• Management Science and Financial Engineering
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• v.10 no.2
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• pp.53-71
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• 2004

In this study, a mathematical model that shows the optimal payout policy is developed. The model is new and unique in the sense that not only continuous-time framework is used, but also both partial differential equation (PDE) and real-option approach are utilized in the derivation of optimal payouts for the first time. In the model building, non-linear demand curve for dividend payouts in the competitive capital markets is assumed. From the sensitivity analysis using traditional comparative static analysis, some useful managerial implications which are consistent with famous previous studies are derived under realistic conditions. All results in this study, however, are valid under the assumption that the opportunity costs follow geometric Brownian motion, which is widely used in economic science and finance literature.

• Proceedings of the Korea Concrete Institute Conference
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• 2003.11a
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• pp.604-607
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• 2003

Recently, hybrid concrete structures such as a concrete-filled steel tubular(CFT), a steel reinforced concrete(SRC) and a composite material are popular in structure applications. They also have merit of high strength, high ductility, and large energy absorption capacity. But the analysis of hybrid concrete structures is very difficult owing to the complex behavior of concrete under passive confinement. This paper has analyzed CFT, which receives passive confinement using Tri-Surface concrete model for three dimension finite element analysis. By the result of that, the proposed model was properly forecasted a concrete behavior that receives passive restraint as well as non-linear analysis of concrete which receive uniaxial stress and high active confinement of 400Mpa. If the model through the steady study is set up especially on the factor of concrete under passive confinement, the proposed concrete model will be surely useful for analysis of the hybrid concrete structures.

• Journal of the Korean Institute of Telematics and Electronics S
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• v.34S no.1
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• pp.54-64
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• 1997

In this paper, a method of dynamic modeling and a dynamic control of a mobile robot are presented to show the superiority of the dynamic control comparing to the PD control. This dynamic model is derived from the cartesian coordinates using lagrange equations. Based upon the derived dynamic model, we implemented the dynamic control of the mobile robot using the computed torque method. Time varying non-linear friction terms are not incroporated in this dynamic model. Instead, those are considered as disturbances. This uncertainty in dynamic model of mobile robot is compensated by the outer loop controller using PD algorithm. The validity of this model and the control algorithm are confirmed through the experiments, where the dynamic control algorithm demonstrated robust velocity tracking performance against the unmodeled non-linear frictions. The superiority of this algorithm is demonstrated by comparing to classical PD control algorithm.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.11 no.5
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• pp.48-53
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• 2012

A non-linear vehicle model and an observer are designed to observe the yaw rate and the body side slip angle when a vehicle is turning maneuver in this study. The developed vehicle model is a full car model and has fourteen degree of freedom. A Luenberg observer is applied to develop the observer. The vehicle model is validated with a reference result and shows good accordance. The observer is tested on dry asphalt, wet asphalt and snow paved road. The results prove the performance of observer is robust and reliable.

• Geomechanics and Engineering
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• v.13 no.5
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• pp.743-756
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• 2017

Laboratory investigation reveals that rockfills exhibit significant stress-path-dependent behavior during shearing, therefore realistic prediction of deformation of rockfill structures requires suitable constitutive models to properly reproduce such behavior. This paper evaluates the capability of a strain hardening model proposed by the authors, by comparing simulation results with large-scale triaxial stress-path test results. Despite of its simplicity, the model can simulate essential aspects of the shear behavior of rockfills, including the non-linear stress-strain relationship, the stress-dependence of the stiffness, the non-linear strength behavior, and the shearing contraction and dilatancy. More importantly, the model is shown to predict the markedly different stress-strain and volumetric behavior along various loading paths with fair accuracy. All parameters required for the model can be derived entirely from the results of conventional large triaxial tests with constant confining pressures.

