• Title/Summary/Keyword: Fundamental theory

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A Comparative Study on the Prohibition of Performance Requirements in International Investment Agreements (국제투자협정에서 「이행요건」 부과금지에 관한 비교연구)

  • Hong, Sung-Kyu
    • Journal of Arbitration Studies
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    • v.29 no.2
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    • pp.35-63
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    • 2019
  • Since imposing Performance Requirements (PRs) on investors have been conducted as a means to protect a host state's domestic industry in the short run, with its effect on improving the international balance of payments, it has been implemented mostly in developing countries. From the viewpoint of investors, however, PRs hinder free competition and investment activities and have the effect of distorting international trade activities; therefore, they are expected to bring detrimental effects on the host state's economic development in the long run. PRs provided by International Investment Agreements (IIAs) and WTO-TRIMs, too, included many abstract regulations which are grounded on the host state's economic efficiency in the past; however, those PRs are gradually being more concretely specified, shifting to a form of prohibition with the goals of increasing the protection on investors and realizing investment liberalization. Accordingly, when Korea freshly concludes IIAs or revises them afterwards, one should focus more on following the points regarding PRs. First, to protect Korean companies' investment activities, it is advantageous to list the contents of prohibited PRs extensively and concretely and create a stipulation. Second, it is necessary to list the contents of the PRs prohibited and add the phrases for prohibiting "any other similar requirements" explicitly, as well so as to cover the PRs that can appear newly. Third, as in the cases associated with PRs, issuable matters are mostly either the range of applying PRs or the conditions of applying them (relevance or detrimental effects); therefore, it is necessary to classify the cases accumulated by issues and analyze them thoroughly. In conclusion, as this study has analyzed the theoretical characteristics of PRs provided in IIAs and related cases and suggests exquisite theory regarding PRs, it not only lays fundamental grounds for follow-up research but also gives useful and practical guidelines for the parties concerned and the arbitrators according to the ISDS procedure.

Dynamic characterization of a CNT reinforced hybrid uniform and non-uniform composite plates

  • Lakshmipathi, Jakkamputi;Vasudevan, Rajamohan
    • Steel and Composite Structures
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    • v.30 no.1
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    • pp.31-46
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    • 2019
  • In the present study, the various dynamic properties of MWCNT embedded fiber reinforced polymer uniform and tapered composite (MWCNT-FRP) plates are investigated. Various configurations of a tapered composite plate with ply-drop off and uniform composite plate have been considered for the development of the finite element formulation and experimental investigations. First order shear deformation theory (FSDT) has been used to derive the kinetic and potential energy equations of the hybrid composite plates by including the effect of rotary inertia, shear deformation and non-uniformity in thickness of the plate. The governing equations of motion of FRP composite plates without and with MWCNT reinforcement are derived by considering a nine- node rectangular element with five degrees of freedom (DOF) at each node. The effectiveness of the developed finite element formulation has been demonstrated by comparing the natural frequencies and damping ratio of FRP composite plates without and with MWCNT reinforcement obtained experimentally. Various parametric studies are also performed to study the effect of CNT volume fraction and CNT aspect ratio of the composite plate on the natural frequencies of different configurations of CNT reinforced hybrid composite plates. Further the forced vibration analysis is performed to compare the dynamic response of the various configurations of MWCNT-GFRP composite plate with GFRP composite plate under harmonic excitations. It was observed that the fundamental natural frequency and damping ratio of the GFRP composite plate increase approximately 8% and 37% respectively with 0.5wt% reinforcement of MWCNT under CFCF boundary condition. The natural frequencies of MWCNT-GFRP hybrid composite plates tend to decrease with the increase of MWCNT volume fraction beyond 2% due to agglomeration of CNT's. It is also observed that the aspect ratio of the CNT has negligible effect on the improvement of dynamics properties due to randomly orientation of CNT's.

Trading Strategies Using Reinforcement Learning (강화학습을 이용한 트레이딩 전략)

  • Cho, Hyunmin;Shin, Hyun Joon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.1
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    • pp.123-130
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    • 2021
  • With the recent developments in computer technology, there has been an increasing interest in the field of machine learning. This also has led to a significant increase in real business cases of machine learning theory in various sectors. In finance, it has been a major challenge to predict the future value of financial products. Since the 1980s, the finance industry has relied on technical and fundamental analysis for this prediction. For future value prediction models using machine learning, model design is of paramount importance to respond to market variables. Therefore, this paper quantitatively predicts the stock price movements of individual stocks listed on the KOSPI market using machine learning techniques; specifically, the reinforcement learning model. The DQN and A2C algorithms proposed by Google Deep Mind in 2013 are used for the reinforcement learning and they are applied to the stock trading strategies. In addition, through experiments, an input value to increase the cumulative profit is selected and its superiority is verified by comparison with comparative algorithms.

