• Journal of Navigation and Port Research
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• v.43 no.3
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• pp.166-171
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• 2019

Aids to Navigation(AtoN) Accident can reduce the credibility of AtoN by adding extra works to the administrators, and cause burdens and inconveniences to the users during their navigation leading to social costs (or economic losses). Prior research on social cost estimation model to determine the Encounter cost, Administrative cost and Risk cost on the Aton model was done to estimate the economic losses due to AtoN Accident. However, this research could not provide adequate study results on risk cost estimates. Therefore, this study complements the estimation model presented in the previous study, and the estimated social cost of 249 AtoN Accidents that occurred during the last 10 years (2008-2017) in the Busan Regional Office of Oceans and Fisheries jurisdiction area. The risk cost was estimated using contingent valuation method since the AtoN is a non-market goods. As a result, the social cost of AtoN Accidents for the past 10 years was estimated to total 12.4 billion won including Encounter cost of 3.1 billion won (25.38%), Administrative cost of 1.7 billion won (13.62%), and Risk cost of 7.5 billion won (61.01%).

• Proceedings of the KIEE Conference
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• 2002.07a
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• pp.494-496
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• 2002

본 논문에서는 향후 우리나라에 전자계 규제가 이루어질 경우 국민이 부담해야하는 사회 경제적 비용을 추정하였다. 여기에서 사회 경제적 비용의 추정은 전자계 규제치를 만족하기 위해 선로 지상고만을 조정하였을때 추가되는 건설비용을 기준으로 한 기초적 검토 결과로써 송전선로 표준 모델을 사용하여 예측한 결과 $20{\mu}T$로 기준 설정시 부터 사회 경제적 비용이 발생함을 알 수 있었으며, $10{\mu}T$로 기준 설정 시에는 약 20조원의 추가 비용이 발생할 것으로 예상된다.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.35 no.5
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• pp.1165-1171
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• 2015

Due to the increasing trend of operation and maintenance cost (O&M cost) of infrastructure, the accurate estimation of O&M cost is crucial part to the government. Recent literatures pointed out that gradual climate changes such as average temperature changes, average precipitation changes, and etc. have significant impact on infrastructure O&M cost. This research is intended to develop a long-term O&M cost prediction model of road facilities by considering the impacts of average temperature changes. For this end, the climate change scenarios of Intergovernmental Panel on Climate Change (IPCC)'s $5^{th}$ report are adopted to structure the impact of average temperature changes by using binomial lattice model. The proposed framework is expected to regional government in supporting decisions for road O&M cost.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.41 no.4
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• pp.417-428
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• 2021

Since future maintenance cost estimation of infrastructure involves uncertainty, it is important to make use of a failure prediction model. However, it is difficult for local governments to develop accurate failure prediction models applicable to infrastructure due to a lack of budget and expertise. Therefore, this study estimated the life expectancy of asphalt road pavement of national highways using the Bayesian Markov Mixture Hazard model. In addition, in order to accurately estimate life expectancy, environmental variables such as traffic volume, ESAL (Equivalent Single Axle Loads), SNP (Structural Number of Pavement), meteorological conditions, and de-icing material usage were applied to retain reliability of the estimation results. As a result, life expectancy was estimated from at least 13.09 to 19.61 years by region. By using this approach, it is expected that it will be possible to estimate future maintenance cost considering local failure characteristics.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.28 no.1
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• pp.215-227
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• 2018

As Korea is rapidly becoming an IT powerhouse in the short term, various side effects such as cyber violence, personal information leakage and cyber terrorism are emerging as new social problems. Especially, the seriousness of leakage of personal information, which is the basis of safe cyber life, has been highlighted all over the world. In this regard, it is necessary to estimate the amount of the damage cost due to the leakage of personal information. In this study, we propose four evaluation methods to calculate the cost of damages due to personal information leakage according to average real transactions value, personally recognized value, compensation amount basis, and comparison to similar countries. We analyzed data from 2007 to 2016 to collect personal information leakage cases for 10 years and estimated the cost of damages. The number of cases used in the estimation is 65, and the total number of personal information leakage is about 430 million. The estimated cost of personal information leakage in 2016 was estimated to be at least KRW 7.4 billion, up to KRW 220 billion, and the 10 year average was estimated at from KRW 10.7 billion to KRW 307 billion per year. Also, we could find out the singularity that the estimated damage due to personal information leakage increases every three years. In the future, this study will be able to provide an index that can measure the damage cost caused by the leakage of personal information more accurately, and it can be used as an index of measures to reduce the damage cost due to personal information leakage.

