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CONFERENCE BOOK OFABSTRACT PROCEEDING
Venue: Novotel Bangkok Ploenchit Sukhumvit,Thailand
Date: March 11-12, 2019
TABLE OF CONTENTS
SCIENTIFIC COMMITTEE 4
ORGANIZING COMMITTEE 6
CONFERENCE TRACKS 7
CONFERENCE CHAIR MESSAGE 8
CONFERENCE SCHEDULE 9
Conference Day 02 (March 12, 2019) 13
TRACK A 14
BUSINESS MANAGEMENT & SOCIAL SCIENCES STUDIES 14
Were Japanese Investor Speculative in the Early Showa Period (1926-1945) 15
The Conceptual Framework on the Successful Factor of Growth Opportunity for Hermaphrodite: ACase Study of Airline Business 16
Utilizing Predictive Analytics in Academic Competitions: An Art Nouveau in Edutainment 17
Extent of Implementation of Alternative Learning System Delivery Scheme in the Binan City, Laguna:An Analysis 18
Perception on Technical Vocational Education Training of Technical Education Skills and DevelopmentAuthority (TESDA) Students in Bian City, Laguna 19
Faculty Course Loading and Room Assignment System Implementing Depth-First Search Algorithm 20
The Influence of Audit Opinion on The Financial Independence of Regional Government of West Java(Indonesian Case) 21
Modeling Dependence Structure of ASEAN-5 stocks 22
Measuring and Decomposing ASEAN-5 Agriculture Productivity and Profitability Change 23
The Impact of Foreign Labor Mobility on Business Cycle in Thailand by Using Structural Vector Au-toregressive Model (SVAR Model) 24
A Topological Method for Mathematical Dealing with Non-Quantifiable Payoff 25
UP COMING EVENTS 26
2
Book of Abstracts Proceedings
All rights reserved. Without the consent of the publisher in written, no individual or entity is allowed to repro-duce, store or transmit any part of this publication through any means or in any possible form. For obtaining writtenpermission of the copyright holder for reproducing any part of the publication, applications need to be submitted tothe publisher.
DisclaimerAuthors have ensured sincerely that all the information given in this book is accurate, true, comprehensive, and correctright from the time it has been brought in writing. However, the publishers, the editors, and the authors are not tobe held responsible for any kind of omission or error that might appear later on, or for any injury, damage, loss, orfinancial concerns that might arise as consequences of using the book. The views of the contributors stated might servea different perspective than that of the ANI.
Bangkok,Thailand | March 11-12, 2019
Whats App Contact: 00971-56-2448120
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SCIENTIFIC COMMITTEESocial Sciences and Humanities
Assoc. Prof. Doc Edgar R. Eslit Dr. LakshmikanthSt. Michael’s College/ English Dept., CAS, Philippines Srishti International, IndiaMr. Mohd Azhar Bin Abdul Rahman Assoc. Prof. Doc Sharifah Hayaati Syed IsmailUrban Development Authority of Malaysia (UDA),Malaysia
University of Malaya.Kuala Lumpur, Malaysia
Assistant Professor Jitender Grover Mr. Bright Lumor MENSAHUniversity, Sadopur, Ambala (Haryana), India Jilin University, School of International and Public Af-
fairs (SIPA), ChinaAssist. Prof. Doc Surendra Kansara Associate Professor Melinda V. AbichuelaSymbiosis Institute of Operations Management, India Catanduanes State University/College of Business and
Accountancy/Virac, Catanduanes, PhilippinesDr. Fararishah binti Abdul Khalid Head of department Odupitan Kolade MattiasUniversiti Teknikal Malaysia Melaka, Malaysia Oshodi/Isolo Local Government, NigeriaProf. Doc Golda Aira V. Crisostomo Assistant Professor. Intekhab N KhanUniversity of Santo Tomas, Philippines MA. Jauhar University, Rampur, IndiaAssistant Professor. Chulaporn Sota Dr. Halimah Mohamed AliKhon Kaen University, Thailand Universiti Sains Malaysia, MalaysiaAssoc. Prof. Wong Ming Wong Prof. Erni TaniusUniversity College of Technology Sarawak, Malaysia University of Selangor, MalaysiaDr. Supaporn Chalapati Assoc. Prof. Nor Aznin Abu BakarI-Shou University, Australia Universiti Utara Malaysia, MalaysiaAssoc. Prof. Normala Daud Prof. Nurul Wahida Binti AbdullahUniversiti Teknologi Mara, Shah Alam, Selangor,Malaysia
Politeknik Muadzam Shah, Malaysia
Dr. Sanad A. Alajmi Dr. Golda Aira V. CrisostomoPublic Authority for Industry, Kuwait Industrial/ Organizational Psychology, Human Resource
Management, PhilippinesDr. Firas Jamil Alotoum Prof. Doc Taqee Ansari MohammedIsra university, Jordan Mak College of Pharmacy, IndiaAssist. Prof. Doc Marcus Farr Assoc. Prof. Yoshiki NakamuraAmerican University Sharjah, UAE Aoyama Gakuin University, JapanAssist. Prof. Huang Hsueh-Ju Prof. Doc Bulent AcmaDepartment of Distribution Management, Takming Uni-versity of Science and Technology, Taiwan
