{"title":"Efficiency Measurement for Non-homogeneous Units in a Fuzzy Environment","authors":"W. Yeh, C.-K. Hu, F.-B. Liu, C.-F. Hu","doi":"10.18178/ijtef.2020.11.4.668","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.4.668","url":null,"abstract":"Abstract—Data envelopment analysis (DEA) assumes homogeneity among the decision-making units (DMUs) for measuring the relative efficiency of DMUs. In actual practice the efficiency scores generated by DEA may reflect the underlying differences in environments rather than true operational efficiency when DMUs do not operate under similar conditions. This work considers measuring the relative efficiency of non-homogeneous DMUs in a fuzzy environment. A two-stage analysis incorporating imprecise environmental factors into DEA model for measuring the relative efficiency of non-homogeneous units is proposed. A fuzzy regression analysis is employed for adjusting the data of DMUs to account for variations in the fuzzy causes of non-homogeneity. DEA with fuzzy residual errors is then performed to construct a scalar measure of efficiency for all DMUs. An example of the performance assessment of municipalities' solid waste recycling and disposal channels is included. This is the first attempt to estimate the relative efficiency for non-homogeneous DMUs in a fuzzy environment.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115830950","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Fairness Analysis in Goal-Oriented Requirements Selection","authors":"Hiroki Horita, J. Noguchi","doi":"10.18178/ijtef.2020.11.4.670","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.4.670","url":null,"abstract":"Requirements analysis is an important step in business information system development. Goal-oriented requirements analysis is a powerful method that captures requirements to be satisfied in business information systems as goals and derives means for achieving goals or alternative means. The difficulty in this analysis is that it is difficult to analyze manually when the combination of goals is huge, and to take into account the preferences of the various stakeholders. It is difficult to satisfy the requirements of all stakeholders at the same time because preferences are different and trade-offs for each stakeholder. Therefore, there is a risk that the requirements of some stakeholders may be ignored. Therefore, in this paper, we propose a method using multi-objective optimization to take into account stakeholder preference and to make goal selection with emphasis on fairness. Our method performs a goal selection having both high utility and fairness of the entire stakeholders. We evaluated by a case study and showed the effectiveness.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134032461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Margaret E. Vroman, K. Stulz, C. Hart, Kenneth R. Mullins
{"title":"The Business Cost of Online Defamation","authors":"Margaret E. Vroman, K. Stulz, C. Hart, Kenneth R. Mullins","doi":"10.18178/ijtef.2020.11.4.667","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.4.667","url":null,"abstract":"The Internet has radically changed the way businesses and individuals communicate. Most people view this as a positive achievement and applaud the egalitarian ability of all to post online and locate information of interest. Along with these benefits, however, is the increasing damage done by those who post untrue business reviews, personal attacks and altered photos and videos. Interestingly, the average person will claim to support “freedom of speech” on the Internet – until they are the victim of a false accusation or hate speech. This paper examines when speech ceases to be “free” and crosses the line to defamation. It will discuss some of the laws that govern online defamation, provide situational examples and specify the costs incurred by victims of defamation. Finally, it will conclude with recommendations on how to proactively deal with potential defamation situations.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"110 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134207141","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of A Customer’s Willingness to Pay (WTP) for Organic Fruits and Vegetables: An Empirical Study in the Bangkok Metropolitan Area","authors":"Suthathip Suanmali","doi":"10.18178/ijtef.2020.11.4.669","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.4.669","url":null,"abstract":"Many people have become more interested in environmental products, paying more attention to their health and sanitation. The popularity of organic fruits and vegetables are increasing gradually and soon will become one of the top choices for people’s consumption. However, the consumption of organic food is not as widespread as it should be in Thailand because the prices are unstable and usually more expensive than conventional food. This project’s objective is to identify the factors affecting the willingness to pay (WTP) for organic fruits and vegetables in Bangkok and its metropolitan area by using the Contingent Valuation Method (CVM). Binary logistic regression and multiple regression are employed to determine the significant factors. Descriptive results from a willing to pay premium group indicate that the typical amount (median value) that they are willing to pay is up to 60 percent over the non-organic price. Recommendations are also discussed.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"77 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124980673","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Bottlenecks and Countermeasures for Local Governments to Introduce University Resources","authors":"Qin Zheng, Yan Yinzhou","doi":"10.18178/ijtef.2020.11.4.671","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.4.671","url":null,"abstract":"The article provides a more in-depth analysis and discussion on the importance for local governments to introduce university resources and the main problems encountered in the process. Meanwhile, in view of some existing methods and paths that local governments in the developed areas use in the introduction of university resources, the article puts forward several relatively feasible countermeasures and suggestions.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130952766","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Rachma Bhakti Utami, N. F. Nuzula, Cacik Rut Damayanti
