• Environmental and Resource Economics Review
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• v.16 no.3
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• pp.683-699
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• 2007

This study applied the choice experiment (CE) method to measure values of statistical lives from multi-attributed mortality risk reduction choices. The four characteristics of mortality risk (i.e. cause of death, voluntariness of mortality risk, timing of death, magnitude of mortality risk reduction) are utilized to design the alternatives of choice sets. The estimation results for the multinomial logit model show that individuals are willing to pay 27,930 won per year for a change from the status quo to a $\frac{1}{100}$ mortality risk reduction for 10 years, 116,773 won per year for mortality risk reduction associated with adults, 97,682 won per year for voluntary mortality risk reduction, 77,234 won per year for involuntary mortality risk reduction. There were several estimates of VSL related to different attributes of mortality risk. The mean VSLs of infant/child/young adult ranged from 1,165 million won to 1,367 million won. The mean VSLs ranged from 1,631 million won to 1,833 million won for adult, and were between 1,128 million won and 1,330 million won for old person.

• Journal of Environmental Impact Assessment
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• v.26 no.6
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• pp.445-456
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• 2017

For impact assessment of inundation in coastal area due to sea level rise (SLR), model for estimating future peak water level was constructed using observed mean sea level (MSL), storm surge level (SSL) data and calculated tide level (TL) data. Based on time series analysis and quadratic polynomial model for SLR and Monte-Carlo simulation for IC, SSL and TL, 100-year return peak water level is expected to be 2.3, 2.6, 2.8m, respectively (each corresponding to year 2050, 2080, 2100). Further analysis on future potential inundation area showed U-dong, Yongho-dong, Songjeong-dong, Jaesong-dong to be at high risk.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1794-1801
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• 2008

Fire-driven flow and temperature distribution in a ventilated tunnel was analyzed by Large Eddy Simulation using FDS code. The simulated tunnel is 182m length, 5.4m wide and 2.4m height. A pool fire was located 112m from tunnel entrance and was taken as a heat source of $0.89m^2$. The heat is assumed to be released uniformly throughout the whole simulated time. The fire strength was 2.76MW and the fuel burnt was octane. The parallel computational method was employed to accelerate the computing time and manage the large grid points which is not possible to handle in the one CPU. The total grid points used were $2.4{\times}10^6$ and 7 CPUs were used to calculate the momentum and energy equations. The simulated results were well compared with the experiments.

• Journal of Cadastre & Land InformatiX
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• v.45 no.1
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• pp.207-224
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• 2015

The purpose of this study is to review the various valuation techniques of intangible assets. The value of intangible asset by the income approach can be measured as the present value of the economic benefit over the intangible asset's remaining useful life. The typical methods used in intangible asset economic income projections include extrapolation method, life cycle analyses, sensitivity analyses, simulation analyses, judgment method, and tabula rasa method. There are several methods available for estimating capitalization rates and discount rates for intangible asset, in which we have discussed market extraction method, capital asset pricing model, built-up method, discounted cash flow model, and weighted average cost of capital method. As the capitalization methods for intangible asset, relief-from-royalty method, excess earnings capitalization method, profit split method, residual from business enterprise method, postulated loss of income method and so on have been reviewed.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.1 no.1
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• pp.52-57
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• 2002

A simulation tool for an optimal ATIS design and drivers' dynamic route choice behavior analysis is developed, which is applicable to urban networks. Due to the difficulty to make drivers feel the time pressure according to traffic conditions, current SP questionnaire survey type surveys have a limitation to capture correct driver reactions to real-time traffic Information provision. The simulator Is a web-based upgraded version, named WATiSim (Web-based ATIS Simulator), to quickly perform a wide population survey with a minimal cost using INTERNET Furthermore, the time pressure issue is lessened by its interface and simulation modules. After WATiSim mimicked a VMS based ATIS in a partial network of Seoul Metropolitan, reactions of drivers to various traffic conditions were surveyed through INTERNET and analyzed using a logit model. Drivers under the ATIS environment clearly understood the provided traffic information, and their reactions were closely related to traffic conditions, scheduled delay, trip purposes as well as toll charge if any.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.10 no.4
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• pp.44-54
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• 2011

