• Title/Summary/Keyword: optimism design

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The Effect of Prior Price Trends on Optimistic Forecasting (이전 가격 트렌드가 낙관적 예측에 미치는 영향)

  • Kim, Young-Doo
    • The Journal of Industrial Distribution & Business
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    • v.9 no.10
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    • pp.83-89
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    • 2018
  • Purpose - The purpose of this study examines when the optimism impact on financial asset price forecasting and the boundary condition of optimism in the financial asset price forecasting. People generally tend to optimistically forecast their future. Optimism is a nature of human beings and optimistic forecasting observed in daily life. But is it always observed in financial asset price forecasting? In this study, two factors were focused on considering whether the optimism that people have applied to predicting future performance of financial investment products (e.g., mutual fund). First, this study examined whether the degree of optimism varied depending on the direction of the prior price trend. Second, this study examined whether the degree of optimism varied according to the forecast period by dividing the future forecasted by people into three time horizon based on forecast period. Research design, data, and methodology - 2 (prior price trend: rising-up trend vs falling-down trend) × 3 (forecast time horizon: short term vs medium term vs long term) experimental design was used. Prior price trend was used between subject and forecast time horizon was used within subject design. 169 undergraduate students participated in the experiment. χ2 analysis was used. In this study, prior price trend divided into two types: rising-up trend versus falling-down trend. Forecast time horizon divided into three types: short term (after one month), medium term (after one year), and long term (after five years). Results - Optimistic price forecasting and boundary condition was found. Participants who were exposed to falling-down trend did not make optimistic predictions in the short term, but over time they tended to be more optimistic about the future in the medium term and long term. However, participants who were exposed to rising-up trend were over-optimistic in the short term, but over time, less optimistic in the medium and long term. Optimistic price forecasting was found when participants forecasted in the long term. Exposure to prior price trends (rising-up trend vs falling-down trend) was a boundary condition of optimistic price forecasting. Conclusions - The results indicated that individuals were more likely to be impacted by prior price tends in the short term time horizon, while being optimistic in the long term time horizon.

An Effect of Optimism, Self-esteem and Depression on Laughter Therapy of Menopausal Women (폐경기 여성 웃음치료 프로그램이 낙관성, 자아존중감 및 우울에 미치는 효과)

  • Cha, Mi Youn;Na, Yeon Kyung;Hong, Hae Sook
    • Women's Health Nursing
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    • v.18 no.4
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    • pp.248-256
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    • 2012
  • Purpose: This study examines the difference of optimism, self-esteem and depression to verify an effect of laughter therapy program for menopausal women. Methods: A quasi-experimental nonequivalent control group pre / post-test design was used. The participants (n=57) were 28 in the experimental group and 29 in the control group. The data were collected in December of 2011. The experimental group participated in laughter therapy for 30 min per session, five times a week for the period of 2 weeks. The questionnaires were used to measure pre / post-test optimism, self-esteem, and depression of menopausal women. Results: The results showed that laughter therapy was effective in increasing optimism (p= .020) and self-esteem (p<.001). And the depression of menopausal women decreased (p= .003). Conclusion: The result of the study indicates that laughter therapy for menopausal women may be an effective nursing intervention to improve optimism, self-esteem and depression of menopausal women.

A Study on the Optimism Design of the Gear Tooth Profile (치형수정에 의한 기어의 최적설계에 관한 연구)

  • Son, Yu-Sun;Hwang, Gue-Sec;Tak, Seong-Hun;Lyu, Sung-Ki
    • Proceedings of the KSME Conference
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    • 2007.05a
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    • pp.712-717
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    • 2007
  • This study deals with the TE(Transmission Error) of gear tooth profile by modifying a profile and lead of a surface of tooth. First, we experimentally confirmed that the TE is a synthesis of the sliding velocity between both gears. Since various types of TE appear in the experiments, we introduced definition of transmission error and the optimism design by modifying a surface parameters. The test stand's performance is then evaluated through a series of multiple torque transmission error tests. Comparisons are made between data recorded before and after the test stand's redesign, and subsequently repeatability studies are performed to verify the veracity of the measured data. Finally, the experimental results are compared to the analytical predictions of two different gear analysis programs.

