• Title/Summary/Keyword: Panel Decision

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Entrepreneurial Costs as Determinants of the Decision on Getting Back From Self-Employment to Salary-Employment: A Social Psychological Approach (창업비용이 창업 후 재취업 (의사)결정에 미치는 영향: 사회심리학적 접근)

  • Lee, Juil;Kim, Sang-Joon
    • Korean small business review
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    • v.40 no.4
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    • pp.75-94
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    • 2018
  • This study captures the possibility that entrepreneurs can become an employee in a traditional organization (a company). Acknowledging that the career change from self-employment to salary-employment is not a trivial decision, we investigate how this career path can be made. As an exploratory approach, we take a social psychological perspective; in particular, we posit that entrepreneurial costs can affect the "getting-back" career decision. Given that career changes can be considered as a boundedly-rational choice, we claim that when the entrepreneurs are perceived as being stigmatized, these transaction-related costs will further engage in the "getting-back" career decision. To test these ideas, we sample 254 respondents from the database of Korea Education & Employment Panel (KEEP) and estimate the hazard ratio that an entrepreneur, who used to be an employee, becomes an employee with respect to entrepreneurial costs. With the results, we discuss how career changes (especially getting back to salary-employment) can be made through social evaluations of the entrepreneurs.

Uncertainty Characteristics in Future Prediction of Agrometeorological Indicators using a Climatic Water Budget Approach (기후학적 물수지를 적용한 기후변화에 따른 농업기상지표 변동예측의 불확실성)

  • Nam, Won-Ho;Hong, Eun-Mi;Choi, Jin-Yong;Cho, Jaepil;Hayes, Michael J.
    • Journal of The Korean Society of Agricultural Engineers
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    • v.57 no.2
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    • pp.1-13
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    • 2015
  • The Coupled Model Intercomparison Project Phase 5 (CMIP5), coordinated by the World Climate Research Programme in support of the Intergovernmental Panel on Climate Change (IPCC) AR5, is the most recent, provides projections of future climate change using various global climate models under four major greenhouse gas emission scenarios. There is a wide selection of climate models available to provide projections of future climate change. These provide for a wide range of possible outcomes when trying to inform managers about possible climate changes. Hence, future agrometeorological indicators estimation will be much impacted by which global climate model and climate change scenarios are used. Decision makers are increasingly expected to use climate information, but the uncertainties associated with global climate models pose substantial hurdles for agricultural resources planning. Although it is the most reasonable that quantifying of the future uncertainty using climate change scenarios, preliminary analysis using reasonable factors for selecting a subset for decision making are needed. In order to narrow the projections to a handful of models that could be used in a climate change impact study, we could provide effective information for selecting climate model and scenarios for climate change impact assessment using maximum/minimum temperature, precipitation, reference evapotranspiration, and moisture index of nine Representative Concentration Pathways (RCP) scenarios.

An effective classification method for TFT-LCD film defect images using intensity distribution and shape analysis (명암도 분포 및 형태 분석을 이용한 효과적인 TFT-LCD 필름 결함 영상 분류 기법)

  • Noh, Chung-Ho;Lee, Seok-Lyong;Zo, Moon-Shin
    • Journal of Korea Multimedia Society
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    • v.13 no.8
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    • pp.1115-1127
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    • 2010
  • In order to increase the productivity in manufacturing TFT-LCD(thin film transistor-liquid crystal display), it is essential to classify defects that occur during the production and make an appropriate decision on whether the product with defects is scrapped or not. The decision mainly depends on classifying the defects accurately. In this paper, we present an effective classification method for film defects acquired in the panel production line by analyzing the intensity distribution and shape feature of the defects. We first generate a binary image for each defect by separating defect regions from background (non-defect) regions. Then, we extract various features from the defect regions such as the linearity of the defect, the intensity distribution, and the shape characteristics considering intensity, and construct a referential image database that stores those feature values. Finally, we determine the type of a defect by matching a defect image with a referential image in the database through the matching cost function between the two images. To verify the effectiveness of our method, we conducted a classification experiment using defect images acquired from real TFT-LCD production lines. Experimental results show that our method has achieved highly effective classification enough to be used in the production line.

