• Title/Summary/Keyword: option market

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Complaints Behavior to Online Shopping Agents for Purchasing Products from Overseas in their 20s and 30s (20-30대 해외 구매대행 인터넷 쇼핑몰 소비자의 대응행동)

  • Lim, Seo-Yul;Ryu, Mi-Hyun;Lee, Seung-Sin
    • Journal of Families and Better Life
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    • v.28 no.3
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    • pp.81-95
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    • 2010
  • The purpose of this study was to examine the dissatisfaction level of consumers buying foreign goods through Internet shopping malls and their complaint behavior. As there is growing demand for foreign brands along with a rapid increase in the Internet user population, a lot of ongoing studies have focused on Internet-based transaction. The dissatisfaction level of selected consumers was checked in terms of system, price, quality, information/hype, shipping and refund/exchange, and it's found that complaint behavior linked to refund/exchange was most prevalent. The most dominant way for them to respond to such situations was talking friends, relatives or neighbors about that. And they had an intention to buy foreign goods through Internet shopping malls again to greater or lesser extents, though they were unsatisfied. It indicates that the consumers didn't have a wide option in the consumer market.

Cost benefit analysis of introducing domestic food waste disposers on waste and sewage management systems (가정 내 주방용 디스포저 도입에 따른 사회적 비용편익 분석)

  • Ahn, Jong-Ho
    • Journal of Korean Society of Water and Wastewater
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    • v.26 no.4
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    • pp.513-520
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    • 2012
  • The use of food waste disposers (FWDs) can be an emerging option to manage organic food wastes in municipal sewage system. The cost-benefit analysis (CBA) of introducing domestic FDWs is conducted to access the allowable disposer market price and the economic impact on food waste management from conventional solid waste management system. If the convenience value of 10,000 won/month is taken into consideration based on survey results, the introduction of FDWs can lead to net economic benefits, allowing the capital cost of disposer up to 1,000,000 won/unit. Without the consideration of convenience value, the introduction of FWDs becomes profitable if the capital cost of disposer is less than 50,000 won/unit. In case that the value of convenience is more than 7,000 won/month, the reduction of food waste management cost is not valid for the introduction of FWDs to be non-profitable. However, if environmental externalities are considered, the proposed system could become breakeven with the cost of food waste management decreases by 54 % (60,000 won per ton).

Flooded Analysis for Multi-Utilization of Reclaimed Tidelands in the West Coast District (서해안지역 간척농지의 다각적 활용을 위한 침수안전지역 설정 연구)

  • Park, Myeong Soo;Yun, Dong Koun;Han, Guk Heon;Oh, Sung Tae;La, Min Chul
    • KCID journal
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    • v.19 no.1
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    • pp.50-63
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    • 2012
  • Many reclaimed tideland projects in Korea have been conducted to secure the food self-sufficiency. In fact, the domestic food self-sufficiency has been greatly improved and reclaimed tideland projects contribute to Korea's economic and social development directly or indirectly replacing agricultural lands from urbanization, industrialization. As result, current self-sufficiency of rice reach the demand(104.6%) while rate of upland crops has less than 30% of self-sufficiency rate and corn, wheat, soybeans, etc. are virtually dependent on imports. Domestic price of crop is expected to be unstable by trend of international grain prices. Therefore, developing reclaimed tidelands as upland which is originally constructed for paddy fields could be a good option to become steady in domestic crop market and dedicate to ensure a stable food security. The study to prepare measures for dealing with disasters in reclaimed tidelands of west coast district is required in order to utilize those sites for infra construction of multi-utilization in those sites and The result of flooding analysis in this study can suggest policy direction for practical utilization of reclaimed tidelands in yellow sea area.

