• 제목/요약/키워드: quantitative models

검색결과 1,016건 처리시간 0.028초

Influence of Overconfidence and Cash Flow on Investment in Vietnam

  • NGUYEN, Duy Van;DANG, Duong Quy;PHAM, Giang Hoang;DO, Du Kim
    • The Journal of Asian Finance, Economics and Business
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    • 제7권2호
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    • pp.99-106
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    • 2020
  • CEOs Overconfidence can bring potentially risky early decisions to businesses, along with large enterprise free cash flow that can bring different investment decisions with CEOs Overconfidence. Especially in the context of Vietnamese enterprises, CEOs are often influenced by behavioral psychology about overconfidence in investment decisions (due to individual cultural characteristics as well as operating financial markets also depend on many factors outside the market). Therefore, the authors study the impact of overconfidence and cash flow on investment in Vietnamese to find the internal relationship between these three factors in the financial environment in Vietnam. With 480 companies listed on the Vietnam Stock Exchange from 2014 to 2018 (companies have continuous reports), the regression analysis results with panel data (FEM, GLS models, correction of robust and GMM dealing with endogenous problems) have shown Overconfidence has a positive impact on investment. At the same time, the results also indicated that enterprises with overconfident CEOs and large cash flows tend to invest less than enterprises with low cash flow. The results of this study have shown the behavioral behavior of CEOs in Vietnamese enterprises that exist under both prospect theory and effective market theory.

Factors Affecting Industry and University Collaboration in Education in the Hospitality Industry in Vietnam: A Business Perspective

  • NGUYEN, Thang Quyet;NGUYEN, Hoa Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • 제7권2호
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    • pp.291-300
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    • 2020
  • This paper studies the factors affecting university and industry collaboration in education in the hospitality industry in Ho Chi Minh City (Vietnam) from a company perspective. The authors use qualitative method and quantitative research to study the matters, specifically using scales and data collected for Cronbach alpha reliability testing, analysizing the discovery factor of EFA, CFA and verifying the regression models through AMOS software with SEM linear modeling. The study proposes four factors: (1) organization factors, (2) contextual factors, (3) process factors, and (4) cooperation perspective impacting on the benefits factors and university and industry collaboration in education. In addition, it is also found that benefits factors has a direct and positive impact on the collaboration in education. The results suggest that the process factor had the strongest positive, followed by the contextual factor. The findings revealed that the benefit factors were significantly related to collaboration in education, which affects university and industry hospitality alliances. This finding confirm that the cooperation perspective (QD) and contextual factors (HC) are critical in collaboration between university and industry. A new point of interest is also identified that the benefits of training links are quite dependent on the linking perspective from tourism businesses.

Factors Affecting the Behavioral Intention and Behavior of Using E-Wallets of Youth in Vietnam

  • PHAN, Trong Nhan;HO, Truc Vi;LE-HOANG, Phuong Viet
    • The Journal of Asian Finance, Economics and Business
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    • 제7권10호
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    • pp.295-302
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    • 2020
  • The study examines an empirical case that explores the key constructs of the Unified Theory of Acceptance and Use of Technology (UTAUT) (Venkatesh, Morris, Davis & Davis, 2003) and the relationship between security and privacy of the Theory of Perceived Risk (TPR) (Bauer, 1960). This study employs survey data of 200 young Internet users aged 18 to 25. The study was conducted through two steps: preliminary research by qualitative research method to form the official research scale then formal research by quantitative research method using CFA and SEM to test the research model. The research results show that performance expectancy and social influence significantly predict behavioral intention to use e-wallets in payment. In contrast, the factors, namely, security and privacy, and effort expectancy, are statistically insignificant on behavioral intention. Nevertheless, the facilitating conditions factor still affects the behavior of using e-wallets. The study proposes a model to generalize the online payment environment through the integration of UTAUT and TPR models that are important for online payment management and researchers in the technology environment. The findings of this study suggest that social influence significantly affects the intention of young people to use e-wallets instead of security and privacy.