• Journal of Korean Society of societal Security
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• v.4 no.2
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• pp.57-64
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• 2011

Although it is uncertain that the cause of changed pattern of the natural disaster related to water (i.e. flood and drought) is due to excessive carbon dioxide yielded from economic activity or the increased number of sunspots, it is apparent that there have been unusual climate change that directly affects the water resource management. Due to such a frequent unusual weather activities, there have been increased natural disaster and the most direct and major reason is considered as climate change. As we see, the climate change necessarily causes social costs. Especially, the effects on the water resource due to flood and drought take the considerable part of such costs. Therefore, this study is basic work to develop a new economic analysis technique to be used in pursuing appropriate adaptation project in field of the amount of cost damage through analysis of the effects of the climate change on the water resource. The models appeared in many reports for cost assessment of climate change were various (e.g., PAGE, DICE, AIM, IMAGE, MERGE, and etc.) and this report summarizes general characteristics of each model. To assess the effects of climate change of the water management, we defined the field of the water management on climate change. The results help post-study in field of the climate change's social-economic effect assessment, can be employed for the prioritizing process of the national fund's investment.

• Journal of Korean Society of Forest Science
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• v.81 no.3
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• pp.280-286
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• 1992

When the social cost-benefit analysis is applied for analyzing the public forestry investment, the choice of discount rate to be used in analysis is critical. In this paper, the social discount rate discussed in the public economics was introduced and the social time preference rate as a measure of that was estimated for Korea. The component parameters of the model used are : the elasticity of social marginal utility of consumption and the growth rate of real consumption. The results for the social time preference rate and the elasticity of social marginal utility of consumption are 6.2% and -1.38, respectively, which are plausible and thus can be used as a useful basis in establishing rational resource allocation policies.

• Proceedings of the Korea Water Resources Association Conference
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• 2009.05a
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• pp.1361-1364
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• 2009

최근 몇 년동안 지속가능하고 효과적인 수자원 관리는 전체적인 접근방법이 요구되고 있으며, 사회와 경제발전과 생태계 보호 및 토지이용과 수자원 이용의 적절한 관리와 연결된 개념이 필요하다. 이러한 관점에서 유역을 간단한 고정된 지역적인 문제라고 생각하는 것보다 전체로서의 유역 기능을 개선하는데 노력이 필요하다. 또한 사회와 경제발전으로 인해 도시화, 여가 관광지역 및 사회기반시설의 확장 그리고 자연환경의 변화가 발행하고 있다. 효과적인 토지이용 배분과 자연지역의 보호도 중요하지만 잠재적인 홍수피해 저감도 중요한 문제이다. 토지이용의 변화는 많은 이해관계자들로부터 유발되는 문제이기 때문에 거시적인 관점에서 고려되어야 한다. 본 논문은 다양한 관계자와 자연환경과의 연결과 상호작용 유형을 이해하고 다양한 정책선택과 자연환경 상태가 토지이용 변화에 미치는 영향을 이해하고자 한다. 인간의 활동으로 인해 발생하는 토지이용의 변화를 모의하기 위해서 행위자기반모형(Agent based Model, ABM)으로 접근하고자 한다. ABM은 유역관리의 이해당사자간의 정책과정을 도출하고 다양한 유역관리 대안을 평가하기 위해서 홍수위험, 자연개발 및 비용과 같은 유역관리의 영향을 설명하는 통합된 유역모델이다. 여기서 토지이용은 경제적, 지형학적 상황, 공간계획 및 홍수방어정책에 좌우되며, 토지의 속성과 규칙을 통해 토지이용이 선택되게 된다. 본 모형을 통해 공간적으로 분포된 행위자의 운영을 기반으로 종합적인 토지이용 패턴을 분석하였다, 이를 통해 토지이용 결정에 영향을 주는 인자를 추정하여 통합홍수관리 목적에 맞는 관리 대책의 결정 및 설계를 가능토록 하였다.

