• The Journal of Asian Finance, Economics and Business
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• v.7 no.3
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• pp.101-113
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• 2020

The study aims to investigate the existence of overconfidence bias in Vietnam, Thailand, and Singapore. This paper focuses on the Vietnam Stock Market and other two countries of ASEAN, namely Singapore and Thailand. Data was collected over the period from January 1, 2014 to December 31, 2018, daily returns for each of the securities. This paper uses the time series method, namely ADF test, Granger Causality and VAR approach to find evidences of the overconfidence effect in Vietnam in relation to some ASEAN markets. The results show similarities between the observed countries with slight variations, with focus on Vietnam market. In general concrete evidences of overconfidence were found in both Vietnamese and Singaporean markets, in which Singaporean investors show higher degree of overconfidence than Vietnamese investors. Overconfidence is not as clear in Thai market, however a direct causal link from increased returns to increased investor confidence was found. From the model deployed in the paper, there are reasons to conclude that Thai investors are under-confident. The findings of the study shed lights into the existence of overconfidence bias in Vietnam, Thailand, and Singapore on a comparative basis, provide more insights and implications for future research in this new and rising field of research.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.51 no.2
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• pp.60-67
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• 2002

This paper presents a control approach for designing a self tuning fuzzy controller for a synchronous generator excitation and SVC system. A combination of thyristor-controlled reactors and fixed capacitors (TCR-FC) type SVC is recognized as having the most flexible control and high speed response, which has been widely utilized in power systems, is considered and designed to improve the response of a synchronous generator, as well as controlling the system voltage. The proposed parameter self tuning algorithm of fuzzy controller is based on the steepest decent method using two direction vectors which make error between inference values of fuzzy controller and output values of the specially selected PSS reduce steepestly. Using input-output data pair obtained from PSS, the parameters in antecedent part and in consequent part of fuzzy inference rules are learned and tuned automatically using the proposed steepest decent method. The related simulation results show that the proposed fuzzy controller is more powerful than the conventional ones.

• Proceedings of the KIEE Conference
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• 2002.07a
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• pp.226-228
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• 2002

This paper presents a new control approach for designing a coordinated controller for static VAR compensator system. A SVC constructed by a Fixed Capacitor and a Thyristor Controlled Reactor is designed and implemented to improve the damping of a synchronous generator, as well as controlling the system voltage. A design of linear quadratic controller based on optimal controller depends on choosing weighting matrices. A coordinated optimal controller is achieved by minimizing a quadratic performance index using dynamic programming techniques. The selection of weighting matrices is usually carried out by trial and error which is not a trivial problem. We proposed a efficient method using GA of finding weighting matrices for optimal control law. Thus, we prove the usefulness of proposed method to improve the stability of single machine-infinite bus with SVC system.

• Proceedings of the Plant Resources Society of Korea Conference
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• 2002.11b
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• pp.12-12
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• 2002

The chlorophyll fluorescence combined with the O-J-I-P transients were examined in the leaves of the crinum plants (Crinum asiaticum var. japonicum BAK.), in order to satisfy the demand for rapid in vivo measurement of vitality, and to apply easily to approach questions of economical interest concerning the plant vitality. The photosynthetic efficiency, Fv/Fm, of crinum plants dramatically decreased depending on temperature drop in winter. In summer, the Fv/Fm values was lower in day time than at dawn and night, suggesting that photosynthetic efficiency is chronically photoinhibited in day time. In winter, there was no prominent diurnal fluctuations of Fv/Fm values. However, based on the O-J-I-P transient, PI$\_$NO/ and SFI$\_$NO/ dramatically increased at noon in summer, and $\psi$o/(1-$\psi$o) diurnally fluctuated in winter. These results indicated that vitality indexes such as PI$\_$NO/, SFI$\_$NO/ and $\psi$o/(1-$\psi$o) can be used as the indicators for in vivo measurement of environmental stresses.

• International Commerce and Information Review
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• v.12 no.4
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• pp.171-192
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• 2010

In general, a stock index and its individual stocks are assumed to follow a random walk. A stock index is an important source of information and one that is seen by people everyday, regardless of their investment intentions. This paper examines the correlation between the KOSPI-the index that best reflects the Korean stock market and the macro - economic variables that have been found to influence the index by previous studies. The sample period considers the years after 2000 when the Korean stock market matured as restrictions on foreign investors were removed. For this purpose, a Vector Error Correction Model (VECM) and KOSPI equation with a general pacific approach were used. This paper aims at verifying the factors that determined the KOSPI after 2000 and at examining whether there was structural change in the investment environment. It also investigates changes in the factors determining the KOSPI's performance as a result of structural changes in the investment environment. The V AR (Vector Autoregressive) model including the nine variables was selected as a baseline model whose stability was tested using the unit root test. The results from the VECM and the structural changes in the investment environment can be summarized by the following Inner story points.

