• KDI Journal of Economic Policy
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• v.33 no.3
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• pp.33-55
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• 2011

Market concentration in the Korean banking industry has markedly increased since the financial crisis of 1997-1998 because of M&As, P&As, and consolidation of banks. With this change, there has been a growing concern over market power in the Korean banking sector. We examine the effects of market concentration on bank efficiency and competition for the period of 1992-2006. Three different indicators of bank inefficiency are used in this study, including X-inefficiency that is derived from the directional technology distance function. The level of competition is measured by both the H-statistic of the Panzar-Rosse model and the level of the net interest margin and its standard deviation. Empirical results indicate that market concentration has not improved bank efficiency through scale economies or scope economies. Instead, recent mergers, acquisitions and consolidation of banks resulted in an increase in inefficiency measured by the three different indicators: X-inefficiency, labor inefficiency and asset inefficiency. While an increase in market share of individual banks improved bank efficiency, an increase in the overall market concentration ratio resulted in lower efficiency. Our study also finds that the Korean banking sector has been monopolistically competitive throughout the sample period except for the crisis period according to the H-statistic. Although an increase in market concentration ratio has not changed the overall level of bank competition, it has a positive significant effect on the level of the average interest margin.

• Proceedings of the Korean Geotechical Society Conference
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• 2000.09a
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• pp.9-16
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• 2000

Applicability of the cross shaped drain in a soft clay ground is examined using the laboratory discharge capacity test, column consolidation test and 3-D numerical flow analysis. The equivalent diameter of the tested drains is back-calculated from the laboratory experiment and compared with those calculated from the formula suggested in the literature. The effective range of the cross shaped drain about the discharge capacity and coefficient of permeability is analyzed. The results of numerical analysis show that the cross shaped drain which has a cross-sectional area twice of the band shaped drain can reduce the consolidation time by 30% from that for the band shaped drain in a soft clay ground that K is over 1${\times}$10$\^$-7/cm/sec

• Proceedings of the Korean Geotechical Society Conference
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• 2010.03a
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• pp.1200-1205
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• 2010

The compression index is one of the geotechnical properties which represent the compressibility of clay. The compression index are generally obtained from consolidation tests, otherwise it has been predicted by soil properties due to the efficiency time and cost. In this study, consolidation tests result for Busan and Inchon clays are analyzed to suggest the correlations between the compression index and soil properties. It is found that the compression index is well correlated with the void ratio and natural water contents. The prediction errors, which is difference of compression indices between measured from consolidation test and predicted by liquid limits, decrease with ${\Delta}e_0/e_L$.

• Coupled systems mechanics
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• v.8 no.6
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• pp.523-535
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• 2019

Artificial Intelligence (AI) is anticipated to be the future of technology. Hence, AI has been applied in various fields over the years and its applications are expected to grow in number with the passage of time. There has been a growing need for accurate, direct, and quick prediction of geotechnical and foundation engineering models especially since the success of each project relies on numerous amounts of data. In this study, two applications of AI in the field of geotechnical and foundation engineering are presented - spatial interpolation of standard penetration test (SPT) data and prediction of consolidation of clay. SPT and soil profile data may be predicted and estimated at any location and depth at a site that has no available borehole test data using artificial intelligence techniques such as artificial neural networks (ANN) based on available geospatial information from nearby boreholes. ANN can also be used to accelerate the calculation of various theoretical methods such as the one-dimensional consolidation theory of clay with high efficiency by using lesser computation resources. The results of the study showed that ANN can be a valuable, powerful, and practical tool in providing various information that is needed in geotechnical and foundation design.

• Journal of the Korean GEO-environmental Society
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• v.17 no.11
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• pp.23-33
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• 2016

This study evaluated the stability and deformation subsea foundation after implementation of the contaminant isolation method by covering the contaminated materials using Zeolite and sands under subsea condition. The appropriate contaminant adsorption materials used in this study was selected as Zeolite based on the existing research results due to its efficiency. Safety (or stability) was evaluated by calculation and to analyze deformation after completing the contaminant isolation method. The minimum safety factors from slope stability analyses results were 30.1 and 11.2 depending on subsea submerged conditions and the amount of the maximum primary consolidation settlement from consolidation analysis results was 209.2 mm. In addition, change of consolidation amount with increasing consolidation time was evaluated based on consolidation degree.

• Journal of Information Technology Services
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• v.10 no.4
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• pp.281-293
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• 2011

Server consolidation and virtualization have become an integral part of IT planning to reduce TCO cost and ensure the high availability for customer, enlarge the flexibility to computing resource in today' enterprise data centers. In spite of having the variety advantages of server consolidation and virtualization, they cause many problems such as the software licensing issues, virtual server sprawl, network complexity issues, hardware start-up costs, and failover costs. In particular, software licensing problem brings about the serious results in operating of data center and also presents a significant challenge to virtualization because many vendors have realized that licensing policies applicable to physical systems are not compatible with virtual machines. So, the IT planers must be considering this problem before they conducts the server consolidation and virtualization. In this paper, we proposed the efficiency strategy of SW licensing for server consolidation and virtualization analyzing the N-Datacenter case in Korea. As a result, we suggest the two strategies as technical and management/contract aspect. First, as the technical aspect, we propose i) the adaptation of suitable licensing for virtualization, ii) differentiation of license according to the characteristics of server, iii) the core distribution of licenses to minimizing. Second, as the management/contract aspect, we suggest following three things. i) The existing license agreement is changed to the right licensing for virtualization. ii) The license agreement is contracts the active focused. iii) When a new contract should be added to virtualization provisions.

