• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.1
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• pp.315-323
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• 2016

This study examined the durability and method for making a mockup of bobsled tracks for constructing a bobsled stadium, which is a sport in the Winter Olympics. As bobsleigh games are very fast and dangerous, a safety design for players and a precise construction using highly efficient shotcrete is necessary. Moreover, a general molding construction is difficult because bobsleigh tracks are composed of various curves and slopes, and it is necessary to construct them using high-strength and high durability materials. The developed method for making a mockup and performing durability evaluation of bobsleigh tracks through this research will be applied in the construction of the 2018 Pyeongchang Winter Olympics Sliding centre and bobsleigh tracks using domestic techniques.

• Journal of the Korea institute for structural maintenance and inspection
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• v.21 no.3
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• pp.86-92
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• 2017

The possibility to development of floor vibration problem is larger in case of long span structure under service loads. Therefore, to improve the vibration performance of the floor, increasing of its thickness is a common method. But, increasing of thickness can lead to increase of slab self weight and reduce the effectiveness of the building. For this reason, attention for voided slab which reduces the self-weight is increasing. Hence, voided deck slab combined with deck plate and polystyrene void foam which has buoyancy prevention capacity and much developed construct ability has bee developed. By using the developed voided slab, vibration performance of a mock-up building structure has been investigated in the current study. The results according to analysis showed that they can be implemented in living and bedroom which are considered as 1st grade on the basis of "Residential Evaluation Guidelines for Vibration of Buildings" by the Architectural Institute of Japan.

• Environmental and Resource Economics Review
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• v.28 no.4
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• pp.617-643
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• 2019

The Demilitarized Zone(DMZ) is a buffer zone set between the southern and northern limit lines established after the 1953 Armistice Agreement. It is an important natural environment conservation area where wild species of animals and plants live. On the other hand, the development pressure on the DMZ will increase when the inter-Korean economic cooperation is activated in the future. As a result, DMZ development should consider not only the economic cost-benefit aspects, but also how to assess and conserve the biodiversity of the DMZ, as well as the recovery costs and budget. This paper develope a sustainable DMZ management model under biodiversity uncertainly by using real option approach. The model is also designed to reflect the political risk and regional specificity of the DMZ. Through empirical analysis, I derive the biodiversity threshold (b^*) that can secure the DMZ investment economy under uncertainty. In addition, through the sensitivity analysis, I derive the factors influencing the biodiversity threshold, and suggest the policy implications for sustainable management of DMZ.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.37 no.10
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• pp.1027-1037
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• 2009

The development of a combustion chamber for a 30-$ton_f$ regeneratively-cooled space liquid rocket engine is described. Starting from the development of bi-propellant swirl coaxial injectors, essential technologies were verified through subscale combustion chambers and afterwards applied to the full-scale combustion chambers. A total of 5 full-scale combustion chambers have been utilized to verify ignition, combustion efficiency and stability, cooling, and duration requirements. A total of 46 combustion tests were performed among which 23 tests were parallely performed with stability rating tests using a pulse gun device. The test results have revealed that the 30-$ton_f$ regeneratively-cooled combustion chamber fully complies to the performance and combustion stability requirements and thus concluded that the development is successfully completed.

• International Area Studies Review
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• v.14 no.1
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• pp.3-29
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• 2010

The purpose of this paper is to examine the transmission of domestic and foreign real and monetary disturbances into a small country with heavy imports of intermediate goods, and to analyze how the wage indexation in a small country affects the transmission of foreign disturbances into a small country. We consider the two countries, a small country and the rest of the world, two goods, and rational expectations world model under flexible exchange rate system with perfect capital mobility. We find out that foreign disturbances are transmitted into a small country through the price channel, the foreign output multiplier channel, and the nominal interest rate channel, and the foreign real balance channel. We have conducted an empirical investigation by using the Korean data for a small country and the U.S. data for a large country to see how real and monetary disturbances originating from the US affects the Korean economy with wage indexation.

