• Title/Summary/Keyword: chooser

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CHOOSER OPTIONS ON VARIOUS UNDERLYING OPTIONS

  • Wonjoong Kim;Jinyoung Lee
    • Communications of the Korean Mathematical Society
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    • v.39 no.2
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    • pp.535-546
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    • 2024
  • We consider chooser options written on various underlying assets other than vanilla call and put options. Specifically, we deal with (i) the chooser option written on the power call and put options, and (ii) the chooser option written on the exchange options. We provide explicit formulas for the prices of these chooser options whose underlying assets are either power options or exchange options, rather than the vanilla call and put options.

Multi-layer restoration strategy to restore the multi-link and node failures in DCS mesh networks (DCS mesh 네트워크에서 다중 선로 장애와 노드 장애를 복구하기 위한 다중 계층 복구 전략)

  • 김호진;조규섭;이원문
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.22 no.12
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    • pp.2744-2754
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    • 1997
  • Recently, the Multi-Layer Restoration(MLR) algorithm was proposed by British Telecom(BT) to restore the network failures in Digital Cross-connect System(DCS) mesh survival network[1, 2]. This algorithm has multi restoration stage which is composed of the pre-planned and dynamic restoration. This algorithm is effective its ability in link or node failures. This reason is that it does not restore in the pre-planned rstoration stage but in dynamic restoration stage. In this paper, we propose the MLR with pre-planned Multi-Chooser(PMC) and successive restoration ratio algorithm. This proposed algorithm has a excellent performance for restortion time and ratio, spare channel availability and fast restoration from multiple link failure or node failure. This paper proposed the modeling and restoration algorithm, and analyzed the performance of the algorithm by simulation using OPNET(OPtimized Network Engineering Tools).

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A Study on Performance Enhancement of Selection Combined Hybrid Sequential Deconvolution and SC-FDE for Single Carrier System (선택적 결합 기법을 활용하여 순차적 역컨벌루션과 단일반송파 수신기를 하이브리드하게 사용한 단일반송파 시스템 성능 향상에 관한 연구)

  • Jung, Hyeok-Koo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.37 no.5A
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    • pp.305-310
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    • 2012
  • This paper proposes a selection combined hybrid sequential deconvolution and single carrier modulation with a zero forcing frequency domain equalizer for single carrier transmission system in order to enhance performance. Selection combining method is an algorithm of antenna space diversities, the receiver can choose the best channel environment only with the increase of the number of antennas, but a baseband structure is the same as the traditional receiver architecture. Simulation results show that the proposed algorithm has a better performance rather than the traditional single carrier transmission with a frequency domain equalizer.

A Case Study on the Interior Color Characteristics for Common Spaces in Elderly Housing - Special Reference to Elderly Housing In Contra Costa County, California, U.S.A - (노인주거시설 공용공간의 실내색채 사례연구 - 미국 캘리포니아 콘트라 코스타군의 노인주거시설을 중심으로 -)

  • 오혜경;박민진;이지현
    • Korean Institute of Interior Design Journal
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    • v.13 no.1
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    • pp.70-80
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    • 2004
  • The purpose of this study is to analyze the interior color characteristics of elderly housing facilities in U. S. A. For this purpose, a field survey was conducted between July 23 and July 31, 2003, visiting 10 elderly housing facilities in Contra Costa County, California. A three step analysis of the facilities involved. First, floor, walls, ceilings, base boards and doors in common spaces were examined for the color scheme using the "Pantone for Fashion and Home Color Guide" for each room. Measured Pantone numbers were converted to RGB color using "Chooser 3.0 of Pantone, Inc." Finally, the conversions were recorded as Munsell numbers. The results are as follows: First, the colors chosen for American elderly housing are high value and low chromatic colors. In many facilities, analogue colors such as BG, B, BP and Y, YR R, RP are used. Second, the colors of ceiling and wall are mainly very bright and low chromatic colors. The colors of floor are undertaking an Important role by generating major atmosphere in the America elderly housing. Third, the colors used for elderly housing are found inter-related. For example, the main color in the lobby is also used from corridor to stair and used again from lounge to dinning room as a secondary color. Fourth, it is found that accent colors are used at the beginning and end of stair and corridor outskirts in consideration of physical condition of elderly people. Fifth, there is no difference in color selection between elderly housing with low and high rental value. Preferably, more versatile colors are being chosen for elderly housing with the low rental value.he low rental value.

A Study on the Interior Color Characteristics for Common Spaces in Elderly Housing (한국 노인주거시설 공용공간의 실내색채 사례연구)

  • Oh, Hye-Kyung;Park, Min-Jin
    • Archives of design research
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    • v.18 no.4 s.62
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    • pp.73-84
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    • 2005
  • The purpose of this study is to analyze the interior color characteristics of elderly housing facilities in Korea. For this purpose, a filed survey was conducted between October 16 and October 25, 2003, visiting 10 elderly housing facilities. A three step analysis of the facilities was involved. First, floor, walls, ceiling, base boards and doors in common spaces were examined for the color scheme using the 'Pantone for Fashion and Home Color Guide' for each room. Measured Pantone numbers were converted to RGB color using 'Chooser 3.0 of Pantone, Inc.' Finally, the conversions were recorded as Munsell numbers. The results are as follows. First, the brightness used in elderly housing facilities ranges from high value to low value while the chroma ranges from the middle chroma to low chroma. The warm colors of Y and YR are mainly used, followed by GY and R. Second, the colors used for elderly housing facilities are found inter-related. For example, the main color in the lobby is also used for corridor and used again in dining room, library, and treatment room. Third, in terms of the color scheme, it is best help the elderly, who generally have lower recognition capability, by highlighting the distinction and attention by using the dearly distinctive accent color for the transition space, edge of the hallways or in front of the door to the units and having different color for each floor. But in most facilities except one or two, this consideration is ignored. Fourth, there is difference in color selection between elderly housing with low and high rental value. Only one facility, the most high priced one, has aggressive color arrangement, and the others show very little consideration of the elderly's needs.

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Utility Maximization, The Shapes of the Indifference Curve on the Characteristic Space and its Estimation: A Theoretical Approach (개인여객 효용의 극대화 및 운송특성공간상의 무차별곡선의 형태와 그 추정)

  • Kim, Jong-Seok
    • Journal of Korean Society of Transportation
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    • v.27 no.2
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    • pp.157-168
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    • 2009
  • The random utility theory and the multinomial logit model (including a more recent variant--the mixed multinomial logit) derived from it have constituted a back bone for theoretical and empirical analyses of various travel demand features including mode choice. In their empirical applications, however, it is customary to specify random utilities which are linear in modal attributes such as time and cost, and in socio-economic variables. The linearity helps easy derivation of important information such as value of travel time savings by calculating marginal rate of substitution between time and cost. In this paper the author focuses on the very linearity of the random utilities. Taking into account the fact that the mode chooser is also labour supplier, commodity consumer as well as leisure-seeker, the author sets up a maximization model of the traveller, which encompasses various economic activities of the traveller. The author derive from the model the indifference curve defined on the space of modal attributes, time and cost and investigate under what conditions the random utility of the traveller becomes linear. It turns out that there exist the conditions under which the random utility is really linear in modal attributes, but the property does not hold when the traveller has a corner solution on the space of modal attributes, or when the primary utility function of the traveller is directly affected by labour provided and/or the travel time itself. As a corollary of the analysis, a random utility is suggested, approximated up to the second order of the variables involved for empirical studies of the field.