The Influence of Omni-channel Propensity and Regulatory Focus on Consideration Set Formation (옴니채널 성향, 조절초점과 고려상표군 형성에 관한 연구)

  • HAN, Sang-Seol
    • The Journal of Industrial Distribution & Business
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    • v.10 no.5
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    • pp.49-58
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    • 2019
  • Purpose - Consumer behaviors or decision-making process has been changing recently as the consumer environment, including mobile everyday life, has changed. In view of this changing consumer smart environment, this study aims to investigate structural relation about the influence omni-channel propensity and regulatory focus on consideration set formation. Research design, data, and methodology - In order to proceed with this study, we review previous studies and setting hypotheses. The hypothesis was verified through a survey that was conducted for university students with experience in purchasing in less than three months. With reference to previous studies, operational definition was made for the questionnaire design. From 2018 Nov. to 2019 Feb. Survey was conducted on the panel consumers who purchase item within that period. 315 collected survey data were used to verify hypotheses except the data that had incorrect values. This data were used for SPSS/AMOS for confirm hypothesis which developed by researcher. Results - The results of this study are as follows. First, Consumers were considering a more heterogeneous alternatives if they were more omni-channel propensity in the process of forming consideration set. Second, Consumers were more conscious of the price if they were more omni-channel propensity Third, Consumers were considering a more newness alternatives if they were more omni-channel propensity in the process of forming consideration set. Meanwhile, The results of the study on regulatory focus and consideration set relationships are as follows. Consumers were considering a more heterogeneous alternatives if they were more promotion focus tendency in the process of forming consideration set. Second, Prevention focus tendency were more conscious of the price in the process of considering alternatives. Third, Consumers were considering a more newness alternatives if they were more promotion focus tendency. Conclusions - Depending on the changing consumer environment, the omni-channel propensity was shown to influence the formation of the consideration set. Also, Regulatory focus of consumers significantly influence to formation of consideration set. this study also contributes to the development of the theory as well as the practical approach with understanding consumer decision process on smart(mobile) environment.

Cost and Profit Efficiency of Banks: Stochastic Frontier Analysis vs Data Envelopment Analysis

  • Baten, Md. Azizul;Kasim, Maznah Mat;Rahman, Md. Mafizur
    • Asia-Pacific Journal of Business
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    • v.6 no.2
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    • pp.1-17
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    • 2015
  • This study compares the most widely used parametric and non-parametric techniques to measure cost and profit efficiency of banks, namely the Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA). We formulate the specification form of both stochastic cost and profit frontier models and constant return to scale Cost DEA and Profit DEA models and provide an empirical assessment of the cost and profit frontiers based on a panel dataset of National Commercial Banks (NCBs) and Private Banks (PBs) in Bangladesh over the 2001-2010 period. The cost inefficiency and profit efficiency are slightly higher for PBs than NCBs in case of both SFA and DEA. The coefficients of advance and off-balance sheet items are significant that positively influence the banks in stochastic cost frontier model while the advance, other earning assets, price of borrowed fund are significant and negative effects on the banks in stochastic profit frontier model. The average cost inefficiency and average profit efficiency are recorded with 16.3% and 91% respectively. The highest and lowest cost inefficiency are observed for Janata Bank and United Commercial Bank Limited whilst the highest and lowest profit efficiency are recorded for Eastern Bank Limited and Janata Bank respectively. The average technical and allocative efficiency are 68.8% and 35.9%, respectively in case of CRS cost-DEA model whereas they are 70.3% and 31.8% in case of CRS profit-DEA model. The average cost inefficiency is recorded 6.3% by SFA whereas it is 24.5% by DEA. The average profit efficiency is found 91% by SFA while it is 22.1% by DEA, and SFA method shows better bank efficiency than DEA.

