• 제목/요약/키워드: Competition Structure

검색결과 672건 처리시간 0.022초

항만 경쟁구조 분석 (An Analysis of Port Competition Structures)

  • 김태원;유주영;김현;곽규석;남기찬
    • 한국항해항만학회지
    • /
    • 제30권6호
    • /
    • pp.509-515
    • /
    • 2006
  • 국제교역량이 증가함에 따라 이의 핵심적 요소인 항만의 중요성이 증대되고 있으며, 주요 항만들의 경쟁 역시 심화되고 있다. 항만 경쟁의 궁극적 목적은 물동량 확보라 볼 수 있으며, 항만 관리 운영주체들간 물동량 확보를 위한 치열한 경쟁이 이루어지고 있다. 또한, 해운 항만시장과 물류시스템의 발전 등으로 인하여 항만 구성주체들의 전문화, 분업화 또는 통합화되는 과정 등을 통해 경쟁구조 또한 여러 형태로 나타나고 있다. 이에 항만 관리 운영 주체들의 발전형태에 따른 항만 경쟁구조 변화에 대한 분석이 본 연구의 목적이라 할 수 있다. 연구 결과, 항만의 경쟁구조는 국가간 경쟁, 항만간 경쟁, 컨테이너 터미널운영사간 경쟁, 글로벌터미널운영사의 경쟁 그리고 선사 운영 터미널운영업체의 경쟁과 같이 크게 다섯 가지 형태로 나타났다. 한편, 이들 경쟁주체들은 전략적 차원에서 경쟁이 아닌 협력관계를 부분적으로 보이고 있음을 알 수 있었다.

자본구조의 관성과 상품시장 경쟁간의 관계 (Capital Structure Inertia and Product Market Competition)

  • 최칠선;손판도;이상은;김상현
    • 국제지역연구
    • /
    • 제21권2호
    • /
    • pp.143-169
    • /
    • 2017
  • 본 논문에서는 1981년부터 2015년까지 거래소에 상장된 비-금융기업을 대상으로 자본구조의 관성이 어떻게 산업 간에 차이가 존재하며 이러한 차이가 상품시장 경쟁에 의해 설명될 수 있는지를 실증검증 한다. 본 논문의 실증분석 결과는 '보다 경쟁적 산업에 속하는 기업일수록 자본구조의사결정에 보다 더 관성적으로 하는 경향이 있다'는 것이다. 이러한 결과는 부채의 규율효과에 의해 설명되며, 상품시장경쟁에 대한 대체재로서 기여한다고 할 수 있다. 상품시장 경쟁이 낮을 때, 경영자는 자본구조의사결정과 관련하여 보다 능동적으로 의사결정을 하며 특히 잉여현금 흐름문제를 제약하기 위하여 부채를 사용한다는 것이다. 더욱이 거래비용이 얼마나 설명력이 있는지를 조사하며 자본구조관성에 대한 일반적인 설명이 되는지 파악한다. 본 논문의 결과는 기업의 자본구조에 관성현상이 존재하지만 미국 기업들만큼은 강하지 않았다. 둘째, 이러한 관성효과는 상품시장경쟁과의 관계를 통하여 강하게 나타나지만, OLS 추정모형에서 관성효과가 사라지는 현상이 나타났다. 이러한 결과는 거래비용이 자본구조의 관성을 설명하는 데 중요한 역할을 하지 않는다는 증거로 해석될 수 있다.

판매자간 경쟁과 구매자간 경쟁을 고려한 온라인 마켓플레이스의 수수료 구조 분석 (Analyzing Fee Structure of Online Marketplaces Based on Competition among Sellers and Competition among Buyers)

  • 정영조;장대철;안병훈
    • 한국경영과학회지
    • /
    • 제34권1호
    • /
    • pp.85-100
    • /
    • 2009
  • An online marketplace, such as eBay, is an example of two-sided markets. In online marketplaces, there are transactions between sellers and buyers and direct competition effects among sellers and among buyers. Previous research on two-sided market has not handle these competition effects and mostly focused on indirect network externalities between sellers and buyers. We analyze the fee structure of an online marketplace considering direct competition effects among sellers and among buyers. We find that when fees for sellers and buyers can be imposed, an auction or fixed-pricing rule can be chosen according to the characteristics of a product traded. But when only fees for sellers can be imposed, an auction can be taken as a trading mechanism solely.

