• Title/Summary/Keyword: 반영비

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선물 만기효과를 고려한 주가지수 선물의 헤지효율성

  • Yu, Il-Seong
    • The Korean Journal of Financial Studies
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    • v.5 no.1
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    • pp.165-190
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    • 1999
  • 본 논문에서는 KOSPI 200 주가지수 선물의 만기효과와 베이시스의 행태를 체계적으로 헤지 의사결정에 반영하기 위한 몇 가지 방법을 실증분석하였다. 우선 베이시스의 동태적 운동형태를 명시적으로 설정하지 않고 통계적인 방법을 통하여 헤지해제시점이 선물만기에 접근함에 따라 베이시스가 변동되는 양상을 반영한 헤지비율을 산출한다. 그 다음에는 헤지기간 전체에 걸친 베이시스의 운동형태를 명시적으로 설정하여 이에 입각한 헤지비율을 계산한다. 명시적인 베이시스의 운동형태는 비확률적인 과정과 확률적인 과정으로 다시 구분하고, 이 각각에 입각하여 최적헤지활동을 결정한다. 모든 헤지활동은 가장 최근까지의 정보를 이용하여 사전적으로 미래 헤지기간에 대한 의사결정을 하게 된다. 그러한 헤지활동의 사후적인 결과는 베이시스 행태를 별도로 고려하지 않고 단순선형회귀분석만을 이용하여 산출된 헤지성과와 비교되고, 변동성 감소 및 손실감소의 측면에서 각 접근방법이 가지는 특징 및 효율성을 평가한다. 실증 분석 결과, 헤지의 성과를 제고하기 위하여 선물의 만기효과와 베이시스의 행태변화를 체계적으로 반영한 세 가지의 시도 중 어느 것도 위험-수익의 2차원적인 비교에서 베이시스의 행태변화를 명시적으로 반영하지 않은 전통적 단순회귀분석을 압도하지 못하였다.

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Performance Analysis of Singularity-Free 3-DOF Parallel Haptic Device with Redundanct Acutation (여유구동을 지닌 무특이점 병렬형 3 자유도 햅틱기구의 성능행석)

  • Kim, Tae-Joo;Chung, Goo-Bong;Lee, Jae-Hoon;Yi, Byung-Ju;Suh, Il-Hong
    • Proceedings of the KIEE Conference
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    • 2003.07d
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    • pp.2396-2398
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    • 2003
  • 세 개의 체인으로 구성된 병렬형 3 자유도 기구는 특이점을 지님으로 인하여 햅틱기구로 활용시 불특정한 힘반영으로 인해 제한요소가 발생한다. 본 논문은 여유구동을 활용함으로써 특이점을 해소하고, 힘반영의 크기를 증가시킴으로써 햅틱기구의 성능을 향상시키는 것을 목적으로 한다. 또한 여유구동 모터를 베이스에 부착함으로써 관성력을 최소화 시키고, 와이어와 기어비를 활용하여 부드럽고 큰 힘반영 능력을 가능케 했으며, 시뮬레이션을 통해 힘반영 성능을 확인하였다.

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An Analysis on the Units of 'Adolescence Self-Management' and 'Adolescence Consumption Life' in Technology.Home Economics Textbooks Used in Middle Schools: Focusing on How the Emphasis of the 2007 Curriculum Revision is Reflected (중학교 1학년 기술.가정 교과서의 '청소년의 자기관리'와 '청소년의 소비생활' 단원 분석: 2007개정 교육과정의 강조점 반영을 중심으로)

