• Title/Summary/Keyword: Valuation method

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Technology Valuation of National R&D Project used SMART3 (SMART3를 이용한 국가연구개발사업 기술가치평가: K연구단 사례 연구)

  • Kang, Dong-Il;Yoon, Sung-Yong
    • Journal of Digital Convergence
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    • v.12 no.11
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    • pp.81-87
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    • 2014
  • In this study, along with the expansion of the national R&D projects, by analyzing the case of K research center of Land and Transport R&D projects, and was evaluated in the value of technology. The evaluation of the value of technology, were analyzed using the SMART3 targeting patents K research center indicate best technical aspects have registered. Analysis technical value of research center K, was found to have maintained the same level as the average of about of Land and Transport R&D projects. The significance of this study is that it was approached by more concrete approach of valuation of technology principle of national R&D projects. We expect that the study of evaluation method and diverse objective to achieve the intended purpose of the national R&D projects are carried out more.

Estimating the Economic Value of Ecotourism in Anmyeondo Tidal Wetlands Using the Contingent Valuation Method (조건부가치측정법을 이용한 안면도갯벌의 생태관광에 대한 경제적 가치추정)

  • Pyo, Hee-Dong;Chae, Dong-Ryul
    • Ocean and Polar Research
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    • v.26 no.1
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    • pp.77-86
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    • 2004
  • The paper is to estimate the economic value of ecotourism in Anmyeondo tidal wetlands using a double-bounded dichotomous choice (DBDC) model of the Contingent Valuation Method (CVM). For the reliability and the validity of CVM a survey was conducted for 511 visitors by personal interview method in Anmyeondo during August 2000, and respondents were asked for maximum Willingness-To-Pay (WTP) to buy a ticket fer the tidal flat's ecotourism. Overall, respondents answered that they would be willing to pay 55,879 won for a ticket under the study. All equations and results estimated are statistically significant at the 1% or 5% level. For the aggregation of WTP estimates, the sample values are extended to the total annual number of visitors in Anmyeondo area during 1998. A conservative estimate, which considers the calibration factor (0.5) recommended by NOAA (1994) and a positive response rate (83.17%), is 73 billion won.

The benefit analysis of constructing the visual conservation center (영상자료센터 건립사업의 경제적 편익)

  • Jeong, Ki-Ho
    • Journal of the Korean Data and Information Science Society
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    • v.22 no.5
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    • pp.885-893
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    • 2011
  • Visual conservation center is a facility for the preservation of visual materials such as film and digital image data, and its construction project is currently being considered. This study evaluates the economic benefit of the project using CVM (Contingent Valuation Method), the main method of nonmarket evaluation in the both domestic and foreign literature. Survey data used in the analysis was collected in seven major metropolitan cities using person-to-person interviews and a logit model is used for the econometric estimation. The economic benefit measured by a household's average willing to pay (WTP) per year is shown to amount to 8,958 won.

Measuring benefits of providing water for environmental improvement in Daechi-stream and Ji-stream

  • Hong, Seungjee
    • Korean Journal of Agricultural Science
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    • v.43 no.2
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    • pp.275-287
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    • 2016
  • This study attempts to estimate the benefits of using water ensuing from the Chilgap multipurpose reservoir for environmental improvement. The contingent valuation method (CVM) was used to elicit the willingness to pay (WTP) for providing environmental improvement water from the Chilgap reservoir to Daechi-stream and Ji-stream. The DCDB (double-bound dichotomous choice) survey method was used to collect data for the analysis. Due to the usually high cost of increasing the sample size, the use of follow-up questions was implemented as an inexpensive method of improving the efficiency of the estimation. A spike model was used in this study because a number of respondents showed zero WTP. The spike model can be estimated as easily as the conventional model. Results show that the average annual household's WTP is 4,516 won using the conventional model and 8,644 won using the spike model. Applying the estimated average annual household's WTP to the Chungnam and Daejeon regional levels, the benefits of environmental improvement water from the Chilgap reservoir is estimated at 11.9 billion won per year. The temporal benefits of providing water for environmental improvement, for a 50-year period at a 6.0% discount rate, is estimated at about 190 billion won in the Chungnam and Daejeon areas. These results could be useful especially when the government tries to determine an appropriate level of investment and to make a policy related to providing environmental improvement water.

Public Transportation Information Profit Model in Using CVM(Focused on BIT) (CVM기법을 이용한 대중교통수익모델 연구(BIT를 중심으로))

  • Park, Bum-Jin;Moon, Byeong-Sup
    • The Journal of the Korea Contents Association
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    • v.11 no.8
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    • pp.459-467
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    • 2011
  • BIS(Bus Information Systems) supplies the bus arrived time information for users in using BIT(Bus Information Terminal) installed on the bus stop. BIT is the device using peoples directly. So, BIT need a quick response when it flew. These are an important factor in the strategy of the BIS maintenance. BIT need a maintenance cost to operate smoothly. So, Suppose that commercial advertisement can be displayed on BIT screen in this study. And we researched an advertisement rates of the optimum level in using Contingent Valuation Method. In addition, we analyzed a characteristic of user's depending on each time using multinomial Logit Modeling method, and studied for BIT operation and ad. displaying strategy considered user's sex, ages and using times.