Anadolu University, Turkey
Dr. Alaa Elden Badawie Mahmoud Elkhodary Assoc. Prof. Radulescu Irina GabrielaFaculty of Archaeology -Qena South Vally University,Egypt
Petroleum Gas University of Ploiesti Faculty of Eco-nomic Sciences,Romania
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SCIENTIFIC COMMITTEE
Enineering and TechnologyDaniel Dasig Jr Hafiz Muhammad HaroonUniversity of Makati,Philippines University of Agriculture Faisalabad Sub-Campus Bure-
wala, Vehari-Pakistan, PakistanANIL M. BISEN Prof. Syed Zafar AbbasAnant National University, Ahmedabad, Gujarat, India Aliz Educational Institutions, PakistanSeverino G. Alviento Marife D. AlvientoNorth Luzon Philippines State College, Philippines North Luzon Philippines State College, PhilippinesLeslie G. Agbulos Gee-Cheol KimNorth Luzon Philippines State College, Philippines Seoil University, KoreaPatrick Cerna LAL RAJA SINGH RFederal Technology Institute - University, Ethiopia KIT-Kalignarkarunanidhi Institute of Technology, IndiaTeodoro Macaraeg Jr. Catherine P. LlenaUniversity of Caloocan City, Philippines University of Caloocan City, PhilippinesHafiz Gulfam Umar Adenuga KazeemGhazi University, Pakistan Admar Systems Technology, NigeriaMohd Kamarul Irwan Abdul Rahim RajinaUniversiti Utara Malaysia, Malaysia UUNITEN, Malaysia
Health and Medical SciencesSyed Zafar Abbas Olga AvilovaAliz Educational Institutions, Pakistan Kharkiv National Medical University, UkraineChellaram C Olawunmi Muibat OmowunmiCollege Of Applied Sciences, Oma Moshood Abiola Polytechnic Ojere Abeokuta Ogun State
Nigeria, NigeriaSuman Madan Dayalbagh Aliaksandr SpitsynEducational Institute, AGRA, India Belorussian State Unaversity, BelarusChellaram Chinnachamy Ayawo AdokouCollege Of Applied Sciences, Oman Adokou Electricals Limited, Senegal
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ORGANIZING COMMITTEE
Dr. Vincent W HoConference ChairEmail: [email protected]
Ms Hungxin LiConference SupervisorEmail: [email protected]
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CONFERENCE TRACKS
• Social and Community Studies• Arts• Humanities• Civic and Political Studies• Cultural & Global Studies• Environmental Studies• Organizational Studies• Educational and Communication Studies• Economics, Finance & Accounting• Business and Management Studies• Computer and Software Engineering• Mechanical & Metallurgical Engineering• Electrical & Electronics Engineering• Civil Engineering• Bio-Technology & Food Technology• Chemistry & Chemical Engineering• Physical, Applied and Life Sciences• Interdisciplinary• Medical and Health Sciences• Paramedical Sciences• Medicine Sciences• Biological and Life sciences• Veterinary Medicine and Sciences• Food Science & Nutrition• Agricultural sciences• Interdisciplinary
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CONFERENCE CHAIR MESSAGE
Dr. Vincent W Ho“International Conference of Akademika Nusa Internasional ” is a platform that thrives to support the worldwide schol-arly community to analyze the role played by the multidisciplinary innovations for the betterment of human societies.It also encourages academicians, practitioners, scientists, and scholars from various disciplines to come together andshare their ideas about how they can make all the disciplines interact in an innovative way and to sort out the wayto minimize the effect of challenges faced by the society. All the research work presented in this conference is trulyexceptional, promising, and effective. These researches are designed to target the challenges that are faced by varioussub-domains of the social sciences, business and economics, applied sciences, engineering and technology, health andmedical sciences.I would like to thank our honorable scientific and review committee for giving their precious time to the review processcovering the papers presented in this conference. I am also highly obliged to the participants for being a part of ourefforts to promote knowledge sharing and learning. We as scholars make an integral part of the leading educated classof the society that is responsible for benefitting the society with their knowledge. Let’s get over all sorts of discrim-ination and take a look at the wider picture. Let’s work together for the welfare of humanity for making the world aharmonious place to live and making it flourish in every aspect. Stay blessed.
