• International Area Studies Review
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• v.13 no.2
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• pp.505-523
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• 2009

We study the cost of capital of Islamic enterprise using the Capital Asset Pricing Model(CAPM). When there exists no risk-free interest rate, the security market line(SML) of Islamic enterprise shows an upward slope starting from the origin. The slope is bigger than that of SML with risk-free interest rate. This is because the cost of capital of Islamic enterprise is higher than that of western firms for the same level of systematic risk. When the effect of zakat is considered, the risk-free interest rate is replaced by minimum required rate of return. The SML of Islamic enterprise reveals an upward slope but it does not pass through the origin. This is because Islamic enterprise cannot invest on risk-free asset. In order to overcome the theoretic limits of CAPM, we propose to use multi-factor approach such as arbitrage pricing model instead of single-factor model for future study.

• The Journal of Korean Philosophical History
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• no.59
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• pp.241-260
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• 2018

The purpose of this paper is to explore Buddhist interpretation of Jeong Mong-joo, a Confucian scholar of the late Goryeo Dynasty. Buddhism in the latter part of the Goryeo Dynasty was no longer able to exercise the social purity of the national spirit and culture. In this situation, Neo-Confucian was gradually accepted. Thus, a change of ideology was made from Buddhism to Confucianism. Jeong Mong-joo's academic world was based on the fundamental scriptures of Confucianism. Jeong Mong-joo was especially well versed on the Book of Changes in the fundamental scriptures of Confucianism. Jeong Mong-joo emphasized the Book of Changes as the basis of the Buddhist interpretation. Jeong Mong-joo met the doctrines through various Buddhist scriptures. He was interested in Buddhism. There were not a few meetings and social gatherings with Buddhist monks. For this reason, Jeong Mong-joo cannot ignore his connection with Buddhism. On the other hand, Jeong Mong-joo is characterized by his understanding of Buddhism and his critical consciousness as Confucianist.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.5 no.1
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• pp.37-50
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• 1995

The smart card with the cryptography and VLSI technologies makes it possible to implement the electronic cash easily. A number of electronic each schemes have been proposed by many cryptographic researchers. In this paper, we propose a practical electronic cash system, using blind digital signature scheme. Schnorr's authentication scheme based on the discrete logarithm problem, and the hierarchical cash tree based on two one-way hash functions for dividable payment. Thisf electronic cash scheme has such properties as privacy of the payment, off-line payment, non-reuseability of cash, transferability of cash to another customer, and dividable payment of cash. This electronic cash protocol is well suited for implementing in smart card.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.22 no.1
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• pp.131-139
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• 2012

The cloud storage has the client lend and use the device as a form of service rather than owning it, and thus the client pays the charge for the service that he or she actually uses, making it beneficial over the self-managed data center. When the storage service is provided on public cloud, however, the clients does not have any control over the user data, which brings a problem of violating data confidentiality. In this paper, we propose a gateway that works between the public cloud and the client for the purpose of guaranteeing the confidentiality of user data stored in cloud. The gateway encrypts or decrypts, and then delivers the user data without the client's intervention. In addition, it provides the function of exchanging keys to allow the client to access through another gateway. The proposed idea has been tested on a commercial public cloud and verified to satisfy security and compatibility.

• Knowledge Management Research
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• v.22 no.2
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• pp.55-76
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• 2021

The real estate market is a representative imperfectly competitive market. Real estate information is characterized by being collected and utilized in a closed environment, and market participants have to pay a lot of time, effort, and costs to acquire such information. Korea's real estate public data is increasing year by year, but it is scattered by relevant ministries. So it is difficult to search and analyze, and the level of development of the industry using it is low. In the recent 4th industrial revolution, the proptech industry has developed as an industry to efficiently provide necessary information to the real estate market. In this study, based on the case of major companies in the real estate platform field among proptech companies, we looked at the types of information provided to users, and on the contrary, explored ways to utilize the data collected from users. The results of this study are expected to provide theoretical and practical implications for ways to reduce information asymmetry in the real estate market and contribute to the development of the real estate industry.

