• Management Science and Financial Engineering
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• v.19 no.1
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• pp.37-41
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• 2013

This study presents an application of stochastic model for limit order book (LOB) dynamics to Korean Stock Index Futures (KOSPI 200 Futures). Since KOSPI 200 futures market is widely known as one of the most liquid markets in the world, direct application of an existing model is hardly possible. Therefore, we modified an existing model to successfully model and predict the dynamics of extremely liquid KOSPI 200 futures market.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 2002.05a
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• pp.595-599
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• 2002

In this study, we try to develop the 3D automatic design program of screw thread limit gauge. When users, who have some mechanical information, input some date, they can do 3D-modeling easily like expert. This is one of the merit in automatic design program and the automatic design program can compare screw thread limit gauge made in this study with processed the bolt and nut model. This demonstrates the effective value of automatic design model. Screw thread limit gauge of sort divide into ring gauge of measuring bolt and pin gauge of measuring nut. The new created automatic design program follows the KS.

• International Journal of Highway Engineering
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• v.16 no.5
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• pp.83-90
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• 2014

PURPOSES : The purpose of this study is to identify the factors affecting the effectiveness of speed limit change that is defined as the amount of increased travel speed. METHODS : A ordered logit model was adopted to analyze the relationship between the change in travel speed and contributing factors. A stretch of Kyungbu freeway was selected for the analysis because the Korea expressway corporation has raised speed limit from 100km/h to 110km/h since September 1st in 2010. RESULTS : The results showed that geometric design elements, speeding cameras, and section length were identified as factors contributing the effectiveness. Contributing geometric design elements include the number of horizontal curves and vertical curves that do not meet the design requirement with 110km/h speed limit. CONCLUSIONS : The outcome of this study will be used for establishing various traffic operations and control strategies for freeway speed management.

• Korean System Dynamics Review
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• v.17 no.2
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• pp.5-32
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• 2016

Purpose of this paper is to review series of Limits to Growth studies from its original Rome Club Report published in 1972 to the most recent one in 2012 by Jorgen Randers and finds its implications on concept and strategy of sustainable development. For this purpose first, this paper reviewed series of Limits to Growth studies in details with focus on scenarios used in simulation of world model. Second, response to the original Limit to Growth was reviewed and to see validity of its scenario based simulations, simulated results of interest variables and actual historical data up to the year 2010 was compared. Third, structure and key arguments in both studies, Limit to Growth studies and Our Common Future was explained and compared. Finally, implications of the Limit to Growth studies on concept and strategy for sustainable development was discussed. Based on the comparison, this paper argued that even if the term sustainable development was not used in the Limit to Growth at all, concept and strategies for sustainable development implied in the Limit to Growth are more clear and specific than those of Our Common Future. Since Limit to Growth studies were simulation based ones that produce detailed behaviors on interest variables, it clarifies more clearly the abstract concept of sustainable development and thus, provides specific guidelines for the direction of sustainable policy which has been suffering long from vagueness of concept of sustainable development.

• The Korean Journal of Applied Statistics
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• v.30 no.5
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• pp.719-731
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• 2017

In September 2010, the Korea government increased the speed limit on the Gyeongbu Expressway (Cheonan IC.-Yangjae IC) from 100 to 110 km per hour. This paper considers ARIMA-Intervention model to analyze the effects of the speed limit change on the incidences of traffic accidents and injuries. In addition, in order to investigate the effects more clearly, we also analyze the difference between the two lines of Cheonan IC-Yangjae IC and Busan IC-Cheonan IC. As a result, we observe that the numbers of accidents and injuries have increased after the speed limit change. The increases are strikingly distinctive in comparison to other lines (Busan IC-Cheonan IC) where there have been no changes in the maximum speed limit.

• Geomechanics and Engineering
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• v.32 no.6
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• pp.601-613
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• 2023

Low liquid limit silt, widely distributed in the middle and down reaches of Yellow River, has the disadvantages of poor grading, less clay content and poor colloidal activity. It is very easy to cause vehicle jumping at the bridge-embankment transition section when the low liquid limit silt used as the backfill at the abutment back. In this paper, a series of laboratory tests were carried out to study the physical and mechanical properties of the low liquid limit silt used as back filling. Ground granulated blast furnace slag (GGBFS) was excited by active MgO and hydrated lime to solidify silt as abutment backfill. The optimum ratio of firming agent and the compaction and mechanical properties of reinforced soil were revealed through compaction test and unconfined compressive strength (UCS) test. Scanning electron microscope (SEM) test was used to study the pore characteristics and hydration products of reinforced soil. 6% hydrated lime and alkali activated slag were used to solidify silt and fill the model of subgrade respectively. The pavement settlement regulation and soil internal stress-strain regulation of subgrade with different materials under uniformly distributed load were studied by model experiment. The effect of alkali activated slag curing agent on curing silt was verified. The research results can provide technical support for highway construction in silt area of the Yellow River alluvial plain.

• Proceedings of the Korea Concrete Institute Conference
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• 1995.04a
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• pp.286-291
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• 1995

The deterioration of PC box girder may cause serious effect on the durability of PC structure compared to that of RC structures. In the durability assessment of PC box girder bridges, a quantitive model on crack width is considered as a measure of durability. This study suggests a durability limit state model for PC box girder bridges. This durability limit state model in formulated based on the conventional models on the cracks in concrete. And the allowable crack width is taken as an assumed value established by the design specification or provided by the maintenance authority of the structure.

• ETRI Journal
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• v.39 no.2
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• pp.213-221
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• 2017

The advent of wireless access in vehicular environments (WAVE) technology has improved the intelligence of transportation systems and enabled generic traffic problems to be solved automatically. Based on the IEEE 802.11p standard for vehicle-to-anything (V2X) communications, WAVE provides wireless links with latencies less than 100 ms to vehicles operating at speeds up to 200 km/h. To date, most research has been based on field test results. In contrast, this paper presents a numerical analysis of the V2X broadcast throughput limit using a path loss model. First, the maximum throughput and minimum delay limit were obtained from the MAC frame format of IEEE 802.11p. Second, the packet error probability was derived for additive white Gaussian noise and fading channel conditions. Finally, the maximum throughput limit of the system was derived from the packet error rate using a two-ray path loss model for a typical highway topology. The throughput was analyzed for each data rate, which allowed the performance at the different data rates to be compared. The analysis method can be easily applied to different topologies by substituting an appropriate target path loss model.

• Bulletin of the Korean Mathematical Society
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• v.38 no.3
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• pp.495-504
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• 2001

In this paper we consider the (generalized) autoregressive model with conditional heteroscedasticity (ARCH/GARCH models). We willing give conditions under which strict stationarity, ergodicity and the functional central limit theorem hold for the corresponding models.

• Communications for Statistical Applications and Methods
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• v.20 no.4
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• pp.339-345
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• 2013

In this paper, we give a tractable sufficient condition for functional central limit theorem to hold in Markov switching ARMA (p, q) model.