• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.11
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• pp.301-308
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• 2020

This research analyzes the economic attitude and economic literacy of college students that attended college or graduated within one year. The study measures diverse traits of economics, such as economic rationality, economic interest, risk aversion, and competitive spirit or selfishness. Results show that students enrolled in economics courses have an interest in economics, received high grades, and graduates have a relatively higher level of economic rationality. Second, students who have taken courses in economics showed a higher level of interest in economics. Thus, the correlation between such education and students' interest cannot be denied. Third, regardless of their experience in taking economics courses, the level of knowledge in economics is low for community college students. Although the rationality and interest of those students enrolled in economics courses are higher compared to students not enrolled in such courses, it does not play a pivotal role in enhancing their economic intelligence. This shows that the current education in economics positively influences an individual's economic traits but does not necessarily generate knowledge in economics. Education should focus more on associating essential economic concepts with real-world issues.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.27 no.5
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• pp.403-412
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• 2014

This paper presents special-purpose design program and plastic design results for hollow RC bridge columns with reinforcement details for material quantity reduction. The developed reinforcement details has economic feasibility and rationality and makes construction periods shorter. This study documents the economic evaluation of hollow reinforced concrete bridge column systems with reinforcement details for material quantity reduction and presents conclusions based on the application findings. As a result, the proposed reinforcement details for material quantity reduction were designed prior to the existing reinforcement details in terms of structural rationality, constructability, and economic.

• The Journal of the Convergence on Culture Technology
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• v.10 no.2
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• pp.333-341
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• 2024

So far, the rationality of management decisions has been limited to the economic rationality of maximizing self-interest. However, management rationality in the ESG era, which pursues the interests of the environment, society, and the company from the perspective of harmony and balance, requires new judgment standards. The goal of ESG management is sustainable development. Sustainable development goes beyond the accumulation of wealth, which was the goal of the past economy, and aims for the happiness of the entire society, including coexistence and fair development that develops together with the entire society. From Aristotle's perspective, the happiness of the entire society promoted by sustainable development is no different from the highest good of citizens, members of the community. Accordingly, this paper attempted to explore the new management rationality required for managers in the ESG era by comparing Aristotle's concept of citizenship with the concept of 'corporate citizenship', one of the main concepts of ESG management. Through this, we sought to show that companies are essentially communal entities and that the company's pursuit of profit requires rationality of balance and harmony with environmental and social interests.

• Journal of Families and Better Life
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• v.5 no.2
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• pp.109-125
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• 1987

Previous studies show that working wives in the market contribute to the family economy that affects the family member's behaviors as consumers. Accordingly, the consumer behavior among working wives would be differ form that among nonworking wives. As the number of working wives in the market is increasing, this study focuses on the estimation of the degree of rationality in purchasing decision making among wives in relation to their working status. Therefore, this study attempts to construct an rationality index of a purchasing decision making both at a high and a low involvement situation by working and nonworking wives, and analyzes the differences in the results of the two groups. This study also examines how the rationality indices vary with the selected socioeconomic variables. The data are obtained from self-administered questionnaires from a sample of 217 working and 191 nonworking wives at Seoul and Seongnam in 1986. The statistical methods used in this study are Factor Analysis, Multiple Regression, and Analysis of Variances. The major findings of this study are as follows; 1) The mean value of the rationality index among nonworking wives is higher than that among working wives. Under a high involvement situation, the mean value of the rationality index among working wives is negative. Therefore, it is likely that nonworking wives make purchasing decisions more rationally than working wives. 2) The higher the degree of wive's education, the more rational the purchasing decision making. Under a low involvement situation, the higher the monthly family income, the more rational the purchasing decision making . under the same situation, the shorter the duration of marriage , the more rational the purchasing decision making. 3) Under a low involvement situation, the rationality indices of working wives vary with their occupations. The rationality indices among those in selling and service jobs are lower than those among those in professional jobs. 4) The impact of the selected socio-economic variables on the degree of the rationality in purchasing decision making differs depending on whether the wife is working or not. Under a low involvement situation, the positive impact of the monthly family income on the rationality in purchasing decision making is stronger among nonworking wives than among working wives. Under the same situation, the negative impact of the duration of marriage on the rationality is stronger among nonworking wives than among working wives.

