• Title/Summary/Keyword: Logit Models

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The Determinants of Selection as IT New Industry and its SWOT Analysis (IT 신산업의 선정 결정요인 및 SWOT 분석)

  • Kim, Hong-Kee;Min, Wan-Ghi;Lee, Jang-Woo;Jang, Song-Ja
    • Journal of Korea Technology Innovation Society
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    • v.7 no.1
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    • pp.64-88
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    • 2004
  • This paper aims at investigating which factors play important roles in selecting government's new core IT industries and how competitive they are. We surveyed 6 competitiveness factors and 17 IT industries for the expert group. The logit and probit models were estimated and SWOT analysis was performed. The empirical results show that government put emphasis on marketability, externality and technology, not publicity, when selecting IT new core industry. The skilled human resources turn out to be a threat factor in the government selected IT new core industries such as home-network, third generation semi-conductor. Therefore, training or education system for skilled labors is required to develop and nurture such industries. The contribution to small medium venture industry and publicity are lower in the several industries such as intelligent service robots, post PC, embodied S/W, next generation battery, which are selected by government, not by standardized data based criterion. in such industries, marketabilities, technology, skilled human resources are threats factors to such industries. Therefore every effort for enhancing the marketability and R&D investment and education system for skilled labor are necessary to develop the industries.

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A Study on a Choice Model of Outdoor Leisure Activities of the Megalopolis Citizens (대도시 주민의 실외 여가활동 선택모형 확정에 관한 연구 -서울을 중심으로-)

  • 최기수;진양교;김한배;진상배;김영모;이상우
    • Journal of the Korean Institute of Landscape Architecture
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    • v.21 no.4
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    • pp.131-145
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    • 1994
  • The leisure demands and the interests for the quality of urban residents have been increased, but the leisure space is absolutely deficient. In the leisure site planning, the concrete understanding about people's leisure site choice is the most important thing, not only for the aspect of the leisure demands reception and the improvement of the life quality but also the aspect of the efficiency of land use. The purposes of this study are firstly, to find out prefered leisure sites, secondly, to establish the choice models of the each prefered leisure site to be substituted for existing indiscriminating leisure space planning. And for the choice model establishment, we used Logit Model, which has been used in the Traffic, the Toursim, the Economics fields. We extract people's perfered leisure sites in Seoul through 1st and 2nd survey, those are a park, a pocket park, a play hall, a recreation center(sport center), a hobby facility, a library. The established choice model for each prefered site can predict people's choice about 70 percents correctly. It indicates that the Logit model is useful for the explanation about the choice of residents in the urban area. Specially, the main affect factors to the choice of each prefered leisure site are different. It means that different consideration factors or different standards are needed for each leisure site planning.

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Determinants of energy efficiency in Sub-Saharan Africa

  • Acquah, Patience Mensah;Sun, Huaping;Alemzero, David Ajene;Li, Liang
    • Asia Pacific Journal of Business Review
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    • v.5 no.2
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    • pp.19-44
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    • 2021
  • Sub Saharan Africa (SSA) is receiving increased investments in the energy sector under the belt and road initiative (BRI) project since its inception in 2013. SSA has a worse energy efficiency ratio coupled with deficient electricity access, through analysis showed varied impacts on the SSA countries due to the BRI initiative. This study dilves into the influencing factors for Energy Efficiency (EE) in 38 SSA countries, applying the probit and logit approach for 2000-2018. The Multiple-regression model shows significant results of some variables such as foreign direct investment, gross domestic product, and port infrastructure quality being significant on EE under BRI initiative countries. However, the logit and probit models produce similar results and the marginal effect for the entire variable, except energy imports that do not likely impact EE. Furthermore, the interaction of quality of port infrastructure and foreign direct investment variables produces significant results, highlighting the increased investments SSA receives under the BRI initiative in the energy and transport sectors. The model Percent correctly predicted (PCP) value was about 84%, indicating it correctly classified the variables and about 16% not classified. The study recommends EE performance standards should be incorporated on energy projects in SSA to ensure that these projects are energy efficient and decouple SSA's energy demand from economic growth. The research proffers suggestions for policy regarding the BRI initiative in SSA and the implications on sustainable energy and building a community with a shared future.

