• Title/Summary/Keyword: demand heterogeneity

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Outbound Air Travel Demand Forecasting Model with Unobserved Regional Characteristics (미관찰 지역 특성을 고려한 내국인 국제선 항공수요 추정 모형)

  • YU, Jeong Whon;CHOI, Jung Yoon
    • Journal of Korean Society of Transportation
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    • v.36 no.2
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    • pp.141-154
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    • 2018
  • In order to meet the ever-increasing demand for international air travel, several plans are underway to open new airports and expand existing provincial airports. However, existing air demand forecasts have been based on the total air demand in Korea or the air demand among major cities. There is not much forecast of regional air demand considering local characteristics. In this study, the outbound air travel demand in the southeastern region of Korea was analyzed and the fixed-effects model using panel data was proposed as an optimal model that can reflect the inherent characteristics of metropolitan areas which are difficult to observe in reality. The results of model validation show that panel data analysis effectively addresses the spurious regression and unobserved heterogeneity that are difficult to handle in a model using only a few macroeconomic indicators with time series characteristics. Various statistical validation and conformance tests suggest that the fixed-effects model proposed in this study is superior to other econometric models in predicting demand for international demand in the southeastern region.

Effect of Social Norm on Consumer Demand: Multiple Constraint Approach

  • Choi, Sungjee;Nam, Inwoo;Kim, Jaehwan
    • Asia Marketing Journal
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    • v.22 no.1
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    • pp.41-60
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    • 2020
  • The goal of the study is to understand the role of social norm in purchase decisions where demand is revealed in the form of multiple-discreteness. Consumers are socially engaged in various activities through the expectation from others in their community. Actions or decisions are likely to reflect this influence. This implicit or explicit social norm is revealed as the rules, regulations, and standards that are understood, shared, endorsed, and expected by group members. When consumers' decisions are in distance from the norm, they come to face discomfort such as shame, guilt, embarrassment, and anxiety. These pressure act as a constraint as opposed to utility in their decision making. In this study, the effect of social norms on consumer demand is captured via multiple constraint model where constraints are not only from budget equation but also from psychological burden induced by the deviation from the norm. The posterior distributions of model parameters were estimated via conjoint study allowing for heterogeneity via hierarchical Bayesian framework. Individual characteristics such as age, gender and work experience are also used as covariates for capturing the observed heterogeneity. The empirical results show the role of social norm as constraint in consumers' utility maximization. The proposed model accounting for social constraint outperforms the standard budget constraint-only model in terms of model fit. It is found that people with longer job experience tend to be more robust and resistant to the deviation from the norm. Incorporating social norm into the utility model allows for another means to disentangle the reason for no-purchase as 'not preferred' and 'not able to buy'.

Who Uses Travel Websites? A Comparison of Demand Across Websites

  • Yang, Yang;Jiang, Lan
    • Journal of Smart Tourism
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    • v.2 no.3
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    • pp.31-38
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    • 2022
  • Understanding demand for travel websites can help hoteliers better evaluate their own multi-channel distribution and reputation management strategies. In this study, we estimated demand for eight major travel websites based on the user percentage in 3,120 U.S. counties. Results highlighted the importance of four types of factors: sociodemographic, economic, Internet use-related, and travel-related. Differences between websites were also compared based on estimated coefficients. For example, the demand for Expedia.com appeared to be driven by age, education background, income, and foreign travel history, whereas the demand for Hotels.com was driven by the proportion of the African American population and domestic travel history. Lastly, implications are provided.

Simulation of the fracture of heterogeneous rock masses based on the enriched numerical manifold method

  • Yuan Wang;Xinyu Liu;Lingfeng Zhou;Qi Dong
    • Geomechanics and Engineering
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    • v.34 no.6
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    • pp.683-696
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    • 2023
  • The destruction and fracture of rock masses are crucial components in engineering and there is an increasing demand for the study of the influence of rock mass heterogeneity on the safety of engineering projects. The numerical manifold method (NMM) has a unified solution format for continuous and discontinuous problems. In most NMM studies, material homogeneity has been assumed and despite this simplification, fracture mechanics remain complex and simulations are inefficient because of the complicated topology updating operations that are needed after crack propagation. These operations become computationally expensive especially in the cases of heterogeneous materials. In this study, a heterogeneous model algorithm based on stochastic theory was developed and introduced into the NMM. A new fracture algorithm was developed to simulate the rupture zone. The algorithm was validated for the examples of the four-point shear beam and semi-circular bend. Results show that the algorithm can efficiently simulate the rupture zone of heterogeneous rock masses. Heterogeneity has a powerful effect on the macroscopic failure characteristics and uniaxial compressive strength of rock masses. The peak strength of homogeneous material (with heterogeneity or standard deviation of 0) is 2.4 times that of heterogeneous material (with heterogeneity of 11.0). Moreover, the local distribution of parameter values can affect the configuration of rupture zones in rock masses. The local distribution also influences the peak value on the stress-strain curve and the residual strength. The post-peak stress-strain curve envelope from 60 random calculations can be used as an estimate of the strength of engineering rock masses.

Capacity aware Scalable Video Coding in P2P on Demand Streaming Systems

  • Xing, Changyou;Chen, Ming;Hu, Chao
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.7 no.9
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    • pp.2268-2283
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    • 2013
  • Scalable video coding can handle peer heterogeneity of P2P streaming applications, but there is still a lack of comprehensive studies on how to use it to improve video playback quality. In this paper we propose a capacity aware scalable video coding mechanism for P2P on demand streaming system. The proposed mechanism includes capacity based neighbor selection, adaptive data scheduling and streaming layer adjustment, and can enable each peer to select appropriate streaming layers and acquire streaming chunks with proper sequence, along with choosing specific peers to provide them. Simulation results show that the presented mechanism can decrease the system's startup and playback delay, and increase the video playback quality as well as playback continuity, and thus it provides a better quality of experience for users.

