alpha, factor analysis, and linear regression were all used to test the influence of behavioral biases on investment decision. Results - We found that the behavioral biases have a positive impact on investment decisions. Conclusions - This study's results identified three factors influencing investor behavior(rationale, investment skills, and profit making) and four factors influencing investor decisions (profit maker, market analysis, investment plan, seller). The overall results of the study also show that there is no significant relationship between investor behavior and investment decisions by gender in the market.

Analysis on CC Evaluation Demand and Selection of IT Security Products to be evaluated under CC Scheme in Korea (CC 평가수요 분석 및 차기 평가대상 제품군 선정)

  • 오흥룡;염흥열
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.14 no.5
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    • pp.79-95
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    • 2004
  • The Common Criteria can be used as a guideline for one CCRA member to avoid re-evaluating IT security products which were already evaluated by other CCRA members. In this paper, we have analyzed the evaluated IT security products under CC scheme in several nations, such as Unite States, Great Britain and Australia. and defined new category of the IT security products for the domestic CC evaluation. And we have analyzed the domestic and international market on the information security products, have conducted a poll to receive opinions and demands of the Korean industries for Korea policy decision maker to select the possible IT security products which will be evaluated in Korea under CC scheme. As a conclusion, we have selected 15 IT products based on the response to a poll by the industries, the market size, the evaluation amount demanded by the user, manufacturer, and evaluator, to select the possible IT security product under CC schemes in Korea during next 5 years. Moreover, the characteristics, the benefit, and the demerit of the selected IT products were analyzed. This paper can be used as a guideline document for Korea policy decision maker to select the IT products to be evaluated under CC scheme in Korea for next 5 years.

Evaluation of Regional Knowledge Innovation System in China: An Economic Framework Based on Dynamic Slacks-based Approach

  • CHIU, Sheng-Hsiung;LIN, Tzu-Yu
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.3
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    • pp.141-149
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    • 2019
  • The paper proposes a knowledge innovation performance model by the dynamic data envelopment analysis with slacks-based measure approach for evaluating the effectiveness of 30 regional knowledge innovation activities in China from 2010 to 2016. In recent years, China has paid more attention to knowledge innovation activities, as central and local governments have pushed on with their innovation projects by lots of investment whatever the difficulties may be. Decision-maker is usually interested in judge its knowledge innovation performance relative to target benchmark by exploring whether one provincial administration region performs better among others and/or if the growth of economy will be benefited greatly by the knowledge innovation activities. To acquire the managerial insight about this issue from a comprehensively designed performance evaluation model, knowledge innovation activity is conceptualized as an intertemporal production process. Invention patent and regional gross product are imposed on desirable outputs, highlighting the need for knowledge economy. The empirical result shows that knowledge innovation has a positive effect on economic development. At the same time, decision-maker should be interest in the economic effect of patents' type and quality. The government should then encourage new technical applications with greater commercial value from a market-oriented perspective, in order to benefit the most from the innovation process in the short-run.

Web 3.0 Business Model Canvas of Metaverse Gaming Platform, The Sandbox

  • Song, Minzheong
    • International journal of advanced smart convergence
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    • v.13 no.2
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    • pp.119-129
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    • 2024
  • We look at Web 3.0 business model canvas (BMC) of metaverse gaming platform, The Sandbox (TS). As results, the decentralized, blockchain-based platform, TS benefits its creators and players by providing true ownership, tradability of decentralized assets, and interoperability. First, in terms of the governance and ownership, The SAND functions a governance token allowing holders to participate in decision and SAND owners can vote themselves or delegate voting rights to other players of their choice. Second, in terms of decentralized assets and activities, TS offers three products as assets like Vox Edit as a 3D tool for voxel ASSETS, Marketplace as NFT market, and Game Maker as a visual scripting toolbox. The ASSETS made in Vox Edit, sold on the Marketplace, can be also utilized with Game Maker. Third, in terms of the network technology, in-game items are no longer be confined to a narrow ecosystem. The ASSETS on the InterPlanetary File System (IPFS) are not changed without the owner's permission. LAND and SAND are supported on Polygon, so that users interact with their tokens in a single place. Last, in terms of the token economics, users can acquire in-game assets, upload these assets to the marketplace, use for paying transaction fees, and use these as governance token for supporting the foundation.