Thank you.Dr. Vincent W HoConference ChairEmail: [email protected]
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CONFERENCE SCHEDULE
ANISSH-2019
Venue: Novotel Bangkok Ploenchit Sukhumvit, Thailand
Time: Registration & Kit Distribution (09:00 - 09:10 am)Day: Monday
Date: March 11, 2019
Venue: Room 1
09:10 am - 09:20 am Introduction of Participants09:20 am - 09:30 am Inauguration and Opening address09:30 am - 09:40 am Grand Networking Session
Tea/Coffee Break (09:40 - 10:00 am)
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DAY 01 Monday (March 11, 2019)
Presentation Session 1 (10:00 - 12:30 pm)
Venue: Room 1Session Chair: Dr Vincent W Ho
Paper ID Manuscript Title Preseter NameTrack A: Business Management & Social Sciences
OMMSP-2019-103 Were Japanese Investor Speculative in the Early Showa Period(1926-1945)?
Yohei Kasai, YumikoMiwa, Momo Noji
OMMSP-2019-104 The Conceptual Framework on the Successful Factor of GrowthOpportunity for Hermaphrodite: A Case Study of Airline Busi-ness
Sarawut Ramjan
OMMSP-2019-109 Utilizing Predictive Analytics in Academic Competitions: AnArt Nouveau in Edutainment
Jhon Mark Daquis
OMMSP-2019-110 Extent of Implementation of Alternative Learning System De-livery Scheme in the Binan City, Laguna: An Analysis
Liberlois Agustin
OMMSP-2019-112 Perception on Technical Vocational Education Training of Tech-nical Education Skills and Development Authority (TESDA)Students in Bian City, Laguna
Karen Leslie de Silva
OMMSP-2019-113 Faculty Course Loading and Room Assignment System Imple-menting Depth-First Search Algorithm
Jose Marie Dimapilis
OMMSP-2019-115 he Influence of Audit Opinion on The Financial Independenceof Regional Government of West Java (Indonesian Case
Dr. Elizabeth Tiur Ma-nurung
OMMSP-2019-116 Modeling Dependence Structure of ASEAN-5 stocks PattamonPongkongkaew
Lunch Break:(12:30pm - 01:30 pm)
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DAY 01 Monday (March 11, 2019)
Presentation Session 2 (01:30 - 02:30 pm)
Venue: Room 1Session Chair: Dr Vincent W Ho
Paper ID Manuscript Title Preseter NameTrack A: Business Management & Social Sciences
OMMSP-2019-117 Measuring and Decomposing ASEAN-5 Agriculture Productiv-ity and Profitability Change
Preeyadara PalakawongNa Ayutthaya
OMMSP-2019-118 The Impact of Foreign Labor Mobility on Business Cyclein Thailand by Using Structural Vector Autoregressive Model(SVAR model)
Rungpunsa Lohphet
SBEM-039-ANI101 A Topological Method for Mathematical Dealing with Non-Quantifiable Payoff
YOSHIOKA Tsuyoshi,MOROFUJI Kazuyo,MORIKURA Yusuke
Closing Ceremony
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Participants Registered as Listener Observer
The following Scholars/ practitioners who don’t have any paper presentation, however they willattending the conference as delegates & observers.
