• Title/Summary/Keyword: Benefit-Cost analysis

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A Comparison of the Different Question Formats in the Contingent Valuation Method for the Evaluation of Recreational Benefit (휴양자원가치(休養資源價値) 평가(評價)를 위한 CVM 질문형(質問型) 비교(比較))

  • Kim, Joon-Soon
    • Journal of Korean Society of Forest Science
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    • v.88 no.3
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    • pp.400-407
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    • 1999
  • The purpose of thin paper is to test difference of the two question formats, open-ended and dichotomous choice formats, in the contingent valuation method using the estimated recreational benefits. The data were collected from the visitors at the Songnisan National Park. The recreational benefit based on the equivalent variation. The two question formats, but the same content, were asked of the same individuals. In this analysis, it was used travel cost and monthly income as the exogenous variables, which assumed a linear functional form for the WTP equation. The model assumed a bivariate normal distribution on the basis of the probit and tobit model concerning the censored zero WTP. The result showed no differences in the recreational benefits from the different question formats under a same respondent. The mean benefit was estimated 25.556 Won per 5 years per visitors.

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An Exploratory Study of Perceived Benefits and Risks for QR Code based Virtual Fashion Stores (QR코드 기반 가상패션점포의 지각된 혜택과 위험요소에 대한 탐색적 연구)

  • Kim, Eun Young;Lee, MiYoung
    • Korean Journal of Human Ecology
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    • v.22 no.5
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    • pp.477-490
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    • 2013
  • This study explores critical and success factor of benefits and risks for predicting the acceptance of QR code virtual fashion stores. As an exploratory approach, this study conducted focus group interviews(FGI) with 21 panels who had experience with selected QR virtual stores (e.g., Home plus, 11th Street, Pin & Fit). Content analysis was used to generate 184 excerpts and classify into benefits and risks related to QR code virtual stores. With respect to benefits, content analysis identified four factors: Affective appeal, perceived usefulness, ubiquity, and brand promotion. Also, contents regarding perceived risks were classified into four factors: Complexity, lack of information, lack of technology infrastructure, and perceived cost. A managerial implication was discussed for predicting consumer technology acceptance of a QR code virtual store in the fashion retailing market.

A screening study of human factors variables in designing multimedia information retrieval systems (정보습득용 멀티미디어 시스템의 인간공학적 설계변수 선별)

  • 김미정;한성호
    • Proceedings of the ESK Conference
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    • 1995.10a
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    • pp.56-61
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    • 1995
  • Multimedia systems present information by using various media, for example, video, sound, music, animation, movie, etc., in addition to the text which has long been used for conveying the information. Among many multimedia applications, the multimedia information retrieval systems commercialized in the form of multimedia encyclopedia CD-ROMs, benefit by using various media for their ability to present information in an efficient and complete way. But using various media may cause end users' confusion and furthermore, poor user-interface design often exacerbates the systems. For appropriate design of the user interface of multimedia information retrieval systems, we investigated the characteristics of the multimedia information retrieval systems and listed 35 variables that might affect the usability of the user interface. And we selected 10 variables through some procedures such as brainstorming, literature survey, expert opinion, relevance analysis and feasibility analysis, in order to perform a screening study which will remarkably reduce the cost and time in conducting subsequent human factors experiments.

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A Study on Economic Effects of Airlines caused by introduction of Continuous Descent Approach (연속강하접근 도입에 따른 항공사의 경제적 효과에 관한 연구)

  • Park, Sun-Rae;Moon, Woo-Choon
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.19 no.2
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    • pp.52-57
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    • 2011
  • The procedures of Continuous Descent Approach(CDA) is designed to minimize the thrust required during landing, thereby reducing fuel consumption, noise and emissions compared to conventional approach procedures. Widespread implementation of CDA would result in significant reductions in the environmental impact and aircraft operation costs. This paper estimated the possible economic effects from the perspective of airliners through cost-benefit analysis, provided that the CDA is introduced. It is now proposed that a more comprehensive analysis model, which includes the reduced ATC communication burden between controllers and pilots, not to mention the economic aspect, should be established for the improvement.

An Applied Study of the AHP on the Selection of Nonmemory Semiconductor Chip (AHP를 이용한 비메모리 반도체칩 제품군 선정에 관한 연구)

  • 권철신;조근태
    • Korean Management Science Review
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    • v.18 no.1
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    • pp.1-13
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    • 2001
  • Despite that the semiconductor industry plays an important role to our economy, it has abnormal industrial structure stressing too much on memory chips. Thus, it is essential for our corporate to develop nonmemory chips to obtain technological leadership in a highly competitive semiconductor market. In this study, we demonstrate how benefit/cost analysis using the Analytic Hierarchy process (AHP) can be used for the proper selection of nonmemory semiconductor chips: Microprocessor, ASIC, digital IC and Analogue IC. The final results show that ASIC is the most attractive chip to develop, followed by Analogue IC, digital IC and Microprocessor. This is Somewhat consistent with the information that we found with respect to the elements that were taken into consideration. Sensitivity analysis is also provided here.

