Search results
1 – 10 of over 58000The objective of this study is to present a successful strategy to promote Korea as the logistics hub of Northeast Asia. Firstly, we introduce the necessity of a logistic hub…
Abstract
The objective of this study is to present a successful strategy to promote Korea as the logistics hub of Northeast Asia. Firstly, we introduce the necessity of a logistic hub strategy for Korea. In order to develop a successful strategy, we consider the 'free trade zone' model of the Netherlands and China. We develop a realistic and suitable model for Korea based on this Jree trade zone' model. Our proposal for a successful logistic hub strategy for Korea is the fulfillment of the following six objectives: 1) security of market accessibility, 2) improvement of the logistic system, 3) improvement of the education system, 4) improvement of the tax system, 5) assurance of labor market flexibility, and 6) development of an appealing living environment for foreigners.
Aim to the limitations of grey relational analysis of interval grey number, based on the generalized greyness of interval grey number, this paper tries to construct a grey angle…
Abstract
Purpose
Aim to the limitations of grey relational analysis of interval grey number, based on the generalized greyness of interval grey number, this paper tries to construct a grey angle cosine relational degree model from the perspective of proximity and similarity.
Design/methodology/approach
Firstly, the algorithms of the generalized greyness of interval grey number and interval grey number vector are given, and its properties are analyzed. Then, based on the grey relational theory, the grey angle cosine relational model is proposed based on the generalized greyness of interval grey number, and the relationship between the classical cosine similarity model and the grey angle cosine relational model is analyzed. Finally, the validity of the model in this paper is illustrated by the calculation examples and an application example of related factor analysis of maize yield.
Findings
The results show that the grey angle cosine relational degree model has strict theoretical basis, convenient calculation and is easy to program, which can not only fully utilize the information of interval grey numbers but also overcome the shortcomings of greyness relational degree model. The grey angle cosine relational degree is an extended form of cosine similarity degree of real numbers. The calculation examples and the related factor analysis of maize yield show that the model proposed in this paper is feasible and valid.
Practical implications
The research results not only further enrich the grey system theory and method but also provide a basis for the grey relational analysis of the sequences in which the interval grey numbers coexist with the real numbers.
Originality/value
The paper succeeds in realizing the algorithms of the generalized greyness of interval grey number and interval grey number vector, and the grey angle cosine relational degree, which provide a new method for grey relational analysis.
Details
Keywords
Jintao Yu, Xican Li, Shuang Cao and Fajun Liu
In order to overcome the uncertainty and improve the accuracy of spectral estimation, this paper aims to establish a grey fuzzy prediction model of soil organic matter content by…
Abstract
Purpose
In order to overcome the uncertainty and improve the accuracy of spectral estimation, this paper aims to establish a grey fuzzy prediction model of soil organic matter content by using grey theory and fuzzy theory.
Design/methodology/approach
Based on the data of 121 soil samples from Zhangqiu district and Jiyang district of Jinan City, Shandong Province, firstly, the soil spectral data are transformed by spectral transformation methods, and the spectral estimation factors are selected according to the principle of maximum correlation. Then, the generalized greyness of interval grey number is used to modify the estimation factors of modeling samples and test samples to improve the correlation. Finally, the hyper-spectral prediction model of soil organic matter is established by using the fuzzy recognition theory, and the model is optimized by adjusting the fuzzy classification number, and the estimation accuracy of the model is evaluated using the mean relative error and the determination coefficient.
Findings
The results show that the generalized greyness of interval grey number can effectively improve the correlation between soil organic matter content and estimation factors, and the accuracy of the proposed model and test samples are significantly improved, where the determination coefficient R2 = 0.9213 and the mean relative error (MRE) = 6.3630% of 20 test samples. The research shows that the grey fuzzy prediction model proposed in this paper is feasible and effective, and provides a new way for hyper-spectral estimation of soil organic matter content.
Practical implications
The research shows that the grey fuzzy prediction model proposed in this paper can not only effectively deal with the three types of uncertainties in spectral estimation, but also realize the correction of estimation factors, which is helpful to improve the accuracy of modeling estimation. The research result enriches the theory and method of soil spectral estimation, and it also provides a new idea to deal with the three kinds of uncertainty in the prediction problem by using the three kinds of uncertainty theory.
