• 제목/요약/키워드: Relative value

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An alternative approach to extreme value analysis for design purposes

  • Bardsley, Earl
    • 한국수자원학회:학술대회논문집
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    • 한국수자원학회 2016년도 학술발표회
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    • pp.201-201
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    • 2016
  • The asymptotic extreme value distributions of maxima are a natural choice when designing against future extreme events like flood peaks or wave heights, given a stationary time series. The generalized extreme value distribution (GEV) is often utilised in this context because it is seen as a convenient single expression for extreme event analysis. However, the GEV has a drawback because the location of the distribution bound relative to the data is a discontinuous function of the GEV shape parameter. That is, for annual maxima approximated by the Gumbel distribution, the data is also consistent with a GEV distribution with an upper bound (no lower bound) or a GEV distribution with a lower bound (no upper bound). A more consistent single extreme value expression for design purposes is proposed as the Weibull distribution of smallest extremes, as applied to transformed annual maxima. The Weibull distribution limit holds here for sufficiently large sample sizes, irrespective of the extreme value domain of attraction applicable to the untransformed maxima. The Gumbel, Type 2, and Type 3 extreme value distributions thus become redundant, together with the GEV, because in reality there is only a single asymptotic extreme value distribution required for design purposes - the Weibull distribution of minima as applied to transformed maxima. An illustrative synthetic example is given showing transformed maxima from the normal distribution approaching the Weibull limit much faster than the untransformed sample maxima approach the normal distribution Gumbel limit. Some New Zealand examples are given with the Weibull distribution being applied to reciprocal transformations of annual flood maxima, where the untransformed maxima follow apparently different extreme value distributions.

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기업의 규모별 특성이 사회적 책임과 기업가치 간의 비선형 관계를 유발하는 임계점에 미치는 영향에 대한 연구 (A Study on the Impact of Firm Size on the Threshold Point from Nonlinear Relationship between CSR and Firm Value)

  • 김종희
    • 아태비즈니스연구
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    • 제11권2호
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    • pp.207-233
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    • 2020
  • Purpose - The purpose of this paper analyzes the relationship between the Corporate Social Responsibility(CSR) and Corporate Value to estimate whether the characteristics of Firm can change this relationship. Design/methodology/approach - This paper utilizes the total 776 firms' data over the period 2014-2018, and develops a new ESG index which was estimated by PCA. Findings - First, the estimated ESG index implies that Large company has the highest value of CSR, while Medium sized and Small company have the relatively low one. And comparing to the case of 2014, the trend of ESG index in Large company does not decrease in 2018. Second, there is a clear and significant non linear relationship between CSR and corporate value, it implies that the U-shaped exists in the Korean Firms. Such a tendency is mush stronger in the Large company. Third, the new ESG index indicates that it takes more time to increase Firm value in the Medium sized and Small company while there is a high possibility of increasing value in Large company from the little gab between the threshold points and mean value of ESG. Research implications or Originality - The non linear tendency between the Corporate Social Responsibility and Corporate Value is strongly affected by Firm size and the relative high quintile of ESG, but it is less affected by Firm history.

데이터거래 활성화를 위한 데이터상품가치 평가모델 연구 (Data Product Value Evaluation Method for Data Exchange Platform)

  • 김수진;이정현;박천웅
    • 한국콘텐츠학회논문지
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    • 제21권12호
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    • pp.34-46
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    • 2021
  • 국내 데이터 거래시장은 구매데이터의 불합리한 가격책정이 데이터 거래 시의 주요 애로사항으로 지속적으로 언급되고 있다. 이는 상품정보 및 사용경험 부족으로 인해 데이터상품의 가치를 제대로 평가할 수 없는데서 발생한 문제로, 데이터 거래소는 거래활성화를 위해 가격 외에 수요자가 데이터상품의 가치를 종합적으로 판단할 수 있는 정보 제공이 필요하다. 데이터 가치평가에 주로 적용되는 원가기반, 수익기반, 시장기반 평가방법은 공급자 관점에서의 가치평가결과인 가격정보만 수요자와 공유가능하기 때문에 거래 및 유통을 활성화하기 위한 데이터가치평가방법으로는 부족한 점이 있다. 본 논문은 데이터거래 이해관계자(거래소, 공급자, 수요자)가 공통된 시각으로 데이터상품의 가치를 판단하고 공유할 수 있는 측정가능한 가치평가방법을 개발하는 것을 목표로 한다. 이를 위해 해외 데이터거래소 및 관련 연구에서 중요하게 생각하고 있는 데이터상품의 가치동인을 파악하고, 가치동인별로 정량적 측정이 가능한 평가방식을 도출하였다. 또한, 거래용 데이터상품을 활용하여 평점표 형식의 평가기준을 개발하고, 상대적 가치비교가 가능하도록 계층화분석(AHP)을 통해 가치평가지수를 개발하였다. 실제 데이터상품에 평가기준을 적용할 결과, 개별 데이터상품의 특성에 따라 가치평가값이 차별화됨에 따라 가치비교도구로 활용가능함을 알 수 있었다.

어유에 대한 효모와 항산화효과 (Screening for Antioxidative Activities of Yeasts on Fish Oil)

  • 류병호;김혜성;정종순;이상훈;지영애
    • 한국식품위생안전성학회지
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    • 제2권1호
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    • pp.15-20
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    • 1987
  • 효모의 항산화작용을 알아보기 위하여 IFO 효모, 간장에서 분리한 효모, 막걸리에서 분리한 효모 및 당밀에서 분리한 효모를 각각 $1{\times}10^6/ml$로 증식시켜 어유에 접종하여 $30^{\circ}C$에서 배양하면서 POV, TBA-V의 변화를 조사하여 그 항산화력을 검토하였다. 항산화활성은 Saccharomyces rouxii와 Torulopsis etchellsii가 가장 높았고, 막걸리에서 분리한 효모 중에서는 Pichia ohmerii가 가장 높았다. 그리고 당밀에서 분리한 효모중에서는 Candida versatilis가 항산화작용이 높았다.

