• Title/Summary/Keyword: equilibrium test

Search Result 557, Processing Time 0.024 seconds

Game Theoretic Analysis of the Mobile Discount Service of the Offline Retailers (오프라인 소매점의 모바일 할인 서비스에 대한 전략적 분석)

  • Cho, Hyung-Rae;Rhee, Minho
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.39 no.3
    • /
    • pp.47-55
    • /
    • 2016
  • The proliferation of the Internet and related technologies has led to a new form of distribution channels, namely online retailers. The conventional offline and the new online retailers have different transaction costs perceived by the consumers in the following perspectives: the accessibility to the product information, the traffic cost and the opportunity cost for the time to visit the store, the delivery time and the possibility of 'touch and feel' to test the quality of the product. In particular, the online retailers have lower distribution cost structure in that they do not have physical stores, which results in lower selling price. Thus they continuously offer price competition against offline retailers using the lower selling cost as competitive weapon. Moreover the emergence of the social commerce is likely to intensify the competition between the online and offline retailers. To survive in this fierce competition, the offline retailers are trying to defend their business interests by sticking to offline transaction in anticipation of increased customer loyalty, customer's preference for 'touch and feel' style shopping, and others. Despite of these efforts, customers who touch and feel a product in an offline store but purchase the product through an online retailer are increasing. To protect such customers, recently, some of the offline retailers began to provide the mobile discount service (MDS) which enables the offline customers to purchase a product at a discounted price through the mobile applications. In business competitions, the price discount strategy is usually considered to secure more market share at the cost of lower profit. In this study, however, we analyze the effect of MDS as a weapon for securing more profit. To do this, we set up a game model between the online and offline retailers which incorporates the effect of the MDS. By numerically analyzing the Nash equilibrium of the game, some managerial implications for using the MDS for more profit are discussed.

Coexistence of plant species under harsh environmental conditions: an evaluation of niche differentiation and stochasticity along salt marsh creeks

  • Kim, Daehyun;Ohr, Sewon
    • Journal of Ecology and Environment
    • /
    • v.44 no.3
    • /
    • pp.162-177
    • /
    • 2020
  • Background: Ecologists have achieved much progress in the study of mechanisms that maintain species coexistence and diversity. In this paper, we reviewed a wide range of past research related to these topics, focusing on five theoretical bodies: (1) coexistence by niche differentiation, (2) coexistence without niche differentiation, (3) coexistence along environmental stress gradients, (4) coexistence under non-equilibrium versus equilibrium conditions, and (5) modern perspectives. Results: From the review, we identified that there are few models that can be generally and confidently applicable to different ecological systems. This problem arises mainly because most theories have not been substantiated by enough empirical research based on field data to test various coexistence hypotheses at different spatial scales. We also found that little is still known about the mechanisms of species coexistence under harsh environmental conditions. This is because most previous models treat disturbance as a key factor shaping community structure, but they do not explicitly deal with stressful systems with non-lethal conditions. We evaluated the mainstream ideas of niche differentiation and stochasticity for the coexistence of plant species across salt marsh creeks in southwestern Denmark. The results showed that diversity indices, such as Shannon-Wiener diversity, richness, and evenness, decreased with increasing surface elevation and increased with increasing niche overlap and niche breadth. The two niche parameters linearly decreased with increasing elevation. These findings imply a substantial influence of an equalizing mechanism that reduces differences in relative fitness among species in the highly stressful environments of the marsh. We propose that species evenness increases under very harsh conditions if the associated stress is not lethal. Finally, we present a conceptual model of patterns related to the level of environmental stress and niche characteristics along a microhabitat gradient (i.e., surface elevation). Conclusions: The ecology of stressful systems with non-lethal conditions will be increasingly important as ongoing global-scale climate change extends the period of chronic stresses that are not necessarily fatal to inhabiting plants. We recommend that more ecologists continue this line of research.

Prediction of the Torsional Strength of Reinforced Concrete Beams Subjected to Pure Torsion (순수비틀림을 받는 철근콘크리트 보의 비틀림 강도 예측)

  • 이정윤;박지선
    • Journal of the Korea Concrete Institute
    • /
    • v.14 no.6
    • /
    • pp.1010-1021
    • /
    • 2002
  • The current ACI design code does not take into account the contribution of concrete for the torsional moment of reinforced concrete(RC) beams subjected to pure torsion. This code is not capable of evaluating the inter-effects between concrete and torsional reinforcement on the torsional resistance of the RC beams. Some test results indicated that the current ACI code was not successful in predicting the observed torsional moment of the RC beams with reasonable accuracy. The research reported in this paper provides an evaluation equation to predict the torsional moment of the RC beams subjected to pure torsion. The proposed equation is derived from the equilibrium as well as compatibility equations of the truss model for the cracked RC beams. Comparisons between the observed and calculated torsional moments of the 66 tested beams, showed reasonable agreement.

