• 한국항해항만학회지
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• 제45권5호
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• pp.259-275
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• 2021

This study analyzed the decision-making process in ship finance for the choice between fixed and floating interest rates using behavioral finance theories. Results confirmed that causes and background of decision-making processes could be explicitly explained by the framework of behavioral finance theories. This study also determined whether decisions were irrational. A case-study research was applied as the methodology. Decision-making data on ship finance collected through narrative and questionnaire responses were analyzed and evaluated using behavioral finance theories. Theories of behavioral finance used in the analysis and research of this study included availability heuristic, anchoring effect, and opportunity cost theory. Narrative and survey responses were clearly explained by theories of behavioral finance. It was found that a shipping company suffered additional losses owing to decisions that included behavioral finance errors. Behavioral finance theories largely influenced the decision-making process of choosing between a fixed interest rate and a floating interest rate. Shipping finance decisions related to interest rate selections could be clearly explained by behavioral finance theories. Errors related to behavioral finance could result in irrational decisions. Thus, managers who are responsible for shipping finance should remain vigilant toward any behavioral finance errors when making shipping finance decisions.

• The Journal of Asian Finance, Economics and Business
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• 제9권2호
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• pp.29-36
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• 2022

This study uses the panel probit model to investigate and evaluate the relationship between exchange rate regimes, political stability, and carbon dioxide during currency crises. To understand currency crisis times, we study a panel dataset of seven South Asian nations that contain annual observations from 1996 to 2020. Furthermore, we created the EMPI exchange market pressure indicator to detect crises. Our results strongly suggested that fixed exchange rate is negatively associated with currency crises, with good regulatory quality and better effective governments. Simultaneously, the floating exchange rate is positively related to the currency crises in those countries where the rule of law has less adequately flowed. However, CO₂, exports, and interest rates are buoyantly associated with crises. The floating exchange rate, the rule of law, exports, and interest rate are associated positively and contribute more prone to the crisis episodes. Negatively associated variables contributed less amid crises episodes: fixed exchange rate regime, government effectiveness, and regulatory quality. Meanwhile, CO₂ has a positive relationship with a currency crisis and contributes more likelihood to the probability of a currency crisis. Countries that adopted the fixed exchange rates with effective governments and regulatory quality faced more minor currency crises.

• Journal of Communications and Networks
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• 제14권4호
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• pp.429-433
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• 2012

In this paper, we consider nonbinary quasi-cyclic low-density parity-check (QC-LDPC) codes and propose a method to design multiple rate codes with either fixed information bit length or block bit length, tailored to different scenarios in wireless applications. We show that the proposed codes achieve good performance over a broad range of code rates.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• 제25권4호
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• pp.312-326
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• 2021

The prey-predator model is one of the most influential mathematical models in ecology and evolutionary biology. In this study, we considered a modified prey-predator model, which describes the rate of change for each species. The effects of modifications to the classical prey-predator model are investigated here. The conditions required for the existence of the first integral and the stability of the fixed points are studied. In particular, it is shown that the first integral exists only for a subset of the model parameters, and the phase portraits around the fixed points exhibit physically relevant phenomena over a wide range of the parameter space. The results show that adding coupling terms to the classical model widely expands the dynamics with great potential for applicability in real-world phenomena.

• 한국통신학회:학술대회논문집
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• 한국통신학회 2004년도 하계종합학술발표회논문초록집
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• pp.181-181
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• 2004

• 환경위생공학
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• 제14권4호
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• pp.172-179
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• 1999

In this research, biological treatability test was conduced using seawater flocculated tannery wastewater by fixed biofilm reactor. During one cycle, the removal efficiency of organic corbon obtained with fixed biofilm process for treating tannery wastewater was considerably greater than that with activated sludge process. As the hydraulic retention time increased form 0.5day to 4day, removal efficiency of organic carbon was increased from 72% to 87.3%. Attached biomass in media increased with influent organic loading up to 29g MLSS/L, that could reduce the specific organic loading rate. The continual measurement of attached biomass was possible for the operation of the biofilm reactor. Equal and low nitrication rates were observed in both suspended growth activated sludge process and fixed biofilm process, despite commercial nitrifier was seeded. Through the process of treating the tannery wastewater, EC50 values which is measured by the use of Ceriopdaphnia dubia, were decreased to the extent of 50% after treatment of seawater flocculation and of 83% after biological treatment, respectively, compared to those of the untreated wastewater.

