• Journal of Intelligence and Information Systems
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• v.22 no.2
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• pp.81-96
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• 2016

As the internet has become widespread and easy to access everywhere, it is common for people to search information via online search engines such as Google and Naver in everyday life. Recent studies have used online search volume of specific keyword as a measure of the internet users' attention in order to predict disease outbreaks such as flu and cancer, an unemployment rate, and an index of a nation's economic condition, and etc. For stock traders, web search is also one of major information resources to obtain data about individual stock items. Therefore, search volume of a stock item can reflect the amount of investors' attention on it. The investor attention has been regarded as a crucial factor influencing on stock price but it has been measured by indirect proxies such as market capitalization, trading volume, advertising expense, and etc. It has been theoretically and empirically proved that an increase of investors' attention on a stock item brings temporary increase of the stock price and the price recovers in the long run. Recent development of internet environment enables to measure the investor attention directly by the internet search volume of individual stock item, which has been used to show the attention-induced price pressure. Previous studies focus mainly on Dow Jones and NASDAQ market in the United States. In this paper, we investigate the relationship between the individual investors' attention measured by the internet search volumes and stock price changes of individual stock items in the KOSDAQ market in Korea, where the proportion of the trades by individual investors are about 90% of the total. In addition, we examine the difference between industries in the influence of investors' attention on stock return. The internet search volume of stocks were gathered from "Naver Trend" service weekly between January 2007 and June 2015. The regression model with the error term with AR(1) covariance structure is used to analyze the data since the weekly prices in a stock item are systematically correlated. The market capitalization, trading volume, the increment of trading volume, and the month in which each trade occurs are included in the model as control variables. The fitted model shows that an abnormal increase of search volume of a stock item has a positive influence on the stock return and the amount of the influence varies among the industry. The stock items in IT software, construction, and distribution industries have shown to be more influenced by the abnormally large internet search volume than the average across the industries. On the other hand, the stock items in IT hardware, manufacturing, entertainment, finance, and communication industries are less influenced by the abnormal search volume than the average. In order to verify price pressure caused by investors' attention in KOSDAQ, the stock return of the current week is modelled using the abnormal search volume observed one to four weeks ahead. On average, the abnormally large increment of the search volume increased the stock return of the current week and one week later, and it decreased the stock return in two and three weeks later. There is no significant relationship with the stock return after 4 weeks. This relationship differs among the industries. An abnormal search volume brings particularly severe price reversal on the stocks in the IT software industry, which are often to be targets of irrational investments by individual investors. An abnormal search volume caused less severe price reversal on the stocks in the manufacturing and IT hardware industries than on average across the industries. The price reversal was not observed in the communication, finance, entertainment, and transportation industries, which are known to be influenced largely by macro-economic factors such as oil price and currency exchange rate. The result of this study can be utilized to construct an intelligent trading system based on the big data gathered from web search engines, social network services, and internet communities. Particularly, the difference of price reversal effect between industries may provide useful information to make a portfolio and build an investment strategy.

• Journal of electromagnetic engineering and science
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• v.5 no.3
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• pp.105-111
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• 2005

This paper presents the basic characteristics of a cutoff cavity-backed aperture antenna with a feed post and a parasitic post inserted parallel to the aperture. It is shown that this type of antenna forcibly resonates the cutoff cavity by adding a single external reactance to the parasitic post. The Galerkin's method of moments is used to analyze integral equations for the unknown electric current on each post and the aperture electric field on the aperture. The value of an external reactance for forced resonance is analytically obtained by deriving a determining equation. Also the current distribution on each post, aperture electric field distributions, and the radiation patterns are discussed. The theoretical analysis is verified by the measured return loss and radiation patterns.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.685-692
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• 2011

DC/DC switching power converters produce DC output voltages from different DC input sources. The converters can be used in regenerative braking of DC motors to return energy back in the supply, resulting in energy savings for the systems containing frequent stops. The current mode DC/DC converter is composed of a PWM (pulse width modulation) controller, a MOSFET, and inductor, etc. Pulse width modulation is applied to control and regulate the total output voltage. It is shown that the variation of threshold voltage at MOSFET and the offset voltage increase caused by radiation effects make the PWM pulse unstable. In the PWM operation, the missing pulses, the changes in pulse width, and a change in the period of the output waveform are studied by simulation program with integrated circuit emphasis (SPICE) and experiments.

• East Asian Journal of Business Economics (EAJBE)
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• v.2 no.4
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• pp.26-47
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• 2014

The paper examined effect of age cohort on life cycle financial planning. A total of 990 questionnaires were distributed with a 55.2% return rate. Seven hypotheses were analysed using hierarchical and ordinary regression analysis. The results revealed that age cohort variables made significant contribution to life cycle financial planning as well as personal orientation towards retirement planning, particularly the younger age cohort. Age cohorts do affect personal orientation towards retirement planning with the confidence level making a significant impact. Current financial resources do have a strong positive impact on consumption for all age cohorts. On the other hand, no significant effect was found between age cohorts and current financial resources but older age cohorts were relatively more significant predictors. The implication was that not only should their individual perceptions of financial planning become an increasingly important part of people's long-term commitment throughout their life-cycle, it must also assume the role as a self-directed life-long learning process, in view of the ever-changing and complicated financial environment.