Official ID: OMMSP-2019-120ADr. Elena De Torres-Teh
Trimex Colleges, Philippines
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Conference Day 02 (March 12, 2019)
Second day of conference will be specified for touristy. Relevant expenses are borne by Individual him/herself.
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TRACK A
BUSINESS MANAGEMENT & SOCIAL SCIENCES STUDIES
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Were Japanese Investor Speculative in the Early Showa Period (1926-1945)1*Yumiko Miwa 2Momo Noji
1,2Meiji University, JapanCorresponding Email: [email protected]
Keywords: Showa Period, Japan, Investors
The purpose of this research is to clarify the trend of investment results (total return) of major stocks in theearly Showa era. Prior to the war, Japanese stock market had only the speculators who acquired value shelves throughshort-term trade. It means there were only traders who pursued capital gains. This is an established theory. How-ever there were also some investors holding shares over the medium to long term like financial institutions. Whenwe analyze the investment behavior of these equity investors, it is necessary to consider income as well as capitalgains. In other word, we need to analyze the total return considering the dividend effect and also we have to thinkabout stock spilt payment system. The stock split payment system is a system whereby stockholders do not pay thefull amount of stock value at one time. It was started in the Meiji Period when accumulation of capital was poor, theMeiji government wanted to promote the social concentration of capital through the corporate system, together withthe collateralized finance. Investors / shareholders had not to pay at one time. At the same time the company also hadnot to pay the dividend to the unpaid capital. Such a stock split payment system was very unique system. In orderto reevaluate the return on investment, we must consider not only stock price data but also the ex-dividend price ofold stocks which was specific to the prewar Also we have to consider the split payment system of the new shares.In other words, the prewar stock market data system should reflect the stock split payment system of the new sharesand the dividend reinvestment effect. We collected stock price in the early Showa period originally and calculate theinvestment performance considering the ex-dividend price. In summary, the investors in the early Showa period werenot speculative. Their investment return was higher than the one in present days.
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The Conceptual Framework on the Successful Factor of GrowthOpportunity for Hermaphrodite: A Case Study of Airline Business
1*Akechai Judkrue, 2Wasin Treesinthuros1,2 Department of Management, Martin De Tour School of Management and Economics, Assumption University,
ThailandCorresponding Email: [email protected]
Keywords: Transformational Leadership, Gender Inequality, Airline Industry, Human Resource Management, Hu-man Resource Development
Even though there are successful male and female leaders who administrated organizations, there are a fewhermaphrodite leaders who have overcome a patriarchy socialization. This phenomenon reflects concerns of inequalityof gender especially in an organization which is influenced from Asian culture. Therefore, this paper emphasizes on thesuccess factors of hermaphrodite leaders that are different from those other of gender in order to guide hermaphroditeleaders to grow up in organizations where gender prejudice of exits. Best practice was analyzed by data collectionfrom the sample size in order to extract factors of work performance that affect in a challenging career path and growthopportunity. Moreover, this paper research in deep on airline industry in which that are hermaphrodite leaders whohave succeeded their career, and produced advantages for organization performance. Research finding can be usefulin guiding hermaphrodite leaders to fight against obstacles. Moreover, they could be used for other analysis designswhich interests on other problem regarding to gender inequality.
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Utilizing Predictive Analytics in Academic Competitions: An Art Nouveauin Edutainment
1Jhon Mark G. Daquis, 2Franchesca L. Dimaranan1,2Trimex Colleges Inc, Philippines
Corresponding Email: [email protected]
Keywords: Predictive Analytics, Academic Competitions, Edutainment, Quiz Bee
Academic competitions have always been part of any educational institutions. In this way, educators wouldbe able to determine the stock knowledge and level of understanding of the students on specific topic. Quiz bee con-test as one of the academic competitions is normally based on the speed of contestants to give their correct answers.Due to the frequent academic competitions conducted inside and outside the schools, the need for the new form ofconducting quiz bee contest has become a new trend in the situation of Trimex Colleges Inc., one of the leading ter-tiary institutions in Binan City, Laguna. This development research, which is hinged on system development life cycle,aims to provide an exquisite answer to useful resource lack of well-established Student Quiz-Bee program. The studyaims to create a module with user-friendly graphic interface that allows administrator to manage quiz configurationand database easily and to design an android application that would serve as a device in which answers can be placedto shorten the time of students for checking their correct answers. Moreover, the study utilizes predictive analytics toshow new art in education or the so-called edutainment.
