English Abstract: We investigate how the adoption of new production technology differently affects the risk of job separation among young and old employees in Korea by analyzing establishment-level panel data linked with administrative employment insurance records on individual workers. To...

The importance of financial knowledge on efficient investment behaviors is well known. However, few studies have examined the relationship between financial literacy and investment behaviors under different economic situations. Using the 2007–2016 Fund Investors Survey from South Korea, we...

Using a longitudinal data set from South Korea, we estimate the impact of housing wealth on labor supply and the retirement behavior of elderly workers. Estimation results from our model suggest that house wealth variations significantly influence the labor supply of older workers. The housing...

We investigate the heterogeneous effects of financial literacy on individual investment decisions during and after the 2008 financial crisis. While differentiating objective and subjective financial knowledge, we find that only subjective knowledge is positively related to participation in...

Intellectual property (IP) rights have become an important strategic battleground, in which IP owners increasingly build barriers that impede firms from operating in the marketplace. Although research has examined property preemption as one approach to defend against being blocked by others' IP,...

We present a general consumer preference model for experience products that overcomes the limitations of consumer choice models, especially, when it is not easy to consider some qualitative attributes of a product or too many attributes relative to the available amount of preference data, by...

This paper studies inventory constraints in a machine scheduling environment. Jobs can add and remove items of different types to the inventory and from the inventory, respectively. Jobs removing items cannot be processed if the required amount of items is not available. We first have a look at...

We consider the problem of allocating containers to ships in which the size of container is 1 or 2, and each ship has its own capacity and fixed departure time. The fixed departure times implies the completion times of containers belonging to the same ship are identical. As objectives, Lmax,...