최소 단어 이상 선택하여야 합니다.
최대 10 단어까지만 선택 가능합니다.
다음과 같은 기능을 한번의 로그인으로 사용 할 수 있습니다.
NTIS 바로가기한국항해항만학회지 = Journal of navigation and port research, v.44 no.4, 2020년, pp.326 - 337
김우석 (한국해양대학교) , 이기환 (한국해양대학교 해운경영학부)
Shipping companies have suffered additional losses because of irrational shipping finance decisions. This paper analyses the cases according to the behavioral finance theories. The theories of behavioral finance used in the analysis and research of this paper are the anchoring effect and sunk cost e...
핵심어 | 질문 | 논문에서 추출한 답변 |
---|---|---|
경제학이란? | 경제학은 다른 사회과학처럼 사람들이 살아가는 세상을 보다 더 잘 이해하기 위해 이론들을 개발시켜 나가는 학문이다. 경제학 이론들은 경제 현상들을 정확하게 묘사하고 설명하기 위해 노력한다. | |
신고전주의 경제학등 전통적인 경제학이론의 단점은? | 또한, 신고전주의 경제학은 경제학 발전에 많은 공헌을 해오고 있다. 그러나 전통적인 경제학 이론들은 일부 경제 현상들을 명확하게 설명하거나 묘사하지 못했다. 예를 들어 손실회피적 성향이나 미래의 큰 이익보다 현재의 작은 이익에 더 집중하는 현상 등 전통적 경제학 이론으로 설명하기가 어려웠다 (Wilkinson and Klaes, 2012; Camerer et al. | |
매몰비용효과의 정의는? | Arkes and Blumer(1985)는 매몰비용효과를 기존에 시간, 노력과 돈이 투입된 투자에 지속적으로 노력, 시간과 돈을 투자하려는 경향을 말하는 것이라고 정의했다. 사람들은 기 투자한 시간, 노력, 자금 등 투입된 자원들이 의사결정에 직접적으로 영향을 미친다고 여러 가지 실험 결과를 통하여 주장하였다. |
Ang, I.(2007), 'Korean spends $264m on bulk', TradeWinds, August 23, 2007, https://www.tradewindsnews.com/weekly/korean-spends-264m-on-bulk/1-1-110281.
Arkes, H. R.(1996), 'The psychology of waste', Journal of Behavioural Decision Making, 9, pp. 213-224.
Arkes, H. R. and Blumer, C.(1985), 'The psychology of sunk cost', Organizational Behaviour and Human Decision Processes, 35, pp. 124-140.
Arkes, H. R. and Ayton, P.(1999), 'The sunk cost and concorde effects: Are humans less rational than lower animals?', Psychological Bulletin, 125(5), pp. 591-600.
Baddeley, M.(2017), Behavioural Economics: A Very Short Introduction, 1st edn. Oxford University Press.
Barberis, N. and Thaler, R.(2002), A survey of behavioural finance, National Bureau of Economic Research.
Bell, E., Bryman, A. and Harley, B.(2019), Business research methods, 5thedn. NewYork: Oxford University Press.
Bu, D. J.(2009), '캠코 첫 선박펀드 원가분석했더니..', Shipping Daily, July 17, 2009, http://www.shippingdaily.co.kr/news_view.php?num60620
Camerer, C. F., Loewenstein, G. and Rabin, M.(2004), 'Advances in behavioral economics', New Jersey: Princeton University Press.
Chang, T. P. and Chou, R. Y.(2018), 'Anchoring effect on macroeconomic forecasts: A heterogeneity approach', Romanian Journal of Economic Forecasting, XXI(4).
Chen, C. S., Cheng, J. C., Lin, F. C. and Peng, C.(2017), 'The role of house money effect and availability heuristic in investor behaviour', Management Decision, 55(8), pp. 1598-1612.
Cho, I., Wesslen, R., Karduni, A., Santhanam, S., Shaikh, S. and Dou, S.(2017), 'The anchoring effect in decision-making with visual analytics', IEEE Conference onVisual Analytics Science and Technology, October 1-6.
Clarksons.net (2019), 'Shipping Intelligence Network', https://sin.clarksons.net/
Clarkson Research Services(2007), 'Shipping Intelligence Weekly', Clarkson Research Services Limited, Issue No. 785, August 31, 2007
Creswell, J. W.(2013), Qualitative inquiry and research design: Choosing among five traditions. 조흥식 외 역 (2015). . 서울: 학지사.
