• Title/Summary/Keyword: economic decision-making

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Factors Influencing Decision Making of People Migrated to Rural Area for Farming - Case of Gyeongsangbuk-do - (귀농·귀촌의 의사결정요인에 관한 연구 - 경상북도 6개 시·군을 대상으로 -)

  • Woo, Seong-Ho;Lee, Seong-Keun
    • Journal of Agricultural Extension & Community Development
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    • v.22 no.2
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    • pp.101-116
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    • 2015
  • This study aims to identify the decision-making factors of people who have returned to rural areas for farming and residence according to personal characteristics and regions. The survey was conducted on 420 return farmers of six cities and counties in Gyeongsangbuk-Do from September 1st to October 11th 2013. For data analysis, researchers used 280 answered sheets and utilized two-way ANOVA and multinomial logistic regression analysis. Research results indicate three factors of returning to farm which are pull to rural area, push from city, and policy factor. The highest scores of factor is pull to rural area (2.93), the second one is push from city (2.31), and the lowest score is politic factor (2.18). In addition, these three factors of returning to farm are elucidated by environmental variable, economic variable, and information and opportunity provided by government. In other words, the factor of pull to rural area is related environmental variable and the factor of push from city is affected by economic variable. Lastly, politic factor pertains to information and opportunity provided by government.

The Selection of Alternatives for the FMS Investment Using a MCDM (다기준의사결정 모형을 이용한 FMS 투자대안의 선택에 관한 연구)

  • 김영식;정상윤;배영주
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.16 no.27
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    • pp.113-119
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    • 1993
  • The purpose of this study is to develop a analytic procedure of the alternatives for the FMS that consist of high-priced facilities. A procedure to analysis the alternatives are as follows. Stage one is procedure to appraise investment alternatives of FMS and devide factors into strategic, analytic, economic viewpoint and draw upon decision making matrix through normalization Stage two is appraise to normalized alternatives using TOPSIS model among multiple attributes decision making models.

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Multi-Criteria Group Decision Making under Imprecise Preference Judgments: Using Fuzzy Logic with Linguistic Quantifier

  • Choi, Duke-Hyun;Ahn, Byeong-Seok;Kim, Soung-Hie
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2005.11a
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    • pp.557-567
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    • 2005
  • The increasing complexity of the socio-economic environments makes it less and less possible for single decision-maker to consider all relevant aspects of problem. Therefore are, many organizations employ groups in decision making. In this paper, we present a multiperson decision making method using fuzzy logic with linguistic quantifier when each of group members specifies imprecise judgments possibly both on performance evaluations of alternatives with respect to the multiperson criteria and on the criteria. Inexact or vague preferences have appeared in the decision making literatures with a view to relaxing the burdens of preference specifications imposed to the decision-makers and thus taking into account the vagueness of human judgments. Allowing for the types of imprecise judgments in the model, however, makes more difficult a clear selection of alternative(s) that a group wants to make. So, further interactions with the decision-makers may proceed to the extent to compensate for the initial comforts of preference specifications. These interaction may not however guarantee the selection of the best alternative to implement. To circumvent this deadlock situation, we present a procedure for obtaining a satisfying solution by the use of linguistic quantifier guided aggregation which implies fuzzy majority. This is an approach to combine a prescriptive decision method via a mathematical programming and a well-established approximate solution method to aggregate multiple objects.

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A Study on the Spatial Decision Making Support Model for Protected Areas Boundary (re)Design -A Case of Jirisan National Park- (보호지역 경계조정을 위한 공간의사결정지원모델 연구 - 지리산 국립공원을 사례로 -)

  • Sung, Hye-Jung;Kwon, Hyuk-Soo;Seo, Chang-Wan;Park, Chong-Hwa
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.14 no.3
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    • pp.101-113
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    • 2011
  • The purpose of this study are to develop a SDSS (Spatial Decision Support System) that can incorporate diverse opinions of stakeholders related the designation of protected areas (PA), and to employ the model for the readjustment of the boundary line of the Jirisan National Park of Korea. The SDSS would lead to more rational and less controversial decision-making during the expansion or removal of PA in Korea. Research methods are as follows. Firstly, to select evaluation criteria for SDSS for PA designation by using expert interview and literature survey. Secondly, to measure their preferences on the designation of additional PA or the removal of a part of PA based on the opinions of various stakeholders such as local residents, environmental groups, or public officials. Thirdly, to produce conservation priority maps based on a multi-criteria decision making technique. The SDSS would be used to rational decision making for the expansion of PA or the release of a certain part of PA by reflecting diverse preferences on biodiversity conservation and economic interest of residents. The visualization of conservation priority maps would also increase the efficiency of such decision making processes. The evaluation criteria for the expansion of PA for biodiversity conservation includes vegetation conservation value, wildlife conservation value, and the habitats of key species. The evaluation criteria for the removal of PA includes the proximity to roads and the boundary of PA, land use types, and conservation zoning of the PA. Preference weights are based on data collected from the Jirisan National Park. Both the conservation priority and removal priority maps are based on land parcels so that property rights of all parcels would be correctly represented.

