• Title/Summary/Keyword: Decision Cost

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Policy Evaluation of the Government Financial Transfers to Korean Fisheries : LISREL Approach (수산부문 정부재정지원정책의 정성 평가)

  • 박성쾌;김정봉
    • The Journal of Fisheries Business Administration
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    • v.33 no.2
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    • pp.1-29
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    • 2002
  • The main objective of this research aims at analyzing efficiency of government financial transfers(GFTs) to the Korean fisheries sector, using the Linear Structural Relations model(i.e., LISERL model) and the field survey data. Most policies of GFTs tend to be implemented to protect industries with weak competitive advantages such as infant and/or primary industries. Specific policy instruments include income transfers, government loans with lower interest rates, taxes and the like. Fishing activities are made at a highly changeable natural environment of the ocean with a great amount of risk and uncertainty. Fishing households make their livelihood under the small-scale fisheries. Such fisheries and fishing households have also a relatively weak market power. Because of these fisheries characteristics most coastal states have adopted a variety of government support programs. However, despite such a huge government support, during the past several decades the world fishing communities have seen a tendency of continuous fishereis resource overexploitation. For this resason there have been hot debates over the government support policies for fisheries through OECD, FAO, WTO, and UNEP. In general, policy evaluations tend to be made on the basis of benefit-cost(B/C) analysis. However, the B/C analysis may produce results quite different from real ones primarily due to many unmeasurable effects. Thus, the authors composed simple questionaires and let fishermen, government officials and academic people answer the questions. The survery was made in several ways such as post-mail and personal/group interviews. In recent years, for analysis of policy performances and effectiveness, the LISREL model has often been used, which consists of structural and measurement eqquations. This model has a good advantage of transforming unobservable variables to observable ones so that it helps construct endogenous cause and effect relationships among relevant variables. The evaluation was done from the two aspects: policy results and policy effectiveness. The policy result evaluation showed that there is a need for improvement for policy problem perception and decision-making process, while the policy effect evaluation suggested that the policy goals were successfully achieved and social justice was improved from the perspective of the entire society as well. However, the research results showed that the GFT policies rendered little contrubtion to narrowing down the gap between GFT beneficiaries and non-beneficiaries incomes.

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ADR in IP Dispute (ADR에서의 지적재산권분쟁 - 중재$\cdot$조정중심으로 -)

  • Yun Sun-Hee
    • Journal of Arbitration Studies
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    • v.13 no.1
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    • pp.125-167
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    • 2003
  • ADR program is designed to solve the problem such as the increase of suits and decision delayed. ADR program has the several significances, decreasing inappropriate cost as time and burden of courts, providing an approachable measure of relief and more efficient tool for settlement of dispute. Particularly ADR program satisfies the needs Intellectual property disputes need specialists that are versed in the subjected problem and, need to be souled quickly in confidence. And parties concerned are not good at the strict judicial procedure in courts, At this point, ADR program holds some advantages over court proceeding for intellectual property disputes. Specialists can be selected as arbitrators or mediator; Cofidentiality may be preserved; Flexibility allows settlement based on mutual commercial interests; Single solution is possible for multiple disputes involving parties from different countries. However, ADR program has not been properly used in. Korea, which is due to not only the lack of understanding the ADR program, but the poor number of filings and settlements. Intermediaries are not professional and also they do not take active hands in disputes. Sometimes, their fairness is asked as peacemakers. Eventually, it is said that this program is not enough to settle international disputes. To activate the ADR program, we can propose the ADR program annexed to court for example. And we can introduce the conciliation and arbitration to disputes in intellectual property. Traditionally arbitration has been a crucial issue in intellectual property disputes. In that intellectual property rights are granted by the local sovereign power, many legal systems in the past maintained the position that the existence, extent, meaning and application of such rights could only be definitively decided by the granting authority or the courts of that country. There is wide recognition that the arbitration of intellectual property is desirable. The law in most of the major countries has been changed in recent years in favor of arbitrability of intellectual property rights. We can also propose ADR on-line.