A Critical Examination of Recent Studies On the Definition of Services (서비스 개념을 둘러싼 최근논의에 대한 비판적 고찰)

  • Seo, Hwan-Joo
    • Journal of Information Technology Services
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    • v.7 no.4
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    • pp.287-300
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    • 2008
  • Our Study aims to examine, from a critical perspective, recent approaches to the definition of services, Studies that deal with the question of how to characterize services offer three types of response. The first approach developed by classical economists proposes to use technical criteria (immateriality, non-separability between consumption and production, non-storage, heterogeneity) as foundation for a specific definition of services. The second, which is today most widely cited definition, that of Peter Hill proposes an institutional or a relation-oriented definition which emphasizes service triangle. Finally, the work of Gadrey, which investigates the impact of new technologies on service activities, offers a new general definition of services that is compatible with the existence of several demand rationales.

Smart Factory and Labor Demand: Workload Changes by Smartification Level and Occupation (스마트공장과 노동수요: 스마트공장 도입 단계에 따른 직종별 업무량의 변화)

  • Changkeun Lee;Olivia Hye Kim
    • Journal of Technology Innovation
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    • v.32 no.2
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    • pp.59-82
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    • 2024
  • This study estimates the impact of smart factories on workload, a direct indicator of labor demand, using information on smart factories from the Korea Labor Institute's Workplace Panel Survey. Overall, we find that the workload of production workers decreases as the level of smartification increases. Our heterogeneity analysis shows that the effect is concentrated among establishments producing the same product repeatedly. In contrast, we find that workload increases for managerial and technical occupations who need to put more effort into implementing more intelligent and connected production, and production workers at establishments pursuing product variety. These results are broadly consistent with the existing literature.

Economic Openness and Labor Allocation between Skilled and Less-skilled Sectors (경제의 대외개방도 증가가 숙련 및 미숙련 부문의 고용에 미치는 영향)

  • Kim, Young-Joon
    • KDI Journal of Economic Policy
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    • v.34 no.1
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    • pp.87-133
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    • 2012
  • This paper consists of two parts. The first part introduces a simple endogenous growth model. It is based on Romer(1990), but extends the original model by incorporating individual workers skill heterogeneity. Based on the heterogeneity, the model has a labor allocation mechanism between skilled (research) and unskilled (production) sectors. Different from Romer(1990), the labor allocation is determined by both demand and supply conditions of the economy. The endogenous growth model presented in this paper shows how the shape of the distribution of human capital affects on the labor allocation, hence on the employment structure, wage profile and economic growth. The model can be extended to an open economy. With the heterogeneity, the extended model explains distributional effect as well as growth effect of the economic openness. The second part provides empirical evidence in support of the extension part of the model presented in the first part. Based on the endogenous growth framework as proposed by Romer(1990) and Rivera-Batiz and Romer(1991), the model explains how economic openness affects labor allocation between skilled and unskilled sectors. According to the model, economic openness can affect labor allocation through two channels; knowledge spillover and specialization. First, the openness promotes knowledge spillover and hence increases the productivity of workers in the skilled sectors. This makes the economy employs more workers in the skilled sector. On the other hand, the openness causes global specialization which leads more employment in the skilled sector for the developed countries but at the same time, leads less employment in the skilled sector for the developing countries since the developing countries have comparative advantages in the unskilled sector. The empirical results obtained using cross country panel data in this paper support these two effects of knowledge spillover and specialization.

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A Mode Choice Model with Market Segmentation of Beneficiary Group of New Transit Facility (신교통수단 수혜자의 시장분할을 고려한 수단선택 모형 개발)

  • Kim, Duck Nyung;Choi, A Reum;Hwang, Jae-Min;Kim, Dong-Kyu
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.2
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    • pp.667-677
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    • 2013
  • The introduction of a new transit facility affects mode share of travel alternatives. The multinomial logit model, which has been the most commonly used for estimating mode share, has difficulty in reflecting heterogeneity of travelers' choices, and it has a limitation on grasping their characteristics of mode choice. The limitation may lead to over- or under-estimation of the new transit facility and bring about significant social costs. This paper aims to find a methodology to overcome the problem of preference homogeneity. It also applies market segmentation structure of separating the whole population into direct and indirect beneficiary to consider their preference heterogeneity. A mode choice model is estimated on data from Jeju Province and statistically tested. The results show that mode transfer rate of direct beneficiaries that inhabit in downtown areas increases as the new transit facility provides more advanced services with higher costs. The results and the model suggested in this study can contribute to improving the accuracy of demand forecasting of new transit facilities by reflecting heterogeneity of mode-transfer patterns.

Ontology Mapping and Rule-Based Inference for Learning Resource Integration

  • Jetinai, Kotchakorn;Arch-int, Ngamnij;Arch-int, Somjit
    • Journal of information and communication convergence engineering
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    • v.14 no.2
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    • pp.97-105
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    • 2016
  • With the increasing demand for interoperability among existing learning resource systems in order to enable the sharing of learning resources, such resources need to be annotated with ontologies that use different metadata standards. These different ontologies must be reconciled through ontology mediation, so as to cope with information heterogeneity problems, such as semantic and structural conflicts. In this paper, we propose an ontology-mapping technique using Semantic Web Rule Language (SWRL) to generate semantic mapping rules that integrate learning resources from different systems and that cope with semantic and structural conflicts. Reasoning rules are defined to support a semantic search for heterogeneous learning resources, which are deduced by rule-based inference. Experimental results demonstrate that the proposed approach enables the integration of learning resources originating from multiple sources and helps users to search across heterogeneous learning resource systems.