• Title/Summary/Keyword: Winning Factors

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An Empirical Study on the Detection of Phantom Transaction in Online Auction (온라인 경매에의 카드깡 탐지요인에 대한 실증적 연구)

  • Chae Myeong-Sin;Jo Hyeong-Jun;Lee Byeong-Chae
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.68-98
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    • 2004
  • Although the internet is useful for transferring information, Internet auction environments make fraud more attractive to offenders because the chance of detection and punishment are decreased. One of fraud is phantom transaction which is a colluding transaction by the buyer and seller to commit illegal discounting of credit card. They pretend to fulfill the transaction paid by credit card, without actual selling products, and the seller receives cash from credit card corporations. Then seller lends it out buyer with quite high interest rate whose credit score is so bad that he cannot borrow money from anywhere. The purpose of this study is to empirically investigate the factors to detect of the phantom transaction in online auction. Based up on the studies that explored behaviors of buyers and sellers in online auction, bidding numbers, bid increments, sellers' credit, auction length, and starting bids were suggested as independent variables. We developed an Internet-based data collection software agent and collect data on transactions of notebook computers each of which winning bid was over 1,000,000 won. Data analysis with logistic regression model revealed that starting bids, sellers' credit, and auction length were significant in detecting the phantom transaction.

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An Empirical Study on the Detection of Phantom Transaction in Online Auction (온라인 경매에서의 신용카드 허위거래 탐지 요인에 대한 실증 연구)

  • Chae Myungsin;Cho Hyungjun;Lee Byungtae
    • Korean Management Science Review
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    • v.21 no.2
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    • pp.273-289
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    • 2004
  • Although the Internet is useful for transferring information, Internet auction environments make fraud more attractive to offenders, because the chance of detection and punishment is decreased. One of these frauds is the phantom transaction, which is a colluding transaction by the buyer and seller to commit the illegal discounting of a credit card. They pretend to fulfill the transaction paid by credit card, without actually selling products, and the seller receives cash from the credit card corporations. Then the seller lends it out with quite a high interest rate to the buyer, whose credit rating is so poor that he cannot borrow money from anywhere else. The purpose of this study is to empirically investigate the factors necessary to detect phantom transactions in an online auction. Based upon studies that have explored the behaviors of buyers and sellers in online auctions, the following have been suggested as independent variables: bidding numbers, bid increments, sellers' credit, auction lengths, and starting bids. In this study. we developed Internet-based data collection software and collected data on transactions of notebook computers, each of which had a winning bid of over W one million. Data analysis with a logistic regression model revealed that starting bids, sellers' credit, and auction length were significant in detecting the phantom transactions.

A study on the analysis of cyber warfare using Clausewitz's trinity theory (클라우제비츠의 삼위일체론을 통한 사이버공간 전쟁 해석 연구)

  • Lee, Hanhee;Kang, Ji-Won
    • Convergence Security Journal
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    • v.18 no.2
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    • pp.41-47
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    • 2018
  • Theorists of war have often used Clausewitz's trinity theory as a framework for analyzing war strategies and histories. Heretofore, studies on cyber warfare have focused primarily on laws, policies, structuring organizations, manpower, and training pertaining to preparing the cyberspace for war. Currently, studies highlighting the comparative characteristics of war in cyberspace, how it differs from conventional warfare, and analytical frameworks for understanding war in cyberspace are rare. Using Clausewitz's trinity theory, this paper interprets the essence of war from the perspectives of (1) Intellect, (2) Bravery, and (3) Passion, to propose an analytical model for understanding war in cyberspace, one that factors in the intrinsic qualities and characteristics of cyberspace under spatial and temporal constraints. Furthermore, this paper applies the aforementioned analytical model to the Iraq War and concludes with a theoretical illustration that cyber warfare played a significant role in winning the war.

