• Title/Summary/Keyword: ordered logit model

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A Review on Dynamic Changes of Consumer's Attributes and Marketing Mix Strategies of Cut Roses in Korea (장미에 대한 선호속성의 동태적 변화와 마케팅 믹스전략 탐색)

  • Kim, Bae-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.10
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    • pp.4328-4336
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    • 2011
  • The aim of this study is to find changes of the attributes that influence the purchase of cut roses during recent five years(2007~2011) and suggest some implications on ways to promote cut roses marketing. For this purpose, a survey was conducted through the Internet among 1,100 randomly chosen people living in Seoul, Inchon and Gyeonggi Province in 2011. A total of 1,023 valid replies were received for the analysis of the survey which was carried out by the subsidiary consulting firm. The survey panels and estimation models to analyze changes of consumers' preference attributes during recent five years are same to them of Kim, et al.(2007). That is, empirical analysis tools such as ordered probit model, multinomial logit model, and conjoint analysis were used according to Kim, et al.(2007). This paper suggests several policy implications to set up the target market of cut roses and marketing mix strategy to specify the best 4P(product, price, place and promotion).

Analysis of Relative Risk by Accident Types at Intersections, Crosswalk and Tunnel Sections (교차로, 횡단보도, 터널 구간에서 사고유형에 따른 상대적 위험도 분석)

  • Lee, Hyunmi;Jeon, Gyoseok;Kim, Hyung Jun;Jang, Jeong Ah
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.39 no.6
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    • pp.841-851
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    • 2019
  • This study presents risk ranking by accident types at intersections, crosswalk and tunnel sections. An ordered logit model was used to estimate the accident severity of traffic accidents based on 58,868 accident records that have occurred on the Seoul and Gyeonggi-do over the period 2014-2017. The factors affecting the injury severity were identified by the estimated model first, and risk ranking was proposed according to conditions of accident occurrence using relative ratio analysis later. The analysis results showed that the injury severity dramatically depends on the location and time of the accident. The analysis results showed that the injury severity dramatically depends on the location and time of the accident. Furthermore, there are severe injury cases in terms of the injury severity despite the small number of occurrence of traffic accident, or there are severe injury cases in terms of the injury severity despite the high frequency of occurrence of traffic accident.

An Empirical Study on the Analysis Model for Self Powered University Selection using University Information DB (대학 정보공시 데이터베이스(DB)를 활용한 자율개선대학선정 예측에 관한 실증연구)

  • Chae, Dong Woo;Jeon, Byung Hoon;Jung, Kun Oh
    • Journal of Information Technology Applications and Management
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    • v.28 no.6
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    • pp.97-116
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    • 2021
  • Due to the decrease in the school-age population and government regulations, universities have made great efforts to secure their own competitiveness. In particular, the selection of universities with financial support based on the recent evaluation of the Ministry of Education has become a major concern enough to affect the existence of the university itself. This paper extracts three-year data from 124 major private universities nationwide, and quantitatively analyzes the variables of major universities selected as self-improvement universities, competency reinforcement universities, and universities with limited financial support. As a result of estimating the selection of self-powered universities using the ordered logit model by hierarchically inputting 12 variables, student competitiveness in the metropolitan area (1.318**), Educational Restitution Rate (4.078***), University operation expenditure index rate (1.088***) values were found. Significant positive coefficient values were found in the admission enrollment rate (45.98***) and the enrollment rate (13.25***). As a result of analyzing the marginal effects, the increase in the rate of reduction of education costs has always been positive in the selection of self-powered universities, but it was observed that the rate of increase decreases in areas of increase of 150% or more. On the contrary, the probability of becoming a Em-powered university was negative in all sectors, but on the contrary, it was analyzed that marginal effects increased at the same time point. On the other hand, the employment rate of graduates was not able to find direct significance with the result of the selection of Self powered universities. Through this paper, it is expected that each university will analyze the possibility and shortcomings of the selection of Self powered universities in policy making, and in particular, the risk of dropout of selection for the vulnerable field can be predicted using marginal effects. It can be used as major research data for both university evaluators, university officials and students.