• International Journal of Highway Engineering
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• v.13 no.4
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• pp.167-175
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• 2011

Evaluation of fuel consumption for the various road condition and vehicle type is necessary to perform the economic analysis of road construction which is important for the efficient design and management of road. Economic analysis of road should consider the social cost which can be divided into agency cost including initial construction expense, maintenance cost, and so on, and user cost consisting of vehicle operating cost, congestion cost, etc. Since vehicle operating cost depends on the traffic volume, fuel consumption that is a major part of vehicle operating cost will change by traffic volume as well. Fuel consumption is significantly affected by vehicle speed and road condition, especially the roughness. Thus, fuel consumption should be evaluated in terms of road condition, which is not currently considered. In this study, the estimation model of fuel consumption for the passenger cars in Korea has been developed by considering the road condition. First, the relationship between vehicle speed and fuel consumption that is used to calculate the vehicle operating cost for investment evaluation of transportation facility and the initial feasibility study of road construction was investigated. Second, with the consideration of road roughness, fuel consumption of the passenger car was measured. From the measurement, it was found that fuel consumption increased by $80m{\ell}$ per 100km driving as the roughness increased by 1m/km. Therefore, it is recommended that for the economic analysis of road design and management, the fuel consumption should be a function of road roughness.

• Journal of Intelligence and Information Systems
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• v.24 no.3
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• pp.177-198
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• 2018

Recently, as economic property it has become necessary to acquire and utilize the framework for water resource measurement and performance management as the property of water resources changes to hold "public property". To date, the evaluation of water technology has been carried out by feasibility study analysis or technology assessment based on net present value (NPV) or benefit-to-cost (B/C) effect, however it is not yet systemized in terms of valuation models to objectively assess an economic value of technology-based business to receive diffusion and feedback of research outcomes. Therefore, K-water (known as a government-supported public company in Korea) company feels the necessity to establish a technology valuation framework suitable for technical characteristics of water resources fields in charge and verify an exemplified case applied to the technology. The K-water evaluation technology applied to this study, as a public interest goods, can be used as a tool to measure the value and achievement contributed to society and to manage them. Therefore, by calculating the value in which the subject technology contributed to the entire society as a public resource, we make use of it as a basis information for the advertising medium of performance on the influence effect of the benefits or the necessity of cost input, and then secure the legitimacy for large-scale R&D cost input in terms of the characteristics of public technology. Hence, K-water company, one of the public corporation in Korea which deals with public goods of 'water resources', will be able to establish a commercialization strategy for business operation and prepare for a basis for the performance calculation of input R&D cost. In this study, K-water has developed a web-based technology valuation model for public interest type water resources based on the technology evaluation system that is suitable for the characteristics of a technology in water resources fields. In particular, by utilizing the evaluation methodology of the Institute of Advanced Industrial Science and Technology (AIST) in Japan to match the expense items to the expense accounts based on the related benefit items, we proposed the so-called 'K-water's proprietary model' which involves the 'cost-benefit' approach and the FCF (Free Cash Flow), and ultimately led to build a pipeline on the K-water research performance management system and then verify the practical case of a technology related to "desalination". We analyze the embedded design logic and evaluation process of web-based valuation system that reflects characteristics of water resources technology, reference information and database(D/B)-associated logic for each model to calculate public interest-based and profit-based technology values in technology integrated management system. We review the hybrid evaluation module that reflects the quantitative index of the qualitative evaluation indices reflecting the unique characteristics of water resources and the visualized user-interface (UI) of the actual web-based evaluation, which both are appended for calculating the business value based on financial data to the existing web-based technology valuation systems in other fields. K-water's technology valuation model is evaluated by distinguishing between public-interest type and profitable-type water technology. First, evaluation modules in profit-type technology valuation model are designed based on 'profitability of technology'. For example, the technology inventory K-water holds has a number of profit-oriented technologies such as water treatment membranes. On the other hand, the public interest-type technology valuation is designed to evaluate the public-interest oriented technology such as the dam, which reflects the characteristics of public benefits and costs. In order to examine the appropriateness of the cost-benefit based public utility valuation model (i.e. K-water specific technology valuation model) presented in this study, we applied to practical cases from calculation of benefit-to-cost analysis on water resource technology with 20 years of lifetime. In future we will additionally conduct verifying the K-water public utility-based valuation model by each business model which reflects various business environmental characteristics.