• Title/Summary/Keyword: National policy

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Optimal Control Policy for Linear-Quadratic Control Problems with Delay and Intermediate State Constraints

  • Chong, Kil-To;Kostyukova, Olga;Kurdina, Mariya
    • International Journal of Control, Automation, and Systems
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    • v.6 no.6
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    • pp.845-858
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    • 2008
  • In this paper, we consider a terminal, linear control system with delay, subject to unknown but bounded disturbances. For this system, we consider the problem of constructing a worst-case optimal feedback control policy, which can be corrected at fixed, intermediate time instants. The policy should guarantee that for all admissible uncertainties the system states are in prescribed neighborhoods of predefined system states, at all fixed, intermediate time instants, and in the neighborhood of a given state at a terminal time instant, and the value of the cost function is the best guaranteed value. Simple explicit rules(which can be easily implemented on-line) for constructing the optimal control policy in the original control problem are derived.

Analyzing the Customers' Intentions of Purchasing Weather Index Insurance (지수형 날씨보험 가입의향에 대한 분석)

  • Park, Ki-Jun;Hwang, Jin-Tae;Cho, Jae-Rin;Kim, Baek-Jo;Kim, In-Gyum
    • Journal of Environmental Science International
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    • v.23 no.2
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    • pp.171-180
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    • 2014
  • This study provides the empirical results of the customers' necessity and intentions of purchasing weather index insurance using survey of asking the customers' recognition about weather insurance. In this article, we discovered that not only the customers' past experience of loss but also the extent of damage and the effects that change in weather would have on their firm are positively related to an intention to purchase weather index insurance. In addition, the level of premiums was significantly higher for the highly-intended group of willing to purchase weather index insurance than the comparison group.

Importance-Satisfaction Analysis for Improvement of Young Farmers Fostering Support Policy (청년 농업인 육성지원제도 개선을 위한 중요도-만족도 분석)

  • Kim, Jin Jin;Lee, So Young
    • Journal of Practical Agriculture & Fisheries Research
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    • v.24 no.2
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    • pp.29-38
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    • 2022
  • The purpose of this study is to understand the importance-satisfaction level for the improvement of the young farmers fostering support policy. According to the analysis result, the respondents answered that the current policy to foster young farmers is important. However, the actual satisfaction level of the project was found to be lower than the importance level. In the 'Keep up the Good Work' area, which is the first quadrant, 'a project to support young succession farmers and settling in farming' and 'a project to select and support succeeding agricultural managers'. It was found that the respondents highly evaluated the importance and satisfaction of the 'Young Succession Farmers Selection and Farm Settlement Support Project' and the 'Succession Farmers Selection and Support Project'. Therefore, it is necessary to gradually expand the project in the future.

On Optimal Burn-in and Maintenance Policy

  • Na, Myung Hwan;Son, Young Nam
    • Communications for Statistical Applications and Methods
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    • v.9 no.3
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    • pp.865-870
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    • 2002
  • Burn-in is a widely used method to eliminate the initial failures. Preventive maintenance policy such as age replacement is often used in field operation. In this paper burn-in and maintenance policy are taken into consideration at the same time. The properties of the corresponding optimal burn-in times and optimal maintenance policy are discussed.

Quantitative Approaches for Agricultural and Rural Policy Evaluation (농업.농촌정책평가를 위한 정량적 분석모형 연구)

  • Lee, Seong-Woo;Yun, Seong-Do
    • Journal of Korean Society of Rural Planning
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    • v.14 no.4
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    • pp.97-108
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    • 2008
  • The present study construct a new technique that can evaluate diverse rural policies, which have been applied to the rural development programs at the village level. The method incorporates spatial econometrics models with a decomposition method that has little been utilized before. We applies the technique to evaluate the rural development programs that have been carried out by the Korea Forest Service and. Korea Rural Development Agency. The technique proved to be quite useful in that the technique efficiently separate the direct effect caused by the government policy from the effect explained by the endowment effect such as regional or area characteristics, and residual effect that cannot be identified by the models. The present study concludes with suggesting more quantitative methods need to be developed to evaluate diverse government policy programs, which enables us to discern correct policy effects.