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기회비용에 의한 운전예비력의 경제적 가치 평가 (Economic value evaluation of operating reserve based on opportunity cost)

  • 윤용범;이재걸;안남성
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2005년도 제36회 하계학술대회 논문집 A
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    • pp.751-753
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    • 2005
  • In this raper, Economic value of reserve margin i.i presented by opportunity cost for Korean power system, and the level of compensation for spinning reserve that is necessary to operate power system stably is proposed. The generator that is giving up for opportunity to participate in energy market must take opportunity cost. it is relative to not only whole demand level but also marginal cost of each resource. In this paper, assume that all resource in Korea is equivalent to six generator for simulation. and we evaluate value of reserve in the time of high demand and low demand. Also we propose the way to improve a evaluation method by examine relationship between capacity payment and value of reserve.

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Computational procedures for exponential life model incorporating Bayes and shrinkage techniques

  • Al-Hemyari, Zuhair A.;Al-Dabag, H.A.;Al-Humairi, Ali Z.
    • International Journal of Reliability and Applications
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    • 제16권2호
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    • pp.55-79
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    • 2015
  • It is well known that using any additional information in the estimation of unknown parameters with new sample of observations diminishes the sampling units needed and minimizes the risk of new estimators. There are many rational reasons to assure that the existence of additional information in practice and there exists many practical cases in which additional information is available in the form of target value (initial value) about the unknown parameters. This article is described the problem of how the prior initial value about the unknown parameters can be utilized and combined with classical Bayes estimator to get a new combination of Bayes estimator and prior value to improve the properties of the new combination. In this article, two classes of Bayes-shrinkage and preliminary test Bayes-shrinkage estimators are proposed for the scale parameter of exponential distribution. The bias, risk and risk ratio expressions are derived and studied. The performance of the proposed classes of estimators is studied for different choices of constants engaged in the estimators. The comparisons, conclusions and recommendations are demonstrated.

Statistical Analysis of Effective Components for Aroma of Sigumjang

  • Choi, Ung-Kyu;Park, June-Hong
    • Food Science and Biotechnology
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    • 제14권2호
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    • pp.249-254
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    • 2005
  • The relationship between Sigumjang gas chromatographic patterns precisely analyzed with capillary column and ranked order in sensory analysis was investigated by stepwise multiple regression analysis. Highly predictable multiple regression models were obtained in the analysis. Ninety percent of the Sigumjang aroma was explained by the regression models at step 15 in four transformation except for absolute value transformed with root square and relative value transformed with logarithm. The aroma of Sigumjang was most affected by 2,3-dimethylpyrazine at absolute value and absolute value transformed with logarithm and by 2-furancarboxaldehyde in other transformation. The quality of sigumjang was highly affected by ${\beta}$-phallendrenal, methylpyrazine, tetramethylpyrazine, 5-methyl-2-furancarboxaldehyde, unknown 2, octanoic acid, 4-ethylphenol, methyl 10,13-octadecanoate and ethyl linoleate.

의료서비스에서 유형별 대기시간의 선행 및 결과변수 (Antecedents and Consequences of the Types of Waiting Times in Medical Services)

  • 김수배;윤성욱
    • 한국병원경영학회지
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    • 제12권2호
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    • pp.69-92
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    • 2007
  • This research has classified waiting times into the three different ones according to service offering process and investigated the antecedents and consequences of types of waiting times. A service provider's concern and customer involvement were modeled as antecedent variables and negative emotion and service value as dependent variables. The empirical results of the study are as follows. A service provider's concern had significant influences on all the three types of waiting times whereas customer involvement was found to affect preprocess-waiting and postprocess-waiting times. Preprocess-waiting time had a significant impact on both negative emotion and service value and inprocess-waiting time only affects negative emotion. However, postprocess-waiting time had influenced none of the variables. The findings illustrate an important role of concern and involvement regarding to a customer's perceived waiting time and relative importance of waiting types on negative emotion and service value. A summary of the results are reported and managerial implications are discussed.

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압밀주입에 의한 지반개량 특성고찰 (a study on ground improvement of sandy soil by CGS Method)

  • 곽수정;백홍렬
    • 기술발표회
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    • 통권2006호
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    • pp.185-192
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    • 2006
  • In this study the case of ground improvement by CGS as injection method were analyzed in order to find out effect of behavior of sandy soil and the application of this method as ground improvement. The study were analyzed N value after CGS work of sandy soil by many sites test. Considering that increase of N value, CGS can be considered as an effective method to increase the bear capacity as well as constrain the settlement of soft ground From the results of this study, N value after CGS work of sandy soil were closed to N value of ground and relative density(Dr), improvement ratio(As) of grouting and the study will be done continuously for finding out relation of them

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법정관리기업의 회계이익과 자기자본 장부가치에 대한 상대적 주가배수 분석 (Relative Pricing Multiple on Book Value of Equity and Earnings of Bankrupt Firms)

  • 신현대
    • 정보학연구
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    • 제8권3호
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    • pp.35-49
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    • 2005
  • This study examines that pricing multiple on and incremental explanatory power of equity book value(earnings) increase(decrease) as financial health decrease. Test using a sample of 75 bankrupt firms and test using a cross-sectional, pooled sample both yield inference consistent with predictions. It is thus hypothesized that the more bankrupt time we, the higher(lower) pricing multiple book value of equity(earnings) obtained. Findings are robust to inclusion of for debt/assets ratio, ROA, and ROIC. Overall, the results is the hypothesis.

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