• 제목/요약/키워드: Market Model

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스마트그리드 수요반응 추정을 위한 계량경제학적 방법에 관한 연구 (Econometric Study on Forecasting Demand Response in Smart Grid)

  • 강동주;박선주
    • 정보처리학회논문지:컴퓨터 및 통신 시스템
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    • 제1권3호
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    • pp.133-142
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    • 2012
  • 쿠르노 모델은 경쟁적 전력시장을 게임이론 기반으로 모델링하기 위한 대표적인 모델이다. 이전 연구에서도 쿠르노 모델을 이용하여 전력시장을 모델링 하기 위한 다양한 시도가 이루어져 왔다. 쿠르노 모델은 몇 개의 주요 발전사업자들이 경쟁하고 그로 인해 시장지배력이 존재하는 과점 시장모델에 적합하다. 쿠르노 모델로 시장을 모델링함에 있어서는 우하향 하는 수요함수의 존재가 선결되어야 한다. 과점에서 시장참여자들은 시장지배력을 활용하여 그들의 이익을 극대화하려고 노력하지만, 우하향하는 시장수요함수에 의해 매출 역시 하락하기 때문에 적당한 지점에서 이러한 시장지배력의 행사를 제한하여야 한다. 스마트그리드에서는 실시간으로 변동하는 요금제와 다양한 전산기반 툴의 활용으로 인해 이러한 수요반응이 더욱 활성화될 것이고, 이 경우 쿠르노 모델은 수요반응 솔루션의 주요 모델로 활용될 것이다. 이에 본 논문은 실제 시장에서 계량경제학적인 접근으로 전력시장의 수요곡선을 추정하는 방법에 대해 제안한다.

A Study on the Revitalization of Traditional Liquor Distribution: Focus on Social Enterprises

  • Choi, In-Sik;Lee, Sang-Youn
    • 유통과학연구
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    • 제11권2호
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    • pp.11-21
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    • 2013
  • Purpose - The purpose of the study is to promote the adoption of traditional liquor product contents in order to revitalize the market and to increase consumer awareness of traditional liquor. Research design, data, methodology - In this study, the 4P relationship model was evaluated that included the self-supporting business of traditional liquor, continuous business, diversification of the types of the liquor, and discovery of preliminary social enterprises for the distribution of the liquor. Results - The study suggested a 4P relationship model that consisted of traditional liquor as the product, traditional market as the place, promotion within traditional market, and payment of labor costs. In other words, selection of the traditional liquor product, place, rental supports, distribution and delivery strategies, operations, public relations and training, foundation of social enterprises, and discussion between departments. Conclusions - The central government, local governments, and merchants (the market association) should actively cooperate with each other to revitalize the market for traditional liquor. Social enterprises that rely on a non-profit business model are likely to revitalize the traditional liquor market.

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이동통신 시장 포화상태에 따른 평가와 경쟁우위 확보에 관한 연구: Porter의 경쟁세력모델을 중심으로 (A Study on the Competitive Advantage of the First Mover and Evaluation in Korean Mobile Communication Market: Focused on Competitive forces model of Porter)

  • 이은재;심완섭
    • 통상정보연구
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    • 제7권1호
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    • pp.35-54
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    • 2005
  • The rapid growth of wide Korean Mobile Communication Market in recent years. in order for Korean Mobile Communication Market to be Successful, it must have a Competitive Advantage. But as of yet, there virtually no such strategies. Hitting upon this situation, this study intends to discover the Competitive Advantage in Korean Mobile Communication Market The Purpose of this paper Investigates Competitive Advantage that Evaluation in Korean Mobile Communication Market. Especially, we Focused on Competitive forces model of Porter. Consequently, the study results show that Competitive Advantage like M-commerce, CS and high technology product in Korean Mobile Communication Market.

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Quantile Dependence between Foreign Exchange Market and Stock Market: The Case of Korea

  • Han, Heejoon;Lee, Na Kyeong
    • East Asian Economic Review
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    • 제20권4호
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    • pp.519-544
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    • 2016
  • This paper examines quantile dependence and directional predictability between the foreign exchange market and the stock market in Korea. Instead of adopting a multivariate model such as a vector autoregressive model, a multivariate GARCH model or a combination of both models, we apply the cross-quantilogram recently proposed by Han et al. (2016). Considering various quantile ranges, we investigate various spillover effects between two markets. Our findings show that there exists an asymmetric bi-directional spillover between two markets and the interdependence between two markets implies that one market has significant predictive power on the other.

다각화 합병과 비다각화 합병간의 성과분석 (A Study on the Performance Analysis between Conglomerate and Non-conglomerate M&A)

  • 김동환;김안생;김종천
    • 한국산학기술학회논문지
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    • 제4권4호
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    • pp.422-427
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    • 2003
  • 본 논문은 1990년부터 1997년 IMF금융위기가 일어난 시점까지 이루어진 다각화 합병과 비다각화 합병기업들의 M&A사례를 표본으로 하여 합병성과를 분석하였다. 합병성과 측정모형은 시장모형(market model)과 시장조정 수익률 모델(market-adjusted return model)을 그리고 검증은 t-통계량을 이용하였다. 연구결과, 본기간에 발생된 합병성과는 80년대에 비하여 경쟁적이고 보다 자율적인 M&A특성으로 인하여 비다각화합병 기업에게 부(-)의 성과가, 다각화합병기업에게는 정(+)의 성과로 나타났다.

