• Title/Summary/Keyword: Reasonable alternative

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The Effect of Subject Well-being on the Consumer's Pricing of Alternatives (주관적 행복이 대안에 대한 소비자의 가격 책정에 미치는 영향)

  • Kim, Moon-Seop;Choi, Jong-An
    • Journal of Distribution Science
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    • v.10 no.4
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    • pp.29-36
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    • 2012
  • Research on subjective well-being (SWB) has flourished in recent years. As SWB determines cognitive and motivational processes, including social comparison and cognitive dissonance, it determines how consumers make decisions, including the comparison and evaluation of alternatives. Considering that the comparison and evaluation of alternatives is related to social comparison and cognitive dissonance, the influence of SWB on the comparison and evaluation of alternatives needs to be investigated. This research aims to examine the effect of SWB on the comparison and evaluation of alternatives, especially when people acquire additional information about their chosen or non-chosen alternatives, leading to a change of absolute/relative value of alternatives. The reasonable price of an alternative as evaluated by individuals is used as a measure reflecting the perceived value of an alternative. Putting all of this together, the current study intended to investigate the influence of absolute and relative value on the reasonable price of an alternative depending on SWB. Participants were randomly assigned to one of two experiment groups (deterioration of non-chosen alternative vs. improvement of non-chosen alternative). After reading consumer report ratings of alternatives shown on monitor screens, participants chose one of the alternatives, followed by the change of the consumer report ratings (deterioration of non-chosen alternative vs. improvement of non-chosen alternative). Participants evaluated the reasonable price of their chosen alternative based on the provided price of the non-chosen alternative. Two weeks after the experiment, they were asked to answer survey questionnaire on SWB measures. A regression was performed on the reasonable price with experiment groups, mean-centered SWB, and their interaction. There was a significant simple effect of groups and SWB. More importantly, these effects were qualified by the predicted interaction of groups and SWB. To interpret this interaction further, simple slope tests were performed on the price when SWB was centered at one standard deviation above (i.e., happy people) and below (i.e., unhappy people) the mean. As predicted, happy people rated the reasonable price of the chosen alternative higher in the improvement of non-chosen alternative group than in the deterioration of non-chosen alternative group. Conversely, unhappy people showed no price difference between groups. These results show that happy people pay attention to the absolute value of the alternative, whereas unhappy people give more weight to the relative value as well as to the absolute value of a chosen alternative, indicating that unhappy people are more sensitive to the negative information of a non-chosen alternative compared to happy people. The present research expanded the existing research stream on SWB by showing the influence of SWB on the consumers' evaluation of alternatives. Furthermore, this study adds to previous research on SWB and social comparison by suggesting that unhappy people tend to be more sensitive to negative social comparison information of alternatives even when a target of social comparison is not explicitly present. Moreover, these results yield some managerial implications on how to provide product information based on SWB in order to make products more attractive among the alternatives available to consumers.

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The Study on a Reservoir Environment Development Method of Coast Small Islands using 0-1 Integer Programming (0-1 정수 계획법을 이용한 해양 도서지역 상수원 환경 개발 방법에 관한 연구)

  • Joo, K.S.;Park, S.H.
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.13 no.2 s.29
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    • pp.127-132
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    • 2007
  • This study is to determine an optimal reservoir among many alternative proposals in order to obtain the maximized efficiency under the limited budget. There are many alternative proposals which deal with problems to assign reservoir such as water conversion establishment construction, subterranean water, reservoir, submarine pipeline, water boat, and marine water saving base construction. In this paper, the new model to assign the most reasonable alternative is introduced using 0-1 integer programming. This proposed model has not been applied in the optimal reservoir selection problem yet. This paper will contribute to determine the most reasonable alternative to minimize budget under constraints. Also, this proposal model can be applied to other reservoir selection problem in other regions.

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A Study on the Reasonable Selection of New Ward Office Building Site Using Analytic Hierarchy Process (AHP기법을 활용한 공공청사 신축 부지의 합리적인 선정에 관한 연구)

  • Lim, Byung-Hoon
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.6
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    • pp.75-82
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    • 2008
  • The purpose of this study is to present the rational decision process for new ward office building site. AHP Technique used in this study considers both quantitative and qualitative factors on the basis of decision maker's intuitive, reasonable or unreasonable judgement by giving weight through mutual comparision of publicity factors. The evaluaion factors were refer to another five ward office there were executed these kinds of new site selection before. These standards are composed of 6 middle groups and classified into 9 detailed standards. Alternative building sites are five places in this district. The final evauation standards are Accessibility, Urban Expansion Possibility. Distrct balance, Environment, Financing. Development easiness. And It became clear that the priority of evaluation is Financing > Urban expansion > Accessibility > Development easiness > District balance > Environment. In conclusion, it was determined that alternative " E " is the most adequate place for new ward office building.

The Study On A Marina's Construction Location Analysis Using Integer Optimization Programming (정수최적계획법을 이용한 마리나 건설 대상지 분석에 관한 연구)

  • Pak, Seong-Hyeon;Joo, Ki-See
    • Journal of Navigation and Port Research
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    • v.34 no.1
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    • pp.59-64
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    • 2010
  • This study is to determine an optimal marina's construction location candidate among many alternative candidates in order to obtain the maximized efficiency under the natural conditions. To deal with marina's construction location, the optimal construction location is selected using 10 important factor analysis for 10 candidates in Yeosu city. In this paper, the new model to assign the most reasonable alternative is introduced using 0-1 integer programming. This proposed model has not been applied in the optimal marina's facility candidate selection problem yet. This paper will contribute to determine the most reasonable alternative. Also, this proposal model can be applied to other marina's facility candidate selection problem in other regions.

