Chih-Lung Chou

Prof. Chih-Lung Chou

orcid

Research Focus & Metrics

Academic Career Length

5Years (2022-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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24 September 2022 in Axioms
Verified
Journal Article
Open access
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You-Shyang ChenYou-Shyang Chen
You-Shyang Chen
CCChih-Lung Chou
Chih-Lung Chou
MLMike Yau-Jung Lee
Mike Yau-Jung Lee
SCSu Fen Chen
Su Fen Chen
WHWen-Ju Hsiao
Wen-Ju Hsiao
At the beginning of 2020, the COVID-19 pandemic struck the world, affecting the pace of life and the economic behavioral patterns of people around the world, with an impact exceeding that of the 2008 financial crisis, causing a global stock market crash and even the first recorded negative oil prices. Under the impact of this pandemic, due to the global large-scale quarantine and lockdown measures, game stocks belonging to the stay-at-home economy have become the focus of investors from all over the world. Therefore, under such incentives, this study aims to construct a set of effective prediction models for the price of game stocks, which could help relevant stakeholders—especially investors—to make efficient predictions so as to achieve a profitable investment niche. Moreover, because stock prices have the characteristics of a time series, and based on the relevant discussion in the literature, we know that ARIMA (the autoregressive integrated moving average) prediction models have excellent prediction performance. In conclusion, this study aims to establish an advanced hybrid model based on ARIMA as an excellent prediction technology for the price of game stocks, and to construct four groups of different investment strategies to determine which technical models of investment strategies are suitable for different game stocks. There are six important directions, experimental results, and research findings in the construction of advanced models: (1) In terms of the experiment, the data are collected from the daily closing prices of game-related stocks on the Taiwan Stock Exchange, and the sample range is from 2014 to 2020. (2) In terms of the performance verification, the return on investment is used as the evaluation standard to verify the availability of the ARIMA prediction model. (3) In terms of the research results, the accuracy of the model in predicting the prices of listed stocks can reach the 95% confidence interval predicted by the model 14 days after the closing price, and the OTC stocks fall within the 95% confidence interval for 3 days. (4) In terms of the empirical study of the rate of return, the investors can obtain a better rate of return than the benchmark strategy by trading the game stocks based on the indices set by the ARIMA model in this study. (5) In terms of the research findings, this study further compares the rate of return of trading strategies with reference to the ARIMA index and the rate of return of trading strategies with reference to the monitoring indicator, finding no significant difference between the two. (6) Different game stocks apply for different technical models of investment strategies.

14 February 2023 in Sustainability
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Journal Article
Open access
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You-Shyang ChenYou-Shyang Chen
You-Shyang Chen
CCChih-Lung Chou
Chih-Lung Chou
YLYu-Sheng Lin
Yu-Sheng Lin
Ying-Hsun HungYing-Hsun Hung
Ying-Hsun Hung
XCXuan-Han Chen
Xuan-Han Chen
Backup system work represents “the last mile” of information security (IS). To avoid data loss or damage, enterprises should execute data backup periodically to ensure the integrity and availability of such data. Additionally, due to the continuous emergence of IS incidents featuring malicious attacks in recent years, major firms in countries around the world have successively reported being under attack by ransomware viruses. In particular, small and medium enterprises (SMEs) became the potential targets of malicious attacks based on their different types of IS awareness and degrees of digitalization; therefore, IS work has become one of the essential topics with special significance for numerous SMEs. To this end, this paper studied the factors influencing SMEs’ adoption of IS backup systems in the hope that the critical decision-making behaviors of SMEs regarding the issue of IS could be learned. Practical suggestions can be made for the marketing schemes adopted by IS manufacturers concerning the planning of IS backup systems. Thus, this study used three methodological stages to address the exciting issue of IS backup systems for SMEs. In the first stage, 11 factors at two hierarchies involving three constructs influencing SMEs’ adoption of IS backup systems were summarized via a literature review. The constructs included financial consideration (FC), the IS incident, and business IS decision making (BISD-M). In the second stage, an expert questionnaire was applied; an advanced hybrid modified Delphi method (MDM) and analytic hierarchy process (AHP) with expert input were constructed to identify the sorting of overall weights based on the 11 factors included in the first stage. Following the empirical conclusions, the top three critical factors were “disaster loss amount”, “enterprise’s downtime”, and “supplier’s contractual requirements”. The conclusions of this study indicated that two factors were included in the FC construct; thus, the FC construct influenced IS the most, and the BISD-M construct took second place. In the final stage, through re-checking three actual cases, the results of this study were verified with specific respect to the FC. In conclusion, to popularize IS backup systems among SMEs and fully implement IS, manufacturers may start from the FC in the hope that the severe impact caused by IS incidents featuring malicious attacks can be slowed down and the losses encountered can be lowered. The empirical results and conclusions of this study can be used for reference by SMEs, and both theoretical and empirical foundations have been provided for further studies in academic circles; the results above also show a significant application contribution of this study.

