• Journal of Institute of Control, Robotics and Systems
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• v.17 no.4
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• pp.304-312
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• 2011

In an oligopolistic market, only a few firms account for most or all of total production, e.g., automobile, steel, and computer industries. For a dynamic oligopolistic market with two firms competing in quantities, we show that supervisory control theory of discrete event systems provides a novel approach to solve the dynamic oligopoly problem with the aim of maximizing the profits of both firms. Specifically, we show that the controllability, observability, and nonblocking property (which are the core concepts in supervisory control theory) are the necessary and sufficient conditions for two oligopolistic firms in disequilibrium to eventually reach equilibrium states of maximizing the profits of both firms.

• Proceedings of the Korea Information Processing Society Conference
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• 2002.11b
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• pp.1091-1094
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• 2002

현재 안티바이러스 시스템에서는 시그너쳐를 기반으로 하는 탐지 방법을 사용하거나 간단한 휴리스틱 검색을 이용 하지만, 이러한 방법은 알려지지 않은 새로운 악성 코드에 대해서는 취약하기 때문에 행위 감시 기반의 감지 방법이 추가적으로 사용된다. 그러나 행위 감시 기반의 안티바이러스 시스템을 대부분의 호스트에 설치하는 일은 많은 어려움이 있다. 이에 따라 안티바이러스 시스템이 설치되지 않은 호스트에서의 행위 감시를 위한 코드 삽입 기법이 제시 되었으나 아직 코드 삽입 기법이 거시적인 과점에서 전체 도메인에 미치는 영향에 대한 연구가 되어 있지 않다. 본 논문은 시뮬레이션을 통하여 코드 삽입 기법이 전체 도메인 상에서 악성 코드의 감지에 미치는 영향을 보여준다.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.11
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• pp.668-674
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• 2003

The electric marketplace is in the midst of major changes designed to promote competition. No longer vertically integrated with guaranteed customers and suppliers, electric generators and distributors will have to compete to sell and buy electricity. Unit commitment (UC) in such a competitive environment is not the same as the traditional one anymore. The objective of UC is not to minimize production cost as before but to find the solution that produces a maximum profit for a generation firm. This paper presents a hi-level formulation that decomposes the UC game into a generation-decision game (first level game) and a state(on/off)-decision game (second level game). Derivation that the first-level game has a pure Cournot Nash equilibrium(NE) helps to solve the second-level game. In case of having a mixed NE in the second-level game, this paper chooses a pure strategy having maximum probability in the mixed strategy in order to obviate the probabilistic on/off state which may be infeasible. Simulation results shows that proposed method gives the adequate UC solutions corresponding to a NE.

• The Korean Journal of Financial Management
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• v.16 no.2
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• pp.53-70
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• 1999

본 논문은 기업의 자본구조가 결정되어 있고 경영자에게 특정한 형태의 보상이 주어진 상태에서 경영자의 생산량 결정에 대하여 분석하였다. 생산물 시장이 쿠르노 경쟁상태에 있음을 가정할 때 스톡옵션과 상여금을 경영자 보상으로 갖는 경우 주식 가치 극대화를 위한 생산량과 다른 생산량을 선택하게 됨을 보여 주고 있다. 스톡옵션의 경우에는 옵션행사의 한계 경제상태와 기업 부실화의 한계 경제상태가 일치하지 않기 때문에 경영자는 주식 가치 극대화를 위한 생산량과는 다른 선택을 하게 되며 상여금의 경우에도 상여금 지급의 한계 경제상태에 따라서 주식 가치 극대화를 위한 생산량과는 다른 선택을 하게 된다. 또한 스톡옵션 행사가격과 상여금 지급의 목표이익이 증가하면 경영자의 최적 생산량은 증가한다. 반면에 스톡옵션 행사가격과 상여금 지급의 목표이익이 증가하면 경쟁기업 경영자의 최적 생산량은 감소한다. 그러나 상여금의 경우에는 경영자가 주주의 이해와 일치하는 의사결정을 내리도록 하여 주는 목표이익이 존재하지만 스톡옵션의 경우에는 이와 같은 보상체계가 존재하지 않는다.

• Proceedings of the Korea Inteligent Information System Society Conference
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• 2000.11a
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• pp.307-314
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• 2000

정보기술이 발달하면서 자료의 흔적들이 체계화된 데이터베이스에 저장이 되고, 더불어 데이터베이스의 규모는 점점 커지고 있다. 데이터 마이닝은 이런 방대한 자료의 분석을 통해, 그 속에 숨어있는 의미를 찾는 과점이라고 될 수 있다. 본 논문에서는 대우정보시스템(주)서 개발된 사용자지향 데이터 마이닝 도구인 XM-Tool/Miner의 개발을 대상으로 하고 있다. 개발된 XM-Tool/Miner은 문제 중심적 마이닝 도구를 목표로 하였으며, 대표적인 마이닝 알고리즘을 적용하였고, 또한 사용의 편이성에 초점을 맞추었다. 더 나아가 데이터 마이닝 기법뿐만 아니라 데이터의 샘플링과 성능향상을 통하여 방대한 데이터로부터 다양한 지식탐사가 가능해지고, 발견된 규칙 또는 지식의 유용성 측정을 통하여 업무 분야의 특성에 따라 효과적으로 반영되며 의사 결정 및 CRM마케팅, 동향분석 및 예측 등에 유용한 정보를 추출하는 도구로 사용할 수 있을 것이다.

