• Title/Summary/Keyword: risk modelling

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A Study on Intention to Adopt Digital Payment Systems in India: Impact of COVID-19 Pandemic

  • Kavita Jain;Rupal Chowdhary
    • Asia pacific journal of information systems
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    • v.31 no.1
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    • pp.76-101
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    • 2021
  • Digitalization and digital transformations have metamorphized the face of Financial Inclusion globally, more so, in cash obsessed economies like India. The purpose of our study is to empirically analyze the users' intention to adopt digital payment systems, post Demonetisation, during the COVID-19 pandemic in India. The conceptual framework for the study is based on the Unified Theory of Acceptance and Use of Technology (UTAUT) adoption model with added operationalized constructs of Perceived Risk and Stickiness to use Cash. A total of 326 respondents were surveyed using a pre-tested questionnaire during the Nationwide Lockdown 3.0 in India. These responses were analyzed using Partial Least Squares - Structural Equation Modelling (PLS-SEM) technique. The findings of the study revealed that performance expectancy and facilitating conditions directly influence the intention of individuals to use digital payment systems, whereas the effect of perceived ease of use on digital payment systems is mediated through the attitude towards the digital payment systems during COVID-19 pandemic situation. Implications of the proposed adoption model are discussed. This will enable the other developing economies to formulate a digital ecosystem, that is here to stay even after the pandemic.

An Integrated Framework for Modeling the Influential Factors Affecting the Use of Voice-Enabled IoT Devices: A Case Study of Amazon Echo

  • Temidayo Oluwapelumi Shofolahan;Juyoung Kang
    • Asia pacific journal of information systems
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    • v.28 no.4
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    • pp.320-349
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    • 2018
  • Purpose: The application of IoT is finding continuous acceptance in our daily lives, particularly, smart speakers are making life easier and convenient for consumers. This research aims to develop and test an integrated model of factors influencing consumer's adoption of voice-enabled IoT devices. Design/methodology/approach: Based on the VAM, an integrated voice-enabled IoT device adoption model is proposed. Gender differences on five constructs relating with perceived value (perceived usefulness, perceived enjoyment, perceived security risk, perceived technicality and perceived cost) was also examined through PLS-MGA technique. The usage experience of consumers was also controlled in the integrated VAM. Findings: Result shows that Perceived-Usefulness, Perceived-Enjoyment and Perceived-Cost have a strong effect on Perceived-Value. However, Perceived-Technicality and Perceived-Security-Risk are non-influential and have no significant effect on PV. Additionally, Perceived-Value and Social-Influence plays a significant role in predicting adoption intention. Gender differences also exist in consumers perception of usefulness, enjoyment and cost. In comparison to the basic value-based adoption model, the integrated model provides more insight on consumers adoption of voice-enabled IoT devices. Originality/value: Using an integrated model, this study is one of the first scholarly attempt at modelling the influential factors for adopting smart speakers i.e., voice-enabled IoT devices, with implications for improved adoption.

A Study on Safety Assessment of CTC/EI Interface (열차집중제어장치와 전자연동장치 인터페이스의 안전성평가에 관한 연구)

  • SHIN Seok-kyun;LEE Key-seo
    • The Transactions of the Korean Institute of Electrical Engineers B
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    • v.54 no.7
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    • pp.309-316
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    • 2005
  • In this paper we analyzed a dangerous failure and a safety requirement based on HIA (Hazard Identification and Analysis) of an interface model between CTC (Centralized Traffic Control) system and El (Interlocking) system, and assigned SU (Safety Integrity Level) by way of an risk estimation of the interface, which employed PHA (Preliminary Hazard Analysis) for the interface of the track control system, being managed as separated system between the centralized traffic control system and the interlocking system, An estimation which satisfies a safety reference of the international standard has been achieved through a quantification of the system failure rate and the dangerous failure rate of the interface model.

Buckling of monopod bucket foundations-influence of boundary conditions and soil-structure interaction

  • Madsen, Soren;Pinna, Rodney;Randolph, Mark;Andersen, Lars V.
    • Wind and Structures
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    • v.21 no.6
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    • pp.641-656
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    • 2015
  • Using large monopod bucket foundations as an alternative to monopiles for offshore wind turbines offers the potential for large cost savings compared to typical piled foundations. In this paper, numerical simulations are carried out to assess the risk of structural buckling during installation of large-diameter bucket foundations. Since shell structures are generally sensitive to initially imperfect geometries, eigenmode-affine imperfections are introduced in a nonlinear finite-element analysis. The influence of modelling the real lid structure compared to classic boundary conditions is investigated. The effects of including soil restraint and soil-structure interaction on the buckling analysis are also addressed.

Hand arm vibration measurement using micro-accelerometer in different brick structures

  • Gomathi, K.;Senthilkumar, A.;Shankar, S.;Thangavel, S.;Priya, R. Mohana
    • Smart Structures and Systems
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    • v.13 no.6
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    • pp.959-974
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    • 2014
  • Hand-Arm Vibration Syndrome (HAVS) is a group of diseases caused by exposure of the hands to vibration while operating the hand held power tools such as road breaker, drilling machine, demolition hammer in construction works. In this paper, area-changed capacitive micro-accelerometer is designed to measure the vibration exposure on worker's hand when operating a drilling machine on various blocks such as clay block, paver block and solid cement block. The design process includes mathematical modelling of micro-accelerometer and simulations are done using INTELLISUITE 8.6. Experimental results are taken for various blocks surfaces using conventional and micro-accelerometer. Comparisons show that usage of area-changed micro-accelerometer for Hand-arm vibration monitoring provides better sensitivity, which in turn reduces the risk of HAVS in workers.