30 September 2022 in Sustainability
Verified
Journal Article
Open access
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You-Shyang ChenYou-Shyang Chen
You-Shyang Chen
CLChien-Ku Lin
Chien-Ku Lin
CCChih-Lung Chou
Chih-Lung Chou
SCSu Fen Chen
Su Fen Chen
MTMin-Hui Ting
Min-Hui Ting
The rapid growth of the aging population and the rate of disabled people with physical and mental disorders is increasing the demand for long-term care. The decline in family care could lead to social and economic collapse. In order to reduce the burden of long-term care, long-term care insurance has become one of the most competitive products in the life insurance industry. In the previous literature review, few scholars engaged in the research on this topic with data mining technology, which was motivated to trigger the formation of this study and hoped to increase the different aspects of academic research. The purpose of this study is to develop the long-term insurance business from the original list of insurance clients, to predict whether the sustainable financial management clients will buy the long-term care insurance policies, and to establish a feasible prediction model to assist life insurance companies. This study aims to establish the classified prediction models of Models I~X, to dismantle the data with the percentage split and 10-fold cross validation, plus the application of two kinds of technology as feature selection and data discretization, for the data mining of twenty-three kinds of algorithms in seven different categories (Bayes, Function, Lazy, Meta, Misc, Rule, and Decision Tree) through the data collected from the insurance company database, and to select 20 conditional attributes and 1 decisional attribute (whether to buy the long-term insurance policy or not). The decision attribute is binary classification method for empirical data analysis. The empirical results show that: (1) the marital status, total number of policies purchased, and total amount of policies (including long-term care insurance) are found to be the three important factors affecting the decision attribute; (2) the most stable models are the advanced hybrid Models V and X; and (3) the best classifier is Decision Tree J48 algorithm for the study data used.

6 January 2023 in Processes
Verified
Journal Article
Open access
PDF file
You-Shyang ChenYou-Shyang Chen
You-Shyang Chen
CLChien-Ku Lin
Chien-Ku Lin
CCChih-Lung Chou
Chih-Lung Chou
YHYing-Hsun Hung
Ying-Hsun Hung
SWShang-Wen Wang
Shang-Wen Wang
With the rapid economic boom of Asian countries, the president of Country-A has made great efforts to reform in recent years. The prospect of economic development is promising, and business opportunities are emerging gradually, depicting a prosperous scene; accordingly, people’s livelihood consumption also has changed significantly. The original main point of consumption for urban and rural people was the old and traditional grocery store with poor sanitation, but due to the economic improvement, the quality of consumption has also improved, and convenience stores are gradually replacing grocery store. However, convenience store management involves performance, logistic, competition, and personnel costs. Both whether the store can create a net profit and evaluate and select a new store will be important keys that significantly influence business performance. Therefore, this study attempts to use the industry data analysis method for highlighting a concept of processing an experience procedure of named 3-4-8-2 components combination in two stages. First, in the data preprocessing stage, this research considers 22 condition attributes and two types of decision factors, that include net profit and new store selection, and use both techniques of attribute selection and data discretization through the analysis and prediction of data mining tools. Next, in the experiment execution stage, three well-known classifiers (Bayes net, logistic regression, and J48 decision tree) with past good performance and four models (without preprocessing, with attribute selection, with data discretization, and with attribute selection and data discretization) are used for eight different experiments through two data verification methods (percentage split and cross-validation). Conclusively, three key results are identified from empirical analysis: (1) It is found that the prediction accuracy of the J48 decision tree classifier is relatively high and stable among the three classifiers in this study; at the same time, the J48 decision tree can yield comprehensible knowledge-based rules to instruct interested parties. (2) The results of this study show that the important attributes for the net profit decision attribute include the store type, POS number, and cashier number, while the important attributes for the new store selection include the store type and cashier number. (3) There is a difference in the selection of important attributes. Furthermore, four key valuable contributions are addressed from the empirical results, including academic contributions, enterprise contributions, application contributions, and management contributions. It is expected that the direction of store layout expansion can be found and identified through this study, but there are still many risks hidden behind the considerable business opportunities that need to be carefully managed.