• Title/Summary/Keyword: Savings Mechanism

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Do Long Term Savings Motives Foster Household Participation and Contribution to Savings Mechanisms in Rural Vietnam?

  • HA, Van Dung
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.75-82
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    • 2019
  • The paper aims to investigate the impacts of long-term savings motives on fostering household participation and contribution to savings mechanisms in rural Vietnam. The paper is organized in five parts: introduction, data description, methodology, empirical results, and conclusion. The quantitative methodology is employed and three simultaneous estimation methods, including instrumental variable model, two-step model, and Heckman model are used to test these impacts as well as the robustness of results. In each model, the paper examines the impacts of independent factors on both household participation and household contribution to savings mechanisms. Two sets of independent variables: long-term savings motives (profit-making investment, accumulation for big expenditure, providing for old age, and cost of educations) and control variables (dependency rate, number of people in household, and household wealth) are in each model. A set of dataset of 2,314 households for analysis is obtained from household survey in rural Vietnam. Robust statistical findings indicate that profit-making investment emerged to be the strongest motive fostering household participation to savings mechanisms while other long-term savings motives have little or no impact on fostering household participation to savings mechanisms. In addition, education investment encourages household contribution to savings mechanisms in rural Vietnam.

An Auctioning Mechanism for Green Radio

  • Comaniciu, Cristina;Mandayam, Narayan B.;Poor, H. Vincent;Gorce, Jean-Marie
    • Journal of Communications and Networks
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    • v.12 no.2
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    • pp.114-121
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    • 2010
  • In this paper, an auctioning strategy is proposed for cellular networks that ensures net energy savings. The pricing scheme, in conjunction with a two dimensional bid structure, incentivizes cooperation at the terminal nodes for better interference management at receivers and for cooperative relaying. It is shown that, for the proposed auctioning strategy, network operators are guaranteed revenue gains, mobile nodes' dominant strategy is to bid their true valuation of their energy resources, and overall effective energy gains occur under the assumption of a reserve price for bidding. Simulation results show that significant energy savings can be achieved by employing this auctioning mechanism for a 3G cellular set-up.

Systems Thinking Perspective on the Collapse of Savings and Loan Banking System in Korea (저축은행 사태에 대한 시스템 사고적 고찰)

  • Ahn, Nam-Sung
    • Korean System Dynamics Review
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    • v.13 no.1
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    • pp.63-80
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    • 2012
  • This paper is aiming at providing the systems thinking perspective on the collapse of the savings and loan banking system in Korea. Two causal loop diagrams are developed to conduct the analysis: The first is focusing on the structural problems included in the establishment of S&L banking in 1990s. The later is developed based on the project financing mechanism by controlling the credit standard required during the due diligence. The result of this study shows that the main cause of the collapse of the S&L banking is the structural problem connected to real estate market including the failure of regulation.

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Structural and Dynamic Analysis of Three-Axis Road Simulator (3축 로드 시뮬레이터의 구조 및 동적 해석)

  • 황성호;김화진;박창수;최경락
    • Transactions of the Korean Society of Automotive Engineers
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    • v.11 no.5
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    • pp.105-111
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    • 2003
  • The three-axis road simulator is the test equipment which can simulate the standardized road conditions for the durability evaluation of automotive components such as suspensions. The road load data are collected and acquired from a vehicle test, and then these data are used to simulate road load conditions by the road simulator which consists of hydraulic actuators, link mechanism and servo controller. The link mechanism must be designed in consideration of the dynamic effect and interference during three axes motions in order to generate accurate motions. In this paper, the structural and kinematic analysis of the link mechanism is performed, and these results can be used for developing the three-axis road simulator. The three-axis road simulator provides considerable savings in cost, development time, and testing risk during developing automotive components.

An Overview on Performamce Control and Efficient Design of Lateral Resisting Moment Frames

  • Grigorian, Mark;Grigorian, Carl E.
    • International Journal of High-Rise Buildings
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    • v.2 no.2
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    • pp.141-152
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    • 2013
  • This paper presents a brief overview of the recently developed performance-control method of moment frame design subjected to monotonously increasing lateral loading. The final product of any elastic-plastic analysis is a nonlinear loaddisplacement diagram associated with a progressive failure mechanism, which may or may not be as desirable as expected. Analytically derived failure mechanisms may include such undesirable features as soft story failure, partial failure modes, overcollapse, etc. The problem is compounded if any kind of performance control, e.g., drift optimization, material savings or integrity assessment is also involved. However, there is no reason why the process can not be reversed by first selecting a desirable collapse mechanism, then working backwards to select members that would lead to the desired outcome. This article provides an overview of the newly developed Performance control methodology of design for lateral resisting frameworks with a view towards integrity control and prevention of premature failure due to propagation of plasticity and progressive P-delta effects.

