• Management & Information Systems Review
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• v.38 no.3
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• pp.187-210
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• 2019

Companies shall hold social responsibility as a member of the social community. Corporate social responsibility uses corporate resources, yet it plays important roles in reducing social imbalance. Their responsibilities are highly associated with the corporate sustainability. Many earlier studies on the association between corporate social responsibility and corporate sustainability have been attempted. Yet it should be mentioned that they do not show a variety of realities as linearity between dependent variables and independent variables were assumed. Thus, this study aims to analyze Markov blanket, a node of minimum descriptive variables that relieve a rigid assumption among variables and affect corporate sustainability by using Bayesian network. Sensitivity analysis was used to elicit how other variables affect by reflecting the complex reality when real factors are changed. As an important result of this study, the firm's future earnings sustainability is naturally related to operating earnings, and as the corporate governance structure is sound, the firm is able to steadily fulfill its social responsibility. However, the fact that the size of a company is large does not mean that it is in good compliance with corporate laws. This would not be unrelated to the fact that many of today's companies are not complying with the law and are suffering social condemnation. Results from this study will serve as a useful analytic tool when investors and creditors showing interests in corporate sustainability for assessing the value of companies and making investment decisions. Moreover, they can be used as references for relevant agency supervising capital markets to establish or improve appropriate institutions aimed at improving corporate sustainability.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.33 no.3
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• pp.122-130
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• 2021

A wind-speed estimation at the arbitrary elevations is key component for the design of the offshore wind energy structures and the computation of the wind-wave generation. However, the wind-speed estimation of the target elevation has been carried out by using the typical functions and their typical parameters, e.g., power and logarithmic functions because the available wind speed data is limited to the specific elevation, such as 2~3m, 10 m, and so on. In this study, the parameters of the vertical profile functions are estimated with optimal and analyzed the parameter ranges using the HeMOSU-1 platform wind data monitored at the eight different locations. The results show that the mean value of the exponent of the power function is 0.1, which is significantly lower than the typically recommended value, 0.14. The values of the exponent, the friction velocity, and the roughness parameters are in the ranges 0.0~0.3, 0~10 (m/s), and 0.0~1.0 (m), respectively. The parameter ranges differ from the typical ranges because the atmospheric stability condition is assumed as the neutral condition. To improve the estimation accuracy, the atmospheric condition should be considered, and a more general (non-linear) vertical profile functions should be introduced to fit the diverse profile patterns and parameters.

• Journal of Wetlands Research
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• v.24 no.1
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• pp.59-67
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• 2022

The interest in LID facilities is increasing worldwide for recovery of natural water cycle system to destroy by urbanization. However, problems are raised when installation of LID because comprehensive analysis about design capacity adequacy of LID facilities was not conducted completely. In this research, removal efficiency and design volume adequacy of LID facilities were analyzed based on rainfall monitoring data in four LID facilities(Vegetated Swale, Vegetative Filter Strip, Bio-Retention and Permeable Pavement). As a result, group of LID facility designed on WQV was shown higher flow(37%) and pollutants(TSS, BOD, TN and TP) removal efficiencies(20 ~ 37%) than group of LID facility designed on WQF. SA/CA graph was drawn for evaluation of design volume adequacy based on rainfall monitoring data. In this SA/CA graph, coefficient of determination show over 0.5 in all parameter, especially, Flow and TP were show over 0.95. And, 'SA/CA & L/CA' graph considering difference of structure mechanism in LID facility suggested in this research was confirmed that improved coefficient of determination in flow, TSS and TP than SA/CA graph. According to this research results, feasibility of applying 'SA/CA & L/CA' graph for evaluation of design volume adequacy in LID facility, and it is necessary to follow up research for generalization and normalization.