{"title":"Does Earnings Quality Really Matter? An Evidence from Indonesian State-Owned Bank","authors":"Rachma Bhakti Utami, N. F. Nuzula, Cacik Rut Damayanti","doi":"10.18178/ijtef.2020.11.3.666","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.3.666","url":null,"abstract":"The main purpose of this study is to examine earnings quality and their impact on the financial performance of Indonesian state-owned banks from the period of 2006 up to 2018. The indicators for earnings quality are discretionary accruals and earnings persistence while measurements for financial performance are return on assets, return on equity, rate return on loans and total asset turn over. This research covers 4 Indonesian state-owned banks. The data for the study were analyzed using Partial Least Square (PLS). Apparently, testing the effect of earnings quality in Indonesian state-owned banks reveals not a significant result, as unexpected. The result of this study slightly different from other previews research. The mainstream of theoretical asserts that earnings quality has a positive effect on financial performance. This study shows that although earnings quality doesn’t have a significant effect on financial performance, it doesn’t mean that companies can make earnings management on their earnings. This study also recommends that companies not only pursue company profit but also keep other factors to obtain good company performance for the short and long term.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130516504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Inflation Expectation and Consumption: Evidence from CHFS Data","authors":"Yuxin Diao","doi":"10.18178/IJTEF.2021.12.3.698","DOIUrl":"https://doi.org/10.18178/IJTEF.2021.12.3.698","url":null,"abstract":"Abstract—Engineering high inflation expectations has been proposed by economists and policymakers to stimulate consumption and GDP, especially when the nominal interest rate is approximately zero. This paper takes a close look at how individuals’ inflation expectation affects their readiness to spend. Households’ expectations about future economics affect their current consumption and there exists heterogeneous effect because of credit constraints. Using the cross-sectional data from China Household Finance Survey, we find that if households do not have credit constraints, those with positive inflation expectations spend 1437 RMB every year than those who expect the price level will stay the same or decrease. The effect of inflation expectations on consumption is insignificant for households with credit constraints. In addition, we further subdivide consumption into luxuries and necessities.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"67 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126810794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impact of Sustainability Marketing: An Empirical Study on Consumers’ Perception and Attitudes towards Bio Plastic Coffee Cups in Thailand","authors":"C. Changchenkit, T. Plangklang","doi":"10.18178/ijtef.2020.11.3.664","DOIUrl":"https://doi.org/10.18178/ijtef.2020.11.3.664","url":null,"abstract":"Sustainability marketing has recently been a prominent strategy in many industries and sectors worldwide, including Thailand. This study has been conducted through empirical study of bio plastic coffee cup usage in a coffee shop in Thailand, namely Café Amazon. The purpose of this research was to study (1) consumers’ perception towards bio plastic coffee cups. (2) consumers’ attitudes towards bio plastic coffee cups. (3) determinants on bio plastic coffee cup promotion . Data were collected inside the shops from 400 samples who were the customers of Café Amazon coffee shops in Bangkok. Conceptual framework were constructed from three key dimensions of perception process (stimulus, senses and response) and three keys factors of attitudes (affective, cognitive and behavioral factors) towards bio plastic coffee cups. Result showed that consumers expose to the bio plastic coffee cup’s stimulus and sense the message of them in a moderate level, but response actively in a high level. For the attitudinal factors, it was noted that consumers had some certain knowledge about the bio plastic cups and their benefits to consumers and the environment, felt positively about it and showed a supportive behavior to bio plastic coffee cup usage. Different gender, occupation and income level factors affected consumers perception and attitudes differently. To promote bio plastic coffee cup usage, marketers should design the different theme of communication upon segments of different genders, occupation and income groups, but kept the central message on the benefit that each person could help the world.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"37 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134594618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Misallocation in Thai Manufacturing: Trends, Patterns and Its Determinants","authors":"Tawanrat Khochasirisuwan","doi":"10.18178/IJTEF.2021.12.3.696","DOIUrl":"https://doi.org/10.18178/IJTEF.2021.12.3.696","url":null,"abstract":"The main purpose of this paper is to measure the level of misallocation of industries in Thai manufacturing from 1997 to 2017 with a view to formulate prudential policy to promote productivity improvement. A measurement of misallocation proposed in [1] is used. Estimates of misallocation over the past two decades are further used in our balanced panel-data econometric analysis to identify its key determinants. The key findings suggest that most of industries experienced a decrease in misallocation over the past two decades. Nonetheless, the magnitude of changes varies across industries. The paneldata econometric analysis suggests that the changes of misallocation is negatively and significantly related to export output and import penetration ratios. Misallocation in industries in which a number of firms are export and/or import tends to be lower. Interestingly, the role of multinational enterprises can lower misallocation but taking place in more liberal trade environment. The main policy inference, therefore, is in favor of further trade liberalization to encourage firms to globally integrated and entice multinational enterprises.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131020930","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Research on the Conducting Effect of Monetary Policy on Stock Market Based on Investor Sentiment","authors":"Xin Jin, Mengting Li, Tianxi Jin","doi":"10.18178/IJTEF.2021.12.3.695","DOIUrl":"https://doi.org/10.18178/IJTEF.2021.12.3.695","url":null,"abstract":"Abstract—The research of stock market plays an important role in capital market and risk control. For the significant impact on the stock market, this paper studies the effect of monetary policy on the stock market as well as the effect of investor sentiment on the conducting effect of monetary policy by establishing VAR model. This paper also analyses the influence of monetary policy and investor sentiment on stock price in stages by combining specific events in the sample interval and using the structural mutation model. The study reveals that investor sentiment will greatly impact on the transmission of monetary policy, And with a relatively small influence, the impact of monetary policy on the stock market is not always present.","PeriodicalId":243294,"journal":{"name":"International journal trade, economics and finance","volume":"101 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126965711","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}