• Title/Summary/Keyword: Transaction characteristics

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Social Network Analysis for the Effective Adoption of Recommender Systems (추천시스템의 효과적 도입을 위한 소셜네트워크 분석)

  • Park, Jong-Hak;Cho, Yoon-Ho
    • Journal of Intelligence and Information Systems
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    • v.17 no.4
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    • pp.305-316
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    • 2011
  • Recommender system is the system which, by using automated information filtering technology, recommends products or services to the customers who are likely to be interested in. Those systems are widely used in many different Web retailers such as Amazon.com, Netfix.com, and CDNow.com. Various recommender systems have been developed. Among them, Collaborative Filtering (CF) has been known as the most successful and commonly used approach. CF identifies customers whose tastes are similar to those of a given customer, and recommends items those customers have liked in the past. Numerous CF algorithms have been developed to increase the performance of recommender systems. However, the relative performances of CF algorithms are known to be domain and data dependent. It is very time-consuming and expensive to implement and launce a CF recommender system, and also the system unsuited for the given domain provides customers with poor quality recommendations that make them easily annoyed. Therefore, predicting in advance whether the performance of CF recommender system is acceptable or not is practically important and needed. In this study, we propose a decision making guideline which helps decide whether CF is adoptable for a given application with certain transaction data characteristics. Several previous studies reported that sparsity, gray sheep, cold-start, coverage, and serendipity could affect the performance of CF, but the theoretical and empirical justification of such factors is lacking. Recently there are many studies paying attention to Social Network Analysis (SNA) as a method to analyze social relationships among people. SNA is a method to measure and visualize the linkage structure and status focusing on interaction among objects within communication group. CF analyzes the similarity among previous ratings or purchases of each customer, finds the relationships among the customers who have similarities, and then uses the relationships for recommendations. Thus CF can be modeled as a social network in which customers are nodes and purchase relationships between customers are links. Under the assumption that SNA could facilitate an exploration of the topological properties of the network structure that are implicit in transaction data for CF recommendations, we focus on density, clustering coefficient, and centralization which are ones of the most commonly used measures to capture topological properties of the social network structure. While network density, expressed as a proportion of the maximum possible number of links, captures the density of the whole network, the clustering coefficient captures the degree to which the overall network contains localized pockets of dense connectivity. Centralization reflects the extent to which connections are concentrated in a small number of nodes rather than distributed equally among all nodes. We explore how these SNA measures affect the performance of CF performance and how they interact to each other. Our experiments used sales transaction data from H department store, one of the well?known department stores in Korea. Total 396 data set were sampled to construct various types of social networks. The dependant variable measuring process consists of three steps; analysis of customer similarities, construction of a social network, and analysis of social network patterns. We used UCINET 6.0 for SNA. The experiments conducted the 3-way ANOVA which employs three SNA measures as dependant variables, and the recommendation accuracy measured by F1-measure as an independent variable. The experiments report that 1) each of three SNA measures affects the recommendation accuracy, 2) the density's effect to the performance overrides those of clustering coefficient and centralization (i.e., CF adoption is not a good decision if the density is low), and 3) however though the density is low, the performance of CF is comparatively good when the clustering coefficient is low. We expect that these experiment results help firms decide whether CF recommender system is adoptable for their business domain with certain transaction data characteristics.

The Effects of Complex Commercial Facility on the Prices of Nearby Apartments (복합상업시설이 인근 아파트 가격에 미치는 영향)

  • Kim, Yen-Uk;Chun, Hae-Jung
    • Journal of Digital Convergence
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    • v.20 no.3
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    • pp.231-240
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    • 2022
  • This study empirically analyzed the effect of complex commercial facilities on the price of nearby apartments in a Hedonic price model. The spatial range of this study was the walking area of H Department Store located in Pangyo among the second new towns suburb of Seoul, and the time range was 2020. The dependent variable was the real transaction price of the apartment, and independent variable were the characteristics of the housing, the characteristics of the complex, and the characteristics of the region. As a result of the analysis, the area of exclusive use space, the transaction floor, and the highway accessibility had a positive effect on the price of the apartment, and the elapsed year had a negative effect on the price of the apartment. However, the size of the apartment had little effect on apartment prices, and the distance from the complex commercial facilities was shown to be related to apartment prices, indicating that apartment prices declined as it moved away from the complex commercial facilities. Therefore, this is much more influential than the influence of distance from subway stations on apartment price. This confirms that the effect factors of apartment prices and the size of their influence appear differently in the new town area and the existing metropolitan area.