• Proceedings of the Korea Water Resources Association Conference
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• 2023.05a
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• pp.225-225
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• 2023

하상 측정은 하천 유지관리, 수공구조물 설계 및 보수, 수생태 조사의 필수적인 자료이다. 최근 4대강 대규모 사업 이후 자연적 안정화로 인해 침식 및 재퇴적이 진행되어 정밀 하상 모니터링이 요구되고 있다. 통상적인 하상 조사 기법은 레벨측량 및 RTK-GPS 등을 활용하여 점단위로 직접 계측하는 기법과 수심이 깊을 경우 ADCP와 같은 음향측심기법을 통해 하상변동을 계측하고 있다. 하지만 점단위 직접 측정은 사구와 사련과 같은 하상 구조 교란 및 계측 시 위험을 동반하고 수심자료의 측정오차가 크게 발생하는 한계점이 존재한다. 또한 초음파 방식의 경우 막음길이와 바닥면 노이즈 등의 한계점으로 50 cm 미만의 저수심부 하상 측정이 불가능한 실정이다. 이러한 한계점을 극복하기 위해 최근 드론의 보급으로 수심라이다(Bathymetry LiDAR), SFM, 드론 탑재 초분광 영상을 활용한 초분광수심법과 같은 저고도, 고해상도의 비접촉식 면단위 하상 측정 기법이 대안으로 각광받고 있고 최근 관심은 해당 최신 기술의 성능 점검 및 적용성 평가에 있다. 따라서 본 연구에서는 초분광수심법 중 보편적으로 적용할 수 있는 최적밴드비분석(OBRA)의 성능 점검과 실무 적용성을 국내 하천을 대상으로 검토하였다. 해당 기술의 실무 적용성 평가항목 중 수심 적용 범위가 경제적이고 효율적인 성능 평가의 주된 항목이다. 선행 연구에 따르면 감천을 대상으로 저수심부의 성능 평가를 진행한 결과 상세한 하상계측이 가능하다고 제시하였다. 따라서 본 연구는 낙동강-황강 합류부를 대상으로 전형적인 평수기 탁도 조건에서 초분광수심법을 적용할 경우 최대측정가능수심의 범위를 결정하는 방법 및 결과를 제시하려고 한다. 또한 현장실험 당시 합천댐 방류로 인하여 황강의 탁도가 높아진 상태에 기인하여 고탁도 조건에서 초분광수심법의 적용성 평가도 추가 검토하였다. 해당 연구는 수심과 밴드비의 비선형성을 통해 최적 밴드비 분석의 결과로 도출될 수 있는 상관계수와 평균 제곱근 오차(RMSE)의 동향을 보아 다양한 시나리오의 배제수심을 통해 최대측정가능수심을 산정하였으며 그 이상의 범위는 수심맵 산정에서 제외하였다. 그 결과로 낙동강 본류에서 2.5 m 이하, 황강 지류에서 1.25 m 이하의 최대측정가능수심이 나타났고 해당 범위 이하에서는 상세한 하상이 나타났다. 또한 고탁도 조건인 황강에서는 낙동강에 비해 절반 수준의 최대측정가능수심 범위가 나타나 탁도 조건에 따른 초분광수심법의 한계가 있는 것을 확인하였다.

• Journal of Korean Elementary Science Education
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• v.42 no.1
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• pp.109-126
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• 2023

In this study, I took the evidence-explanation (E-E) continuum perspective to examine the epistemological implications of scientific reasoning cases designed by preservice elementary teachers during their simulation teaching. The participants were four preservice teachers who conducted simulation instruction on the seasons and high/low air pressure and wind. The selected discourse episodes, which included cases of inductive, deductive, or abductive reasoning, were analyzed for their epistemological implications-specifically, the role played by the reasoning cases in the E-E continuum. The two preservice teachers conducting seasons classes used hypothetical-deductive reasoning when they identified evidence by comparing student-group data and tested a hypothesis by comparing the evidence with the hypothetical statement. However, they did not adopt explicit reasoning for creating the hypothesis or constructing a model from the evidence. The two preservice teachers conducting air pressure and wind classes applied inductive reasoning to find evidence by summarizing the student-group data and adopted linear logic-structured deductive reasoning to construct the final explanation. In teaching similar topics, the preservice teachers showed similar epistemic processes in their scientific reasoning cases. However, the epistemological implications of the instruction were not similar in terms of the E-E continuum. In addition, except in one case, the teachers were neither good at abductive reasoning for creating a hypothesis or an explanatory model, nor good at using reasoning to construct a model from the evidence. The E-E continuum helps in examining the epistemological implications of scientific reasoning and can be an alternative way of transmitting scientific reasoning.

