• The Transactions of The Korean Institute of Electrical Engineers
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• v.59 no.1
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• pp.46-50
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• 2010

Power system outages can lead to huge economic losses for various industries. Jeju island power system outage in 2006 also caused significant social and economic impacts in Korea. There have been numerous attempts to evaluate the economic costs of power system outages. Power system outages can also have financial impacts on electric power industry. This paper attempts to analyze the economic impacts of the 2006 Jeju island power system outage on the values of the firms in the power industry using event study. Empirical analysis results are presented to show the economic impacts of the 2006 Jeju island outage on the values of the firms in the power industry.

• Proceedings of the KSRS Conference
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• 1998.09a
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• pp.404-408
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• 1998

Yellow sand event has been studied using SeaWiFS data in order to examine the aerosol optical characteristics in the Yellow Sea and their influences on the atmospheric correction for the ocean color remote sensing. Two SeaWiFS images of April 18 and April 25, 1998, representing Yellow Sand event and clear-sky case respectively, are selected for emphasizing the impact of high aerosol concentration on the ocean color remote sensing. It was shown that NASA's standard atmospheric correction algorithm treats yellow sand area as either too high radiance or cloud area, in which ocean color information is not generated. SeaWiFS aerosol optical thickness is compared with nearby ground-based sun photometer measurements and also is compared with radiative transfer simulation in conjunction with yellow sand model, examining the performance of NASA's atmospheric correction algorithm in case of the heavy dust event.

• Journal of Navigation and Port Research
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• v.30 no.4
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• pp.303-308
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• 2006

This study is designed to analyze the production, employment, value added and income impacts tha, in the event of designation and development of Haeundae as 'Convention, Movie, Marine Leisure Special Zone', its marine sector would have on the local economy. The realization of marine leisure special zone of Haeundae in Busan is expected to lead to a direct and indirect investment of approx. \13.6 billion, resulting in \68.0 billion in production impact, 850 jobs in employment impact, \28.0 billion in value added impact and \14.5 billion in income impact. This is expected to give a boost to a stagnant local economy, offering opportunities for the revival of Busan's tourist industry.

• Proceedings of the KSME Conference
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• 2000.11a
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• pp.244-249
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• 2000

Recently, composite material which has much excellent mechanical characteristics has been applied in many industries. However, it has a brittle characteristic under impact event. Especially, its invisible characteristics of the damaged area has been the motivation of many engineers investigation, and the nonlinearity of the impact mechanism is one of the main reason to assume the damaged area too simple. The damage mechanism of the composite laminated plate subjected to low velocity impact using ABAQUS/Standard & user subroutine was presented here.

• Nuclear Engineering and Technology
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• v.53 no.6
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• pp.1858-1868
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• 2021

Resisting an accidental impact of large commercial aircrafts is an important aspect of advanced nuclear power plant (NPP) design. Especially after the 9·11 event, some regulations were enacted, which required the design of NPPs should consider the accidental impact of large commercial aircrafts. Normal working of equipment is important for stopping reactor under an impact when an NPP is in operation. However, there is a lack of reliable analysis and research on the impact test of nuclear prototype equipment. Therefore, in order to study the response of the equipment under high acceleration impact, a centrifugal pump is selected as the research object to perform the impact test. A horizontal half-sinusoidal pulse wave was applied to the working pump. The test results show that the horizontal response of the motor and flange is greater compared to other parts, as well as the vertical response of the coupling. The stress response of the pump body support and motor support is high, hence these parts should be considered in the design of the pump. Finally, combined with the damage and stress evaluation results of the pump under different amplitudes, the ultimate impact acceleration that the pump can withstand is given.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.12 no.8
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• pp.3926-3945
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• 2018

In Jøsang's trust model, trust evaluation is obtained through operators, but there are problems with the mutuality and asymmetry of trust and the impact of event weight on trust evaluation. Trust evaluation is updated dynamically and continuously with time and the process of interactions, but it has not been reflected in Jøsang's model. Therefore, final trust evaluation is not accurate, and malicious fraud cannot be prevented effectively. This causes the success rate of interaction to be low. To solve these problems, a new dynamic trust model is proposed based on extended subjective logic (DTM-ESL). In DTM-ESL, the event weight and the mutuality of trust are fully considered, the original one-way trust relationship is extended to a two-way trust relationship, discounting and consensus operators are improved, and trust renewal is designed based on event weight. The viability and effectiveness of this new model are verified by simulation experiments.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.7
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• pp.149-161
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• 2017

This paper analyzed the impact of alliances on the market value of the 106 bio-pharmaceutical companies listed on the KOSPI or KOSDAQ in Korea by using the 'Event study methodology'. Although general alliances did not impact the corporate value significantly, in the analysis corresponding to the alliance type, R&D alliances created positive value, as technology acts as an important factor for the alliance. Among the R&D alliances, 'Technology Transfer alliances', in particular 'Development Technology Transfer alliances', had a positive influence on the corporate value. We interpret these differentiated results as market tends to screen for types of alliances. Meanwhile, we confirmed that the possibility of a stock price increase before the alliance announcement is high by analyzing the impact of the timing of corporate alliance announcements on the company value. It can be inferred that the possibility of information leakage is high. This paper analyzes the impact of alliances for managers and practitioners seeking to create value for domestic bio-pharmaceutical companies, and suggests the need to prevent information leakages by establishing a suitable policy.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 2008.04a
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• pp.224-226
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• 2008

• Structural Engineering and Mechanics
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• v.85 no.1
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• pp.119-133
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• 2023

Impact event is the key factor influencing the operational state of the mechanical equipment. Additionally, nonlinear factors existing in the complex mechanical equipment which are currently attracting more and more attention. Therefore, this paper proposes a novel hybrid-separate identification strategy to solve the force identification problem of the nonlinear structure under impact excitation. The 'hybrid' means that the identification strategy contains both l1-norm (sparse) and l2-norm regularization methods. The 'separate' means that the nonlinear response part only generated by nonlinear force needs to be separated from measured response. First, the state-of-the-art two-step iterative shrinkage/thresholding (TwIST) algorithm and sparse representation with the cubic B-spline function are developed to solve established normalized sparse regularization model to identify the accurate impact force and accurate peak value of the nonlinear force. Then, the identified impact force is substituted into the nonlinear response separation equation to obtain the nonlinear response part. Finally, a reduced transfer equation is established and solved by the classical Tikhonove regularization method to obtain the wave profile (variation trend) of the nonlinear force. Numerical and experimental identification results demonstrate that the novel hybrid-separate strategy can accurately and efficiently obtain the nonlinear force and impact force for the nonlinear structure.

• International Journal of Highway Engineering
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• v.11 no.1
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• pp.117-126
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• 2009

Total number of recorded earthquakes in Korea is more than 2,000 of which 48 were catastrophic. The impacts from infrastructure damage due to an earthquake to production facilities and lifelines may spread across boundaries of several regions via import-export relationships and can bring serious economic impact to other regions. The economic impacts from unscheduled events stem not only from the damage and direct losses, but also from the indirect losses during the recovery and reconstruction periods. To recover and reconstruct the facilities and lifelines damaged by unexpected events through investment or government financial aid, both the direct and the indirect economic impacts from an event need to be measured in regional and interregional contexts. Direct economic impact is the direct change of production and demand due to the disruption of production facilities and lifelines from an unexpected event, and indirect economic impact is the change in other sectors due to inter-industry relationships. The purpose of the paper is to analyze various economic impacts of an earthquake, especially impacts on transportation networks in Korea. We collected spatial and economic data from Korea, and analyzed and estimated final demand loss and commodity flows from the unscheduled event.