• The Pure and Applied Mathematics
• /
• v.27 no.1
• /
• pp.43-50
• /
• 2020

We investigate the domain of influence of the local volatility function on the solutions of the general Black-Scholes model. First, we generate the sample paths of underlying asset using the Monte Carlo simulation. Next, we define the inner and outer domains to find the effective volatility region. To confirm the effect of the inner domain, we use the root mean square error for the European call option prices, and then change the values of volatility in the proposed domain. The computational experiments confirm that there is an effective region which dominates the option pricing.

• Journal of the Korean Institute of Navigation
• /
• v.22 no.3
• /
• pp.65-72
• /
• 1998

The use of high tensile steel plates is increasing in the fabrication of ship and offshore structures. In usual, plate element contributes to inplane stiffness against the action of inplane load. If the plate element has local corrosion, its load carrying capacity under inplane load is expected to be reduced. Until now, however, the research report concerned with this topic has not seen. In this study, a basic study which clarifies the influence of local corrosion on the ultimate collapse strength of plate element subjected to axial compression is carried out by using elasto-platic large deformation finite element analysis. In particular, influence of corrosive area, corrosive thickness and slenderness ratio of dented plate is investigated.

• International Journal of Naval Architecture and Ocean Engineering
• /
• v.7 no.3
• /
• pp.490-499
• /
• 2015

In this study, a local ice pressure prediction has been conducted by using measured data from two ice breaking tests that was conducted for a relatively big ice floe at Amundsen Sea in the Antarctica from January 31 to March 30 2012. The symmetry of load was considered by attaching strain gauges on the same sites inside the shell plating of ship at the port and the starboard sides in the bow thrust room. Using measured strain data, after the ice pressure was converted by the influence coefficient method and the direct method, the two values were found to be similar.

• Structural Engineering and Mechanics
• /
• v.23 no.1
• /
• pp.15-27
• /
• 2006

A locally varying temperature field or a mixture of two or more different materials can cause local variation of elasticity properties of a beam. In this paper, a new Euler-Bernoulli beam element with varying Young's modulus along its longitudinal axis is presented. The influence of axial forces according to the linearized 2nd order beam theory is considered, as well. The stiffness matrix of this element contains the transfer constants which depend on Young's modulus variation and on axial forces. Occurrence of the polynomial variation of Young's modulus has been assumed. Such approach can be also used for smooth local variation of Young's modulus. The critical loads of the straight slender columns were studied using the new beam element. The influence of position of the local Young's modulus variation and its type (such as linear, quadratic, etc.) on the critical load value and rate of convergence was investigated. The obtained results based on the new beam element were compared with ANSYS solutions, where the number of elements gradually increased. Our results show significant influence of the locally varying Young's modulus on the critical load value and the convergence rate.

• Proceedings of the Korean Society for Quality Management Conference
• /
• 2006.11a
• /
• pp.221-226
• /
• 2006

We usually use two techniques(influence function and local influence) for detecting outliers. But, we cannot use these difficult techniques in elementary industrial statistics course for college students. We can use some simple graphical methods(box plot, dandelion seed plot, influence graph and cumulative deletion plot) for univariate and bivariate outlier detection and outlier effect in elementary industrial statistics course for college students.

• Asia-Pacific Journal of Business
• /
• v.14 no.4
• /
• pp.357-370
• /
• 2023

Purpose - This study examined the influence relationships between the impacts of tourism development, local attachment, and resident involvement and local residents' support and pro-environmental behavior intentions in Jeju Island. Design/methodology/approach - A questionnaire was distributed to the Jeju Island residents and 373 samples were used for the analysis. Findings - The results showed that the perceived positive impact of tourism development has a positive effect on local residents' support, while the negative impact has a negative effect. Local attachment has no significant effect on local residents' support, while local involvement positively affects local residents' support. The positive impact of tourism development has a negative effect on pro-environmental behavior intention, while the perceived negative impact has a positive effect. Finally, when analyzing the relationship between local attachment, local involvement, and local support for eco-friendly behavior intention, it was found that they all have a positive effect. Research implications or Originality - Theoretical and managerial implications and suggestions for future research are discussed.

