• Title/Summary/Keyword: Asymmetric Effect

Search Result 606, Processing Time 0.02 seconds

Effect Analysis of Spacer Stiffness and Interval on Galloping of Power Transmission Lines (스페이서 강성과 간격이 송전선 갤러핑에 미치는 영향분석)

  • Oh, Yun-Ji;Sohn, Jeong-Hyun
    • Journal of the Korean Society of Manufacturing Process Engineers
    • /
    • v.18 no.1
    • /
    • pp.52-58
    • /
    • 2019
  • Due to icing and snow, power transmission lines have asymmetric cross sections, and their motion becomes unstable. At this time, the vibration caused by the wind is called galloping. If galloping is continuous, short circuits or ground faults may occur. It is possible to prevent galloping by installing spacers between transmission lines. In this study, the transmission line is modeled as a mass-spring-damper system by using RecurDyn. To analyze the dynamic behavior of the transmission line, the damping coefficient is derived from the free vibration test of the transmission line and Rayleigh damping theory. The drag and lift coefficient for modeling the wind load are calculated from the flow analysis by using ANSYS Fluent. Galloping simulations according to spacer stiffness and interval are carried out. It is found that when the stiffness is 100 N/m and the interval around the support is dense, the galloping phenomenon is reduced the most.

Risk Characteristic on Fat-tails of Return Distribution: An Evidence of the Korean Stock Market

  • Eom, Cheoljun
    • Asia-Pacific Journal of Business
    • /
    • v.11 no.4
    • /
    • pp.37-48
    • /
    • 2020
  • Purpose - This study empirically investigates whether the risk property included in fat-tails of return distributions is systematic or unsystematic based on the devised statistical methods. Design/methodology/approach - This study devised empirical designs based on two traditional methods: principal component analysis (PCA) and the testing method of portfolio diversification effect. The fatness of the tails in return distributions is quantitatively measured by statistical probability. Findings - According to the results, the risk property in the fat-tails of return distributions has the economic meanings of eigenvalues having a value greater than 1 through PCA, and also systematic risk that cannot be removed through portfolio diversification. In other words, the fat-tails of return distributions have the properties of the common factors, which may explain the changes of stock returns. Meanwhile, the fatness of the tails in the portfolio return distributions shows the asymmetric relationship of common factors on the tails of return distributions. The negative tail in the portfolio return distribution has a much closer relation with the property of common factors, compared to the positive tail. Research implications or Originality - This empirical evidence may complement the existing studies related to tail risk which is utilized in pricing models as a common factor.

Information Risk and Cost of Equity: The Role of Stock Price Crash Risk

  • SALEEM, Sana;USMAN, Muhammad
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.1
    • /
    • pp.623-635
    • /
    • 2021
  • The purpose of this research is to examine the impact of information risk on the Cost of Equity (COE) and whether the risk of a stock price crash mediates the relation between information risk and COE. To test the dynamic nature of the proposed model, the two-step system GMM dynamic panel estimators are applied to all the non-financial firms listed on the Pakistan Stock Exchange (PSX) from 2007- 2018. The results of this study show that all three types of information risk, as well as the risk of the share price crash, increases the COE. The crash risk strengthens the impact of information risk on the COE. Moreover, these three information risks are correlated with each other and an increase in information quality reduces the effect of asymmetric information and improves the investor interpreting ability, while an increase in private information decreases the transparency. The finding is crucial for asset pricing, portfolio management, and information disclosure. This study contributes to the literature by providing novel findings on the impact of three different types of information risk, i.e. private information, quality of information, and transparency of information on the COE as well as whether crash risk mediates the relationship.

Dynamic Analysis of RC Piloti-Type Building Subjected to Earthquake Loads (지진하중이 작용하는 RC 필로티 건축물의 동적해석)

  • Kim, Ju-Won
    • Journal of the Computational Structural Engineering Institute of Korea
    • /
    • v.34 no.3
    • /
    • pp.121-128
    • /
    • 2021
  • Piloti-type buildings in Korea are usually composed of lower frames and upper shear wall structures. Piloti-type buildings have been seriously damaged during earthquakes because of the construction of soft and weak stories. Piloti-type buildings with edge cores are two-way unsymmetric planes. This paper analyzed and obtained the dynamic response for structures modeled using a multistory two-way asymmetric system. The numerical results, obtained using the Newmark-β method, show the time-history responses and trends of maximum displacements and shear forces. The purpose of this study is to evaluate the effect of reinforcement on dynamic response when a shear wall or brace is reinforced in the corner opposite the piloti.

