• Journal of Korean Society of Transportation
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• v.19 no.5
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• pp.109-117
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• 2001

The median encroachment accident model proposed in this paper is the first step to develop cost-effective criteria about installing facilities preventing traffic accidents by median encroachment. This model consists of expected annual number of median encroachment on roadway and conditional probability to collide with vehicles on opposite lane after encroachment. Expected encroachment number is related to traffic volume and quote from a study of Hutchinson & Kennedy(1966). The probability of vehicle collision is composed of assumed headway distribution of opposite directional vehicles (negative exponential distribution), driving time of encroaching vehicle and Gap & Gap acceptance model. By using expected accident number yielded from the presented model, it will be able to calculate the benefit of reduced accident and to analyze the cost of installing facilities. Therefore this will help develop cost-effective criteria of what, to install in the median.

• The Journal of Industrial Distribution & Business
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• v.10 no.12
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• pp.35-42
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• 2019

Purpose : This study examines The impact of human resource investment in internal control on stock price crash risk. Effective internal control ensures that information provided is complete and accurate, financial statements are reliable. By overseeing management, internal control systems can reduce agency costs between management and outside parties. In Korea, firms have to disclose information about internal control systems. The working experience of human resources in internal control systems is also provided for interested parties. If a firm hires more experienced internal control personnel, it can better facilitate the disclosure of information. Prior studies reported that information asymmetry between managers and investors increases future stock price crash risk. Therefore, the longer working experience internal control personnel have, the lower probability stock crashes have. Research design, data and methodology : This study analyzed the association between the working experience of internal control personnel and crash risk using regression analysis on KOSPI listed companies for fiscal years 2016 through 2017. The sample consists of 1,034 firm-years of non-financial firms whose fiscal year end on December 31. Career spanning data of internal control personnel was collected from internal control reports. The professionalism(IC_EXP) was measured as the logarithm of the average working experience of internal control personnel in months. Negative conditional skewness(NSKEW) and down-to-up volatility (DUVOL) are used to measure firm-specific crash risk. Both measures are based on firm-specific weekly returns derived from the expanded market model. Results : We find that work experience in internal control environment is negatively related to stock price crashes. Specifically, skewness(NSKEW) and volatility (DUVOL) are reduced when firms have longer tenure of human resources in internal control division. The results imply that firms with experienced internal control personnel are less likely to experience stock price crashes. Conclusions : Stock price crashes occur when investors realize that stock prices have been inflated due to information asymmetry. There is a learning effect when internal control processes are done repetitively. Thus, firms with more experienced internal control personnel could manage their internal control more effectively. The results of this study suggest that firms could decrease information asymmetry by investing in human resources for their internal control system.

• Journal of KIISE:Information Networking
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• v.36 no.6
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• pp.471-480
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• 2009

One of the principal impediments to the achievement of a scalable access control for a large number of subscribers in a public broadcast is to distribute key update messages reliably to all stateless receivers. However, in a public broadcast, the rekeying messages can be dropped or compromised during the transmission over an insecure broadcast channel, or transmitted to the receivers while it was off-line. In this study, we propose a novel group key management scheme that features a mechanism that allows the legitimate receivers to recover the current group key even if they lose key update messages for long-term sessions using short hint messages and member computation. The performance analysis result shows that the proposed scheme has advantages of the scalable and efficient rekeying compared with the previous reliable group key distribution schemes. The proposed key management scheme targets a conditional access system in a media broadcast where there is no feedback channel from receivers to the broadcasting station.

• Journal of the Korean Data and Information Science Society
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• v.27 no.3
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• pp.711-724
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• 2016

Under variable complex operating environment, various factors can affect the lifetimes of systems. In this research, we study bivariate reliability models having multiple dynamic competing risks. As competing risks, in addition to the natural failure, we consider the increased stress caused by the failure of one component, external shocks, and the level of stress of the working environment at the same time. Considering two reliability models which take into account all of these competing risks, we derive bivariate life distributions. Furthermore, we compare these two models and also compare the distributions of maximum and minimum statistics in the two models.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.36 no.8
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• pp.829-837
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• 2012

Direct numerical simulations were carried out for turbulent channel flows with $Re_{\tau}$ = 180, 395 and 590 to investigate the turbulent flow structure related to the Reynolds shear stress. By examining the probability density function, the second quadrant (Q2) events with the largest contribution to the mean Reynolds shear stress were identified. The change in the inclination angle of Q2 events varies with wall units in $y^+<50$ and with the channel half height in y/h > 0.5. Conditionally averaged flow fields for the Q2 event show that the flow structures associated with Reynolds shear stress are a quasi-streamwise vortex in the buffer layer and a hairpin-shaped vortex in the outer layer. Three-dimensional visualization of the distribution of high Reynolds shear stress reveals that the organization of hairpin vortices in the outer layer having a size of 1.5~3 h is associated with large-scale motions with high Reynolds shear stress in the outer layer.