  • Lee, Yon-Suk
    • Journal of Korean Home Economics Education Association
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    • v.22 no.3
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    • pp.55-75
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    • 2010
  • The purpose of this study is to analyze how the emphasis of the 2007 curriculum revision is reflected on the units of 'Adolescence Self-Management' and 'Adolescence Consumption life' in the Technology·Home Economics textbooks that are used in middle school from this year. The entry style of large, middle, and small units, the objectives statements, the main contents, the activities, illustrations/tables/pictures, the supplemental materials, and the ending style of middle and large units of 12 Technology·Home Economics textbooks were analyzed. Among the several specific emphasis in the 2007 curriculum revision, 3 major emphasis were selected. The 3 major emphasis that were selected were: practical reasoning process, sustainable consumption life, and career education. How these 3 emphasis were reflected in the various parts of the 12 textbooks were analyzed using the criteria found in the literature. The purpose of this study is to analyze how the emphasis of the 2007 curriculum revision is reflected on the units of 'Adolescence Self-Management' and 'Adolescence Consumption life' in the Technology·Home Economics textbooks that are used in middle school from this year. The entry style of large, middle, and small units, the objectives statements, the main contents, the activities, illustrations/tables/pictures, the supplemental materials, and the ending style of middle and large units of 12 Technology·Home Economics textbooks were analyzed. Among the several specific emphasis in the 2007 curriculum revision, 3 major emphasis were selected. The 3 major emphasis that were selected were: practical reasoning process, sustainable consumption life, and career education. How these 3 emphasis were reflected in the various parts of the 12 textbooks were analyzed using the criteria found in the literature.

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Modeling the Effect of Consideration Set-Based Reference Price: Empirical Bayes & Latent Class Approach (고려상품군을 반영한 준거가격효과의 모형화: Empirical Bayes & Latent Class Approach)

  • Chang, Kwangpil
    • Asia Marketing Journal
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    • v.8 no.1
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    • pp.1-17
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    • 2006
  • A couple of previous studies have warned against the use of homogeneous choice models in assessing the effect of reference price since unaccounted for response heterogeneity may result in spurious reference price effects(Chang, Siddarth and Weinberg 1999; Bell and Lattin 2000). According to Meyer and Kahn(1991), not accounting for consideration set heterogeneity may also bias the effect parameters in the choice model. Therefore, failure to account for these two sources of bias, in fact, have cast doubt on the empirical support for reference price effects in general. In view of aforementioned potential sources of bias, the author investigates the robustness of loss aversion effect in the reference-dependent model after accounting for heterogeneity in response as well as consideration set. The proposed model defines individual household's consideration set based on the posterior distribution of preference obtained from the Empirical Bayes approach. In addition, the same posterior distribution is used to form household-specific reference prices. Response heterogeneity correction is carried out via the Latent Class approach. The proposed model outperforms the Reference-Dependent model that includes the reference price measure most often employed in the previous studies. This implies that as a way of simplifying decision task, consumers restrict their consideration set to a subset of available brands not only in making a brand choice but also in forming reference prices.

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A Force Reflecting and Compliant Control for Heavy-Duty Power Telemanipulators with Control Input Saturation (제어입력 포화를 고려한 고하중 원격조작기의 힘반영 유연성 제어)

  • An, Seong-Ho;Yun, Ji-Seop;Lee, Sang-Jeong
    • Journal of the Institute of Electronics Engineers of Korea SC
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    • v.37 no.5
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    • pp.22-33
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    • 2000
  • Since the heavy-duty power manipulator generally has high ratio gear reducers at its joints, its dynamic characteristics is much slower than that of the master manipulator and it is likely to encounter the saturation in the input magnitude when it is used as the slave manipulator in telemanipulation systems. This paper proposes a force reflecting and compliant control scheme for the heavy-duty power telemanipulator. The main advantage of the proposed scheme is that it provides a precise position and compliant control performance for a telemanipulator with control input saturation. The stability of the proposed scheme is analyzed and a series of experiments shows its performance.

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Instruction-level Power Model for Asynchronous Processor, A8051 (비동기식 프로세서 A8051의 명령어 레벨 소비 전력 모델)

  • Lee, Je-Hoon
    • The Journal of the Korea Contents Association
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    • v.12 no.7
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    • pp.11-20
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    • 2012
  • This paper presents new instruction-level power model for an asynchronous processor, A8051. Even though the proposed model estimates power consumption as instruction level, this model reflects the behavioral features of asynchronous pipeline during the program is executed. Thus, it can effectively enhance the accuracy of power model for an asynchronous embedded processor without significant complexity of power model as well as the increase of simulation time. The proposed power model is based on the implementation of A8051 to reflect the characteristics of power consumption in A8051. The simulation results of the proposed model is compared with that of gate-level synthesized A8051. The proposed power model shows the accuracy of 94% and the simulation time for estimation the power consumption was reduced to 1,600 times.