An Analysis of the Tour and Recreation Values of the Parks (공원녹지의 관광위락가치에 관한 연구)

  • 임완현
    • Journal of the Korean Institute of Landscape Architecture
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    • v.22 no.1
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    • pp.1-16
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    • 1994
  • This paper examines the individual and social values of tour and recreation activities related to the characteristics and attractions of parks in urban area through a questionnaire. The data for this research consists of 2,942 samples based on interviews in sixteen parks in Daegu area. Implications of the findings for urban parks design and tour and recreation policy are discussed. Travel cost method and contingent valuation method are applied essentially. These methods yield a reasonable estimation of the relationship between tour and recreation values of the parks and the visit rate which can be used to estimate demand functions for tour and recreation experiences provided by a site. Semilog-type models can be used to estimate the use of the park. Finally, the tour and recreation value of each park per user-day is estimated by the total experiences of the users. This study is a modest but important step in the investigation of urban parks and recreation site demand and values. Many of the developments in contingent valuation method and travel cost modeling should now be applied to the urban scale parks and recreation sits. Such studies will contribute significantly to the improvement of methodology for tour and recreation values measuring, especially to individual and social benefits for the urban parks, and provide the much needed guidance for the allocation of scarce tour and recreation resources.

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An Analysis of Economic Value of the Old-age Preparation Service (노후준비서비스의 경제적 가치 분석)

  • Ahn, Kyung Ae;Rhee, Hae Chun
    • Health Policy and Management
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    • v.28 no.1
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    • pp.77-86
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    • 2018
  • Background: The purpose of this study is to emphasize the importance and necessity of the government's old-age preparation service by measuring the economic value of the old-age service and the policy direction and policy implications of the government's old-age preparation service project. Methods: Contingent Valuation Method (CVM) was used as an analytical method. CV methodology was used to calculate the Willingness to pay (WTP) for old-age preparation service and its value was estimated and the economic benefit of the project was estimated. Results: As a result of the analysis, the average monthly payment amount for the old service was calculated as 5,100 won, and the annual average payment amount was estimated to be 61,197.1 won. Conclusion: The present value of the benefit for 10 years with the discount rate of 5.5% is 484,651 won. Based on the value of peruser benefit, the total benefit value calculation result of the old-age preparation service considering the Willingness to pay for the next 10 years shows that the total benefit value of the old service, which occurs during the period from 2016 to 2025(10 years) was estimated at 415.1 billion won. As a result of calculating the benefit for each scenario, the present value of basic service is higher in all scenarios than the linked service.

Extraction Scheme of Function Information in Stripped Binaries using LSTM (스트립된 바이너리에서 LSTM을 이용한 함수정보 추출 기법)

  • Chang, Duhyeuk;Kim, Seon-Min;Heo, Junyoung
    • Journal of Software Assessment and Valuation
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    • v.17 no.2
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    • pp.39-46
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    • 2021
  • To analyze and defend malware codes, reverse engineering is used as identify function location information. However, the stripped binary is not easy to find information such as function location because function symbol information is removed. To solve this problem, there are various binary analysis tools such as BAP and BitBlaze IDA Pro, but they are based on heuristics method, so they do not perform well in general. In this paper, we propose a technique to extract function information using LSTM-based models by applying algorithms of N-byte method that is extracted binaries corresponding to reverse assembling instruments in a recursive descent method. Through experiments, the proposed techniques were superior to the existing techniques in terms of time and accuracy.

A Study on the Construction of Status Display Equipment for Soft-RAID System of Linux Server using Hardware (하드웨어에 의한 리눅스 서버 소프트-RAID 시스템의 상태표시 장치 구성에 관한 연구)

  • Na, Won-Shik;Lee, Hyun-Chang
    • Journal of Software Assessment and Valuation
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    • v.15 no.2
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    • pp.95-100
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    • 2019
  • In this paper, we propose a simple hardware reporting method for errors in soft-RAID systems of Linux OS. Compared with other reporting methods, the proposed method displays error status intuitively without any additional access process such as log-in process or home-page access. In particular, the server actively displays the error status, so the administrator can take immediate action. In order to confirm the effectiveness of the proposed method, the experimental circuit was constructed and the experimental results showed that the error was actively displayed when an error occurred in the storage device. As such, a soft-RAID system can perform almost the same function as a hardware RAID system, thereby ensuring server data reliability at low cost.

A Study on Economic Methodology for Deriving Money Coefficients (금전계수 도출을 위한 경제학적 방법론 연구)

  • Min-Hee Back
    • Journal of Radiation Industry
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    • v.17 no.1
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    • pp.111-118
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    • 2023
  • The International Commission on Radiological Protection (ICRP) 103 recommends a cost-benefit analysis method as an auxiliary tool for scientific and rational decision-making for the principle of optimization of radiological protection. In order to conduct a cost-benefit analysis, the safety improvement of nuclear power by regulation must be measured and converted into monetary terms. The improvement of nuclear safety can be measured by reducing the radiation exposure dose of the people, and it is necessary to determine the coefficient to convert the radiation exposure dose into money. The monetary coefficient is calculated as the product of the statistical life value (VSL) and the nominal risk coefficient. In order to derive the monetary coefficient, the willingness to pay (WTP) can be estimated using the contingent valuation method (CVM), which quantifies the value of non-market goods by converting them into monetary units. WTP can be estimated based on the random utility model, which is the basic model for bivariate selection type conditional value measurement data. Statistical life value can be calculated using the estimated WTP and reduction in early mortality, and a monetary coefficient can be derived.