• Title/Summary/Keyword: Selection Strategy

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A Study on the Agency Theory and Accounting (에이전시이론과 회계감사에 관한 연구)

  • 공해영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.12 no.20
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    • pp.123-138
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    • 1989
  • The primary objective of the agency research in the game theory lives in the maintenance of Pareto is optimal condition for the optimal incentive contract. The basic concepts which are related to this objective are reviewed in connection with the general assumptions to model it, the moral hazard and adverse selection which arised from the information asymmetry, and finally the problem of risk distribution. The demand for auditing and the role of auditor have been addressed by ASOBAC. Issues which an auditor is explicitly introduced in a principal-agent framework have been addressed in this paper. These issues must be confronted to appropriately with the auditor, and to achieve an adequate understanding of optimal confronting arrangement with the auditor. The first step in introducing an auditor into this analysis is to examine the game-theoretic foundation of such a expended agency model. The Mathematical program formulated may not yield solution that are resonable. This arises because the program may call for the auditor and manager to play dominated Nash equilibra in some subgame. The nontrivial natures of the subgame implies that randomized strategies by the auditor and manager nay be of crucial importance. The possibilities for overcoming the randomized strategy problem were suggested; change the rule of the game and or impose covexity condition. The former seems unjustifiable in on auditing context, and the latter promising but difficult to achieve. The discussion ended with an extension of the revelation principle to the owner manager-auditor game, assuming strategies. An examination of the restriction and improvement direction of the basic concept of agency theory was addressed in the later part of this paper. Many important aspects of auditor incentives are inherently multiple-agent, multiple-period, multiple-objectine, phenomena and require further analyses and researches.

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One-Step-Ahead Control of Waveform and Detection Threshold for Optimal Target Tracking in Clutter (클러터 환경에서 최적의 표적 추적을 위한 파형 파라미터와 검출문턱 값의 One-Step-Ahead 제어)

  • Shin Han-Seop;Hong Sun-Mog
    • Journal of the Institute of Electronics Engineers of Korea SC
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    • v.43 no.1 s.307
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    • pp.31-38
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    • 2006
  • In this paper, we consider one-step-ahead control of waveform parameters (pulse amplitudes and lengths, and FM sweep rate) as well as detection thresholds for optimal range and range-rate tracking in clutter. The optimal control of the combined parameter set minimizes a tracking performance index under a set of parameter constraints. The performance index includes the probability of track loss and a function of estimation error covariances. The track loss probability and the error covariance are predicted using a hybrid conditional average algorithm The effect of the false alarms and clutter interference is taken into account in the prediction. Tracking performance of the one-step-ahead control is presented for several examples and compared with a control strategy heuristically derived from a finite horizon optimization.

Through the Looking Glass: The Role of Portals in South Korea's Online News Media Ecology

  • Dwyer, Tim;Hutchinson, Jonathon
    • Journal of Contemporary Eastern Asia
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    • v.18 no.2
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    • pp.16-32
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    • 2019
  • Media manipulation of breaking news through article selection, ranking and tweaking of social media data and comment streams is a growing concern for society. We argue that the combination of human and machine curation on media portals marks a new period for news media and journalism. Although intermediary platforms routinely claim that they are merely the neutral technological platform which facilitates news and information flows, rejecting any criticisms that they are operating as de facto media organisations; instead, we argue for an alternative, more active interpretation of their roles. In this article we provide a contemporary account of the South Korean ('Korean') online news media ecology as an exemplar of how contemporary media technologies, and in particular portals and algorithmic recommender systems, perform a powerful role in shaping the kind of news and information that citizens access. By highlighting the key stakeholders and their positions within the production, publication and distribution of news media, we argue that the overall impact of the major portal platforms of Naver and Kakao is far more consequential than simply providing an entertaining media diet for consumers. These portals are central in designing how and which news is sourced, produced and then accessed by Korean citizens. From a regulatory perspective the provision of news on the portals can be a somewhat ambiguous and moving target, subject to soft and harder regulatory measures. While we investigate a specific case study of the South Korean experience, we also trace out connections with the larger global media ecology. We have relied on policy documents, stakeholder interviews and portal user 'walk throughs' to understand the changing role of news and its surfacing on a distinctive breed of media platforms.

