• Title/Summary/Keyword: auction price

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The Influence of Carcass Traits on Carcass Price in Mature Hanwoo Cow (한우 암소에서 도체형질과 도체가격간의 상관관계)

  • Kim, Dae-Jung;Lee, Chang-Woo;Lee, Chae-Young;Kim, Jong-Bok
    • Journal of Animal Science and Technology
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    • v.52 no.2
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    • pp.157-164
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    • 2010
  • We investigated the influence of carcass traits on carcass price for Hanwoo cow using multiple regression and path analyses. Data for carcass traits and price were collected on mature Hanwoo cow raised in private farms in Kangwon province that were slaughtered in 2008. A total of 96 animals with the average slaughter age of 51 months were used in the current study. Of the carcass traits studied, marbling score (MAR), dressing percentage (DP), and eye-muscle area (EMA) showed moderate and positive correlations with auction price (AP), while correlation coefficients of meat yield index (MINDEX) with AP were low or even negligible. In multiple regression analyses of AP and carcass price (CP) on cold carcass weight (CWT), back fat thickness (BFT), EMA, MAR, and DP, estimates of $R^2$ were 69.86 and 85.43%, respectively. Partial regression coefficients for CWT, BFT, EMA, MAR and DP were -0.028, -0.106, 0.107, 0.814, and 0.075 in the equation of AP and 0.561, -0.060, 0.083, 0.590, and 0.051 in the equation of CP. In path analyses, MAR's total contribution on the variation of AP was largest (0.667), and the total contributions of MAR and CWT on the variation of CP were 0.403 and 0.397. The current study suggested that marbling was the most influential trait on the variation of auction price, and marbling and cold carcass weight were critical traits on the variation of carcass price.

A Strategic Analysis of B2B e-Commerce : The Economic Impact of e-Marketplace Adoption

  • Sohn, Young-Woo;Whang, Kyu-Seung
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2005.11a
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    • pp.305-310
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    • 2005
  • Recently, many organizations in various industries have introduced e-businesses for the purpose of adding value to their businesses. However, due to no comparable business models to e-business in the past, there are no reliable yardsticks to predict the performance of an e-business. This paper considers an environmental change analysis as a means to resolve this difficulty. System Dynamics (SD) could be a useful tool to generate effective results by examining the e-business model. SD model is developed to analyze the effects of an e-sales channel which was appended to the existing sales channels in the steel manufacturing industry. The results show an increase in average price and sales volume through the use of an auction process on the e-marketplace. Stocking expenses are reduced as well by the increase of the sales turnover. A possible scenario was adopted to the developed simulation model and investigated strategic issues to draw desirable strategies with market changes.

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Design and Implementation of Customized Farming Applications using Public Data (공공데이터를 이용한 맞춤형 영농 어플리케이션 설계 및 구현)

  • Ko, Jooyoung;Yoon, Sungwook;Kim, Hyenki
    • Journal of Korea Multimedia Society
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    • v.18 no.6
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    • pp.772-779
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    • 2015
  • Advancing information technology have rapidly changed our service environment of life, culture, and industry. Computer information communication system is applied in medical, health, distribution, and business transaction. Smart is using new information by combining ability of computer and information. Although agriculture is labor intensive industry that requires a lot of hands, agriculture is becoming knowledge-based industry today. In agriculture field, computer communication system is applied on facilities farming and machinery Agricultural. In this paper, we designed and implemented application that provides personalized agriculture related information at the actual farming field. Also, this provides farmer a system that they can directly auction or sell their produced crops. We designed and implemented a system that parsing information of each seasonal, weather condition, market price, region based, crop, and disease and insects through individual setup on ubiquitous environment using location-based sensor network and processing data.

An Auctioning Mechanism for Green Radio

  • Comaniciu, Cristina;Mandayam, Narayan B.;Poor, H. Vincent;Gorce, Jean-Marie
    • Journal of Communications and Networks
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    • v.12 no.2
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    • pp.114-121
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    • 2010
  • In this paper, an auctioning strategy is proposed for cellular networks that ensures net energy savings. The pricing scheme, in conjunction with a two dimensional bid structure, incentivizes cooperation at the terminal nodes for better interference management at receivers and for cooperative relaying. It is shown that, for the proposed auctioning strategy, network operators are guaranteed revenue gains, mobile nodes' dominant strategy is to bid their true valuation of their energy resources, and overall effective energy gains occur under the assumption of a reserve price for bidding. Simulation results show that significant energy savings can be achieved by employing this auctioning mechanism for a 3G cellular set-up.

Do Posted-price Sellers Face a Prisoner's Dilemma When Entering Online Auction Markets? (죄수의 딜레마: 대형 온라인 판매자의 온라인 경매시장 진입에 관한 분석)

  • Jang Dae-Cheol;Lee Ho-Mu;An Byeong-Hun
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.05a
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    • pp.1299-1302
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    • 2006
  • 최근 온라인마켓플레이스 상의 대형 판매자들이 사용하는 가격 메커니즘에 있어 경매방식의 비중이 줄고 고정가 판매의 비중이 높아지고 있다. 이는 낙찰가의 불확실성, 소요 시간 등 경매에 수반되는 비용이 온라인 경매가 경제적 효율성을 통해 판매자의 수입을 높이는 수준 이상의 부담을 지우기 때문으로 보인다. 본 논문에서는 대형 온라인 판매자들이 온라인 경매 시장에 진입하게 된 상황이 죄수의 딜레마와 동질적임을 보이고 이에 기반하여 최근의 온라인 경매의 비중 감소를 살펴본다.