An Integrated Multi-Product Inventory Model for a Two-Echelon Supply Chain under Cap-and-Trade Mechanism (배출권거래제 하에서 2단계 공급사슬에서 다품목의 통합재고모형)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.4
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    • pp.61-68
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    • 2019
  • Currently many companies are interested in reduction of the carbon emissions associated with their supply chain activities such as transportation and operations. Operational decisions, such as modifications in order quantities could an effective way in reducing carbon emissions in the supply chain. Cap-and-trade regulation, sometimes called emissions trading, is a market-based tool to limit greenhouse gas emissions. Under cap-and-trade regulation, emission credits are allocated to the firms and the firms trades emissions under cap-and-trade schemes. In this paper, we propose a single-manufacturer single-buyer two-echelon supply chain problem under the cap-and-trade mechanism incorporating the carbon emissions caused by transportation and warehousing activities where a single manufacturer produces a family of items in order to deliver a family of items to a single buyer at a fixed interval of time for effective implementation of Just-In-Time (JIT) Purchasing. An integrated multi-product lot-splitting model of facilitating multiple shipments in small lots between buyer and manufacturer is developed in a JIT Purchasing environment. Also, an iterative heuristic algorithm is developed to derive the common order interval, the number of intervals for each product and the number of shipments between the buyer and the manufacturer during the common interval. A numerical example is given to illustrate the savings in reduction of total cost and carbon emissions by the inventory model incorporating cap-and-trade mechanism compared to the classical inventory model. The proposed inventory model could be useful for the practical solution of two-echelon supply chain inventory problem under cap-and-trade mechanism.

Object version Transcoding for Streaming Media Service in Wireless Mobile Networks (무선 모바일 네트워크상에서 스트리밍 미디어 서비스를 위한 객체 버전 트랜스코딩)

  • Lee, Chong-Deuk
    • Journal of Advanced Navigation Technology
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    • v.15 no.3
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    • pp.355-363
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    • 2011
  • Transcoding in the wireless mobile network is an important mechanism that reduces the delay time and improves the stream processing capacity. Wireless mobile streaming media services, however, have such problems as congestion, interference and delay due to narrow network bandwidth and limited resources. These problems degrade not only Quality of Service (QoS) but also responsiveness of the streaming media service. To solve this problem, this paper proposes a object version transcoding method. The proposed method analyzes the object versions to construct the transcoding graph. This paper utilizes a reference rate-based control function for an efficient streaming, and measures MVDS(Multiple Version Delay Saving) for an efficient delay savings. The simulation results show that the proposed mechanism achieves improved performance in delay rate and cache hit rate compared with those of other existing methods.

The Development and Performance Evaluation of the Air-preheating Heat Exchanger for Ultra-high Temperature Applications (초고온융 공기예열식 열교환기의 개발 및 성능 평가)

  • 박용환
    • Journal of the Korean Society of Safety
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    • v.14 no.4
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    • pp.78-84
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    • 1999
  • A compact air-preheating type heat exchanger was developed and tested for the ultra-high temperature heat recovery applications. For the direct use of exhaust gases up to $1200^{\circ}C$, the heat exchanger adopted a ceramic core with high strength and low thermal expansion coefficient less than $1{\times}10^{-6}^{\circ}C^{-1}$. The ceramic core was fabricated by special extrusion and bonding techniques. To minimize thermal stresses in the core, spring-loaded sealing mechanism was designed and successfully installed. 1-pass air flow scheme was adopted for the compactness and cost-savings. The pressure test for the ceramic core showed no failure under 35 kPa and less than 3% leak under 7 kPa. Flue gas simulation system was developed to investigate the performance of the heat exchanger. The test results showed normal operations of the heat exchanger up to $1200^{\circ}C$ of exhaust gases and relatively high heat recovery efficiencies of 31~39% depending upon exhaust gas temperatures..

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Measurement of the Torque for Driving Cam Shaft in Real Engine Environments (실 엔진 상태 캠 구동 토크 측정)

  • Kang, Seung-Pyo;Kauh, S.Ken;Ha, Kyoung-Pyo
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.31 no.3 s.258
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    • pp.242-247
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    • 2007
  • Energy savings and environmental protection policies have been the general trend in the engine design. The friction power loss associated with the cam mechanism has become important. But it is difficult to measure the torque of rotating valvetrain in real engine environment because most of conventional torque meters are axial type. The objective of this paper is to develop new equipment which can be installed in a rotating camshaft. It uses strain gages to measure the elastic deformation of torque sensor which replaces the cam sprocket. It includes telemetry to transmit torque data via Bluetooth and induction power system to provide adequate power to rotating torque meter. The developed torque meter has good linearity and thermostability. It was installed in a real engine, and successfully measured the valvetrain torque.

Reducing Feedback Overhead in Opportunistic Scheduling of Wireless Networks Exploiting Overhearing

  • Baek, Seung-Jun
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.6 no.2
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    • pp.593-609
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    • 2012
  • We propose a scheme to reduce the overhead associated with channel state information (CSI) feedback required for opportunistic scheduling in wireless access networks. We study the case where CSI is partially overheard by mobiles and thus one can suppress transmitting CSI reports for time varying channels of inferior quality. We model the mechanism of feedback suppression as a Bayesian network, and show that the problem of minimizing the average feedback overhead is NP-hard. To deal with hardness of the problem we identify a class of feedback suppression structures which allow efficient computation of the cost. Leveraging such structures we propose an algorithm which not only captures the essence of seemingly complex overhearing relations among mobiles, but also provides a simple estimate of the cost incurred by a suppression structure. Simulation results are provided to demonstrate the improvements offered by the proposed scheme, e.g., a savings of 63-83% depending on the network size.