• Journal of the Korean Data and Information Science Society
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• v.24 no.1
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• pp.1-12
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• 2013

In this paper, we introduce a continuous-time risk model where the surplus follows a diffusion process with positive drift while being subject to two types of claims. We assume that the sizes of both types of claims are exponentially distributed and that type I claims occur more frequently, however, their sizes are smaller than type II claims. We obtain the ruin probability that the level of the surplus becomes negative, by establishing an integro-differential equation for the ruin probability. We also obtain the ruin probabilities caused by each type of claim and the probability that the level of the surplus becomes negative naturally due to the diffusion process. Finally, we illustrate a numerical example to compare the impacts of two types of claim on the ruin probability of the surplus with that of the diffusion process in the risk model.

• Structural Engineering and Mechanics
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• v.6 no.7
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• pp.773-784
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• 1998

To assess the collapse risk of transmission line structures subject to natural hazards, it is important to identify what hazard may cause the structural collapse. In Australia and many other countries, a large proportion of failures of transmission line structures are caused by severe thunderstorms. Because the wind loads generated by thunderstorms are not only random but time-variant as well, a time-dependent structural reliability approach for the risk assessment of transmission line structures is essential. However, a lack of appropriate stochastic models for thunderstorm winds usually makes this kind of analysis impossible. The intention of the paper is to propose a stochastic model that could realistically and accurately simulate wind loading due to severe thunderstorms. With the proposed thunderstorm model, the collapse risk of transmission line structures under severe thunderstorms is assessed numerically based on the computed failure probability of the structure.

• Earthquakes and Structures
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• v.5 no.5
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• pp.607-624
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• 2013

In this study the seismic risk assessments of six- and twelve-story staggered wall system structures with three different structural variations were performed. The performances of staggered wall structures with added columns along the central corridor and the structures with their first story walls replaced by beams and columns were compared with those of the regular staggered wall structures. To this end incremental dynamic analyses were carried out using twenty two pairs of earthquake records to obtain the failure probabilities for various intensity of seismic load. The seismic risk for each damage state was computed based on the fragility analysis results and the probability of occurrence of earthquake ground motions. According to the analysis results, it was observed that the structures with added columns along the central corridor showed lowest probability of failure and seismic risk. The structures with their first story walls replaced by beams and columns showed lowest margin for safety.

• Nuclear Engineering and Technology
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• v.49 no.2
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• pp.313-326
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• 2017

The systematic management of plant risk is crucial for enhancing the safety of nuclear power plants and for designing new nuclear power plants. Accident sequence precursor (ASP) analysis may be able to provide risk significance of operational experience by using probabilistic risk assessment to evaluate an operational event quantitatively in terms of its impact on core damage. In this study, an ASP methodology for two operation mode, full power and low power/shutdown operation, has been developed and applied to significant accident precursors that may occur during the operation of nuclear power plants. Two operational events, loss of feedwater and steam generator tube rupture, are identified as ASPs. Therefore, the ASP methodology developed in this study may contribute to identifying plant risk significance as well as to enhancing the safety of nuclear power plants by applying this methodology systematically.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1499-1504
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• 2008

This study shows risk-based evaluation results of casualty accidents for passengers, railway staffs and MOP(Member of public) on the national railway in South Korea. To evaluate risk of these accidents, the hazardous events and the hazardous factors were identified by the review of the accident history and engineering interpretation of the accident behavior. A probability evaluation model for each hazardous event which was based on the accident appearance scenario was developed by using the Fault Tree Analysis (FTA) technique. The probability for each hazardous event was evaluated from the historical data and structured expert judgment. In addition, the severity assessment model utilized by the Event Tree Analysis (ETA) technique was composed of the accident progress scenarios. And the severity for the hazardous events was estimated using fatalities and weighted injuries. The risk assessment model developed can be effectively utilized in defining the risk reduction measures in connection with the option analysis.

• Journal of the Korean Society of Safety
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• v.18 no.2
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• pp.86-91
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• 2003

The utility and the nuclear research institutes in korea have conducted research for improving inefficient requirements in technical specifications using the results of probability risk assessments and informations with risk. However, the guidance for reviewing the improved technical specifications has not been developed. The objective of this study is to develop a decision-making framework for investigating and reviewing the technical documents associated with the to changes of technical specification This study has developed a decision-making framework for reviewing the improvements of the RI-TS(Risk-Informed Technical Specifications). This work may contribute to enhancing both the safety and the efficiency of nuclear power plants by changing Technical Specifications proposed by the utility.

• The Korean Journal of Applied Statistics
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• v.25 no.1
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• pp.81-87
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• 2012

A continuous time risk model is considered, where the premium rate is constant and the claims form a compound Poisson process. We assume that an injection is made, which is an immediate increase of the surplus up to level u > 0 (initial level), when the level of the surplus goes below ${\tau}$(0 < ${\tau}$ < u). We derive the formula of the ruin probability of the surplus by establishing an integro-differential equation and show that an explicit formula for the ruin probability can be obtained when the amounts of claims independently follow an exponential distribution.

• Journal of Environmental Science International
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• v.20 no.3
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• pp.321-327
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• 2011

Bootstrap methods is the computer-based resampling method that estimates the standard errors and confidence intervals of summary statistics using the plug-in principle for assessing the accuracy or uncertainty of statistical estimates, and the BCa method among the Bootstrap methods is known much superior to other Bootstrap methods in respect of the standards of statistical validation. Therefore this study suggests the method of the representation and treatment of uncertainty in flood risk assessment and water resources planning from the construction and application of rainfall frequency analysis model considersing the uncertainty based on the nonparametric BCa method among the Bootstrap methods for the assessement of the estimation of probability rainfall and the effect of uncertainty considering the uncertainty of the parameter estimation of probability in the rainfall frequency analysis that is the most fundamental in flood risk assessement and water resources planning.

• International Journal of Human Ecology
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• v.9 no.2
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• pp.77-92
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• 2008

This study investigates the characteristics of young debtors at risk of repayment problems. A cumulative logistic model is used in order to examine the effects of explanatory variables on the probability for young adults to pay off debt obligations. The following conclusions can be drawn from the results. First, the high indebtedness of young debtors increases the probability of payment delinquency whereas high income by young debtors decreases the probability. Second, financial emergencies that young debtors experienced and payment delinquency are positively related. Finally, financial resources for emergency needs reduced the probability of being delinquency on payment of household debt.

• Journal of Korean Society of Disaster and Security
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• v.7 no.1
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• pp.43-50
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• 2014

Based on the reliability theory, the risk assessment of steel beams is performed by the determination of failure probability. In the calculation, bending, shearing and combined (bending + shearing) modes are examined. The resistance and the loads on the beam are assumed to be normal distribution. To investigate the failure probability changes, total load applied at the mid span of beam is divided into 1 to 1 and 1 to 2 ratio and then these divided loads are placed on the trisected points on beam. The change of boundary conditions at beam ends are also included in the investigation. It shows that failure is governed by the combined mode for the present beams and the second order bound analysis of failure probability is not crucial. On the whole failure probability decreases with increasing end restraints at the beam ends with some exception.