• KDI Journal of Economic Policy
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• v.36 no.4
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• pp.33-69
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• 2014

We investigate determinants of fund investment flows using Korean equity investment funds. Unlike previous studies which analyzed net-flows (inflow minus outflow), we analyze fund investment inflows and outflows separately that should properly reflect investors' fund selection and redemption decision. We find similar effects of past return, fund age on net-flows to existing studies based on US market data. The analysis of determinants of inflows shows that inflows are related to past return, fund age and sales fee as net-flows. In contrast, outflows are found to behave quite differently from inflows. Apparently, asymmetry exists between fund investment inflows and outflows at the Korean fund selection market. Specifically, high past returns increase fund investment inflows while increase, rather than decrease, fund outflows. Moreover, 'convexity' is detected both in inflows and outflows: higher past returns accelerate outflows as well as inflows. Effects of sales fee also differ between inflows and outflows. In the 'affiliated' fund sample, sales fee is negatively related to inflows while positively related to outflows. In the 'unaffiliated' fund sample, sales fee is positively related to inflows, but no significant relationship exists with outflows. Empirical findings of this paper imply that the rational investor's fund selection view cannot provide a consistent explanation of the Korean fund selection market. In particular, the positive and convex relationship between past returns and fund outflows is inconsistent with the rational investor view. The fact that investor's fund investment appears to display 'disposition effect', which has been reported by studies of individual investors' stock investment behaviour suggests that the behavioral finance view should be a part of explanation for the Korean fund selection market. In addition, the strikingly different patterns between the 'affiliated' funds and the 'unaffiliated' funds, imply that brokers' incentive structure is another prevailing factor for fund investment flows.

• Economic and Environmental Geology
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• v.47 no.5
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• pp.541-549
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• 2014

The annual borate production in Turkey is about 3 million tons, which occupies approximately 61 percent of total annual world production. Turkey has five boron deposits including Bigadic, Emet, Kestelek, Kirka, and Sultancayir. At present, Bigadic, Emet, and Kirka deposits are operating. Kirka boron deposit is distributed within volcanoclatic sedimentary group as mainly layered, rarely brecciated and massive types. Major borate is borax associated with colemanite and ulexite. They show a horizontal symmetrical zonation from Na borate (borax) in the center of deposit to Na-Ca borate (ulexite) and Ca-borate (colemanite) in margin. Bigadic boron deposit is known as the largest colemanite deposit in the world. This deposit occurs as two borate bearing horizons in Miocene volcanoclastic sedimentary group. Thickness ranges from several meters to 100 meter with a length of several hundreds meters. Borate ore bodies which are mainly composed of colemanite and ulexite are alternated with claystone, mudstone, tuff and layered limestone as lenticular shape. Sultancayir boron deposit is mainly distributed within gray limestone. Main borate minerals of this deposit are pandermite and ulexite. Pandermite and ulexite occur as colloform aggregate and small veinlet, respectively. Turkish boron deposits are evaporite deposit which were formed in Miocene playa-lake environment. Boron was supplied to the deposits by the volcanic and hydrothermal activities.

• Korean Journal of Optics and Photonics
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• v.14 no.4
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• pp.413-422
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• 2003

We have calculated the power extraction efficiency and the lasing wavelength distribution of index-coupled DFB lasers at threshold for various kL and facet reflectivity combinations, and compared with those above-threshold. The power extraction efficiency increases as the asymmetry of the facet reflectivities increases. The power extraction efficiency above-threshold is slightly larger than that at threshold. Since the relative photon density around the center region increases as kL increases, the power extraction efficiency decreases. The uniformity of the distribution of lasing wavelength over the stop band increases due to the relief of mode degeneracy as the asymmetry of the facet reflectivities increases. In the case of AR-HR combination, the lasing wavelength distributions at threshold are similar to those above-threshold. However, in the case of AR-AR combination, the lasing wavelength at threshold is concentrated on both edges of the stop band, while it is concentrated only on the longer wavelength edge above-threshold. As kL increases, the range of the lasing wavelength distribution increases due to the increase of the stop band. The effect of AR reflectivity on the power extraction and the lasing wavelength distribution is very weak.

• Korean Journal of Food Science and Technology
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• v.48 no.4
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• pp.347-353
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• 2016

This study was performed to examine the quality characteristics of the sponge cakes with different contents (2-10% (w/w)) of lemon grass powder (LGP). An increase in LGP content in the cake led to a significant increase in the specific gravity of batter, baking loss rate, redness, hardness, cohesiveness, chewiness, and 1,1-diphenyl-2-picrylhydrazyl radical scavenging activity of the cakes and a significant decrease in pH, moisture content, specific volume, height, volume and symmetry index, lightness, and yellowness of the cakes. Springness and resilience did not show any difference between the cakes. The consumer acceptance test indicated that the addition of LGP up to 2% did not cause a significant negative effect on the consumer acceptances in all attributes. The sponge cakes with 2% LGP can be recommended for manufacturing bakery.