Word Embeddings-Based Pseudo Relevance Feedback Using Deep Averaging Networks for Arabic Document Retrieval

  • Farhan, Yasir Hadi;Noah, Shahrul Azman Mohd;Mohd, Masnizah;Atwan, Jaffar
    • Journal of Information Science Theory and Practice
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    • v.9 no.2
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    • pp.1-17
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    • 2021
  • Pseudo relevance feedback (PRF) is a powerful query expansion (QE) technique that prepares queries using the top k pseudorelevant documents and choosing expansion elements. Traditional PRF frameworks have robustly handled vocabulary mismatch corresponding to user queries and pertinent documents; nevertheless, expansion elements are chosen, disregarding similarity to the original query's elements. Word embedding (WE) schemes comprise techniques of significant interest concerning QE, that falls within the information retrieval domain. Deep averaging networks (DANs) defines a framework relying on average word presence passed through multiple linear layers. The complete query is understandably represented using the average vector comprising the query terms. The vector may be employed for determining expansion elements pertinent to the entire query. In this study, we suggest a DANs-based technique that augments PRF frameworks by integrating WE similarities to facilitate Arabic information retrieval. The technique is based on the fundamental that the top pseudo-relevant document set is assessed to determine candidate element distribution and select expansion terms appropriately, considering their similarity to the average vector representing the initial query elements. The Word2Vec model is selected for executing the experiments on a standard Arabic TREC 2001/2002 set. The majority of the evaluations indicate that the PRF implementation in the present study offers a significant performance improvement compared to that of the baseline PRF frameworks.

The Analysis of the effect of the Regeneration Project of the Decrepit Industrial Complex by the Private-led Aggregation Governance - Focusing on the comparison with the Public-led Project - (민간주도 집단화 거버넌스 구축에 의한 노후산업단지 재생사업의 효과분석 - 공공주도 사업과의 비교를 중심으로 -)

  • Jung, Hyun-Jin;Kwon, Young-Sang
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.34 no.10
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    • pp.131-142
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    • 2018
  • Being dealt in Alfred Weber's Theory of the location of Industries, a lot of economic benefits can be obtained through aggregation and clustering of industrial facilities, which derived to the development of industrial complexes in Korea. However, with the IMF economic crisis as well as various institutional changes, the framework of aggregation and clustering of industries is broken, which led to individual developments that took place without any consideration of surrounding industries. For reformation of these condition of industrial complexes, national government-led regeneration projects are being carried out currently. However, national government-led projects mainly focus on profitable projects such as officetel and hotel that are irrelevant to exist composition of industrial complexes which is usually manufacturing base industries and are unable to solve the fundamental problems of industrial complexes. Thus, a necessity of industry clustering is deduced through case analysis of actual private-led manufacturing industry cluster with governance and analysis of benefits on financial, spatial and environmental aspects. In addition, implications on the necessity follow base on factorial analysis on the benefit of clustering development than individual development as well as analysis on the measures taken for successful clustering.

Evaluation of Equivalent-Static Floor Acceleration for Seismic Design of Non-Structural Elements (비구조요소의 내진설계를 위한 등가정적 층가속도 평가)

  • Jun, Su-Chan;Lee, Cheol-Ho;Bae, Chang-Jun;Kim, Sung-Yong
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.36 no.3
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    • pp.121-128
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    • 2020
  • In this paper, the ASCE 7 equivalent static approach for seismic design of non-structural elements is critically evaluated based on the measured floor acceleration data, theory of structural dynamics, and linear/nonlinear dynamic analysis of three-dimensional building models. The analysis of this study on the up-to-date database of the instrumented buildings in California clearly reveals that the measured database does not well corroborate the magnitude and the profile of the floor acceleration as proposed by ASCE 7. The basic flaws in the equivalent static approach are illustrated using elementary structural dynamics. Based on the linear and nonlinear dynamic analyses of three-dimensional case study buildings, it is shown that the magnitude and distribution of the PFA (peak floor acceleration) can significantly be affected by the supporting structural characteristics such as fundamental period, higher modes, structural nonlinearity, and torsional irregularity. In general, the equivalent static approach yields more conservative acceleration demand as building period becomes longer, and the PFA distribution in long-period buildings tend to become constant along the building height due to the higher mode effect. Structural nonlinearity was generally shown to reduce floor acceleration because of its period-lengthening effect. Torsional floor amplification as high as 250% was observed in the building model of significant torsional irregularity, indicating the need for inclusion of the torsional amplification to the equivalent static approach when building torsion is severe. All these results lead to the conclusion that, if permitted, dynamic methods which can account for supporting structural characteristics, should be preferred for rational seismic design of non-structural elements.

Effects of social identification on consumers' attitude and purchase intention for university logo products - Focusing on moderating effects of university prestige and online shopping frequency - (사회적 동일시에 따른 대학 로고제품태도 및 구매의도 - 대학위상과 온라인 쇼핑 빈도의 조절효과를 중심으로 -)

  • Kim, Songmee;Jeong, Jin;Lee, Yuri
    • The Research Journal of the Costume Culture
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    • v.28 no.6
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    • pp.755-770
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    • 2020
  • As the postsecondary school-age population continues to decline, universities are building identities to differentiate themselves and create a favorable impression among this cohort. We investigated the role of logo-bearing products as a way of promoting university identity, specifically, the effects of ingroup ties, ingroup affect, and centrality on attitude toward university logo products and purchase intention. This study further examined the moderating effects of perceived university prestige on the relationship between logo product attitude and in-store purchase intention, and the moderating effect of online shopping frequency on the relationship between logo product attitude and online purchase intention. We conducted a survey of undergraduate and graduate students at a university in Seoul. Survey responses (N=561) were collected and processed using SPSS 23.0. Multiple regression analysis showed that ingroup ties and affect had significant effects on product attitude. However, centrality had no significant effect on attitude toward the product. Product attitude had a direct significant effect on both in-store and online purchase intention. Perceived university prestige moderated the relationship between product attitude and in-store purchase intention. Moreover, online shopping frequency moderated the relationship between product attitude and online purchase intention. The results of this study are expected to provide fundamental knowledge for developing product strategy of logo products.