Analysis of Pattern Shape and Types for Non-woven Protective Coverall on Domestic Market (시판 부직포 전신 보호복의 패턴형상 및 유형분석)

  • Moon, Jeehyun;Jeon, Eunkyung
    • Journal of the Korean Society of Clothing and Textiles
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    • v.40 no.2
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    • pp.273-286
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    • 2016
  • Protective coveralls are very uncomfortable to work in comparison to ordinary top and bottom separated clothing. A pattern maker has to consider the size of the human body and human motion range when designing protective coverall patterns. It is difficult to produce well-fitted coveralls because of the lack of readymade patterns despite the increased need for protective coveralls at various jobs. Patterns are decomposed by unsewing 18 products in the domestic market to provide the fundamental information on developing patterns for protective coveralls. The characteristics and differences of pattern types are compared after grouping patterns with information taken from the analysis of the shapes and measurements of patterns from the acquired patterns. The results of the analysis showed that on-market protective coveralls were less curved but much linear when compared to ordinary clothing patterns; however, the breasts and crotch circumferences were very loose and bulky, which is quite different from the other all-in one style working clothes. For the pattern shapes, patterns are classified into waistline-seamed and bustline-seamed types. The result of the hierarchical cluster analysis with 27 measurement variables were classified into four groups. Types by shape and measurements were related to each other; therefore, we expect the information of each type to be used in developing protective clothing patterns.

Empirical Approach to Price Modeling in Electricity Market based on Stochastic Process (확률과정론적 기반의 전력시장가격모델링 기법)

  • Kang, Dong-Joo;Kim, Bal-Ho H.
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.4
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    • pp.95-102
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    • 2010
  • As the electric power industry is evolving into competitive market scheme, a new paradigm is required for the operation of market. Traditional dispatch algorithm was built based on the optimization model with an objective function and multiple constraints. Commercial market simulator followed the concept of the microeconomic model used in the dispatch algorithm, which is called as analytic method. On analytic method it is prerequisite to procure the exact data for the simulation. It is not easy anymore for each market participant to access to other participants' financial information while it used to be easy for monopoly decision maker to know all the information needed for the optimal operation. Considering the changing situation, it is required to introduce a new method for estimating the market price. This paper proposes an empirical method based on stochastic processes expected to build a capacity planning and long term contracts.

Improvement about Regulatory System of KRX Derivatives Trading: Focusing on Financial Consumer Protection (장내파생상품거래의 제도개선: 소비자보호를 중심으로)

  • Kim, Chisoo;Cheong, Kiwoong
    • International Area Studies Review
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    • v.16 no.3
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    • pp.239-266
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    • 2012
  • The purpose of this paper is to suggest desirable improvement for KRX derivatives market plagued with many problems in spite of its world level of quantitative growth. In order to try to find desirable improvement for KRX derivatives market which has many problems like that, I suggest various ways of improvement for regulatory system in the future in terms of behavioral regulation for investor protection. First of all, in order to relieve speculative tendency of trading, KOSPI200 option market with ATM-oriented option trading needs to be induced from the market in which OTM-oriented option is now trading. So discount or exemption of brokerage fee for ATM trading and the introduction of market-maker for ATM type can be considered. For the protection of individual investors, we suggest feasible plans such as differential regulation between professional and individual investors, consolidation of basic deposit management, and enlargement of opportunities for risk management education & simulation trading.

A Study on the role of buyers and sellers in e-Marketplace (e-Marketplace에서의 구매자와 판매자의 역할분석)

  • 조원길
    • The Journal of Information Technology
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    • v.5 no.1
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    • pp.157-171
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    • 2002
  • The evolution of transaction-based business model is upon us. The business models of many e-Marketplace in their early stages have typically been based on transaction fees. Many e-Marketplaces have even called out transaction revenues as a core element of their business plans. The transaction business represents the most simple of business models, but it does not provide a long-term sustain able advantage. For buyer's convenience, wide selection and test price hold appeal. For suppliers, the extended global market reach and direct access to customers and consortiums of customers is powerful. To maxmize leverage of these new e-marketplace, you must from both a buyer perspective as well as a supplier perspective. Also required is a strategy that takes in account all of the various e-Marketplace transaction standards and one that allows the easy accomodation to new e-marketplace as the market change. These new e-marketplace will need to be factored into the sales channel strategies. To be successful, integration with these e-marketplaces should occur at a complete business process level. This study explored independent and industry-backed current and future business models that are emerging in the B2B electronic market industry, as well as value -added service models for the Net market maker industry. E-Marketplaces will evolve into digital work environments in which real industry collaboration can occur.

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