Impact of B2B E-Business on the Industry Structure

  • Kim, Eun-Mi;Sawng, Yeong-Wha;Won, Young-Sook
    • 한국정보시스템학회:학술대회논문집
    • /
    • 한국정보시스템학회 2001년도 추계학술대회 발표논문집:차세대 전상거래 시대의 비즈니스전략
    • /
    • pp.271-282
    • /
    • 2001
  • PDF

The Empirical Study of Relationship between Product Market Competition Structure and Overvaluation

  • CHA, Sang-Kwon;PARK, Mi-Hee
    • 유통과학연구
    • /
    • 제18권2호
    • /
    • pp.99-108
    • /
    • 2020
  • Purpose: This paper investigated the relationship between market competition and firm valuation error. Furthermore, Additional analyses were made according to the quality of financial reports and the listed market. Through the process we confirm to the impact of competition on the capital market. The purpose of this study is to analyze the impact of competition on valuation errors. The preceding studies did not provide a consistent results of the effects of competing functions on the capital market. One view is that the competition could mitigate the information asymmetry, and the other is that monopolistic lessens the manager's involvement in financial reporting. This study is intended to expand the prior study by analyzing the impact of competition on the capital market and on the valuation of investors. Research design, data, and methodology: The analysis was conducted on 12,031 samples over 11 years from 2008 to 2018 using data from market in Korea. Here the valuation error was measured by the research methodology of Rhodes-Kropf, Robinson and Viswanathan (2005), and competition measured by Herfindahl-Hirschman Index multiplied by (-1), and Concentration Ratio by (-1). Results: We confirm that the positive relationship between competition and the valuation error. In addition, we also found that the positive relation between competition and valuation error was in cases of low discretionary accruals and the KOSDAQ market. This means that the net function of competition does not mitigate valuation errors. Conclusions. This study has the following contributions when compared to prior research. First, the relevance between the level of competition and the valuation of the entity was confirmed. The study by Haw, Hu and Lee (2015) suggested that monopolistic industry of analysts' forecast is more accurate due to lower the variability in earnings. This study magnified it to confirm that monopolistic lessen information uncertainty in valuation. Second, the study on valuation errors was expanded. While the study on the effect of valuation errors on the capital market is generally relatively active, it is different that competition degree has analyzed the effect on valuation errors amid the lack of research on the effect on valuation errors.

Effects of Channel Structure on the Quality Competition of Exclusively Distributed Products

  • Kang, Yeong Seon
    • Asia Marketing Journal
    • /
    • 제19권4호
    • /
    • pp.37-59
    • /
    • 2018
  • This study investigates the effects of the distribution channel structure on quality decisions under duopoly competition. I considers a set-up in which two retailers compete on product quality and retail price. In the set-up, the integrated retailer has the power to determine the quality of its exclusive product, while the decentralized retailer does not. For the decentralized retailer, the supplier determines product quality. I find that asymmetric pairs of a decentralized channel by one retailer and an integrated channel by the other retailer can be a Nash equilibrium in a simultaneous-channel-choice model. The two retailers select different levels of quality, and this quality competition benefits retailers by softening price competition. In a sequential-channel-choice model, I find that the leader can obtain a first-mover advantage. From the perspective of the supplier, which can decide the distribution channel structure and level of quality, both suppliers choose the decentralized channel in equilibrium.

Individual-based Competition Analysis for Secondary Forest in Northeast China

  • Li, Fengri;Chen, Dongsheng;Lu, Jun
    • 한국산림과학회지
    • /
    • 제97권5호
    • /
    • pp.501-507
    • /
    • 2008
  • The data of crown width with 4 directions, DBH, tree height, and coordinate for sample trees were collected from 30 permanent sample plots in secondary fore st of the Maoershan Experimental Forestry Farm, Northeast China. In this paper, the competition of individual trees in stand were discussed for secondary forest by using iterative Hegyi competition index and crown overlap index that represented the competitive and cooperative interactions among neighboring trees. Active competitors of subject tree in the competition zone were selected to calculate the iterative competition index. Using the results of crown classification based on the equal crown projection area, a new distance dependent competition index called crown overlap index (COI) was developed for secondary forest. The COI performed well in describing the crown competition rather than crown competition factor (CCF). The individual-based competition index discussed in this paper will provide more precise for developing individual tree growth models for secondary forest and it can also use to adjust the stand structure for spatial optimal management.