• Journal of the Earthquake Engineering Society of Korea
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• v.17 no.3
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• pp.107-115
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• 2013

The purpose of this study was to investigate the performance of hollow reinforced concrete bridge column sections with reinforcement details for material quantity reduction. The proposed reinforcement details has have economic feasibility and rationality and makes construction periods shorter. A model of column sections with reinforcement details for material quantity reduction was tested under quasistatic monotonic loading. As a result, the proposed reinforcement details for material quantity reduction was were equal to existing reinforcement details in terms of the required performance. In the a subsequent paper, the an experimental and analytical study will be performed for the performance assessment of hollow reinforced concrete bridge column sections with reinforcement details for material quantity reduction will be performed.

• Journal of Korean Society of Transportation
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• v.5 no.1
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• pp.75-83
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• 1987

The modernistic rationalism which thinks much of the mathematical rationality and economic efficiency is widely spread in Korea economic planning, urban planning, urban transportation planning, and the like. As a result the demands to humanity, amanity, and so on have been disregarded in the name of rationality in urban spatial organization, the typical examples, one of the pedestrian space. The pedestrian space which is passed over easily from the view point of the modernistic rationalism, is actually the space that should be reflected abundantly in urban space. The author emphasized a need of reconsideration on the position of pedestrian space in urban spatial planning process, and adopted the theoretical research on the functions and roles of pedestrian space. In consequence of this study the functions of pedestrian space are considered : the first, the function as a space for moving, the second, the function as a space for buffer. the third, the function as a space for intermediation. the fourth, the function as a space for urban daily life. the fifth, the function as new urban environment-making factor.

• The Journal of the Korea Contents Association
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• v.18 no.11
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• pp.317-326
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• 2018

The purpose of this study is to develop an AHP model to evaluate the relative importance and priorities of multi-cultural policies under bounded Rationality. The results of the study are as follows. First, in the evaluation elements for each measurement area, the following are the stable social settlement support policy (1rank), social capability development policy of multi-cultural family second generation (2rank), socio-economic activity policy (3rank), collaborative governance policy enforcement(4rank). Second, the priority of the measurement element is as follows. social settlement service target expansion policy was proved to be the top priority project stable social settlement support policy aspect and social capacity development policies of the second generation of multi-cultural families, social support policy was most important evaluated. Active economic activity support policy was as the top priority project socio-economic activity policy, and construct cooperation system of policy practice main agents was proved to be the top priority collaborative governance policy enforcement. These results will contribute to explain the reality of multi-cultural policy.

• Journal of the Korean Operations Research and Management Science Society
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• v.17 no.1
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• pp.107-112
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• 1992

A slight extension of the classical saddle point and the global optimality condition has been discussed relative to some algorithmic implications. It also involves an economic interpretation which shows satisfying, rather than optimizing, decision making behavior under bounded rationality.

• Journal of Environmental Science International
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• v.13 no.10
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• pp.855-861
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• 2004

This study analysed the influencing factors involved in deciding the policy through the analysis of procedure in the policy on the natural resources in local governments. To evaluate the political consensus of decision making in policy determination as political rationality in natural resources policy, we analyzed the degree of the satisfaction from the residents. Among the analysis factors of the satisfaction of natural resources policy, the most significant independent factors were the goal and the method of the policy, the institutional conditions and interested groups, the appropriateness of the content of decision making, supervising and controlling, cooperating relations, the effect of policy, and the consistency. From the analysis of the effect and the goal of policy, we found $70.5\%$ of residents was against the policy and only $27.8\%$ consented. Considering the appropriateness of supervising and controlling in accordance with the process of the policy decision and its execution, the influence of local governments and institutions concerned enjoying comparatively more economic benefits was strong, however, the involvement of the residents and supervising and monitoring institutions were found negligible.

• Journal of Families and Better Life
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• v.31 no.3
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• pp.141-151
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• 2013

The purpose of this study is to test the economic rationality hypothesis of the low fertility trap among 412 college students at 13 private universities located in Seoul. The respondents were requested to complete the self-administered questionnaire, and the hierarchical multiple regression analyses were performed for analyzing the data. The major findings of this study were as follows: First, the students' views on the prospects for their future employability were 54.6% for big business, 64.51% for medium-sized business, and 49.63% for public sector. In the most employable job, the mean desired monthly salary was 3,505,400 won, while the mean expected monthly salary 2,753,600 won. Second, hierarchical regression analyses revealed that the family income in parental home was positively related to youths' consumption aspirations. Finally, the gap between youths' consumption aspirations and their expected income was negatively related to their desired number of children, while not significantly related to their planned age of first child birth. Thus, the low fertility trap hypothesis was supported in terms of birth rate drop, but not supported in terms of childbearing postponement. The implications of the study results are discussed.