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Extent of Implementation of Alternative Learning System Delivery Schemein the Binan City, Laguna: An Analysis
*Liberlois D. AgustinTrimex Colleges Inc, Philippines
Corresponding Email: [email protected]
Keywords: Alternative Learning System, Out-of-School Youth, Lifelong Education, Adult Learners.Due to the increasing number of drop-outs, out-of-school youth, and adult learners, the Department of Educa-
tion has institutionalized the establishment of Alternative Learning System in different parts of the Philippines. Thisis done to provide accessible education and life-long learning to those learners who have decided to continue theirschooling in high school, collegiate, and even in technical education. Using the research-made framework, the studymakes use of descriptive-survey design that aims to determine the extent of implementation of Alternative LearningSystem (ALS) delivery scheme in Binan City, Laguna. Also, this utilizes the researchers-made questionnaire that issubjected to reliability test and face validation. The study analyzes the areas of delivery scheme such as ALS fa-cilitators competencies, facilities and learning resources, conduct of learning sessions, project organization and ALScenter management, mapping out and recruitment of learners, linkages and funding, and capacity building. Moreover,the study also determines the problems encountered by the ALS students in the delivery scheme such as planningand materials development, learners participation and attendance, monitoring and evaluation, and advocacy and socialmobilization.
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Perception on Technical Vocational Education Training of TechnicalEducation Skills and Development Authority (TESDA) Students in Bian
City, Laguna*Karen Leslie J. De Silva
Trimex Colleges Inc, PhilippinesCorresponding Email: [email protected]
Keywords: Technical Education, Vocational Training, TVET.This study was conducted to determine the perception on technical vocational education training of technical
education skills and development authority (TESDA) students in Bian City, Laguna during the school year 2018-2019.The respondents of this study were the students from NC II, NC I ad NC in TESDA. The study was participated by329 TESDA randomly selected student respondents. Profile of the students showed that 68.7% are 20 years old andolder, 69.9% are males, 64.7% are undergoing NCII certification. Findings revealed that the students exhibited strongagreement in their perceptions of access and equity, assessment and certification in TVET, employability of TVETgraduates, teaching competencies of TVET teachers and skills enhancement of TVET students. Comparison of theperceptions of the students yielded significant differences when the students were grouped according to profile vari-ables. There is a significant difference in the perceptions of male and female students on assessment and certificationin TVET. When grouped according to certification level, there were significant differences in the perceptions of thestudents in terms of access and equity, employability of TVET graduates, teaching competencies of TVET teachersand skills enhancement of TVET students.
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Faculty Course Loading and Room Assignment System ImplementingDepth-First Search Algorithm
*Jose Marie DimapilisTrimex Colleges Inc, Philippines
Corresponding Email: [email protected]
Keywords: Faculty Course Loading, Depth-First Search Algorithm, System Development Life Cycle (SDLC).The study aimed to provide a flexible faculty course loading and scheduling system that easily creates ideal
schedules of faculty loads. This also aimed to develop a module that shortens the time that will be consumed increating schedules. The main objective of the development of this program was to solve problems such as the time-consuming class scheduling, overlapping of faculty and room schedules, and inefficiency of class scheduling resources.Using System Development Life Cycle (SDLC) framework, it made use of depth-first search algorithm which utilizesgraphs and looks for suitable candidate for shorter period time. This contains six phases of development such asdata-gathering, designing, coding, testing, deployment and maintenance. Moreover, the proposed system made use ofDFs, Faculty, Administrator, Rooms, Course, Time table, and report modules which were needed for inputting dataand generating outputs and reports. The proponents also prepared an evaluation to determine the software qualityin relation to international standards. This evaluation questionnaire measures the functionality, reliability, usability,efficiency, maintainability, and portability.