The Contribution of Non-conventional Microfinancing on Economic, Social and Household Empowerment of Women Borrowers in Malaysia

  • HAQUE, Tasnuba;SIWAR, Chamhuri;GHAZALI, Rospidah;SAID, Jamaliah;BHUIYAN, Abul Bashar
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.643-655
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    • 2021
  • This study investigated the effect of the Amanah Ikhtiar Malaysia (AIM) microfinancing on the economic, social, and household empowerment of women borrowers in Malaysia. The study used a quantitative approach based on primary data. For this study, the participants comprised 384 AIM borrowers from Terengganu, Kelantan, and Pahang in the east coast region of Malaysia. Purposive stratified random sampling was used as well as the Krejcie and Morgan method to count the number of samples. Descriptive statistics and the Women Empowerment Index (WEI) were used in the analysis. The study findings reveal that AIM microfinancing affects the economic, social, and household empowerment of women borrowers in Malaysia. However, in comparing the three categories, women enjoyed more freedom in social and household decision-making than in economic decision-making. The present study recommends policies for the successful and effective operation of microfinance programs by providing the necessary guidelines for the control of AIM loan for women borrowers; increasing income-generating activities, sufficient access of credit, and proper education for the borrowers; and giving economic freedom of choice with necessary skill training policymaking options for the government and NGOs with the aim to improve the total household income and empowerment of the microcredit borrowers in Malaysia.

A Study on Optimization Models for Passenger Ship Fleet Routing (여객선대 배치 및 경로 선택 문제를 위한 최적화 모형 개발에 관한 연구)

  • 조성철;장기창
    • Journal of the Korean Institute of Navigation
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    • v.24 no.5
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    • pp.385-395
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    • 2000
  • In the transportation literature, many useful decision making models for ship routing and ship scheduling have been studied. But the majority of these studies are on industrial carriers, bulk carriers, or tankers. It is quite recent that a few optimization models have been developed for liner fleet routing and scheduling problems. However there have been few academic studies on decision making models for the routing or scheduling problems of passenger ships in spite of their economic importance in the entire shipping industry. The purpose of this study is to develop analytic decision making models for ship routing and scheduling for the passenger ship fleet. This study gives two optimization models, one is a linear programming model and the other a goal programming model. These two models are solved easy by commercial linear programming softwares and suggest optimal ship routing plans and many other useful implications for passenger ship fleet managers.

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The Decision Making Strategy for Determining the Optimal Production Time : A Stochastic Process and NPV Approach (최적생산시기 결정을 위한 의사결정전략 : 추계적 과정과 순현재가치 접근)

  • Choi, Jong-Du
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.1
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    • pp.147-160
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    • 2007
  • In this paper, the optimal decision making strategy for resource management is viewed in terms of a combined strategy of planting and producing time. A model which can be used to determine the optimal management strategy is developed, and focuses on how to design the operation of a Markov chain so as to optimize its performance. This study estimated a dynamic stochastic model to compare alternative production style and used the net present value of returns to evaluate the scenarios. The managers in this study may be able to increase economic returns by delaying produce in order to market larder, more valuable commodities.

The Consumer Education’s Lesson Model in High Shool’ Home Economics for the Student to improve the Consumer’s Ability (소비자능력 향상을 위한 고등학교 가정과 소비자교육 수업모형 개발 연구)

  • 이수희
    • Journal of Korean Home Economics Education Association
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    • v.9 no.1
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    • pp.111-131
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    • 1997
  • The purpose of this study is to develop the lesson model for high school students to improve their abilities as consumer. In the method of the research, the contents on consumer education of the 8 kinds of Home Economics textbooks are reconstructed into the areas of decision-making, financing, reasonable purchasing, and consumer citizenship. The consumer’s ability to be developed in the areas of decision-making, financing, reasonable purchasing, and consumer citizenship is set up as follows: 1) The establishment of the sound consumer morality and values, the ability of independent decision-making, the critical ability, and the problem-solving ability. 2) The ability of research on social, cultural and economic values, and the ability to estimate one’s own short-term and long-term life plan. 3) The ability of reasonable purchase. 4) The ability to participate in a consumer movement, and the ability to take good care of environment. Subsequently, 9 lesson models for the student to improve the consumer’ability are developed.

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TOPSIS-Based Decision-Making Model for Demolition Method Selection

  • Lee, Hyung Yong;Cho, Jae Ho;Son, Bo Sik;Chae, Myung Jin;Lim, Nam Gi;Chun, Jae Youl
    • Architectural research
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    • v.23 no.4
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    • pp.67-73
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    • 2021
  • An efficient demolition process requires the optimum method selection considering stability, economic feasibility, environment, and workability. In reality the construction cost and period are priority concerns, and safe construction methods are neglected. In addition, the choosing demolition method is often determined subjectively by experienced field engineers. This research paper presents a multi-criteria decision-making method using Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) to select the optimum demolition method. Three experienced demolition engineers' opinions were used to develop the TOPSIS model. The case study showed that the preferences of ten attribute measurements for demolition method selection. Authors suggested the most preferable demolition method for the case study project.

Application of Utility Theory for Asset Management of Deteriorated Infrastructure (노후인프라 자산관리를 위한 효용이론 적용 방안)

  • Cha, Yongwoon;Park, Wonyoung;Park, Taeil
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.311-312
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    • 2021
  • As the number of deteriorated infrastructures increases, research on decision-making methods for efficient budget allocation is required. Thus, this study considered the application of utility theory for asset management of deteriorated infrastructure. In decision-making, methods that enable quantitative measurement were proposed, attributing the aging, economic feasibility, and ripple effects. This study is meaningful as a basic study of decision-making methods, and we will conduct research applied to case studies in the future.

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