• Title/Summary/Keyword: Cross Decomposition

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Decomposition and Super-efficiency in the Korean Life Insurance Industry Employing DEA

  • Lee, Hyung-Suk;Kim, Ki-Seog
    • International Journal of Contents
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    • v.4 no.3
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    • pp.1-9
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    • 2008
  • The Korean life insurance industry has undergone profound changes, such as the beginning of the variable insurance in July 2001 and the bancassurance enforcement in August 2003. However, little empirical research has analyzed data that includes the bancassurance of life insurance companies operating in Korea. In response to this lack of research, this paper applies DEA (data envelopment analysis) models to measure and decompose their efficiency. We discovered that life insurance companies operating in Korea are a little different in their composition ratio of inputs and outputs, due to the increased variety of distribution channels and new products. We provided efficiency scores, return to scale, and reference frequencies. We also decomposed CCR, BCC, and SBM efficiency into scale efficiency and MIX efficiency. So, we try to investigate whether the sources of inefficiency were caused by the inefficient operation of DMU, disadvantageous conditions, the difference of the composition ratio in inputs and outputs with reference sets, or any combination of the above. Most companies in the sample display had either constant or decreasing returns to scale. The efficiency rankings were less consistent among models and efficient DMUs. In response to this problem, we used the super-efficiency model to rank them and then compared the rankings of the DMUs among the various models. It was also concluded that the availability of panel data, rather than cross-sectional data, would greatly improve the validity of the efficiency estimates.

Geostatistical Analysis of Soil Enzyme Activities in Mud Flat of Korea

  • Jung, Soohyun;Lee, Seunghoon;Park, Joonhong;Seo, Juyoung;Kang, Hojeong
    • Ecology and Resilient Infrastructure
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    • v.4 no.2
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    • pp.93-96
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    • 2017
  • Spatial variations of physicochemical and microbiological variables were examined to understand spatial heterogeneity of those variables in intertidal flat. Variograms were constructed for understanding spatial autocorrelations of variables by a geostatistical analysis and spatial correlations between two variables were evaluated by applications of a Cross-Mantel test with a Monte Carlo procedure (with 999 permutations). Water content, organic matter content, pH, nitrate, sulfate, chloride, dissolved organic carbon (DOC), four extracellular enzyme activities (${\beta}-glucosidase$, N-acetyl-glucosaminidase, phosphatase, arylsulfatase), and bacterial diversity in soil were measured along a transect perpendicular to shore line. Most variables showed strong spatial autocorrelation or no spatial structure except for DOC. It was suggested that complex interactions between physicochemical and microbiological properties in sediment might controls DOC. Intertidal flat sediment appeared to be spatially heterogeneous. Bacterial diversity was found to be spatially correlated with enzyme activities. Chloride and sulfate were spatially correlated with microbial properties indicating that salinity in coastal environment would influence spatial distributions of decomposition capacities mediated by microorganisms. Overall, it was suggested that considerations on the spatial distributions of physicochemical and microbiological properties in intertidal flat sediment should be included when sampling scheme is designed for decomposition processes in intertidal flat sediment.

Simulation of stationary Gaussian stochastic wind velocity field

  • Ding, Quanshun;Zhu, Ledong;Xiang, Haifan
    • Wind and Structures
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    • v.9 no.3
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    • pp.231-243
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    • 2006
  • An improvement to the spectral representation algorithm for the simulation of wind velocity fields on large scale structures is proposed in this paper. The method proposed by Deodatis (1996) serves as the basis of the improved algorithm. Firstly, an interpolation approximation is introduced to simplify the computation of the lower triangular matrix with the Cholesky decomposition of the cross-spectral density (CSD) matrix, since each element of the triangular matrix varies continuously with the wind spectra frequency. Fast Fourier Transform (FFT) technique is used to further enhance the efficiency of computation. Secondly, as an alternative spectral representation, the vectors of the triangular matrix in the Deodatis formula are replaced using an appropriate number of eigenvectors with the spectral decomposition of the CSD matrix. Lastly, a turbulent wind velocity field through a vertical plane on a long-span bridge (span-wise) is simulated to illustrate the proposed schemes. It is noted that the proposed schemes require less computer memory and are more efficiently simulated than that obtained using the existing traditional method. Furthermore, the reliability of the interpolation approximation in the simulation of wind velocity field is confirmed.