• Korea journal of population studies
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• v.26 no.1
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• pp.1-30
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• 2003

This paper attempts to explore the effects of ecological and socioeconomic factors on the level of mortality and the changing trends of such effects during the period of 1990∼2000. For this purpose the population census data and micro-data from the vital statistics for years 1990, 1995 and 2000 were used. As indicators of mortality, the crude death rate(CDR), the standardized death rate(SDR) and the longevity rate were calculated for 170 'Si' s and 'Gun's. Using GIS, this paper first presents the mortality and longevity maps for years 1990, 1995 and 2000. Then ANOVA and regression analyses are carried out in an effort to generalize the effects of ecological and socioeconomic factors on the CDR, the SDR and the longevity rate. When the mortality and longevity maps are examined, three indices of mortality are found to be markedly high in the southwest coastal regions of Cholla-Nam-Do. By contrast, Seoul and Pusan metropolitan areas show substantially low level of mortality and longevity in these indices. It is also found that the regional differentials in the SDR and the longevity rate show a trend of becoming smaller after 1990. The research, however, does not find any linear relationship between the SDR and the longevity rate. The causal mechanisms of the two indices are found to be different. The results of the ANOVA and the regression analysis reveal that the locational factors of both mountainous and farming regions tend to increase the CDR and SDR while both coastal and farming regions disclose a tendency of increasing the longevity rate. The level of statistical significance of these analytical results is found to be weaker when socioeconomic factors such as education, income, marital status, availability of medical care, and sanitary conditions of the region are taken into account. The regional differentials in the mortality level seem to have a clear relationship not only with the socioeconomic factors but also with the age structure influenced by the age selectivity of migration during the past 40 years.

• KDI Journal of Economic Policy
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• v.31 no.1
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• pp.169-206
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• 2009

This study stems from a question, "How should we understand the pattern of the Korean economy after the 1990s?" Among various analytic methods applicable, this study chooses a Structural Vector Autoregression (SVAR) with long-run restrictions, identifies diverse impacts that gave rise to the current status of the Korean economy, and differentiates relative contributions of those impacts. To that end, SVAR is applied to four economic models; Blanchard and Quah (1989)'s 2-variable model, its 3-variable extensions, and the two other New Keynesian type linear models modified from Stock and Watson (2002). Especially, the latter two models are devised to reflect the recent transitions in the determination of foreign exchange rate (from a fixed rate regime to a flexible rate one) as well as the monetary policy rule (from aggregate targeting to inflation targeting). When organizing the assumed results in the form of impulse response and forecasting error variance decomposition, two common denominators are found as follows. First, changes in the rate of economic growth are mainly attributable to the impact on productivity, and such trend has grown strong since the 2000s, which indicates that Korea's economic growth since the 2000s has been closely associated with its potential growth rate. Second, the magnitude or consistency of impact responses tends to have subsided since the 2000s. Given Korea's high dependence on trade, it is possible that low interest rates, low inflation, steady growth, and the economic emergence of China as a world player have helped secure capital and demand for export and import, which therefore might reduced the impact of each sector on overall economic status. Despite the fact that a diverse mixture of models and impacts has been used for analysis, always two common findings are observed in the result. Therefore, it can be concluded that the decreased rate of economic growth of Korea since 2000 appears to be on the same track as the decrease in Korea's potential growth rate. The contents of this paper are constructed as follows: The second section observes the recent trend of the economic development of Korea and related Korean articles, which might help in clearly defining the scope and analytic methodology of this study. The third section provides an analysis model to be used in this study, which is Structural VAR as mentioned above. Variables used, estimation equations, and identification conditions of impacts are explained. The fourth section reports estimation results derived by the previously introduced model, and the fifth section concludes.