Originality/value
The paper succeeds in realizing both the grey fuzzy prediction model for hyper-spectral estimating soil organic matter content and effectively dealing with the randomness, fuzziness and grey uncertainty in spectral estimation.
Details
Keywords
In order to make full use of the generalized greyness of interval grey number, this paper analyzes the properties and its applications of generalized greyness.
Abstract
Purpose
In order to make full use of the generalized greyness of interval grey number, this paper analyzes the properties and its applications of generalized greyness.
Design/methodology/approach
Firstly, the static properties of generalized greyness in bounded background domain, infinite background domain and infinitesimal background domain are analyzed. Then, this paper gives the dynamic properties of generalized greyness in bounded background domain, infinite background domain and infinitesimal background domain and explains the dialectical principle contained in it. Finally, the generalized greyness is used to judge the effectiveness of interval grey number transformation.
Findings
The results show that the generalized greyness of interval grey number has relativity, normativity, unity, eternity and conservation. The static and dynamic properties of generalized greyness are the same in the infinite and infinitesimal background domain, while they are different in the bounded background domain. The generalized greyness can be used as an index to judge whether the grey number transformation is greyness or information preservation.
Practical implications
The research shows that the generalized greyness can be used as an index to judge the validity of the grey number transformation and also can be applied in grey evaluation, grey decision-making and grey prediction and so on.
Originality/value
The paper succeeds in realizing the mathematical principle of “white is black”, the “greyness clock-slow effect” of the value domain of interval grey number and the generalized greyness conservation principle, which provides a theoretical basis for the rational use of generalized greyness of interval grey number.
Details
Keywords
Grey set is the important foundation of the grey mathematics and grey system theory, and the possibility function is the way of expressing grey set. This paper aims to establish…
Abstract
Purpose
Grey set is the important foundation of the grey mathematics and grey system theory, and the possibility function is the way of expressing grey set. This paper aims to establish the method of determining the possibility function of grey set and discusses its extended applications.
Design/methodology/approach
First, the grey kernel and the grey support set of grey set are defined, and the properties of grey kernel are analyzed. Second, according to the decomposition theorem of grey set, a method of determining the possibility function of grey set is put forward in this paper, which is called the method of increasing information and taking maximum and minimum (IITMM), and then it is further simplified as the method of increasing information and taking maximum (IITM), and an simple example is given to illustrate the calculation procedure. Finally, the grey information cluster method (GICM) based on IITM is proposed and applied to the ecological and geographical environment analysis of pine caterpillar.
Findings
The results show that the grey kernel of grey set still has grey uncertainty; the method of IITM has simple calculation and strict mathematical basis, and it can synthesize the information of the research object and accords with the principle of using minimum information; the GICM and the fuzzy cluster method have the same classification effect.
Practical implications
The researches show that method of IITM can be used not only to determine the possibility function of the grey set effectively, but also be used for the evaluation and cluster analysis of connotative objects. The classification result of the GICM presented in this paper is more precise than that of the fuzzy cluster method.
Originality/value
The paper succeeds in realizing both the IITM method for determining the possibility function of grey set and the GICM based on IITM for the connotative objects.
Details
Keywords
Zhai Cong and Weitiao Wu
In the era of connected and autonomous vehicles, a large amount of surrounding vehicular information can be acquired by the focal vehicle in real time using vehicle-to-vehicle…
Abstract
Purpose
In the era of connected and autonomous vehicles, a large amount of surrounding vehicular information can be acquired by the focal vehicle in real time using vehicle-to-vehicle communication technology, such as the core variable of electronic throttle opening angle. Meanwhile, the traffic jerk, such as the non-compliance of drivers and pedestrians, worsens the chaos of the surrounding traffic environment. To reflect the future traffic environment, the authors simultaneously incorporate the electronic throttle (ET) and traffic jerk into the traditional continuum model. The authors derive the stability criterion of the enhanced continuum model via the perturbation method.
Design/methodology/approach
To facilitate insight into the propagation and evolution mechanism of traffic jam near the stability condition, the authors use the nonlinear stability analysis method to derive the KdV-Burgers equation of proposed continuum model.
Findings
The new item of ET opening angle and traffic jerk have a positive impact on suppressing traffic congestion and improving road robustness.
Originality/value
The research on autonomous continuum models is rare. This model can better reflect the actual traffic, which can also provide a theoretical reference for the future traffic governance.
