• Title/Summary/Keyword: Local interest

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LOCAL VOLATILITY FOR QUANTO OPTION PRICES WITH STOCHASTIC INTEREST RATES

  • Lee, Youngrok;Lee, Jaesung
    • Korean Journal of Mathematics
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    • v.23 no.1
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    • pp.81-91
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    • 2015
  • This paper is about the local volatility for the price of a European quanto call option. We derive the explicit formula of the local volatility with constant foreign and domestic interest rates by adapting the methods of Dupire and Derman & Kani. Furthermore, we obtain the Dupire equation for the local volatility with stochastic interest rates.

Effect of Local Community to the Participation of Local Festival in Cheonan (천안시민의 지역사회 애착도가 지역축제 참여에 미치는 영향)

  • Cho, Won-Seb;Choi, Sang-Su
    • The Journal of the Korea Contents Association
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    • v.11 no.3
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    • pp.449-459
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    • 2011
  • This study was to explore the effect of local community on participation of local festival. In order to carry out the empirical study, 320 survey questionnaires were collected in Cheonan. AMOS 4.0 and SPSS Win 12.0 statistics packages were utilized for analysis of SEM. The study results were as follows: first, analysis on the relationship between identity and participation of local festival(interest of festival participation, extent of local festival, intention of local festival) Showed that identity effected every factor of participation of local festival, second, dependence effected interest of festival participation and intention of local festival, third, social friendship can't effected every factor of participation of local festival.

A Study on Degree of Interest in Health Projects Among Public Servants of Local Centers and Local Residents (보건사업에 관한 주민센터 공무원과 지역주민의 관심차이)

  • Kim, You Ho;Choi, Gyu yil
    • Journal of Digital Convergence
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    • v.18 no.5
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    • pp.521-530
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    • 2020
  • This study was intended to provide basic data for increasing the interest in health projects for the public servants and local residents in the period ahead by examining the difference in the degree of interest in health projects among the public servants at resident centers and the residents. For that, 46 public servants at resident centers and 107 local residents were sampled, and their degree of interest in specific health projects was analyzed based on Chi-Square and independent sample t-test. Based on comprehensive consideration of the results of analysis, public servants at resident centers were found to have lower interest in health projects than local residents. The results of this study showed that the public servants at resident centers had lower interest in health projects than local residents. That arises from the consideration that specialization is important for implementation of special works. Thus, this study needs to focus on expanding the role of public servants to ensure that resident centers can take on integrated role related to public health. Therefore, the results of this study can provide basic data for expanding the role of public servants at resident centers. Moreover, the results of this study suggested that various ways need to be explored to increase the interest in health projects for local residents.

Comparison of Environmental Attitude between Interest Groups in Gayasan National Park (가야산 국립공원의 이해집단 간 환경태도 비교)

  • Han, Jae-Gyeong;Woo, Hyung-Taek
    • Journal of Environmental Science International
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    • v.27 no.11
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    • pp.1049-1057
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    • 2018
  • This study aims to analyze and compare environmental attitudes of interest groups, including visitors, local residents, Buddhist monks, and staff of the Korea National Park Service in Gayasan National Park. To achieve this purpose, five hypotheses were formulated and tested. While three hypotheses were statistically rejected, two were accepted. In every interest group, the environmental attitude level of women was higher than that of men. Local residents particularly showed statistically significant differences in accordance with occupation. The difference in environmental attitude between visitors and local residents was not statistically significant. Finally, the environmental attitude level between interest groups was divided into three groups. The staff of the Korea National Park Service showed the highest level of environmental attitude, followed by Buddhist monks, and a group of visitors and residents recorded the lowest. However, the average level of environmental attitude of every interest group scored above the mid-point of 3. Therefore, it can be concluded that there exists no difference between or conflicts among interest groups related to strengthening conservation and management policies regarding the protection of Gayasan National Park.

Local Influence Analysis of the Equicorrelation Model

  • Kim, Myung-Geun;Jung, Kang-Mo
    • Journal of the Korean Statistical Society
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    • v.31 no.4
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    • pp.447-458
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    • 2002
  • The influence of observations in the equicorrelation model is investigated using the local influence approach when all parameters or subsets of parameters are of interest. When a parameter of interest is scalar, an analytical form of the local influence measure can be found. We will derive a measure for identifying observations that have a large influence on the test of fitting the equicorrelation model. An example is given for illustration.

A Study on Improvement for Local Telecommunication Network -A case of Pusan & Kyungnam Province- (지역정보통신망의 개선방안에 관한 연구 -부산.경남지역을 중심으로-)

  • 박민수;김광현;김기문
    • Journal of the Korean Institute of Navigation
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    • v.20 no.4
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    • pp.111-128
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    • 1996
  • This paper is focused on the desirable improvement schemes of the local network of information and telecommunication network. In this study, we examined whether polices of information and telecommunication of government have been carried out a desirable programme to meet the public interest, found out several problems in the these policies. Such problems as follows : (1) a system of local information & telecommunication is developing by a Model of Top-Down. In the present management system, an interest of the public of local society about the local telecommunication network is a much lower level, (2) there is no general controlling roll of the local information & telecommunication, (3) there is no service controlling system of local telecommuni-cation, and (4) there is no organic coordinating system of inter-departments in the central government level. In order to resolve these problems, this study suggests a few desirable sxhemes for the local telecommunication : (1) an establishment of middle-long range planning for the integrated future network of info-telecommunication, (2) an organizing of telecommunication network being suitable for the local characteristics toward B-ISDN.

