• 제목/요약/키워드: Data Bias

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Factors Influencing the Investor's Decision Making: The Moderating Role of Locus of Control

  • KAMRAN, Hafiz Waqas;QAISAR, Abthal;SULTANA, Nayyer;NAWAZ, Muhammad Atif;AHMAD, Hafiz Tanveer
    • The Journal of Asian Finance, Economics and Business
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    • 제7권12호
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    • pp.535-543
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    • 2020
  • Investors from the whole world are looking for those stock markets that are less affected by interest rates. Pakistan is a good place to invest and the investors from the whole world are considering Pakistan for future ventures. The current study, therefore, aims to analyze the factors affecting investors' decision making in Pakistan with the interaction effect of locus of control. The primary data are gathered from 300 respondents. Structural equation modelling (SEM-PLS) is used to analyze the interactions among variables. The study finds positive impact of availability and representative biases on investment decision making. The study could not find any moderating role of locus of control. The results imply that decisions made by Pakistani investors are driven by the most easily or currently available information and they trust on the information obtained from family and friends without any authentication and verification. One possible description of insignificant moderation effect of locus of control can be the sample traits used in the study, e.g., personal characteristics, that change from culture to culture. Another description of these findings may be the association between heuristic biases, including availability, representative and psychological biases and decision-making regarding investment is not personality specific.

Re-examining the Potential for Schema to Aid Students towards Developing EFL Reading Skills

  • Nairn, Anthony George;Im, Byung-Bin
    • 영어어문교육
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    • 제16권1호
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    • pp.81-100
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    • 2009
  • The current study reported on the continuing relevance of the schema theory for reading as it relates to the field of teaching and SLA, whilst highlighting the inherent limitations affecting individual learners. A relevant study was conducted for this article focusing on the extent to which university teacher trainees of English Education are exposed to second language readings with an adherence towards utilizing prior knowledge and drawing upon schemata to support their comprehension. Results from quantitative and qualitative data measured and collected from two groups of university students respectively, indicated certain advantages to this strategy use in respect of increased understanding, familiarity, and comfort level in SL reading. However, those same results identified existing limitations associated with cultural bias, stereotyping and a tendency to focus on wrong information when activating said schemata. As such, the purpose of this study is to promote awareness of the schema theory as an effective strategy option whilst reinforcing a need to pay heed to the concerns associated with strict reliance upon such theory to aid reading skills. Further discussion of these issues and pedagogical implications has been provided along with both suggested considerations regarding teaching for EFL teachers and evaluators.

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심리사회적 중재가 암환자의 통증완화에 미친 효과: 메타분석 (Meta-analysis of Psychosocial Interventions to Reduce Pain in Patients with Cancer)

  • 오복자;한숙정
    • 대한간호학회지
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    • 제43권5호
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    • pp.658-668
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    • 2013
  • Purpose: The purpose of this study was to investigate the effects of psychosocial interventions on pain in cancer patients. Methods: Eight studies published between 1980 and 2012 in Korean and ten studies published between 2002 and 2012 in English met the inclusion criteria with a total of 1539 participants. Methodological quality assessed by Cochrane's Risk of Bias for randomized studies and Risk of Bias Assessment tool for non randomized studies. The data were analyzed by the RevMan 5.2 program of Cochrane library. Results: Overall, study quality was moderate to high. Effect sizes were heterogeneous and subgroup analysis was done. Cognitive behavioral therapy (CBT) were effective for pain (ES= -0.35; 95% CI= -0.56, -0.13). Pain education studies measured with NRS and VAS were effective for pain (ES= -0.77; 95% CI= -1.01, -0.52). Publication bias was not detected. Conclusion: This study support the use of psychosocial interventions administered to cancer patients for their pain management. However, more well-designed studies are needed.

