• Title/Summary/Keyword: Risk Price

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The Current Status and the Prospects of Wind Energy (풍력발전기술의 현황과 전망)

  • Jang, Moon-Seok;Bang, Hyung-Joon
    • Journal of Environmental Science International
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    • v.18 no.8
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    • pp.933-940
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    • 2009
  • Recently, wind power generation is an emerging industry expanding its market rapidly thanks to the increasing need to solve the scarcity of fossil fuels and the risk of potential global warming. Wind power generation has shown to be an effective response plan to global warming, showing the most price competitiveness among the renewable energy sources by its higher efficiency. Therefore wind energy has attracted considerable attention as the industrial growth drive for the next generation. Considering Korea's high dependence of overseas energy resources, the importance of wind power is growing as the most effective alternative energy source to ensure energy security as well as becoming a key strategic industry for exports. In this study, the social and economic effects of the wind power industry is discussed and the current status and the future prospects of the wind energy market is also examined.

Innovating Software Acquisition and Pricing: Improved Process and Technique (정보화 사업 가격책정 방식 혁신에 대한 고찰)

  • Yu, David Jae-Hoon;Hwang, In-Soo
    • 한국IT서비스학회:학술대회논문집
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    • 2007.11a
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    • pp.485-492
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    • 2007
  • 정보화 사업에서 발생할 수 있는 위험(Risk)은 다양하다. 정보화 사업 관련 위험 요인 중 가장 대표적이고 보편적인 것은 발주 및 제안단계에서 발주자가 가진 요구사항의 불명확을 꼽을 수 있는데, 이로 인해 정보화 사업 수행 도중 요구범위 증가와 변경, 그리고 사업원가 구조의 악성화가 발생하게 됨은 자명하다. 그러나 안타까운 현실은 그 동안 우리나라 정보화 사업의 관행이 요구사항 불명확이라는 잠재적 위험 아래에서도 발주자와 사업자 간의 계약이 보호장치가 미흡한 확정가(firm fixed price) 방식으로 수립되어 왔다는 것이다. 확정가로 계약이 수립될 경우 사업자는 발주자의 요구사항 불명확으로 인해 파생된 원가 위험까지 불합리하게 책임져야 하는 고리에 묶이게 된다. 이러한 문제를 본질적으로 해결하는 한가지 방법은 발주자와 사업자간의 정보화 사업 획득 절차를 혁신하는 것인데, 본 논문은 이를 위해 가칭, 한국형 정보화 산업 활성화 획득 절차(KIPAP: Korea If Proliferation Acquisition Process)의 기본 개념을 고안하여 소개한다. 이 획득 절차는 정보화 사업이 내재하고 있는 요구사항의 불확실성을 계량화, 가시화하여, 그 정도에 따라 차등화된 계약방식의 선정방법 을 제시한다.

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The Development of Cloud Computing-Based Integrated EHS Management System for the Construction Companies (클라우드 컴퓨팅 기반 건설사용 EHS 통합관리시스템 개발)

  • Seo, Kwang-Kyu
    • Proceedings of the KAIS Fall Conference
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    • 2010.11b
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    • pp.859-861
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    • 2010
  • The construction companies are facing potential EHS(Environment, Health & Safety) of major accidents to cause casualties or a financial loss and increasing social responsibility. So, they have to voluntarily accomplish the EHS management system rather than passively with regard to EHS regulation. In this study, the integrated EHS management system is developed based on cloud computing, and construction companies are to materialize self-regulation EHS process of construction workplace and to standardize the total EHS business process using the developed system. The proposed system also provides risk analysis, education/control and continuous improvement for EHS tasks and users can easily access the system on the web at a low price through cloud computing service. Eventually, the integrated system contributes to the managerial improvement by minimizing economic and physical loss caused by construction accidents.

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The Effect of Price Discount and Perceived Risk on the Impulsive Purchase Intention in the context of Social Commerce (소셜커머스에서 가격할인과 지각된 위험이 소비자 충동구매에 미치는 영향 -상품 사용후기의 조절효과를 중심으로-)

  • Qian, Chen;Bang, Joung-Hae;Kim, Min-Sun
    • Proceedings of the KAIS Fall Conference
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    • 2012.05a
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    • pp.304-306
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    • 2012
  • 최근 들어 온라인 쇼핑몰과 SNS(Social Network Service)가 결합한 새로운 쇼핑방식인 소셜쇼핑(social shopping)과 소셜커머스(social commerce)가 핫이슈가 되었다. 소셜커머스는 이전에 존재하지 않던 수요를 창출해 낼 수 있다는 점에서 공동구매와는 전혀 다른 새로운 상거래방식이다. 소셜커머스는 50% 이상의 가격할인율과 특정 거래조건(품목, 거래가능 시간, 사용기간, 물량 등)의 제약을 통해 관심의 경제(economy of attention)를 극대화한 수익모델이라 할 수 있다. 본 연구에서는 소셜커머스에서 가격할인과 소비자들의 제품에 대한 지각된 위험은 충동구매에 어떤 영향을 미치는지에 대해서 검토하고자 하였다.

