• Asia-Pacific Journal of Business
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• v.15 no.1
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• pp.145-157
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• 2024

Purpose - In this study, we propose an empirical model for predicting seasoned equity offering (SEO here after) using machine learning methods. Design/methodology/approach - The models utilize the random forest method based on decision trees that considers non-linear relationships, as well as the gradient boosting tree model. SEOs incur significant direct and indirect costs. Therefore, CEOs' decisions of seasoned equity issuances are made only when the benefits outweigh the costs, which leads to a non-linear relationship between SEOs and a determinant of them. Particularly, a variable related to market timing effectively exhibit such non-linear relations. Findings - To account for these non-linear relationships, we hypothesize that decision tree-based random forest and gradient boosting tree models are more suitable than the linear methodologies due to the non-linear relations. The results of this study support this hypothesis. Research implications or Originality - We expect that our findings can provide meaningful information to investors and policy makers by classifying companies to undergo SEOs.

• Structural Engineering and Mechanics
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• v.85 no.4
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• pp.545-562
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• 2023

In this work, superharmonic and subharmonic resonance of rotating stiffened FGM truncated conical shells exposed to harmonic excitation in a thermal environment is investigated. Utilizing classical shell theory considering Coriolis acceleration and the centrifugal force, the governing equations are extracted. Non-linear model is formulated employing the von Kármán non-linear relations. In this study, to model the stiffener effects the smeared stiffened technique is utilized. The non-linear partial differential equations are discretized into non-linear ordinary differential equations by applying Galerkin's method. The method of multiple scales is utilized to examine the non-linear superharmonic and subharmonic resonances behavior of the conical shells. In this regard, the effects of the rotating speed of the shell on the frequency response plot are investigated. Also, the effects of different semi-vertex angles, force amplitude, volume-fraction index, and temperature variations on the frequency-response graph are examined for different rotating speeds of the stiffened FGM truncated conical shells.

• Proceedings of the KIEE Conference
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• 2008.04c
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• pp.89-91
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• 2008

This paper deals with the thrust calculations and the measurements of a cylindrical Linear Oscillatory Actuator (LOA) sing Transfer Relations Theorem (TRT), namely, Melcher's methodology. Using transfer relations derived in terms of a magnetic vector potential and a two-dimensional (2-d) cylindrical coordinate system, this paper derives analytical solutions for the magnetic vector potential, magnetic fields due to Permanent Magnets (PMs) and stator winding currents and the thrust. The analytical results are validated by non-linear Finite Element (FE) analyses. In particular, test results such as thrust and back-emf measurements are given to confirm the analysis.

• The Bulletin of The Korean Astronomical Society
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• v.40 no.2
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• pp.48.3-49
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• 2015

Scaling relations of early-type galaxies (ETG) provide a deep insight into their formation and evolution. Interestingly enough, most relations extending into the dwarf regimes display non-linear or broken-linear features, unlike the linear relations for normal (i.e., intermediate-mass to giant) ETGs only. Here we investigate the mass-size scaling relation of ETGs using a massive database of galaxies from SDSS DR12. We divide ETGs into two groups by the indication of star formation such as colors, and examine their distinction along the mass-size relation. We find that the mass-size distribution of blue, young normal galaxies is in good agreement with that of dwarf ETGs. Our result suggests that blue, young normal ETGs may serve as links between (passive) normal ETGs and dwarfs. We discuss the possibility of blue, young ETGs being progenitors of dwarf ETGs.

• Structural Engineering and Mechanics
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• v.18 no.2
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• pp.211-229
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• 2004

The main purpose of this paper is the numerical analysis of the non-linear seismic response of a RC building mock-up. The mock-up is subjected to different synthetic horizontal seismic excitations. The numerical approach is based on a 3D-model involving multilayered shell elements. These elements are composed of several single-layer membranes with various eccentricities. Bending effects are included through these eccentricities. Basic equations are first written for a single membrane element with its own eccentricity and then generalised to the multilayered shell element by superposition. The multilayered shell is considered as a classical shell element : all information about non-linear constitutive relations are investigated at the local scale of each layer, whereas balance and kinematics are checked afterwards at global scale. The non-linear dynamic response of the building is computed with Newmark algorithm. The numerical dynamic results (blind simulations) are considered in the linear and non linear cases and compared with experimental results from shaking table tests. Multilayered shell elements are found to be a promising tool for predictive computations of RC structures behaviour under 3D seismic loadings. This study was part of the CAMUS International Benchmark.

