• Title/Summary/Keyword: Transaction characteristics

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Two Factors of Overseas Online Shopping : Self-Efficacy and Impulsivity (해외직접구매의 두 요소 : 자기효능감과 구매충동성)

  • Lee, Han-Suk
    • Journal of Distribution Science
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    • v.16 no.8
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    • pp.79-89
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    • 2018
  • Purpose - This research aims to investigate the factors that influence consumer's overseas online shopping behavior. Consumers adopt overseas online shopping as a new buying way and more and more consumers prefer overseas online shopping than traditional shopping ways. Consumers' behaviors in this shopping experience can be different from other shopping experiences. With the increase of overseas online shopping, we need to find antecedents and results of overseas online shopping. Especially there would be positive or negative factors which influence overseas online shopping motivation. To find the relationship, this study examines self-efficacy and impulsivity as major factors which influence overseas online shopping. We also suggest that several attitude factors increase self-efficacy and it is positively related to customer satisfaction. On the other hand, we assume that overseas online shopping factors influence impulsivity of buying and it will decrease customer satisfaction. Research design, data, and methodology - This empirical study data were collected from Korean people who experience overseas online shopping. The subjects for this study were confined to shoppers who used overseas online shopping within the past six months. A total of 267 responses were gathered. SPSS 23.0, PLS 2.0 software were used in the data analysis. Descriptive statistics were used to show sample characteristics. We examined reliability, validity test for constructs. All measurement items used seven-point scales(1= very strong disagree, 7 = very strongly agree) drawn from previously published papers. Partial Least Square method was applied to find the relationship between antecedent factors and dependent factors and hypotheses were estimated. Results - Results show that perceived superiority, perceived ease of use, perceived transaction safety, perceived behavioral control positively affect self-efficacy. Self-efficacy influences positively to consumer's post purchase satisfaction. Perceived monetary benefit and perceived uniqueness motivated impulse buying. This can make consumer's post purchase dissatisfaction. Conclusions - This paper attempted to confirm the existence of both the positive and negative faces of overseas online shopping. The result reveals that self-efficacy is a major factor which may increase satisfaction in the overseas online shopping. Usually, we can think monetary benefit and uniqueness of products motivate overseas online shopping. But it can also intrigue impulse buying and negatively affect customer relationship. Therefore companies should provide enough products information to their potential customers and they might apply adequate processes such as recommendation, comparing systems to build long term relationship with their customers.

Intelligent Tuning of the Two Degrees-of-Freedom Proportional-Integral-Derivative Controller On the Distributed Control System for Steam Temperature Control of Thermal Power Plant

  • Dong Hwa Kim;Won Pyo Hong;Seung Hack Lee
    • KIEE International Transaction on Systems and Control
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    • v.2D no.2
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    • pp.78-91
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    • 2002
  • In the thermal power plant, there are six manipulated variables: main steam flow, feedwater flow, fuel flow, air flow, spray flow, and gas recirculation flow. There are five controlled variables: generator output, main steam pressure, main steam temperature, exhaust gas density, and reheater steam temperature. Therefore, the thermal power plant control system is a multinput and output system. In the control system, the main steam temperature is typically regulated by the fuel flow rate and the spray flow rate, and the reheater steam temperature is regulated by the gas recirculation flow rate. However, strict control of the steam temperature must be maintained to avoid thermal stress. Maintaining the steam temperature can be difficult due to heating value variation to the fuel source, time delay changes in the main steam temperature versus changes in fuel flow rate, difficulty of control of the main steam temperature control and the reheater steam temperature control system owing to the dynamic response characteristics of changes in steam temperature and the reheater steam temperature, and the fluctuation of inner fluid water and steam flow rates during the load-following operation. Up to the present time, the Proportional-Integral-Derivative Controller has been used to operate this system. However, it is very difficult to achieve an optimal PID gain with no experience, since the gain of the PID controller has to be manually tuned by trial and error. This paper focuses on the characteristic comparison of the PID controller and the modified 2-DOF PID Controller (Two-Degrees-Freedom Proportional-Integral-Derivative) on the DCS (Distributed Control System). The method is to design an optimal controller that can be operated on the thermal generating plant in Seoul, Korea. The modified 2-DOF PID controller is designed to enable parameters to fit into the thermal plant during disturbances. To attain an optimal control method, transfer function and operating data from start-up, running, and stop procedures of the thermal plant have been acquired. Through this research, the stable range of a 2-DOF parameter for only this system could be found for the start-up procedure and this parameter could be used for the tuning problem. Also, this paper addressed whether an intelligent tuning method based on immune network algorithms can be used effectively in tuning these controllers.