• Environmental and Resource Economics Review
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• v.28 no.2
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• pp.177-200
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• 2019

Energy demand forecast which serves as an essential input in energy policy is exposed to multiple factors of uncertainty such as GDP and weather forecast uncertainty. The Master Plan of Electricity Market in Korea which is biennially prepared is critically based on fluctuating energy demand forecast whereas its resulting proposal on electricity generation mix is substantially irreversible. The paper provides a real options model to evaluate energy transition policy by considering Knightian uncertainty as a measure to study multiple uncertainties with multiple set of probability distributions. Our finding is that the current energy transition policy under the master plan is not robust in terms of securing stable management of electricity demand and supply system.

• Journal of the Korean BIBLIA Society for library and Information Science
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• v.30 no.2
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• pp.245-261
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• 2019

The purpose of this study was to investigate factors affecting the use of modern photographic records. Data was collected through a survey of 95 potential users for photographic records in future. Independent variables in this study included evidential value, informational value, usage value, intrinsic value. Dependent variable was selected as use intention for photographic records. The results of analysis of multi-regression analysis showed that evidential value and intrinsic value were found to have a positive impact on use intention for photographic records in modern korea. The results from this study can be used as important basic data for building archives for photographic record or for developing the policy for effective photographic records management.

• Environmental and Resource Economics Review
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• v.28 no.1
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• pp.39-59
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• 2019

The Korean Demilitarized Zone (DMZ) has the great ecosystem as all the artificial activities in DMZ have been prohibited over half a century. The ecosystem should be conserved even after the reunification of Korea and hence the conservation plan should be established not after the reunification but before it. It requires a considerable budget to conserve DMZ, considering management of ecology resource, recovery, and research. The objective of this paper is to analyze a fund-raising measure for DMZ conservation, using economic incentives mechanism when multiple developers participate in the auction to get the right to develop North Korean regions, have private information about their sunk costs and pay a part of their profits for the fund. First, we analyze the real option model to decide the optimal investment time. Second, we construct the auction for bidders not to misrepresent their private information, based on Bayesian Nash equilibrium.

• Korean Journal of Construction Engineering and Management
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• v.22 no.1
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• pp.90-97
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• 2021

Saemangeum Development is the largest national project in South Korea, which has been developed for an agricultural, economic and tourist area for 30 years from 1987. In order to convert power sources that used to depend on nuclear and thermal power to eco-friendly for carbon reduction, the government plans to construct a 2.1GW floating photovoltaic project by investing 4.6 trillion won, as a public-private project. For success of the Saemangeum floating photovoltaic project, economic feasibility should be checked. This study defined the factors (construction cost, electricity selling price, power generation and maintenance cost) that give a effect to the volatility of the floating photovoltaic payoffs, and analyzed the volatility of payoffs during 20 years operation period. NPV and option value of the project were calculated by applying an option to abandon. According to NPV analysis, it is determined that projects are difficult to invest. But this project has economic feasibility through real options analysis. This study is expected to help decision-makers in the economic analysis of floating photovoltaic projects by using the real options analysis.

• Journal of the Korean GEO-environmental Society
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• v.12 no.4
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• pp.43-51
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• 2011

Many electric poles in the softground have been collapsed due to external load. In this study, 10 types of tests were performed with variation of location, numbers and depths of anchor blocks as well as depth of poles to find horizontal earth pressure through full scale pull-out tests. The horizontal earth pressure increased with embedded depth of electric pole, and earth pressure of lower passive zone decreased. The deeper of anchor block, earth pressure of passive zone becomes less. lateral displacements showed differences depending on location, numbers and depth of poles. The bending is generated in the upper part at the initial load, but it moved to central part as load increased. The maximum horizontal displacement decreased to 1/1.6 at -0.5m depth of anchor block and 1.3m additional laying depth of poles into ground.