• Journal of Intelligence and Information Systems
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• v.23 no.2
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• pp.107-122
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• 2017

Volatility in the stock market returns is a measure of investment risk. It plays a central role in portfolio optimization, asset pricing and risk management as well as most theoretical financial models. Engle(1982) presented a pioneering paper on the stock market volatility that explains the time-variant characteristics embedded in the stock market return volatility. His model, Autoregressive Conditional Heteroscedasticity (ARCH), was generalized by Bollerslev(1986) as GARCH models. Empirical studies have shown that GARCH models describes well the fat-tailed return distributions and volatility clustering phenomenon appearing in stock prices. The parameters of the GARCH models are generally estimated by the maximum likelihood estimation (MLE) based on the standard normal density. But, since 1987 Black Monday, the stock market prices have become very complex and shown a lot of noisy terms. Recent studies start to apply artificial intelligent approach in estimating the GARCH parameters as a substitute for the MLE. The paper presents SVR-based GARCH process and compares with MLE-based GARCH process to estimate the parameters of GARCH models which are known to well forecast stock market volatility. Kernel functions used in SVR estimation process are linear, polynomial and radial. We analyzed the suggested models with KOSPI 200 Index. This index is constituted by 200 blue chip stocks listed in the Korea Exchange. We sampled KOSPI 200 daily closing values from 2010 to 2015. Sample observations are 1487 days. We used 1187 days to train the suggested GARCH models and the remaining 300 days were used as testing data. First, symmetric and asymmetric GARCH models are estimated by MLE. We forecasted KOSPI 200 Index return volatility and the statistical metric MSE shows better results for the asymmetric GARCH models such as E-GARCH or GJR-GARCH. This is consistent with the documented non-normal return distribution characteristics with fat-tail and leptokurtosis. Compared with MLE estimation process, SVR-based GARCH models outperform the MLE methodology in KOSPI 200 Index return volatility forecasting. Polynomial kernel function shows exceptionally lower forecasting accuracy. We suggested Intelligent Volatility Trading System (IVTS) that utilizes the forecasted volatility results. IVTS entry rules are as follows. If forecasted tomorrow volatility will increase then buy volatility today. If forecasted tomorrow volatility will decrease then sell volatility today. If forecasted volatility direction does not change we hold the existing buy or sell positions. IVTS is assumed to buy and sell historical volatility values. This is somewhat unreal because we cannot trade historical volatility values themselves. But our simulation results are meaningful since the Korea Exchange introduced volatility futures contract that traders can trade since November 2014. The trading systems with SVR-based GARCH models show higher returns than MLE-based GARCH in the testing period. And trading profitable percentages of MLE-based GARCH IVTS models range from 47.5% to 50.0%, trading profitable percentages of SVR-based GARCH IVTS models range from 51.8% to 59.7%. MLE-based symmetric S-GARCH shows +150.2% return and SVR-based symmetric S-GARCH shows +526.4% return. MLE-based asymmetric E-GARCH shows -72% return and SVR-based asymmetric E-GARCH shows +245.6% return. MLE-based asymmetric GJR-GARCH shows -98.7% return and SVR-based asymmetric GJR-GARCH shows +126.3% return. Linear kernel function shows higher trading returns than radial kernel function. Best performance of SVR-based IVTS is +526.4% and that of MLE-based IVTS is +150.2%. SVR-based GARCH IVTS shows higher trading frequency. This study has some limitations. Our models are solely based on SVR. Other artificial intelligence models are needed to search for better performance. We do not consider costs incurred in the trading process including brokerage commissions and slippage costs. IVTS trading performance is unreal since we use historical volatility values as trading objects. The exact forecasting of stock market volatility is essential in the real trading as well as asset pricing models. Further studies on other machine learning-based GARCH models can give better information for the stock market investors.

