• Title/Summary/Keyword: Trading Network

Search Result 146, Processing Time 0.022 seconds

Analyzing Fee Structure of Online Marketplaces Based on Competition among Sellers and Competition among Buyers (판매자간 경쟁과 구매자간 경쟁을 고려한 온라인 마켓플레이스의 수수료 구조 분석)

  • Jung, Young-Jo;Jang, Dae-Chul;Ann, Byong-Hun
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.34 no.1
    • /
    • pp.85-100
    • /
    • 2009
  • An online marketplace, such as eBay, is an example of two-sided markets. In online marketplaces, there are transactions between sellers and buyers and direct competition effects among sellers and among buyers. Previous research on two-sided market has not handle these competition effects and mostly focused on indirect network externalities between sellers and buyers. We analyze the fee structure of an online marketplace considering direct competition effects among sellers and among buyers. We find that when fees for sellers and buyers can be imposed, an auction or fixed-pricing rule can be chosen according to the characteristics of a product traded. But when only fees for sellers can be imposed, an auction can be taken as a trading mechanism solely.

A Study of Anime's Success Factors in USA and Its Suggestions

  • Won, Kang-Sik
    • International Journal of Contents
    • /
    • v.3 no.1
    • /
    • pp.29-33
    • /
    • 2007
  • Anime is very popular in Japan, it has also gained a following in America and is beginning to hit the mainstream. Anime is gaining popularity in the United States as it is shown more on television, most noticeably on the Sci-Fi Channel with shows such as Saturday Anime and during Anime Week and on Cartoon Network with shows such as Sailor Moon and Dragon Ball Z being shown every weekday during the Toonami block. In this paper, I present the key factors behind the success of anime in USA. To find out the factors, I research literature and simple survey. The differences of anime from us animation make anime popular. Anime-related goods such as video games, trading cards, and characters' jewelry aid the anime growing popularity. A booming trend in admiration for Japan is one of the key factors behind anime's success. In spite of disputing about Japanese animation, anime is starting to have some influence on US animation and also young American. Anime's success factors in USA could suggest that Korean Manhwa and Korean animation have to prepare strategies for rising popularity in oversea.

A Cooperation Model for Object Sharing in Distributed Systems (분산시스템에서 객체공유를 위한 상호협력모델)

  • 정진섭;윤인숙;이재완
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
    • /
    • 1999.05a
    • /
    • pp.224-229
    • /
    • 1999
  • In distributed object oriented environment based upon wide heterogeneous network, effective cooperation policies between/among distributed objects are needed to resolve a complexity of management of distributed objects because of growing of a large stale of systems. Thus, in this paper, we propose three trading cooperation models between/among traders for supporting a high speed and a wide selection of trader service for clients, by considering three different cooperation models(light weight trader, simple negotiation and federation) depending upon their facilities, goals, and weights of goals.

  • PDF

A Study on Requirements Analysis for the Next Generation of Global e-trade (차세대 전자무역 시스템의 요건 분석)

  • Kim, Hag-Mim;Lee, Ho-Hyung
    • International Commerce and Information Review
    • /
    • v.9 no.4
    • /
    • pp.307-328
    • /
    • 2007
  • This paper discusses some requirement issues of future global e-trade. Korea has been making lots of efforts on e-trade promotions and many research results support that the performance of e-trade should be increased. There are still many unsolved issues as well as future demands in this area. In this paper, we propose some e-trade requirements for next generation and those are e-trade governance, collaboration enhancement among trading participants, the utilization of e-trade documents repository, the expansion of global e-trade network, and e-trade intelligence just to name a few. For each requirement, we propose some research topics as well as practical implications for improving the performance of global e-trades. One can find some useful thoughts for the future research based on the propositions made by this paper.

  • PDF

Optimal Vertical Handover Control Policies for Cooperative Wireless Networks

  • Papadaki, Katerina;Friderikos, Vasilis
    • Journal of Communications and Networks
    • /
    • v.8 no.4
    • /
    • pp.442-450
    • /
    • 2006
  • Inter-operability between heterogeneous radio access technologies (RATs), in the sense of seamless vertical han-dover (VHO) support with common radio resource management (CRRM) functionalities, has recently attracted a significant research attention and has become a prominent issue in standardization fora. In this paper, we formulate the problem of load balancing between cooperative RAT's as a mathematical program and by trading off a pre-defined delay tolerance per request we propose a vertical handover batch processing (VHBP) scheme. To quantify the performance of the proposed VHBP scheme we compare it with a baseline processing scheme, where each VHO request is processed independently under a number of different network scenarios. Numerical investigations reveal significant net benefits of the proposed scheme compared with the baseline, both in terms of achieved load balancing levels but also with regard to the acceptance rate of the VHO requests.

Market Efficiency in Real-time : Evidence from the Korea Stock Exchange (한국유가증권시장의 실시간 정보 효율성 검증)

  • Lee, Woo-Baik;Choi, Woo-Suk
    • The Korean Journal of Financial Management
    • /
    • v.26 no.3
    • /
    • pp.103-138
    • /
    • 2009
  • In this article we examine a unique data set of intraday fair disclosure(FD) releases to shed light on market efficiency within the trading day. Specifically, this paper analyze the response of stock prices on fair disclosure disseminated in real-time through KIND(Korea Investor's Network for Disclosure) on Korea stock exchange during the period from January 2003 to September 2004. We find that the prices of stock experiences a statistically and economically significant increase beginning seconds after the fair disclosure is initially announced and lasting approximately two minutes. The stock price responds more strongly to fair disclosure on smaller firm but the response to fair disclosure on the largest firm stock is more gradual, lasting five minutes. We also examine the profitability of a short-term trading strategy based on dissemination of fair disclosure. After controlling for trading costs we find that trader who execute a trade following initial disclosure generate negative profits, but trader buying stock before initial disclosure realize statistically significant positive profit after two minute of disclosure. Summarizing overall results, our evidence supports that security prices on Korea stock exchange reflects all available information within two minutes and the Korea stock market is semi-strongly efficient enough that a trader cannot generate profits based on widely disseminated news unless he acts almost immediately.

