• Korean Journal of Logic
• /
• v.7 no.1
• /
• pp.67-83
• /
• 2004

The purpose of this paper is to defend Kripke's theory of truth from Simmons' objection. First after introducing various sorts of the liar paradox, briefly I explain Tarski's attempt to solve the puzzle. Then, I outline Kripke's solution by using the concept of 'fixed point'. Simmons offers an interesting objection against Kripke's solution. He uses a diagonal argument in his attack to Kripke's idea. I claim that Simmons seem to use 'exclusion negation' in refuting Kripke. I think, however, there is an alternative interpretation, which is 'choice negation'. With using choice negation, I maintain that Kripke's theory of ruth can be defended from Simmons' objection.

• Journal of Distribution Science
• /
• v.11 no.5
• /
• pp.63-76
• /
• 2013

Purpose - For the past several decades, behavioral economics or behavioral decision theory has undergone rapid development. This study provides a critical review of the development of behavioral economics with a focus on what are deemed to be core theories in the field. Starting from the utility function proposed by Daniel Bernoulli in the 18th century, the development history of utility functions until the emergence of the prospect theory is thoroughly reviewed. Some of the experimental results violating the traditionally assumed utility function and supporting the prospect theory value function are summarized. The most representative principles of rational choice are transitivity, independence from irrelevant alternatives (IIA), and regularity. The development of behavioral economics has been triggered by finding counter-examples to these principles. Some of the choice behaviors discussed in this study as counter-examples to the traditional theories of rational choice are the St. Petersburg paradox; the Allais paradox; gambling behavior; and the various context effects including the similarity effect, attraction effect, and the compromise effect. The Elimination-by-Aspects (EBA) model, which was proposed as an explanation for the similarity effect, is discussed in detail as well. Based on the literature review and further analysis, this study summarizes the relationship between the context effects, prospect theory, and EBA model. Research design, data, and methodology - This study provides an extensive literature review on several important theories in the field of behavioral decision theory and adds some critical comments to the theories and the relationships among them. This study first reviews the development of utility functions. Daniel Bernoulli introduced the concept of utility function to solve the St. Petersburg paradox. In the mid-20th century, Herbert Simon proposed the "satisficing" heuristic and presented a value function with a shape different from traditional utility functions. This study highlights the strengths and weaknesses of several utility functions proposed until the emergence of the prospect theory value function. Results - This study posits that prospect theory and EBA model are the two most important theories in the field of behavioral decision theory. They can explain various choice behaviors that traditional utility maximization analysis has been unable to. The application of these models to various fields is further increasing nowadays. This study explains how prospect theory and the EBA model can be used to explain the context effects. Conclusions - The traditional economic theory relies on a single variable called "utility" in explaining consumer choice. However, this study argues that, in investigating consumer choice, several other variables should also be considered. These are the similarity among alternatives, an alternative's prototypicality within the category, the dominance relationship between alternatives, and the reference point in evaluating alternatives. Due to the development of behavioral economics, we are now closer to a more complete understanding of consumer choice behavior than in the past when we had only a single tool called utility.

• Management Science and Financial Engineering
• /
• v.16 no.2
• /
• pp.115-138
• /
• 2010

People acknowledge that mobile technology has improved their lives in terms of convenience, flexibility, connectedness, and new freedom of choice. However, as people increase usage of technology, they may become frustrated, challenged, annoyed, and irritated with it. This is the main characteristic of mobile technology paradoxes. Once technology gets into people's daily life, which it already has, people will look for a way to minimize the dependency on the technology, as well as finding a way to use the technology to improve the quality of their life. The focus of this study is to understand the mobile technology paradoxes and to develop coping strategies. As mobile technology is already a part of people's daily life, it is inevitable that people need to utilize technology as part of their lifestyles. This study developed a research model regarding the relationship between mobile technology perception and choice of coping strategies, including personal risk propensity as a mediating factor. Discussion on the importance of the technology paradoxes for developing mobile solution and services from the customers' perspectives followed after hypotheses testing.

• The Journal of The Korea Institute of Intelligent Transport Systems
• /
• v.4 no.1 s.6
• /
• pp.81-88
• /
• 2005

Cooperation among network users would be possible in a near future, as real time communication between them can be available by telematics. This implies that non-cooperative assumption like Wardrop's principle, which has been widely used so far in network modelling may not be appropriate for route choice problem. So a new principle requires for describing such cooperative case. This paper presents a criterion, which represents cooperative route choice behaviour among network users. With some examples, we compare the non-cooperative principle and the cooperative one presented in this paper. Numerical results from the examples show that the new principle would be better than the existing one.

• Journal of Korean Institute of Industrial Engineers
• /
• v.23 no.1
• /
• pp.77-94
• /
• 1997

Reengineering, also known as a business process redesign, involves a fundamental rethinking, and often a radical redesign, of an entire business process or a set of process to achieve dramatic improvements. The central paradox of reengineering is that its own advantages constitute the greatest threat to its success. For reengineering to be the right choice, the organization must have real capacities to embrace changes across the board. The key is to begin with, and to preserve, a vision of the new order, which drives this structured approach, and is in turn calibrated by that approach. However, in most cases of these calibrations, the empirical evidences on the effect of determinants in the reengineering are required. Seemingly, the research results in this area are scarcely verified. This article tried to search the effect of four dimensions of the reengineering toward the performance of reengineering. The results showed that the factors of the organization behavior and of the methodology/operation had more affected on the performance.