On the occasion of consultation for the proposed housing estate development projects, the substitutive development method of Agricultural Development Area within the housing estate development projects (택지개발예정지구 지정 협의시 택지개발 지구내 농업진흥지역 대체개발 방안)

  • Lee, Jae-Pyoung;Hur, In-Goo;Nam, Jang-Woo
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2002.10a
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    • pp.77-80
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    • 2002
  • This research was carried out to show the method of preserving high-grade farmland or Agricultural Development Area to contribute to the self-sufficiency of food as well as promotion of industrialization and urbanization, which has reduced 22,000 ha of farmland per year during last 10 years. However, in securing housing estate areas, the farmland conservation policy conflicts with housing supply policy for demands on more comfortable dwelling life for people, which leads to serious situation in Capital Circle of living more than 50 % of total national population. Therefore, this presents the method of fulfillment both the farmland conservation policy for self-sufficiency of food and the housing supply policy for proposition of securable residential areas.

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A Study on the Governmental Policy' Loan of Small Business (소상공인 정책자금의 성과분석 연구)

  • Kim, Soon-Tae;Min, Kyung-Myung;Oh, Sang-Young
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.4
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    • pp.1594-1602
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    • 2012
  • This study has focused on analyzing the changes of increasing sales and potential growth by different scales of support with funds through effect analysis on governmental policy loan. It provided significant findings for the further governmental policy loan since it conducted the performance analysis of different business respectively, which included business with the governmental policy loan and ones without any loan.

OPTIMAL CONTROL OF A QUEUEING SYSTEM WITH $P^M_{\lambda}$-SERVICE POLICY

  • Kim, Sung-Gon;Bae, Jong-Ho
    • East Asian mathematical journal
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    • v.24 no.1
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    • pp.45-55
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    • 2008
  • We consider an M/G/1 queue with $P^M_{\lambda}$-service policy, which is a two-stage service policy. The server starts to serve with rate 1 if a job arrives to the sever in idle state. If the workload of the system upcrosses $\lambda$, then the service rate is changed to M and this rate continues until the system is empty. It costs to change the service rate to M and maintaining the rate. When the expectation of the stationary workload is supposed to be less than a given value, we derive the optimal value of M.

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Using Real Options Pricing to Value Public R&D Investment in the Deep Seabed Manganese Nodule Project

  • Choi, Hyo-Yeon;Kwak, Seung-Jun;Yoo, Seung-Hoon
    • Asian Journal of Innovation and Policy
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    • v.5 no.2
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    • pp.197-207
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    • 2016
  • This paper seeks to measure the monetary value of technical development in the deep seabed manganese nodule mining by applying the compound option model (COM). The COM is appropriate for the project in terms of its decision-making structure and embedded uncertainty. The estimation results show that the deep seabed mining project has more economic potential than shown by the previously obtained results from the discounted cash flow (DCF) analysis. In addition, it is reasonable to invest in the project taking the various uncertainty factors into consideration, because the ratio of the value to the cost of the project is far higher than one. This information can be utilized in national ocean policy decision-making.

GRIs in the United States: Policy Directions Old and New

  • Bozeman, Barry
    • STI Policy Review
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    • v.3 no.1
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    • pp.139-161
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    • 2012
  • The United States National Innovation system has many distinctive aspects and its government research institutes (GRI's) play a variety of important roles within the overall system. This paper reviews issues pertaining to U.S. GRI's but within the broader concept of US science and technology policy. After presenting an overview of the GRI's in this broader context, the paper presents a brief historical analysis of changes in the roles and deployment of U.S. GRI's. After identifying unique features of GRI's (ones that separate the U.S. GRI's from other nations) the paper concludes by identifying the ways in which the U.S. experience may be relevant to other nations such as Korea. The lessons include the competition-cooperation with large-scale and multidisciplinary university research centers, the use of GRI's to promote sharing and efficiencies in fundamental scientific equipment and resources, and the ability of GRI's to accelerate the development of science and technology.