Analysis of DC dielectric breakdown strength of Nano-composite insulation material for HVDC Cable (HVDC용 나노복합 절연재료의 DC절연파괴 분석)

  • Cho, Sung-Hoon;Jung, Eui-Hwan;Lee, Han-Ju;Lim, Kee-Joe;Jeong, Su-Hyun
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 2010.06a
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    • pp.104-104
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    • 2010
  • With the advent of nano-particle fillers in insulating materials, the insulating materials of superior quality have come to fore. In the recent past, nanocomposite LDPE/XLPE (Low Density Polyethylene/Cross Linked Polyethylene) power cable dielectrics have been synthesized. A preliminary evaluation of these new class of materials seem to show that, addition of small amounts of sub-micron inorganic fillers improved the dielectric properties of the composite, in particular, the volume resistivity, and the DC breakdown strength. The thermal behaviour, for example, the stability of composites against decomposition and ensuing electrical failure, do not seem to have been addressed. In a conventional XLPE insulated cable, the average thermal breakdown strength and maximum temperature at the onset of breakdown were seen to be markedly lower than the corresponding intrinsic breakdown strength and decomposition temperature. In this page, analysis of DC Breakdown of nano-composite insulating material for HVDC Cable is introduced.

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Analyzing nuclear reactor simulation data and uncertainty with the group method of data handling

  • Radaideh, Majdi I.;Kozlowski, Tomasz
    • Nuclear Engineering and Technology
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    • v.52 no.2
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    • pp.287-295
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    • 2020
  • Group method of data handling (GMDH) is considered one of the earliest deep learning methods. Deep learning gained additional interest in today's applications due to its capability to handle complex and high dimensional problems. In this study, multi-layer GMDH networks are used to perform uncertainty quantification (UQ) and sensitivity analysis (SA) of nuclear reactor simulations. GMDH is utilized as a surrogate/metamodel to replace high fidelity computer models with cheap-to-evaluate surrogate models, which facilitate UQ and SA tasks (e.g. variance decomposition, uncertainty propagation, etc.). GMDH performance is validated through two UQ applications in reactor simulations: (1) low dimensional input space (two-phase flow in a reactor channel), and (2) high dimensional space (8-group homogenized cross-sections). In both applications, GMDH networks show very good performance with small mean absolute and squared errors as well as high accuracy in capturing the target variance. GMDH is utilized afterward to perform UQ tasks such as variance decomposition through Sobol indices, and GMDH-based uncertainty propagation with large number of samples. GMDH performance is also compared to other surrogates including Gaussian processes and polynomial chaos expansions. The comparison shows that GMDH has competitive performance with the other methods for the low dimensional problem, and reliable performance for the high dimensional problem.

The Pricing of Accruals Quality with Expected Returns: Vector Autoregression Return Decomposition Approach

  • YIM, Sang-Giun
    • The Journal of Industrial Distribution & Business
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    • v.11 no.3
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    • pp.7-17
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    • 2020
  • Purpose: This study reexamines the test on the pricing of accruals quality. Theory suggests that information risk is a priced risk factor. Using accruals quality as the proxy for information risk, researchers have tested the pricing of information risk. The results are inconsistent potentially because of the information shock in the realized returns that are used as the proxy for expected returns. Based on this argument, this study revisits this issue excluding information-shock-free measure of expected returns. Research design, data and methodology: This study estimates expected returns using the vector autoregression model. This method extracts information shocks more thoroughly than the methods in prior studies; therefore, the concern regarding information shock is minimized. As risk premiums are larger in recession periods than in expansion periods, recession and expansion subsamples were used to confirm the robustness of the main findings. For the pricing test, this study uses two-stage cross-sectional regression. Results: Empirical results find evidence that accruals quality is a priced risk factor. Furthermore, this study finds that the pricing of accruals quality is observed only in recession periods. Conclusions: This study supports the argument that accruals quality, as well as the pricing of information risk, is a priced risk factor.

Monte Carlo simulation for the response analysis of long-span suspended cables under wind loads

  • Di Paola, M.;Muscolino, G.;Sofi, A.
    • Wind and Structures
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    • v.7 no.2
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    • pp.107-130
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    • 2004
  • This paper presents a time-domain approach for analyzing nonlinear random vibrations of long-span suspended cables under transversal wind. A consistent continuous model of the cable, fully accounting for geometrical nonlinearities inherent in cable behavior, is adopted. The effects of spatial correlation are properly included by modeling wind velocity fluctuation as a random function of time and of a single spatial variable ranging over cable span, namely as a one-variate bi-dimensional (1V-2D) random field. Within the context of a Galerkin's discretization of the equations governing cable motion, a very efficient Monte Carlo-based technique for second-order analysis of the response is proposed. This procedure starts by generating sample functions of the generalized aerodynamic loads by using the spectral decomposition of the cross-power spectral density function of wind turbulence field. Relying on the physical meaning of both the spectral properties of wind velocity fluctuation and the mode shapes of the vibrating cable, the computational efficiency is greatly enhanced by applying a truncation procedure according to which just the first few significant loading and structural modal contributions are retained.

