• Title/Summary/Keyword: Share

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Information Cascade and Share Market Volatility: A Chinese Perspective

  • Hong, Hui
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.4
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    • pp.17-24
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    • 2016
  • The purpose of this paper is to understand the underlying dynamics for the share market bubbles in China during the most recent decade. By using the behavioral finance theory and the Shanghai Composite index prices during the periods from 2005 to 2008 and from 2014 to 2015 as the study samples, we find that the large volatilities in the Chinese share market are closely related to information blockage, which impedes share prices to timely respond to economic conditions as well as external shocks and increases (decreases) the demand of shares when the supply is difficult to adjust. Although the Chinese government has introduced a series of programs designed to increase more reliable information to the public, the share market still tends to confront issues of information asymmetry. The potential reason is that the reforms did not change the long-stand situation in China, where individuals or groups related to government bureaucracy who play a dominant role in the society are given priority to gain access and obtain information that benefits. By identifying the main reasons for the large volatilities in the market, policy makers are given advice as to which areas they may need to focus on to improve future market performance.

The Planning Characteristics Analyzed by Spatial Composition of Domestic Share House

  • Lee, Jae-Hyouck;Kim, Young-Hoon
    • KIEAE Journal
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    • v.17 no.4
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    • pp.5-12
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    • 2017
  • Purpose: Recently, a sudden increase in one household in Korea has become an important social problem. Changes in lifestyles such as population change, marriage, childbirth, and divorce are becoming increasing factors for single-family households. As a result of these changes, the government has implemented policies for one accredited state. However, the policy for one domestic applicant is insufficient compared to other countries. As a measure to cope with the increase in the number of applicants, Shared House has emerged and research on Shared House is necessary. Method: First, we analyze the overall characteristics of domestic share house. And it does a spatial analysis of domestic share house. Especially, it analyzes the relationship between private space and public space. Finally, the plan characteristics are derived based on the analysis results. Result: The results are as follows. First, the type of share house is classified according to the combination of the arrangement of private space and the public space. Second, the larger the scale, the more vertical arrangement than horizontal arrangement. Finally, the character of the share house changes according to the characteristics of the resident.

Application of a Hybrid System of Probabilistic Neural Networks and Artificial Bee Colony Algorithm for Prediction of Brand Share in the Market

  • Shahrabi, Jamal;Khameneh, Sara Mottaghi
    • Industrial Engineering and Management Systems
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    • v.15 no.4
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    • pp.324-334
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    • 2016
  • Manufacturers and retailers are interested in how prices, promotions, discounts and other marketing variables can influence the sales and shares of the products that they produce or sell. Therefore, many models have been developed to predict the brand share. Since the customer choice models are usually used to predict the market share, here we use hybrid model of Probabilistic Neural Network and Artificial Bee colony Algorithm (PNN-ABC) that we have introduced to model consumer choice to predict brand share. The evaluation process is carried out using the same data set that we have used for modeling individual consumer choices in a retail coffee market. Then, to show good performance of this model we compare it with Artificial Neural Network with one hidden layer, Artificial Neural Network with two hidden layer, Artificial Neural Network trained with genetic algorithms (ANN-GA), and Probabilistic Neural Network. The evaluated results show that the offered model is outperforms better than other previous models, so it can be use as an effective tool for modeling consumer choice and predicting market share.

School-Community Cooperation - A Case Study of Facility Share between the Middle School and the Community in Seong Dong Gu - (학교와 지역사회의 시설 공동 활용 - 성동구의 중학교와 지역사회의 시설 교차 이용을 중심으로 -)

