• Journal of the Korean Home Economics Association
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• v.28 no.3
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• pp.147-160
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• 1990

Family researchers had devoted little attention to Choice, Exchange theory by the time 1960. Being anchored by Thibaut & kelley(1959), this theory becomes one of the most widely used theoretical frameworks for family research. Waller's(1938) famous rating-dating hypothesis was intrinsically an exchange formulation. Blood and Wolfe(1960) employed the concept of rewards in their theory of family power. Farber(1964) also used the reward concept in his theory of permanent availability. Heer's(1964) specific application of its concepts to spousal power was among its earliest uses in the family. The general principle or most general proposition of the theory is that humans avoid costly behavior and seek rewarding statuses, to the end maxmize profits. This review will attempt to show that Choice, Exchange theory is applicable to the several arenas of family interaction and that it can provide an explanation for family behavior. Subjects such as mate selection, marital unstability, family cohesion, spousal power, the problems of aged, family co-unseling, and so on are included. By discussing research findings from a perspective of rewrds and costs this review will show that the application of the theory is not limited to one or two substative specialities with in the family domain. After all Choice, Exchange theory is truly general and can be productively applied to any domain of human behavior.

• The Korean Journal of Community Living Science
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• v.26 no.1
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• pp.19-38
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• 2015

This study explores the types of relationships between 410 adult children and their elderly parents based of exchange theory and the Konstanz model. In terms of the exchange of emotional, instrumental, and economic support based on exchange theory, the types of relationships identified included "support offers," "reciprocity," and "support benefits." In terms of conflict, intimacy, support offers, support benefits, and support obligations for adult children based on the Konstanz model, the type of relationships with the father included "an intimate exchange," "conflictual distance," "a conflictual sense of duty," and "a flexible exchange." The type of relationships with the mother included "an intimate exchange," "conflictual distance," "separate distance," and "a conflictual offer." There were no distinct characteristics of relationship types based on exchange theory. However, there were differences in characteristics of relation types based on the Konstanz model by gender. These results have important implications with respect to the Western model.

• Journal of Distribution Science
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• v.14 no.9
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• pp.15-24
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• 2016

Purpose - Key account management is a supplier company initiated relational approach that has received great attention from both academics and practitioners manifested in the business-to-business relationship literatures. However, there is widespread debate and contention on what should be the underlying theoretical base for defining this vital part of relationship marketing. With the insights from the social exchange theory, present paper explores how social exchange affects the dynamic nature of key account management relationship at the organizational level. Research design, data, and methodology - The paper follows a comprehensive review approach to examine the relationship between social exchange theory and key account management approach. Conceptual arguments and findings are assessed across studies with the main objective of showing how social exchange theory develops the governance mechanism in maintaining the key account relationship. Results - Since relational norm is considered as a glue for the maintenance of buyer-seller relationship in social exchange theory, factors develop the non-contractual governance mechanism 'relationship' in business-to-business relationship and this norm replaces or supplements more formal governance mechanisms such as contracts are explored. Conclusions - This paper advances central relational norm to manage the company's most important key customers and demonstrates how this norm can be developed in buyer-seller key account relationship. Implications from this new perspective are forwarded.

• International Commerce and Information Review
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• v.8 no.4
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• pp.159-175
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• 2006

This paper that explain exchange rate determination using Korea's economy data moment investigate whether each theory cause effect that is some on exchange rate showdown analyzing actual proof relation between foreign exchange fluctuation and financing part variance examine wish to. Because korea economic enters in the 1990s and the 2000s and the change is notable, foreign exchange fluctuation by such change is real condition that is changing. In this paper, I wish to enforce actual proof analysis if change such as him is grasped by form that is some about foreign exchange fluctuation. First, the second chapter investigates exchange rate decision theory that is used on actual proof interpretation, and executes actual proof Test in reply in subsequent the third chapter. And finally, the fourth chapter wishes to drive conclusion of this paper.

• Korean Journal of Oriental Medicine
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• v.1 no.1
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• pp.209-244
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• 1995

The time therapy in oriental medicine is to reserch physiological activity and pathological variation with time, or time with disease. In that, this therapy is to research the development of disease, progress, diagnosis, treatment, and the meaning of preventive medicine. The theory of time therapy has been developed form heaven-human corresponding principle, and fourtimes of seasons is related with human life. After that, this theory affects in yin-yang five circle principle and organ-meridian match system. The independent development was formed later, but the origin has progressed for a logn times. in relation with time therapy, traditional acupuncture therory suggested five semen. In twenty century, the doctor rheinhold voll suggested energy exchange theory, this theory is based on time therapy, but has partial differance also too. His oppinion is this´ the energy present in the body has a circulation following the acupuncture teaching, i.e., the organs and their meridians are flooded in a certain sequence by this flowing energy. This maximum times of the organs are of physiologic and pathologic significance to man. In next time, we will discuss the indivisual theory in detail, and wil have comparison, and considering too.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.28 no.10
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• pp.1238-1246
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• 2004