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The Impact of Item Characteristics on the Selective e-Procurement Strategies (구매품목의 특성이 전자조달방식의 선택에 미치는 영향)

  • Chun, Hong-Mal;Pyun, Ji-Surk
    • Asia pacific journal of information systems
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    • v.14 no.2
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    • pp.87-114
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    • 2004
  • This paper empirically examined the relationships between the characteristics of purchasing items and the effective e-procurement strategies. We found that the importance of items has influence on the effective e-procurement, while the complexity of purchasing process has little influence. This fact exhibits the automation of transactional process has little influence on carrying out e-procurement. We also found, companies prefer the horizontal e-marketplace to the vertical e-marketplace. In addition, companies want to purchase through the e-bidding or reverse auction for lower prices.

Generating Reserve Prices for Auction Systems Using Price Changes (경매 시스템에서 가격 변화 추이를 반영한 낙찰 예정가 생성)

  • 고민정;김신우;이용규
    • Proceedings of the CALSEC Conference
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    • 2004.02a
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    • pp.125-128
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    • 2004
  • 최근에 인터넷을 통한 전자경매가 보편화되면서 경매 물품의 가격 결정에 대한 관심이 증가하고 있다. 기존의 경매 시스템에서는 경매물품의 낙찰가를 판매자가 결정하거나 정보 검색 이론의 사례 유사도에 기초하여 생성하는 에이전트가 연구되었다. 그러나 이것은 경매물품에 대한 최근의 변화 요인을 반영하지 못하여 실제 낙찰 가능가와 차이가 큰 가격이 생성되는 경우가 많다. 본 논문에서는 이러한 문제점을 해결하고자 시계열 분석에서 사용하는 이동 평균을 이용하여 최근의 경매 자료로부터 경매 등록 물품의 낙찰 예정가를 자동으로 생성하는 시스템을 제안한다. 본 시스템을 사용할 경우에 경매 물품의 실제 낙찰가와의 차이를 줄여 낙찰률을 높이고, 경매 물품의 객관적인 가격 형성이 가능함을 예측할 수 있다

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Agent Negotiation-based Online Ticket Resale Model (에이전트 협상기반의 온라인 티켓 재판매 모델)

  • Cho, Jae-Hyung
    • Korean System Dynamics Review
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    • v.9 no.1
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    • pp.143-154
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    • 2008
  • This study has tried to suggest a new model that can effectively redistribute the tickets in the online ticket resale market, while suggesting a new allocation mechanism based on an agent negotiation. To this end, this study has analyzed and simulated the secondary ticket market through System dynamics. As a result of these simulations, it has been proved that the price stability of ticket resale market leads to an increase in revenue. An agent negotiation helps to stabilize the ticket prices that are usually inclined to rise at auction, benefiting all the participants in the negotiations, consequently showing a Pareto solution.

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Congestion Control and Differentiated Services based Pricing (요금부과를 기반으로 구별되는 서비스와 혼잡관리)

  • 지선수
    • Journal of Korea Society of Industrial Information Systems
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    • v.8 no.4
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    • pp.17-25
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    • 2003
  • In the current bandwidth mechanism, ISPs provide guaranteed internet bandwidth within itself domains. Also transmission of data through the network can cause congestion. An inevitable consequence is partly responsible for the difficulties to ISPs and customers. In economic views, multiple demands for a scarce resource are mediated through a bandwidth market. Using the auction-based admission algorithm In price congestion, I propose a different pricing scheme for statistically guaranteed QoS.

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Implementation of an XML-based Auction System with Automated Reserve Price Generation (낙찰 예정가 자동 생성 방식의 XML 기반 경매 시스템 구현)

  • Ko, Min-Jung;Kim, Shin-Woo;Lee, Yong-Kyu
    • Proceedings of the Korea Information Processing Society Conference
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    • 2002.04b
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    • pp.1265-1268
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    • 2002
  • 최근에 전자상거래가 보편화되면서 전자경매를 통한 거래가 급증하고 있다. 그러나, 기존 전자경매시스템들은 낙찰 예정가를 판매자에게만 의존하고 있어 물품의 낙찰가가 낮게 결정되거나 유찰되는 경우가 많다. 본 논문에서는 이러한 문제를 해결하고자 판매자에게 가장 적절한 낙찰 예정가를 자동으로 추천하는 XML기반의 경매 시스템을 구현하였다. 이 시스템은 과거의 경매 기록과 인터넷 전자상거래 사이트의 가격 정보로부터 사례 유사도를 적용하여 적합한 예정가를 자동으로 생성하므로 유찰을 줄이고 물품에 대한 낮은 평가를 방지할 수 있다. 또한 이 시스템은 최근의 웹 표준 기술들인 XML스키마, XSL, DOM 등을 이용하였으므로 기존의 시스템들에 비하여 표준화와 확장성의 측면에서 장점을 갖는다.

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