• Journal of Distribution Science
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• v.15 no.11
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• pp.73-82
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• 2017

Purpose - This paper aims to investigate a profit maximizing incentive of foreign traders in distributing the KOSPI 200 Futures. Such an incentive may induce unsophisticated retail traders to suffer loss from speculative trading. Since Korean government increased the entry barriers of the market to protect unsophisticated traders, the market size has been decreasing while the proportion of the contract held by foreign traders has been increasing. These on going changes make the market imperfectly competitive, where a profit maximization incentives of foreign traders are expected to grow. In this paper, we attempt to find any evidence of such behavior, thereby providing implications regarding market policy and market efficiency. Research design, data, and methodology - According to Kyle(1985), an informed trader exploits his/her monopoly power optimally in a dynamic context so that he/she makes positive profit, where he/she could conceal his/her trading utilizing noise trading as camouflage. We apply the KOSPI 200 Futures market to the Kyle's model: foreign traders who take into account the effect of his/her trading to maximize expected profits as an informed trader, retail investors as noise traders, and financial institutions as market makers. To find any evidence of monopolistic behavior, we test the variants of trading volume and price data of the KOSPI 200 Futures over the period of 2009 and 2017. Results - First, we find that the price of the KOSPI 200 Futures are more volatile than the price of underlying asset. Second, we find that monopolistic foreign trader's trading order flows are consistent with exploiting his/her monopoly power to maximize profit. Finally, we find that retail investors' trading order flows are inversely consistent with maximizing profit, that is, uninformed retail investors suffer loss continuously in speculative trading against informed traders. Conclusions - Our results show that the quantity of strategic order flows may have a large effect on the price, therefore, resulting the market inefficiency. The results also imply that, in implementing regulations, the depth of the market must be considered to maintain market liquidity, and suggesting interesting research topics regarding the market structure.

• Safety and Health at Work
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• v.4 no.2
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• pp.77-83
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• 2013

There is still a considerable burden of occupational diseases and injuries in the world. It is not well known which interventions can effectively reduce the exposures at work that cause this burden. The objective of this article is to summarize evidence from systematic reviews of interventions to prevent occupational diseases and injuries. We included systematic reviews of interventions to reduce the incidence of work-related cancer, dust-related diseases, occupational asthma, chronic obstructive pulmonary disease, noise induced hearing loss, back pain, and occupational injuries. We searched Medline and Embase with predefined search strategies to locate systematic reviews of these interventions. We found 23 systematic reviews of which the results are also applicable to low- and middle income countries. Effective measures to reduce exposure leading to work-related cancer, dust-related diseases, asthma, chronic obstructive pulmonary disease, noise, and injuries are available. However, better implementation of these measures is needed. Regulation, enforcement of regulation, and incentives for employers are effective interventions to achieve this goal. There is evidence that feedback and rewards for workers help in reducing occupational injuries. There is no evidence in many studies that back pain can be prevented. Personal protective equipment technically has the potential to reduce exposure but this is difficult to put into effect. There is no evidence in the studies regarding the effectiveness of education and training, preventive drugs, or health examinations. There is evidence that the implementation of technical measures enforced by regulation can prevent occupational diseases and injuries. For other interventions such as education or health examinations, there is no evidence that supports their effectiveness. More systematic reviews are needed in the area of injury prevention.

• Journal of Digital Convergence
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• v.12 no.11
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• pp.309-316
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• 2014

In this paper, we propose an efficient detph map creation method using Graph Cut and Discrete Wavelet Transform. First, we have segmented the original image by using Graph Cut to process with its each areas. After that, the information which describes segmented areas of original image have been created by proposed labeling method for segmented areas. And then, we have created four subbands which contain the original image's frequency information. Finally, the depth map have been created by frequency map which made with HH, HL subbands and depth information calculation along the each segmented areas. The proposed method can perform efficient depth map creation process because of dynamic allocation using depth information. We also have tested the proposed method using PSNR(Peak Signal to Noise Ratio) method to evaluate ours.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.32 no.9A
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• pp.905-915
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• 2007