Momentum exchange theory has been generally used for an analysis of the regenerative turbomachines due to its direct description of the complicate circulatory flow. However, because its application is limited only to linear region and its model equations are incomplete on three variables, it needs further refinements. In the present study it is improved by introducing a central pivot of circulatory flow. Also, by assuming linear circulatory velocity distribution, mean radii of inlet and outlet flows through the impeller are newly suggested. By applying control volume analysis to both linear region and the acceleration region, the governing equation on the circulatory velocity is derived. As a result, systematic performance analysis on the entire region of the incompressible regenerative turbomachines can be carried out based on the proposed model equations.

• East Asian Journal of Business Economics (EAJBE)
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• v.3 no.4
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• pp.9-15
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• 2015

The exchange rate is a very important macro variable that has influence on the whole economy and has, therefore, been the topic of many discussions amongst policymakers, academics and other economic agents. The issue of whether to have a fixed, pegged or floating exchange rate regime was highly debated during the 1970s. The purpose of this paper is to investigate what factors determine the exchange rate in Somalia. Quantitative research methodology has been employed to develop regression model using time series data for the period of 12 years. The regression model has been developed based on Quantity theory of money, purchasing power parity and uncovered interest rate parity theory. Somalia is on the countries where the highest exchange rate volatility exists; for example in 2012, the rate jumped 29% percent and two weak later dropped 21%, when Turkish humanitarian aid agencies injected the market a lot of U.S dollar. Based on my study using regression model for time series data of 12 years, the four factors are mainly attributable for the exchange rate volatility of Somalia; these factors include the balance of payment, inflation rate, money supply (mostly come from remittance and NGOs) and Bank profits.

• Journal of Information Technology Applications and Management
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• v.13 no.4
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• pp.13-39
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• 2006

The primary purpose of this study is to examine the interaction effects of organizational characteristics as contextual variables on the relationship between relational exchange characteristics and ASP service performance. The effect of relational exchange characteristics on ASP service performance has been also investigated. For this purposes, we developed a research model based on the literature reviews of ASP services, relational exchange theory, and contingency theory. A total of 106 usable survey responses from companies using ASP services has been analyzed in the study. The findings indicate that (1) flexibility and partnership had a positive influence upon noneconomic profit, (2) information sharing had a positive influence upon economic profit, (3) organizational size and IS maturity had a partial moderating effect on the relationship between relational exchange characteristics and ASP service performance, and (4) the subgroup analysis, conducted to determine the exact nature of interaction effect, reveals that the relationship between relational exchange characteristics and noneconomic profit is significantly stronger with a high level of organizational size than with a low level, and that the relationship between relational exchange characteristics and economic profit is significantly stronger with a low level of IS maturity than with a high level.

• The Korean Journal of Financial Management
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• v.20 no.1
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• pp.305-329
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• 2003

This work analyzes the influence of the dollar and yen currency on the rate of return of the individual firms and its symmetries based on the data from Jan. 5 1987 to Dec. 28, 2001. GARCH and autoregressive error models were used for on the daily data, due to the heteroscedascity and autoregression of the error terms, and as for the monthly data, this paper follows the autoregressive error models. Daily data fumed out to be a better explanatory variable in detecting exchange rate exposure, and EGARCH(1, 1) and GJR-GRARCH(1, 1) have higher competence in analyzing the daily data. Also, most of the exposed firms have been exposed in the negative region, and appreciation of exchange rate does not help enhancing the asset value of the domestic value. Analysis on the asymmetries let us conclude that high proportion of domestic firms face asymmetric exchange rate exposure, and that the pricing-to-market theory carries more conviction than the real option theory. Furthermore, monthly data are more precise in analysis of asymmetries.

• Knowledge Management Research
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• v.18 no.4
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• pp.119-136
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• 2017

This paper focuses on proactive personality as one of the main personality traits relevant to knowledge sharing and examines how this personal trait influences knowledge sharing behavior. Moreover, in order to consider the interactive effect between proactive personality and a contextual factor, this study utilized the construct of LMXSC which can reveal restoration of resource losses due to knowledge sharing. Because LMXSC can have opposite directions depending on used theories, this study investigates how LMXSC moderates the relationship between proactive personality and knowledge sharing behavior by using conservation of resources theory and trait activation theory. This study tests hypotheses with the data of supervisor-employee dyads in various industries. An empirical results showed that proactive personality increased knowledge sharing behavior and LMXSC strengthened the positive relationship between proactive personality and knowledge sharing behavior as conservation of resources theory predicts. Based on these theoretical arguments and empirical findings, this study suggests theoretical and practical implications, limitations, and the directions of future research.