정보통신산업에서 망과 서비스의 결합여부가 서비스 품질에 미치는 영향 분석 (Analysis of the Effect of Integrating Network Operating and Service Providing on Service Quality in Telecommunication Industry)

  • 김태유;이용길;김연배
    • 기술경영경제학회:학술대회논문집
    • /
    • 기술경영경제학회 1999년도 제15회 하계 학술발표회 논문집
    • /
    • pp.203-225
    • /
    • 1999
  • In this paper, I tried to analyze the relationship between the market structure of teleommunicatin industry and market performance using Economides and Lehr's results considering composite goods methods. And I took three policy scenarios into account. First, government tires to implement the policy which divides the integrated monopoly into network operator and service provider, then invite competition to service part. Second, government tries to implement the policy which invite the competition to service part only. Third, government tries to implement the policy which invite the competition to integrated duopoly. I gained the best result in the third scenario. So we can conclude that Parallel vertical integration is the best market structure. I also specially checked the relationship between the market structure and service quality. I gained the best service quality in the third scenario. So we can conclude that Parallel Vertical Integration is also the best market structure with regard to the service quality.

  • PDF

FlappyBird Competition System: 인공지능 수업의 경쟁 기반 평가 시스템의 구현 (FlappyBird Competition System: A Competition-Based Assessment System for AI Course)

  • 손의성;김재경
    • 한국멀티미디어학회논문지
    • /
    • 제24권4호
    • /
    • pp.593-600
    • /
    • 2021
  • In this paper, we present the FlappyBird Competition System (FCS) implementation, a competition-based automated assessment system used in an entry-level artificial intelligence (AI) course at a university. The proposed system provides an evaluation method suitable for AI courses while taking advantage of automated assessment methods. Students are to design a neural network structure, train the weights, and tune hyperparameters using the given reinforcement learning code to improve the overall performance of game AI. Students participate using the resulting trained model during the competition, and the system automatically calculates the final score based on the ranking. The user evaluation conducted after the semester ends shows that our competition-based automated assessment system promotes active participation and inspires students to be interested and motivated to learn AI. Using FCS, the instructor significantly reduces the amount of time required for assessment.

Internationalization of Brand Biography: Firm Characteristics as Moderators

  • Han, Bang-Wool;Kim, Min-Ho
    • Journal of Korea Trade
    • /
    • 제23권3호
    • /
    • pp.105-117
    • /
    • 2019
  • Purpose - Underdog positioning is often used to evoke a positive attitude when interacting with consumers. However, little research has been conducted on the market competition structure and innovation contexts in which underdog positioning produces the most impact. This research aims to investigate unexplored boundary conditions of underdog positioning and addresses two issues: market structures (oligopoly vs monopolistic competition) and perceived firm innovativeness (PFI). Design/methodology - Two one-way ANOVA designs (market structures: monopolistic competitions vs. oligopoly; perceived frim innovativeness: strong vs. weak) were randomly assigned to 297 graduate and undergraduate students (52 % female) majoring in business. Study 1 examined the effect of underdog positioning on consumer attitudes in the different market structures. Study 2 investigated the relationship between underdog effect and consumer attitudes through viewing conditions that varied in PFI. Findings - Drawing on the results of the study, the authors conclude that underdog positioning is effective to generate more positive consumer attitudes when employed in the market structure of monopolistic competition rather than oligopoly. Moreover, both underdog and top dog positioning are likely to generate more positive consumer attitudes when accompanied with strong PFI than weak PFI. Originality/value -This is the first study to distinguish between monopolistic competition and oligopoly market structures with underdog positioning as well as to demonstrate a positive effect of PFI, regardless of the type of brand narratives.