Intelligent transport services on smart roads tend to have a problem at the stage of benefit-cost analysis that can not secure economic feasibility of the new services which increase early investment cost on building its infrastructure. It is expected that the number of road accidents, 'Incident/Accident', will decline through various safety services using intelligent safety facilities, intelligent transport management and so on, and that traffic congestion will also decrease. The effect of traffic congestion reduction could be the benefit by safety improvement, however current investment-analysis process in Korea does not appropriate it as a benefit. This study estimated road blocking time with 'Incident/Accident' classification and highway accident data of past three years. It also developed a generalized model by a regression analysis with a microscopical simulation. Furthermore, it suggested necessary units on quantitative analysis in order to make the developed model applicable to investment evaluation. As a result of applying the developed model to Smart-Highway Project, it showed that total safety improvement benefit is about 139 billion dollars over 30 years when it is supposed that accident decreasing rate by smart safety facilities is 10%.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.37 no.1C
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• pp.54-62
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• 2012

A Wi-Fi mesh network providing multi-hop wireless connections based on IEEE 802.11 PHY/MAC technology has recently received a significant attention as a network infrastructure that interconnects RFID systems and wireless sensor networks (WSNs). However, the current IEEE 802.11 contention-based MAC protocol cannot fully utilize the network capacity due to eithor frame collisions or unused network resources. In this paper, we propose a novel multi-channel scheduling MAC (MCS-MAC) protocol for Wi-Fi mesh networks. Under the secondary interference model of Wi-Fi mesh networks, the MCS-MAC protocol can maximize the network throughput via activation of collision-free links that has a maximal link weight. Through the simulations, we show that the throughput of the MCS-MAC protocol is at least three times higher than that of existing MAC protocols in Wi-Fi mesh networks.

• International Journal of Highway Engineering
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• v.18 no.2
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• pp.91-101
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• 2016

PURPOSES : The aim of this study was to compare the performance of the QUEENSOD method and the gravity model in estimating Origin-Destination (O/D) tables for a large-sized microscopic traffic simulation network. METHODS : In this study, an expressway network was simulated using the microscopic traffic simulation model, VISSIM. The gravity model and QUEENSOD method were used to estimate the O/D pairs between internal and between external zones. RESULTS: After obtaining estimations of the O/D table by using both the gravity model and the QUEENSOD method, the value of the root mean square error (RMSE) for O/D pairs between internal zones were compared. For the gravity model and the QUEENSOD method, the RMSE obtained were 386.0 and 241.2, respectively. The O/D tables estimated using both methods were then entered into the VISSIM networks and calibrated with measured travel time. The resulting estimated travel times were then compared. For the gravity model and the QUEENSOD method, the estimated travel times showed 1.16% and 0.45% deviation from the surveyed travel time, respectively. CONCLUSIONS : In building a large-sized microscopic traffic simulation network, an O/D matrix is essential in order to produce reliable analysis results. When link counts from diverse ITS facilities are available, the QUEENSOD method outperforms the gravity model.

• Journal of Korea Water Resources Association
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• v.35 no.6
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• pp.797-805
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• 2002

The EV ROM, a joint reservoir operation model for flood control that accounts for the downstream flow condition, has been introduced in the preceding article (Shin et al, 2000). A joint reservoir operation model computer program for the Geum river basin, developed by FORTRAN Power Station 4.0 using the EV ROM, is hereby presented. Three case studies of flood control by joint operation of the Yongdam and Daechung Multipurpose Dams in the Geum river basin revealed that the performance of the EV ROM was superior to the existing Rigid ROM and Technical ROM. This is because the EV ROM can account for the downstream flow condition as well as the upstream inflow and the reservoir water level. In order to apply for various floods events in the future, consistent improvement of the developed EV ROM and efforts for more accurate rainfall prediction are required.

• Journal of Korean Society of Transportation
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• v.23 no.2
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• pp.7-24
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• 2005

A large scale international airport is an essential ingredient of the regional and the national economy. It helps the regional and the national economy booming. On the other hand, some international airport forms a region by itself with the surrounding community, which tends to keep growing. The airport development can be viewed as a sort of regional development and its sustainability needs to be examined during both planning phase and operating phase. n this paper, a system dynamic model is proposed to access the sustainability of airport develpment and the model is applied to address the sustainability of Korea's new international airport. Incheon International Airport, develpment. The study reveals that the phase 2 facilities need to be built quickly to meet anticipated future traffic and that the air pollutants need to be reduced by 6% to keep the airport development sustainable.