• Title/Summary/Keyword: Impact of event

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A Study on the Impact of Negativity Bias on Online Spread of Reputation : With a Case Study of Election Campaign (온라인상에서 부정적 편향에 따른 평판 확산 차이에 관한 연구 : 선거 사례를 중심으로)

  • Kim, Na-Ra;Shin, Kyung-Shik
    • Journal of Information Technology Services
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    • v.14 no.1
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    • pp.263-276
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    • 2015
  • As a social being, people can cooperate and control one another through the power of reputation, which is a critical opinion of someone given by others. Nevertheless, there have been obstacles in clarifying the identity of traditional types of reputation, for they are mostly words of mouth passed among members of a society. However, due to dramatic technological advancement and widespread use of the Internet and social media, now we can clearly see and analyze written reputations, which used to be passed only from mouth to mouth. Against this background, this study examines whether a negativity bias-a notion that an event of a more negative nature has a greater effect on one's psychological state than a positive event-applies to spread of reputation online, and examines related factors and effects. To this end, reputation-related online comments left by social media users during the election period of Korea's 6th provincial election on 4 June 2014 were analyzed. For the analysis, a Bass diffusion model was used, which is based on the innovation diffusion theory. The analysis results confirmed that, at online forum, negative reputations spread more quickly and more widely than positive ones, had a greater impact, and mass media such as online news outlets had a significant influence on spread of reputation online.

An Assessment Pipe Damage Probability of High Pressure Underground Pipeline in Industrial Estate (산업단지 고압매설배관의 손상확률 평가)

  • Kim, jin-jun;Rhie, Kwang-Won;Choi, hun-ung;Choi, ji-hun
    • Journal of the Korean Institute of Gas
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    • v.23 no.2
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    • pp.9-16
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    • 2019
  • The frequency of major accidents which has probability of occurrence at the high pressure underground pipeline of industrial estate such an Ulsan, Yeo-ju by the other construction such as an excavation work will be compared to city gas underground pipeline to derive the basic event by the FTA and present. Also, Observe and analyze the pipe damage impact factor such as an excavation frequency, patrol cycle. As a result, It contributes to the safety improvement of high pressure gas buried pipeline due to obtain importance and sensitivity of the pipe damge impact factors.

The Impact of Stock Split Announcements on Stock Prices: Evidence from Colombo Stock Exchange

  • PRABODINI, Madhara;RATHNASINGHA, Prasath Manjula
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.41-51
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    • 2022
  • The research looks into the impact of stock split announcements on stock prices and market efficiency in the Colombo Stock Exchange (CSE). This research uses a sample of 26 stock split announcements that occurred between 2020 and June 2021. According to the Global Industry Classification Standards, the stock split announcements covered in the study pertain to 26 businesses and 9 industries (GICS). To obtain the results, the usual event research methodology is used. The findings demonstrate significant average abnormal returns of 15.01 percent on the day the stock split news is made public and abnormal returns of 4.11 percent and -4.05 percent one day before and after the stock split announcement date, respectively. The study's findings revealed significant positive abnormal returns one day before the disclosure date, indicating information leakage, and significant negative abnormal returns the next day after the announcement date, indicating CSE informational efficiency. Because stock prices adapt so quickly to public information, these findings support the semi-strong form efficient market hypothesis, which states that investors cannot gain an abnormal return by trading in stocks on the day of the stock split announcement.

Assessing Vulnerability to Climate Change of the Physical Infrastructure in Korea Through a Survey of Professionals (우리나라 사회기반시설의 기후변화 취약성 평가 - 전문가 설문조사를 바탕으로 -)