• Journal of Broadcast Engineering
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• v.15 no.2
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• pp.192-204
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• 2010

As illegal distribution of the terrestial DTV broadcast program occurs very frequently in on-line, the needs to protect broadcast program have increased. In this paper, a new approach to implement a system for terrestial DTV broadcast program protection based on program protection information(PPI) is proposed. In our approach, the broadcast program is recorded with encryption according to redistribution condition of the PPI and packaged into a file with key information and PPI together. And we also define a set of domain protocol for supporting user fair-use of broadcast program. In the proposed system, copy control can also be provided by process of home domain management. Implementation results show that our system can protect broadcast programs with efficiency and can support conditional distribution within home domain in order to satisfy user fair-use.

• Journal of the Korean Data and Information Science Society
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• v.21 no.6
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• pp.1041-1049
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• 2010

In Korean professional baseball, attendance is the largest source of revenue for development of professional baseball and the highest concern of professional baseball teams. So, if there is demand forecasting model, it will be helpful for pennant chasers to work out the strategies for drawing attendance. For this reason, this research intends to suggest the model which estimates Korean professional baseball's attendance and uses all usable variables which have an effect on attendance in limited circumstances. We supposed that dependent variable is attendance as well as several independent variables and error term are homoscedastic variance. And then, we compared the models which assume conditional heteroscedastic variance like GARCH and EGARCH with GARCH-t models which use the assumption that error term's distribution follows student-t distribution. In result of that, we could confirm that the models which were made by using GARCH(1,1)-t made estimates the most accurately among the several models considered.

• Journal of the Computational Structural Engineering Institute of Korea
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• v.27 no.6
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• pp.493-500
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• 2014

This paper presents findings from the assessment of the volcanic ash fragility for multi-hazard resisting vinyl greenhouse and livestock shed among the agricultural facilities. The volcanic ash fragility was evaluated by using a combination of the FOSM (first-order second-moment) method, available statistics of volcanic load, facility specifications, and building code. In this study, the evaluated volcanic ash fragilities represent the conditional probability of failure of the agricultural facilities over the full range of volcanic ash loads. For the evaluation, 6 types(ie., 2 single span, 2 tree crop, and 2 double span types) of multi-hazard resisting vinyl greenhouses and 3 types(ie., standard, coast, and mountain types) of livestock sheds are considered. All volcanic ash fragilities estimated in this study were fitted by using parameters of the GEV(generalized extreme value) distribution function, and the obtained parameters were complied into a database to be used in future. The volcanic ash fragilities obtained in this study are planning to be used to evaluate risk by volcanic ash when Mt. Baekdu erupts.

• Journal of the Korean Chemical Society
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• v.24 no.2
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• pp.129-138
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• 1980

The formation constants of the mixed-ligand complexes in the Cd(II), Cu(II) and Pb(II)-Trien-OH system were studied by polarograph. The formation constant $(log{\beta}_{ij})$ was determined at $25^{\circ}C$ in the ionic strength of 0.1. It was also confirmed that the mixed ligand complexes in this system were formed above pH 10.2, 10.5 and 9.0 for Cu(II), Cd(II) and Pb(II) by the calculation of the distribution for complexes at the various pH. Masking of Cd(II) by conversion to anionic EDTA-complexes has been used to separate Cu(II) from Cd(II) through passage of a combined Trien-EDTA solution on an cationic resin column. The optimal condition for the separation of Cu(II) from Cd(II) is confirmed at the pH range above 9.0, not only by considering the theoretical equation of the conditional-exchange-constant of metal on the cation exchange resin,but also by calculating the distribution of the mixed ligand complexes in the resin at the various pH with computer. By analyzing the synthetic sample of Cu(II) and Cd(II) with a EDTA masking at pH 9.5, it is found that the results of the experiment are satisfied with the theoretical value.

• The Journal of Industrial Distribution & Business
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• v.9 no.1
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• pp.67-76
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• 2018

Purpose - With the worldwide aging problem and the development of globalization, customers prefer to seek affordable medical services with the higher quality overseas. This new trend has urged some destination countries to improve their services for the more competitive advantages over other countries. Literature research indicate that medical quality and cost may be the key factors influencing global patients' decisions. In the international environment, however, medical tourism destinations are selected due to cultural similarity between the hosting country and the customers' own country. The more similarity perceived between the two countries leads foreign patients to choose the considering country as the destination for medical tourism. However, little research has been conducted on this topic. Thus, we empirically investigate how cultural similarity influences Chinese medical customers' choice of the destinations. We also consider the factors related to medical competency and travel attribute which might affect customers' decisions along with some moderating roles of disease types. Research design, data, and methodology - We proposed a research model in order to confirm the relations among different variables of cultural similarity, medical competency, travel attractiveness, disease types, and destination choice. The questionnaire survey is processed in the more economically developed regions of China such as Beijing, Shanghai, and Jiangsu. Conditional logit regression is applied to analyze the data of 881. Results - Results indicate that cultural similarity is the important predictor of Chinese customers' decision to select a medical country. However, the effects of cultural similarity vary according to the disease types. We also find that medical competency and travel attractiveness influence their decisions with the moderating role of disease types. Conclusions - Cultural similarity is the important factor that influences Chinese potential medical tourists' decisions to select a destination. Marketing managers should consider the effects of cultural similarity when developing strategies for attracting Chinese medical tourists. Since medical competency and travel attractiveness are still the critical key elements for them to evaluate the destination countries, it is necessary to continuously improve medical service quality and facilities. The results also recommend that medical managers should sharpen their marketing strategies by segmenting Chinese potential customers in terms of disease types.