• Journal of the Korean Society for Industrial and Applied Mathematics
• /
• v.19 no.1
• /
• pp.23-45
• /
• 2015

We consider counterparty risk in CDS rates. To do so, we use a multivariate jump diffusion process for obligors' default intensity, where jumps (i.e. magnitude of contribution of primary events to default intensities) occur simultaneously and their sizes are dependent. For these simultaneous jumps and their sizes, a homogeneous Poisson process. We apply copula-dependent default intensities of multivariate Cox process to derive the joint Laplace transform that provides us with joint survival/default probability and other relevant joint probabilities. For that purpose, the piecewise deterministic Markov process (PDMP) theory developed in [7] and the martingale methodology in [6] are used. We compute survival/default probability using three copulas, which are Farlie-Gumbel-Morgenstern (FGM), Gaussian and Student-t copulas, with exponential marginal distributions. We then apply the results to calculate CDS rates assuming deterministic rate of interest and recovery rate. We also conduct sensitivity analysis for the CDS rates by changing the relevant parameters and provide their figures.

• Journal of the Korean Society of Combustion
• /
• v.6 no.2
• /
• pp.43-49
• /
• 2001

Instantaneous, three-dimensional scalar dissipation rates of the reaction progress variable are measured in turbulent premixed Bunsen flames of lean hydrocarbon/air mixtures with the two-sheet, two-dimensional Rayleigh scattering technique. The flames investigated are located in the turbulent flame-front regime on a newly proposed combustion diagram for premixed flames. The conditionally-averaged mean scalar dissipation rates, $N_{\zeta}$ are found to be lower than the calculated laminar values, indicating a locally broadened flame front. In agreement with previous measurements, the maximum of $N_{\zeta}$, decreases strongly with increasing Karlovitz numbers. The conditional probability density functions are close to a log-normal distribution for scalar dissipation rates conditioned at the progress variable value where the scalar dissipation is maximum in unstretched laminar flame calculations. The time scale for the Favre-averaged mean scalar dissipation rate decreases in general across the turbulent flame brush from the unburnt to burnt side.

• Magazine of the Korean Society of Agricultural Engineers
• /
• v.30 no.2
• /
• pp.95-104
• /
• 1988

This study refers to the development of a hydrologic model simulating daily inflow and release rates for inigation reservoirs. A daily - based model is needed for adequate operation of an irrigation reservoir sufficing the water demand for paddy fields which is closely related to meteorological conditions. And the objective of this study is to develop a reservoir release rate model and then to calibrata the parameters. The release rates model considers daily water demands , water supply for transplanting, minmum release for maintaining canal flow, and maxirnun and regular flooding depth for determining effective rainfall on paddy fields. Each of the factors in the model was regarded as a lumped pararuter representing the average condition of a whole irrigated area. The water demand was estimated form the potential evapotranspiration by Penman method, the effective rainfall, and the infiltration on paddy fields. The release model was found to be capable of adequately simulating daily reservoir releases based on meteorological data.

• Journal of the Korean Institute of Navigation
• /
• v.2 no.1
• /
• pp.1-13
• /
• 1978

A liner ship has its own freight rates on cargoes carried in the trade. This study is on the optimum combination of high and low paying cargoes to deduce the maximum freight revenue in various freight rates at the comparison of low paying freight rate with high paying freight rate in a liner trade. The solution is under the assumption that the probabilities of being booked of high paying cargoes are either a uniform distributiion or a normal distribution. A numerical solution is also used for deriving out the maximum freight revenue which will not have general solution, and also a numerical method is applied for the further-practical results of the clearer relations between high and low freight rates. From the result, we can expect a higher revenue by appropriate combination of high and low freight cargoes according to their freight rates comparison.

• Communications for Statistical Applications and Methods
• /
• v.4 no.1
• /
• pp.139-149
• /
• 1997

For split plot designs exact univariate F tests of the within-subjects main effect are based on the assumption of multisample sphericity. Type I error rates and power are reported for the F test and two tests designed for use when multisample sphericity is violated: the $\widetilde{\xi}$-adjusted test and the Corrected Improved General Approximation(CIGA) test.The results indicate that even though the F test and the $\widetilde{\xi}$-adjusted test have better power than the CIGA test in some conditions, the F test and the $\widetilde{\xi}$-adjusted test do not control Type I error rates when the design is unbalanced and the F test dose not have a good control of Type I error rates when sphericity assumption is severely violated.