  • Myeong, Soojeong;Yi, Donggyu
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.347-357
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    • 2009
  • This study conducted a vulnerability assessment on Korea's physical infrastructure to provide base data for developing strategies to strengthen Korea's ability to adapt to climate change. The assessment was conducted by surveying professionals in the field of infrastructure and climate change science. A vulnerability assessment was carried out for seven climate change events: average temperature increases, sea level rise, typhoons and storm surges, floods and heavy rain, drought, severe cold, and heat waves. The survey asked respondents questions with respect to the consequences of each climate change event, the urgency of adaptation to climate change, and the scale of investment for adaptation to each climate change event. Thereafter, management priorities for infrastructure were devised and implications for policy development were suggested. The results showed that respondents expected the possibility of "typhoons and storm surges" and "floods and heavy rain" to be the most high. Respondents indicated that infrastructure related to water, transportation, and the built environment were more vulnerable to climate change. The most vulnerable facilities included river related facilities such as dams and riverbanks in the "water" category and seaports and roads in the "transport and communication" category. The results found were consistent with the history of natural disasters in Korea.

Stormwater Runoff Characteristics of Non-point Source Pollutants according to Landuse of Urban Area (도시지역 토지이용에 따른 비점원 오염물질 유출특성)

  • Jeong, Dong-Hwan;Shin, Dongseok;Rhew, Doughee;Jung, Dongil
    • Journal of Environmental Impact Assessment
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    • v.16 no.6
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    • pp.525-532
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    • 2007
  • In order to establish and implement the total maximum daily load (TMDL) management plan in Korea, it is necessary to set the source units and calculate discharge loads for non-point source pollutants such as BOD, COD, SS, TN and TP. This study analysed the corelation between stormwater runoff characteristics and event mean concentrations (EMCs) of non-point source pollutants. As the result of the corelation analysis, we knew that all the antecedent dry days (ADD) and the rainfall correlated lowly with non-point source pollutants in the urban areas such as resident area, industrial area, business area, road area and parking area. Therefore, it is necessary to get all samples from stormwater starting point to stormwater ending point and standardize the sampling method of stormwater in order to obtain more accurate EMCs for landuse.

Communication Disaster Type and Risk Analysis (통신재난의 유형 및 위험분석)

  • Choi, Jae Myeong
    • Journal of Platform Technology
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    • v.9 no.3
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    • pp.18-23
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    • 2021
  • As it develops into a hyper-connected society, the role of information and communication is greatly increasing. In the event of a communication disaster, it will cause a significant impact on social infrastructure, suspension of the national critical infrastructure services, and the lives of the people. In addition, the information communication sector needs systematic management to create an information communication environment that is safe from disasters because dependence on the information communication sector has increased rapidly as the industrial structure has advanced. In this paper, we analyzed the types and risks of disasters that may occur to the information communication infrastructure that play important roles in national critical infrastructure, such as information communications, finance, health and healthcare, for systematic management. In the event of a disaster in the information communication infrastructure, it is believed that it will have a significant impact on the national critical infrastructure service suspension and people's lives.

The Impact of COVID-19 Pandemic on Stock Markets: An Empirical Analysis of World Major Stock Indices

  • KHAN, Karamat;ZHAO, Huawei;ZHANG, Han;YANG, Huilin;SHAH, Muhammad Haroon;JAHANGER, Atif
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.463-474
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    • 2020
  • This study aims to investigate the impact of COVID-19 pandemic on the stock markets of sixteen countries. Pooled OLS regression, conventional t-test and Mann-Whitney test are used to estimate the results of the study. We construct a weekly panel data of COVID-19 new cases and stock returns. Pooled OLS estimation result shows that the growth rate of weekly new cases of COVID-19 negatively predicts the return in stock market. Next, the returns on leading stock indices of these countries during the COVID-19 outbreak period are compared with returns during the non-COVID period. We use a t-test and Mann-Whitney test to compare the returns. The results reveal that investors in these countries do not react to the media news of COVID-19 at the early stage of the pandemic. However, once the human-to-human transmissibility had been confirmed, all of the stock market indices negatively reacted to the news in the short- and long-event window. Interestingly, we noticed that the Shanghai Composite Index, which was severely affected during the short-event window, bounced back during the long-event window. This indicates that the Chinese government's drastic measures to contain the spread of the pandemic regained the confidence of investors in the Shanghai Stock Market.