포함확률비례추출에서 회귀계수 최소제곱추정량의 근사분산 (Approximate Variance of Least Square Estimators for Regression Coefficient under Inclusion Probability Proportional to Size Sampling)

  • 김규성
    • Communications for Statistical Applications and Methods
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    • 제19권1호
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    • pp.23-32
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    • 2012
  • 본 논문은 유한모집단에서 회귀계수추정량의 근사편향과 근사분산을 다루고 있다. 유한모집단에서 고정크기 포함확률비례표본을 추출하고 이 표본에서 조사된 데이터에 기초하여 회귀계수를 일반최소제곱추정량과 가중최소제곱추정량으로 추정할 때 두 추정량의 편향, 분산 그리고 평균제곱오차의 근사식을 유도하였다. 그리고 두 추정량의 효율을 비교하기 위하여 두 추정량의 분산을 비교하는 필요충분조건을 제시하였다. 또한 수치적인 비교를 위하여 간단한 예제를 소개하였다.

Overconfidence Bias, Comparative Evidences between Vietnam and Selected ASEAN Countries

  • PHAN, Dzung Tran Trung;LE, Van Hoang Thu;NGUYEN, Thanh Thi Ha
    • The Journal of Asian Finance, Economics and Business
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    • 제7권3호
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    • pp.101-113
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    • 2020
  • The study aims to investigate the existence of overconfidence bias in Vietnam, Thailand, and Singapore. This paper focuses on the Vietnam Stock Market and other two countries of ASEAN, namely Singapore and Thailand. Data was collected over the period from January 1, 2014 to December 31, 2018, daily returns for each of the securities. This paper uses the time series method, namely ADF test, Granger Causality and VAR approach to find evidences of the overconfidence effect in Vietnam in relation to some ASEAN markets. The results show similarities between the observed countries with slight variations, with focus on Vietnam market. In general concrete evidences of overconfidence were found in both Vietnamese and Singaporean markets, in which Singaporean investors show higher degree of overconfidence than Vietnamese investors. Overconfidence is not as clear in Thai market, however a direct causal link from increased returns to increased investor confidence was found. From the model deployed in the paper, there are reasons to conclude that Thai investors are under-confident. The findings of the study shed lights into the existence of overconfidence bias in Vietnam, Thailand, and Singapore on a comparative basis, provide more insights and implications for future research in this new and rising field of research.

실제 eLoran TOA 측정치를 이용한 GPS Aided 오차 보상 기법과 항법 알고리즘의 검증 (Verification of GPS Aided Error Compensation Method and Navigation Algorithm with Raw eLoran Measurements)

  • 송세필;최헌호;김영백;이상정;박찬식
    • 제어로봇시스템학회논문지
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    • 제17권9호
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    • pp.941-946
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    • 2011
  • The Loran-C, a radio navigation system based on TDOA measurements is enhanced to eLoran using TOA measurements instead of TDOA measurements. Many error factors such as PF, SF, ASF, clock errors and unknown biases are included in eLoran TOA measurements. Because these error factors can cause failure in eLoran navigation algorithm, these errors must be compensated for high accuracy eLoran navigation results. Compensation of ASF and unknown biases are difficult to calculate, while the others such as PF and SF are relatively easy to eliminate. In order to compensate all errors in eLoran TOA measurements, a simple GPS aided bias compensation method is suggested in this paper. This method calculates the bias as the difference of TOA measurement and the range between eLoran transmitters and the receiver whose position is determined using GPS. The real data measured in Europe are used for verification of suggested method and navigation algorithm.

변수선택 편향이 없는 회귀나무를 만들기 위한 알고리즘 (Regression Trees with. Unbiased Variable Selection)

  • 김진흠;김민호
    • 응용통계연구
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    • 제17권3호
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    • pp.459-473
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    • 2004
  • 본 논문에서는 Breiman 등(1984)의 전체탐색법이 갖고 있는 변수선택 편향을 극복할 수 있는 알고리즘을 제안하였다. 제안한 알고리즘은 노드의 분리 변수를 선택하는 단계와 그 선택된 변수에 대해서만 이진분리를 위한 분리점을 찾는 단계로 나뉘어져 있다. 예측변수가 연속형 일 때는 스피어만의 순위상관계수에 의한 검정을 수행하고, 범주형일 때는 크루스칼-왈리스의 통계량에 의한 검정을 수행하여 통계적으로 가장 유의한 변수를 분리변수로 선택하였고 Breiman 등(1984)의 전체탐색법을 그 변수에만 적용하여 노드의 분리기준을 정하였다 모의실험 연구를 통해 Breiman등(19히)의 CART와 제안한 알고리즘을 변수선택 편의, 변수선택력파 평균제곱오차 측면에서 서로 비교하였다. 아울러 두 알고리즘을 실제 자료에 적용하여 효율을 서로 비교하였다.