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PACS in Nuclear Medicine (핵의학 PACS)

  • Kang, Keon-Wook
    • The Korean Journal of Nuclear Medicine
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    • v.34 no.6
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    • pp.439-444
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    • 2000
  • PACS (Picture Archiving and Communication System) is being rapidly spread and installed in many hospitals, but most of the system do not include nuclear medicine field. Although additional costs of hardware for nuclear medicine PACS is low, the complexity in developing viewing software and little market have made the nuclear medicine PACS not popular. Most PACS utilize DICOM 3.0 as standard format, but standard format in nuclear medicine has been Interfile. Interfile should be converted into DICOM format if nuclear images are to be stored and visualized in most PACS. Nowadays, many vendors supply the DICOM option in gamma camera and PET. Several hospitals in Korea have already installed nuclear PACS with DICOM, but only the screen captured images are supplied. Software for visualizing pseudo-color with color lookup tables and expressing with volume view should be developed to fulfill the demand of referring physicians and nuclear medicine physicians. PACS is going to integrate not only radiologic images but also endoscopic and pathologic images. Web and PC based PACS is now a trend and is much compatible with nuclear medicine PACS. Most important barrier for nuclear medicine PACS that we encounter is not a technical problem, but indifference of investor such as administrator of hospital or PACS. Now it is time to support and invest for the development of nuclear medicine PACS.

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An Urbanization Effect of Ruralto-Urban Land Conversion Under the Uruguay Round Agricultural Free Trade Policy : The Case of Korea (UR농산물개방에 따른 도.농 토지전용의 공간적 파급효과)

  • 최막중
    • Journal of the Korean Regional Science Association
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    • v.11 no.1
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    • pp.61-78
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    • 1995
  • This study begins with a question of what spatial impact international trade policy would have following the Uruguay Round, particularly focusing on agricultural trade liberalization in Korea. Based upon the neoclassical urban economic model, it first identifies the channel in which agricultural market opening can ultimately affect both rural and urban are as; $\circled1$ Free trade will depress domestic price of agricultural products, $\circled2$ which will in turn depreciate agricultural land price. $\circled3$ The decrease in marginal supply cost for urban land will then facilitate urban sprawl, provided that the government relaxes restrictions on urban-rural land conversion. Theoretical analysis is further refined by empirical considerations that distinguish agricultural land value solely for production purpose from that for future urban, uses, and that distinguish the urbanization effect caused by the fall in the supply cost of urban land from that caused by the existing high level of demand. Utilizing the estimate of bid-price for paddy field derived from the revenue-cost relationship of rice production, simulation results show that the urban-rural boundary under trade liberalization can expand outward up to 70-85km radius in the Seoul metropolitan area, suggesting the emergency of a metropolis or even a megalopolis which extends from Seoul to the central part of the country. Since the geographic extent of urbanization effect can vary depending upon the urban spatial structure, however, it is recommended that the redevelopment option in the built - up area should always be tied up with the issue of whether to deregulate rural-to-urban land conversion.

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A Study on the Technology Valuation System for Supporting Knowledge Information (과학기술 산업화 전략정보 지원을 위한 기술가치평가 시스템에 관한 연구)

  • Yoo, Sun-Hi;Jeong, Hye-Soon;Park, Hyun-Woo
    • Journal of Information Management
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    • v.32 no.3_4
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    • pp.123-145
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    • 2001
  • The purpose of this study is to develop technology valuation system for technology transfer, which is using and supporting knowledge information. The valuation system comprises estimation of latent business profit by supporting formatted patent and technology-products market information, analysis of contribution profit by using industrial standard and innovation step and value of technology by using a real option equation. This study suggests a successful system in order to valuate the technologies quantitatively, and to use and support knowledge information from KISTI databases or other selected internet Information.

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MNE's Ability to Mitigate the FX Exposure: Subsidiary Network and Pass-through Ability

  • Cho, Hyejin
    • East Asian Journal of Business Economics (EAJBE)
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    • v.6 no.4
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    • pp.1-12
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    • 2018
  • Purpose - This paper tests the effect of the structure of manufacturing and marketing subsidiary network on FX exposure of Korean MNEs. Furthermore, the moderating effect of pass-through ability on the relationship between the subsidiary network and FX exposure is explored. Research design and methodology - This study utilizes a sample of 309 Korean MNEs constructed from database offered by KOTRA and KIS-VALUE. Results - As operational flexibility arising from having operations in multiple locations provides an option for firms to tackle FX exposure, greater breadth of manufacturing subsidiary network reduces FX exposure, and greater depth increases FX exposure. However, both the breadth and depth of marketing subsidiary network decrease FX exposure due to the firm's higher level of market presence and knowledge to devise an appropriate marketing strategy that can buffer adverse exchange rate movement. Such an effect is intensified when MNE's have FX exposure pass-through ability stemming from differentiated good. Conclusions - Empirical findings suggest that types and structure of Korean MNEs' foreign subsidiary network are closely related to the level of FX exposure they are experiencing. Also, they can utilize marketing subsidiary network more efficiently when having a higher R&D intensity.