• Environmental and Resource Economics Review
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• v.24 no.2
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• pp.311-342
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• 2015

We evaluate two main rationales of massive policy intervention of Lee Administration in the Korean transportation fuel market: high market share of domestic refineries, perceived by the Administration as the result of high market concentration, and asymmetry in price adjustment, perceived as the result of collusion. Domestic refineries, huge in capacity and located at seaports, maintain international competitiveness in price. Considering market openness offering preferential treatment to importers, they set domestic prices competitively on the basis of MOPS prices. Yet, the price competitiveness of domestic refineries is so high that they are able to sustain high market share. We confirm that the Korean before-tax consumer prices of gasoline and diesel are lower than Japan's and the weighted averages of 27 EU countries by as much as 159KRW and 21KRW per liter in the case of gasoline and 170KRW and 63KRW in the case of diesel. Price asymmetry is caused by diverse economic and managerial reasons and, as FTC (2005) states, price asymmetry does not immediately imply exercise of market power or collusion. We analyzed price asymmetry in Korea, Japan and 14 EU countries, and found asymmetry in Korea and 11 EU countries in the case of gasoline and in Korea and 8 EU countries in the case of diesel.

• Journal of Korean Society of Environmental Engineers
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• v.30 no.11
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• pp.1132-1138
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• 2008

The study was carried out to investigate adsorption characteristic on hydrogen sulfide (H$_2$S) and methylmercaptan (CH$_3$SH) odor gas using the char made by a thermal decomposition of sewage sludge. The fixed bed adsorption experiments of the optimum L/D ratio could be 1.0, and adsorption capacity and break point increased with the increase of temperature. A simultaneous adsorption characteristic of H$_2$S and CH$_3$SH increased in breakthrough time and adsorption capacity more than single adsorption experiment, and CH$_3$SH had higher effective diffusivities than H$_2$S in same condition. The adsorption capacity of CH$_3$SH increased with fast velocity. When it was compared the produced absorbent with commercial activated carbon, As to adsorbent amount, it was H$_2$S 77% and CH$_3$SH 80% of commercial activated carbon.

• Horticultural Science & Technology
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• v.28 no.3
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• pp.381-386
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• 2010

The berry growth and pericarp characteristics were characterized to confirm the effects of bagging periods on berry cracking during berry development in 'Kyoho' grape. The berry weight was the highest at 13.4 g in late period of bagging treated at 7 to 9 weeks after full bloom (WAFB) as compared with the lowest of 12.3 g in total period bagging. The berry cracking rate under critical turgor pressure in the non-bagging control was 53.3%, while those of bagging treatments were decreased in the order of 42.7%, 37.3%, 33.3%, and 18.7% in bagged during 3 to 9, 3 to 5, 5 to 7, and 7 to 9 WAFB, respectively. In the results of observation on histological characteristics of pericarp, berry lenticels of whole bagging treatments had smaller and normal shape compared with non-bagging control treatment. Especially on the pericarp of late period bagged during 7 to 9 WAFB, suberization around stomata and micro-cracking were not observed and structural strength of pericarp was increased with thicker sub-epidermal layer and cell wall. Therefore, the results indicate that bagging treatment for two weeks just before the veraison when the day length and daylight is relatively longer and stronger can effectively reduce berry cracking by strengthening structure of pericarp in 'Kyoho' grape.

• Review of Culture and Economy
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• v.20 no.1
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• pp.3-20
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• 2017

This study proposes that the cultural corporation can be more profitable by adopting the 'Buy-One Give-One' Business Model (BOGO BM) under certain conditions. Specifically, the conditions are that 1) consumers' utility for donating is high enough and 2) the production cost is low enough due to economies of scale or process innovation from employee's intrinsic motivation. We adopt a mathematical model where the demand function is a simple linear function and two companies compete with each other by choosing their quantity of output (the Cournot model). Specifically, we investigate the profitability of the BOGO BM in four situations: 1) a monopolist enjoying reduced cost due to process innovation from employee's intrinsic motivation, 2) a monopolist enjoying reduced cost due to economies of scale, 3) the duopoly with BOGO BM and a general company, 4) the duopoly with two BOGO BM companies. In each situation, BOGO BM can be more profitable than other general companies can under certain conditions.

• Journal of Korea Port Economic Association
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• v.33 no.3
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• pp.105-120
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• 2017

This study analyzed changes in the competitive structure of the global shipping container market and the appropriate capacity of the container fleet in Korea from three perspectives. The competitive market analysis applied the market concentration ratio and Hirschman-Herfindahl index, while the appropriate capacity analysis was based on the following three aspects: (1) Fleet capacity to secure competitiveness in the global shipping alliance; (2) Fleet capacity to increase national fleet coverage of domestic import and export container cargo; and (3) Fleet capacity analysis through the panel model considering the characteristics of the major shipping countries. Analysis of the global shipping container market reveals an oligopoly industry, and Korea's container fleet capacity is insufficient across all three analyses.