• Journal of the Korean Society for Railway
• /
• v.11 no.1
• /
• pp.45-53
• /
• 2008

With the growing international consensus regarding sustainable development of transportation, the plan of transportation infrastructure needs to meet various requirements toward enhancing environmental conditions. Accordingly, the upcoming long-term plan of high-speed rail network has to be reflecting the sustainability of transportation systems. In this paper, we demonstrate an application of methodologies based on multi-attribute utility theory for determining priorities of sustainable high-speed rail investment. The proposed methodologies identify indicators for sustainable transportation systems such as economic, environmental, and social ones and then, evaluate priority for planning a long-term sustainable high-speed rail network by comparing the relative importance among indicators. This will help transportation agencies to prioritize high-speed rail investment toward sustainable transportation systems.

• The Korean Journal of Financial Studies
• /
• v.12 no.1
• /
• pp.45-62
• /
• 2006

M. C. Jensen과 W. H. Meckling이 쓴 'The Nature of Man' 논문의 핵심은 역시 REMM(Resourceful Evaluative Maximizing Model)이다. REMM이라는 용어는 새롭지만 개념은 200년 이상의 연구와 경제학과 사회과학과 철학적 토론의 산물이라는 것이다. REMM에서의 핵심은 Resourceful이다. 어떤 이론이나 정책이건 어떤 가정과 한계가 있다는 의미로 사용할 수도 있다. 재무관리의 모태인 경제학에서 지금까지 사용된 모델은 고전 경제학시대부터 일관되어 왔던 추상적 의미의 이익(효용)극대화 모델이다. 재무관리는 그 목적이 궁극적으로 인간의 소비선호체계를(people's consumption preference) 극대화 하는 것이고, 한정된 자원(scare resources)을 시간에 따라 어떻게 배분하여 효용(utility)을 극대화하는 것을 중심과제로 삼고 있다. 효용의 극대화를 위한 자원배분은 생산자원을 어떻게 배합하여 가치생산을 극대화하느냐 하는 생산에의 배분문제와 생산된 재화 및 서비스를 사람들의 욕구충족을 최대로 하는 소비에의 배분문제로 나눠 생각해 볼 수 있다. 그런데 적어도 재무관리에서는 후자는 다루지 않고 가치생산의 문제만 다룬다. 이러한 가정하에서 재무관리의 목표와 이에 따르는 재무관리이론(가정)의 전개는 가치창조와 소비에의 배분을 통한 효용의 극대화를 다루는 경제학의 이론을 답습함으로 일부 혼선을 불러올 수 있다. 위험에 대한 재무담당자(투자자)의 태도를 재무관리의 입장이 아니라 경제현상 전체에 해당되는 입장에서 다루므로 각 각의 교재마다. 투자자의 부 또는 수익에 대한 효용과, 위험과 수익에 대한 무차별곡선이 달리 표현되고 있다. 재무관리 책에서는 재무관리의 가정하에서 투자자의 수익에 대한 효용, 그리고 수익과 위험에 대한 무차별곡선이 정립되어야 할 것이다.

• Journal of the Korea Society of Computer and Information
• /
• v.19 no.8
• /
• pp.55-62
• /
• 2014

A game theoretic approach is applied for studying the energy efficient rate scheduling. The individual utility function is defined first. Then, a non cooperative rate game is modeled in which each user decides the transmission rate to maximize its own utility. The utility function considered here is the consumed energy for the individual user's data transmissions. In particular, using the fact that the utility function is convex, we prove the existence of Nash Equilibrium in the energy efficient rate scheduling problem at hand. Accordingly, a non cooperative scheduling algorithm is provided. For better energy efficiency, the sum of the individual user's utility function is optimized Finally, the convergence analysis and numerical results to show the energy efficiency of the proposed algorithms are provided.

• Proceedings of the Korea Technology Innovation Society Conference
• /
• 1999.05a
• /
• pp.229-244
• /
• 1999

• Proceedings of the SAREK Conference
• /
• 2008.06a
• /
• pp.231-236
• /
• 2008

The purpose of this study is to develop assessment model for selection of new DSM investment programs. In this research, MAUT method which find assessment value by each attributes related to selecting new DSM investment programs using utility function and integrate with structural frame was used to develop assessment model. In order to validate the usefulness of the model, assessment model was applied for actual candidate group of new DSM investment programs in natural gas domain. By utilize this assessment model to select new DSM investment programs, it is expected to minimize risk of new program launching and to maximize efficiency of DSM investment programs.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2021.05a
• /
• pp.311-312
• /
• 2021

As the number of deteriorated infrastructures increases, research on decision-making methods for efficient budget allocation is required. Thus, this study considered the application of utility theory for asset management of deteriorated infrastructure. In decision-making, methods that enable quantitative measurement were proposed, attributing the aging, economic feasibility, and ripple effects. This study is meaningful as a basic study of decision-making methods, and we will conduct research applied to case studies in the future.

