• Proceedings of the Computational Structural Engineering Institute Conference
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• 1994.04a
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• pp.38-45
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• 1994

The general conceptual constitution of structural optimization is formulated. The algorithm using the gradient projection method and design sensitivity analysis is discussed. Examples of minimum-weight design for six-story steel plane frame are taken to illustrate the application of this algorithm. The advantages of this algorithm such as marginal cost and design sensitivity analysis as well as system analysis are explained.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.4 no.5
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• pp.11-14
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• 1981

This study intends to decide the economic sample size based on the cost of sampling Inspection for destructive testing. The marginal percent defective is used as the lot tolerance percent defective (LTPD), and the Newton's iterative method is adopted to calculate the optimum sample size(n), given by the consumer's risk($\beta$ - risk) and the acceptance number(c).

• Proceedings of the Korea Society for Energy Engineering kosee Conference
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• 1993.05a
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• pp.101-105
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• 1993

국내 천연가스 공급가격을 산정하기 위해 천연가스 가격책정 모형을 이용하여 한국가스공사 공급가격과 도시가스회사 공급가격을 구하고 도출된 결과를 분석하였다. 분석결과에 의하면 LNG를 전량 수입하는 국내 상황에서 천연가스가격은 외부조건과 기술여건에 상당히 민감하다는 것을 알 수 있었다. 또한 모형에서 구한 가격을 현행 소비자가격과 비교하였을 때 모형에 의해서 도출된 가격이 다소 높이 책정되었으며, Peak 기간과 Off Peak 기간에 뚜렷한 가격격차를 나타내었다.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.646-648
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• 2003

Distribution pricing has been one of keystones of ongoing deregulation and privatization process in power industries. The electricity market has been established based on open access and nondiscriminatory use of the Distribution assets. As Distribution business remains as a monopoly, it is necessary to provide economic regulation. This paper focuses on the distribution pricing methods using by Incremental Marginal Cost and Yardstick Regulation.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.596-598
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• 2003

본 논문에서는 CBP 가격을 기반으로, TWBP시장의 가격을 분석하였다. KPX가 발표한 SMP와 수요예측자료로 누적입찰자료를 추정하었으며, 이를 이용하여 계획예방정비에 따른 TWBP가격 변동을 시뮬레이션 하였다.

• Ocean and Polar Research
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• v.36 no.3
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• pp.289-302
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• 2014

This paper aims to evaluate the indirect economic damages to anglers of the marine recreational charter caused by marine pollution associated with the Herbei Spirit vessel, which spilled 12,547 kl of crude oil in Taean coastal areas in December 2007. In order to evaluate the indirect cost to anglers of the charter fishing, consumer surplus for charter fishing is estimated using a Poisson model (PM), a negative binomial model (NBM), a truncated Poisson model (TPM), and a truncated negative binomial model (TNBM), which account for the characteristics of count data (non-negative discrete data), for individual travel cost method (ITCM). Because of over-dispersion problem in PM and TPM, NBM and TNBM are considered to be more appropriate statistically. All parameters such as income, fishing careers, travel cost and catch that are estimated are statistically significant and theoretically valid. Based on TNBM results, consumer surplus per trip and per person was estimated to be 277 thousand won, total consumer surplus per person and per year about 2.3 million won, and the marginal effect of consumer surplus on % changes in catch rate is about 33 thousand won. The consumer surplus was converted into total indirect economic damages for aggregation which are evaluated to be 125 billion won, reflecting the number of anglers and damage rate.

• Ocean and Polar Research
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• v.30 no.2
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• pp.141-148
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• 2008

This paper aims at estimating consumer surplus for recreational sea fishing in Tongyeong coastal area using individual travel cost method. A Poisson model (PM), a negative binomial model (NBM), a truncated Poisson model (TPM), and a truncated negative binomial model (TNBM) are applied for individual travel cost method in order to account characteristics of count data (non-negative discrete data.) The survey was conducted for 462 inshore anglers using personal interview method in Tongyeong during July and October 2007. Respondents were asked about how often they do fishing, travel costs, catch, income, and so on. Because of over-dispersion problem in PM and TPM, NBM and TNBM were considered to be more appropriate statistically. All parameters estimated are statistically significant and theoretically valid. As the results based on TNBM, consumer surplus per trip was estimated to be 183,486 won, total consumer surplus per person and per year 3,399,658 won, and the marginal effect of consumer surplus on % changes in catch rate is 185,372 won.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.11 no.6
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• pp.3254-3272
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• 2017

With the development of wireless access technologies and the popularity of mobile intelligent terminals, cloud computing is expected to expand to mobile environments. Attribute-based encryption, widely applied in cloud computing, incurs massive computational cost during the encryption and decryption phases. The computational cost grows with the complexity of the access policy. This disadvantage becomes more serious for mobile devices because they have limited resources. To address this problem, we present an efficient verifiable outsourced scheme based on the bilinear group of prime order. The scheme is called the verifiable outsourced computation ciphertext-policy attribute-based encryption scheme (VOC-CP-ABE), and it provides a way to outsource intensive computing tasks during encryption and decryption phases to CSP without revealing the private information and leaves only marginal computation to the user. At the same time, the outsourced computation can be verified by two hash functions. Then, the formal security proofs of its (selective) CPA security and verifiability are provided. Finally, we discuss the performance of the proposed scheme with comparisons to several related works.

• East Asian Economic Review
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• v.21 no.2
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• pp.167-197
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• 2017

I build a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model to investigate the effect of a heterogeneous wage contract between regular and temporary workers on a macroeconomic volatility in a financially fragile economy. The imperfect financial market condition is captured by a quadratic financial adjustment cost for borrowing foreign assets, and the labor market friction is captured by a Nash bargaining process which is only available to the regular workers when they negotiate their wages with the firms while the temporary workers are given their wage which simply equals the marginal cost. As a result of impulse responsesto a domestic productivity shock, the higher elasticity of substitution between two types of workers and the lower weight on the regular workers in the firm's production process induce the higher volatilities in most variables. This is reasoned that the higher substitutability creates more volatile wage determination process while the lower share of the regular workers weakens their Nash bargaining power in the contract process.

• Proceedings of the KIEE Conference
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• 2007.11b
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• pp.255-257
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• 2007

Korea electricity market consists of two payment systems, capacity and energy. Capacity payments are given to the generators according to its hourly availability considering hourly and seasonal weighting factors. Energy payments are settled at the marginal generation cost based on generator variable cost. In 2007, base load energy market is closed and single capacity payment system is begun to apply in electricity market. In this revised market rule, energy price cap for base load generators is newly introduced. We analyze impact of market rule revision in 2007 on base load generators and suggest improvement scheme to enforce market system in this study.