• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.605-613
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• 2020

In unfrictionless markets, one measure of asset pricing is its height of friction. This study develops a three-factor model by loosening the assumptions about stocks without friction, without risk, and perfectly liquid. Friction is used as an indicator of transaction costs to be included in the model as a variable that will reduce individual profits. This approach is used to estimate return, beta and other variable for firms listed on the Indonesian Stock Exchange (IDX). To test the efficacy of friction-adjusted three-factor model, we use intraday data from July 2016 to October 2018. The sample includes all listed firms; intraday data chosen purposively from regular market are sorted by capitalization, which represents each tick size from the biggest to smallest. We run 3,065,835 intraday data of asking price, bid price, and trading price to get proportional quoted half-spread and proportional effective half-spread. We find evidence of adjusted friction on the three-factor model. High/low trading friction will cause a significant/insignificant return difference before and after adjustment. The difference in average beta that reflects market risk is able to explain the existence of trading friction, while the difference between SMB and HML in all observation periods cannot explain returns and the existence of trading friction.

• 소성∙가공
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• 제24권6호
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• pp.381-386
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• 2015

Recently, high-strength-steel sheets have been used extensively for increasing fuel-efficiency and stability in automobiles. A study on the characteristics regarding friction factors is required because high-strength-steel sheets have higher contact pressure at the tool interface as compared to low-strength steel sheets. For the current study, a sheet friction test was used to examine the influence of several factors on friction. The friction tests were performed on two types of sheet steels (SPFC590 and SPFC980) to obtain friction coefficients as a function of contact pressure, surface roughness, lubricant viscosity, and speed. Based on the experimental results for SPFC590 and SPFC980, the friction coefficient decreased with increasing contact pressure, but the friction coefficient increased with increasing surface roughness. Also, the friction coefficient decreased with increasing lubricant viscosity and decreasing speed.

• Tribology and Lubricants
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• 제30권2호
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• pp.108-115
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• 2014

The friction behaviors of bulk amorphous thermal spray coating (BAC) and second phase-reinforced composite coatings using a high velocity oxy-fuel spraying process were investigated using a ball-on-disk test rig that slides against a ceramic ball in an atmospheric environment. The surface temperatures were measured using an infrared thermometer installed 50 mm from the contact surface. The crystallinities of the coating layers were determined using X-ray diffraction. The morphologies of the coating layers and worn surfaces were observed using a scanning electron microscope and energy-dispersive spectroscopy. The results show that the friction behavior of the monolithic amorphous coating was sensitive to the testing conditions. Under lower than normal loads, a low and stable friction coefficient of about 0.1 was observed, whereas under a higher relative load, a high and unstable friction coefficient of greater than 0.3 was obtained with an instant temperature increase. For the composite coatings, a sudden increase in friction coefficient did not occur, i.e., the transition region did not exist and during the friction test, a gradual increase occurred only after a significant delay. The BAC morphology observations indicate that viscous plastic flow was generated with low loads, but severe surface damage (i.e., tearing) occurred at high loads. For composite coatings, a relatively smooth surface was observed on the worn surface for all applied loads.

• Tribology and Lubricants
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• 제34권6호
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• pp.254-261
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• 2018

In order to reduce resistance torque and energy loss, minimizing friction between race surface and rolling elements of a bearing is necessary. Recently, to reduce friction in bearing element, solid lubricant coating for the bearing raceway surface has been receiving much attention. Considering the operating conditions of real bearings, verifying the effect of solid lubricant coatings under extreme conditions of high load that is more than 1 GPa is necessary. In this study, we evaluated the friction and wear characteristics of SUJ2 bearing steels deposited by carbon-based coatings (Si-DLC, ta-C), $MoS_2$ and graphite. In case of $MoS_2$ and graphite coatings, different surface treatments were applied to the coatings to verify the effect of surface treatment. A pin-on-disc type tribotester was used to evaluate the tribological characteristics of the coatings. It was possible to quantitatively estimate the friction and wear characteristics of solid lubricant under dry and lubrication conditions. The carbon-based coatings improved the friction and wear properties of SUJ2 bearing steels under the high load condition, but $MoS_2$ and graphite coatings were not suitable for high load conditions due to its low hardness. Different friction and wear behaviors were found for different substrate surface treatment method. Also, it was confirmed that solid lubricant coatings had a more positive effect than just applying the lubricant for improving the tribological characteristics.

• Tribology and Lubricants
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• 제17권4호
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• pp.267-275
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• 2001

Friction and wear properties of brake friction materials containing different metal fibers (Al, Cu or Steel fibers) were investigated. Based on a simple experimental formulation, friction materials with the same amount of metal fibers were tested using a pad-on-disk type friction tester. Two different materials (gray cast iron and aluminum metal matrix composite (MMC)) were used for disks rubbing against the friction materials. Results front ambient temperature tests revealed that the friction material containing Cu fibers sliding against gray cast iron disk showed a distinct negative $\mu$-v (friction coefficient vs. sliding velocity) relation implying possible stick-slip generation at low speeds. The negative $\mu$- v relation was not observed when the Cu-containing friction materials were rubbed against the Al-MMC counter surface. Elevated temperature tests showed that the friction level and the intensity of friction force oscillation were strongly affected by the thermal conductivity and melting temperature of metallic ingredients of the friction couple. Friction materials slid against cast iron disks exhibited higher friction coefficients than Al-MMC (metal matrix composite) disks during high temperature tests. On the other hand, high temperature test results suggested that copper fibers in the friction material improved fade resistance and that steel fibers were not compatible with Al-MMC disks showing severe material transfer and erratic friction behavior during sliding at elevated temperatures.