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The Influence of Optimism and Academic Resilience on the Major Satisfaction among Undergraduate Nursing Students (간호대학생의 낙관성과 학업탄력성이 전공만족도에 미치는 영향)

  • Kim, Hyun Ju;Lee, Young Mi
    • The Journal of the Korea Contents Association
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    • v.20 no.1
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    • pp.692-700
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    • 2020
  • The purpose of this study was to investigate the degree of optimism, academic resilience, and major satisfaction of nursing students, and identify influencing factors of major satisfaction. The study was a cross-sectional descriptive correlational design. A convenience sample of 286 nursing students was conducted from a university in Busan. Data were analyzed through descriptive statistics, t-test, one way ANOVA, Pearson's correlation coefficient, and hierachical multiple regression analysis using IBM SPSS version 23.0. The average score of optimism, academic resilience and major satisfaction in nursing students were 3.85±0.54, 3.87±0.52 and 3.75±0.63 respectively. The degree of major satisfaction was positively correlated with optimism and academic resilience. The significant predictors of major satisfaction were optimism(β=.385, p<.001) and academic resilience(β=.356, p<.001), explaining 49.2% of the independent variables. Accordingly, in order to increase the major satisfaction level of nursing college students, it is necessary to develop a program that can improve optimism and academic resilience, and apply it in the nursing curriculum.

A Study on the Optimism Design of the Gear Tooth Profile (수정에 의한 기어 최적설계에 관한 연구)

  • Hwang G.S.;Lyu S.K.;Ahn I.H.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2006.05a
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    • pp.97-98
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    • 2006
  • This study deals with the Transmission Error of gear tooth profile by modifying a Profile and lead of a surface of Tooth. First, we experimentally confirmed that the Transmission Error is a synthesis of the sliding Velocity between both gears. Since various types of Transmission errors appear in the experiments, we introduced definition of Transmission Error and The Optimism Design by modifying a surface parameters The test stand's performance is then evaluated through a series of multiple torque transmission error tests. Comparisons are made between data recorded before and after the test stand's redesign, and subsequently repeatability studies are performed to verify the veracity of the measured data. Finally, the experimental results are compared to the analytical predictions of two different gear analysis programs.

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Study on the Characteristics of Western Rocker Style in Mid 20th Century (20세기 중기 서양 흔들의자의 양식적 특징)

  • Lim, Seung-Taek
    • Journal of the Korea Furniture Society
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    • v.23 no.3
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    • pp.271-289
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    • 2012
  • This study analyzes the Western rocking chair style of the middle of the 20th century (1945~1970), and investigates academically characteristics from formative and practical points of view. The purpose of this study is to provide basic information on the design and production of the modern Korean rocking chair. In the 20th century, the production of the Western rocking chair displayed principles of both functionalism and optimism. These rocking chairs are constructed of various industrial materials including reinforced plastics, moulded plywood, aluminium, and steel as well as wood. Furthermore, a rocking chair suitable to the human body is made by industrial growth and innovative fabrication techniques such as designer's plastic from military in the First and Second World Wars. In those days, there are many different types of rocker style - traditional, plastics, structural, moulded plywood & bending, metal tubular, and wire mesh. More specifically, through economic prosperity and plastic development, the rocking chair is able to have light and bright colors, which shows sensible formality of the modern and structure.

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A Study on the Transmission Error of the Gear on Contact Load (접촉하중에 따른 기어의 트랜스미션 에러에 관한 연구)

  • Tak, Sung-Hoon;Hwang, Gue-Sec;Son, Yu-Sun;Bae, Hyo-Je;Lyu, Sung-Ki
    • Tribology and Lubricants
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    • v.23 no.3
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    • pp.117-122
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    • 2007
  • This study deals with the TE (Transmission Error) of gear tooth by modifying a profile and lead of a surface of tooth. First, we experimentally confirmed that the TE is a synthesis of the sliding velocity between both gears. Since various types of TE appear in the experiments, we introduced definition of transmission error and the optimism design by modifying a surface parameters. The test stand's performance is then evaluated through a series of multiple torque transmission error tests. Comparisons are made between data recorded before and after the test stand's redesign, and subsequently repeatability studies are performed to verify the veracity of the measured data. Finally, the experimental results are compared to the analytical predictions of two different gear analysis programs.