• Environmental and Resource Economics Review
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• v.16 no.4
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• pp.833-854
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• 2007

Output prices tend to respond faster to input price increases than to decreases. The 'rockets and feathers' hypothesis of asymmetric price behavior in petroleum market is tested by a full adjustment error correction model. Using monthly data for the period January 1977 to June 2006, evidence is found that there is a significant degree of asymmetry in the adjustment of wholesale prices to increases and to decreases in crude oil price. A similar hypothesis in regard to the exchange rate is also rejected by the data. Using weekly data over the period examined, evidence of asymmetry for gasoline, diesel and heating oil is also found in the transmission of price changes from wholesale to retail: retail prices increase more quickly in response to the wholesale price increases than to wholesale price decreases.

• The Journal of the Korea Contents Association
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• v.14 no.6
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• pp.499-512
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• 2014

Architecture is usually seen as a product of art and technology. However, most historical buildings also exemplify various sophisticated principles of mathematics. Outstanding examples of architecture around the world such as Seokguram, Daewoongjun of Bulguksa, Muryangsujeon of Buseoksa, and the Parthenon provide students with a great opportunity to study their underlying mathematical properties and principles. The activity of identifying and investigating such mathematical principles in historical buildings enables students to realize that mathematics is a practical subject, and thus provides justification for the study and importance of mathematics. For the purpose of this study historical architecture was reviewed with this in mind in order to develop STEAM education materials focused on elementary school mathematics. The result of this study is as follows: first of all, appropriate examples of historical architecture were selected on the basis of the 2009 revised curriculum's content and teaching goals. These involved chapters on 'proportion', 'symmetry', 'movement of figures', 'building blocks', and 'triangles'. Secondly, a meta-analysis was performed on the historical buildings that clearly illustrate mathematical principles. Thirdly, STEAM education materials focused on elementary mathematics using architectural examples were developed which made actual application in classrooms possible. And lastly, surveys of professional groups were conducted to verify whether the produced materials were suitable teaching resources.

• 한국방재학회:학술대회논문집
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• 2011.02a
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• pp.74-74
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• 2011

본 연구에서는 중앙경간 54m, 교폭 4m의 사장교형식의 보도교로 측경간은 계단으로 이루어진 1경간 케이블교량을 대상으로 보행하중에 의한 수직진동을 제어하기 위해 제진장치(TMD)를 적용하기로 하고 실물 TMD의 설계 및 제작 그리고 설치 및 제어성능실험을 수행하였다. 우선 사장교형식의 교량. 그리고 1경간 교량이라는 점에서 상대적으로 감쇠율이 낮을 것으로 예측되었고 또한 54m의 경간장이 보행자가 가진 주파수에 근접한 고유진동수를 나타낼 것으로 사료되어 Eurocode 2 part 2(EC5-2)의 규준에 따라 1인 및 다수 보행하중에 의한 보도교의 발생가속도를 산출하였다. 이 경우 최대가속도는 다수의 보행자가 연속적으로 진행할 때 발생하였으며, 수직방향의 가속도가 사용성기준을 초과하는 것으로 나타났다. 또한 구조해석프로그램에 의한 고유치 해석결과, 보행하중의 주파수대역내에 진동모드가 존재하는 것으로 나타났다. 따라서 본 교량의 설계단계에 있어서 보행진동을 제어하기 위하여 유지관리가 용이한 수동형의 동조질량감쇠장치(Tuned Mass Damper)를 적용하기로 하였으며 TMD의 설계에서는 TMD의 제어목표를 만족시킬 수 있는 TMD의 가동질량(moving mass)을 우선적으로 결정하였고, 이로부터 Den Hartog의 제안식에 따라 TMD의 고유진동수비, 유효감쇠비를 산정하였다. 산정된 변수들을 이용하여 설계된 TMD는 현장설치 및 튜닝의 편의성을 고려하여 수평 외팔보형식으로 설계, 제작되었으며 제작된 TMD의 경우 회전축에 대해 질량, 스프링, 댐퍼의 중심거리를 조정함으로써 TMD의 진동수, 강성, 감쇠력을 상대적으로 매우 용이하게 조절할 수 있으며, 조정범위 또한 광범위하여 일반 TMD에 비해 현장설치시 대상구조물에 동조시키기가 용이하며, 작동시 마찰감쇠가 거의 없다는 장점이 있다. 현장설치전에 제작된 TMD를 대상으로 자유진동 시험을 통하여 질량의 중심거리, 스프링 크기 그리고 댐퍼의 설치유무를 각각 변화시키며 TMD의 자유진동 데이터를 취득하였다. 각각의 시험에서 얻어진 데이터로부터 스펙트럼해석을 통하여 고유진동수를 구하였고, 자유진동 파형으로 부터 감쇠비를 구하였다. TMD는 일반적으로 제어모드의 변형형상이 가장 큰 곳에 설치되었을 때 최대의 제진효과를 발휘할 수 있다. 그러나 현장여건상 설치가 불가능하거나 미관을 해치는 경우에는 가능한 범위 내에서 TMD 제어효율이 가장 크게 발휘할 수 있는 곳을 선택하여야 한다. 본 보도교의 경우, 중앙경간 중심부에서 가장 큰 모드변형형상을 나타내지만, 보도교의 상판 연결부 등에 따른 TMD 시공문제로 인하여 TMD 설치위치는 교량 중앙에서 양 방향으로 1.25m 떨어진 곳에 대칭으로 총 2기를 설치하기로 하였다. 일반적으로 TMD의 모든 설계변수는 구조물의 설계단계에서 수행된 구조해석결과에 근거하여 설정하므로 완공된 구조물, 즉 실제보도교의 동적특성을 계측하여 정확하게 진동수를 튜닝하여야 한다. 구조해석에 의한 보도교의 수직방향(TMD 작동방향) 고유진동수는 1.5225 Hz이며, 감쇠비는 규준에 의하여 0.6 %로 가정하였다. 그러나 이 값들은 구조해석모델 및 재료적 특성과 시공상의 오차에 의하여 실제와 다를 수 있으므로 현장계측에 의한 확인이 요구된다. 또한 TMD의 제진효율이 설계시의 목표대로 확보되었는지도 확인해야 하므로 현장튜닝 및 성능시험을 실시하였다. 보도교의 가진은 사전에 실시한 상시 미진동계측결과를 토대로 2Hz를 목표로 하여 인력가진실험을 수행하였고, 탁월진동 주파수는 1.9896Hz로 나타나 구조해석결과와 오차가 있음을 알 수 있다. 가진실험결과를 토대로 TMD의 진동수를 최적진동수비로 튜닝하고 인력가진 실험을 다시 실시하여 TMD의 진동제어성능을 검토하였다. TMD 튜닝 전, 후의 보도교 감쇠비를 비교한 결과, TMD를 설치함으로써 약 4.218%의 감쇠비 증가가 있음을 알 수 있다.

