• Title/Summary/Keyword: 4.19 generation

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Does Disposition Effect Appear on Investor Decision During the COVID-19 Pandemic Era: Empirical Evidence from Indonesia

  • ASNAWI, Said Kelana;SIAGIAN, Dergibson;ALZAH, Salam Fadillah;HALIM, Indra
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.53-62
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    • 2022
  • Disposition Effect (DE) is one of the many investment biases, wherein the investors sell the profitable stocks rather quickly and they tend to hold on the loss making stocks. Various factors related to the DE are the character of investors applying risk management which is also influenced by the social media, Salient Shock (COVID-19), and in the specific case of Indonesia, the phenomenon of rumor stocks wherein the price can rise as much as up to 8500%. The study aims to provide empirical evidence regarding the DE with specific explanatory factors, namely investor behavior and rumors. Data was obtained through a questionnaire sent to 248 Indonesian Stock Exchange Investors (IDX) during the period October-November 2021 by using Ordinary Least Square (OLS) method. The results show: Generation Z, women, and investors with a low education has a greater DE, risk-takers tend to have lower DE, and professionals have negative DE. Implementation of risk management will reduce DE. Social Media and the COVID-19 situation positively affect DE. Especially on stock rumors, there is evidence that investors who own rumor stocks will have a low DE. The results indicate the need for: (i) risk management, especially for Z Generation, women and low education Investors, (ii) to provide positive information so that information on social media can be responded to positively.

Discussion on Classical Text-based Evidence in Guidelines for the Traditional Chinese Medical Treatment of COVID-19 (COVID-19의 중의(中醫) 진료방안에 반영된 문헌 근거에 대한 고찰)

  • Kim, Sanghyun
    • Journal of Korean Medical classics
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    • v.35 no.4
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    • pp.115-125
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    • 2022
  • Objectives : This study reviews whether the traditional medical thought process reflected in the Traditional Chinese Medical Treatment Plan for COVID-19 is based on existing classical texts, and examine concerns over the quality of evidence that the plan is based on. Methods : First, terminology and basic formulas composing the compound formulas in the COVID-19 TCM Treatment Plan were collected. Next, their usage in existing classical texts were searched in the medical classics database. Results : Infectious diseases similar to COVID-19 were understood as external disease due to Six Qi in the texts. Basic formulas used for treatment were those applied in Shanghan and Wenbing, among which cases where such formulas were applied in infectious diseases could be found in the classics. Conclusions : The level of evidence of the Treatment Plan suggested by various specialists could be evaluated as insufficient if we consider the literature. However, if application of such a plan could be supported institutionally, it could become a starting point for evidence generation.

Evaluation on Resource Recovery Potential by Landfill Gas Production (매립가스 발생량에 따른 자원화 가능성 평가)

  • Lee, Hae-Seung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.10
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    • pp.4679-4688
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    • 2011
  • This study was performed to the municipal waste generation amounts and characteristics for B city in Gangwon province, predicted the methane gas generation rate emitted from landfill, and analyzed the possibility of energy recovery to RDF(Refuse Derived Fuel) using combustible waste. The study results showed that the average bulk density of municipal waste for B city was 144.0 kg/$m^3$, and the average ratios of combustible waste were 36.0 % of paper, 21.6 % of vinyl, and 19.7 % of food waste. respectively. In the experiment for heating value, high and low heating value(moisture) was measured to 3,471 $kca{\ell}$/kg and 2,941 $kca{\ell}$/kg, respectively. After the prohibition of burying of food waste in landfill, the heating value of municipal waste was dramatically increased due to increase of the ratio of paper, vinyl, and plastic waste. The prediction results of methane gas generation rate emitted from landfill showed that the gas generation rate is increasing to 2,505.7 CH4 ton/year in 2021. After then, the rate is decreasing gradually. When the RDF facility is installed, the rate is decreasing after peaking at 1,956.9 CH4 ton/year in 2013. The generation rate of LFG emitted from waste landfill of B city was analyzed to 9.92 $m^3$/min, similar to 10.11 $m^3$/min for other city.

