• The Journal of Industrial Distribution & Business
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• v.9 no.10
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• pp.83-89
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• 2018

Purpose - The purpose of this study examines when the optimism impact on financial asset price forecasting and the boundary condition of optimism in the financial asset price forecasting. People generally tend to optimistically forecast their future. Optimism is a nature of human beings and optimistic forecasting observed in daily life. But is it always observed in financial asset price forecasting? In this study, two factors were focused on considering whether the optimism that people have applied to predicting future performance of financial investment products (e.g., mutual fund). First, this study examined whether the degree of optimism varied depending on the direction of the prior price trend. Second, this study examined whether the degree of optimism varied according to the forecast period by dividing the future forecasted by people into three time horizon based on forecast period. Research design, data, and methodology - 2 (prior price trend: rising-up trend vs falling-down trend) × 3 (forecast time horizon: short term vs medium term vs long term) experimental design was used. Prior price trend was used between subject and forecast time horizon was used within subject design. 169 undergraduate students participated in the experiment. χ² analysis was used. In this study, prior price trend divided into two types: rising-up trend versus falling-down trend. Forecast time horizon divided into three types: short term (after one month), medium term (after one year), and long term (after five years). Results - Optimistic price forecasting and boundary condition was found. Participants who were exposed to falling-down trend did not make optimistic predictions in the short term, but over time they tended to be more optimistic about the future in the medium term and long term. However, participants who were exposed to rising-up trend were over-optimistic in the short term, but over time, less optimistic in the medium and long term. Optimistic price forecasting was found when participants forecasted in the long term. Exposure to prior price trends (rising-up trend vs falling-down trend) was a boundary condition of optimistic price forecasting. Conclusions - The results indicated that individuals were more likely to be impacted by prior price tends in the short term time horizon, while being optimistic in the long term time horizon.

• Journal of KIBIM
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• v.11 no.3
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• pp.75-90
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• 2021

A smart home system improves the elderly's quality of life by monitoring and analyzing their movements and health conditions with better health-care and social support services. Therefore, there has been an effort to adopt a smart home system for the independently living elderly. However, to the best of our knowledge, no study has investigated the usability of a smart home system on actual independently living elderly housing in long-term settings. Thus, this study aims to demonstrate the usability of a smart home system on independently living elders in living lab conditions. The BLE smart band and the BLE receiver were chosen for the smart home system to monitor the movement of the participants in their homes as well as to monitor the heart rates, step counts, sleep index. Nine independent living elderly from the senior welfare center in Kimjae participated in this living lab demonstration experiment for ten months. This demonstration experiment confirmed the effectiveness of low-cost and easily adoptable IoT-based BLE sensor sets on independent living elders and discussed the troubles and limitations of the experiment. By grasping the pros and cons of IoT-based BLE sensor sets, this study seeks to improve the accessibility and usability of smart home systems for the elderly population in independent living arrangements.

• Proceedings of the Korean Radioactive Waste Society Conference
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• 2003.11a
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• pp.266-269
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• 2003

To understand the long-term leach behavior of a borosilicate waste glass in a repository, the leaching experiment with three kinds of simulated borosilicate waste glasses has been carried out since the middle of 1997. The five years results indicate that a boron would be applied as an indicator of a long-term leaching of their borosilicate waste glasses and that their long-term leach rates have a tendency to be close to about $0.03g/m^2-day$ even though their compositions and their ratios of the surface area to the volume of leachate are different.

• Geomechanics and Engineering
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• v.29 no.2
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• pp.171-182
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• 2022

Reusing the used pile has not yet been implemented due to the unpredictability of the bearing capacity evolution. This paper presents an analytic approach to estimate the sides shear setup after the dissipation of pore pressure. Long-term evolution of adjacent soil is simulated by viscoelastic-plastic constitutive model. Then, an innovative concept of quasi-overconsolidation is proposed to estimate the strength changes of surrounding soil. Total stress method (α method) is employed to evaluate the long term bearing capacity. Measured data of test piles in Louisiana and semi-logarithmic time function are cited to validate the effectiveness of the presented method. Comparisons illustrate that the presented approach gives a reasonably prediction of the side shear setup. Both the presented method and experiment show the shaft resistance increase by 30%-50%, and this highlight the potential benefit of piles reutilization.