A Study on Dental Hygiene Students' Curriculum Regarding Clinical Practice (일부 치위생과 학생들의 임상실습 시 교과목 효용에 관한 연구)

  • Jang, Sung-Yeon
    • Journal of Korean Dental Hygiene Science
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    • v.4 no.1
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    • pp.11-18
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    • 2021
  • Background: The present study aimed to analyze which curriculum is the most relevant to dental hygiene students when they participate in clinical practice in order to provide a useful reference for preparing educational guidance in this field. Method: The survey utilized in the present study consisted of six questions about general characteristics, such as grade, satisfaction with major, amount of clinical practice, period of clinical practice, place of clinical practice, and the most interesting are during clinical practice. When evaluating curriculum relevancy, the following were ranked on a 5-point Likert scale, where 5 = very useful, 4 = comparatively useful, 3 = normal, 2 = comparatively unuseful, 1 = very unuseful: difference in requirements in the field of clinical practice, reason for this difference, and question about the utility of each curriculum. On this scale, higher points implied higher relevance. Result: The highest groups of curricula regarding curriculum utility were as follows: operative dentistry (59.6%), pre-clinical practice (55.2%), dental materials and clinical practice (54.4%), and prosthetic dentistry (49.6%). The lowest groups of curricula regarding curriculum utility were as follows: oral physiology (2.0%), oral histology and embryology (1.6%), and oral microbiology (1.2%). These results imply a lack of connection between the curriculum and tasks in clinical practice. Conclusion: Based on the results of the present study, it appears that both theory and practice courses of the clinical curriculum must be conducted systematically, and that there is a need to conduct education for the fundamental curricula, such as oral physiology, oral histology and embryology, and oral microbiology, regarding the relevance of tasks practiced in clinics.

A quasi 3D solution for thermodynamic response of FG sandwich plates lying on variable elastic foundation with arbitrary boundary conditions

  • Bouiadjra, Rabbab Bachir;Mahmoudi, Abdelkader;Sekkal, Mohamed;Benyoucef, Samir;Selim, Mahmoud M.;Tounsi, Abdelouahed;Hussain, Muzamal
    • Steel and Composite Structures
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    • v.41 no.6
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    • pp.873-886
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    • 2021
  • In this paper, an analytical solution for thermodynamic response of functionally graded (FG) sandwich plates resting on variable elastic foundation is performed by using a quasi 3D shear deformation plate theory. The displacement field used in the present study contains undetermined integral terms and involves only four unknown functions with including stretching effect. The FG sandwich plate is considered to be subject to a time harmonic sinusoidal temperature field across its thickness with any combined boundary conditions. Equations of motion are derived from Hamilton's principle. The numerical results are compared with the existing results of quasi-3D shear deformation theories and an excellent agreement is observed. Several numerical examples for fundamental frequency, deflection, stress and variable elastic foundation parameter's analysis of FG sandwich plates are presented and discussed considering different material gradients, layer thickness ratios, thickness-to-length ratios and boundary conditions. The results of the present study reveal that the nature of the elastic foundation, the boundary conditions and the thermodynamic loading affect the response of the FG plate especially in the case of a thick plate.

A Study on the Exhibition 《Women_Independence Movement_Gimhae》 from a Psychoanalytic Feminist Point of View: Based on the Theories of L. Irigaray and J. Kristeva (정신분석학적 페미니즘 관점에서의 《어와 만세 백성들아, 여성_독립운동_김해》전시 연구 - L. 이리가레이와 J. 크리스테바의 이론을 중심으로 -)

  • Choi, Jeong Eun
    • Korean Association of Arts Management
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    • no.55
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    • pp.155-184
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    • 2020
  • This paper aims to reveal the merits and demerits of the exhibition by examining whether the subject intended at the exhibition planning stage was finally persuasively implemented throughout the work and exhibition, along with the theoretical verification of the way the exhibition dealing with the history of the women's independence movement from the psychoanalytic feminist point of view. To this end, a more fundamental approach to the theme of the Women's Independence Movement calls for the search for a feminine language that can capture women's unique identity rather than a masculine language such as the existing independence movement exhibition method, and for finding such feminine language, a feminine speech, art and poetic language, maternal genealogy, and women's solidarity are presented, along with theories. This paper, which expounds the role of art works in exhibitions dealing with history through theoretical verification of actual exhibition cases, has significance as communication between theory and field.