Foreign Income Growth and Analyst Forecast Optimism

  • Cho, Hyejin;Ahn, He-Soung
    • East Asian Journal of Business Economics (EAJBE)
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    • v.7 no.1
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    • pp.17-25
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    • 2019
  • Purpose - The international market provides a growth momentum for firms by allowing them to tap into a new market. Given information asymmetry between firms and financial analysts, firms' international growth can be perceived as a higher business prospect by analysts. This paper explores the possibility of analysts' over-emphasis on foreign income growth in predicting earnings. Research design, data, and methodology - We utilize a sample of U.S. firms to test the relationship between foreign income growth and analysts' forecast optimism. Our sample of publicly listed and traded U.S. firms between 1976 and 2016 consists of 6,120 firm-year observations. Results - Empirical analyses show that firms that show higher international growth in earnings are likely to face forecast inaccuracy by financial analysts. From the perspective of firms, their earnings are less than what analysts forecasted. Contrary to our prediction on the moderating effect of innovative capabilities, optimistic bias is not intensified - rather, it is reduced - when firms have higher innovative capabilities. Conclusions - Our results imply that while analysts favor firms with higher international growth, innovative capability on the international market places additional risks to firms' operation.

Factors Affecting Burnout among Clinical Nurses according to Positive Psychological Capital (임상 간호사의 긍정심리역량이 소진에 미치는 영향)

  • Ko, Jeong Ok;Park, Sook Kyoung;Lee, Myung Ha
    • Journal of Korean Academy of Nursing Administration
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    • v.19 no.2
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    • pp.304-314
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    • 2013
  • Purpose: The purpose of this study was to analyze factors affecting burnout among clinical nurses according to Positive Psychological Capital. Methods: The study design was a descriptive survey and questionnaires were collected from 412 clinical nurses who worked in a general hospital in "J" city. Data were analyzed using frequency, percentage, mean, standard deviation, independent t-test, One-way ANOVA, Scheff$\acute{e}$ test, Pearson Correlation, and hierarchical multiple regression. Results: In Model individual characteristics accounted for 27.8% of the influence on burnout. In model II with the addition of the 4 factors; Self-efficacy, Hope, Resilience, Optimism, individual characteristics accounted for 48.5% of the influence on burnout. Optimism and Resilience of the Positive Psychological Capital sub-variables were statistically useful as factors influencing burnout. Conclusion: The results indicate that it is necessary to develop active human resource management and educational programs to decrease burnout and strengthen the Positive Psychological Capital of the nurses.

Augmented Reality (AR) Fashion Shopping Service Acceptance Based on Consumers' Technology Readiness (소비자 기술준비도에 따른 증강현실(AR) 패션 쇼핑 서비스 수용의도)

  • Hur, Hee Jin;Lee, Ha Kyung
    • Fashion & Textile Research Journal
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    • v.23 no.3
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    • pp.347-357
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    • 2021
  • This study analyzed the effects of optimism and innovativeness, the two drivers of a consumer's technological readiness to use an augmented reality(AR) fashion shopping service within the framework of the Technology Acceptance Model (TAM). The survey was conducted on 249 people (males = 58; females = 191) in their 20s who were willing to participate in the AR experience. Data were analyzed using confirmatory factor analysis (CFA) and structural equation modeling by AMOS 22.0. The results indicated that a greater level of perceived optimism had a positive influence on the ease of use and usefulness of the technology. The findings also show that consumers with a high degree of innovativeness tend to have a higher level of playfulness toward AR fashion shopping. Regarding the effects of user beliefs, ease of use had a positive effect on the perception of usefulness and playfulness with higher levels implying a higher consumer intention to adopt an AR fashion shopping service. In addition, this study reveals the moderating effect of consumers with high-fashion versus those with low-fashion innovativeness. For the latter, technological innovation had an insignificant effect on playfulness, thus indicating that consumers with low interest in fashion did not enjoy AR fashion shopping even if the technology was highly innovative. Nevertheless, the analysis confirms the possibility that experiencing a fashion product through AR technology could replace the actual experience of wearing the products.