• Proceedings of the Korea Concrete Institute Conference
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• 2010.05a
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• pp.467-468
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• 2010

Over the past few decades, considerable numbers of studies on the durability of concrete have been carried out extensively. The majority of these researches have been performed on sound uncracked concrete, although most of in-situ concrete structures have more or less micro-cracks. It is only recent approach that the attention has shifted towards the influence of cracks and crack width on the penetration of chloride into concrete. The penetration of chlorides into concrete through the cracks can make a significant harmful effect on reinforcement corrosion. Author of this study examined the effect of cracks on chloride penetration by short term experiment. However, it is necessary to accomplish the effect by long term experiment to get reliable goal. In this study, the long term and short term experiments were carried out. This can be useful for establishing new species model of chloride penetration through cracks in concrete.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.61 no.8
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• pp.1148-1152
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• 2012

The vegetable-based insulating oils are substitutes for mineral oils in oil-filled transformer. The important properties of vegetable insulating oil is their higher flash/fire point and biodegradability than conventional mineral oils. The large oil-filled transformer eliminate the risk of explosion and fire should the transformer fail and oil ignite owing to high flash/fire point of vegetable insulating oil. In addition, higher biodegradability of vegetable insulating oils can let the oil spill damage reduced. In this experiment, the real oil-filled transformers using mineral oil and vegetable oil have accelerated aging. After working on the 100% accelerated aging experiment were conducted comparing the transformer. The hottest-spot temperature using thermal coefficients were calculated to determin the degree of accelerated aging. As a result, apply mineral oil transformer in accordance with the accelerated aging life come to an end. In contrast, vegetable insulating oils showed the opposite characteristics. Vegetable insulating oil compared to the mineral oil are found to be an long life. As a result, the vegetable oil has a long-term stability.

• Journal of Korean Neurosurgical Society
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• v.57 no.3
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• pp.152-158
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• 2015

Objective : The purpose of this study to develop new deep-brain stimulation system for long-term use in animals, in order to develop a variety of neural prostheses. Methods : Our system has two distinguished features, which are the fully implanted system having wearable wireless power transfer and ability to change the parameter of stimulus parameter. It is useful for obtaining a variety of data from a long-term experiment. Results : To validate our system, we performed pre-clinical test in Parkinson's disease-rat models for 4 weeks. Through the in vivo test, we observed the possibility of not only long-term implantation and stability, but also free movement of animals. We confirmed that the electrical stimulation neither caused any side effect nor damaged the electrodes. Conclusion : We proved possibility of our system to conduct the long-term pre-clinical test in variety of parameter, which is available for development of neural prostheses.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.1 no.1
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• pp.41-46
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• 2003

To understand the long-term leach behavior of a borosilicate Waste glass in a repository, the leaching experiment with three kinds of simulated borosilicate waste glasses has been carried out since the middle of 1997. The five years results indicate that a boron would be applied as an indicator of a long-term leaching of their borosilicate waste glasses and that their long-term leach rates have a tendency to be close to about 0.03g/$m^2$-day even though their compositions and their ratios of the surface area to the volume of leachate are different.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.7 no.3
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• pp.453-457
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• 2006

A long-term leaching column experiment was performed to evaluate the teachability of the stabilized lead-contaminated soil using soluble phosphate. The study shows that Pb in the leachate was little detected and the remaining $PO_4-P$ concentration kept below 0.1 mg/L due to the formation of geochemically stable lead phosphate minerals from the reactions of labile soil Pb forms with the added soluble phosphate salt. After the experiment, there was no Pb migration from the top to the bottom of the stabilized soil column. But the Pb concentrations of the 12 soil samples from the control column decreased with the increase of the soil depth.

• Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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• v.19 no.2
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• pp.267-270
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• 2021

Long-term experiments have been conducted on two important safety issues: long-term durability of a concrete barrier with the steel reinforcements and gas generation from low-and intermediate-level wastes in an underground research tunnel of a radioactive waste disposal facility. The gas generation and microbial communities were monitored from waste packages (200 L and 320 L) containing simulated dry active wastes. In the concrete experiment, corrosion sensors were installed on the steel reinforcements which were embedded 10 cm below the surface of concrete in a concrete mock-up, and groundwater was fed into the mock-up at a pressure of 2.1 bars to accelerate groundwater infiltration. No clear evidence was observed with respect to corrosion initiation of the steel reinforcement for 4 years of operation. This is attributed to the high integrity and low hydraulic conductivity of the concrete. In the gas generation experiment, significant levels of gas generation were not measured for 4 years. These experiments are expected to be conducted for a period of more than 10 years.