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Analysis of the quality characteristics of Korean distilled soju (국내 시판 증류 소주의 품질 특성 분석)

  • Kim, Haeun;Kang, Ji-Eun;Jeon, Hanbyol;Choi, Han-Seok;Kim, Chan-Woo;Jeong, Seok-Tae
    • Korean Journal of Food Science and Technology
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    • v.49 no.5
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    • pp.486-493
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    • 2017
  • The purpose of this study was to compare the differences of seven distilled soju samples that were presented at the main stage of the 2015 Korean Liquor Contest. The characteristics of the awarded products and other products were compared. The general components of prize-winning soju showed that the total acidity (0.22%) and alcohol content (38.44%) were higher than other soju (0.10, 22.81%), and that these properties influenced various sensory properties. For the sensory characteristics and consumer preference factors, the descriptive analysis and consumer preference testing were conducted. The descriptive analysis revealed that the (aftertaste) bitterness, corn-silk odor, sake odor/flavor, and overall taste intensity were strongly expressed in the prize-winning distilled soju. For the preference analysis, various preferences, such as "flowery odor/flavor" and "rich odor/flavor" appear to have influenced the positive preferences and "too strong an odor/flavor", "aftertaste bitterness", and "sharp tasting" were found to have a negative effect on preference.

The psychological factors and impacts in lottery-purchasing decisions (복권 구매행동의 심리적 결정요인과 그 영향)

  • Taekyun Hur
    • Korean Journal of Culture and Social Issue
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    • v.10 no.3
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    • pp.19-36
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    • 2004
  • An experimental research investigated the components of lottery games affecting lottery-purchasing behaviors and the psychological consequences of the behaviors. In the experiment, participants were given a chance to purchase a lottery tickets during a series of computer games and their decision of purchasing the lottery ticket was measured. Also, the size and probability of the lottery games were manipulated and the perceived difficulty, satisfaction of the mid-outcome, and perceived probability of success in the computer game were measured in order to examine their impacts on participants' lottery-purchasing decisions. In addition, the behavioral tendency, satisfaction of the final outcome, and perceived self-capability in the computer game were measured at the end of the computer games in order to examine the effects of lottery-purchasing experiences on the variables. Participants who perceived the games as easier and estimated the probability of their success highly were more likely to buy the lottery tickets. However, the winning prize and odd of lottery tickets, perceived satisfaction of their own performance, and the performance itself did not influence the purchasing decisions. The common beliefs on the negative effects of lottery-purchasing experiences on human motivation and behaviors were not supported. The implications of the present research findings and limitations of the experimental research on lottery were discussed.

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Identifying Factors Causing Bid-dropping in Domestic Public Work Projects and Ways of Ending Its Decline (국내 공공공사 낙찰률 하락의 원인 분석 및 개선 방향)

  • Lee, Bok-Nam;Lee, Young-Hwan;Chang, Chul-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.5 s.27
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    • pp.102-109
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    • 2005
  • The contract price of successful bidders in domestic public work projects has dropped significantly under lowest bidding process. Furthermore, compared to the U.S. and Japan, the bids are substantially lower. The increasing trend for domestic construction companies to bid projects without considering markup or expected profit, with the purpose of gaining experience for future similar work, has contributed to the overall dumping in bid prices. The government has implemented controls in hopes of reducing the price dropping trend but these have yet to work in the market. This study determines the level of significance of the contract price of the successful bidder in domestic public works projects and identifies factors that cause bid-dropping by comparing to those of the US and Japan. By mirroring advance countries' rules and regulations to prevent an abnormally low bidder, recommendation are provided to keep unrealistically low bidders from winning the work.

The Effect of QM Activities on the Management Results of Small and Medium sized Enterprises in South Korea (품질경영활동이 중소기업 경영성과에 미치는 영향)

  • Jung, S.I.;Kwon, J.H.;Oh, H.S.;Lee, S.J.;Cho, J.H.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.2
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    • pp.133-140
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    • 2018
  • In this study, a correlation between execution of quality management activities and their results was verified by applying the Malcolm Baldrige model (hereafter referred to as the MB model) as a quality management performance measurement indicator for small and medium enterprises (SMEs) in South Korea. To achieve this goal, we need to determine whether the categorical requirements in the MB model are recognized consistently in SMEs, as a prerequisite. To this end, factor analysis was conducted for measurement variables in each category, which revealed that the process indicator was made up of six factors and the outcome indicator was made up of five factors, like those configured in the MB model. This result can be interpreted to mean that the requirements in each category of the MB model were well produced and recognized consistently throughout SMEs in South Korea. In addition, the analysis of causality between the process indicator (quality management activities) and the outcome indicator (management results) showed high causality between them. Although the quality management levels of SMEs in South Korea are inferior to those of conglomerates or other national quality award-winning companies, this study is significant in that the causality between quality management activities and results was verified, since this study targeted SMEs in South Korea as the target of investigation. Thus, it is empirically proven that the MB model can contribute to improved management results for SMEs in Korea.