게이미피케이션 기술 가치 평가 프레임워크 연구 (A Study on the Gamification Technology Valuation Framework)

  • 백준호;장진태;정지용;김상균
    • 한국게임학회 논문지
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    • 제18권3호
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    • pp.17-26
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    • 2018
  • 최근 경험경제의 가속화 시대에서, 사용자 경험이 무엇보다 중시되는 대표적인 키워드가 게이미피케이션 연구 분야이다. 게이미피케이션은 제공자와 사용자의 다양한 상호작용으로 무형의 요소가 생산, 소비되는 특성이 있으며, 경제적인 가치로 일반화하고, 객관화하기 어려운 구조로 되어 있다. 본 연구는 사용자에게 경험을 제공하고 가치를 창출하는, 기업의 어떠한 지식, 디자인, 콘텐츠, 서비스 등 무형의 기술에 대한 경제적 가치를 평가하는 견해에서, 게이미피케이션 기술에 대한 경제적 가치를 포괄하는 평가 셈식과 전체 구조를 정형화하는 데 연구의 목적이 있다.

선박 종류에 따른 내항성능 평가에 관한 연구 (A Study on the Evaluation of Seakeeping Performance with Ship Types)

  • 김순갑;박문수;공길영
    • 한국항해학회지
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    • 제18권2호
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    • pp.19-40
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    • 1994
  • Several factors can be chosen for evaluating seakeeping performance, such as deck wetness, propeller racing, slamming, rolling, vertical acceleration and vertical bending moment, in consi-deration of the safety of human being, cargo and ship. In fact, there are few developments for an evalua-tion method of seakeepting performance correponding with each ship's characteristics. The purpose of this paper is to develop an quantitative evaluation method of seakeeping performance according to ship types. The scope and the method of this study are as follow. (1) Obtain each response amplitude of ship's motion in waves by Ordinary Strip Method and apply it to short-crested, irregular wave for random process of the factors on seakeeping performance. (2) Define the evaluation index, the dangerousness, the maximum dangerousness and the evaluation diagram. (3) Figure out the different characteristics according to ship types by computer simulation of evaluating seakeeping performance. (4) Adopt vertical acceleration and one of rolling or lateral acceleration as the factors on seakeeping performance by clarifying the correlation of stochastic process. This study developed an evaluation method coincident with each ship's characteristics, and suggested a device for application to actual ship. This method might be useful in developing the practical system of seakeeping performance in accordance with ship types. The ship models for computer simulation are 175m container ship types, 93m tranning ship HANARA as passenger ship type, 259m bulk-carrier type and 164m pure car-carrier type.

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태풍 매미의 피해 데이터 기반 국내 태풍 취약성 분석에 관한 연구 (Analysis of Typhoon Vulnerability According to Quantitative Loss Data of Typhoon Maemi)

  • 안성진;김태희;김지명
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2019년도 춘계 학술논문 발표대회
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    • pp.125-126
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    • 2019
  • This study aims to recognize damage indicators of typhoon and to develop damage function's indicators, using information derived from the actual loss of typhoon Maemi. As typhoons engender significant financial damage all over the world, governments and insurance companies, local or global, develop hurricane risk assessment models and use it in quantifying, avoiding, mitigating, or transferring the risks. For the reason, it is crucial to understand the importance of the risk assessment model for typhoons, and the importance of reflecting local vulnerabilities for more advanced evaluation. Although much previous research on the economic losses associated with natural disasters has identified the risk indicators that are indispensable, more comprehensive research addressing the relationship between vulnerability and economic loss are still called for. Hence this study utilizes and analyzes the actual loss record of the typhoon Maemi provided by insurance companies to fill such gaps. In this study, natural disaster indicators and basic building information indicators are used in order to generate the vulnerability functions; and the results and indicators suggest a practical approach to create the vulnerability functions for insurance companies and administrative tasks, while reflecting the financial loss and local vulnerability of the actual buildings.

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Ligand-based QSAR Studies on the Indolinones Derivatives as Inhibitors of the Protein Tyrosine Kinase of Fibroblast Growth Factor Receptor by CoMFA and CoMSIA

