• 제목/요약/키워드: Alternative Model

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주식수익률, 위험, 장부가치 / 시장가치 비율의 관계에 관한 연구 (A Study on the Relations among Stock Return, Risk, and Book-to-Market Ratio)

  • 감형규;신용재
    • 산업융합연구
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    • 제2권2호
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    • pp.127-147
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    • 2004
  • This paper examines the time-series relations among expected return, risk, and book-to-market(B/M) at the portfolio level. The time-series analysis is a natural alternative to cross-sectional regressions. An alternative feature of the time-series regressions is that they focus on changes in expected returns, not on average returns. Using the time-series analysis, we can directly test whether the three-factor model explains time-varying expected returns better than the characteristic-based model. These results should help distinguish between the risk and mispricing stories. We find that B/M is strongly associated with changes in risk, as measured by the Fama and French(1993) three-factor model. After controlling for changes in risk, B/M contains little additional information about expected returns. The evidence suggests that the three-factor model explains time-varying expected returns better than the characteristic-based model.

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시뮬레이션을 활용한 신기술 항만장비의 생산성 추정 (The Estimation of Productivity Considering New Technology Port- Equipment By Using Simulation)

  • 김동원
    • 한국컴퓨터정보학회논문지
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    • 제20권1호
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    • pp.237-246
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    • 2015
  • 본 논문에서는 컨테이너터미널에서 탠덤 리프트 안벽크레인과 고생산성 컨테이너 이송차량 Alternative ship-to-yard vehicles를 고려한 시뮬레이션을 활용하여 컨테이너터미널의 생산성 향상 모델을 제안한다. 이 방법의 특징은 탠덤 리프트 안벽크레인과 고생산성 컨테이너 이송차량의 데이터를 도출하고, 회귀분석 함으로써 탠덤 리프트 안벽크레인의 생산성 모델을 추정한다. 탠덤 리프트 안벽크레인은 한 사이클 당 20ft 컨테이너 4개, 40ft 컨테이너 2개를 동시에 취급함으로서 기존의 싱글 안벽크레인보다 이론상 약 2배의 컨테이너 생산성을 증가시키는 장비이고 Alternative ship-to-yard vehicles는 기존의 야드 트랙터보다 더 많은 최대 4TEU의 컨테이너를 운반시킬 수 있는 장비이다. 본 논문에서는 신기술 안벽장비인 탠덤 리프트 안벽크레인과 신기술 이송장비인 Alternative ship-to-yard vehicles를 적용한 시뮬레이션을 통하여 생산성에 관한 데이터를 도출하고 통계 기법인 회귀분석을 통하여 컨테이너 터미널의 생산성의 추정모델을 구해보고자 한다.

대체요법과 건강증진 가상강좌 개발 및 적용 (Development and Application of an Online Alternative Therapy and Health Promotion Class)

  • 박정숙;권영숙;이혜란
    • 대한간호학회지
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    • 제36권2호
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    • pp.286-298
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    • 2006
  • Purpose: This study was to develop an online 'alternative therapy and health promotion' class for university students and to evaluate its changes. Method: The online class was developed based on the Instructional Systems Development(ISD) model and model of Web-Based Instruction(WBI) developmental process. This was a quasi-experimental, one group pretest-posttest design. The subjects of this study were 130 students in 3 universities, and they were provided the cyber class for 16 weeks. Data was analyzed by descriptive and plural answer statistics, and paired t-test. Results: The cyber class was developed in five steps : analysis, design, data collection and reconstruction, programing and publishing, and evaluation. The results of program evaluation were positive, which included learning 3.47. system 3.57, and learning satisfaction 3.64 on the scale of 5. The posttest scores of cognition and reliability of alternative therapy were higher than pretest scores. The posttest score of health promoting lifestyle(t=-5.051, p=.000) and perceived health status(t=2.979, p=.003) were significantly higher than those of the pretest. Conclusion: These results suggest that the cyber class is a positive method in increasing a cognition, reliability of alternative therapy, and is effective to improve a health promotion lifestyle and perceived health status for the university students.

호텔과 대체숙박업소 간 비대칭적 가격 경쟁 : 공간계량경제모형의 응용 (Asymmetry of Price Competition between Hotel and Alternative Accommodation Submarkets)

  • 노수향;심영석;이희찬;이슬기
    • 한국정보시스템학회지:정보시스템연구
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    • 제26권3호
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    • pp.229-246
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    • 2017
  • Purpose The purpose of this study is to examine the potential asymmetry in price competition between the geographically defined submarkets of the lodging industry, namely the traditional and alternative accommodation facilities. Design/methodology/approach The study utilizes a spatial econometric model to empirically test for the hypothesized asymmetry in price competition. Property-level panel data on hotels and alternative accommodation facilities collected from a major online travel agency (OTA: Agoda.com) was used for this purpose. Findings Result of the analysis shows significant intra-segment spatial price competition among the properties, that is, within hotels and within alternative accommodation submarkets, respectively. However, the inter-segment competition was found to be asymmetric as hypothesized. Room rates of hotels are influenced by prices of geographically close alternative accommodations, but the reverse does not hold. Implications for practitioners and suggestions for future research are discussed along with the findings of the study.

