• 마케팅과학연구
• /
• 제15권1호
• /
• pp.81-103
• /
• 2005

이 연구는 빈번한 가격할인을 하고 있는 국내 의류시장에서 소비자들이 가격이 떨어질 것을 기대하여 제품의 구입을 늦추는 '가격기대효과'가 실제로 존재하는지 실증적으로 분석하고자 하는 데 그 목적이 있다. 특히, 지금까지의 가격연구에서는 규범적 행태적 서술적 연구 등 각 분야의 영역을 접목시킨 통합적 접근이 미진하여 소비자의 심리적 요인을 가격책정에 반영한 시도가 드물었고 시간의 흐름에 따라 변화 하는 가격과 판매량의 관계를 살피는 동태적 연구가 부족하기 때문에, 규범적 연구와 행태적 연구를 접목시켜 의류제품의 가격기대효과를 밝혀내고자 하였다. 이를 위해 기존의 의류제품에 적합한 동태적인 가격기대효과 모델을 수립하였으며 모델을 검증하기 위하여 국내 백화점의 여성복 판매 데이터를 이용하였다. 분석결과 국내 의류제품을 구매하는 소비자들에게 가격기대효과가 존재한다는 사실을 이론적, 실증적으로 밝혀내었다. 이러한 결과는 패션제품의 가격변화에 따른 소비자들의 독특한 구매행동을 반영한 것으로 기존의 동태적 가격연구의 범위를 넓혔다는데 의의가 있다.

• 한국건축시공학회지
• /
• 제6권3호
• /
• pp.67-73
• /
• 2006

This study aims to evaluate the feasibility of remodeling business by predicting the future price of apartment house after remodeling using Hedonic Price Model. The data concerning such 9 independent variables as location, unit size, unit plan, landscape, parking, the number of elapsed years after completion, number of units, mechanical performance, interior from 25 regions in Seoul metropolitan city were collected and evaluated by established evaluation criteria. The coefficients affecting the price of apartment unit were made by Ivay of linear multi-regression and put into Hedonic Price Model. The feasibility evaluation model for apartment was made and verified by data of remodelled apartment. The predicted results using suggested evaluation model coincide with actual apartment market situations.

• 한국건축시공학회지
• /
• 제4권3호
• /
• pp.117-124
• /
• 2004

This study aims to evaluate the feasibility of remodeling business by predicting the future price of apartment house after remodeling using Hedonic Price Model. The data concerning such 8 independent variables as location, unit size, unit plan, landscape, parking, the number of elapsed years after completion, number of units, brand per apartment unit from 25 regions in Seoul metropolitan city were collected and evaluated by established evaluation criteria. The coefficients affecting the price of apartment unit were made by way of linear multi-regression and put into Hedonic Price Model. The feasibility evaluation model for apartment was made and verified by data of remodelled apartment. The predicted results using suggested evaluation model coincide with actual apartment market situations.

• 한국국방경영분석학회지
• /
• 제30권2호
• /
• pp.13-31
• /
• 2004

This paper aims at efficient determining the economic life of weapon systems. Specifically, the procedure to estimate the life cycle cost at initial acquisition state or at development state using the PRICE model is proposed. The PRICE model is a parametric cost estimation which is widely used in the field of national defense. The model includes the estimation of the cost in life cycle of weapon systems such as research and development, acquisition, operation and support. Using this model, economic life of weapon systems can be determined. Based on an equivalent annual cost (EAC) method which sums the capital recovery with return (CR) and the equivalence cost (EC), the economic life will be calculated. A case study is accomplished to illustrate the proposed procedure.

• Journal of Electrical Engineering and Technology
• /
• 제3권1호
• /
• pp.14-19
• /
• 2008

The paper presents an intelligent time series model to predict uncertain electricity market price in the deregulated industry environment. Since the price of electricity in a deregulated market is very volatile, it is difficult to estimate an accurate market price using historically observed data. The parameter of an intelligent time series model is obtained based on the simultaneous perturbation stochastic approximation (SPSA). The SPSA is flexible to use in high dimensional systems. Since prediction models have their modeling error, an error compensator is developed as compensation. The SPSA based intelligent model is applied to predict the electricity market price in the Pennsylvania-New Jersey-Maryland (PJM) electricity market.