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An Analysis of Household Portfolio Changes and Household Characteristics : Financial decision making patterns during the economic crisis under IMF trusteeship (시장환경의 변화에 따른 가계포트폴리오 변화유형 및 각 유형별 가계특성 분석 : IMF 경제위기동안의 재무의사결정 유형)

  • 박주영;최현자
    • Journal of Families and Better Life
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    • v.20 no.6
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    • pp.151-162
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    • 2002
  • The instability in the current financial market caused consumers a lot of difficulties in their financial decision making. The purpose of this study is to classify the changes in household portfolios during the economic crisis under IMF-trusteeship (IMF Crisis hereafter), and to examine the characteristics of the households according to the types of household portfolio changes. The data were taken from 1996 and 1999 Korean Household Panel Studies, and 1,293 households were selected for the final analysis. Methods of analysis included frequencies, percentages, Chi-square tests, F-tests, and t-tests. Major findings are as follows: 1. In the midst of the financial market changes during the period of the IMF crisis, consumers tended to manage their household portfolio differently according to their household characteristics. 2. The changes of household portfolio can be classified into two different types: the changed type (44.4%) and the unchanged type(55.6%). There are significant differences in the level of wealth, family life cycle stage, housing tenure, and the household head's job, between the changed type and the unchanged type. The family members of the unchanged type are more likely to be older and relatively wealthy compared with the families in the changed type. 3. The changes of household portfolio can be further classified into six different types: the unchanged-liquidity type (21%), the unchanged-multiplication type (24.6%), the unchanged-insurance type (9.8%), the changed-to-liquidity type (13.9%), the changed-to-multiplication type (13.0%), and the changed-to-insurance type (17.5%). There are significant differences in income level, wealth level, family life cycle stage, housing tenure, and the job of household head among the six types of changes.

Effects of Online Information Characteristics of Food Service Franchise on Enjoyment, Anxiety, and Visit Intention (외식프랜차이즈 기업의 온라인 정보특성이 즐거움, 불안, 방문의도에 미치는 영향)

  • Kang, Byoung-Seoung;Woo, Sung-Keun;Lee, Shin-Hwa
    • The Korean Journal of Franchise Management
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    • v.10 no.1
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    • pp.7-17
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    • 2019
  • Purpose - Generally, the consumer's decision-making process for restaurant selection is simple and familiar. However, online information becomes important because the decision-making process of consumers becomes complicated in new restaurants and special situations. Because consumers can search for information online, information retrieval is now possible in selecting new restaurants. In particular, consumers often make decisions based on online information when making restaurant reservations. Research design, data, and methodology - All items were measured based on previous studies. The data were collected from customers who had visited the store by visiting the web page of the food service franchise within the last 3 months for the panel of the online survey institute. The questionnaires were surveyed from July 2 to July 11, 2018 for about 10 days. A mail and a message were sent to 2,000 people, and 310 people were asked to complete the questionnaire. Total of 303 data were used in the questionnaire, excluding 7 insufficient data. Results - The findings of this study are as follows: Consensus, vividness, and neutrality have positive effects on enjoyment. Consensus have positive effect on anxiety, but vividness and neutrality did not have significant effect on anxiety. Also, enjoyment has a positive influence on intention to visit, and anxiety has a negative influence on visit intention. Conclusions - First, franchise companies online advertising in a variety of ways, but they are mixed with other customers' WOM and offered to consumers. In this case, the information provided by the company may be distorted. Therefore, a restaurant franchise company needs to operate an official online channel to provide accurate information to its customers. Second, it is necessary to make contents so that other customers can participate in online channels of food service franchise companies. Third, food service franchise company should produce enough online contents to experience indirectly even if the customer does not visit the store directly. Fourth, food service franchise company needs to prepare a way for many customers to participate in many official contents.