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ARIM모형을 활용한 모듈러 건축시장 현황 조사 (Survey on the Market of Modular Building Using ARIMA Model)

  • 박남천;김균태;이유리
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2014년도 춘계 학술논문 발표대회
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    • pp.14-15
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    • 2014
  • The modular construction is as yet early stage of market in Korea. So It is have difficulty of market demand forecast of the modular building. Therefore, this study was done analysis for market trends of the modular building using ARIMA(Auto Regressive Integrated Moving Average) model by time series data.

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한국 제조업체의 중국시장 진입유형 선택 결정요인에 관한 연구 (A Study on Selection Determinant Factor in the China Market Entry of Korean Manufacture Firms)

  • 이제홍
    • 통상정보연구
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    • 제10권4호
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    • pp.417-437
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    • 2008
  • Korean firms have had a short history of foreign direct investment and export in China market entry. This present study empirically analyzed determinants of the choice of foreign market entry modes, Particularly forcusing on the China market entry on Korean manufacture firms. This study developed a research model to determinant factor in the China market entry and collected 77 survey responses from the Korean manufacture firms. This study model construct in the third factor, China market character, company character and product character. In China market character, the variance are China trade barrier, culture different, competition power. The variance in company character are internationalization experience, enterprise rage and entry motivation. Also the variance in product character are product different, customer service and cost advantage. It is researcher's main interest that which type of China market entry format brought most positive evaluation form the Korean manufacture firms. therefor, these research results turned out to be different a little both export and direct investment in China market of Korean manufacture firms.

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게임이론을 적용한 전력시장 전력거래방식의 후생 측면 비교 연구 (A Comparative Welfare Analysis on the Trading System in an Electricity Market by Using Game Theory)

  • 이광호
    • 대한전기학회논문지:전력기술부문A
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    • 제52권10호
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    • pp.616-623
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    • 2003
  • Competition among electric generation companies is a major goal of restructuring in the electricity industry, The trading system in an electricity market has been one of the most important issues in deregulated electricity market. This paper deals with comparisons of the major two types of the trading system: compulsory pool market and bilateral contract market. The two trading systems are compared quantitatively from the viewpoint of consumer's surplus and social welfare, This paper, also, proposes a unified model of Cournot and Bertrand for analyzing the mixed trading system of pool market and bilateral contract market. Nash equilibrium of the unified model is derived by criteria for participating in bilateral contract market. Numerical results from a sample case show that a mixed trading system of pool market and price-competitive bilateral market is beneficial to consumer from the view points of consumer's surplus.

Risk Volatility Measurement: Evidence from Indonesian Stock Market

  • Rahmi, Mustika;Azma, Nurul;Muttaqin, Aminullah Achmad;Jazil, Thuba;Rahman, Mahfuzur
    • The Journal of Asian Finance, Economics and Business
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    • 제3권3호
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    • pp.57-65
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    • 2016
  • The purpose of this paper is to investigate the volatility of both Islamic and conventional stock market in Indonesia with the aim of identifying the most appropriate model for risk management practice. The study considers GARCH as a genre of model to measure the volatility of stock market movement. The results support the view that each model shows specific volatility from both Islamic and conventional stock market in Indonesia. In Islamic stock market, volatility is affected by exchange rate and money supply (M1) but not interest rate as interest is prohibited in Islam. However, interest rate is found as a principal factor that affects volatility of conventional stock market. The outcomes of this paper are of particular significance to policy makers, as it provides guidelines to maintain economic health. Furthermore, the findings may assist practitioners to understand the consequences of macroeconomic factors such as exchange rate, money supply and interest rate, which are very crucial for the market stability of Indonesian stock market. The paper enhances the understanding of stock market volatility and proposes guidelines risk management practices.

기업소모성자재(MRO) 관련 e-Marketplace의 경쟁구조와 비즈니스 모델에 관한 연구 (A Study on the Competitive Structure and Business Models of MRO e-Marketplace)

  • 안종수
    • 통상정보연구
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    • 제7권4호
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    • pp.117-134
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    • 2005
  • B2B transaction was expected to dominate in the global market and thus many e-marketplaces have been built since 1999 in Korea. However, only a few e-marketplaces are thriving and the future of B2B e-marketplaces except MRO area seem to be uncertain. This paper explores why B2B transactions only in MRO area are rapidly increasing and examines the competing structure and business models of MRO e-marketplace. Business models of MRO e-marketplaces are various among different countries. However, they can be classified as three business models:information portal model, purchasing agent model, open market model. It is not easy to answer which business model is most competitive because each models have their own advantages and functions. Information portal model can be easily applied for the e-marketplace which operates off-line enterprises. Purchasing agent model is favorable to the e-marketplaces which has already obtained buyers and sellers. Open market model is desirable to the e-marketplace which has excess to global market.

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