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The Influence of Audit Opinion on The Financial Independence of RegionalGovernment of West Java (Indonesian Case)
*Dr. Elizabeth Tiur ManurungEconomics Faculty of Parahyangan Catholic University, Indonesia
Corresponding Email: [email protected]
Keywords:Audit Opinion, Financial Independence, Own source revenues, Total revenues, and financial independenceratio.
Indonesian Central Government has a policy that gives freedom to local government to regulate and managetheir own funds (regional autonomy). And to maintain the consistency of local governments report, the Central Gov-ernment requires that the reports should be audited by Indonesian Financial Audit Organization (IFAO). Furthermore,this research aim to analyze the influence of audit opinion from IFAO on Financial Independence of Local governmentin West Java. The method used in this research is Hypothetical-deductive, which is a method that is carried out instages, logically, organized, and meticulously to find a solution to a problem. The population of this study is the localgovernment in West Java, which consists of 28 local government. The data analysis used are the classical assumptionsand hypothesis testing. The result of the study shows that the audit opinion has an influence on Financial independenceof West Java local government but is not statistically significant.
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Modeling Dependence Structure of ASEAN-5 stocks*Pattamon Pongkongkaew
Faculty of Economics, Chiang Mai University, Chiang Mai, ThailandCorresponding Email: [email protected]
Keywords: ASEAN-5 Stock Exchange, CD-vine copula, Dependence structure, MSBVAR, Stock market.
This study aims to focus on the dependence structure of ASEAN-5 stock Exchanges which are The Philip-pines stock market (The Philippines Composite index: PSEi), Indonesia Stock market (Jakarta Composite Index: JCI),Malaysia stock market (FTSE Bursa Malaysia KLCI: FTSE), Thailand stock market (SET Index : SET) and Singa-pore Stock Market (The Straits Time Index: SGX). The data set contains transformed standardized residual of monthlydata during periods 2001 to 2018. The econometrical estimation which are Markov Switching Bayesian Vector Au-toregressive model (MSBVAR) and CD-Vine Copula Approaches was applied in this study. The Markov SwitchingBayesian VAR model was applied to determine regime change of the data sets. For CD-Vine Copula, was used tofind the dependence structure. In order to illustrate each state of the regimes, Elliptical copula was selected to definethe monthly data of ASEAN-5 stocks. CD-Vine copula trees plot shows that the Philippines Composite Index andJakarta Composite Index were strongly dependent on economic booms during the pre-crisis period. On the other hand,in the post-crisis period, The Philippines Composite Index became strongly dependence with FTSE Bursa Malaysia.Capital flows between the Philippines and Indonesia’s financial markets in the period 2001-2008, then shifts fromthe Philippines-Indonesia flow to the Philippines and Malaysia after the crisis. In the economic recessions, however,the result shows that there is an independent structure between the ASEAN-5 stock in both pre-crisis and post-crisissituations.
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Measuring and Decomposing ASEAN-5 Agriculture Productivity andProfitability Change
*Preeyadara Palakawong Na AyutthayaFaculty of Economics, Chiang Mai University, Chiang Mai, Thailand
Corresponding Email: [email protected]
Keywords: ASEAN agriculture, Technical change, Technical efficiency, Mix efficiency, Economies of scale, Economiesof scope.
The purpose of this study is to measure productivity and profitability change in ASEAN countries. Produc-tivity is key to inclusive growth. Profitability change can be decomposed into the product of a total factor productivity(TFP) index and an index measuring changes in relative prices. Many TFP indexes can be further decomposed intomeasures of technical change, technical efficiency change, scale efficiency changes and mix efficiency change. Theclass of indexes that can be decomposed in this way includes the Fisher, Trnqvist and HicksMoorsteen TFP indexesbut not the Malmquist TFP index of Caves, Christensen and Diewert (1982). The empirical feasibility of the method-ology is demonstrated using country-level agricultural data covering the period 2002-2015. This paper focuses on fivecountries in Association of South East Asia (ASEAN): Malaysia, Indonesia, Philippines, Singapore and Thailand.