Exploring the Factors Influencing Students' Career Maturity in Seoul City Middle School: A Machine Learning (머신러닝을 활용한 서울시 중학생 진로성숙도 예측 요인 탐색)

  • Park, Jung
    • The Journal of Bigdata
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    • v.5 no.2
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    • pp.155-170
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    • 2020
  • The purpose of this study was to apply machine learning techniques (Decision Tree, Random Forest, XGBoost) to data from the 4th~6th year of the Seoul Education Longitudinal Study to find the factors predicting the career maturity of middle school students in Seoul city. In order to evaluate the machine learning application result, the performance of the model according to the indicators was checked. In addition, the model was analyzed using the XGBoostExplainer package, and R and R Studio tools were used for this study. As a result, there was a slight difference in the ranking of variable importance by each model, but the rankings were high in 'Achievement goal awareness', 'Creativity', 'Self-concept', 'Relationship with parents and children', and 'Resilience'. In addition, using the XGBoostExplainer package, it was found that the factors that protect and deteriorate career maturity by panel and 'Achievement goal awareness' is the top priority factor for predicting career maturity. Based on the results of this study, it was suggested that a comparative study of machine learning and variable selection methods and a comparative study of each cohort of the Seoul Education Termination Study should be conducted.

The Chilling Trade Effects of Provisional Anti-dumping Duties: The Case of Korea

  • Sun, Joo Yeon
    • Journal of Korea Trade
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    • v.24 no.3
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    • pp.1-19
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    • 2020
  • Purpose - This study empirically analyzes the effects of provisional anti-dumping duties levied on imports by Korea following anti-dumping investigations. An anti-dumping duty is a legal tool that countries use to impose duties on imports to offset injurious dumping. This study verifies how effective the imposition of a provisional anti-dumping duty is and whether such duties have trade chilling effects on aggregate imports. Specifically, this study examines import trade diversion from named to unnamed countries caused by the imposition of provisional anti-dumping duties. Design/methodology - This empirical analysis employs an econometric model of provisional anti-dumping measures for cases in which Korea imposed final affirmative anti-dumping measures. We construct a monthly panel dataset for each stage of anti-dumping investigation undertaken by Korea for all manufacturing industries during 1995-2013. We illustrate a stage-by-stage analysis of anti-dumping investigations from initiation, preliminary decision, imposition of provisional duty, final affirmative decision, and imposition of final affirmative duty on a monthly basis at the six-digit harmonized system code-level. Findings - For cases in which provisional duties are imposed, the reduction in imports from named countries outweighs the increase in imports from unnamed countries. The substantial reduction in imports from named countries is large enough to offset the import diversion to unnamed countries, suggesting that import diversion in investigations is limited during the investigation period. Therefore, the use of provisional anti-dumping duties in Korea is effective, providing evidence of a chilling effect on aggregate imports. Originality/value - Few studies examine the size of the effects on import trade diversion of the imposition of provisional anti-dumping duties. We contribute to the literature by disentangling separate trade effects for each phase of the anti-dumping investigation process and imposition of provisional duty.

A Study on the Support Policy for Woman Farmers by Role Types in Korea (여성농업인의 역할 유형별 정책적 지원방안)

  • Kim, Gyung-Mee;Choe, Yoon-Ji;Lee, Jin-Young;Koh, Woon-Mee
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.2
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    • pp.359-369
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    • 2004
  • The objectives of this study were: a) to classify the rural women's roles according to degree of participation in farming and decision making, b) to find out the needs for support policy considering the role types, and c) to put forward the programs for supporting rural women according to their role types. This study was based on a literature review, empirical analysis, and opinions from a panel of experts and professionals including rural women in Korea. Based on the findings from this study, the following suggestions should be considered for supporting the rural women according to the types of their roles: 1) Government should enhance the support system for rural women in terms of policy and social system. Careful considerations on the status of woman farmers according to their role types should be reflected in the policy and social system. 2) Family cultural reform, farming helper system, reducing the housework burden, supporting educational expenses, and providing more opportunities for closer contact to the community actions and educational programs should be included in the support system. 3) Rural women's participation in various community action and educational programs should be encouraged by providing diverse incentives, appropriate information and educational supports designed to support woman farmers.

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