• Environmental and Resource Economics Review
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• v.30 no.1
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• pp.1-26
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• 2021

This paper aims to examine economic values of green spaces for non-Capital areas that have been rarely studied. Choice experiments were applied to two dissimilar but adjoining areas: The City of Jeonju and Wanju County. Split-sample surveys allowed to compare between apartment dwellers and single- or multi-family house dwellers, and across differing types of green spaces. According to the results, significant and substantial preferences might prevail not only for large cities, but also for agricultural areas. The mean willingness-to-pay (WTP) values of apartment dwellers for the view of a river/lake or mountain were generally smaller than those of Seoul, while the overall access values showed the opposite relationships. House dwellers in Jeonju showed substantially larger economic values for green spaces than those of the counterparts in Seoul, except for the access value of a river/lake. The findings grant follow-up studies investigating the reasons for the anomalous preferences particularly in Jeonju and identifying new management policies for non-Capital areas.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.19 no.6
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• pp.192-207
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• 2020

In industrial fields like big factories, efficient management of resources is critical in terms of time and expense. So, inefficient management of resources leads to additional costs. Nevertheless, in many cases, there is no proper system to manage resources. This study proposes a system to manage and track large-scale resources efficiently. We attached Bluetooth 5.0-based beacons to our target resources to track them in real time, and by saving their transportation data we can understand flows of resources. Also, we applied a diagonal survey method to estimate the location of beacons so we are able to build an efficient and accurate system. As a result, We achieve 47% more accurate results than traditional trilateration method.

• The Journal of the Korea Contents Association
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• v.21 no.4
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• pp.96-110
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• 2021

Korea is faced with the challenge of adapting to the world's fastest - growing low birthrate, aging society, and low growth with low interest rate era. With low fertility and aging population, the factors of financial income of health insurance are decreasing, and the increase of public interest in health, high cost medical technology and the development of medicine are leading to increase expenditure of health insurance. In this study, I will examine the strengthen protection of health insurance, financial stabilization, and fairness of medical care. First, the present status and limitations of health insurance were identified through domestic policy report, domestic and foreign literature, and precedent research. Second, the foreign health insurance policy measures to stabilize the finances were examined separately. Based on this study, in order to maintain sustainable health insurance through reinforcement and financial stabilization of health insurance, the current financial income structure of health insurance must be renovated. It will be necessary to expand government subsidies and discover new tax revenues. In addition, a policy to save finances by reorganizing the medical bill payment system and medical delivery system will also be needed.

• Journal of Digital Convergence
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• v.20 no.4
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• pp.185-192
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• 2022

This study investigates the effect of the semi-supervised learning(SSL) method on predicting default risk of peer-to-peer(P2P) loans. Despite its proven performance, the supervised learning(SL) method requires labeled data, which may require a lot of effort and resources to collect. With the rapid growth of P2P platforms, the number of loans issued annually that have no clear final resolution is continuously increasing leading to abundance in unlabeled data. The research data of P2P loans used in this study were collected on the LendingClub platform. This is why an SSL model is needed to predict the default risk by using not only information from labeled loans(fully paid or defaulted) but also information from unlabeled loans. The results showed that in terms of default risk prediction and despite the use of a small number of labeled data, the SSL method achieved a much better default risk prediction performance than the SL method trained using a much larger set of labeled data.

• Journal of the Korean Society of Earth Science Education
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• v.14 no.3
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• pp.292-301
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• 2021

This study is a basic research to apply ESD linked to SDGs to pre-service teachers majoring in earth science education. The purpose of this study is to evaluate carbon literacy by analyzing the awareness, attitude and knowledge, subjective norms, and behavioral control of the carbon footprint internalized by pre-service teachers. Pre-service teachers recognize the carbon footprint as their responsibility, but are not willing to pay the cost and accept inconveniences of the actions to reduce carbon footprint. They also support actions to reduce carbon footprint, but do not demand the actions from others. While they have sufficient knowledge about carbon mitigation actions, their conception of causes and effects of global warming is unstable. Pre-service teachers will go out to school sites and teach millions of students about global warming. It is essential to educate these teachers on the economic cost and social responsibility of reducing their carbon footprints. It is also important to find ways to bridge the gap between their thought and action. It is hoped that this study on pre-service teachers' carbon literacy will lead to realizing ESD.