Characterization of Bottom Ash as an Adsorbent of Lead from Aqueous Solutions

  • Gorme, Joan B.;Maniquiz, Marla C.;Kim, Soon-Seok;Son, Young-Gyu;Kim, Yun-Tae;Kim, Lee-Hyung
    • Environmental Engineering Research
    • /
    • v.15 no.4
    • /
    • pp.207-213
    • /
    • 2010
  • This study investigated the potential of using bottom ash to be used as an adsorbent for the removal of lead (Pb) from aqueous solutions. The physical and chemical characteristics of bottom ash were determined, with a series of leaching and adsorption experiments performed to evaluate the suitability of bottom ash as an adsorbent material. Trace elements were present, such as silicon and aluminum, indicating that the material had a good adsorption capacity. All heavy metals leached during the Korea standard leaching test (KSLT) passed the regulatory limits for safe disposal, while batch adsorption experiments showed that bottom ash was capable of adsorbing Pb (experimental $q_e$ = 0.05 mg/g), wherein the adsorption rate increased with decreasing particle size. The adsorption data were then fitted to kinetic models, including Lagergren first-order and Pseudo-second order, as well as the Elovich equation, and isotherm models, including the Langmuir, Freundlich and Dubinin-Radushkevich isotherms. The results showed that pseudo-second order kinetics was the most suitable model for describing the kinetic adsorption, while the Freundlich isotherm best represented the equilibrium sorption onto bottom ash. The maximum sorption capacity and energy of adsorption of bottom ash were 0.315 mg/g and 7.01 KJ/mol, respectively.

Adsorption Characteristics of Lead on Kaolinite (카올리나이트의 납 흡착 특성)

  • 장경수;강병희
    • Journal of Soil and Groundwater Environment
    • /
    • v.7 no.4
    • /
    • pp.24-30
    • /
    • 2002
  • The laboratory adsorption batch tests were performed to investigate the adsorption characteristics of Pb on kaolinite. The characteristics such as adsorption equilibrium time, adsorption capacity, adsorption isotherm were studied, and also the effects of pH and the mixing ratio on the adsorption of Pb on kaolinite were investigated. Test results show that the adsorption equilibrium state was reached within 24 hours, and the adsorbed amount of Pb increased, but the adsorption efficiency over the initial concentration of 198 mg/l decreased, with increasing the initial concentration of Pb. And the adsorption constant, 1/n was obtained 0.9584 by Freundlich isotherm equation. Regardless of the initial concentration of Pb. the adsorbed amount of Pb as well as the adsorption efficiency were increased with increasing pH values and converged to a certain constant value above 8 of pH values. And also the adsorbed amount of Pb increased with the mixing ratio, but its efficiency increased with the mixing ratio up to 8 and then showed the decreasing tendency above that.

Analyzing the Relation between Energy Intensity, Energy Price and TFP in Korea (에너지 집약도, 에너지 가격 그리고 기술 수준 간의 동태적 관계 분석)

  • Kim, Kijin;Won, DooHwan;Jung, Sukwan
    • Environmental and Resource Economics Review
    • /
    • v.29 no.2
    • /
    • pp.195-217
    • /
    • 2020
  • The improvement of energy intensity is drawing attention as a way to achieve sustainable development. Energy price and technology level are the main factors affecting energy intensity, and empirical studies on the relationship between the variables have been conducted mainly in overseas countries. However, analyzing the relation between energy intensity, energy price and technology has not been studied in Korea. Therefore, this study analyzed the dynamic relationship between energy intensity, energy price, and total factor productivity (TFP) in Korea. As a result of the analysis, the three variables form a long-term equilibrium relationship. The increase in TFP reduces energy intensity in both short and long term, and the long-term effect is greater than short-term effect. On the other hand, energy price do not have a significant impact on energy intensity. Granger causality test results show that energy intensity and TFP granger cause each other, but energy price is weak-exogenous.

Statistical Tests and Applications for the Stability of an Estimated Cointegrating Vector (공적분벡터의 안정성에 대한 실증연구)

  • Kim, Tae-Ho;Hwang, Sung-Hye;Kim, Mi-Yun
    • The Korean Journal of Applied Statistics
    • /
    • v.18 no.3
    • /
    • pp.503-519
    • /
    • 2005
  • Cointegration test is usually performed under the assumption that the cointegrating vector is constant for the whole sample period. Most previous studies have used conventional cointegration methods in testing for a stable long-run equilibrium relation among related variables. However they have overlooked that the long-run equilibrium may not the unique and the stable relation may not be guaranteed. This study develops the additional statistical tests for the stability of the estimated cointegrating vector. Three tests for the parameter stability of a cointegrated regression model are utilized and applied to identify the types of variations in the long-run relation between the domestic unemployment and the rotated macroeconomic variables of interest. The present paper finds that, there exists a stable but, time-varying long-run relation between those. The observed variation in cointegrating relations is generally characterized by a discrete one-time shift, rather than a gradually evolving random walk process which is attributable to the IMF financial and economic crisis.