  • Min, Chang-Kee
    • Journal of the Korean Institute of Educational Facilities
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    • v.4 no.1
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    • pp.5-20
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    • 1997
  • This paper is to survey the cooperation between the school and the community with respect to the degree of share of their facilities. The hypothesis of this paper is that the share of facilities between the school and the community is helpful for the two. That is, the community, using the school facilities, can educate to upgrade its people to higher social level. The school, using the community facilities, can compensate insufficient school facilities and facilitate student learnings. This paper employed both a literature survey and a case study approach explained by the case of Seong Dong Gu and its schools. This paper argued that the share of the facilities between the school and the community is needed to facilitate student learnings and to upgrade community people to higher level. Thus, government should encourage the cooperation between the two. This paper found that the school can use other schools' facilities, camping facilities, various types of private institute, community libraries, social welfare centers, athlentic facilities, and park facilities in the community. Most of the facilities are rested during school hours and are vacant more or less after school hours, so that there are still room for share the facilities with the students. This paper found that the community can easily use school facilities for life-long education programs, house-wife classes, athlentic programs for daily life, recreation classes for community people because the school is located in the center of the community. These programs using school facilities can encourage to upgrade community persons' social levels. However, this paper found that the degree of community use is insufficient to fulfil the school facilities. Only a few percent of the school class rooms and other facilities are used by the community. Therefore this paper asserted that community education programs using school facilities should be expanded. This paper recommended, based on the findings, that governments should encourage the cooperation between the school and the community to facilitate student's learnings and to upgrade community people to higher level. Also it recommended that the school should share more community facilities and that the community should share more school facilities.

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Implementation of A Networked Collaboration Engine for Virtual Architectural Bngineering Application (가상 건축 엔지니어링 응용을 위한 네트워크 공유작업 엔진의 구현)

  • Song, Gyeong-Jun;Go, Dong-Il;Kim, Jong-Seong;Maeng, Seong-Hyeon
    • Journal of KIISE:Computer Systems and Theory
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    • v.28 no.12
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    • pp.642-652
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    • 2001
  • Recently, the advent of World-Wide-Web(WWW) and the explosive popularity of the Internet gave birth to collaborative applications which were enabled by computers and networks as their primary media. The progress of 3D computer graphics enabled collaborative application with 3D virtual environments or distributed virtual environments. In this paper, we explain our implementation of the Share collaboration engine which is for collaboration applications based on a distributed virtual environment. We introduce Virtual Architectural Engineering 2000 (VAE2000) that is our pilot application implemented with the Share collaboration engine. The Share collaboration engine proposes a new Share network architecture for management of participants, and it provides some synchronization methods for 3D objects in virtual collaboration. VAE2000 is an experimental application that tries to prevent wastes of human, material and time resources in networked virtual collaboration.

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Design of the Waiting List based O2O Service Platform for the Share House (쉐어하우스를 위한 웨이팅 리스트 기반의 O2O 서비스 플랫폼 구현)

  • Phyo, Gyung-soo;Park, Jin-tae;Kim, Hyun-gook;Moon, Il-young
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2016.10a
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    • pp.681-683
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    • 2016
  • Recently, sharing economy is getting the attention of the public. So this phenomenon to share their goods, home, gifts, etc. in various fields has been increased. Typically when traveling away from home to host as "Airbnb", the share house to share their homes are traded most actively. Through a share house host can make money using house empty, customers can take advantage of the hostel while traveling at low prices. The existing share house system must ensure that every time they empty the house Customers, host had the inconvenience of having to wait for the application of the tenant customers. To solve this problem and to implement a service platform based on the waiting list. Through this platform, customers will be able to eliminate the inconvenience of having to find the house every time you want to apply for a tenant waiting to get home, give the order to wait.

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A Study on Variables Influencing Knowledge Sharing of Public Official in Department of Social Welfare (사회복지담당공무원의 관계적 요인이 지식공유에 미치는 영향 - 지식공유의도의 매개효과를 중심으로 -)

  • Kim, Sung-Han;Lee, Mi-Rim;Jeong, Hae-Sook
    • Korean Journal of Social Welfare Studies
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    • v.41 no.1
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    • pp.281-306
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    • 2010
  • The purpose of this study is to look for the factors that facilitate knowledge sharing among public official in the department of social welfare, and to find whether the intention to share knowledge influences the knowledge sharing. In order to accomplish the purpose of the research model, the independent variables were trust, openness in communication, anticipated reciprocal relationship, and efficacy. The intervening variable was intention to share knowledge, and the dependent variable was knowledge sharing. The significant finding that came out of this research model is that trust, anticipated reciprocal relationship and efficacy positively influenced the intention to share knowledge. Efficacy positively affected knowledge sharing. Intention to share knowledge had a significant influence on the knowledge sharing. According to the results of this study, in order to improve effective knowledge sharing in the public sector or in the private sector, we suggested that social workers have to consider why they should share knowledge in the social welfare organization. Social workers in the public sector or in the private sector must develop ways to share the knowledge possessed within the organization with the people who need that knowledge.