A Study on the Modelling Method of Underwater Electric Field Signature due to Ship's Corrosion (선체 부식에 의한 수중 전기장 신호 특성 모델링 기법 연구)

  • Chung, Hyun-Ju;Yang, Chang-Seob;Jeon, Jae-Jin
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.876-878
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    • 2008
  • The galvanic corrosion of a vessel, or systems fitted to minimize the ship's corrosion such as ICCP(Impressed Current Cathodic Protection) system and sacrificial anodes, can lead to significant electrical current flow in the sea. The presence of vessel's current sources associated with corrosion will give rise to detectable electric field surrounding the vessel and can put it at risk from mine threats. For this reason, it is necessary to design corrosion protection systems so that they don't only prevent a hull corrosion but also minimize the electric field signature. In this paper, we describe theoretical backgrounds of underwater electric field signature due to corrosion and corrosion protection system on naval vessels and analysis results of the electric field according to ICCP anode arrangement.

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Policy Acceptance's Change and Forecasting: Simulation Modelling for High Level Radioactive Repository Site (정책수용성의 변화와 예측: 고준위방사성폐기물처분장 입지사례)

  • Oh, Young-Min
    • Korean System Dynamics Review
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    • v.12 no.1
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    • pp.39-57
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    • 2011
  • This paper is the result of simulation modeling concerning high-level radioactive waste repository(HLRWR) and people's mind for the facility. We describe a procedure of simulation modeling for resident's policy acceptance and perceived risk of HLRWR facility by using System Dynamics approach. To Complete some complicated works, we made the 20 pieces of stock-flow diagrams based on the causal loop diagram that is a blue print of whole variables and relations. The simulation outputs clearly show that cental government efforts to siting the HLRWR will be failed if nothing to give for the region's residents. On the contrary, a monetary incentive and a regional development program help to turn this gloomy situation into a desirable and acceptable condition dramatically. Government has to prepare the schemes considering the HLRWR acceptance and total supporting program including the cash and local development programs.

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A Design Decision Support Framework for Evaluation of Design Options in Passenger Ship Engine Room (여객선 기관실의 설계 옵션 평가를 위한 결정 지원 프레임 워크)

  • Kim, Soo Woong
    • Journal of the Korean Society of Mechanical Technology
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    • v.13 no.2
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    • pp.9-19
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    • 2011
  • Most real world design evaluation and risk-based decision support combine quantitative and qualitative (linguistic) variables. Decision making based on conventional mathematics that combines qualitative and quantitative concepts always exhibit difficulty in modelling actual problems. The successful selection process for choosing a design/procurement proposal is based on a high degree of technical integrity, safety levels and low costs in construction, corrective measures, maintenance, operation, inspection and preventive measures. In this paper, a design decision support framework using a composite structure methodology grounded in approximate reasoning approach and evidential reasoning method is suggested for design evaluation of machinery space of a ship engine room at the initial stages. An illustrative example is used to demonstrate the application of the proposed framework.

Integrated Model for Assessment of Risks in Rail Tracks under Various Operating Conditions

  • G. Chattopadhyay;V. Reddy;Larsson, P-O
    • International Journal of Reliability and Applications
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    • v.4 no.4
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    • pp.183-190
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    • 2003
  • Rail breaks and derailments can cause a huge loss to rail players due to loss of service, revenue, property or even life. Maintenance has huge impact on reliability and safety of railroads. It is important to identify factors behind rail degradation and their risks associated with rail breaks and derailments. Development of mathematical models is essential for prediction and prevention of risks due to rail and wheel set damages, rail breaks and derailments. This paper addresses identification of hazard modes, estimation of probability of those hazards under operating, curve and environmental condition, probability of detection of potential hazards before happening and severity of those hazards for informed strategic decisions. Emphasis is put on optimal maintenance and operational decisions. Real life data is used for illustration.

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Building GIS Application Model in Support of Tsunami Relief Effort (쓰나미 재난 대응을 위한 GIS 응용모델 구축에 관한 연구)

  • Liyanage, Asha Nilani;Lee, Heewon;Lee, Seok-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.3
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    • pp.1489-1494
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    • 2013
  • Tsunami happens rarely enough to allow a false sense of security, but when they do occur, there may be just minutes or hours for people to reach a safe location. Natural disasters like tsunami are inevitable and it is almost impossible to fully recoup damages caused by the disasters. However, it is possible to minimize the potential risk by developing early warning strategies. GIS modelling with its geoprocessing and analysis capability can play a crucial role in efficient mitigation and management of disaster. This study aims at developing integrated spatial information system processing model supporting tsunami evacuation action planning using geo-information technology such as GIS. The integration process classified into four phases. And in each phase, required input data and GIS processes are decided. The main effort in minimizing casualties in tsunami disaster is to evacuate people from the hazard area before tsunami strikes by means of either horizontal or vertical evacuation. The study provides essential spatial information for local decision making related with people's evacuation in tsunami-prone areas based on a modeling approach transferable to other coastal areas.