정유산업 위기의 배경

  • Lee, Hoe-Jeong
    • Korea Petroleum Association Journal
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    • no.9 s.7
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    • pp.34-39
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    • 1981
  • 석유의 원활한 수급과 정유산업의 재무구조를 개선하기 위해 정제비의 현실화 적정이윤의 반영 가격구조의 개선 비축에 대한 지원등 근본적이 정책조정이 필요하다.

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Performance-based Tracing Non-Functional Requirements of Embedded Software (내장형 소프트웨어의 비기능적 요구사항 성능 중심 추적)

  • Choi Jung-A;Chong Ki-Won
    • Journal of KIISE:Software and Applications
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    • v.33 no.7
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    • pp.615-623
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    • 2006
  • A non-functional requirement is a property or quality that the proposed systems have to support the functional requirements. A non-functional requirement is reflected by quality attribute These non-functional requirements playa crucial role during system development, serving as selection criteria for choosing among decisions. It should be continuously considered through the software development process. In spite of the importance of the non-functional requirements, it received little attention because of ambiguousness and invisibility of non-functional requirements. Therefore non-functional model which is a process to analyze the non-functional requirement is proposed for improving the management efficiency of non-functional requirements. Also, this paper presents the trace among the UML diagrams to the conceptual model. According to the non-functional requirement development process, this paper achieved performance-based case study. After then, non-functional requirement should be traced using the UML diagrams.

The Improvement of Tunnel Construction Cost Standards Considering the Site Conditions in Korea (현장실태를 고려한 국내 터널공사 공사비산정기준 개선)

  • Ahn, Bang-Ryul;Lee, Han-Soo;Oh, Jae-Hoon;Song, Tae-Seok
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.8
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    • pp.26-35
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    • 2020
  • Tunnel construction is an important part of Korean public construction projects. Although the development of various equipment and technologies has led to advances in tunnel construction methods that are implemented on sites, the cost standards related to such works do not yet reflect the realities of the construction sites. A literature review and site surveys were conducted to suggest reasonable cost standards for tunnel work that reflects the realities of the field. First, each item in the cost standards for tunnel work, as established in the Construction Standard Production Rates, were analyzed. The results were compared with the actual costs implemented on tunnel projects. The key items analyzed included those regarding the work cycle time, such as rock classification, profiling survey, drilling speed, and muck-disposal processing equipment combination, as well as the number of people put to tunneling work. Based on the site survey results, improved estimates regarding the cycle time per one tunnel drilling blast, drilling speed of the machine, muck disposal processing equipment combination, and the number of people put to tunneling work were suggested. This study suggests the cost standards that reflect the realities of tunneling sites. The results are expected to help ensure adequate costs for tunnel construction projects.

Development of Electrical Construction Cost Index Applied Chain-Weighted Method (연쇄방식 전기공사비지수 개발에 관한 연구)

  • Park, Houng-Hee;Choi, Seung-Dong;Hyun, So-Young;Park, Min-Young
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.5
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    • pp.49-60
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    • 2014
  • Electrical construction cost index has been applied fixed-weighted method. But fixed-weighted method can't faithfully reflect industrial structure changes. Because the weighted value and price index of fixed-weighted method is fixed on the basic period. Electrical construction cost index is composed of the cost of labor and material. So it fluctuates sharply whenever the construction association of korea announces the laborer's wage of electrical construction. And it depends on only the producer price index changes that is related to electrical construction since then. So a study is focused on developing electrical construction cost index applied chain-weighted method. Because chain-weighted method can reflect the realities of the electrical construction and alleviate the sudden changes of labor cost with link index. We verify that chain-weighted method relieves the step states of electrical construction cost index applied fixed-weighted method.