Distributed Energy System Connection Limit Capacity Increase Technology Using System Flexible Resources (계통유연자원을 활용한 분산에너지 계통접속 한계용량 증대 기술)

  • Jeong Min Park
    • Journal of Integrative Natural Science
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    • v.16 no.4
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    • pp.139-145
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    • 2023
  • Due to changes in the distribution system and increased demand for renewable energy, interest in technology to increase the limit capacity of distributed energy grid connection using grid flexible resources is also increasing. Recently, the distribution system system is changing due to the increase in distributed power from renewable energy, and as a result, problems with the limited capacity of the distribution system, such as waiting for renewable energy to connect and increased overload, are occurring. According to the power generation facility status report provided by the Korea Power Exchange, of the total power generation capacity of 134,020 MW as of 2021, power generation capacity through new and renewable energy facilities is 24,855 MW, accounting for approximately 19%, and among them, power generation through solar power accounts for a total portion of the total. It was analyzed that the proportion of solar power generation facilities was high, accounting for 75%. In the future, the proportion of new and renewable energy power generation facilities is expected to increase, and accordingly, an efficient operation plan for the distribution system is needed. Advanced country-type NWAs that can integrate the operation and management of load characteristics for each line of the distribution system, power distribution, regional characteristics, and economic feasibility of distributed power in order to improve distribution network use efficiency without expanding distribution facilities due to the expansion of renewable energy. An integrated operating system is needed. In this study, in order to improve the efficiency of distribution network use without expanding distribution facilities due to the expansion of renewable energy, we developed a method that can integrate the operation and management of load characteristics for each line of the distribution system, power distribution, regional characteristics, and economic feasibility of distributed power. We want to develop an integrated operation system for NWAs similar to that of advanced countries.

Numerical Analysis of the Subscale Blast Door Deformation and the Subsequent Blast Wave Propagation through the Tunnel by the External Explosion (외부 폭발에 의한 축소형 방폭문 변형 및 터널 내부 폭풍파 전파 거동의 수치해석)

  • Yun, Kyung Jae;Yoo, Yo-Han
    • Journal of the Korea Institute of Military Science and Technology
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    • v.19 no.4
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    • pp.462-468
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    • 2016
  • In this paper, we present the results of the numerical analysis employing CONWEP, LS-DYNA FSI(Fluid Structure Interaction), AUTODYN FSI, LS-DYNA ALE(Arbitrary Lagrange Eulerian) and combination of CONWEP and LS-DYNA ALE for blast door fracture and wave propagation through the tunnel by the external explosion. We compared the numerical analysis results with the subscale test data and selected combination of CONWEP and LS-DYNA ALE method as adequate data generation method for the FRM(Fast Running Model) software development. It is expected to save much time and costs by using the numerical simulation data for the various test conditions.

A Study on the Expansion of Secondary Battery Manufacturing Technology through the Scale of V4 and Energy Platform (V4와 에너지 플랫폼 규모화를 통한 2차 전지 제조 기술 확대 방안)

  • Seo, Dae-Sung
    • Journal of Industrial Convergence
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    • v.20 no.10
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    • pp.87-94
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    • 2022
  • This paper seeks to raise inflection points of battery manufacturing bases in Korea in the V4 region through the reorganization of new industrial technologies in accordance with ESG. As a result, the global supply chain market is cut off. The Russian-Ukraine war and the U.S.-China hegemony are competing in the economic crisis caused by COVID-19. It is showing diversification of new suppliers in an environment where mineral, grain procurement, gas, and even wheat imports from China and Russia are not possible. As a protective glocal, this area is used as a buffer zone(Pro-Russia, Hungary). to an isolated zone(anti-Russia, Poland) by war. In this paper, economic growth is expected to slow further due to the EU tapering period and high inflation in world countries. Due to these changes, the conversion of new tech industry and the contraction of Germany's structure due to energy supply may lose the driving force for economic growth over the past 20 years. This is caused by market disconnection(chasm) in the nominal indicators in this area. On the other hand, Korea should actively develop into the V4 area as an energy generation export (nuclear and electric hydrogen generation) area as a bypass development supply area due to the imbalance in the supply chain of rare earth materials that combines AI. By linking this industry, the energy platform can be scaled up and reliable supply technology (next generation BT, recycling technology) in diversification can be formed in countries around the world. This paper proves that in order to overcome the market chasm caused by the industries connection, new energy development and platform size can be achieved and reliable supply technology (next-generation battery and recycling technology, Low-cost LFP) can be diversified in each country.