카노모델을 활용한 VE대안 검증방법 (VE Alternative Verification Method Using KANO Model)

  • 리우쥔난;차오러;박진영;김병수
    • 대한토목학회논문집
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    • 제39권6호
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    • pp.923-932
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    • 2019
  • VE는 기능을 향상시키고 비용을 절감함으로써 시설물의 가치를 제고하는 강력한 도구로 활용되고 있다. VE의 프로세스 중 발주자의 요구사항을 파악하여 품질모델에 반영함으로써 개발된 대안이 발주자의 요구사항을 충족시키도록 하고 있다. 그러나 기능분석과 아이디어 도출 및 평가를 통하여 개발된 대안이 발주자의 요구사항을 얼마나 반영하고 있는지를 검증할 수 있는 프로세스는 없다. 본 연구는 VE Job Plan 중에 개발된 대안에 대한 발주자의 만족도를 평가할 수 있는 방법론을 개발하여 검증하고 효과성을 입증하고자 하였다. 상품기획에서 요구사항의 만족, 불만족 여부를 파악할 수 있는 카노(KANO) 모델을 VE의 대안 검증절차를 위한 방법론으로 설정하고 본 연구의 목적에 맞게 개선하여 적용하였다. 연구 결과 본 연구에서 개발된 대안평가 방법은 유용한 것으로 판단되었다. 향후 카노(KANO) 모델이 VE Job Plan 분석단계에서 VE대안에 대한 만족도를 평가하는데 활용될 것으로 기대한다.

Development of Noninformative Priors in the Burr Model

  • Cho, Jang-Sik;Kang, Sang-Gil;Baek, Sung-Uk
    • Journal of the Korean Data and Information Science Society
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    • 제14권1호
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    • pp.83-92
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    • 2003
  • In this paper, we derive noninformative priors for the ratio of parameters in the Burr model. We obtain Jeffreys' prior, reference prior and second order probability matching prior. Also we prove that the noninformative prior matches the alternative coverage probabilities and a HPD matching prior up to the second order, respectively. Finally, we provide simulated frequentist coverage probabilities under the derived noninformative priors for small and moderate size of samples.

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퍼지 및 크리스프 데이타를 입력으로 하는 대안선택을 위한 그룹의사결정 (Group Decision Making for Selecting Alternatives with Fuzzy and Crisp Data)

  • 정현태;정현석
    • 산업경영시스템학회지
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    • 제19권37호
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    • pp.21-29
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    • 1996
  • It is very important to select the best alternative for a manufacturing enterprise. However, more often than not this work is carried out unsatisfactorily. In this paper, we will present a new model for evaluating alternatives. Two main results derived from this paper are as follows: 1. A selection model of alternative is suggested that each decision maker's opinion is equally evaluated and the preference of each attribute can also be considered simultaneously. 2. A proposed method is especially effective to analyze a data structure with fuzzy and crisp data.

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토사재해 위험지역의 구조적 대안 설정을 위한 사태물질 초기 질량분포 및 방어시설물 형상의 영향 분석 (Analysis of Initial Mass Distribution and Facility Shape to Determine Structural Alternative for Hazardous Zone Vulnerable to Debris Flow Disaster)

  • 성주현;오승명;정영훈;변요셉;송창근
    • 한국안전학회지
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    • 제31권2호
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    • pp.76-82
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    • 2016
  • A 2-D hydrodynamic model for predicting the movement of debris flow was developed. The developed model was validated against a dam break flow problem conducted in EU CADAM project, and the performance of the model was shown to be satisfactory. In order to suggest structural alternative for hazardous zone vulnerable to debris flow disaster, two types of initial mass distribution and two shapes of defensive structure were considered. It was found that 1) the collapse of debris mass initiated with square pyramid shape induced more damage compared with that of cubic shape; and 2) a defensive structure with semi-circular shape was vulnerable to debris flow disaster in terms of debris control or primary defense compared with that of rectangular-shaped structure.

수요의 지역차를 고려한 대체연료 충전소 최적입지선정 : 플로리다 올랜도를 사례로 (Location of Refueling Stations for Geographically Based Alternative-Fuel Vehicle Demand)

  • 김종근
    • 한국경제지리학회지
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    • 제15권1호
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    • pp.95-115
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    • 2012
  • 초기 대체연료차 시장은 고비용으로 인해 수요 잠재력의 지역차가 존재할 것이며 효율적 입지모델은 이러한 지역차를 고려해야 한다. 본 논문은 지역차를 고려한 대체연료차 수요 모델을 기종점 통행량에 통합하는 방법을 제안하며 이를 통해 대체연료차 통행량을 추정한다. 추정된 통행량은 주어진 수의 시설물이 기종점 통행량을 최대로 포괄할 수 있도록 하는 입지모델 (Flow Refueling Location Model)에 입력되어 대체연료 충전소 최적 입지 대안을 제시한다. 사례지역은 플로리다 올랜도 대도시권이며, 수요 추정 및 통행량 통합 시나리오의 결과를 비교 분석한다.

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Assessment of Two Wall Film Condensation Models of RELAP5/MOD3.2 in the Presence of Noncondensable Gas in a Vertical Tube

  • Park, Hyun-Sik;No, Hee-Cheon;Bang, Young-Seok
    • Nuclear Engineering and Technology
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    • 제31권5호
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    • pp.465-475
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    • 1999
  • The objective of the present work is to assess the analysis capability of two wall film condensation models, the default and the alternative models, of RELAP5/MOD3.2 on condensation experiments in the presence of noncondensable gas in a vertical tube of PCCS of CP-1300. In the calculation of a base case the default model of RELAP5/MOD3.2 under-predicts the heat transfer coefficients, and Its alternative model over-predicts them throughout the condensing tube, Also, both models over-predict the void fractions. The nodalization study shows that the variation of the node number does not change both modeling results of RELAP5/MOD3.2 Sensitivity study for varying input parameters shows that the inlet steam-air mixture flow rate, the inlet air mass fraction, and the inlet saturated steam temperature give significant changes of their heat transfer coefficients Run statistics show that the grind time of the default model is always higher than that of the alternative model by about 23%.

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