• Title/Summary/Keyword: Axiomatic approach

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DYNAMIC RISK MEASURES AND G-EXPECTATION

  • Kim, Ju Hong
    • The Pure and Applied Mathematics
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    • v.20 no.4
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    • pp.287-298
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    • 2013
  • A standard deviation has been a starting point for a mathematical definition of risk. As a remedy for drawbacks such as subadditivity property discouraging the diversification, coherent and convex risk measures are introduced in an axiomatic approach. Choquet expectation and g-expectations, which generalize mathematical expectations, are widely used in hedging and pricing contingent claims in incomplete markets. The each risk measure or expectation give rise to its own pricing rules. In this paper we investigate relationships among dynamic risk measures, Choquet expectation and dynamic g-expectations in the framework of the continuous-time asset pricing.

COMPLETE CONTROLLABILITY OF SEMILINEAR STOCHASTIC INTEGRO-DIFFERENTIAL EQUATIONS WITH INFINITE DELAY AND POISSON JUMPS

  • D.N., CHALISHAJAR;A., ANGURAJ;K., RAVIKUMAR;K., MALAR
    • Journal of Applied and Pure Mathematics
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    • v.4 no.5_6
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    • pp.299-315
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    • 2022
  • This manuscript deals with the exact (complete) controllability of semilinear stochastic differential equations with infinite delay and Poisson jumps utilizing some basic and readily verified conditions. The results are obtained by using fixed-point approach and by using advance phase space definition for infinite delay part. We have used the axiomatic definition of the phase space in terms of stochastic process to consider the time delay of the system. An infinite delay along with the Poisson jump is the new investigation for the given stochastic system. An example is given to illustrate the effectiveness of the results.

Study of the Design of an Explosive Ordnance Disposal Manipulator for Small Unmanned Ground Vehicle (소형 무인주행로봇에 탑재되는 EOD 매니퓰레이터 설계에 대한 연구)

  • Koh, Doo-Yeol;Lee, Seung-Ho;Rhee, Joon-Seong;Hwang, Ki-Sang;Kim, Soo-Hyun
    • Journal of the Korea Institute of Military Science and Technology
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    • v.14 no.5
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    • pp.948-956
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    • 2011
  • In this paper, mechanism design of the explosive ordnance disposal(EOD) manipulator for small unmanned ground vehicle(SUGV) is presented from the conceptual to detailed design. EOD manipulator has been widely developed in the world due to the growing threat of the improvised explosive devices at war. It has distinctive characteristics, such as small size and high loading performance, compared to the industrial manipulator which is fixed on the floor. Design of new EOD manipulator must take into account various functional requirements and constraints simultaneously. We focused on developing the EOD manipulator that has suitable size for the SUGV and maximum 15kg payload capacity. Design approach taken in this paper is based on axiomatic design procedure and comparison among many possible candidates of each joint structure to obtain appropriate entire structure of EOD manipulator.

BPR Consulting applying New Customer Value Innovation Requirements Engineering Process (새로운 고객 가치혁신 요구공학 프로세스를 적용한 BPR 컨설팅)

  • Han, Kwang-Shin;Park, Man-Gon
    • Journal of Korea Multimedia Society
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    • v.21 no.6
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    • pp.685-697
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    • 2018
  • (Most companies that perform BPR have not achieved satisfactory results or have not performed successful BPRs. There are many reasons for this, but the most important one has caused problems that do not accurately reflect the requirements of various stakeholders. In this paper, we will apply the BPR consulting methodology to a new value innovation requirements engineering process based on the Blue Ocean strategy, which is a way to create a new market without competition by customerizing potential customers by satisfying new customer expectations and needs. This paper uses a requirements engineering process that can generate customer value by applying the ERRC(Erasure Reduce Raise Create) analysis method, which is the core of the Blue Ocean Strategy Framework[1,2]. We will also apply the Six Sigma DFSS (Design For Six Sigma) methodology to improve quality and process through quantitative and systematic analysis. The proposed approach was presented to the BPR consulting to present a practical case, and the results of the empirical analysis of the system user to validate the results of BPR consulting.