• BMB Reports
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• v.46 no.8
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• pp.416-421
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• 2013

Genome-wide association studies (GWAS) have become popular as an approach for the identification of large numbers of phenotype-associated variants. However, differences in genetic architecture and environmental factors mean that the effect of variants can vary across populations. Understanding population genetic diversity is valuable for the investigation of possible population specific and independent effects of variants. EvoSNP-DB aims to provide information regarding genetic diversity among East Asian populations, including Chinese, Japanese, and Korean. Non-redundant SNPs (1.6 million) were genotyped in 54 Korean trios (162 samples) and were compared with 4 million SNPs from HapMap phase II populations. EvoSNP-DB provides two user interfaces for data query and visualization, and integrates scores of genetic diversity (Fst and VarLD) at the level of SNPs, genes, and chromosome regions. EvoSNP-DB is a web-based application that allows users to navigate and visualize measurements of population genetic differences in an interactive manner, and is available online at [http://biomi.cdc.go.kr/EvoSNP/].

• Communications for Statistical Applications and Methods
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• v.25 no.4
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• pp.397-409
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• 2018

The world financial markets are inter-linked in ways that varies according to market and time. We examine the causality of change focusing on the Korean market as related to the U.S. (S&P 500), Japan (Nikkei 225), Hong-Kong (HSI), and European (DAX) markets. In order to capture time-varying causality running from and to the Korea stock market, we apply the Granger causality test under a VAR model with a wild bootstrap rolling-window approach. We also propose a new concept of a significant causality ratio to measure the intensity of the Granger causality in each time unit. There are many asymmetric strengths in mutual Granger causal relationships. Moreover, there are cases with significant Granger causal relations only in one direction. The period with the most severe Granger causality both running from and to the KOSPI market is the GFC. The market that formed the two-way Granger causal relationship with the KOSPI market for the longest period is the S&P 500. The HSI and DAX markets have the strongest two-way Granger causal relationship with the KOSPI shortly after 2000, and the Nikkei market had the strongest two-way Granger causal relationship with the KOSPI market before the Asian financial crisis.

• Mycobiology
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• v.41 no.4
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• pp.183-190
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• 2013

Amanita Pers. is a well-known monophyletic mushroom genus with a broad distribution. However, the diversity of Korean Amanita species has been underestimated, and most taxonomic studies conducted in Korea have only investigated their morphological characteristics. This approach is frequently insufficient for correct identification in fungal classification; therefore, we constructed a phylogeny of Amanita subgen. Lepidella in order to understand the phylogenetic placements of 16 Amanita specimens collected in Korea in 2012. The phylogeny constructed using the sequence data of the internal transcribed spacers and the partial large subunit of ribosomal RNA identified nine Amanita species (A. citrina, A. excelsa var. spissa, A. flavipes, A. fritillaria, A. oberwinklerana, A. pallidorosea, A. rubescens, A. subjunquillea, and A. volvata); of these, A. fritillaria, A. oberwinklerana, and A. pallidorosea are new to Korea.

• Proceedings of the Plant Resources Society of Korea Conference
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• 2002.11a
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• pp.88-95
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• 2002

The chlorophyll fluorescence combined with the O-J-I-P transients were examined in the leaves of the crinum plants (Crinum asiaticum var.japonicum BAK.), in order to satisfy the demand for rapid in vivo measurement of vitality, and to apply easily to approach questions of economical interest concerning the plant vitality. The photosynthetic efficiency, Fv/Fm, of crinum plants dramatically decreased depending on temperature drop in winter. In summer, the Fv/Fm values was lower in day time than at dawn and night, suggesting that photosynthetic efficiency is chronically photoinhibited in day time. In winter, there was no prominent diurnal fluctuations of Fv/Fm values. However, based on the O-J-I-P transient, PI$\_$NO/ and SFI$\_$NO/ dramatically increased at noon in summer, and $\psi$ο/(1-$\psi$ο) diurnally fluctuated in winter. These results indicated that vitality indexes such as PI$\_$NO/, SFI$\_$NO/ and $\psi$ο/(1-$\psi$ο) can be used as the indicators for in vivo measurement of environmental stresses.

• Journal of agriculture & life science
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• v.51 no.6
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• pp.15-22
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• 2017

The microstructure observation of seed surface structure is needed for protocols of breaking dormancy of seeds with physical dormancy. The seeds of Rubus species are surrounded by a thick, hard endocarp; together, the seed and endocarp make up the stone. We evaluate stone characteristics of 18 species of Rubus through optical microscopic observation, and correlate different stone characteristics with endocarp thickness. As a result of stone size comparison, Rubus species were classified as big stones group including R. parvifolius and R. idaeus, small stones group including R. longisepalus var. longisepalus, R. corchorifolius and R. hirsutus, and middle stones group including rest of the species. The result of this study revealed that stone size and the endocarp thickness in Rubus species was various characteristics in each species. Furthermore stone size and stone weight were also well correlated endocarp thickness and result indicated that heavy stones had harder endocarp than lighter one. Thus from the result of this study it can be presumed that only one stone characteristic approach may be sufficient to estimate other characteristics in Rubus.