Predicting Financial Distress Distribution of Companies

  • VU, Giang Huong;NGUYEN, Chi Thi Kim;PHAM, Dang Van;TRAN, Diu Thi Phuong;VU, Toan Duc
    • Journal of Distribution Science
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    • v.20 no.10
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    • pp.61-66
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    • 2022
  • Purpose: Predicting the financial distress distribution of an enterprise is important to warn enterprises about their future. Predicting the possibility of financial distress helps companies have action plans to avoid the possibility of bankruptcy. In this study, the author conducted a forecast of the financial distress distribution of enterprises. Research design, data and methodology: The forecasting method is based on Logit and Discriminant analysis models. The data was collected from companies listed on Vietnam Stock Exchange from 2012 to 2020. In which there are both companies suffer from financial distress and non-financial distress. Results: The forecast analysis results show that the Logistic model has better predictability than the Discriminant analysis model. At the same time, the results also indicate three main factors affecting the financial distress of enterprises at all three research stages: (1) Liquidity, (2) Interest payment, and (3) firm size. In addition, at each stage, the impact of factors on financial distress differs. Conclusions: From the results of this study, the author also made several recommendations to help companies better control company operations to avoid falling into financial distress. Adjustments to current assets, debt, and company expansion considerations are the most important factors for companies.

The Implementation of Smart Factories: Empirical Evidence from Korean Small and Medium-Sized Enterprises (스마트팩토리 도입 영향요인에 관한 실증연구: 우리나라 중소제조기업을 중심으로)

  • Chung, Jiyoon
    • Asia-Pacific Journal of Business
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    • v.13 no.2
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    • pp.79-94
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    • 2022
  • Purpose - The purpose of this study is to examine firm-level attributes related to Korean manufacturing small and medium-sized enterprises' (SMEs') decisions to implement smart factories. Design/methodology/approach - This study uses the provided by the Ministry of SMEs and Startups of Korea and the Korea Federation of SMEs. Manufacturing SMEs' decisions to implement smart factories in 2018-2019 were analyzed using multinomial logit and ordered logit models. Findings - The findings of this study suggest that firms' decisions to implement smart factories were positively related to firm size, R&D intensity, international market scope, and transactional relationships with customers. However, smart factory implementation decisions were not related to firm age and CEO gender. Research implications or Originality - This study illuminates firm-level attributes that may drive organizational innovation in the era of Industry 4.0 and thus contributes to the innovation adoption literature. This study also contributes to growing research on smart factories by analyzing the actual, progressive decisions to implement smart factories, as opposed to perceived intentions to implement them.

A Survey on Privacy Vulnerabilities through Logit Inversion in Distillation-based Federated Learning (증류 기반 연합 학습에서 로짓 역전을 통한 개인 정보 취약성에 관한 연구)

  • Subin Yun;Yungi Cho;Yunheung Paek
    • Annual Conference of KIPS
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    • 2024.05a
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    • pp.711-714
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    • 2024
  • In the dynamic landscape of modern machine learning, Federated Learning (FL) has emerged as a compelling paradigm designed to enhance privacy by enabling participants to collaboratively train models without sharing their private data. Specifically, Distillation-based Federated Learning, like Federated Learning with Model Distillation (FedMD), Federated Gradient Encryption and Model Sharing (FedGEMS), and Differentially Secure Federated Learning (DS-FL), has arisen as a novel approach aimed at addressing Non-IID data challenges by leveraging Federated Learning. These methods refine the standard FL framework by distilling insights from public dataset predictions, securing data transmissions through gradient encryption, and applying differential privacy to mask individual contributions. Despite these innovations, our survey identifies persistent vulnerabilities, particularly concerning the susceptibility to logit inversion attacks where malicious actors could reconstruct private data from shared public predictions. This exploration reveals that even advanced Distillation-based Federated Learning systems harbor significant privacy risks, challenging the prevailing assumptions about their security and underscoring the need for continued advancements in secure Federated Learning methodologies.

Search for an Optimal-Path Considering Various Attributes (다양한 경로속성을 고려한 최적경로 탐색)

  • Hahn, Jin-Seok;Chon, Kyung-Soo
    • Journal of Korean Society of Transportation
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    • v.26 no.1
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    • pp.145-153
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    • 2008
  • Existing shortest-path algorithms mainly consider a single attribute. But traveler actually chooses a route considering not single attribute but various attributes which are synthesized travel time, route length, personal preference, etc. Therefore, to search the optimal path, these attributes are considered synthetically. In this study route searching algorithm which selects the maximum utility route using discrete choice model has developed in order to consider various attributes. Six elements which affect route choice are chosen for the route choice model and parameters of the models are estimated using survey data. A multinomial logit models are developed to design the function of route choice model. As a result, the model which has route length, delay time, the number of turning as parameter is selected based on the significance test. We use existing shortest path algorithm, which can reflect urban transportation network such as u-turn or p-turn, and apply it to the real network.