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Comparison of Environmental Attitude between Interest Groups in Juwangsan National Park (주왕산 국립공원의 이해집단 간 환경태도 비교)

  • Woo, Hyung-Taek;Han, Jae-Gyeong;Jeon, Eun-Jung
    • Journal of Environmental Science International
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    • v.26 no.11
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    • pp.1235-1246
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    • 2017
  • This study aims to analyze and compare the environmental attitude level and characteristics of interest groups, including visitors, local residents, and local public servants (Cheongsong-gun), in Juwangsan National Park. A statistical analysis of 418 questionnaires concluded that there was no statistically significant gender difference in the level of environmental attitude between the visitors, local residents, and local public servants. In the case of visitors, no significant difference was found in the level of environmental attitude according to age and occupation, but the level of environmental attitude of local residents showed a significant difference according to age and occupation. In general visitors, local residents, and local public servants all scored above the mid point on average, but no statistically significant difference in environmental attitude was observed between these groups. Therefore, it is concluded that mutual consensus can be derived from these interest groups to strengthen the protection of Juwangsan National Park.

A Study of the Attributes of Local Reader: Differences among Three Kinds of Reader Groups (신문 열독 유형별 지방 독자의 속성 연구: 중앙지 독자, 지방지 독자, 병독자에 관한 탐색)

  • Park, Jae-Yung;Joe, Su-San
    • Korean journal of communication and information
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    • v.27
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    • pp.123-151
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    • 2004
  • This study explores the attributes of local readers based on a discriminant analysis. Local readers are divided into three groups national newspaper reader, local newspaper reader, and national & local newspaper reader. A nationwide telephone survey was conducted in june, 2004 and gathered 2,063 cases. News subject and advertising appeared to play less important role in distinguishing among the three group examined. The most powerful discriminating variables were residence area and period of residence area. Education, interest of capital city news, job were found to be moderately important variables on Function 1, which distinguished between local newspaper reader and national & local newspaper reader. Generally, local newspaper reader showed higher interest on capital area news and lower interest on metropolitan area news. However, the result of a discriminant analysis indicated local newspaper reader was distinguished from national newspaper reader in terms of higher interest of metropolitan area news. Simultaneously, local newspaper reader was distinguished from national & local newspaper in terms of lower interest of capital area news.

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The Characteristics of Spaces and Programs of Local Museums Examined from the Perspective of Spatial Marketing - Focused on Seoul and Incheon - (공간마케팅 관점에서 본 지역박물관의 공간과 프로그램 특성 - 서울·인천지역을 중심으로 -)

  • Woo, Eun-Young;Kim, Moon-Duck
    • Korean Institute of Interior Design Journal
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    • v.26 no.3
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    • pp.55-62
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    • 2017
  • As recently too many local museums have been built in the whole country, most of them cannot attract enough spectators. In order to resolve this problem, it is needed for local museums to differentiate their spaces and programs related to their exhibition. Thus, the purpose of this study was to analyze the characteristics of spaces and programs of local museums from the perspective of spatial marketing to activate them, and contribute to development of local cultures. This study targeted historical public museums located in Seoul and Incheon. Through preceding research, an analysis frame was established based on the keywords related to spatial marketing, and then the characteristics of spaces and programs of local museums were analyzed based on the frame. The study results are as follows. 1) Access convenience refers to openness that public museums located in Seoul and Incheon can embrace accessible locations, points of interest, and convenient facilities easily recognized by pedestrians. 2) Symbolic formativeness is to express symbolic historical contents in the museum lobby or exhibition to show the identity of local museums. 3) Visibility is needed for direct guidance signs or spaces to let spectators know directions and locations. 4) Public concern is for spectators and local residents to participate in local museums to share and utilize their partial spaces. 5) Interactivity is to induce activation of local museums by utilizing experience exhibition contents and having spectators directly contact exhibits. 6) Interest is related to cultural festival programs of exhibition to arouse spectators' and local residents' curiosity. 7) Participation is to activate spaces and spectators by providing educational programs. 8) Usefulness is to induce spectators' interest in local museums by providing historical, social, and cultural information. These results are expected to be used as baseline data to suggest a new direction for activation of local museums from the perspective of spatial marketing.

Local Influence on Misclassification Probability

  • Kim, Myung-Geun
    • Journal of the Korean Statistical Society
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    • v.25 no.1
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    • pp.145-151
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    • 1996
  • The local behaviour of the surface formed by the perturbed maximum likelihood estimator of the squared Mahalanobis distance is investigated. The study of the local behaviour allows a simultaneous perturbation on the samples of interest and it is effective in identifying influential observations.

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