• International Journal of Highway Engineering
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• v.14 no.6
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• pp.121-129
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• 2012

PURPOSES : Traffic accidents at intersections have been increased annually so that it is required to examine the causations to reduce the accidents. However, the current existing accident models were developed mainly with non-linear regression models such as Poisson methods. These non-linear regression methods lack to reveal complicated causations for traffic accidents, though they are right choices to study randomness and non-linearity of accidents. Therefore, to reveal the complicated causations of traffic accidents, this study used structural equation methods(SEM). METHODS : SEM used in this study is a statistical technique for estimating causal relations using a combination of statistical data and qualitative causal assumptions. SEM allow exploratory modeling, meaning they are suited to theory development. The method is tested against the obtained measurement data to determine how well the model fits the data. Among the strengths of SEM is the ability to construct latent variables: variables which are not measured directly, but are estimated in the model from several measured variables. This allows the modeler to explicitly capture the unreliability of measurement in the model, which allows the structural relations between latent variables to be accurately estimated. RESULTS : The study results showed that causal factors could be grouped into 3. Factor 1 includes traffic variables, and Factor 2 contains turning traffic variables. Factor 3 consists of other road element variables such as speed limits or signal cycles. CONCLUSIONS : Non-linear regression models can be used to develop accident predictions models. However, they lack to estimate causal factors, because they select only few significant variables to raise the accuracy of the model performance. Compared to the regressions, SEM has merits to estimate causal factors affecting accidents, because it allows the structural relations between latent variables. Therefore, this study used SEM to estimate causal factors affecting accident at urban signalized intersections.

• Journal of the Korea Safety Management & Science
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• v.8 no.4
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• pp.167-180
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• 2006

The ANP(Analytic Network Process), though based on the AHP(Analytic Hierarchy Process), is a system for the analysis, synthesis, and justification of complex decisions with the capability to model non-linear relations between the elements. ANP allows the decision makers to leap beyond the traditional hierarchy to the interdependent environment of network modeling. The ANP is designed for problems characterized by the added complexity of interdependencies such as feedback and dependencies among problem elements. Using a network approach makes it possible to represent and analyze interactions, incorporate non-linear relations between the elements, and synthesize mutual effects by a single logical procedure. This study intends to evaluate the contribution of technology in intangible assets by the AHP and ANP.

• Computers and Concrete
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• v.22 no.2
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• pp.227-237
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• 2018

Today, the modeling of concrete as a material within finite element simulations is predominantly done through nonlinear material models of concrete. In current sophisticated computational systems, there are a number of complex concrete material models which are based on theory of plasticity, damage mechanics, linear or nonlinear fracture mechanics or combinations of those theories. These models often include very complex constitutive relations which are suitable for the modeling of practically any continuum mechanics tasks. However, the usability of these models is very often limited by their parameters, whose values must be defined for the proper realization of appropriate constitutive relations. Determination of the material parameter values is very complicated in most material models. This is mainly due to the non-physical nature of most parameters, and also the large number of them that are frequently involved. In such cases, the designer cannot make practical use of the models without having to employ the complex inverse parameter identification process. In continuum mechanics, however, there are also constitutive relations that require the definition of a relatively small number of parameters which are predominantly of a physical nature and which describe the behavior of concrete very well within a particular task. This paper presents an example of such constitutive relations which have the potential for implementation and application in finite element systems. Specifically, constitutive relations for modeling the plane stress state of concrete are presented and subsequently tested and evaluated in this paper. The relations are based on the incremental theory of elastic strain-hardening plasticity in which a non-associated flow rule is used. The calculation result for the case of concrete under uniaxial compression is compared with the experimental data for the purpose of the validation of the constitutive relations used.

• Publications of The Korean Astronomical Society
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• v.30 no.2
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• pp.261-263
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• 2015

The metallicity distribution of globular clusters (GCs) provides a crucial clue for the star formation history of their host galaxy. With the assumption that GCs are generally old, GC colors have been used as a proxy for GC metallicities. Bimodal color distributions of GCs observed in most large galaxies have, for decades, been interpreted as bimodal metallicity distributions, indicating the presence of two populations within a galaxy. However, the conventional view has been challenged by a new theory that non-linear GC color-metallicity relations can cause a bimodal color distribution even from a single-peaked metallicity distribution. Using photometric and spectroscopic data of NGC 5128 GCs in combination with stellar population simulation models, we examine the effect of non-linearity in GC color-metallicity relations on transformation of the color distributions into the metallicity distributions. Although in some colors offsets are present between observations and models for the color-metallicity relations, their overall shape agrees well for various colors. After the offsets are corrected, the observed spectroscopic metallicity distribution is well reproduced via modeled color-metallicity relations from various color distributions having different morphologies. We discuss the implications of our results.

• Proceedings of the KSME Conference
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• 2001.06b
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• pp.513-518
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• 2001

This research has been performed to estimate the hunting motion hysteresis of railway passenger cars. An old and a new car with almost same structure are chosen as analysis models. To solve effectively a set of simultaneous equations of motion strongly coupled with creep relations, shooting algorithm in which the nonlinear relations are regarded as a two-point boundary value problem is adopted. The bifurcation theory is applied to the dynamic analysis to distinguish differences between linear and nonlinear critical speeds by variation of parameters. It is found that there are some factors and their operation area to make nonlinear critical speed respond to them more sensitivity than linear critical speed. Full-scale roller rig tests are carried out for the validation of the numerical results. Finally, it is concluded that the wear of wheel profile and the stiffness discontinuities of wheelset suspension caused by deterioration have to be considered in the analysis to predict hysteresis of critical speed precisely.