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Feasibility Study of Pigpen Structures with Polycarbonate through Economic Analysis (경제성 분석을 통한 폴리카보네이트 돈사 구조물의 타당성 연구)

  • Son, Byung Jik
    • Journal of the Korean Society for Advanced Composite Structures
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    • v.5 no.4
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    • pp.58-64
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    • 2014
  • This study analyzes performance-cost ratio of various polycarbonate(PC) pigpen. The finite element models using the ANSYS program described in this paper is attractive not only because it shows excellent accuracy in analysis but also it shows the benefit of parameter study by using APDL. We have performed various parameter study of total 6 models. And we compared and analyzed the results of 6 models. From the numerical examples, we recommend model M2. Model M2 is PC pigpen with steel in PC.

An Economic Evaluation of Multi-Functionality of Rural Areas and Benefit Transfer (농촌 다원적 기능의 경제적 가치와 편익이전)

  • Shin, Yong-Kwang;Rhee, Sang-Young;Kim, Young
    • Journal of Korean Society of Rural Planning
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    • v.10 no.1 s.22
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    • pp.1-7
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    • 2004
  • There are recently many studies on evaluating the economic value of multi-functionality of rural areas. However, the regional difference of economic value leads a problem of different evaluation on its economic value for each region in its application to government policy. This problem causes an increase in cost because it creates restriction in policy decisions which put their importance on the time of their execution. This study investigates the propriety of value transfer using Meta Analysis after evaluating the social and cultural value of rural areas among their functions based on CVM model. It finds that the regional difference in the willingness to pay is 0.13% to 31.42%.

A Study on Linking BCA into the EIA System Based on Two Cases (환경영향평가와 비용편익분석 연계의 유용성- 하천관리사업 및 습지간척사업을 사례로 -)

  • Choi, Mihee
    • Journal of Environmental Impact Assessment
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    • v.13 no.3
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    • pp.103-114
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    • 2004
  • As most of environmental impacts caused by development projects are irrevocable, a thorough review is utmost necessary. Ecological-economic integrated approach inspired by Norgaard's co-evolution theory should be applied to the environmentally adjusted CBA, which plays a decisive role in the feasibility analysis. Based on case studies of NamHan River Management Project and Yeongsangang Wetland Reclamation Project, this paper attempts to show the usefulness of linking basic plan and implimentation design to EIA and suggests to integrate EACBA into the current EIA system institutionally as a more effective policy tool for realizing sustainable development in Korea.

팩시밀리 이용에 따른 교통대체효과 분석에 관한 연구

  • 원제무
    • Information and Communications Magazine
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    • v.10 no.8
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    • pp.77-87
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    • 1993
  • There has been increasing attention paid to the influence of fascimile type of technologies on transportation costs. This attention is noticeable in large business companies, as fascimile become widely available in Korea. The importance of the fascimile usage is that it might effectively substitute for transportation, thereby reducing transportation costs. This paper presents an analysis of cost saving resulting from fascimile usage for substitutable trips. Data were collected from business companies on various aspects of the fascimile usage patterns, with particular emphasis on usage behavior substitutable for trips. Although by no means comprehensive, the analysis revealed that significant benefits can be derived from the usage of fascimile for substitutable trips in business settings. The results of benefit estimation show that net benefits turn out to be 7,608 won and 5,055 won per one usage for large and small companies respectively. If traffic congestion were to be considered, total social benefits would be higher.

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The Study on Application of Fast Track Method for Dam Project Life Cycle′s Analysis (댐 공사에서의 Fast Track을 적용한 생애주기분석에 관한 연구)

  • Yoon, Jae-Ho;Moon, Young-Il
    • Journal of Korea Water Resources Association
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    • v.36 no.5
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    • pp.715-724
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    • 2003
  • It is true that SOC facilities, such as dams, need long life cycles since more time has to be invested for the phases of planning, examination, feasibility study, design, contract, construction, and maintenance. This longer life cycle is easily exposed to the risk. And thus, brings additional cost by the delayed project, convenient loss according to the additional run of use, and benefit lose of not to using the facilities. So, the purpose of this study is to try to find a solution to reduce these time consuming problems which could diminish the whole national competition. Hence, this study is to show efficient, systematical project performance and network model by using reciprocal analyses between the construction period and cost based on economical analysis of each phase of life cycles. In addition, on the basis of these outputs, the Fast Track Method is suggested as an alternative solution as a new Approach in Life Cycle's Analysis.