• The Journal of Korean Society for Radiation Therapy
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• v.24 no.2
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• pp.77-84
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• 2012

Purpose: To develop a geometrical quality control real-time analysis program using an electronic portal imaging to replace film evaluation method. Materials and Methods: A geometrical quality control item was established with the Eclipse treatment planning system (Version 8.1, Varian, USA) after the Electronic Portal Imaging Device (EPID) took care of the problems occurring from the fixed substructure of the linear accelerator (CL-iX, Varian, USA). Electronic portal image (single exposure before plan) was created at the treatment room's 4DTC (Version 10.2, Varian, USA) and a beam was irradiated in accordance with each item. The gaining the entire electronic portal imaging at the Off-line review and was evaluated by a self-developed geometrical quality control real-time analysis program. As for evaluation methods, the intra-fraction error was analyzed by executing 5 times in a row under identical conditions and procedures on the same day, and in order to confirm the infer-fraction error, it was executed for 10 days under identical conditions of all procedures and was compared with the film evaluation method using an Iso-align$^{TM}$ quality control device. Measurement and analysis time was measured by sorting the time into from the device setup to data achievement and the time amount after the time until the completion of analysis and the convenience of the users and execution processes were compared. Results: The intra-fraction error values for each average 0.1, 0.2, 0.3, 0.2 mm at light-radiation field coincidence, collimator rotation axis, couch rotation axis and gantry rotation axis. By checking the infer-fraction error through 10 days of continuous quality control, the error values obtained were average 1.7, 1.4, 0.7, 1.1 mm for each item. Also, the measurement times were average 36 minutes, 15 minutes for the film evaluation method and electronic portal imaging system, and the analysis times were average 30 minutes, 22 minutes. Conclusion: When conducting a geometrical quality control using an electronic portal imaging, it was found that it is efficient as a quality control tool. It not only reduces costs through not using films, but also reduces the measurement and analysis time which enhances user convenience and can improve the execution process by leaving out film developing procedures etc. Also, images done with evaluation from the self-developed geometrical quality control real-time analysis program, data processing is capable which supports the storage of information.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.29 no.2
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• pp.109-120
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• 2017

A discounted cost model for preventive maintenance of armor units of rubble-mound breakwaters is mathematically derived by combining the deterioration model based on a discrete-time stochastic process of shock occurrence with the cost model of renewal process together. The discounted cost model of condition-based maintenance proposed in this paper can take into account the nonlinearity of cumulative damage process as well as the discounting effect of cost. By comparing the present results with the previous other results, the verification is carried out satisfactorily. In addition, it is known from the sensitivity analysis on variables related to the model that the more often preventive maintenance should be implemented, the more crucial the level of importance of system is. However, the tendency is shown in reverse as the interest rate is increased. Meanwhile, the present model has been applied to the armor units of rubble-mound breakwaters. The parameters of damage intensity function have been estimated through the time-dependent prediction of the expected cumulative damage level obtained from the sample path method. In particular, it is confirmed that the shock occurrences can be considered to be a discrete-time stochastic process by investigating the effects of uncertainty of the shock occurrences on the expected cumulative damage level with homogeneous Poisson process and doubly stochastic Poisson process that are the continuous-time stochastic processes. It can be also seen that the stochastic process of cumulative damage would depend directly on the design conditions, thus the preventive maintenance would be varied due to those. Finally, the optimal periods and scale for the preventive maintenance of armor units of rubble-mound breakwaters can be quantitatively determined with the failure limits, the levels of importance of structure, and the interest rates.