• Journal of Korean Society of Transportation
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• v.26 no.2
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• pp.35-46
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• 2008

The purposes of this study are to analyze the characteristics and to develop the models of traffic accidents. In pursuing the above, this study gives particular attentions to developing the models(multiple linear, poisson and negative binomial regression) using the data of Cheongju and Cheongwon signalized intersections. The main results analyzed are as follows. First, the accident characteristics of rural area were defined by factor. Second, 4 accident models which are all statistically significant were developed. Finally, such the variables as $X_2$ and $X_{11}$ were evaluated to be specific variables which reflect the characteristics of rural area.

• International Journal of Highway Engineering
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• v.17 no.3
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• pp.107-115
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• 2015

PURPOSES : The purposes of this study are to compare the day and night characteristics and to develop the models of traffic accidents. in Rural Signalized Intersections METHODS : To develop day and night traffic accident models using the Negative Binomial Model, which was constructed for 156 signalized intersections of rural areas, through field investigations and casualty data from the National Police Agency. RESULTS : Among a total of 17 variances, the daytime traffic accident estimate models identified a total of 9 influence factors of traffic accidents. In the case of nighttime traffic accident models, 11 influence factors of traffic accidents were identified. CONCLUSIONS : By comparing the two models, it was determined that the number of main roads was an independent factor for daytime accidents. For nighttime accidents, several factors were independently involved, including the number of entrances to sub-roads, whether left turn lanes existed in major roads, the distances of pedestrian crossings to main roads and sub-roads, lighting facilities, and others. It was apparent that if the same situation arises, the probability of an accident occurring at night is higher than during the day because the speed of travel through intersections in rural areas is somewhat higher at night than during the day.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.9
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• pp.5585-5593
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• 2014

This study tested the hypothesis that the significance of the heterogeneous dispersion parameter in safety performance function (SPF) used to estimate the expected crashes is affected by the endogenous heterogeneous prior distributions, and analyzed the impacts of the mis-specified dispersion parameter on the evaluation results for traffic safety countermeasures. In particular, this study simulated the Poisson means based on the heterogeneous dispersion parameters and estimated the SPFs using both the negative binomial (NB) model and the heterogeneous negative binomial (HNB) model for analyzing the impacts of the model mis-specification on the mean and dispersion functions in SPF. In addition, this study analyzed the characteristics of errors in the crash reduction factors (CRFs) obtained when the two models are used to estimate the posterior means and variances, which are essentially estimated through the estimated hyper-parameters in the heterogeneous prior distributions. The simulation study results showed that a mis-estimation on the heterogeneous dispersion parameters through the NB model does not affect the coefficient of the mean functions, but the variances of the prior distribution are seriously mis-estimated when the NB model is used to develop SPFs without considering the heterogeneity in dispersion. Consequently, when the NB model is used erroneously to estimate the prior distributions with heterogeneous dispersion parameters, the mis-estimated posterior mean can produce large errors in CRFs up to 120%.

• Journal of the Korean Data and Information Science Society
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• v.28 no.1
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• pp.153-161
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• 2017

Branching processes which is used for epidemic dispersion as stochastic process model have advantages to estimate parameters by real data. We have to estimate both mean and dispersion parameter in order to use the negative binomial distribution as an offspring distribution on branching processes. In existing studies on biology and epidemiology, it is estimated using maximum-likelihood methods. However, for most of epidemic data, it is hard to get the best precision of maximum-likelihood estimator. We suggest a Bayesian inference that have good properties of statistics for small-sample. After estimating dispersion parameter we modelled the posterior distribution for 2015 Korea MERS cases. As the result, we found that the estimated dispersion parameter is relatively stable no matter how we assume prior distribution. We also computed extinction probabilities on branching processes using estimated dispersion parameters.

• Journal of the Korean Society for Railway
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• v.10 no.2 s.39
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• pp.137-145
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• 2007

In traditional financial theory, the discount cash flow model(DCF or NPV) operates as the basic framework for most analyses. In doing valuation analysis, the conventional view is that the net present value(NPV) of a project is the measure of the present value of expected net cash flows. Thus, investing in a positive(negative) NPV project will increase(decrease) firm value. Recently, this framework has come under some fire for failing to consider the options of the managerial flexibilities. Real option valuation(ROV) considers the managerial flexibility to make ongoing decisions regarding the implementation of investment projects and the deployment of real assets. The appeal of the framework is natural given the high degree of uncertainty that firms face in their technology investment decisions. This paper suggests an algorithm for estimating volatility of logarithmic cash flow returns of real assets based on the Black-Sholes option pricing model, the binomial option pricing model, and the Monte Carlo simulation. This paper uses those models to obtain point estimates of real option value with the G7- HSR350X(high-speed train).