• The Korean Journal of Malacology
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• v.27 no.3
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• pp.247-252
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• 2011

The effect of ${\gamma}$-ray irradiation on the color of nucleus and cultured pearls was investigated. After ($^{60}Co$) ${\gamma}$-ray irradiation on the pearl nucleus, its color was altered from brownish to blackish brown or gray depending on irradiation dose. It was clearly found that the all samples are composed of aragonite. ESR spectra were based on the measurement of the paramagnetic species $CO_2$-radicals by the interaction with the ${\gamma}$-ray irradiation in $Mn^{2+}$ containing $CaCO_3$. In this study, we investigated optimal detection method of ${\gamma}$-ray irradiation to establish destructive or non-destructive test for pearl nucleus.

• 대한공업교육학회지
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• v.33 no.2
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• pp.259-272
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• 2008

In order to improve the productivity and quality of boat's mold in leisure boat industry, the development of modelling and machining technology of leisure boat's plug is strongly required. The traditional lines drawing approach by hand required the designer to both create fair curves and to make sure that the curves matched up to each other in the three main drawing views: profile, plan, and section. However, one will find when studying lines drawings in books that the curves might look smooth and fair, but the lines do not agree exactly in the three views. Therefore, the 2 dimensional drawing data of leisure boat are transformed using 3 dimensional design s/w and CAM s/w. In addition, the leisure boat is designed with a 3 dimensional s/w. The NC cutting data are generated by the CAM s/w. The surface characteristics of machined surface are investigated at various cutting conditions such as spindle speed, feed speed, and cutting material.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.6 no.2
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• pp.67-75
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• 1986

This paper introduces the nonlinear Stream Function Wave Theory for design waves efficiently to compute the wave energy and energy transport quantities and to analyze the effects of nonlinearities on them. The Stream Function Wave Theory was developed by Dean for case of the observed waves with assymmetric wave profiles and of the design waves with symmetric theoretical wave profiles. Dalrymple later improved the computational procedure by adding two Lagrangian constraints so that more efficient convergence of the iterative numerical method to a specified wave height and to a zero mean free surface displacement resulted. And the Stream Function coefficients are computed numerically by the improved Marquardt algorithm developed for this study. As the result of this study the effects of nonlinearities on the wave quantities of the average potential energy density, the average kinetic energy density result in overestimation by linear wave theory compared to the Stream Function Wave Theory and increase monotonically with decreasing $L^*/L_O$ and with increasing $H/H_B$. The effects of nonlinearities on the group velocity and the wavelength quantities result in underestimation by linear wave theory and increase monotonically with increasing $H/H_B$. Finally the effect of nonlinearity on the average total energy flux results in overestimation for shallow water waves and underestimation for deep water waves by linear wave theory.