Analysis for Impact Perceived Neighborhood Environmental Factors on Resident's Satisfaction of Bicycle Use (인지된 근린환경요인이 지역주민들의 자전거이용만족도에 미치는 영향 -상주시를 대상으로)

  • Won, Dong-Hyuk;Lee, Kyung-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.10
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    • pp.4877-4883
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    • 2012
  • As a basic research for revitalization of cycling that is emerging as a means of green transportation, this study aims to analyze the impact of neighbourhood environmental factor perceived by the local residents on cycling satisfaction as the concern for energy and environmental issues is increasing. For this, a survey was conducted through a questionnaire to the residents in Sangju-si and the impact of the perceived neighbourhood environmental factor to cycling satisfaction with ordered logit model was analyzed. The result showed that the factors such as quality of bicycle lane, quality of bicycle conveniences, accessibility of major conveniences, safety of cycling and amenity of street made a significant impact on cycling satisfaction. Based on such result, this study suggested the considerations to be made in designing a cycling environment.

An Analysis on the Factors Affecting Consumers' Perception and Satisfaction in the Sixth Industry (소비자의 6차산업 인지도와 만족도에 미치는 요인분석)

  • Joo, Hyunjeong
    • The Journal of the Korea Contents Association
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    • v.20 no.11
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    • pp.119-130
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    • 2020
  • The proportion of non-farm income among farm household income is over 40%, with the main source coming from the sixth industry. While it is important to understand consumers' preferences to revitalize the sixth industry, the majority of research is focused on producers. Therefore, this study used an Ordered Logit Model to analyze consumer awareness and satisfaction with the 6th industry. As a result, first, the analysis showed that awareness of the sixth industry was generally low, and that the perceptions of gender and regions were different. Second, there were various ways to learn about the sixth industry through media reports, portal searches, and SNS. Third, factors affecting the recognition of the sixth industry were shown to have statistically significant effects on demographic and sociological variables such as age, marriage type, occupation, residential area, and income. This study is the first to analyze the awareness and satisfaction of the sixth industry from the consumer's point of view focusing on its revitalization.

Satisfaction on Marital Relationship of Husband and Wife in Old Age (노년부부가구 남편과 부인의 부부관계 만족도)

  • Kim, Cheong-Seok;Choi, Hyung-Ju
    • Korea journal of population studies
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    • v.34 no.2
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    • pp.1-15
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    • 2011
  • The prolongation of life expectancy has expanded the duration of marriage in old age. In the meanwhile, the change of life style emphasizing privacy and sociodemographic environment favoring independent living has increased the number and proportion of the elderly living with spouse only. This study, focusing on those aged 60 and over who live with spouse only the elderly, explores their marital relationship. The study pays a special attention to compare whether and how the satisfaction on the relationship with spouse would differ between husband and wife. The ordered logit model analysis is conducted based on the nationwide survey '2008 Korean National Survey of Welfare Need in the Elderly'. The results show that the marital relationship satisfaction of husbands is influenced by their own characteristics but hardly affected by his wife's. In contrast, the satisfaction of wife is influenced by husband's characteristics as well as hers. These finding reflect that women are more strongly family-centered and dependent on their husband.

Ways of reducing the perception gap between rural residents and urban-to-rural migrants: focus on the area of Hongseong-gun

  • Han, Gabone;Yeo, Minsu;Hong, Seungjee
    • Korean Journal of Agricultural Science
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    • v.44 no.3
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    • pp.440-450
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    • 2017
  • With the increasing number of migrants from urban to rural areas in Korea, Population inflow policies have helped increase the number of urban-to-rural migrants which has eased the labor shortage in rural areas.. But, there are new problems in rural areas caused by the "perception gap in regard to harmony, awareness, pride and opportunity to meet" between the urban-to-rural migrants and the original residents. The purpose of this study was to analyze the factors affecting the harmony between the urban-to-rural migrants and residents. A survey was conducted among 70 people living in Hongseong-gun in Chungcheongnam-do with an aim to come up with proposals for policies that can help resolve these social problems in the mutual understanding of urban-to-rural migrants and original residents. An ordered logit model was used to analyze the effect of the perception gap between the urban-to-rural migrants and the rural residents. The result of the survey showed that most of the urban-to-rural migrants believed that the increase in urban-to-rural migrants did not bring harmony to rural areas because of the perception gap. Based on these results, we concluded that the following three policy alternatives would be needed: first, development of urban-to-rural migrant education programs for relatively young men; second, a policy supporting various forms of community gathering in a rural society; third, diversification of urban-to-rural migrant education programs such as communication program and conflict management program, etc.