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Multiple Continuous Skyline Query Processing Over Data Streams (다중 연속 스카이라인 질의의 효율적인 처리 기법)

  • Lee, Yu-Won;Lee, Ki-Yong;Kim, Myoung-Ho
    • The Journal of Society for e-Business Studies
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    • v.15 no.4
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    • pp.165-179
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    • 2010
  • Recently, the processing of data streams such as stock quotes, buy-sell orders, and billing records becomes more important in e-Business environments. Especially, the use of skyline queries over data streams is rapidly increasing to support multiple criteria decision making. Given a set of multi-dimensional tuples, a skyline query retrieves a set of tuples which are not dominated by other tuples. Although there has been much work on processing skyline queries over static datasets, there has been relatively less work on processing multiple skyline queries over data streams. In this paper, we propose an efficient method for processing multiple continuous skyline queries over data streams. The proposed method efficiently identifies which tuple is a skyline tuple of which query, resulting in a lower cost of processing multiple skyline queries. Through performance evaluation, we show the performance advantage of the proposed method.

A COMPARISON OF PATIENT-CONTROLLED ANALGESIA (PCA) AND INTRAMUSCULAR ANALGESIA AFTER ORTHOGNATHIC SURGERY (악교정 수술후 근주와 자가통증조절장치(PCA)의 제통효과 비교)

  • Park, Mi-Hwa;Kim, Jae-Hyun;Baek, Sang-Heum;Cha, Duwon;Lee, Sang-Han
    • Journal of the Korean Association of Oral and Maxillofacial Surgeons
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    • v.31 no.3
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    • pp.260-265
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    • 2005
  • Patient-controlled analgesia (PCA) has been widely used for postoperative pain control in medical surgery parts. Conventional intramuscular analgesia (IMA) is also effective in postoperative pain control, but it has some disadvantages that depend on patients' perception of pain and the anxiety that they endure caused by the delay of the injection time. This study was conducted to assess the efficacy and postoperative outcomes of intravenous PCA compared to IMA injections in 36 patients (BSSRO). Three factors were compared: amount of pain in PCA and IMA group ; amount of pain according to the sex in PCA and IMA group and the amount of pain according to the analgesia use. Results of this study did not demonstrate a statistically significant difference in any of these, using a p value of 0.05. The results of this study were as follows. : 1. There was no statistically significant difference in VAS pain score between IMA group and PCA group. 2. There was no statistically significant difference according to the sex. 3. There was no statistically significant difference according to the amount of PCA. The history of PCA is about 30 years and many literatures have reported about its effects, complications, methods, advantages and disadvantages. So, this study has some limitations of small sample size to conclude the effects of PCA. But when the decision about the method for postoperative pain control has to be made, it should be made based on patient or physician preference and cost factors rather than on the trend.

A Method to Improve Energy Efficiency for IoT Using SSL/TLS on Wireless Network (무선 환경에서 SSL/TLS를 사용하는 IoT의 에너지 효율성 향상을 위한 기법)

  • Chung, Jin Hee;Cho, Tae Ho
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.26 no.3
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    • pp.661-666
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    • 2016
  • The Internet of Things (IoT) is an infrastructure of physical objects that could be connected to the Internet. Most of these are low performance to ensure a reasonable cost for the smart physical objects. Thus, these devices usually use a lightweight messaging protocol: message queue telemetry transport with SSL/TLS. Cipher suites in device are fixed by default and selected based on preference in SSL/TLS. However, the selected cipher suite provides high security level more than expected. This limitation causes energy waste and overhead of devices. In order to counter this problem, we proposed fuzzy logic based cipher suite decision method to improve energy efficiency. Our proposed method saved 36.03% energy.

Optimizing dispatching strategy based on multicriteria heuristics for AGVs in automated container terminal (자동화 컨테이너 터미널의 복수 규칙 기반 AGV 배차 전략 최적화)

  • Kim, Jeong-Min;Choe, Ri;Park, Tae-Jin;Ryu, Kwang-Ryul
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2011.06a
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    • pp.218-219
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    • 2011
  • This paper focuses on dispatching strategy for AGVs(Automated Guided Vehicle). The goal of AGV dispatching problem is allocating jobs to AGVs to minimizing QC delay and AGV total travel distance. Due to the highly dynamic nature of container terminal environment, the effect of dispatching is hard to predict thus it leads to frequent modification of dispatching results. Given this situation, single rule-based approach is widely used due to its simplicity and small computational cost. However, single rule-based approach has a limitation that cannot guarantee a satisfactory performance for the various performance measures. In this paper, dispatching strategy based on multicriteria heuristics is proposed. Proposed strategy consists of multiple decision criteria. A muti-objective evolutionary algorithm is applied to optimize weights of those criteria. The result of simulation experiment shows that the proposed approach outperforms single rule-based dispatching approaches.