Exact third-order static and free vibration analyses of functionally graded porous curved beam

  • Beg, Mirza S.;Khalid, Hasan M.;Yasin, Mohd Y.;Hadji, L.
    • Steel and Composite Structures
    • /
    • v.39 no.1
    • /
    • pp.1-20
    • /
    • 2021
  • An exact solution based on refined third-order theory (TOT) has been presented for functionally graded porous curved beams having deep curvature. The displacement field of the refined TOT is derived by imposing the shear free conditions at the outer and inner surfaces of curved beams. The properties of the two phase composite are tailored according the power law rule and the effective properties are computed using Mori-Tanaka homogenization scheme. The equations of motion as well as consistent boundary conditions are derived using the Hamilton's principle. The curved beam stiffness coefficients (A, B, D) are obtained numerically using six-point Gauss integration scheme without compromising the accuracy due to deepness (1 + z/R) terms. The porosity has been modeled assuming symmetric (even) as well as asymmetric (uneven) distributions across the cross section of curved beam. The programming has been performed in MATLAB and is validated with the results available in the literature as well as 2D finite element model developed in ABAQUS. The effect of inclusion of 1 + z/R terms is studied for deflection, stresses and natural frequencies for FG curved beams of different radii of curvature. Results presented in this work will be useful for comparison of future studies.

An Effect of Volatility of Crude Oil Price on Asymmetry of Domestic Gasoline Price Adjustment (국제 유가 변동성이 국내 휘발유 가격 비대칭성에 미치는 영향)

  • Nam-Jae Kim;Hyung-Gun Kim
    • Asia-Pacific Journal of Business
    • /
    • v.14 no.1
    • /
    • pp.351-364
    • /
    • 2023
  • Purpose - This study examines the effects of Dubai oil price and the volatility on the asymmetry of domestic gasoline price adjustment. Additionally, the study investigates the effects of "Altteul" gas-station and tax-cut policies on asymmetry. Design/methodology/approach - Firstly, the study calculates proxies for asymmetry and volatility of each window(every 3-month) by error-correction model and GARCH(1, 1) using daily domestic gas price and Dubai oil price from 2008/04/15 to 2022/12/31. Secondly, the study investigates the effects of the increasing rate of Dubai oil price, volatility, "Altteul" gas-station and tax-cut policies on asymmetry. The autoregressive distributed lag regression model is employed for estimations. Findings - The study finds that changes in the increasing rate of Dubai oil price and both types of volatility of Dubai oil price increase asymmetry. While "Altteul" gas-station and tax-cut policies decrease asymmetry. Additionally, the study fails to find that asymmetry in the Korean gasoline market in the estimation with total observations. Research implications or Originality - An increase in Dubai oil price volatility means an increase in cost uncertainty for gas-station owners. Since cost uncertainty is a kind of financial risk, the increase in volatility reinforces the asymmetry. The study provides supporting evidence for the idea.

Development of a 3D Virtual Costume Using Geometric Formativeness (기하학적 조형성을 이용한 3D 가상의상 개발)

  • Xu Yi;Minji Kim
    • Journal of Fashion Business
    • /
    • v.27 no.3
    • /
    • pp.115-131
    • /
    • 2023
  • The revolution of digital fashion continues along with the development of technology. In particular, after COVID-19, fashion design development, exhibitions, and fashion shows using the metaverse space are being actively developed. In particular, as research on 3D virtual costumes becomes active, creative ideas are needed to develop creative virtual costumes. The purpose of this study is to examine the geometric formative characteristics of constructivism in art and fashion design and to develop 3D virtual works using them. Geometric form is a logical and rational basic form that includes the order of nature as an artistic material that has been constantly studied along with the creation of mankind a long time ago, and it has become a motif of many artworks and fashion. In this paper, we studied the application of the costume design of geometric shapes according to the 3D Clo, virtual-wear production software, and understood the effect of the combination of geometric shapes on costume styling. As the formative characteristics of constructivist art, three types of overlap, asymmetry, and simplicity were derived, and the geometric form was visually simple, clear, and concise. The first work produced virtual costumes that reflected the overlapping elements of constructivism. The second costume was produced by reflecting the asymmetric formative characteristics of constructivism. The third costume was a jacket that applied the simplicity of constructivist art.