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Simulation of Autonomous Electric Power Market

  • Tezuka, Tetsuo;Kohda, Norio
    • Proceedings of the Korea Society for Simulation Conference
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    • 2001.10a
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    • pp.340-345
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    • 2001
  • Electric power market in Japan is now on the trend of deregulation and privatization just like in Europe and the United States. And various approaches for risk management have been investigated taking the electric power price fluctuation after the deregulation into account. The behavior of the investment in power generation plants has not, however, been studied in detail yet due to the complexity of the problem. The problem of the investment in the deregulated power market is that of autonomous decentralized decision-making system, which includes various kinds of decision-makers, that is, power producers called IPPS Each generator has its own criteria for plant investment. Therefore, the total behavior of the decentralized power market will be so complicated, and normative approach will not be applicable fur this analysis. We have developed a simulation-based system fur behavioral analysis and also the framework design of the decentralized power market.

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A Study on Design of Mix Proportion for Concrete using Recycled Aggregate (순환골재를 이용한 콘크리트의 배합설계에 관한 연구)

  • Park, Won-Jun;Noguchi, Takafumi
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.101-103
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    • 2011
  • Various desired performances of concrete cannot be always obtained by current conventional mix proportion methods for recycled aggregate concrete (RAC). This paper suggests a new design method of mix proportion for RAC to reduce the number of trial mixes using genetic algorithm (GA) which has been an optimization technique to solve the multi-object problem. In mix design method by GA, several fitness functions for the required properties of concrete, i.e., slump, strength, price, and carbonation speed coefficient were considered based on conventional data or fitness function. As a result, various optimum mix proportions for RAC that meet required performances were obtained and the risk evaluation was also conducted for selected mixtures.

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The Framework Development of Cloud Computing-based Integrated EHS Management System for Small and Medium Construction Companies (중소건설사를 위한 클라우드 컴퓨팅 기반 EHS 통합관리시스템 프레임워크 개발)

  • Seo, Kwang-Kyu
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.139-143
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    • 2010
  • The small and medium construction companies are facing potential EHS(Environment, Health & Safety) of major accidents to cause casualties or a financial loss and increasing social responsibility. So, they have to voluntarily accomplish the EHS management system rather than passively with regard to EHS regulation. In this study, the framework of integrated EHS management system is developed based on cloud computing, and construction companies are to materialize self-regulation EHS process of construction workplace and to standardize the total EHS business process using the developed system. The proposed system also provides risk analysis, education/control and continuous improvement for EHS tasks and users can easily access the system on the web at a low price through cloud computing service. Eventually, the integrated system contributes to the managerial improvement by minimizing economic and physical loss caused by construction accidents.

Internal and External Characteristics of Information Security Officers Affecting Organization's Information Security Performance (조직 정보보호성과에 영향을 미치는 정보보호담당임원의 내·외적 특성)

  • Oh, Ha-Kyeong;Kim, Tae-Sung
    • Journal of Information Technology Applications and Management
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    • v.27 no.4
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    • pp.1-19
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    • 2020
  • Infringement of information security has caused the corporate image to be damaged and share price to fall, and it is emerging as an organizational risk. The value of information assets in enterprises has led to a higher level of security than in the past. As a result, companies are aware of the need for officers to protect information and to oversee a security management system. However, despite the growing importance of information security officers, there is a lack of research on their roles and characteristics. This study validates the relationship between determinants that affect the performance of information security. And a structural equation model was presented and empirically analyzed to see the impact of the internal and external characteristics of the staff in charge of information security on the organization's information security performance.

Warranties for Products with Varying Usage Intensity

  • Kim, Jae Soong;Kim, Ji Sung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.24 no.64
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    • pp.29-38
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    • 2001
  • Most warranty studies assume that the usage intensity is the same for all buyers. However, in real life the usage intensity varies across the population of buyers. In the general case, one can divide the population into $\kappa$ categories. This has implications for manufacturers of products. Should a manufacturer produce one product and offer different warranties for the $\kappa$ groups or produce different products (one for each group) and offer the same warranty. A warranty cost analysis is needed to choose between these options. The analysis complicated by factors such as adverse selection , buyers attitude to risk and the price structure. In this paper we develop models to study the expected warranty cost for products with free replacement warranty with varying usage intensity. Numerical examples are presented.

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Option Strategies: An Analysis of Naked Put Writing

  • Lekvin Brent J.;Tiwari Ashish
    • The Korean Journal of Financial Studies
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    • v.3 no.2
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    • pp.329-364
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    • 1996
  • Writing naked put options is a strategy employed either as a speculation to capture premium income, or as a method of placing a limit order to buy the underlying at the strike price in return for premium received. Using a Monte Carlo simulation, twenty thousand equity prices are generated under known volatility and return parameters. A binomial tree is constructed using the same volatility and return parameters. Put options on these 'equities' are valued with the binomial methodology. The performance of various put writing strategies is evaluated on a risk-adjusted basis. Evidence presented suggests that the judicious use of put options may enhance returns during portfolio construction.

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