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Location-based Multicast Routing Algorithms for Wireless Sensor Networks in Presence of Interferences (무선 센서네트워크상에서 간섭영향을 고려한 위치정보기반 멀티캐스트 라우팅 알고리즘)

  • Cha, Jae-Young;Kong, Young-Bae;Choi, Jeung-Won;Ko, Jong-Hwan;Kwon, Young-Goo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.37 no.4B
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    • pp.219-226
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    • 2012
  • In wireless sensor networks (WSNs), location-based multicast routing (LMR) technique can increase the network life time and the channel capacity by reducing the number of duplicated data transmissions and control messages. However, previous LMR techniques can suffer from significant performance degradation due to concrete walls or other interfering objects deployed in the real environment, since they transmit the packets by using only the locations of the sensor nodes. To solve this problem, we propose an interference-aware location based multicast algorithm for WSNs. In the proposed algorithm, each node adjusts the energy cost for each link adaptively considering the interference effect and uses it for multicast decision in order to minimize the interference impact. Experimental results show that the proposed algorithm improves the delivery and energy performance when the network is affected by interference.

A Study on the Establishment of the Deterioration Process Model of Roof Waterproofing in the Education facilities (교육시설의 옥상방수 열화도 진행 모델에 관한 연구)

  • Lee, Kang-Hee;Chae, Chang-U;Ryu, Soo-Hoon
    • Journal of the Korean Institute of Educational Facilities
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    • v.24 no.6
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    • pp.11-18
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    • 2017
  • Education facilities have much affect to make a good condition for the learning environment. Therefore, various approaches have been conducted to improve the physical, social and educational achievement. Especially, the physical aspect is very important to get rid of the building defect and improve the student their learning environment. For these, it needs to explain the performance and function of components and materials, which is linked with the deterioration degree. The deterioration degree is a imperative factor to make a decision whether the component would be repaired or not and to provide the repair scope of its component. In this paper, it aimed at making the deterioration degree model of roof proof under the hypothesis of which deterioration degree would be equal the repair cost at this time. Results of the study are shown that first, the $3^{rd}$ function is most proper to explain the deterioration degree model among 11 functions in view of resulted statistics. Second, the inflection of deterioration is shown at 15yr of the elementary school and 13yr of the middle and high school. This study has a limit of disclassification of the component or materials and it is, therefore, favorable to include the classification of waterproof material and work. These results would make a change from the breakdown maintenance to preventive maintenance and give a decent the learning environment for student.

A case study on the economic feasibility of different patterns of green care and healing complexes

  • Koo, Seungmo;Kim, Dae Sik;Koo, Hee Dong;Lee, Han Joon;Park, Bum Jin;Kim, Kyoung-Chan
    • Korean Journal of Agricultural Science
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    • v.44 no.3
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    • pp.451-461
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    • 2017
  • Korean agriculture has recently focused on the 6th dimension of industrialization, which includes the functions of healing and care. The green care and healing business is one of the most representative models, satisfying modern consumers' needs for care or healing in rural agricultural environments. Many studies have shown physical and social benefits from green care and healing, but studies regarding economic performance are rarely found. The present study aimed to analyze the economic feasibility of different green care and healing farm complexes proposed in recent domestic research, with various possible combinations of business scenarios. The results show that most of the scenarios are economically feasible as B/C (benefit-cost ratio) and IRR (internal rate of return) are 1.19 and 8.53%, respectively, under scenario 1. This study also performed a break-even analysis for providing more flexible decision-making information. Overall, scenario 1 from green care and healing site and scenario 4 from green care and healing cluster are found to be superior to the other scenarios in terms of B/C and IRR. The scenarios in this study reflect the domestic farms or complexes which have similar functions of care or healing. Therefore, the results of this study provide information on practical policies and business implications in making decisions on the specific size and operational patterns when adopting green care and healing complexes by central or local governments and private sectors in the future.

Effect of Dividend Policy on the New Issue Announcement Effects (배당정책에 따른 유상증자 공시효과)

  • Lee, Young-Hwan;Yoon, Hong-Geun;Ahn, Byung-Hwa
    • Journal of Digital Convergence
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    • v.12 no.3
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    • pp.149-160
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    • 2014
  • This paper analyses whether change in corporate dividend policy affects the new issue announcement effects. By conducting an event study using 683 new equity announcements data from year 2000 to year 2009, we find firms paying more dividends experience relatively negative announcement effects of seasoned equity offerings comparing with firms paying less dividend. The cross sectional regression analysis results confirm our findings. These results indicate that corporate dividend policy change may interact with forthcoming new equity announcement decision, which may result in a negative signal to the capital markets.