• 수산경영론집
• /
• 제45권2호
• /
• pp.29-38
• /
• 2014

This study is to analyse the timing of the structural change of price volatility and the asymmetry of price volatility during the period before and after the timing of the structural change of price volatility using Jeju Farming Olive Flounder's production area market price data from January 1, 2007 to June 30, 2013. The analysis methods of Quandt-Andrews break point test and Threshold GARCH model are employed. The empirical results of this study are summarized as follows: First, the result of Quandt-Andrews break point test shows that a single structural change in price volatility occurred on May 4, 2010 over the sample period. Second, during the period before structural change, daily price change rate has averagely positive value which means price increase, but during the period after structural change daily price change rate has averagely negative value which means price decrease. Also, daily volatility of price change rate during the period before structural change is higher than during the period after structural change. This indicates that price volatility decreases after structural change. Third, the estimation results of Threshold GARCH Model show that the volatility response against price increase is larger during the period after structural change than during the period before structural change. Also the result shows the volatility response against price decrease is larger during the period after structural change than during the period before structural change. And, irrespective of the timing of structural change, price increase has an larger effect on volatility than price decrease. This means volatility is asymmetric at price increase.

• KDI Journal of Economic Policy
• /
• 제12권4호
• /
• pp.3-20
• /
• 1990

다부문모형(多部門模型)은 산업련관자료(産業聯關資料)를 비롯한 산업정보자료(産業情報資料)를 이용하여 장기의 구조변화를 분석 전망하고 총생산성(總生産性)과 요소가격(要素價格)의 변동에 의한 산업경쟁력(産業競爭力)의 추이를 분석하여 중기의 성장전망(成長展望)을 시산(試算)하는 연간(年間) 계량모형(計量模型)으로 25개 산업부문(産業部門)의 1,300여개(餘個)의 구조식(構造式) 정의식(定義式)으로 구성된다. 국내가격과 국제가격(國際價格)의 차이가 산업 무역구조에 영향을 미치고 국내생산과 요소가격이 산업별 요소수요(要素需要)를 결정하며 요소수요와 요소가격에 의하여 소득(所得)이 결정되고 소득과 가격이 산업별 소비지출(消費支出)을 결정한다 ; 산업별 총생산성과 상대가격(相對價格)이 투입산출계수(投入産出係數)에 영향을 미치고 투입산출계수와 상대가격이 산업별 생산비용(生産費用)을 결정하며 생산비용과 경쟁수입가격(競爭輸入價格)을 고려하여 국내가격이 결정된다 ; 생산성증가(生産性增加)와 임금상승(賃金上昇)의 산업간(産業間) 차이가 상대가격(相對價格)을 변화시키고 이로 인하여 산업(産業) 무역(貿易) 고용구조(雇傭構造)가 선진국(先進國)과 동질화(同質化)되는 지식(知識) 기술집약화(技術集約化) 과정이 전개된다.

• Management Science and Financial Engineering
• /
• 제20권1호
• /
• pp.11-16
• /
• 2014

Extending from Grossman and Stiglitz (1980), we provide an asset pricing model of a synchronously traded cross-listed pair under information asymmetry. Following Garbade and Silber (1983), the model further embraces multi-market price discovery in a dynamic framework. The implications are as follows: The price sensitivity of holdings is higher for informed traders than for uninformed traders; the largest cross-border price spread occurs in the absence of arbitrageurs; price discovery is more likely in markets with a larger population of informed traders; and parity convergence accelerates with a higher price elasticity of demand of arbitrageurs.

• 통상정보연구
• /
• 제10권3호
• /
• pp.355-367
• /
• 2008

The purpose of this study is to estimate and analyse the relationship between Chinese price and the price of Korea, United States, and Japan. First of all, We test for a unit-root for stability of variable. This paper employs GPH cointegration test since the model must be stationary to get the accurate predicted values. The empirical results show that the model is mean-reverting. This paper also applies impulse-response functions to the model. The empirical results show that the price of Korea, United States, and Japan respond positively to the shocks in Chinese price and then decay slowly.

• 한국경영과학회:학술대회논문집
• /
• 한국경영과학회 2004년도 추계학술대회 및 정기총회
• /
• pp.289-303
• /
• 2004

As needs for telecommunications services diversify, an increasingly wide range of telecommunications services is becoming available in the market. Any subscriber can find a service to satisfy his/her telecommunication requirements and competition between providers to retain heavy users is increasing. Service price reductions are one retention strategy, although price reductions for one service can affect the individual-level usage for other services. Price reductions can also be imposed on a service provider by regulation. For these reasons, understanding how price reductions affect service usage is of growing importance to the telecommunications industry for purposes of pricing and tariff development. In this paper, we develop an individual-level usage model for telecommunications services and analyze the effects on usage of a price reduction. We apply the model to age-stratified aggregate traffic data for a Korean mobile telecommunication service provider. Finally, we develop a model to support a market segmentation and price reduction strategy.