Effect of Substituted Trifluoromethyl Groups on Thermal and Mechanical Properties of Fluorine-containing Epoxy Resin

  • Heo, Gun-Young;Park, Soo-Jin
    • Macromolecular Research
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    • v.17 no.11
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    • pp.870-873
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    • 2009
  • In this study, 2-diglycidylether of benzotrifluoride (2-DGEBTF) and 4-diglycidylether of benzotrifluoride (4-DGEBTF) epoxy resins, which contained fluorine groups in the main chain, were synthesized. The resins were characterized by FTIR, $^1H$ NMR, $^{13}C$ NMR and $^{19}F$ NMR spectroscopy. The 2-DGEBTF and 4-DGEBTF epoxy resins were cured with triethylene tetramine (TETA), and the effect of the fluorine group on the synthesized epoxy resin on the cure behavior, thermal, and mechanical properties was investigated. The 2-DGEBTF/TETA system was more reactive than the 4-DGEBTF/TETA system, whereas the thermal stability factor i.e., the decomposition activation energy ($E_d$), of 4-DGEBTF/TETA was higher than that of 2-DGEBTF/TETA. These results can be explained by the decrease in cross-linking density and decomposition of the short side chains, resulting in the $CF_3$ group at the para position. However, the $K_{IC}$ value of 4-DGEBTF/TETA was higher than that of 2-DGEBTF/TETA. This was attributed to the increase in flexibility in the epoxy backbone, resulting in a difference in steric hindrance and polarlizability.

Motor Imagery EEG Classification Method using EMD and FFT (EMD와 FFT를 이용한 동작 상상 EEG 분류 기법)

  • Lee, David;Lee, Hee-Jae;Lee, Sang-Goog
    • Journal of KIISE
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    • v.41 no.12
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    • pp.1050-1057
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    • 2014
  • Electroencephalogram (EEG)-based brain-computer interfaces (BCI) can be used for a number of purposes in a variety of industries, such as to replace body parts like hands and feet or to improve user convenience. In this paper, we propose a method to decompose and extract motor imagery EEG signal using Empirical Mode Decomposition (EMD) and Fast Fourier Transforms (FFT). The EEG signal classification consists of the following three steps. First, during signal decomposition, the EMD is used to generate Intrinsic Mode Functions (IMFs) from the EEG signal. Then during feature extraction, the power spectral density (PSD) is used to identify the frequency band of the IMFs generated. The FFT is used to extract the features for motor imagery from an IMF that includes mu rhythm. Finally, during classification, the Support Vector Machine (SVM) is used to classify the features of the motor imagery EEG signal. 10-fold cross-validation was then used to estimate the generalization capability of the given classifier., and the results show that the proposed method has an accuracy of 84.50% which is higher than that of other methods.

A Quantitative Evaluation of Composite Indicators : Empirical Analysis of Comprehensive Rural Village Development Project (비명시적 평가지표를 활용한 농촌정책 평가)

  • Hwang, Jae-Hee;Lee, Seong-Woo
    • Journal of Korean Society of Rural Planning
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    • v.22 no.4
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    • pp.25-36
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    • 2016
  • The purpose of this study is to construct a quantitative evaluation method that can analyze the policy effectiveness with the construction of a implicit composite index incorporating spatial econometrics models. In order to propose a methodological framework for the program evaluation, this study conducts an empirical analysis with the application of the Comprehensive Rural Village Development Project (CRVDP) which explicitly claims to achieve comprehensive goal of community development. The present study pays particular attention to quantifying the composite evaluation index and drawing net effect through the application of a series of spatial econometrics models. The spatial unit of the analysis is drawn at Eup-Myeon level in rural areas in Korea, and the time horizon is in between 2005 and 2010. We utilize the Korean Agricultural Census data in 2005 and 2010. Three steps of methodological processes are needed to satisfy the objective of the present study. First, we apply factor analysis to construct the composite index that represents comprehensive settlement environment in rural area. The index should be matched with the main objective of the CRVDP. Second, we apply the derived index to a series of spatial econometrics model as dependent variable. Lastly, utilizing the estimated coefficients of the econometrics models, we apply decomposition technique to estimate CRVDP's net effect from both cross-sectional and longitudinal perspectives. We find that the results of the decomposition analysis by the execution of the CRVDP are positively associated with the explicit object of the project.