A Study on Effects of Repurchase Intention of Consumer Innovativeness and Website Characteristics: Focused on Consumer of Overseas Direct Purchase

  • LEE, Hye-Jeong;LEE, Jong-Ho
    • The Journal of Industrial Distribution & Business
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    • v.12 no.2
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    • pp.29-40
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    • 2021
  • Purpose: In this study, with the transaction amount of foreign direct Purchase and foreign direct sales increasing, South Korea is in a situation where foreign direct sales are focused on China. We looked at the impact of consumer innovation and site characteristics on repurchase ability among the characteristics of overseas direct purchase consumers as a way to make direct overseas sales to various overseas countries. Research design, data and methodology: Consumer innovativeness consists of four variables: functional, hedonistic, social, and cognitive, and the site characteristics consisted of four variables: product price, product assortment, convenience, and service. The study was conducted on consumers with foreign direct purchase experience, and was finally used in 252 additional analyses. Results: The main findings of this study were first, that the impact on the degree of re-purchase among consumer innovativeness of foreign direct purchase consumers had a significant impact in the order of cognitive innovativeness, hedonistic innovativeness, and functional innovativeness. Social innovativeness did not affect the degree of re-purchase. Second, site characteristics have been found to have a significant impact on the degree of re-purchase in order of product assortment, commodity price, and service. Convenience did not affect the degree of re-purchase. Conclusions Taken together these results can be called the biggest characteristic of the cognitive innovativeness of the consumer's inclination to use the overseas direct purchase, the price or quick response of the goods sold on the site is a factor that affects the re-purchase, above all it is important to have a variety of products. We will present this element as a way to make direct sales abroad to various countries. In addition, foreign direct purchase is a lot of transactions in China, the United States, EU, but the share of China is high in foreign direct sales, and the U.S. and EU have a very low performance, it is important to consider the reasons why they prefer Korean products in China to study the social and cultural characteristics of U.S. and European consumers in the future, and to support and active marketing that companies and sellers can increase sales.

Performance Evaluation of Slotless Permanent Magnet Linear Synchronous Motor Energized by Partially Excited Primary Current

  • Jung, Sang-Yong;Chun, Jang-Sung;Jung, Hyun-Kyo
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.11B no.3
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    • pp.86-92
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    • 2001
  • This paper is presented for evaluating the performance of slotless Permanent Magnet Linear Synchronous Motors (PMLSM) Which is energized by partially excited primary current. Especially the influence of end-effect due to the moving magnet is investigated in detail. Also partial excitation of primary current for better efficiency and its switching behavior are suggested Capability of PMLSM which is related to speed-force feasibility judging whether motor can meet the desired specifications in the dynamics are investigated. Furthermore control characteristics of PMLSM are considered to verify the validity of dynamic capability in running condition.

Unity Power Factor Control of SRM Drive

  • Park, Sung-Jun;Lee, Dong-Hee;Ahn, Jin-Woo;Kim, Cheul-U
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.11B no.4
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    • pp.193-199
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    • 2001
  • This paper suggests a novel single-stage drive for a switched reluctance motor (SRM) to achieve sinusoidal, near unity power factor input currents. The proposed drive is very simple without additional active switch. As a single-stage approach, which combines a DC link capacitor used as dc source and a drive used for driving the motor into one power stage, a simple structure and low cost drive in implemented. A prototype drive for an 8/6 pole SRM equipping a suitable encoder is designed to evaluate the proposed topology. Also subscription control algorithm is presented. The characteristics and validity of the proposed circuit will be discussed in depth through the experimental results.