An Understanding of Domestic Construction Clients' Tender Behavior (투찰률을 통한 국내 건설업체들의 입찰행태에 대한 이해)

  • Bae, Juhyeon;Han, SangUk;Kim, Byungi
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.1
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    • pp.74-79
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    • 2018
  • The establishment of an effective bidding system is critical to ensure both the high quality of civil infrastructure and proper earning of contractors. However, the continuous changes of a bidding system in South Korea reveal that problems such as a dumping or high price winning have not been fully resolved yet. This study thus aims at understanding the bidding behavior and strategies of contractors by analyzing a tender ratio in historical data. Multiple regression analysis is conducted to understand the effect of internal and external factors (e.g., estimated cost, combined value of construction performance evaluation) on a tender ratio. The results statistically show that such factors affect the tender ratio an individual bidder determines and have the varying effect on the tender ratio by contractors' firm size.

Using Logistic Regression for Determining the Factors Affecting Bidding Success in World Bank's International Consulting Projects in Indonesia (로그 회귀분석을 이용한 해외 엔지니어링 사업의 낙찰 성공 요인 분석 - 세계은행의 인도네시아 사업을 중심으로-)

  • Yu, Youngsu;Shin, Byungjin;Koo, Bonsang;Han, Seungheon
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.1
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    • pp.80-89
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    • 2018
  • World Bank projects enable Korean engineering firms to enter new markets and diversify their portfolio. These firms need to understand the critical factors for bidding success in such projects. The World Bank publishes as open records all their bidding history data in their open database. This provides an opportunity to identify empirically the factors that determine which firms on chosen. This research collected relevant bid data, focusing on Indonesia, to perform a logistic regression with the goal of statistically identifying significant factors that result in bidding success. Results showed that work experience, being included in a consortium, and having a local partner positively affected winning a bid. On the other hand, having a local competitor of the recipient country negatively impacts the chances of attaining a bid. Commensurately, Korean engineering firms need to increase their work experience in internationally recognized projects, and include a local partner as a joint venture partner to increase their chances, while refrain from conventional projects that can be performed by local engineering firms.

Interpretation of the Forest Therapy Process and Effect Verification through KeyWord Analysis of Literature on Forest Therapy (산림치유 효과 검증 연구의 주요어 분석을 통한 치유 발현과정 해석)

  • Park, Kyeong-Ja;Shin, Chang-Seob;Kim, Dongsoo
    • Journal of Korean Society of Forest Science
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    • v.110 no.1
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    • pp.82-90
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    • 2021
  • In this study, the validity of the forest therapy process, in which forest activities using forest therapy factors lead to immunity promotion and health promotion, was analyzed theoretically and qualitatively to refine and systemize the forest therapy concept. Research and analysis data were collected from the websites of institutions related to forest therapy; 33 theses and 33 original research articles from 2000 to March 2020 were searched for forest therapy key words, as well as the prize winning work of the 2016 forest therapy experience essay. A word cloud was generated by frequency of nouns and adjectives and from the key words in the web pages, theses, articles, and the forest therapy experience essay. Through interpretation of word frequency, the systemic flow of forest therapy was defined. The results suggest that the source of forest therapy's power was a positive experience of the forest and an improved attitude toward nature as well as forest therapeutic factors. The therapeutic effect is maximized through the forest healing program, leading to physical and mental resilience and resistance; consequently, health and immunity are promoted. From this study, forest therapy is proposed as "a health promotion activity for the psychological, physical, and spiritual resilience of the subjects through various environmental factors of the forest, positive experiences, and attitudes toward the forest."