남녀 대학생의 인유두종 바이러스 백신접종의도 영향요인 비교 (Comparison of Factors Associated with Intention to Receive Human Papillomavirus Vaccine Between Male and Female Undergraduate Students)

  • 김혜원
    • 여성건강간호학회지
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    • 제17권4호
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    • pp.415-425
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    • 2011
  • Purpose: This study was done to identify and compare factors associated with intention to receive Human Papillomavirus (HPV) vaccine between male and female undergraduate students. Methods: In the fall of 2010, 479 students responded to self-administered questionnaires about their intention to receive HPV vaccine, HPV knowledges, HPV related involvements and optimistic bias, subject's characteristics including opinion about HPV vaccine. Mann-Whitney U test, uni-variate and multi-variate logistic regression were used for data analysis with SPSS/WIN. Results: Intention to receive vaccine were 22.0% of men and 25.0% of women. There were significantly different in HPV knowledge (Z=-2.74, p=.006), optimistic bias (Z=-4.60, p<.001), vaccine is necessary for women (Z=-4,30, p<.001), vaccine is necessary for men (Z=-4.37, p<.001), vaccine is necessary if only symptom exist (Z=-4.52, p<.001), but there were not different in intention to receive vaccine, involvement between men and women. Concern about vaccine safety (OR=3.19, 95% CI 1.63~6.23) was determinant of intention to receive HPV vaccine for men. Conclusion: This study showed gender differences in HPV knowledge, HPV related optimistic bias and opinion about HPV vaccine, which would be assessed and well managed in tailored HPV education for enhancing HPV vaccine acceptance.

모바일 애플리케이션 업데이트 선택에 대한 사용자 후회 (User's Regret on Update Decisions of Mobile Applications)

  • 박상철
    • 한국정보시스템학회지:정보시스템연구
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    • 제24권3호
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    • pp.75-94
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    • 2015
  • Purpose While new versions of mobile applications could offer users better computing environment, users are not always comfortable with them for various reasons. Considering making update decisions is important task for users, it is crucial for us to understand users' behavior and attitude on app updates. The purpose of this study is to explain why mobile users succumb to both reactance toward the update and satisfaction to the current version, ultimately leading them to feel the regret by employing three theoretical perspectives including regret theory, status quo bias theory and the dual model. Design/methodology/approach Survey data collected from 204 mobile users was used to test the research model using partial least squares analysis. The results have shown that both reactance toward the update and satisfaction to the current version have negative impacts on individuals' decisions to update, which leading to their regret after updating the applications Findings By integrating both status quo bias and regret theory in the model, this study tried to explain why mobile users feel regret in application update settings. More specifically, this study has proposed a novel framework that introduces an individual's update decision on mobile applications.

핀테크 지급결제 서비스 수용 저항요인 연구 : 혁신저항이론과 현상유지편향이론을 중심으로 (The Study of User Resistance to Fintech Payment Service: In the Perspective of Innovation Diffusion And Status Quo Bias Theory)

  • 황신해;김정군
    • 한국정보시스템학회지:정보시스템연구
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    • 제27권1호
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    • pp.133-151
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    • 2018
  • Purpose Global fintech industry is proliferating. Although domestic investment in fintech service is also increasing fast, user acceptance of fintech payment service seems slower than expected. Previous fintech literature mainly focuses on overall characteristics and technical aspects of fintech including security issues and explores factors affecting the service adoption. This study aims to examine crucial factors affecting user's resistance intention to fintech payment service adoption. The research model was formulated based on innovation diffusion theory and status quo bias theory and validated empirically. Design/methodology/approach The proposed research model was empirically validated with 149 responses from college students who have used fintech payment service. The component-based SEM was employed for data analysis. Findings The significant findings are as follow. First, compatibility has significant negative effect and complexity, and perceived risk has a positive effect on user resistance. Second, institutional trust does not show a significant effect on user resistance but has an indirect effect through the mediation of trust in service provider. Finally, trust in service provider shows the significant negative effect on user resistance.