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A Study on Determinants of Realization Rate of Publicly Notified Individual Land Price Using One-Way ANOVA - focused on case of Wansan-gu, Jeonju-si - (일원변량분석을 이용한 개별공시지가 현실화율 결정요인에 관한 연구 - 전주시 완산구 사례를 중심으로 -)

  • Min, Woong-Kie
    • Journal of Cadastre & Land InformatiX
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    • v.50 no.1
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    • pp.87-105
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    • 2020
  • The government is trying to secure reliability by raising the accuracy, objectivity, and transparency of the official price by promoting the reliability improvement plan of the official price and increasing the realization rate, but the Realization rate of Publicly Notified Individual Land Price is showing a big difference because the current market price is not fully reflected in the official price. Therefore, this study collected the actual transaction price reported to the RTMS in Wansan-gu, Jeonju, Jeollabuk-do and the individual official price of the KRAS and calculated the realization rate of publicly notified individual Land Price. SPSS 25.0 program was used for the empirical analysis of this study. The Dependent Variable was the realization rate of publicly notified individual Land Price, and Independent Variables, was six land characteristics items were selected, one-way ANOVA was conducted and post-test was conducted by Scheffe method. As a result of the analysis, average difference in realization rate of publicly notified individual Land Price was found in Residential areas, Commercial areas, and Farmland, Public land and Residential and commercia, Residential and Forest. Especially, it was found that the price of commercial area is higher than that of residential area and green area, and the price is less reflected in individual official land price.

Network Structures of The Metropolitan Seoul Subway Systems (서울 대도시권 지하철망의 구조적 특성 분석)

  • Park, Jong-Soo;Lee, Keum-Sook
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.3
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    • pp.459-475
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    • 2008
  • This study analyzes the network structure of the Metropolitan Seoul subway system by applying complex network analysis methods. For the purpose, we construct the Metropolitan Seoul subway system as a network graph, and then calculate various indices introduced in complex network analysis. Structural characteristics of Metropolitan Seoul subway network are discussed by these indices. In particular, this study determines the shortest paths between nodes based on the weighted distance (physical and time distance) as well as topological network distance, since urban travel movements are more sensitive for them. We introduce an accessibility measurement based on the shortest distance both in terms of physical distance and network distance, and then compare the spatial structure between two. Accessibility levels of the system have been getting up overall, and thus the accessibility gaps have been getting lessen between center located subway stops and remote ones during the last 10 years. Passenger traffic volumes are explored from real passenger transaction databases by utilizing data mining techniques, and mapped by GIS. Clear differences reveal between the spatial patterns of real passenger flows and accessibility. That is, passenger flows of the Metropolitan Seoul subway system are related with population distribution and land use around subway stops as well as the accessibility supported by the subway network.