• Journal of Environmental Science International
• /
• v.21 no.6
• /
• pp.713-724
• /
• 2012

Emission rates of biogenic hydrocarbon emitted from broad-leaved trees grown at Jeju Island were estimated using a dynamic enclosure method. Leaf temperature, PAR and relative humidity were monitored during the sampling time. The emission rates of isoprene and monoterpene were measured for five plants(Carpinus laxiflora, Quercus serrata, Styrax japonicus, Quercus acutissima, Quercus crispula) during the sampling period at the Halla mountain sites. Among five tree species, the highest isoprene emission rate of 10.60 ${\mu}g\;gdw^{-1}hr^{-1}$ was observed for Quercus serrata. The seasonal emission rates were the highest during summer and the emission of isoprene was highly affected by light and temperature variations. The highest emission rate of isoprene was occurred between 13:00 and 14:00, but isoprene was not emitted in nighttime because of the absence of light.

• Journal of Environmental Science International
• /
• v.13 no.1
• /
• pp.69-77
• /
• 2004

In this study, sulfate reduction reaction was used to increase the decomposition of organics, which is the most critical factor for the stabilization of a landfill site. Composite of sewage sludge, papers, and incineration ashes was used in the column. The experimental results indicated that out of 10 reactors, the reactors 3, 4, 8. and 9 showed higher organics (i.e., TOC) removal rate than that in the absence of sulfate. The organics removal rates (K) in R3 and R9 were 8.65e$\^$-4/d and 3.82e$\^$-4//d, respectively. The times to reach 10％ of initial concentrations in R3 and R9 was 7.3 and 16.5 years, respectively, showing faster organics decomposition rates in these reactors.

• International Journal of Fluid Machinery and Systems
• /
• v.1 no.1
• /
• pp.101-108
• /
• 2008

The effect of Reynolds number on the performance of a regenerative pump was examined in a low Reynolds number range in experiment. The head of the regenerative pump increased at low flow rates and decreased at high flow rates as the Reynolds number decreased. The computation of the internal flow was made to clarify the cause of the Reynolds number effect. At low flow rates, the head is decreased with increasing the Reynolds number due to the decrease of the shear force exerted by the impeller caused by the increase of leakage and hence local flow rate. At higher flow rates, the head is increased with increasing the Reynolds number with decreased loss at the inlet and outlet as well as the decreased shear stress on the casing wall.

• Speech Sciences
• /
• v.12 no.1
• /
• pp.45-51
• /
• 2005

The purpose of this study is to compare disfluencies and speech rates (overall speech rate and articulation rate) of normal adult speakers who use the standard Korean according to dissimilar speech tasks (story-telling and text-reading). Participants were 100 Korean adult speakers. The results are summarized as follows: First, the most frequent type of disfluency in the story-telling task was 'interjection', whereas that in the text-reading task was 'revision'. Second, the overall speech rates (syllables per second and syllables per minute) showed significant differences depending on the speech tasks. Third, the articulation rates (syllables per second and syllables per minute) showed significant differences depending on the speech tasks.

• ETRI Journal
• /
• v.10 no.4
• /
• pp.146-160
• /
• 1988

The purpose of the present study is to build a model to determine the structure of long-term quasi-optimal rates of local and toll telephone services. The outline of this study is as follows : Telephone business, providing social goods, is capital-intensive industry which needs huge fixed cost to operate exchanges and telephone networks nationwide. The nature of above industry justifies the market structure of telephone business to be natural monopoly and makes a good reason for government's direct regulation, that is, price regulation. Three is a gap between the present rates and the quasi-optimal ones because some administrative processes intervene in rate making process before execution. On the above diagnostic basis, the present study made an empirical test for the optimality of present rates structure in connection with Ramsey-Boiteux model to maximize the sum of producer's and consumer's surplus and also the current study proposed a qusasi-optimal rates structure for better market performance. From the empirical analysis, we can deduce a policy recommendation the local price should be increased to 47% whereas toll price decreased to 24% in order to improve the net welfare worth of 32.6 billion won.