  • Hyun, Kwan-Hoon;Kwack, In-Young;Lee, Do-Young;Park, Hyung-Yeon;Lee, Bon-Su;Kim, Chan-Kyung
    • Bulletin of the Korean Chemical Society
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    • 제25권12호
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    • pp.1801-1806
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    • 2004
  • Ligand-based quantitative structure-activity relationship (QSAR) studies were performed on indolinones derivatives as a potential inhibitor of the protein tyrosine kinase of fibroblast growth factor receptor (FGFR) by comparative molecular field analysis (CoMFA) and comparative molecular similarity indices analysis (CoMSIA) implemented in the SYBYL packages. The initial X-ray structure of docked ligand (Su5402) to FGFR was used to minimize the 27 training set molecules using TRIPOS force field. Seven models were generated using CoMFA and CoMSIA with grid spacing 2 ${\AA}$. After the PLS analysis the best predicted CoMSIA model with hydrophobicity, hydrogen bond donor and acceptor property showed that a leave-one out(LOO) cross validated value $({r^2}_{cv})^$ and non-cross validated conventional value $({r^2}_{ncv})^$ are 0.543 and 0.938, respectively.

P56 LCK Inhibitor Identification by Pharmacophore Modelling and Molecular Docking

  • Bharatham, Nagakumar;Bharatham, Kavitha;Lee, Keun-Woo
    • Bulletin of the Korean Chemical Society
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    • 제28권2호
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    • pp.200-206
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    • 2007
  • Pharmacophore models for lymphocyte-specific protein tyrosine kinase (P56 LCK) were developed using CATALYST HypoGen with a training set comprising of 25 different P56 LCK inhibitors. The best quantitative pharmacophore hypothesis comprises of one hydrogen bond acceptor, one hydrogen bond donor, one hydrophobic aliphatic and one ring aromatic features with correlation coefficient of 0.941, root mean square deviation (RMSD) of 0.933 and cost difference (null cost-total cost) of 66.23. The pharmacophore model was validated by two methods and the validated model was further used to search databases for new compounds with good estimated LCK inhibitory activity. These compounds were evaluated for their binding properties at the active site by molecular docking studies using GOLD software. The compounds with good estimated activity and docking scores were evaluated for physiological properties based on Lipinski's rules. Finally 68 compounds satisfied all the properties required to be a successful inhibitor candidate.

Quantitative impact response analysis of reinforced concrete beam using the Smoothed Particle Hydrodynamics (SPH) method

  • Mokhatar, S.N.;Sonoda, Y.;Kueh, A.B.H.;Jaini, Z.M.
    • Structural Engineering and Mechanics
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    • 제56권6호
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    • pp.917-938
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    • 2015
  • The nonlinear numerical analysis of the impact response of reinforced concrete/mortar beam incorporated with the updated Lagrangian method, namely the Smoothed Particle Hydrodynamics (SPH) is carried out in this study. The analysis includes the simulation of the effects of high mass low velocity impact load falling on beam structures. Three material models to describe the localized failure of structural elements are: (1) linear pressure-sensitive yield criteria (Drucker-Prager type) in the pre-peak regime for the concrete/mortar meanwhile, the shear strain energy criterion (Von Mises) is applied for the steel reinforcement (2) nonlinear hardening law by means of modified linear Drucker-Prager envelope by employing the plane cap surface to simulate the irreversible plastic behavior of concrete/mortar (3) implementation of linear and nonlinear softening in tension and compression regions, respectively, to express the complex behavior of concrete material during short time loading condition. Validation upon existing experimental test results is conducted, from which the impact behavior of concrete beams are best described using the SPH model adopting an average velocity and erosion algorithm, where instability in terms of numerical fragmentation is reduced considerably.

A quantitative measurement of concrete air content using image analyses

  • Hwang, C.L.;Peng, S.S.;Wang, E.;Lin, S.H.;Huang, S.L.
    • Computers and Concrete
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    • 제7권3호
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    • pp.239-247
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    • 2010
  • A proposed topology method is introduced to measure the air content of fresh cement paste and hardened concrete. The method takes advantage of chromatographic analysis in void areas that are highlighted using different color schemes and later calculated using built-in computer software. The air content measured by the topology method is compared with results obtained from the conventional ASTM methods. It is concluded that the proposed method is reliable, and costs less and is easier to operate compared with the ASTM methods. In addition, 3 dimensional pore models can be created using image post-processing techniques. The proposed method helps researchers in understanding the formation and existence of concrete pores. This paper reports a detailed test program demonstrating the standard operating procedure used for the proposed method and presents a comparison of results between the proposed method and conventional ASTM Specifications. It is also concluded that the air content increases with increasing size of pores and increasing percentage of coarse aggregates.