DART(2019), DART database website, http://dart.fss.or.kr
Dick A. S. and Lord, K. R.(1998), 'The impact of membership fees on consumer attitude and choice', Psychology & Marketing, 15(1), pp. 41-58.
Drewry maritime research (2011), Ship Operating Costs - 2011/2012
Englich, B. and Mussweiler, T.(2001), 'Sentencing Under Uncertainty: Anchoring Effects in the Courtroom', Journal of Applied Social Psychology, 31, 7, pp. 1535-1551
Englich, B., Mussweiler, T. and Strack, F.(2005), 'The Last Word in Court - A Hidden Disadvantage for the Defense', Law and Human Behavior, Vol. 29, No. 6, pp. 705-722
Fiske, S. T. and Taylor, S. E.(1991). Social Cognition. New York: McGraw-Hill.
Forbes, W.(2009), Behavioural finance, West Sussex: John Wiley & Sons Ltd.
Friedman, D., Pommerenke, K., Lukose, R., Milam, G. and Huberman, B. A.(2007), 'Searching for the sunk cost fallacy', Exp Econ (2007), 10, pp. 79-104.
Garland, H.(1990), 'Throwing good money after bad: The effect of sunk costs on the decision to escalate commitment to an ongoing project', Journal of Applied Psychology, 75(6), pp. 728-731.
Garland, H. and Newport, S.(1991), 'Effects of absolute and relative sunk costs on the decision to persist with a course of action', Organizational Behaviour and Human Decision Processes, 48, pp. 55-69.
Gourville, J. T. and Soman, D.(1998), 'Payment depreciation: The behavioural effects of temporally separating payments from consumption', Journal of Consumer Research, 25(2), pp. 160-174.
Haita-Falah, C.(2017), 'Sunk-cost fallacy and cognitive ability in individual decision-making', Journal of Economic Psychology, 58, pp. 44-59.
Harwood, S.(1995), Shipping finance, 2nd edn., Euromoney Institutional Investor.
Ho, T. H., Png, I. P. L. and Reza, S.(2018), 'Sunk cost fallacy in driving the world's costliest cars', Management Science, 64(4), pp. 1761-1778
Jeon, H. J., Yun, H. S. and Choi, Y. J.(2017), "우리나라 해운금융의 한계 및 발전방향", 한국해양수산개발원, 현안연구 2017-01.
Infomax(2020), Infomax Database Terminal, Korea Asset Management Corporation.
Kahneman, D.(2011), Thinking fast and slow, New York: Farror, Straus and Giroux.
Keasey, K. and Moon, P.(2000), 'Sunk cost effect: a test of the importance of context', Economic Letters, 66(2), pp. 55-58.
Keefer, Q. A. W.(2015), 'Performance feedback does not eliminate the sunk-cost fallacy: Evidence from professional football', J Labor Res, 36, pp. 409-426.
Keefer, Q. A. W.(2018), 'Decision-making beliefs and the sunk-cost fallacy: Major Leagure Baseball's final-off salary arbitration and utilization', Journal of Economic Psychology.
Kim, H. S. and Park, Y. Y.(2016), "해운사 부실도미노... 은행 실적공포 현실로", 매일경제, https://www.mk.co.kr/news/economy/view/2016/04/306025/
Klonoski, R.(2013), 'The case for case studies: Deriving theory from evidence', Journal of Business Case Studies, 9(3).
Ku, G., Galinsky, A. D. and Murnighan, J. K.(2006), 'Starting low but ending high: A reversal of the anchoring effect in auctions', Journal of Personality and Social Psychology, 90(6), pp. 975-986.
Kwak, Y. S.(2010), '대한해운 58K 신조 벌커 인수', Maritime Press, Aug 06, 2010 http://www.maritimepress.co.kr/news/articleView.html?idxno78059.
Liao, L. C., Chou, R. Y. and Chiu, B.(2013), 'Anchoring effect on foreign institutional investors' momentum trading behaior: Evidence from the Taiwan stock market', North American Journal of Economics and Finance, 26, pp. 72-91.
Ludwig, T. and Tholen, J.(2006), 'Shipbuilding in China and its impacts on European shipbuilding industry', Institute Labour and Economy, University of Bremen. http://www.iaw.uni-bremen.de/ccm/navigation/index.en
Mussweiler, R. and Strack, F.(2000), 'The use of category and exemplar knowledge in the solution of anchoring tasks', Journal of Personality and Social Psychology, 78(6), pp. 1038-1052.