• 소성∙가공
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• 제20권2호
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• pp.99-103
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• 2011

Many parameters influence the frictional behavior of steel sheet during stamping. The contact pressure between a die and a sheet during stamping is one of them. Thus, this parameter is investigated for high strength steel (HSS) sheets, which are widely used for auto body panels due to their potential for weight reduction. Since HSS extend the limits of contact pressure for mild steel, the effect of this parameter on friction cannot be ignored. To investigate the influence of contact pressure on the frictional behavior of steel sheets, a flat type of friction test was conducted on three different steel sheets under various contact pressures. For bare steel sheets, the curve representing the relationship between contact pressure and friction coefficient exhibits a U shape. Coated steel sheets show a similar tendency except at low contact pressure. For these materials, when the contact pressure is very low, the friction coefficient slightly increases with pressure before it starts to decrease. The test results show that the effect of contact pressure on frictional behavior of steel sheet is not negligible even for contact pressures that are lower than the strength of HSS sheet.

• 한국윤활학회:학술대회논문집
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• 한국윤활학회 1997년도 제26회 추계학술대회
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• pp.183-190
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• 1997

The wear behaviors of $Al_2O_3-40%TiO_2$ deposited on casting aluminum alloy(ASTM A356) by plasma spray against SiC ball have been investigated experimentally. Friction and wear tests are carried out at room temperature. The friction coefficient of $Al_2O_3-40%TiO_2$ coating is lower than that of pure $Al_2O_3$ coating(APS). It is found that low friction correspond to low wear and high friction to high wear in the experimental result. The thickness of $Al_2O_3-40%TiO_2$ coatings indicated the existence of the optimal coating thickness. It is found that a voids and porosities of coating surface result in the crack generated. As the tensile stresses in coating increased with the increased friction coefficient. The columnar grain of coating will be fractured to achieve the critical stress. It is found that the cohesive of splats and the porosity of surface play a role in wear characteristics. It is suggested that the mismatch of thermal expansion of substrate and coating play an important role in wear performance. Tensile and compressire under thermo-mechanical stress may be occurred by the mismatch between thermal expansion of substrate and coating. This crack propagation above interface is observed in SEM.

• 한국산업융합학회 논문집
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• 제22권5호
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• pp.491-497
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• 2019

Dissimilar friction welding were produced using 15 mm diameter solid bar in superalloy(Alloy718) to chrome molybdenum steel(SCM440) to investigate their mechanical properties. Consequently, optimal welding conditions were n=2000 rpm, HP=60 MPa, UP=120 MPa, HT=10 sec and UT=10 sec when the metal loss(Mo) is 3.5 mm. Acoustic Emission(AE) technique was applied to analyze the dissimilar friction welding of Alloy718 and SCM440. The relationship between the AE parameters and dissimilar friction welding of both material was discussed. In the case of heating time of 6 sec, 10 sec, 14 sec and 20 sec, 5 AE events per 0.5 seconds and energy about $2.7{\times}10^{10}$ were exhibited in heating time. In upsetting time, resulting in various numbers of events per second and very low energy. The frequency range of the signal generated during the heating time was about 200 kHz. However, the upsetting time resulted in a wide range of signals from very low frequency to high frequency of 500 kHz due to rapid plasticity of the material.

• Elastomers and Composites
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• 제54권2호
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• pp.135-141
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• 2019

Polyphenylene sulfide (PPS) was filled with glass fiber (GF), aramid fiber (AF), and solid lubricants to improve the mechanical properties and wear resistance. The addition of GF effectively enhanced the tensile strength, flexural modulus, and impact strength of PPS, while solid lubricants such as polytetrafluoroethylene (PTFE), molybdenum disulfide ($MoS_2$), and tungsten disulfide ($WS_2$) lowered the friction coefficients of the composites to below 0.3. The ball nut and motor pulley of the electric power steering (EPS) were manufactured using the PPS composites, and feasibility was ascertained thereafter by conducting the durability test. The composites filled with GF and AF showed high mechanical strength, but slip occurred at the interface between the pulley and belt while testing above $50^{\circ}C$. When small amounts of lubricants were added, the slip was no longer detected because of the suppression of friction heat. It is realized that the low friction as well as high mechanical properties is important to ensure the reliability of plastic pulleys.

• Steel and Composite Structures
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• 제45권2호
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• pp.231-248
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• 2022

Hybrid Steel-Trussed Concrete Beam (HSTCB) is structural typology suitable for light industrialization. HSTCBs usually cover long span with small depths, which lead to significant amount of longitudinal rebars. The latter make beam-column joints more prone to damage due to earthquake-induced cyclic actions. This phenomenon can be avoided using friction-based BCCs. Friction devices at Beam-to-Column Connections (BCCs) have become promising solutions to reduce the damage experienced by structural members during severe earthquakes. Few solutions have been developed for cast-in-place Reinforced Concrete (RC) and steel-concrete composite Moment Resisting Frames (MRFs), because of the difficulty of designing cost-effective damage-proof connections. This paper proposes a friction-based BCC for RC MRFs made with HSTCBs. Firstly, the proposed connection is described, and its innovative characteristics are emphasized. Secondly, the design method of the connection is outlined. A detailed 3D FE model representative of a beam-column joint fitted with the proposed connection is developed. Several monotonic and cyclic analyses are performed, investigating different design moment values. Lastly, the numerical results are discussed, which demonstrate the efficiency of the proposed solution in preventing damage to RC members, and in ensuring satisfactory dissipative capacity.