An Analysis of Consumption Patterns in Residential Sector of District Heating (지역난방의 주택용 열소비행태 분석)

  • Kim, Jin Hyung
    • Environmental and Resource Economics Review
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    • v.10 no.2
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    • pp.217-234
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    • 2001
  • The use of district heating is expanding very rapidly in Korea. High population densities and the relatively cold winters make district heating an economically attractive option. About 8 percent of Korean houses are already using district heating and the government is seeking to aggressively expand this number. It has set a target of 15 percent of the residential heat market to be met by district heating in the year 2001. The main purpose of this paper is to analyze the consumption behavior of households using district heating. By pooling time-series and cross-sectional data for 12 apartment complexes in Seoul area, a single demand function is estimated and used to forecast the amounts of heat demanded by the individual households. The results shows that the level of consumption varies among households, depending on the non-economic factors such as the installation of individual metering equipment and the volume of apartment building. When individual metering equipment is installed, the level of annual heat consumption per household declines, on average, about 22.1 Mcal per square meters, which is equivalent to 834 won per square meter in terms of heating expenditures. In case that the apartment building was built in more than 6 stories, annual consumption level reduces additionally about 17.3 Mcal per square meters and, thus, save the expenditures by 649 Won per square meters, compared to the opposite case.

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The Impact of Thermal Stress, Mechanical Stress and Environment on Dimensional Reproducibility of Polyester Film during Flexible Electronics Processing

  • MacDonald, William A.;Eveson, Robert;MacKerron, Duncan;Adam, Raymond;Rollins, Keith;Rustin, Robert;Looney, M. Kieran;Stewart, John;Hashimoto, Katsuyuki
    • 한국정보디스플레이학회:학술대회논문집
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    • 2007.08a
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    • pp.448-451
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    • 2007
  • DuPont Teijin $Films^{TM}$ (DTF) have developed engineered substrates specifically for the flexible electronics market. $Teonex^{(R)}$ Q65, $Melinex^{(R)}$ ST506 and ST504 are biaxially oriented crystalline polyesters with the option of planarised surfaces. These films are emerging as competitive materials for the base substrate in OLED displays and active matrix backplanes. Given the demanding dimensional reproducibility requirements in the display applications, it is critical to control the several factors that can influence the film distortion in order to achieve the ultimate performance. This paper will discuss the impact of thermal stress, mechanical stress and the processing environment on dimensional reproducibility of polyester film and give examples of how this impacts on the film in device manufacture.

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An Ecological Approach to Housing Experience of Korean Women in Malaysia (생태학적 접근으로 본 말레이시아 거주 한인 여성의 주거경험)

  • Hong, Hyung Ock
    • Human Ecology Research
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    • v.53 no.4
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    • pp.375-390
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    • 2015
  • This study was designed to understand the residential experience of Korean women living in tropical country. For qualitative research, interviewees were selected by snowball sampling among Korean women living in Malaysia for over 20 years. The selection criteria for interviewees included husband's nationality, occupational experience, future living plan, frequency of travel to Korea. In-depth group and individual interviews were conducted from August 23 to October 7 2014. Subsequently (1) interviewees' general residential experiences in Malaysia were summarized, (2) interviewee's identity and lifestyle with housing pathways approach were clarified, (3) interviewees' residential experiences in 5 issues, reciprocity in residential area, intention of environmental change, meaning of housing and interaction, housing adaptation, and residential satisfaction/dissatisfaction were prescribed and interpreted. In conclusion, the reflection of interviewees' experiences in tropical country, suggested variations of housing structure type within a residential complex, air well and pocket by setback in building block for improving ventilation and noise prevention from neighbors, and ceiling fans in the house were suggested for the upcoming subtropical climate in Korea. Full option and minus options were also suggested for the presale market to reduce before occupancy remodeling needs. The research results implies valuable suggestions for a multicultural society, ecological housing and stronger communities.