• Journal of Industrial Convergence
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• v.20 no.2
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• pp.11-19
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• 2022

This study examines the role of economic uncertainty in stock price determination in the domestic stock market. To this end, we analyzed the relationship between economic uncertainty indices at home and abroad (USA, China) and stock returns for non-financial companies in Korea from January 2000 to 2017. For the analysis model, the 3-factor model of Fama and French (1992) and the 5-factor model including momentum and liquidity were used. As a result of the analysis, a portfolio with a high beta of economic uncertainty showed higher stock returns than a portfolio with a low beta. This was the same as the US analysis result. Also, the analysis results using the US uncertainty index were more significant than the regression analysis results using the Korean economic uncertainty index.

• Journal of the Society of Naval Architects of Korea
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• v.40 no.5
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• pp.1-9
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• 2003

To predict the powering performance of full scale ships from the towing tank tests, resistance, propeller open water and self-propulsion tests are conducted. Model tests inevitably include the experimental error defined as the sum of two types of uncertainties, bias and precision errors. The induced errors in each element of model test are propagated through various routes and correlated with one another. The correlation coefficients are very important in the uncertainty analysis. The coefficient gives a direction(increase or decrease) for a value of error in individual elements. If the coefficient is not used accurately, the error bounds of the individual elements are overestimated or underestimated. In this study, the new methodology is applied to the uncertainty analysis of HMRI's towing tank tests, thus error bounds of each element is suggested and verified by several repetitive experiments.

• Journal of Institute of Control, Robotics and Systems
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• v.5 no.6
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• pp.667-675
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• 1999

In this paper, we propose a robust controller design of RTP(Rapid Thermal Processing) system using structured uncertainty approach. Using the weighted mixed sensitivity function, we solve the robust stability problem against disturbance and temperature variation, and design a $\mu$ controller using curve fitting method against structured uncertainty. Also the reduction method should be requried because of the difficulty of implementaion with the obtained high order controller. We dal with robust stability and performance of RTP system by the design of $\mu$ controller for original model and Schur balanced reduced model. Finally the simulation results are proposed to show the validity of the proposed method.

• Structural Engineering and Mechanics
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• v.27 no.3
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• pp.263-276
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• 2007

This paper presents a fuzzy finite element model for the analysis of structures in the presence of multiple uncertainties. A new methodology to evaluate the cumulative effect of multiple uncertainties on structural response is developed in the present work. This is done by modifying Muhanna's approach for handling single uncertainty. Uncertainty in load and material properties is defined by triangular membership functions with equal spread about the crisp value. Structural response is obtained in terms of fuzzy interval displacements and rotations. The results are further post-processed to obtain interval values of bending moment, shear force and axial forces. Membership functions are constructed to depict the uncertainty in structural response. Sensitivity analysis is performed to evaluate the relative sensitivity of displacements and forces to uncertainty in structural parameters. The present work demonstrates the effectiveness of fuzzy finite element model in establishing sharp bounds to the uncertain structural response in the presence of multiple uncertainties.

• Journal of Korea Port Economic Association
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• v.32 no.1
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• pp.165-178
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• 2016

Container port nowadays becomes one of the most vital link of the transportation chain, plays an important role in trading with other countries. Therefore, evaluating the operational efficiency of container ports to reflect their status and to reveal their position in this competitive environment is very important for port development. Although there have been lots of methods used to measure efficiency in the past, the DEA (Data Envelopment Analysis) model is still the most commonly applied approach. However, the data used in the model sometimes is complex and uncertain to handle using the basic DEA model. In this paper, we applied an uncertainty theory to create an uncertainty DEA model (UDEA), which can solve the limitation of the traditional one. This study mainly focuses on measuring efficiency of 41 container ports by applying proposed an UDEA model. The results show that among 41 container ports, only six container ports are regarded to have efficient operation through the clustering, meanwhile others have technical and scale inefficiencies. We found out that an UDEA model is better to analysis efficiency than existing DEA model.

• 제어로봇시스템학회:학술대회논문집
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• 2000.10a
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• pp.2-2
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• 2000

This paper presents an adaptive control against uncertainties in tail-controlled STT (skid-to-Turn) missiles. First, we derive an analytic uncertainty model from a parametricaffine missile model developed by the authors. Based on this analytic model, an adaptive feedbacklinearizing control law accompanied by a sliding model control law is proposed. We provide analyses of stability and output tracking performance of the overall adaptive missile system. The performance and validity of the proposed adaptive control scheme is demonstrated by simulation.

• Journal of the Korean Society for Precision Engineering
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• v.28 no.4
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• pp.404-409
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• 2011

Report on the notion of uncertainty is important. The reason is that the measured value includes a lot of uncertain factors. Reliable results can't be derived without the notion of uncertainty. The mathematical model to evaluate uncertainty considering the quality of vibration is important to evaluate uncertainty, and it must contain the every quantity which contributes significantly to uncertainty in the measured results. In this paper, the evaluation of uncertainty analysis about rotor vibration measurements of machine tools is presented to evaluate the most important factors of uncertainty.

• Journal of Korea Water Resources Association
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• v.56 no.1
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• pp.35-43
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• 2023

Future runoff analysis is influenced by climate change scenarios and hydrologic model parameters, with uncertainties. In this study, the uncertainty of future runoff analysis according to the shared socioeconomic pathway (SSP) scenario and hydrologic model parameters was analyzed. Among the SSP scenarios, the SSP2-4.5 and SSP5-8.5 scenarios were used, and the soil and water assessment tool (SWAT) model was used as the hydrologic model. For the parameters of the SWAT model, a total of 11 parameter were optimized to the observed runoff data using SWAT-CUP. Then, uncertainty analysis of future estimated runoff compared to the observed runoff was performed using jensen-shannon divergence (JS-D), which can calculate the difference in distribution. As a result, uncertainty of future runoff was analyzed to be larger in SSP5-8.5 than in SSP2-4.5, and larger in the far future (2061-2100) than in the near future (2021-2060). In this study, the uncertainty of future runoff using future climate data according to the parameters of the hydrologic model is as follows. Uncertainty was greatly analyzed when parameters used observed runoff data in years with low flow rates compared to average years. In addition, the uncertainty of future runoff estimation was analyzed to be greater for the parameters of the period in which the change in runoff compared to the average year was greater.

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 2003.09a
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• pp.555-558
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• 2003

The Choquet-Stieltjes integral is defined. It is shown that the Choquet -Stieltjes integral is rep-resented by a Choquet integral. As an application of the theorem above, it is shown that Choquet expected utility model for decision under uncertainty and rank dependent utility model for decision under .risk are respectively same as their simplified version.

• Nuclear Engineering and Technology
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• v.46 no.3
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• pp.353-362
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• 2014

The effects of nuclear data uncertainties are studied on a typical PWR fuel assembly model in the framework of the OECD Nuclear Energy Agency UAM (Uncertainty Analysis in Modeling) expert working group. The "Fast Total Monte Carlo" method is applied on a model for the Monte Carlo transport and burnup code SERPENT. Uncertainties on $k_{\infty}$, reaction rates, two-group cross sections, inventory and local pin power density during burnup are obtained, due to transport cross sections for the actinides and fission products, fission yields and thermal scattering data.