• Korean Journal of Logic
• /
• v.17 no.2
• /
• pp.253-287
• /
• 2014

In First-Order Logic the English expressions, 'any', 'every', 'all', and 'each' are treated on a par but have different meanings in the natural language usages. Especially the expression 'any' is typically used only in the negative contexts, which linguists have paid attention to and attempted to provide an adequate explanation of. I shall show that the explanations so far mainly from linguists are not satisfactory and revive the philosophical insights concerning the logical features of 'any' provided by Zeno Vendler in 1962. I shall claim that the expression 'any' has what Vendler calls the 'freedom of choice' as its primary meaning and denotes what Kit Fine calls an 'arbitrary object'. It will be shown that the logical features of 'any' are manifested more evidently in the analysis of the Korean expression 'amwu'. I believe that this analysis has significant philosophical implications. As an instance I shall show that we can take a fresh perspective on the problem which involves the universal generalization rule and the preface paradox.

• Journal of Labour Economics
• /
• v.43 no.4
• /
• pp.87-116
• /
• 2020

This study empirically investigates the possible negative relationship between the number of job offers and the job satisfaction in the Korean labor market, using the Korea Labor Income Panel Study, where the number of job offers of young workers are collected in the third wave. Results show that the number of job offers is negatively related to every year job satisfaction, this effect is smaller for higher earning and older individuals, and there is a gender heterogeneity. We discuss that having more job offers does not necessarily increase the workers' utility, which is a general monotonic assumption in the traditional economics. We suggest that having a large number of job offers allowing them to choose the best option can be inefficient itself, and therefore it is better to focus on qualitative matching rather than increasing just the absolute number of job opportunities.

• Asia pacific journal of information systems
• /
• v.33 no.4
• /
• pp.1156-1170
• /
• 2023

Various corporates have launched products and brands to meet the diverse needs of consumers. However, an excess of information and products could be collapsed into a choice paradox far from the intention. As an alternative to these problems, curation-based services have recently been in the limelight and can be adopted into e-commerce sites. As one of the earlier studies on the considerable factors of curation services, this study focuses on the online fashion recommendation system in which design quality, interactivity, and perceived usefulness will affect trust, satisfaction, and continued intention to use. In the result, the design quality factor shows a positive effect on satisfaction, but not on the trust. Also, interactivity doesn't demonstrate a significant positive effect on both the satisfaction and the trust factors far from the previous ones but the perceived usefulness had a positive effect on those. In addition, the personalization does not affect a significant effect on the satisfaction factor but on the trust factor. Subsequently, the trust affects the satisfaction, and the satisfaction on the continued intention to use factor, but trust does not significantly affect the continued intention to use directly.

• The Journal of the Korea Contents Association
• /
• v.20 no.12
• /
• pp.103-111
• /
• 2020

This article selected a feature film (1993) of Ken Loach who is widely known as 'Socialist Realism Film' director and attempted to explore the thesis of everyday (life) and alienation in daily space. To this end, major theories related to everyday life, dailiness, social space, daily space, alienation, and especially Henri Lefevre's discussions were used as the theoretical background and research methodology. According to the results, director Ken Loach presents the possibility of transformation of everyday life by criticizing the ills of capitalism that occur in public social spaces such as vacant lots and parking lots in and private daily spaces such as homes. It also emphasizes the reality that the alienation of the working class, which has no choice but to be exposed 'stone rain', is taken for granted and the paradox that the alienation from such reality can be achieved in everyday life. These research findings can be said to mean that the social space of everyday life is the basis for changing the dailiness of everyday life.

• The Journal of Information Systems
• /
• v.27 no.1
• /
• pp.153-169
• /
• 2018

Purpose Since human brains catch images faster than texts or numbers, infographics has been widely used in business in the form of "information dashboard" to enhance the efficiency of decision-making. Groupware, however, has neglected the adoption and use of infographics, in particular, in the idea generation process. Given that an overall performance of groupware-based idea generation is no better than that of the (paper-and-pencil-based) Nominal Group Technique, Jung et al. (2010) adopted the notion of infographics in the form of performance feedback to solve the productivity paradox. With the consistent results, which demonstrate beneficial effects of infographics on performance enhancement, an interesting observation that groups with the bar chart treatment performed better than groups with the dot chart treatment was made. The main purpose of this study was to find if there were a performance consistency between the outcomes from the previous study and the outcomes from the current study. Design/methodology/approach In experiment 1, we employed the same system used in the previous study (i.e., Jung et al., 2010). As individuals' contributions accumulated, the mechanism visually displayed individuals' performances two-dimensionally in the form of a bar chart or a dot chart. Then, we compared the performance outcomes from this study to the outcomes from previous study (i.e., Jung et al., 2010). In experiment 2, we modified the performance graph to test the effect of "playfulness" on performance by converting dots to car images. Then, we compared the performance outcome from experiment 2 to the outcomes from experiment 1. Findings Just like our interesting (and unexpected) finding in Jung et al.'s study (2010), the outcome confirmed a consistent superior performance of a bar chart. This implies that a bar chart is a better choice when stimulating performance with a visual aid in the context of groupware-based idea generation. Although a bar chart was criticized in a way that errors of length-area judgments are 40 ~ 250% greater than those of positional judgments along a common scale, such illusion turned out to be facilitating upward performance comparison better. Regarding Experiment 2, the outcome showed that the revised-dot graph is as good as the bar graph in terms of quantity and quality score of ideas. We attribute the performance enhancement of the resized-dot to the interaction between the motivational characteristic and the situational characteristic of playfulness because individuals in the revised-dot graph treatment performed better than individuals in the dot graph treatment. Given the order of performance (Bar >= Revised Dot > Dot) that the revised-dot treatment performed the same as (or lower than) the bar treatment, an additional research is warranted to reach to a consistent outcome.