Details
Keywords
The fundamental change in accounting rules for equity-based compensation (EBC) instituted by SFAS 123, SFAS 123r, and IFRS 2 has allowed for new insights related to a variety of…
Abstract
The fundamental change in accounting rules for equity-based compensation (EBC) instituted by SFAS 123, SFAS 123r, and IFRS 2 has allowed for new insights related to a variety of research questions. This paper discusses the empirical evidence generated in the wake of the new regulation and categorizes it into two broad streams. The first stream encompasses research on the changed use of EBC and the incentives provided. The second stream addresses how firms account for EBC, including the underreporting phenomenon and how it was affected by the mandatory recognition of EBC expenses. I discuss where research delivers unanimous findings versus contradictory results. Using these insights, I make recommendations for further research opportunities in the area of EBC.
Details
Keywords
The study aims at reviewing a synthesis of disclosure, transparency, and International Financial Reporting Standards (IFRS) implementation in an attempt to provide directions for…
Abstract
The study aims at reviewing a synthesis of disclosure, transparency, and International Financial Reporting Standards (IFRS) implementation in an attempt to provide directions for future research. Prior research overwhelmingly supports that the IFRS adoption or effective implementation of IFRS will enhance high-quality financial reporting, transparency, enhance the country’s investment environment, and foreign direct investment (FDI) (Dayanandan, Donker, Ivanof, & Karahan, 2016; Gláserová, 2013; Muniandy & Ali, 2012). However, some researchers provide conflicting evidence that developing countries implementing IFRS are probably not going to encounter higher FDI inflows (Gheorghe, 2009; Lasmin, 2012). It has also been argued that the IFRS adoption decreases the management earnings in countries with high levels of financial disclosure. In general, the study indicates that the adoption of IFRS has improved the financial reporting quality. The common law countries have strong rules to protect investors, strict legal enforcement, and high levels of transparency of financial information. From the extensive structured review of literature using the Scopus database tool, the study reviewed 105 articles, and in particular, the topic-related 94 articles were analysed. All 94 articles were retrieved from a range of 59 journals. Most of the articles (77 of 94) were published 2010–2018. The top five journals based on the citations are Journal of Accounting Research (187 citations), Abacus (125 citations), European Accounting Review (107 citations), Journal of Accounting and Economics (78 citations), and Accounting and Business Research (66 citations). The most-cited authors are Daske, Hail, Leuz, and Verdi (2013); Daske and Gebhardt (2006); and Brüggemann, Hitz, and Sellhorn (2013). Surprisingly, 65 of 94 articles did not utilise the theory. In particular, four theories have been used frequently: agency theory (15), economic theory (5), signalling theory (2), and accounting theory (2). The study calls for future research on the theoretical implications and policy-related research on disclosure and transparency which may inform the local and international standard setters.
Details
Keywords
Bingjun Li, Shuhua Zhang, Wenyan Li and Yifan Zhang
Grey modeling technique is an important element of grey system theory, and academic articles applied to agricultural science research have been published since 1985, proving the…
Abstract
Purpose
Grey modeling technique is an important element of grey system theory, and academic articles applied to agricultural science research have been published since 1985, proving the broad applicability and effectiveness of the technique from different aspects and providing a new means to solve agricultural science problems. The analysis of the connotation and trend of the application of grey modeling technique in agricultural science research contributes to the enrichment of grey technique and the development of agricultural science in multiple dimensions.
Design/methodology/approach
Based on the relevant literature selected from China National Knowledge Infrastructure, the Web of Science, SpiScholar and other databases in the past 37 years (1985–2021), this paper firstly applied the bibliometric method to quantitatively visualize and systematically analyze the trend of publication, productive author, productive institution, and highly cited literature. Then, the literature is combed by the application of different grey modeling techniques in agricultural science research, and the literature research progress is systematically analyzed.
Findings
The results show that grey model technology has broad prospects in the field of agricultural science research. Agricultural universities and research institutes are the main research forces in the application of grey model technology in agricultural science research, and have certain inheritance. The application of grey model technology in agricultural science research has wide applicability and precise practicability.
Originality/value
By analyzing and summarizing the application trend of grey model technology in agricultural science research, the research hotspot, research frontier and valuable research directions of grey model technology in agricultural science research can be more clearly grasped.
Details