This paper proposes a filter-based algorithm to adaptively adjust the contention window in IEEE 802.11 DCF. The proposed mechanism is focused on the general and realistic environments that have various conditions regarding to noise, media types and network load. For this flexible adaptation, Filter-based DCF(FDCF) takes a more realistic policy such as median filter concept in the image processing technologies. We can handle these various environments by adjusting the contention window size according to the result of filtering based on history-buffer. We can ignore temporarily and randomly occurred transmission failures due to noise errors and collisions in noisy environments. In addition, by changing the reference number and history-buffer size, FDCF can be extended as a general solution including previous proposed mechanism. We have confirmed that the proposed mechanism can achieve the better performance than those of previous researches in aspects of the throughput and the delay in the realistic environments.

• Journal of Digital Convergence
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• v.19 no.12
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• pp.339-345
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• 2021

In this paper, estimation angle performance analysis of amplitude-comparison monopulse radar under additive noise effect is dealt with. When uncorrelated white noises are added to the squinted beams, the angle estimation performance is analyzed through the mean square error(MSE). The numerical integration-based mean square error result completely overlaps the Monte Carlo-based mean square error result, which corresponds to 99.8% of the Monte Carlo-based mean square error result. In addition, the mean square error analysis method based on numerical integration has a much faster operation time than the mean square error method based on Monte Carlo. the angle estimation performance of the amplitude comparison monopulse radar can be efficiently analyzed in various noise environments through the proposed numerical integration-based mean square error method.

• Journal of Korean Society of Transportation
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• v.25 no.6
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• pp.89-97
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• 2007

The car-dependent traffic system based on highly advanced industrialization and economic growth causes various urban problems including traffic jams, energy consumption, air pollution, noise, car accidents and other issues. Particularly in urban areas, air pollution from motor vehicles is worse than pollution from past industrialization. In this study, therefore, the authors grasped car exhaust reduction effects by using microsimulation and those traffic policies that could make cars flow smoothly, reducing the air pollution in urban areas through analysis on profitability. As a result, the weekday-based car using system has been found most effective as it does not need investment cost. However, this system may be socially unacceptable, as it requires the government to change driver behavior. Therefore, the government needs to first reach a consensus with the citizens regarding this system. This system will also be effective with other alternatives. As a follow-up study, the authors will research citizens' perceived impacts of car exhaust on air pollution through a study on preference and grasp the possibility of applying these study results to real traffic policies.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.19 no.8
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• pp.1959-1964
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• 2015

This research was focused on the analysis of navigation parameters from the received L1, C/A signal of the recent GPS, which has advanced with the SA policy change and the GPS modernization policy by the United States. It was done as a first step study for a comprehensive analysis on the multiple satellite navigation systems which will be adding or separating GPS signal. In particular, the statistical analysis on the GDOP change and positional accuracy based on the geocentric and spherical coordinate systems were investigated with carrier- to-noise ratio and the satellite geometry, The obtained GDOP values of HDOP, PDOP, VDOP are 0.5, 1.2, and 1.1, respectively in deviation. In addition, the positioning accuracies with these GDOP values were analyzed in the ellipsoidal and ECEF coordinates.

• Journal of Digital Policy
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• v.3 no.1
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• pp.27-32
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• 2024

In this paper, proposes a super resolution method that enhances the quality of results by refining texture features, contrasting each, and utilizing the results as weights. For the improvement of quality, a precise and clear restoration result in details such as boundary areas is crucial in super resolution, along with minimizing unnecessary artifacts like noise. The proposed method constructs a residual block structure with multiple paths and skip-connections for feature estimation in conventional Convolutional Neural Network (CNN)-based super resolution methods to enhance quality. Additional learning is performed for sharpened and blurred image results for further texture analysis. By contrasting each super resolution result and allocating weights through this process, the proposed method achieves improved quality in detailed and smoothed areas of the image. The experimental results of the proposed method, evaluated using the PSNR and SSIM values as quality metrics, show higher results compared to existing algorithms, confirming the enhancement in quality.