A Kth Shortest Path Algorithm with the Link-Based Label Setting Approach and Its Application for An Alternative Routes Selection (링크표지확정 다수경로탐색 알고리즘과 대안경로선정을 위한 활용)

  • Lee, Mee-Young;Baik, Nam-Cheol;Kang, Weon-Eui;Shin, Seong-Il
    • Journal of Korean Society of Transportation
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    • v.22 no.4 s.75
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    • pp.85-96
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    • 2004
  • Given a Path represented by a sequence of link numbers in a transportation network, the reasonable path is defined as a path that any link is appeared multiple times in it. Application of the link labelmethod(LLM) to the shortest path algorithms(SPA) enables to model the reasonable path choice behavior in urban networks. This study aims at expanding the LLM to a Kth shortest path algorithms(KPSA), which adopts the node label setting method. The small-scaled network test demonstrated that the proposed algorithm works correctly and the revised Sioux fall network test showed that the path choice behaviors are reasonably reflected. In the large-scaled network based on the South Korea peninsula, drivers' route diversion perceptions are included as cost terms in total cost. The algorithm may be applied as an alternative route information tools for the deployment of ATIS.

An One-To-One K-Shortest Path Algorithm Considering Vine Travel Pattern (덩굴망 통행패턴을 고려한 One-To-One 다경로알고리즘)

  • Lee, Mee-Young;Yu, Ki-Yun;Kim, Jeong-Hyun;Shin, Seong-Il
    • Journal of Korean Society of Transportation
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    • v.21 no.6
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    • pp.89-99
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    • 2003
  • Considering a path represented by a sequence of link numbers in a network, the vine is differentiated from the loop in a sense that any link number can be appeared in the path only once, while more than once in the loop. The vine provides a proper idea how to account for complicated travel patterns such as U-turn and P-turn witnessed nearby intersections in urban roads. This paper proposes a new algorithm in which the vine travel pattern can be considered for finding K number of sequential paths. The main idea of this paper is achieved by replacing the node label of the existing Yen's algorithm by the link label technique. The case studies show that the algorithm properly represent the vine travel patterns in searching K number of paths. A noticeable result is that the algorithm may be a promising alternative for ITS deployment by enabling to provide reasonable route information including perceived traveler costs.

On Alternative Collinearity Diagnostics in Linear MEM

  • Moon, Myung-Sang
    • Communications for Statistical Applications and Methods
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    • v.3 no.2
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    • pp.21-28
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    • 1996
  • Collinearities contained in MEM cause the same problems as they do in traditional regression model, so the detection of collinearities is a crucial topic in MEM. One diagnostic was introduced by Carrillo-Gamboa and Gunst, but their method did not work in some cases. Two alternative collinearity diagnostics that provide reasonable measure of collinearities are proposed. Simulation study is performed to compare the small-sample properties of the proposed collinearity diagnostics.

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An Weather Analysis for Selection of the Aircraft Category F's Alternative Airport (F급 항공기 교체공항 선정을 위한 기상분석)

  • Kim, Y.C.;Kim, Dohyun
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.20 no.4
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    • pp.70-75
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    • 2012
  • This paper is part of the research about the selection and justification of Jeju international airport as an aircraft category 'F' alternative airport, which is the results of an weather analysis based on meteorological statistics. As the results of the study, it has been only 1 day per year (58minutes) that weather conditions of Incheon and Jeju international airports, from January 2006 to June 2011, are below landing weather minimums of each airport at the same times. This means that these airports are not within the same meteorological region, which is against the current orthodoxy. In addition, it is very rare that weather conditions of Jeju international airports are below landing weather minimums when Incheon international airport is below landing weather minima. It shows that the meteorological characteristics of these regions differ widely and the designation of Jeju international airport as an alternative airport is scientifically reasonable.

The study On An Reservoir Development Method of small Islands Using 0-1 Integer Programming (0-1 정수 계획법을 이용한 도서지역 상수원 개발 방법에 관한 연구)

  • Joo, Ki-See;Park, Seong-Hyeon;Nam, Tek-Keun
    • Proceedings of KOSOMES biannual meeting
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    • 2005.11a
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    • pp.185-190
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    • 2005
  • This study is to determine an optimal reservoir among many alternative proposals in order to obtain the maximized efficiency under the limited budget. There are many alternative proposals which deal with problems to assign reservoir such as water conversion establishment construction, subterranean water, reservoir, submarine pipeline, water bort, and marine water saving base construction. In this paper, the new model to assign the most reasonable alternative is introduced using 0-1 integer programming. This proposed model has not been applied in the optimal reservoir selection problem yet. This paper will contribute to determine the most reasonable alternative to minimize budget under constraints. Also, this proposal model can be applied to other reservoir selection problem in other regions.

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A Study of Alternative Dispute Resolution for Sports Dispute - Focus on Arbitration System - (ADR을 활용한 스포츠사건의 해결에 관한 고찰 - 중재제도를 중심으로 -)

  • Kim, Yong-Kil
    • Journal of Arbitration Studies
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    • v.21 no.1
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    • pp.109-129
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    • 2011
  • In the approaching 21th century, the outstanding development in international sports has established arbitration as the preferred form of dispute resolution. Because the form of sports dispute becomes more complicated and varied with the quantitative increase of them, the reasonable and rapid settlement of them must be the important problem. The Alternative Dispute Resolution(ADR) as the settlement of sports dispute is regarded as the one of effective dispute resolution method and merits notice. The Korean Sports Arbitration Committee has been established for dispute resolution between athletes and the clubs or alike. Now, We must review and complements the rules of the Korean Sports Arbitration Committee in order to be a representative system of domestic sports dispute arbitration that settle the sports dispute practically and efficiently.

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