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Analysis Method Using Equivalent Circuit Considering Harmonic Components of the Pole Change Motor

  • Nam Hyuk;Jung Tae-Uk;Kim Young-Kyoun;Jung Seung-Kyu;Hong Jung-Pyo
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.5B no.2
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    • pp.162-167
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    • 2005
  • This paper deals with the method of characteristic analysis of the capacitor-run single- phase induction motor having two poles (4-pole and 2-pole). This motor, which is referred to as a pole change motor in this paper, is capable of variable speed operation without inverters or drives. However, speed-torque curve can be distorted by the harmonic components contained in the magnetic flux density distribution. Therefore, the characteristics of this motor are analyzed using equivalent circuit considering harmonic components and the simulation results are compared with the experimental results.

Analysis and Control Parameter Estimation of a Tubular Linear Motor with Halbach and Radial Magnet Array

  • Jang Seok-Myeong;Choi Jang-Young;Cho Han-Wook;Lee Sung-Ho
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.5B no.2
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    • pp.154-161
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    • 2005
  • In the machine tool industry, direct drive linear motor technology is an interesting means to achieve high acceleration, and to increase reliability. This paper analyzes and compares the characteristics of a tubular linear motor with Halbach and radial magnet array, respectively. First, the governing equations are established analytically in terms of the magnetic vector potential and two dimensional cylindrical coordinate systems. Then, we derive magnetic field solutions due to the PMs and the currents. Motor thrust, flux linkage and back emf are also derived. The results are shown to be in good conformity with those obtained from the commonly used finite element method. Finally, control parameters are obtained from analytical solutions.

Thermal Analysis of the Natural Convection Cooling Type Transformer

  • Oh Yeon-Ho;Song Ki-Dong;Sun Jong-Ho
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.5B no.2
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    • pp.142-145
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    • 2005
  • The life expectancy of a transformer largely depends on the temperature-rise it experiences. If the temperature-rise exceeds limits specified in the design standards, the aging of insulating materials is accelerated and the capability of the cooling medium is deteriorated. Consequently, applicable limits for the temperature-rise are essential in designing the transformer and the coolers, demanding the estimation of the transformer's thermal behavior. In order to analyze the temperature characteristics of the transformer, numerical analysis by way of the commercial CFD code has been carried out, and temperature-rise testing to verify computed results was performed. The results obtained in this study show that there is a good agreement between computed outcomes and experimental outcomes.

A Coupled Circuit and Field Analysis of a Stand-Alone Permanent-Magnet Synchronous Generator with Inset Rotor

  • Chan T. F.;Yan Lie-Tong;Lai L. L.
    • KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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    • v.5B no.3
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    • pp.253-257
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    • 2005
  • By using a coupled circuit, time-stepping, two-dimensional finite element method (2-D FEM), the performance of a stand-alone permanent-magnet synchronous generator (PMSG) with inset rotor can be computed without involving the classical two-axis model. The effects of interpolar air gap length and armature resistance on the load characteristics are investigated. It is shown that the interpolar flux density, and hence the amount of voltage compensation, is affected by magnetic saturation. Validity of the coupled circuit and field analysis is confirmed by experiments on a prototype generator. The machine exhibits an approximately level load characteristic when it is supplying an isolated unity-power-factor load.

An Empirical Study on Verification and Prediction of Non-Linear Dynamic Characteristics of Stock Market Using Chaos Theory (혼돈기법을 이용한 주가의 비선형 결정론적 특성 검정 및 예측)

  • 김성근;윤용식
    • The Journal of Information Technology and Database
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    • v.6 no.1
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    • pp.73-88
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    • 1999
  • There have been a series of debates to determine whether it would be possible to forecast dynamic systems such as stock markets. Recently the introduction of chaos theory has allowed many researchers to bring back this issue. Their main concern was whether the behavior of stock markets is chaotic or not. These studies, however, present divergent opinions on this question, depending upon the method applied and the data used. And the issue of predictability based on the nonlinear, chaotic nature was not dealt extensively. This paper is to test the nonlinear nature of the Korea stock market and accordingly attempts to predict its behavior. The result indicates that our stock market represents a chaotic behavior. We also found out based on our simulation that executing buy/sell transactions based upon forecasts which were derived using the local approximation method outperforms the decision of holding without a buy/sell transaction.

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