Analysis of Export Competitiveness of Gwangyang Port Using Constant Market Shares Analysis, Shift-share Analysis, and Comparative Advantage (Disadvantage) by Countries (불변시장점유율분석, 변이할당분석, 국별비교우위지수, 국별비교열위지수를 이용한 광양항의 수출경쟁력 분석)

  • Mo, Soo-Won
    • Journal of Korea Port Economic Association
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    • v.33 no.3
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    • pp.91-104
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    • 2017
  • This paper examines the export structure of Gwangyang Port and evaluates its comparative advantage from 2005 to 2016 using the Comparative Advantage by Countries (CAC) index. It is found that: (i) Gwangyang Port has a comparative advantage in HS 39 and HS 28, an unstable comparative advantage in HS 29 but a comparative disadvantage in HS 72; and (ii) 4 items have the common features of losing their comparative advantage. Constant market share analysis allows one to evaluate why the exports of one region may grow faster than world exports. This consists of the commodity composition effect, the scale effect, and the competitive effect. Constant market share analysis shows that the commodity composition effect influences exports negatively while the scale effect does exports positively. Shift-share analysis can help evaluate the change in a region's performance relative to the nation over a given period of time. The result indicates that HS 28 has not only favorable industrial mix effect but high competitive share effect, while HS 29 has unfavorable industrial mix effect as well as low competitive share effect. This paper also reveals that industrial mix effect of HS 39 is positive but its competitive share effect is negative, whereas the former is negative but the latter is positive in case of HS 29.

Does the Market Share Matter for the Effects of FTAon ERPT and Price Competition Structure Among Exporting Countries?: Case of Major Fishery Import Markets in South Korea (시장점유율이 FTA의 환율전가도 영향 및 수출가격경쟁구조에 미친 영향: 국내 주요 수산물 수입시장을 대상으로)

  • Eun-Son Lim
    • Korea Trade Review
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    • v.48 no.2
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    • pp.129-151
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    • 2023
  • This study explores whether market share matters for ERPT and also for the effects of FTA on ERPT among exporting countries in the four major fishery import markets - frozen pollock, frozen mackerel, frozen tuna, and frozen spawn in South Korea. In addition, I investigate whether market share matters for price competition among exporting countries. For this, I estimate the export price equation based on the maximum likelihood method by utilizing data on export price in terms of Korean currency, and the cross rate between South Korea and the exporting countries from 2010:M1 to 2019:M12 for the four major fishery import markets. According to the findings, the market share of exporting countries in the import markets matters for the positive effects of FTA on ERPT; however, it is hard to find the relation between the market share of exporting counties and ERPT. In addition, I find little evidence on the effects of market share on price competition structures among exporting countries. I believe that this study helps domestic fishery producers to understand that ERPT, the effect of FTA on ERPT, and price competition structures among exporting countries would be affected by the market share of each exporting country in the major fishery import markets in South Korea. Also, this study would help domestic fishery producers to think about how to deal with the effects of the change in the exchange rate on fishery markets for each FTA partner according to its market share after FTA is effective.

A study on Mobile SNS Attributes Effects on Information share, Relationship formation, and User satisfaction (모바일 SNS속성이 관계형성과 정보공유를 매개로 사용자 만족도에 미치는 영향)

  • Sim, Sun-Hee;Moon, Jae-Young
    • Journal of Korean Society for Quality Management
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    • v.40 no.1
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    • pp.60-72
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    • 2012
  • This research conducted a survey targeting mobile SNS users in order to see whether mobile SNS attribute( accessibility, usefulness, newness, connectivity) through the medium of information share and relationship formation had a positive influence on user satisfaction. The results of the analysis showed that usefulness and accessibility had a significant influence on information share, while accessibility and connectivity had a significant influence on relationship formation. Information share and relationship formation both had a significant influence on user satisfaction. Based on this research, an angle of approach different from the business transactions and information services offered in existing mobile networks is necessary when corporations provide SNS through mobiles. When considering that the most important part in the use of mobile SNS is the social component, this can be actively used for the development and marketing of SNS services. Therefore, the SNS provider must focus its efforts on finding a method to stimulate user sensibilities in order to increase customer satisfaction and draw out continuous usage.