Millennial Generation's Mobile News Consumption and the Impact of Social Media (밀레니얼세대의 모바일 뉴스소비와 소셜미디어의 영향)

  • Seol, Jinah
    • Journal of Internet Computing and Services
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    • v.19 no.4
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    • pp.123-133
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    • 2018
  • This paper examined how the millennial generation consumes mobile news through social networking sites with regards to user patterns, preference topics and news values, and whether news topics and news values may influence their overall mobile SNS news consumption and interactivity. The findings show that more than 2/3 of respondents consumed mobile SNS news at least once everyday for 30minutes to one-hour. Male millennials tended to use Facebook and Kakao-talk more than female. While the portal site was the most accessed channel for consuming mobile news, SNS was the second, more than the combined use of national daily papers, TV, and internet newspapers. The respondents' demographic characteristics and news topics also affect the form and degree of news interactivity. With regards to their preferences and prioritization of news values, millennials tend to perceive 'impact' and 'usefulness' as being most important, despite the differences of their demographic characteristics. They also preferred those news values most. There were significant differences in terms of preferred news topics according to the demographics' characteristics.

A Study of Load Matching on the Net-Zero Energy House (넷 제로에너지주택의 부하매칭에 관한 연구)

  • Kim, Beob-Jeon;Lim, Hee-Won;Kim, Deok-Sung;Shin, U-Cheul
    • Journal of the Korean Solar Energy Society
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    • v.38 no.4
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    • pp.55-66
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    • 2018
  • nZEH (net-Zero Energy House) is defined as a self-sufficient energy building where the sum of energy output generated from new & renewable energy system and annual energy consumption is zero. The electricity generated by new & renewable energy system with the form of distributed generation is preferentially supplied to electrical demand, and surplus electricity is transmitted back to grid. Due to the recent expansion of houses with photovoltaic system and the nZEH mandatory by 2025, the rapid increase of distributed generation is expected. Which means, we must prepare for an electricity-power accident and stable electricity supply. Also electricity charges have to be reduce and the grid-connected should be operated efficiently. The introduction of ESS is suggested as a solution, so the analysis of the load matching and grid interaction is required to optimize ESS design. This study analyzed the load matching and grid interaction by expected consumption behavior using actual data measured in one-minute intervals. The experiment was conducted in three nZEH with photovoltaic system, called all-electric houses. LCF (Load Cover Factor), SCF (Supply Cover Factor) and $f_{grid}$ (Grid Interaction Index) were evaluated as an analysis indicator. As a result, LCF, SCF and $f_{grid}$ of A house were 0.25, 0.23 and 0.27 respectively; That of B house were 0.23, 0.23, 0.19, and that of C were 0.20, 0.19, 0.27 respectively.

Deduction of Optimum Factors for Hydrogen Production from Organic Resources using a Continuous Reaction Process (연속반응공정을 이용한 유기성자원으로부터 수소생산을 위한 최적인자도출에 관한 연구)

  • Kim, Choong Gon;Shin, Hyun Gon
    • Journal of the Korea Organic Resources Recycling Association
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    • v.19 no.2
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    • pp.22-27
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    • 2011
  • This study was performed to find out the optimum condition for hydrogen production by changing mixture ratio from 3:7(food waste water : swine wastewater) without pre-treatment of food wastewater and swine wastewater using a continuous reaction process. It was confirmed that hydrogen generation according to pH is the highest in a condition of pH 5.5, and that the optimum pH for hydrogen production in case of mixing food wastewater with swine wastewater is 5.5 through this. Hydrogen generation according to HRT showed high hydrogen generation rate in case of 4 days rather than 3 days, and this involves largely in vitality of hydrogen producing bacteria according to variation of the HRT value, so it is judged that HRT also acts as an important factor to hydrogen producing bacteria. The organic removal efficiency recorded a removal efficiency of maximum TS 52%, VS 71%, TSS 83% and VSS 89% at the 6th day of operation, and it was confirmed that organic removal efficiency is possible even through an hydrogen production process.

A Study on the Effect of Advertising by Generation on the Types of Tourist Attractions Posted on SNS (SNS에 게시된 관광지 사진유형에 따른 세대별 광고효과에 관한 연구)

  • Lim, Jae-Moon
    • Journal of Digital Convergence
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    • v.19 no.7
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    • pp.71-77
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    • 2021
  • This study aimed to suggest ways to utilize local governments' SNS by recognizing whether advertising affinity affects advertising effectiveness and significant differences between photo types (personality or absence) and generation. The survey was conducted from 1 April to 16 April 2021, and a total of 235 copies were used for empirical analysis. According to the analysis, advertising likeability affects advertising effects, and photos involving tourists have a greater impact on advertising effects in their 20s. This will require local governments to make various efforts to identify the generations that access SNS the most, and to encourage them to post photos suitable for that generation, along with ensuring that tourists' photos are posted at tourist attractions.