• The Journal of Industrial Distribution & Business
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• v.9 no.3
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• pp.7-17
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• 2018

Purpose - The purpose of this paper is to improve last mile delivery capability and ensure customers' satisfaction by approaching an analytic hierarchy process(AHP) and identifying criteria framework to determine locations of last mile delivery centre(LMDC). Research design, data, and methodology - Traffic congestion and emission policy in cities are barriers of last mile delivery in dense areas. The urban consolidation centre(UCC) cannot increase last mile delivery efficiency in dense cities because of their space and traffic limitation. In this paper, we develop a case to improve last mile delivery efficiency and to ensure customers' satisfaction by concentrating on LMDC. In addition, AHP has been applied to identify criteria framework and determine LMDC locations. The weighted priorities are derived from parcel delivery industry experts and have been calculated using Expert Choice software. Results - The framework criteria have assisted decision makers to place LMDC in a dense area to enhance customer's satisfaction with last mile delivery service. Conclusions - AHP has provided ranking framework criteria of LMDC potential for parcel delivery industry. The LMDC helps by improving last mile delivery efficiency to final destination amids conditions of CO₂ emissions, traffic congestion, and pollution problems. It especially concerns delivery service activities when delivering parcels to customers rather than UCC.

• Journal of the Korean GEO-environmental Society
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• v.8 no.3
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• pp.27-33
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• 2007

The vertical drain method recently being used in Korea is one of the popular soft ground improvement methods, and it is divided into the sand drain method, the pack drain method, the paper drain method, and the PBD method according to the drainage. However, these methods generate the disturbed zone called the smear zone when the drainage is penetrated into the in-situ ground. The characteristics of the smear zone generated cause the problems that the coefficient of permeability decreases, and then the consolidation time in the design becomes longer than expected. Even though the coefficient of horizontal consolidation and the coefficient of permeability in the smear zone are very important design factors directly influencing the degree of consolidation, in the existing studies, these coefficients have been empirically derived by the coefficient of vertical consolidation and used for the design. However, in case that these coefficients derived by the coefficient of vertical consolidation are applied to the actual design, a loss of the duration of construction and a loss of economical efficiency can be happened because of the inaccuracy of the coefficient of horizontal consolidation and the coefficient of permeability. Hence, in this study, in order to understand such influence, the laboratory test was carried out so as to reasonably determine the coefficient of permeability and the coefficient of consolidation in diverse ground conditions. Then, the range of smear effect on clay and silt was estimated with monitoring data through the laboratory test.

• Journal of Conservation Science
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• v.18 s.18
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• pp.89-96
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• 2006

Surface layers of stone cultural properties including the soluble salt need consolidation because they are mostly very weak. There is a lot of research on the penetration depth of consolidant in stone and the effect of consolidant on mechanical stability of deteriorated structure. But some conservation experiences show that consolidation with silicic acid ester is not successful on salt contaminated stone cultural properties. In this study, in order to assess the influence of soluble salts$(CaSO_4\;2H_2O,\;NaNO_3)$ on the efficiency of consolidation on the deteriorated stone cultural properties(Nationalgalerie, Berlin, Germany) sandstone samples have been soaked with the salts solution. The impregnation of consolidant based on ethyl filicate have been afterwards carried out on these samples. As a result, it confirms that the soluble salts act as a preventer or consolidation. They fill up the pores in the stone and prevent that sufficient amount of consolidant enter deeply into the stone. According to this result, if use silicic ethyl ester as a consolidant for the research object which is built by Nebra sandstone, desalination is necessary before the treatment with consolidant. But it is also reported by other researches that some soluble salts improve the consolidation effect. Therefore it should be necessary to pre-study about salt and its harmfulness before the consolidation treatment. In order to consolidate without the aggravative damage in salt contaminated stone cultural heritage, we must first of all study the relations among salt, stone and consolidant.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.47 no.4
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• pp.127-135
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• 2015

Artists have been used animal glues for a long time as binding and sizing materials of paintings in many countries including Korea. Since animal glues as a binding material lose their own adhesive strength by aging, pigment particles or pigment layers are easily detached from painting surface. Restaurators prefer to use animal glues for consolidation of pigment particles or pigment layers because artists use animal glues as a binder for their painting works. It is widely known that animal glues have different characteristics such as viscosity, stability on water etc. But there are still a few requirements to consider their stabilities for the restoration of paintings. Therefore, this study was aimed to evaluate of stability and efficiency of animal glue applications. The efficiency of animal glue application was decreased with increasing the concentration of animal glue solution. This result means the simple tendency, but does not representative data for other animal glues made from same raw materials. In most cases, the surface and mechanical characteristics of animal glues are dependent on some factors, like viscosity and concentration of animal glue solution.