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Effective Design Pattern and Enterprise Architecture Design Techniques in EJB Environment (EJB기반의 효율적인 설계 패턴 및 엔터프라이즈 아키텍처 설계 기법)

  • 민현기;김수동
    • Journal of KIISE:Software and Applications
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    • v.30 no.11
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    • pp.1025-1036
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    • 2003
  • In industry, it is a current trend that systems are developed by using Enterprise JavaBeans(EJB) technology for reducing the cost and the time. Thus, the architecture of EJB is getting more essential to enhance reusability, extensibility and portability of system. However little has been studied in the realm of the practical software architectures for EJB. The architecture has just bean studied in abstract level, but not in concrete level providing the method to substantiate it using the practical J2EE techniques. Just using the EJB technology doesn't guarantee the reusability of the artifacts because EJB specification provides the characteristics and architecture for only fine grained components as session and entity bean. In this paper, we propose the enterprise software architecture for the systems based on EJB and the concrete techniques for implementing that. Also, design patterns of modeling efficient enterprise architecture are represented. By analyzing both the strengths and the weaknesses of suggested design patterns, EJB design patterns which are suitable for each layer of enterprise architecture will be identified. Through the component which design patterns are applied, the architecture can support the optimized relationship between the components. Five techniques for designing components from fine grained to coarse grained based on EJB technology, and architecture design techniques including transaction and assembling techniques are proposed.

Design and Implementation of an Efficient Buffer Replacement Method for Real-time Multimedia Databases Environments (실시간 멀티미디어 데이터베이스 환경을 위한 효율적인 버퍼교체 기법 설계 및 구현)

  • 신재룡;피준일;유재수;조기형
    • Journal of Korea Multimedia Society
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    • v.5 no.4
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    • pp.372-385
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    • 2002
  • In this paper, we propose an efficient buffer replacement method for the real-time multimedia data. The proposed method has multi level priority to consider the real-time characteristics. Each priority level is divided into a cold data set that is likely to be referenced for the first time and a hot data set that is likely to be re-referenced. An operation to select the victim data is sequentially executed from the cold set with the minimum priority level to the hot set with the maximum Priority level. It is chosen only at the lower level than or equal to the priority of the transaction that requests a buffer allocation. In the cold set, our method selects a media that has the maximum size in the level for a target of victim first of all. And in the hot set, our method selects a medium that has the maximum interval of the reference first of all. Since it maintains many popular media in the limited buffer space, the buffer hit ratio is increased. It also manages many service requests. As a result, our method improves the overall performance of the system. We compare the proposed method with the Priority-Hints method in terms of the buffer hit ratio and the deadline missing ratio of transactions. It is shown through the performance evaluation that our method outperforms the existing methods.

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The Era of Digital Currency and CBDC Strategy (디지털 화폐 시대와 CBDC 대응전략)

  • Kim, So-Hyung;Chung, Jee-Yong;Kim, Moon-Soo;Choi, Hyang-Mi
    • Journal of Digital Convergence
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    • v.19 no.12
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    • pp.303-309
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    • 2021
  • This study examines the effects of CBDC(Central Bank Digital Currency) on the Korean economy in the digital currency era and discusses the response strategies for CBDC. With the review of the definition and the development status of digital currency, we explore the characteristics and current status of CBDC in Korea as well as the possibility for internationalization of CBDC. The result shows that CBDC can reduce credit risk, improve transaction transparency compared to cash, and increases monetary policy capacity. Meanwhile, the credit and intermediary function of financial institutions may be weakened, and side effects such as financial alienation may occur. Nevertheless, as the issuance of CBDC is an important opportunity to enhance the possibility of internationalization of Korean Won, preemptive measures are required to keep pace with the competition and cooperation with each country toward the digital key currency. We need to accelerate the digital financial environment through Korea's comparative advantage, and develop a strategy to achieve the internationalization of the financial industry and the Korean Won through CBDC issuance. From the early stage of CBDC designing, it is necessary to achieve international agreements through cooperation with other central banks and to develop policies suitable for the transition to digital currency.