• 대한수학회논문집
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• 제12권4호
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• pp.869-880
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• 1997

In this paper, we give sufficient conditions of certain elliptic systems involving competing iteractions with nonlinear diffusion rates. The existence of positive solution depends on the sign of the first eigenvalue of operators of Schr$\ddot{o}$dinger type. More precisely, if the sign of such operators are either both positive or both negative, then system has a positive solution. The main tool employed is the fixed point index of compact operator on positive cones.

• 자원ㆍ환경경제연구
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• 제17권3호
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• pp.91-134
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• 2008

지역난방사업자는 현재 열 생산시설과 공급시설에 양자에 대해 공사비부담금을 포괄적으로 징수하고 있어 다른 장치산업에 비해 지나치게 소비자 부담이 큰 편이며, 법적 근거와 실제 산정방식 간의 괴리, 편익대가 산정의 부적절성, 교차보조, 소유권문제 등 다양한 문제점을 안고 있다. 따라서 요금의 가격기능을 회복하고, 공사비부담금의 문제점을 해소하기 위해 공사비부담금을 감소시키고 이를 열요금 중 기본요금을 통해 징수하는 방안에 대해 검토한 바 공사비부담금을 다른 장치산업의 시설분담금 수준까지 현행대비 30% 감소시킬 경우, 전체열요금은 열원에 따라 20년간 평균 4~6% 증가하게 된다. 또한 현행 열요금의 10%에 해당하는 기본요금 비중을 고정비와 투자보수 회수 수준인 25%까지 증가시키고 기본요금으로 공사비부담금 감소분을 회수하는 방안을 함께 제시한다.

• Journal of Periodontal and Implant Science
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• 제51권3호
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• pp.163-178
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• 2021

Purpose: The aim of this study was to evaluate clinical factors affecting the longevity of fixed retainers and the influence of fixed retainers on periodontal health in periodontitis patients. Methods: In total, 52 patients with at least 2 years of follow-up after periodontal and orthodontic treatment were included in this study. After scaling and root planing, orthodontic treatment with fixed appliances or clear aligners was performed. Fixed retainers with twist-flex stainless steel wires were bonded to the palatal or lingual sides of anterior teeth. Changes in clinical parameters, including the plaque index, gingival index, calculus index (CI), probing pocket depth, and radiographic bone levels, were evaluated before bonding of fixed retainers and at a 12-month follow-up. Cumulative survival rates (CSRs) for retainer failure were evaluated according to sex, site, CI, stage of periodontitis, and the severity of the irregularity with the log-rank test and hazard ratios (HRs). Results: Twelve months after bonding of fixed retainers, improvements were observed in all clinical parameters except CI and radiographic bone gain. The overall CSR of the retainers with a CI <1 at the 12-month follow-up after bonding of fixed retainers was significantly higher than that of the retainers with a CI ≥1 at the 12-month follow-up (log-rank test; P<0.001). Patients with stage III (grade B or C) periodontitis had a higher multivariate HR for retainer failure (5.4; 95% confidence interval, 1.22-23.91; P=0.026) than patients with stage I (grade A or B) periodontitis. Conclusions: Although fixed retainers were bonded in periodontitis patients, periodontal health was well maintained if supportive periodontal treatment with repeated oral hygiene education was provided. Nonetheless, fixed retainer failure occurred more frequently in patients who had stage III (grade B or C) periodontitis or a CI ≥1 at 12-month follow-up after bonding of fixed retainers.

• 한국복합재료학회:학술대회논문집
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• 한국복합재료학회 2000년도 춘계학술발표대회 논문집
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• pp.76-79
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• 2000

Polymeric composites exhibit highly nonlinear and rate dependent behavior during loading and unloading in off-axis directions. The equilibrium state of stress during loading is lower than the state of stress produced at finite strain rates. The amount of stress relaxation during loading decreases. Interestingly, however, the stress goes up to reach to the equilibrium state of stress for a fixed displacement during unloading. The unloading behavior is quite similar to the loading behavior. The stress relaxation patterns during loading and unloading is also similar, and those depend on the fiber orientation angles and the loading and unloading rates. The AS4/PEEK thermoplastic composite is used to characterize the relaxation behavior for different off-axis angles and loading rates. There exists a transient loading region at the beginning of unloading. The effective stress and effective plastic strain concept is used to establish a master curve of stress recovery pattern for different off-axis angles and unloading rates.