• Earthquakes and Structures
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• v.10 no.3
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• pp.629-643
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• 2016

Among all the natural disasters, earthquakes are the most destructive calamities since they cause a plenty of injuries and economic losses leaving behind a series of signs of panic. The present study highlights the moment-curvature relationships for the structural elements such as beam and column elements and Non-Linear Static Pushover Analysis of RC frame structures since it is a very simplified procedure of non-linear static analysis. The highly popular model namely Mander's model and Kent and Park model are considered and then, seismic risk evaluation of RC building has been conducted using SAP 2000 version 17 treating uncertainty in strength as a parameter. From the obtained capacity and demand curves, the performance level of the structure has been defined. The seismic fragility curves were developed for the variations in the material strength and damage state threshold are calculated. Also the comparison of experimental and analytical results has been conducted.

• Communications for Statistical Applications and Methods
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• v.26 no.3
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• pp.273-293
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• 2019

We consider the problem of model selection in multiple linear regression with outliers and non-normal error distributions. In this article, the robust model selection criterion is proposed based on the robust estimation method with the least absolute deviation (LAD). The proposed criterion is shown to be consistent. We suggest proposed criterion based algorithms that are suitable for a large number of predictors in the model. These algorithms select only relevant predictor variables with probability one for large sample sizes. An exhaustive simulation study shows that the criterion performs well. However, the proposed criterion is applied to a real data set to examine its applicability. The simulation results show the proficiency of algorithms in the presence of outliers, non-normal distribution, and multicollinearity.

• Computers and Concrete
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• v.18 no.2
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• pp.179-199
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• 2016

The aim of this study is to investigate arrival direction effects of travelling waves on non-linear seismic response of arch dams. It is evident that the seismic waves may reach on the dam site from any direction. Therefore, this study considers the seismic waves arrive to the dam site with different angles, ${\theta}=0^{\circ}$, $15^{\circ}$, $30^{\circ}$, $45^{\circ}$, $60^{\circ}$, $75^{\circ}$, and $90^{\circ}$ for non-linear analysis of arch dam-water-foundation interaction system. The N-S, E-W and vertical component of the Erzincan earthquake, on March 13, 1992, is used as the ground motion. Dam-water-foundation interaction is defined by Lagrangian approach in which a step-by-step integration technique is employed. The stress-strain behavior of the dam concrete is idealized using three-dimensional Drucker-Prager model based on associated flow rule assumption. The program NONSAP is employed in response calculations. The time-history of crest displacements and stresses of the dam are presented. The results obtained from non-linear analyses are compared with that of linear analyses.

• Journal of Hydrogen and New Energy
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• v.26 no.3
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• pp.294-299
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• 2015

Free piston linear engine (FPLE) is a promising concept being explored in the mid-20th century. On the other hand, Arficial neural networks (ANNs) are non-linear computer algorithms and can model the behavior of complicated non-linear processes. Some researchers already studied this method to predict internal combustion engine characteristics. However, no investigation to predict the performance of a FPLE using ANN approach appears to have been published in the literature to date. In this study, the ability of an artificial neural network model, using a back propagation learning algorithm has been used to predict the in-cylinder pressure, frequency, maximum stroke length of a free piston linear engine. It is advised that, well-trained neural network models can provide fast and consistent results, making it an easy-to-use tool in preliminary studies for such thermal engineering problems.

• Proceedings of the Korean Geotechical Society Conference
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• 2005.03a
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• pp.1159-1166
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• 2005

In the present study, a series of laboratory tests with sands of different silt contents, are conducted and methods to assess non-linear behaviors based on in-situ test results are proposed. Modified hyperbolic stress-strain model is used to analyze non-linearity of silty sands in terms of non-linear degradation parameters f and g as a function of silt contents and relative density $D_R$. Stress-strain relationship results were obtained from a series of triaxial tests on sands containing different amounts of silt. Initial shear modulus which was applied to normalize modulus degradation of silty sands were determined based on the resonant column test results. From the laboratory test results, it was observed that, as the relative density increases, values of f decrease and those of g increase. Cone resistance $q_c$ for silty soil condition used in the triaxial tests were estimated based on the cavity expansion analysis. A suggestion to make an estimation of degradation parameters f and g as a function of fine contents is addressed in terms of cone resistance $q_c$ .