Mussweiler, T., Strack, F. and Pfeiffer, T.(2000), 'Overcoming the inevitable anchoring effect: Considering the opposite compensates for selective accessibility', Personality and Social Psychology Bulletin, 26(9), pp. 1142-1150.
Northcraft, G. B. and Neale, M. A.(1987), 'Experts, amateurs and real estate: An anchoring-andadjustment perspective on property pricing decisions', Organisational Behaviour and Human Decision Processes, 39, pp. 84-97.
Putten, M. V., Zeelenberg, M. and Dijk, E. V.(2010), 'Who throws good money after bad? Action vs. state orientation moderates the sunk cost fallacy', Judgment and Decision Making, 5(1), pp. 33-36.
Rego, S., Arantes, J. and Magalhaes, P.(2018), 'Is there a sunk cost effect in committed relationships?', Current Psychology, 37, pp. 508-519.
Ritter, J. R.(2003), 'Behavioral finance', Pacific-Basin Finance Journal, 11, pp. 429-437.
Sand, P.(2010), 'DRY BULK SHIPPING - CAPESIZE FLOOD IS UNDERMINING FREIGHT RATES', BIMCO, August 12, 2010, https://www.bimco.org/news/market_analysis/2010/0812_dry_bulk_shipping.
Seok, Y. S.(2020), "[긴급점검-韓조선해운 활로는 선박금융] (2) 민간금융사, 한진해운 사태 이후 '투자 기피증' '', 아주경제, https://www.ajunews.com/view/20200310133149075.
Shiller, R. J., Konya, F. and Tsutsui, Y.(1996), 'Why did the Nikkei crash? expanding the scope of expectations data collection', The Review of Economics and Statistics, 78(1), pp. 156-164.
Shiller, R. J.(1998), Human behavior and the efficiency of the financial system, National Bureau of Economic Research.
Shipping Daily(2011), '도표뉴스/캠코 선박 상세 내역', Shipping Daily, April 25, 2011, http://www.shippingdaily.co.kr/news_view.php?num78399
Stake R.(1995), The art of case study research, Sage, Los Angeles, California.
Stopford, M.(2009), Maritime economics, 3rd edn., Oxon: Routledge.
Stopford, M.(2009), 'Globalization & the Long Shipping Cycle', Clarkson Research, Royal Institute of Naval Architects.
Tan, H. T. and Yates, J. F.(1995), 'Sunk cost effects: The influences of instruction and future return estimates', Organizational Behaviour and Human Decision Processes, 63(3), pp. 311-319.
Tversky, A. and Kahneman, D.(1974), 'Judgement under uncertainty: Heuristics and biases', Science, Vol. 185(4), pp. 1124-1131.
Tversky, A. and Kahneman, D.(1981), 'The framing of decisions and the psychology of choice', Science, Vol. 211(4), pp. 453-458.
Verousis, T. and Gwilym, O. A.(2014), 'The implications of a price anchoring effect at the upstairs market of the London Stock Exchange', International Review of Financial Analysis, 32, pp. 37-46.
Whyte, G. and Sebenius, J. K.(1997), 'The effect of multiple anchors on anchoring in individual and group judgment', Organizational Behaviour and Human Decision Processes, 69(1), pp. 75-85.
Wilkinson, N. and Klaes, M.(2012), An introduction to behavioral economics, London: Palgrave Macmillan.
Wright, W. F. and Anderson, U.(1989), 'Effects of situation familiarity and financial incentives on use of the anchoring and adjustment heuristic for probability assessment', Organizational Behaviour and Human Decision Processes, 44, pp. 68-82.
Yin, R. K.(2009). Case study research: Design and methods (4th Ed.). Thousand Oaks, CA: Sage.
Yin, R. K.(2014), Case study research: Designs and methods, Sage, Los Angeles, California.
*원문 PDF 파일 및 링크정보가 존재하지 않을 경우 KISTI DDS 시스템에서 제공하는 원문복사서비스를 사용할 수 있습니다.
Free Access. 출판사/학술단체 등이 허락한 무료 공개 사이트를 통해 자유로운 이용이 가능한 논문
※ AI-Helper는 부적절한 답변을 할 수 있습니다.