Applying Theory Informed Global Trends in a Collaborative Model for Organizational Evidence-based Healthcare

  • Lockwood, Craig
    • Journal of Korean Academy of Nursing Administration
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    • v.23 no.2
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    • pp.111-117
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    • 2017
  • Getting evidence in to practice tends to focus on strategies, theories and studies that aim to close the gap between research knowledge and clinical practice. The evidence to practice gap is more about systems than individual clinician decision making. The absence of evidence for administration and management in the organization of healthcare is persistent. Teaching nurses and providing evidence as the solution to evidence-based healthcare is no longer axiomatic. Previous studies have concluded that unit level strategies integrate multi-professional teams with organizational needs and priorities. This 'best fit' approach that characterizes how healthcare is structured and delivered. The published literature shows that increased readiness for change is aligned with integrated approaches informed by conceptual models. The Joanna Briggs Collaboration is the largest global collaboration to integrate evidence within a theory informed model that brings together academic centres, hospitals and health systems for evidence synthesis, transfer and implementation. The best approaches to implementation are tailored to local culture and context, benchmark against international evidence, combine a theory informed model and stakeholder perspectives to improve the structure and processes of health care policy and practice.

On the Standard Completeness of an Axiomatic Extension of the Uninorm Logic

  • Yang, Eun-Suk
    • Korean Journal of Logic
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    • v.12 no.2
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    • pp.115-139
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    • 2009
  • This paper investigates an extension of the uninorm (based) logic UL, which is obtained by adding (t-weakening, $W_t$) (($\phi$ & $\psi$) ${\wedge}$ t) $\rightarrow$ $\phi$ to UL introduced by Metcalfe and Montagna in [8]. First, the t-weakening uninorm logic $UL_{Wt}$ (the UL with $W_t$) is introduced. The algebraic structures corresponding to $UL_{Wt}$ is then defined, and its algebraic completeness is established. Next standard completeness (i.e. completeness on the real unit interval [0, 1]) is established for this logic by using Jenei and Montagna-style approach for proving standard completeness in [3, 6].

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On the Applications of the Genetic Decomposition of Mathematical Concepts -In the Case of $Z_n$ in Abstract Algebra- (수학적 개념의 발생적 분해의 적용에 대하여 -추상대수학에서의 $Z_n$의 경우-)

  • Park Hye Sook;Kim Suh-Ryung;Kim Wan Soon
    • The Mathematical Education
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    • v.44 no.4 s.111
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    • pp.547-563
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    • 2005
  • There have been many papers reporting that the axiomatic approach in Abstract Algebra is a big obstacle to overcome for the students who are not trained to think in an abstract way. Therefore an instructor must seek for ways to help students grasp mathematical concepts in Abstract Algebra and select the ones suitable for students. Mathematics faculty and students generally consider Abstract Algebra in general and quotient groups in particular to be one of the most troublesome undergraduate subjects. For, an individual's knowledge of the concept of group should include an understanding of various mathematical properties and constructions including groups consisting of undefined elements and a binary operation satisfying the axioms. Even if one begins with a very concrete group, the transition from the group to one of its quotient changes the nature of the elements and forces a student to deal with elements that are undefined. In fact, we also have found through running abstract algebra courses for several years that students have considerable difficulty in understanding the concept of quotient groups. Based on the above observation, we explore and analyze the nature of students' knowledge about $Z_n$ that is the set of congruence classes modulo n. Applying the genetic decomposition method, we propose a model to lead students to achieve the correct concept of $Z_n$.

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Effect of Composite Sandwich Endplates on the Improvement of Cold Start Characteristics for PEMFC (복합재료 샌드위치 엔드플레이트의 연료전지 냉시동성 향상에 미치는 효과)

  • Suh, Jung-Do;Ko, Jae-Jun;Ahn, Byung-Ki;Yu, Ha-Na;Lee, Dai-Gil
    • Transactions of the Korean hydrogen and new energy society
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    • v.22 no.6
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    • pp.859-867
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    • 2011
  • The cold start problem is one of major obstacles to overcome for the commercialization of fuel cell vehicles. However, the cold start characteristics of fuel cell systems are very complicated since various phenomena, i.e. ice-blocking, electro-chemical reactions, heat transfer, and defrosting of BOP components, are involved in them. This paper presents a framework to approach the problem at a full stack scale using Axiomatic Design (AD). It was characterized in terms of Functional Requirements (FRs) and Design Parameters (DPs) while their relations were established in a design matrix. Considering the design matrix, the endplates should have low thermal conductivity and capacity without increase in weight or decrease in structural stiffness. Consequently, composite sandwich endplates were proposed and examined both through finite element analyses and experiments simulating cold start conditions. From the examinations, it was found that the composite sandwich endplates significantly contributed to improving the cold start characteristics of PEMFC.