3-stage Portfolio Selection Ensemble Learning based on Evolutionary Algorithm for Sparse Enhanced Index Tracking (부분복제 지수 상향 추종을 위한 진화 알고리즘 기반 3단계 포트폴리오 선택 앙상블 학습)

  • Yoon, Dong Jin;Lee, Ju Hong;Choi, Bum Ghi;Song, Jae Won
    • Smart Media Journal
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    • v.10 no.3
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    • pp.39-47
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    • 2021
  • Enhanced index tracking is a problem of optimizing the objective function to generate returns above the index based on the index tracking that follows the market return. In order to avoid problems such as large transaction costs and illiquidity, we used a method of constructing a portfolio by selecting only some of the stocks included in the index. Commonly used enhanced index tracking methods tried to find the optimal portfolio with only one objective function in all tested periods, but it is almost impossible to find the ultimate strategy that always works well in the volatile financial market. In addition, it is important to improve generalization performance beyond optimizing the objective function for training data due to the nature of the financial market, where statistical characteristics change significantly over time, but existing methods have a limitation in that there is no direct discussion for this. In order to solve these problems, this paper proposes ensemble learning that composes a portfolio by combining several objective functions and a 3-stage portfolio selection algorithm that can select a portfolio by applying criteria other than the objective function to the training data. The proposed method in an experiment using the S&P500 index shows Sharpe ratio that is 27% higher than the index and the existing methods, showing that the 3-stage portfolio selection algorithm and ensemble learning are effective in selecting an enhanced index portfolio.

Token-Based IoT Access Control Using Distributed Ledger (분산 원장을 이용한 토큰 기반 사물 인터넷 접근 제어 기술)

  • Park, Hwan;Kim, Mi-sun;Seo, Jae-hyun
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.29 no.2
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    • pp.377-391
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    • 2019
  • Recently, system studies using tokens and block chains for authentication, access control, etc in IoT environment have been going on at home and abroad. However, existing token-based systems are not suitable for IoT environments in terms of security, reliability, and scalability because they have centralized characteristics. In addition, the system using the block chain has to overload the IoT device because it has to repeatedly perform the calculation of the hash et to hold the block chain and store all the blocks. In this paper, we intend to manage the access rights through tokens for proper access control in the IoT. In addition, we apply the Tangle to configure the P2P distributed ledger network environment to solve the problem of the centralized structure and to manage the token. The authentication process and the access right grant process are performed to issue a token and share a transaction for issuing the token so that all the nodes can verify the validity of the token. And we intent to reduce the access control process by reducing the repeated authentication process and the access authorization process by reusing the already issued token.

A Study on the Charge of Using the Internet Network - Focusing on U.S. Internet History and Charter Merger Approval Conditions Litigation - (인터넷 망 이용의 유상성에 대한 고찰 - 미국 인터넷 역사 및 Charter 합병승인조건 소송 중심으로 -)

  • Cho, Dae-Keun
    • Journal of Internet Computing and Services
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    • v.22 no.4
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    • pp.123-134
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    • 2021
  • This paper suggests that the Internet is not free through analysis of U.S. Internet history and lawsuits related to the Charter merger in 2016. Generally speaking, the players in internet connectivity market agree to Non-Disclosure Agreement, when connecting their facilities and networks each other. So, I adopted the case study & analysis as research methodologies due to limitation of collecting the transaction data between them. The former finds that Internet access has never been free in U.S Internet history. As we know, some including Content Providers(CPs) argue that the Internet is a free network and there are many cases to use the internet for free, so they came to conclusion that ISPs have no right to charge the users like CPs. This study refutes these arguments in two ways. One is that using the internet has never been free. From ARPANET, known as the beginning of the U.S. Internet, to the commercialization of backbone, no Internet has been considered or implemented for free since the early Internet network was devised. Also, the U.S government was paying subsidies or institutions were paying fees to secure network operations for the NSFNET backbone. the other is that "free peering" refers to barter transactions between ISPs, not to free access to counterpart internet networks. Second, this study analyze the FCC' executive order of conditioned merger approval and the court's related ruling and verify that using the internet is not free. According to the analysis, this study finds that it's real situation to make paid settlements between ISP-CPs (including OTTs) in the US Internet market at the moment. This study concludes that the Internet has never been free in terms of its technical characteristics, network structure, network operation, and system. Also it proposes how to improve the domestic settlement system between ISPs-CPs in terms of policy and regulation.