A Meta-Analysis on the Effect of Entrepreneurship on the Entrepreneurial Intention: Mediating Effect of Entrepreneur Education (기업가정신이 창업의지에 미치는 영향에 관한 메타분석: 창업교육의 매개효과)

  • Yoon, Byeong seon;Kim, Chun Kyu
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.15 no.3
    • /
    • pp.207-221
    • /
    • 2020
  • This study conducted a meta-analysis on the effects of innovation, risk-taking, and enterprising on entrepreneurship. From 2013 to 2020, 392 papers, which were judged as quantitative research from doctoral and master thesis, and academic journals published in Korea were selected as research subjects. 28 duplicates of thesis and thesis are excluded. A total of 52 papers were finally selected, excluding 312 papers that were insufficient to be used as research data because there were no statistical values such as correlation coefficients. For the 52 selected papers, the homogeneity of the variables was first verified. As a result of the homogeneity test, the innovativeness, risk-taking, initiative, and entrepreneurship education all showed great effects on heterogeneity, and the average effect size was analyzed by random effect model. The average effect size analyzed was 0.38 ~ 0.49, and all four variables showed moderate average effect size. As a result of analyzing the average effect size by forest plot, all showed proper results. From the results of funnel plot analysis of entrepreneurship education, published errors were confirmed asymmetric. Research data on entrepreneurship education shows that it cannot represent the whole. It is a structural equation model with entrepreneurship and entrepreneurial intention as a parameter. Iinnovation and risk-taking have an impact on entrepreneurship by taking entrepreneurship education as a parameter. Initiative had an effect on the entrepreneurial intention a business, regardless of entrepreneurship education. In a number of studies, university entrepreneurship education has had an impact on the entrepreneurial intention. It should be changed to entrepreneurship education that combines theory and practice. Entrepreneurship education should be transformed into continuous and field-oriented education.

Evaluation of Weighted Correlator for Multipath Mitigation in GPS Receiver (GPS수신기의 다중경로 오차 제거를 위한 가중 상관기의 성능평가)

  • Shin, Mi-Young;Jang, Han-Jin;Suh, Sang-Hyun;Park, Chan-Sik;Hwang, Dong-Hwan;Lee, Sang-Jeong
    • Journal of Navigation and Port Research
    • /
    • v.31 no.5 s.121
    • /
    • pp.409-414
    • /
    • 2007
  • The effect of multipath is especially serious in urban area and sea surface where buildings and water reflect GPS signal. Multipath brings about the performance degradation on many GPS application because the presence of multipath causes the diminution of pseudorange measurement accuracy in turn position accuracy. In this paper, a multipath mitigation named weighted correlation method is implemented on software GPS receiver, in which the asymmetric correlation function is compensated by modifying the late correlation value. Asymmetry compensation is obtained as weighted sum of two correlators which have different early-late chip spaces. This structure is adopted to lessen the computation load lower keeping up performance similar to that. The performance of implemented multipath mitigation technique is evaluated using GPS signal and multipath signal generated by GPS signal generator and software GPS receiver. The test results show that the weighted correlation method gives hefter performance than the standard correlator and the narrow correlator.

Numerical Modeling of Tide Asymmetry in the Southeast Coastal Zone of Yellow Sea (서해남부해역의 조석 비대칭에 대한 수치모의)

  • Jung, Tae-Sung
    • Journal of Korean Society of Coastal and Ocean Engineers
    • /
    • v.23 no.6
    • /
    • pp.429-441
    • /
    • 2011
  • In the southeast coastal zone of Yellow Sea, the tide characteristics showing ebb-dominant tide and tidal flow were confirmed by analysis of observed tide and tidal currents. Physical factors generating asymmetric tide were reviewed. Influence of bottom shear stress, tidal flat, and nonlinear terms in shallow water equations was investigated by two-dimensional tide modeling. The model results gave good agreements with observed tides, but the amplitude of simulated $M_4$ tide was less than that of observed tide. The tidal flats existing in the study area widely have great effect on the generation of nonlinear tide. The M4 tide is mainly generated near the tidal flats. The deletion of tidal flats prevents the production of the M4 tide. We can conclude that the wide tidal flats is a primary cause of tide asymmetry in the study area.