  • PDF

A Study on the M2M Energy Trading System Using Proof of Location Blockchain Network (위치증명기반 블록체인 네트워크를 활용한 사물 간 에너지 직거래 시스템에 관한 연구)

  • Kim, Young-Gon;Heo, Keol;Choi, Jung-In
    • Journal of Energy Engineering
    • /
    • v.29 no.3
    • /
    • pp.86-90
    • /
    • 2020
  • This paper examines a blockchain network-based transaction system using location proofing in power direct transactions between networked energy clouds, energy communities, and prosumer machines participating in smart cities. It utilizes location-based blockchain network technology, which enables long-distance travel with recharging by power purchases during autonomous movements, autonomous electric vehicles that can purchase and sell electricity, and solar street lights that can be produced and sold in fixed form. In addition, it is possible to provide optimum power transaction matching and settlement reliability between machines without human intervention in power transactions between electric chargers. It also introduces a business-to-object business model between autonomous machines that exist in multiple and different spaces and through energy clouds that are expected to be scattered with various transaction prices, policies, and incentives.

A Study on Digital Banking Platform-based FinTech Case: Koscom (디지털뱅킹 플랫폼 기반 핀테크 사례 연구: 코스콤)

  • Chung, Yee Chul;Lee, Sang Gi;Kim, Hee-Woong
    • Knowledge Management Research
    • /
    • v.21 no.1
    • /
    • pp.61-78
    • /
    • 2020
  • Recently, in the global financial transaction field, global transactions using computer systems and server hubs between foreign exchanges beyond the one-dimensional offline transactions and two-dimensional online transactions have been actively conducted. In the previous research by Lee Hyung-wook and Lee Min-jae (2018), as the globalization has accelerated following the development of digital technology and the expansion of ubiquitous communication network, the role of companies, the attribute of economic value creation and economic structure are being reorganized. It is said that O2O (Online to Offline) transactions are increasing due to the development. As a result, a new financial transaction paradigm is emerging that solves the inconveniences of existing financial services and enhances speed and convenience. Considering the global network trend and the rapidly developing and evolving digital bank environment, the necessity of utilizing the business platform model is emerging. However, despite this necessity, there are very limited cases in which such an attempt has been applied in practice. Accordingly, this study seeks to explore the business platform of the new financial transaction system. Specifically, the case study systematically examines the actual implementation of a unique network connection model with Koscom's global investment bank, which is currently in charge of the domestic financial transaction system, and improves ICT innovation performance and process through this. I would like to suggest a solution. In particular, this study analyzed a variety of business model construction and use cases by pursuing a platform connection with digital banks, which has recently been increasingly in demand. Therefore, this study intends to pursue the original and long-term profitability of the company by utilizing ICT innovation and platform business model, and also analyzes the convenience and excellence of trading for institutional and individual investors using the platform of digital bank. The implications of this study are significant in that it explores and explores the actual cases of ICT innovation and additional digital bank platform-connected business models based on this, and suggests a unique and preemptive business strategy of the company in the future.

A Plan to Promote Jeonnam Region's Port Logistics through Establishment of a Logistics Network (물류네트워크 구축을 통한 전남권 항만물류 활성화 방안)

  • Choi, Dong-Oh
    • Journal of Korea Port Economic Association
    • /
    • v.24 no.1
    • /
    • pp.23-39
    • /
    • 2008
  • This paper outlines a plan to promote South Jeonnam region's logistics capability in connection with the regional logistics bases such as Gwangyang Port, Jangseong Integrated Freight Terminal, Mokpo Port and Muan International Airport. The capability of regional innovation bodies, and industrial innovation generally, needs to be improved by establishing a systematic regional innovation plan. Smaller import and export logistics bases, presently scattered in downtown Gwangju and its suburban area, need to be integrated as soon as possible, in advance of the completion of a traffic network connecting all of the triangle logistics bases. Moreover, plans to develop Muan International Airport to the status of a hub airport need to be established, and its function as an air freight terminal should be strengthened. Gwangyang Port and Mokpo Port should be developed as Korea's key harbors with international logistics bases the two ports, presently conducting simple cargo work, should be transformed into general logistics ports conducting logistics, assembling, trading, and international business by developing their surrounding areas.

  • PDF

An Agent System Protection Mechanism for Secure Action of Mobile Agent in Open Network Systems (Open Network 시스템에서 이동에이전트의 안전한 역할 수행을 위한 에이전트 보호메커니즘)

  • Jung, Chang-Ryul;Yoon, Hong-Sang;Koh, Jin-Gwang
    • Journal of the Korea Institute of Information and Communication Engineering
    • /
    • v.6 no.2
    • /
    • pp.371-378
    • /
    • 2002
  • In the resent years, the term mobile agent is probably one of the most overused words in many appliable areas of distributed open systems as electronic commerce and electronic data interchange, and it has very different meanings in the area of artificial intelligence, network management, or distributed systems. However, the use of mobile agent adds significant problems, primarily in the area of EC/EDI. Therefore it is very important to control the roaming agents to keep one's privacy or property in distributed open networks. The surge in secure intranets for commercial applications provides a robust, secure environment to which trading partners can increasingly entrust their interactions to some mobile agents. In this paper, we introduce a mechanism to protect mobile agent itself from the malicious server he is visiting and also we introduce a mechanism to protect vital resources of the open systems as internet.