• The Korean Journal of Air & Space Law and Policy
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• v.33 no.1
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• pp.45-79
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• 2018

An increase of airplanes and military aircraft operation lead to significant demanding of residential claims by people who live in nearby airports and military bases due to noise, vibration and residential damages caused by aircraft operations. In recent years, a plaintiff has filed a lawsuit against the defendant, claiming the prohibition of using claimant's possessed land as a helicopter landing route, and the Daejeon High Court was in favour of the plaintiff. Although the Supreme Court later dismissed the Appeal Court decision, it is necessary to discuss the case of setting flight prohibited zone. In Japan, the airport noise lawsuits have been filed for a long time, mainly by environmental groups. Unlike the case that admitted residential damages caused by noise, the Yokohama District Court for the first time sentenced a judgment of the prohibition of the flight. This ruling was partially changed in the appellate court and some of the plaintiffs' claims were adopted. However, the Supreme Court of Japan finally rejected such decision from appeal and district courts. Atsugi Base is an army camp jointly used by the United States and Japan, and residents, live nearby, claim that they are suffering from mental damage such as physical abnormal, insomnia, and life disturbance because of the noise from airplane taking off and landing in the base. An administrative lawsuit was therefore preceded in the Yokohama District Court. The plaintiff requested the Japan Self-Defense Forces(hereinafter 'JSDF') and US military aircraft to be prohibited operating. The court firstly held the limitation of the flight operation from 10pm to 6am, except unavoidable circumstance. The case was appealed. The Supreme Court of Japan dismissed the original judgment on the flight claim of the JSDF aircraft, canceled the first judgment, and rejected the claims of the plaintiffs. The Supreme Court ruled that the exercise of the authority of the Minister of Defense is reasonable since the JSDF aircraft is operating public flight high zone. The court agreed that noise pollution is such an issue for the residents but there are countermeasures which can be taken by concerned parties. In Korea, the residents can sue against the United States or the Republic of Korea or the Ministry of National Defense for the prohibition of the aircraft operation. However, if they claim against US government regarding to the US military flight operation, the Korean court must issue a dismissal order as its jurisdiction exemption. According to the current case law, the Korean courts do not allow a claimant to appeal for the performance of obligation or an anonymous appeal against the Minister of National Defense for prohibiting flight of military aircraft. However, if the Administrative Appeals Act is amended and obligatory performance litigation is introduced, the claim to the Minister of National Defense can be permitted. In order to judge administrative case of the military aircraft operation, trade-off between interests of the residents and difficulties of the third parties should be measured in the court, if the Act is changed and such claims are granted. In this connection, the Minister of National Defense ought to prove and illuminate the profit from the military aircraft operation and it should be significantly greater than the benefits which neighboring residents will get from the prohibiting flight of military aircraft.

• Korean Journal of Construction Engineering and Management
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• v.23 no.6
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• pp.111-118
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• 2022

Recently, as underground facilities buried under roads in Korea are aging, the amount of underground facility maintenance work is rapidly increasing. For the maintenance and management of such underground facilities, the cutting work of the road pavement should be preceded. However, the conventional road pavement cutters used in Korea are not eco-friendly, and the reality is that they generate a lot of noise and cutting sludge (scattering dust). Therefore, in this study, the concept of the cutting sludge recovery device was derived, and an eco-friendly pavement cutter including this function was designed and manufactured. The developed equipment took about 20 to 30 seconds to cut 1m to a depth of 100 to 150mm. Also, the sludge suction performance was good in most sections, and the noise level of the equipment briefly measured at a distance of 2m was 82.7dB on average. However, due to the limitation that the developed equipment was at the level of the first prototype, the driving stability was somewhat low, and equipment abnormalities such as engine shutdown and sludge recovery performance decreased in some cases. The cutting performance and sludge recovery function will be more stable through tuning and improvement of the developed prototype in the future. In addition, we plan to quantitatively compare and analyze productivity by applying the improved prototype to actual field conditions.