Cardioprotective Potency of the Antioxidante Amifostine in the Ischemic and Reperfused Isolated Rat Heart (항산화제 Amifostine의 허혈 및 재관류시 흰쥐 적출심장의 심근 보호기능)

  • 허강배;천수봉;김송명
    • Journal of Chest Surgery
    • /
    • v.31 no.9
    • /
    • pp.845-854
    • /
    • 1998
  • Background: S-2-(3 aminoprophlamino) ethylphosphorothioic acid(WR-2721) is one of the radical scavenging thiols. We tested its protective effects in the reperfused heart. Material and Method: The experimental setup was the constant pressure Langendorffs perfusion system. We investigated the radical scavenging properties of this compound in isolated rat hearts which were exposed to 20 minutes ischemia and 20 minutes reperfusion. Four experimental groups were used:group I, control, Amifostine 50 mg(1 mL) peritoneal injection 30 minutes before ischemia(group II), Amifostine 10 mg(0.2 mL) injection during ischemia through coronary artery(group III),and Amifostine 50 mg(1 mL) peritoneal injection 2 hrs before ischemia(group IV). The experimental parameters were the levels of latate, CK-MB, and adenosine deaminase(ADA) in frozen myocardium, the quantity of coronary flow,and left ventricular developed pressure, and it's dp/dt. Statistical analysis was performed using repeated measured analysis of variance and student t-test. Result: The coronary flow of group II and IV were less than group I and III at equilibrium state but recovery of coronary flow at reperfusion state of group II, III, and IV were more increased compared with group I. The change of systolic left ventricular devoloping pressure of group II and IV were less than control group at equilibrium state, which seemed to be the influence of the pharmacological hypotensive effect of amifostine. But it was higher compared with group I at reperfusion state. The lactic acid contents of group II were less than control group in frozen myocardium.(Group I was 0.20 0.29 mM/g vs Group II, which was 0.10 0.11 mM/g). The quantity of CK-MB in myocardial tissue was highest in group IV (P=0.026 I: 120.0 97.8 U/L vs IV: 242.2 79.15 U/L). The adenosine deaminase contents in the coronary flow and frozen myocardium were not significantly different among each group. Conclusion: Amifostine seemed to have significant cardioprotective effect during ischemia and reperfusion injuries of myocardium.

  • PDF

Nonlinear Analysis of Stress-strain for RC Panel Subjected to Shear (순수전단이 작용하는 RC Panel의 응력-변형률 비선형해석)

  • Cha, Young-Gyu;Kim, Hak-Su
    • Journal of the Korea institute for structural maintenance and inspection
    • /
    • v.14 no.1
    • /
    • pp.175-181
    • /
    • 2010
  • The three truss models(equilibrium truss model, Mohr compatibility truss model, and the soften truss model) based on a rotating angle is called the rotating-angle model. The three rotating-angle models have a common weakness: they are incapable of predicting the so-called "contribution of concrete". To take into account this "contribution of concrete", the modern truss model(MCFT, STM) treats a cracked reinforced concrete element as a continuous material. By combining the equilibrium, compatibility, and the softened stress-strain relationship of concrete in biaxial state, MTM is capable of producing the nonlinear analysis of reinforced concrete structures composed of membrane element. In this paper, an efficient algorithm is proposed for the solution of proposed model incorporated with failure criteria. This algorithm is used to analyze the behavior of reinforced membrane element using the results of Hsu test.

Numerical simulation of wind loading on roadside noise mitigation structures

  • TSE, K.T.;Yang, Yi;Shum, K.M.;Xie, Zhuangning
    • Wind and Structures
    • /
    • v.17 no.3
    • /
    • pp.299-315
    • /
    • 2013
  • Numerical research on four typical configurations of noise mitigation structures and their characteristics of wind loads are reported in this paper. The turbulence model as well the model parameters, the modeling of the equilibrium atmospheric boundary layer, the mesh discretization etc., were carefully considered in the numerical model to improve the numerical accuracy. Also a numerical validation of one configuration with the wind tunnel test data was made. Through detailed analyses of the wind load characteristics with the inclined part and the wind incidence angle, it was found that the addition of an inclined part to a noise mitigation structure at-grade would affect the mean nett pressure coefficients on the vertical part, and that the extent of this effect depends on the length of the inclined part itself. The magnitudes of the mean nett pressure coefficients for both the vertical part and the inclined part of noise mitigation structure at-grade tended to increase with length of inclined part. Finally, a comparison with the wind load code British/European Standard BS EN 1991-1-4:2005 was made and the envelope of the mean nett pressure coefficients of the noise mitigation structures was given for design purposes. The current research should be helpful to improve current wind codes by providing more reasonable wind pressure coefficients for different configurations of noise mitigation structures.