Comparative Analysis of Elderly's and Non-elderly's Human Traffic Accident Severity (고령운전자와 비고령운전자의 인적교통사고 심각도 비교분석)

  • Lee, Sang Hyuk;Jeung, Woo Dong;Woo, Yong Han
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.11 no.6
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    • pp.133-144
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    • 2012
  • This study focused on estimating influential factors of traffic accidents and analyzing traffic accident severity of elderly and non elderly using traffic accident data. In order to reclassify elderly and non elderly traffic accident by a statistical method from entire traffic accident data, multiple discriminant analysis was applied. Also ordered logit model was applied for analyzing traffic accident severities using traffic accident severities as an independent variable and transportation facilities, road conditions and human characteristics as dependent variables. As results of the comparison between elderly and non elderly traffic accident, the traffic accident severity was affected by the age, types of traffic accidents, human characteristics and road conditions as well. Also, transportation facilities and road conditions affected to more elderly traffic accident than non elderly. Therefore, traffic accident severity would be decreased with the improvement of transportation facilities and road conditions for the elderly.

A Study on Technological Innovation and Employment Performance from the Perspective of Process : Focused on Small and Medium Sized Enterprises (프로세스 관점에서의 기술혁신 및 고용성과에 관한 연구 : 중소기업을 중심으로)

  • Bong, Kang Ho;Park, Jaemin
    • Journal of Korea Technology Innovation Society
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    • v.21 no.4
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    • pp.1508-1535
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    • 2018
  • Employment in enterprises is a consecutive decision-making process based on the results of their innovative activities and it is necessary to consider this relationship as well explicitly in an analysis of the employment performance through technological innovation. Based on this critical mind, this study would analyze the structural relationships among enterprises' innovative activities, the performance of technological innovation, a compensation system and the creation of employment, reflecting the correlation of the process of the actual technology management performed simultaneously, utilizing the seemingly unrelated regression(SUR) model to estimate a simultaneous equation in addition to analyzing the relationship between technological innovation and the effect on employment with the ordered logit model to estimate a single equation as in the preceding studies. As a result of the analysis, a structural relationship could be found out, in which the execution of the compensation system would increase the performances of technical development and technology commercialization, which in turn, accelerates enterprises' employment. Especially, it is judged that enterprises' employment performance increases when technological innovation is managed from a process perspective in that the commercialization performance, as well as technical development, acts as a kind of hurdle in the effect on employment.

Exploring consumer awareness and attitudes towards eco-friendly packaging among undergraduate students in Korea

  • Quedahm Chin;Seungjee Hong
    • Korean Journal of Agricultural Science
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    • v.50 no.4
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    • pp.697-711
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    • 2023
  • The global waste crisis has been escalating and its consequent impact on soil, water, air pollution, and eventually climate change acceleration has shed light on the importance of reducing waste. Amidst COVID-19 and the following surge in single-use plastics for food delivery, waste generation is on the incline. Companies and governments have embarked on developing various eco-friendly packaging technologies, but their effectiveness on the consumers is vague as definitions of eco-friendly packaging are vague, and research on its link to purchase intention remains scarce. Thus, the adoption of eco-friendly packaging has been slow. To address this issue, this study analyzes the awareness and purchase intention of four visual attributes of eco-friendly packaging-material, verbal statement, eco-label, and color-along with the environmental consciousness among undergraduate university students in Korea through online surveys and the ordered logit regression model. The study distinguished the attributes into evidence-based and conjectural categories. The findings revealed that eco-friendly visual attributes had a positive effect on purchase intention amongst undergraduate students in Korea; however the level of environmental consciousness had marginal effect on the purchase intention of eco-friendly visual attributes. The level of effectiveness also varied with each visual element. Analyses revealed that visual attributes to eco-friendly material had marginal effect on purchase intention; color was deemed not an "Eco-friendly attribute" by most students, and although eco-friendly labels were deemed as an eco-friendly attribute, trust in the labels varied according to environmental consciousness. These findings have implications for businesses and policymakers aiming to promote eco-friendly consumption within packaged food products.