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The Impact of Foreign Labor Mobility on Business Cycle in Thailand byUsing Structural Vector Autoregressive Model (SVAR Model)
*Rungpunsa LohphetFaculty of Economics, Chiang Mai University, Chiang Mai, Thailand
Corresponding Email: [email protected]
Keywords: Gross Domestic Product, Migrant labor, Foreign workers, Business cycle, Structural VAR- model.
This study focuses on the relationship between in-country employment of foreign workers and Gross DomesticProduct that reflects the business cycle of Thailand. The purpose of this paper is to examine how migrant labor mobil-ity affect the business cycle by using Structural VAR model. This study use the time series annual data of Thailand,since 2007-2015. The secondary data is the number of foreign labor which includes Myanmar, Laos and Cambodia,Gross Domestic Product, real wage, the labor force, work hours, consumption and investment. The study result revealthat when the migrant labor shock change, the Gross Domestic Product would be affected. The proportion of foreignworkers shock with the variance of GDP has been steadily decreasing.
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A Topological Method for Mathematical Dealing with Non-QuantifiablePayoff
1*YOSHIOKA Tsuyoshi,2YAMANAKA Naoya3MORIKURA Yusuke,4MOROFUJI Kazuyo
1,3,4Teikyo Heisei University, Japan2Meisei University, Japan
Corresponding Email: [email protected]
Keywords: Non-quantifiable payoff, Generalization of normal-form game, General topology
A Payoff is one of the important factors in some business scenes. There are two types of the payoff; oneis a quantifiable payoff such as ”a profit of 1 billion yen”, and the other is a non-quantifiable payoff such as ”be-coming good relationship with business partners”. There are also methods of dealing with quantifiable payoffs suchas financial statements, however, to our best knowledge, there are no mathematical rigorous methods of dealing withnon-quantifiable payoffs, even though there are many non-quantifiable payoffs in some business scenes. Therefore,non-quantifiable payoffs conventionally could not be dealt with mathematically and have to be dealt with empirically.In other words, non-quantifiable payoffs could not be dealt with as a well-grounded payoff in some business scenes.This paper discusses a mathematical method of dealing with non-quantifiable payoffs focused on the normal-formgame in game theory. First of all, we defined Narrow Payoff by a payoff having the quantitative values, and definedBroad Payoff by a payoff added with a non-quantifiable payoff and ”Narrow Payoff”. Then, we generalized normal-form game for being able to deal with the Broad Payoff and defined it as Generalized Normal-form Game. Finally, wemathematically discussed about whether the definition of Generalized Normal-form Game is meaningful by the useof general topology, a branch of mathematics. As a result, the definition of ”Generalized Normal-form Game” wasmathematically suggested to be useful as a new definition of normal-form game, considering economic activities andthe reality of business activities. From the above discussions, one of the methods which deal with non-quantifiablepayoffs on business scenes was ”mathematically” suggested, and it became possible to recognize payoffs that wasconventionally only assessed empirically as payoffs that have a mathematical background with clear grounds.
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UP COMING EVENTS
You can find the details regarding our upcoming events by following below:
http://anissh.com/indonesia-conferences/
http://anissh.com/philippines-conferences/
http://anissh.com/malaysia-conferences/
http://anissh.com/conferences/singapore-conferences/
http://anissh.com/conferences/egypt-conferences/
http://anissh.com/conferences/thailand-conference/
http://anissh.com/conferences/turkey-conferences/
http://anissh.com/conferences/china-conferences/
http://anissh.com/conferences/uae-conferences/
http://anissh.com/conferences/hongkong-conferences/
http://anissh.com/conferences/south-korea-conferences/
http://anissh.com/conferences/morroco-conferences/
http://anissh.com/conferences/taiwan-conferences/
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http://anissh.com/conferences/japan-conferences/
http://anissh.com/conferences/australia-conferences/
http://anissh.com/conferences/india-conferences/
http://anissh.com/conferences/greece-conferences/
http://anissh.com/conferences/spain-conferences/
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Bangkok, Thailand
Our MissionOur mission is to encourage global communication and collaborationpromote professional interaction lifelong learning recognizeoutstanding contributions of individuals and organizations and alsoDevelop an effective and responsible platform by creating insightful knowledgeand inspiringminds in dialogue with the world around us.
Organized By: Akademika Nusa Internasional