• Journal of the Korea Convergence Society
• /
• v.7 no.5
• /
• pp.181-188
• /
• 2016

This study investigated consumer convergence preferences for healthcare information service in social media using the multi-attribute utility theory. The multi-attribute utility theory is an approach for compositional modeling attributes wherein researchers compute the overall service utility by aggregating the evaluation results for attribute values. We found that healthcare information service consumers in social media evaluate the service preference through the multi attributes - Update, Cost, Usefulness, Usability, Reliability. And the study shows that individual preference by estimating weight of each attribute in the services influences the service use intention. So we believe that estimating preferences with multi-attribute utility theory will predict business success of the services in a new media, and for a successful business of the social media services marketers should assess the consumer's preference using the multi-attributes.

• Korean Journal of Construction Engineering and Management
• /
• v.8 no.3
• /
• pp.106-115
• /
• 2007

The size and length of road tunnels have been gradually expanded as industry developed. Consequently, the risk has been increased. The decision making process for ventilation system for road tunnels involves a large amount of information on economic feasibility, construction methods, and safety etc. In situation where systematically structured decision making process is unavailable, almost decisions about ventilation systems are made based on engineers' private knowledge and experiences. Procedure and criteria to choose the best optimized ventilation system among many alternatives are proposed, breaking away from the economic dependency-oriented decision making. This paper presents a Multi-Attribute Utility Theory and AHP based function with which planners can calculate overall utility of each alternative. It is anticipated that the effective use of the proposed methodology for decision making on ventilation systems ould be able to reduce the likelihood of the occurrence of potential safety risks as well as increase the overall ventilation performance.

• The Magazine of the Society of Air-Conditioning and Refrigerating Engineers of Korea
• /
• v.33 no.3
• /
• pp.29-32
• /
• 2004

이중효용 흡수냉동기의 고효율화 방안과 당사(한국 캐리어)에서 개발한 흡수식 냉동기를 소개 하고자 한다. 흡수냉동기는 1777년 영국의 NAIRNE에 의해 흡수냉동기 이론을 발표한 이후 1945년 미국 CARRIER사가 냉매로서 물, 흡수제로서 리튬브로마이드(LiBr)를 이용한 일중 효용 흡수냉동기가 세계 최초로 상용화되면서 공조용 및 산업용 냉방기기로서 보급되기 시작하였다. 이러한 흡수식 기술은 일본에서 이중효용 흡수냉동기 및 냉온수기를 개발하면서 공조용 및 산업용 냉. 난방기기로서 널리 보급되기 시작하였으며, 최근에는 고 효율 이중효용 흡수냉동기 및 냉온수기(COP 1.2-l.3)를 개발하여 제작. 판매하고 있으며 또한 삼중효용 흡수냉온수기(COP 1.6)를 개발하고 있다. 그리고 세계 흡수냉동기 시장은 일본 및 중국을 중심으로 고 효율 흡수냉동기 시장으로 재편되고 있다. 그러나, 우리나라에는 아직 일본기술에 의존한 표준 COP 이중효용 흡수냉동기 및 냉온수기(COP 1.01)를 제작 판매하고 있는 실정이다. 따라서 본 고에서는 이중효용 흡수냉동기의 고효율화 방안과 당사(한국 캐리어)에서 개발한 흡수식 냉동기를 소개하고자 한다.

• Journal of Korean Society of Transportation
• /
• v.27 no.2
• /
• pp.157-168
• /
• 2009

The random utility theory and the multinomial logit model (including a more recent variant--the mixed multinomial logit) derived from it have constituted a back bone for theoretical and empirical analyses of various travel demand features including mode choice. In their empirical applications, however, it is customary to specify random utilities which are linear in modal attributes such as time and cost, and in socio-economic variables. The linearity helps easy derivation of important information such as value of travel time savings by calculating marginal rate of substitution between time and cost. In this paper the author focuses on the very linearity of the random utilities. Taking into account the fact that the mode chooser is also labour supplier, commodity consumer as well as leisure-seeker, the author sets up a maximization model of the traveller, which encompasses various economic activities of the traveller. The author derive from the model the indifference curve defined on the space of modal attributes, time and cost and investigate under what conditions the random utility of the traveller becomes linear. It turns out that there exist the conditions under which the random utility is really linear in modal attributes, but the property does not hold when the traveller has a corner solution on the space of modal attributes, or when the primary utility function of the traveller is directly affected by labour provided and/or the travel time itself. As a corollary of the analysis, a random utility is suggested, approximated up to the second order of the variables involved for empirical studies of the field.