Freight Mode Choice Modelling with Aggregate RP Data and Disaggregate SP Data (집계적 현시선호자료와 비집계적 진술선호자료를 이용한 화물수단선택모형 구축)

  • Kang, Woong;Lee, Jang-Ho;Park, Minchoul
    • Journal of the Korean Society for Railway
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    • v.20 no.2
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    • pp.265-274
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    • 2017
  • For accurate demand forecasting of railway logistics, we estimated intercity freight mode choice models based on the binary logit model and using production-consumption data from the Korea Transport Database. We estimated two types of models and compared the results by major item of railway logistics, such as container, cement, and steel: 1) The aggregate freight mode choice models are based on the revealed preference (RP) data and 2) The disaggregate models are based on the stated preference (SP) data. With respect to the container, the travel time variable was found to be statistically significant; however, the travel cost variable was not statistically significant in the RP model, while the travel cost variable was statistically significant in the SP model. For cement and steel, the travel cost variables were statistically significant but the travel time variables were not statistically significant in either the RP or the SP models. These results are inconsistent with results from previous studies based on SP data, which showed that the travel time variables were significant. Consequently, it can be concluded that the travel time factor should be considered in container transport, but that this factor is negligible for cement and steel transport.

Toward Stochastic Dynamic Traffic Assignment Model: Development and Application Experiences (Stochastic Dynamic Assignment 모형의 개발과 활용)

  • 이인원;정란희
    • Journal of Korean Society of Transportation
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    • v.11 no.1
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    • pp.67-86
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    • 1993
  • A formulation of dynamic traffic assignment between multiple origins and single destination was first introduced in 1987 by Merchant and Nemhauser, and then expanded for multiple destination in the late 1980's (Carey, 1987). Based on behavioral choice theory which provides proper demand elasticities with respect to changes in policy variables, traffic phenomena can be analysed more realistically, especially in peak periods. However, algorithms for these models are not well developed so far(working with only small toy network) and solutions of these models are not unique. In this paper, a new model is developed which keeps the simplicity of static models, but provides the sensitivity of dynamic models with changes of O-D flows over time. It can be viewed as a joint departure time and route choice model, in the given time periods(6-7, 7-8, 8-9 and 9-10 am). Standard multinomial logit model has been used for simulating the choice behavior of destination, mode, route and departure time within a framework of the incremental network assignment model. The model developed is workable in a PC 386 with 175 traffic zones and 3581 links of Seoul and tested for evaluating the exclusive use of Namsan tunnel for HOV and the left-turn prohibition. Model's performance results and their statistical significance are also presented.

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Hybrid Learning Architectures for Advanced Data Mining:An Application to Binary Classification for Fraud Management (개선된 데이터마이닝을 위한 혼합 학습구조의 제시)

  • Kim, Steven H.;Shin, Sung-Woo
    • Journal of Information Technology Application
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    • v.1
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    • pp.173-211
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    • 1999
  • The task of classification permeates all walks of life, from business and economics to science and public policy. In this context, nonlinear techniques from artificial intelligence have often proven to be more effective than the methods of classical statistics. The objective of knowledge discovery and data mining is to support decision making through the effective use of information. The automated approach to knowledge discovery is especially useful when dealing with large data sets or complex relationships. For many applications, automated software may find subtle patterns which escape the notice of manual analysis, or whose complexity exceeds the cognitive capabilities of humans. This paper explores the utility of a collaborative learning approach involving integrated models in the preprocessing and postprocessing stages. For instance, a genetic algorithm effects feature-weight optimization in a preprocessing module. Moreover, an inductive tree, artificial neural network (ANN), and k-nearest neighbor (kNN) techniques serve as postprocessing modules. More specifically, the postprocessors act as second0order classifiers which determine the best first-order classifier on a case-by-case basis. In addition to the second-order models, a voting scheme is investigated as a simple, but efficient, postprocessing model. The first-order models consist of statistical and machine learning models such as logistic regression (logit), multivariate discriminant analysis (MDA), ANN, and kNN. The genetic algorithm, inductive decision tree, and voting scheme act as kernel modules for collaborative learning. These ideas are explored against the background of a practical application relating to financial fraud management which exemplifies a binary classification problem.

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