Kinematic Analysis According to the Intentional Curve Ball at Golf Driver Swing (골프 드라이버 스윙 시 의도적인 구질 변화에 따른 운동학적 분석)

  • Hong, Soo-Young;So, Jae-Moo;Kim, Yong-Seok
    • Korean Journal of Applied Biomechanics
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    • v.22 no.3
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    • pp.269-276
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    • 2012
  • The purpose of This study's aim is to examine the difference in the changes of body segment movement, variables for ball quality, and carry at golf driver swing according to the ball quality using comparative analysis. Regarding the impact variables according to the ball quality using the track man and carry, club speed was the fastest at draw shot, ball speed was the fastest at straight shot, and smash factor was the lowest at draw shot. About the vertical launch angle, the fade shot showed the highest launch angle while the max height of the ground and ball was the highest at fade shot. And carry was the longest at draw shot. For the flight time, it was the longest at draw shot. The landing angle was the largest at fade shot. About the club head position change and trajectory, at the overall event point, the fade shot drew a more outer trajectory at the point of the follow through(E6) than the straight or draw shot. Regarding the angular speed of shoulder rotation, at the overall event point, the fade shot showed the greatest angular speed change in the follow through(E6). Also, about the angular speed of pelvic rotation, at the overall event point, the draw shot showed the greatest angular speed change at the point of down swing(E4). Concerning the stance angle change, both straight and fade shots were open as the concept of open stance whereas the draw shot was close as that of close stance. Regarding the previous study, the most important factor of deciding Ball Quality is the club face angle's open and close state at Impact. In short, the Ball Quality and carry were decided by this factor.

A Study on the Air Travel Demand Forecasting using ARIMA-Intervention Model (Event Intervention이 일본, 중국 항공수요에 미치는 영향에 관한 연구)

  • Kim, Seon Tae;Kim, Min Su;Park, Sang Beom;Lee, Joon Il
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.21 no.4
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    • pp.77-89
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    • 2013
  • The purpose of this study is to anticipate the air travel demands over the period of 164 months, from January 1997 to August 2010 using ARIMA-Intervention modeling on the selected sample data. The sample data is composed of the number of the passengers who in the domestic route for Jeju route. In the analysis work of this study, the past events which are assumed to have affected the demands for the air travel routes to Jeju in different periods were used as the intervention variables. The impacts of such variables were reflected in the presupposed demand. The intervention variables used in this study are, respectively, the World Cup event in 2002 (from May to June), 2003 SARS outbreak (from April to May), Tsunami in January 2005, and the influenza outbreak from October to December 2009. The result of the above mentioned analysis revealed that the negative intervention events, like a global outbreak of an epidemic did have negative impact on the air travel demands in a risk aversion by the users of the aviation services. However, in case of the negative intervention events in limited area, where there are possible substituting destinations for the tourists, the impact was positive in terms of the air travel demands for substituting destinations due to the rational expectation of the users as they searched for other options. Also in this study, it was discovered that there is not a binding correlation between a nation wide mega-event, such as the World Cup games in 2002, and the increased air travel demands over a short-term period.

Numerical Modeling for Cumulative Impact of Automotive Bumper (자동차 범퍼의 누적 충격 평가)

  • Kim, Heon-Young;Choi, Jong-Gil;Kim, Jung-Min;Lee, Kang-Wook;Yeo, Tae-Jung
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.3
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    • pp.29-34
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    • 2007
  • Numerical analyses are carried out to evaluate the cumulative impact damage of an automotive front end bumper under the low speed crash events(CMVSS215) by using explicit code. Results of first impact simulation, which are deformed shape, thickness, stress tensors and strain tensors, are used as the initial conditions for a next impact simulation. Between the events, the residual vibration is damped out by using nodal damping, and then recovery after each event is evaluated by several methods, one of which is a springback analysis with implicite finite element analysis code. The coupled analysis scheme for the evaluation of cumulative impact damage is verified through the comparison with test results.