• Proceedings of the KIEE Conference
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• 2007.11c
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• pp.125-127
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• 2007

Presented increase and so on of switch stress and switching dissipation and EMI that is happened in general PWM converter and in this study to solve problem the resonance energy return to life rate and new active snubber PWM converter because do maximization. Active snubber PWM converter that try adds auxiliary switch and resonance capacitor, diode to existing converter under all switching conditions turn on/off Minimised switching dissipation that occur. Reduced harmonic components absorbing station recovery electric current that happen to snubber diode inserting diode and resistance. And decreased peak current that is happened in auxiliary switch arranging resonance capacitor and inductor properly, Certified effect that efficiency rises about 2.5[%] more than existent PWM converter in rated load through an experiment.

• ETRI Journal
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• v.28 no.4
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• pp.533-536
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• 2006

A distributed Bragg reflector (DBR) laser and a high speed electroabsorption modulator (EAM) are integrated on the basis of the selective area growth technique. The typical threshold current is 4 to 6 mA, and the side mode suppression ratio is over 40 dB with single mode operation at 1550 nm. The DBR laser exhibits 2.5 to 3.3 mW fiber output power at a laser gain current of 100 mA, and a modulator bias voltage of 0 V. The 3 dB bandwidth is 13 GHz. A 10 Gbps non-return to zero operation with 12 dB extinction ratio is obtained. A four-channel laser array with 100 GHz wavelength spacing was fabricated and its operation at the designed wavelength was confirmed.

• The Transactions of the Korean Institute of Electrical Engineers B
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• v.51 no.4
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• pp.174-179
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• 2002

In this paper, the modified simulation algorithms of the Auto Transformer (AT) feeding electric train system were proposed. To obtain terminal voltage of train by using equivalent circuit or the AT feeding system, the iterative method is proposed for which determine the train voltages. The train voltages are iteratively calculated from the system voltage drop and line impedance. In the carte study, the proposed method is verified from actual operation data of the Kwa-Chon line. Also it is verified that the proposed method can be extent to the multi-train simulation tool. The terminal voltage of the multi-train can be calculated by using superposition principle and it is easily applied to the proposed method. Therefore, the proposed method can be a solution for the complexity of the circuit analysis in the existing methods.

• Journal of the Korean Institute of Telematics and Electronics A
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• v.28A no.10
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• pp.791-798
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• 1991

In this paper, microstrip array antenna with the phase lock are designed to consist of main lobe and sidelobe with difference 21.97dB for sharp beam pattern using Tchebyscheff polynominals. Microstrip array antenna with phase lock of 0$^{\circ}$, 45$^{\circ}$, 90$^{\circ}$ are designed, to scan beam for 0$^{\circ}$, 6$^{\circ}$, 12$^{\circ}$ to be 1:2:2:1 for the relative current distribution. The designed microstrip array antenna with phase lock is measured in terms of various characteristics such as return loss, resonant frequency, radiation pattern, bandwidth, beamwidth, and the measurement value and theoretical value agreed with each other. Also, the patch array antenna with the relative current distribution is presented phase shift for beam scanning.

• Proceedings of the KSR Conference
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• 2000.11a
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• pp.636-651
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• 2000

In these days, SNCF replace the connector wire (M-T type) with a dropper has a equivalent role and function of the one in general lines of TGV, and change the connector wire (T-T-M-M-T-T, T-T-M-M-T type, etc) into a New one has more flexible cable in parallel lines (air section air joint, etc) of TGV. The Connector wire has many problems according to a flow of excessive circulation current (or traction current) and a sudden rise of temperature on catenary when electric locomotive is running in high speed. To solve the question at issue of the connector wire in high speed railway catenary system of Fiance, SNCF return their operating experience in TGV lines to design and execution of catenary system Therefore, we have to deal with the question in design and execution of catenary system for kyoungbu HSR line because we will spend a lot of time and more money for maintenance than for construction of that.

• Journal of Korean Foot and Ankle Society
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• v.23 no.3
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• pp.83-90
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• 2019

Achilles tendon rupture is a common sports injury encountered in younger populations. Various treatment methods are used for acute and chronic rupture. Several treatments for each condition are available, each having their advantages and disadvantages. In an acute rupture, surgical treatment may be a priority for younger patients or those wishing a quick return to play, but the long-term functional outcome is similar to non-surgical treatment. In addition, the re-rupture rate shows a slight difference between the two treatments. The clinical outcomes are similar regardless of the surgical treatment, but an accelerated rehabilitation program should be accompanied by good results. In chronic and neglected rupture, surgical treatment is preferred over non-surgical treatment. Treatments are chosen based on the size of the tendon defect. This article reviews the current updates in the treatment of Achilles tendon rupture that will help clinicians choose the appropriate treatment.