• Journal of Contemporary Eastern Asia
• /
• v.16 no.1
• /
• pp.93-113
• /
• 2017

This study aimed to determine the changes in the local fiscal structure brought about by the change in the transaction tax, including the acquisition tax, by the central government. The review of the analysis results proved the following. First, the government's transaction tax exemption policy effectively influenced the expansion of the local fiscal budget. Transaction tax exemptions such as acquisition tax exemptions would not contribute to the expansion of the local fiscal budget in the short run, but may do so in the long run. Second, the review of the effect of the transaction tax exemption policy by the central government on the local fiscal structure confirmed that its impact on the local fiscal structure may vary depending on the timing of such tax exemption. Third, the overall local fiscal structure as a result of the transaction tax exemption by the central government was confirmed to have been influenced more by the fiscal capability of the local government than by the income level of the local residents. In conclusion, the stimulation of real estate transactions using tax tools may positively influence the overall fiscal structure of local governments, but it would also put pressure on the fiscal management of local governments because it is largely influenced by the fiscal capability of the local governments.

• Journal of the Korean association of regional geographers
• /
• v.10 no.3
• /
• pp.539-553
• /
• 2004

The main aim of this paper is to analyze the influence of the particular social geographical characteristics and the historical background of an area on the thinking and attitudes of its Japanese locals towards immigrant residents. The results of my research suggest the following three points. Firstly, Japanese locals who were strongly attached to their communities were likely to avoid foreign residents. In the areas where new residents were dominant in the community local people were relatively open and accepting to foreign residents. Secondly, age and occupation were influential factors that made some impact on the attitudes of Japanese locals towards foreign residents. When local and foreign residents carried out the same type of occupations Japanese locals were antagonistic with immigrant residents. Finally, the feelings and attitudes of Japanese locals towards migrant residents deeply affected the policies of local governments with regard to treatment of foreign residents, while the policies of local governments for foreign residents might influence the thinking of Japanese local residents about the foreign residents.

• Journal of Korean Society for Atmospheric Environment
• /
• v.27 no.5
• /
• pp.504-522
• /
• 2011

Simulations of CMAQ with the High-order Decoupled Direct Method (HDDM) for a 2010 June episode are applied to estimate the influence of local and neighborhood emissions on ozone concentrations in the Kwang-Yang Bay (KYB) area. In order to examine ozone response to reductions in $NO_x$ and VOC emissions from KYB and Gyeongsang, ozone isopleths are generated with the first and second-order sensitivity coefficients from HDDM simulations at three sites; Taein, Samil, and Gwangmoo. Simulations show that reduction in KYB $NO_x$ may increase ozone over the sites. On the contrary, $NO_x$ reduction from Gyeongsang may decrease ozone at the sites when transport of ozone and its precursors from upwind Gyeongsang is potentially high. However, VOC reductions from KYB and Gyeongsang are favorable to lower ozone over KYB. The study implies that emission reductions for both local and neighboring areas are likely more effective to bring KYB to ozone attainment.

• Journal of Integrative Natural Science
• /
• v.10 no.4
• /
• pp.216-224
• /
• 2017

In the terrain of the Korean peninsula, mountainous and flat lands are complexly distributed in small areas. Therefore, local severe weather develops and disappears in a short time due to the influence of the terrain. Particularly in the case of local severe weather with heavy wind that has the greatest influence on aviation meteorology, the scale is very small, and it occurs and disappears in a short time, so it is impossible to predict with fragmentary data alone. So, we use weather radar to detect and predict local severe weather. However, due to the development of wireless communication services and the rapid increase of wireless devices, radio wave jamming and interference problems occur. In this research, we confirmed through the cases that when the radio interference echo which is one of the non-precipitation echoes that occur during the operation of the weather radar is displayed in the image, its form and shape are shown in a long bar shape, and have a strong dBZ. We also found the cause of the interference through the radio tracking process, and solved through the frequency channel negotiation and AP output minimizing. The more wireless devices increase as information communication technology develops in the future, the more emphasized the problem of radio wave interference will be, and we must make the radio interference eliminated through the development of the radio interference cancellation algorithm.