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.20 no.6
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• pp.203-213
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• 2021

A vehicle crash occurs due to various factors such as the geometry of the road section, traffic, and driver characteristics. A safety performance function has been used in many studies to estimate the relationship between vehicle crash and road factors statistically. And depends on the purpose of the analysis, various characteristic variables have been used. And various characteristic variables have been used in the studies depending on the purpose of analysis. The existing domestic studies generally reflect the average characteristics of the sections by quantifying the traffic volume in macro aggregate units such as the ADT, but this has a limitation that it cannot reflect the real-time changing traffic characteristics. Therefore, the need for research on effective aggregation units that can flexibly reflect the characteristics of the traffic environment arises. In this paper, we develop a safety performance function that can reflect the traffic characteristics in detail with an aggregate unit for one hour in addition to the daily model used in the previous studies. As part of the present study, we also perform a comparison and evaluation between models. The safety performance function for daily and hourly units is developed using a negative binomial regression model with the number of accidents as a dependent variable. In addition, the optimal negative binomial regression model for each of the hourly and daily models was selected, and their prediction performances were compared. The model and evaluation results presented in this paper can be used to determine the risk factors for accidents in the highway section considering the dynamic characteristics. In addition, the model and evaluation results can also be used as the basis for evaluating the availability and transferability of the hourly model.

• Journal of the Korean Society of Safety
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• v.33 no.4
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• pp.98-104
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• 2018

Macroscopic accident analyses have been conducted to incorporate transportation safety into long-term transportation planning. In macro-level accident prediction model, exposure variable(e.g. a settled population) have been used as fundamental explanatory variable under the concept that each trip will be subjected to a probable risk of accident. However, a settled population may be embedded error by exclusion of active population concept. The objective of this research study is to develop macro-level accident prediction model using floating population variable(concept of including a settled population and active population) collected from mobile phone data. The concept of accident prediction models is introduced utilizing exposure variable as explanatory variable in a generalized linear regression with assumption of a negative binomial error structure. The goodness of fit of model using floating population variable is compared with that of the each models using population and the number of household variables. Also, log transformation models are additionally developed to improve the goodness of fit. The results show that the log transformation model using floating population variable is useful for capturing the relationships between accident and exposure variable and generally perform better than the models using other existing exposure variables. The developed model using floating population variable can be used to guide transportation safety policy decision makers to allocate resources more efficiently for the regions(or zones) with higher risk and improve urban transportation safety in transportation planning step.

• Asian Pacific Journal of Cancer Prevention
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• v.16 no.17
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• pp.7923-7927
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• 2015

Background: The Cox PH model is one of the most significant statistical models in studying survival of patients. But, in the case of patients with long-term survival, it may not be the most appropriate. In such cases, a cure rate model seems more suitable. The purpose of this study was to determine clinical factors associated with cure rate of patients with breast cancer. Materials and Methods: In order to find factors affecting cure rate (response), a non-mixed cure rate model with negative binomial distribution for latent variable was used. Variables selected were recurrence cancer, status for HER2, estrogen receptor (ER) and progesterone receptor (PR), size of tumor, grade of cancer, stage of cancer, type of surgery, age at the diagnosis time and number of removed positive lymph nodes. All analyses were performed using PROC MCMC processes in the SAS 9.2 program. Results: The mean (SD) age of patients was equal to 48.9 (11.1) months. For these patients, 1, 5 and 10-year survival rates were 95, 79 and 50 percent respectively. All of the mentioned variables were effective in cure fraction. Kaplan-Meier curve showed cure model's use competence. Conclusions: Unlike other variables, existence of ER and PR positivity will increase probability of cure in patients. In the present study, Weibull distribution was used for the purpose of analysing survival times. Model fitness with other distributions such as log-N and log-logistic and other distributions for latent variable is recommended.

• Journal of Global Scholars of Marketing Science
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• v.16 no.1
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• pp.13-26
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• 2006

In this research, we develope a procedure for detecting a random non-stationarity to the individual's purchasing rate in a stationary NED model. On this purpose, we derive the likelihood ratio statistic for a testing null and alternative hypotheses defined as whether there is no significant structural change in a stationary NED model or any. Where the structural change comes from a random non-stationarity(marketing mix activities or seasonality, for example) to the individual's purchasing rate. We also apply the developed method to a panel data for a frequently purchased good. This research could be a solution to include the non-stationarity in a stationary NED model. We also expect that the developed model could give a signal for an early detection of significant changes in marketing environment, and a mean for a measurement of the effects of marketing mix activities.

• Journal of Korea Technology Innovation Society
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• v.21 no.2
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• pp.663-683
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• 2018

This study aims to analyze the effectiveness of R&D tax credit for SMEs. We surveyed to collect the information on firm's financial statements and R&D tax credit during 2014-2016, and implemented fixed effect model, random effect model and panel negative binomial model. The results show that the effect of R&D tax credit is 5.3 times larger in terms of R&D expenditure and 4.3 times bigger in terms of number of researchers than that of R&D subsidy. In addition, the effect of tax credit on non-metropolitan area companies is higher than that in the metropolitan area. Based on these results, we suggests three ways to improve the R&D tax incentive system for SMEs; To convert unused R&D tax credit of the start-ups to tax points, to exempt the minimum tax rate on R&D expenditure in equipment, and to unify the operation of various R&D tax credit institution.