A Models of Economic Analysis in Safety Diagnosis for Remodeling Strategies of Apartment Housing (공동주택의 리모델링 전략을 위한 안전진단의 경제성분석 모델)

  • Seo Kwang-Jun;Choi Mi-Ra;Shin Nam-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.4 s.26
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    • pp.164-171
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    • 2005
  • The importance of the life cycle cost analysis(LCCA) for apartment housing remodeling projects has been fully recognized over the last decade. Accordingly theoretical models, guidelines, and supporting software systems were developed for the life cycle cost analysis of apartment housing remodeling systems. However, the level of consensus on LCCA results is still low due to the lack of reliable data on remodeling activities for safety diagnosis. in order to predict the reliability based LCCA of the given case, suggested the remodeling strategies level after reviewing other related materials. Apply the real information of the economic index. And based on such analytical measures, remodeling and operation cost and LCC in remodeling strategies level have been predicted; suggests the basic information about remodeling interventions level for the apartment housing. The LCC analysis models and the fuzzy logic based safety assessment presented in this study can greatly contribute to the value-oriented design alternative selection, estimation of the economic analysis, and the allocation of budget for apartm.

A study on the Newly Proposed Dual Virtual Cell System in Distributed Wireless Communication System (분산 무선 통신시스템 기반의 Dual Virtual Cell 시스템의 제안 및 성능분석)

  • Yang Joo-Young;Kim Jeong-Ho
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.31 no.6B
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    • pp.517-526
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    • 2006
  • In order to achieve high capacity and reliable link quality in wireless communication, the significant efforts should be concentrated on mitigating interference between cells. To solve the interference problem, the newly introduced concept of a Distributed Wireless Communication System (DWCS) can provide the capability of joint control of the signals at multiple cells. This paper proposes a new concept of virtual cell: the Dual Virtual Cell (DVC), and also proposes DVC employment strategy based on DWCS network. The proposed system manages two kinds of virtual cell. One is the Active Virtual Cell which exists for user's actual data traffic and the other is the Candidate Virtual Cell which contains a set of candidate antennas to protect user's link quality from performance degradation or interruption. The proposed system constructs DVC by using antenna selection method. Also, for multi-user high-rate data transmission, the proposed system introduces multiple antenna technology to get a spatial and temporal diversity gam and exploits space-Time Trellis Codes known as STTC to increase a spectral efficiency.

Co-Registration of Aerial Photos, ALS Data and Digital Maps Using Linear Features (선형기하보정 요소를 이용한 항공레이저측량 자료, 항공사진, 대축척 수치지도의 기하보정에 관한 연구)

  • Lee, Jae-Bin;Yu, Ki-Yun
    • Journal of Korean Society for Geospatial Information Science
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    • v.14 no.4 s.38
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    • pp.37-44
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    • 2006
  • To use surveying data obtained from different sensors and different techniques, it is a pre-requite step that register them in a common coordinate system. For this purpose, we developed methodologies to register airborne photos, ALS (Airborne Laser Scanning) data and digital maps. To achieve this, conjugate features from these data should be extracted in advance. In this study, linear features are chosen as conjugate features. Based on such a selection strategy, a simple and robust algorithm is proposed for extracting such features from ALS data. Then, to register them, observation equations are established from similarity measurements of the extracted features and the results was evaluated statistically. The results clearly demonstrate that the proposed algorithms are appropriate to register these data.

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Decision-Making Method of Priority Welding Process (용접법의 우선순위 결정 방법)

  • Kim, Jong-Do;Kim, Kwang-heui;Yoon, Moon-Chul
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.15 no.5
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    • pp.39-47
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    • 2016
  • Nowadays, several welding processes are generally used to join parts together, and the materials are generally steel, aluminum, copper, stainless steel, and other difficult-to-weld materials. If a proper welding process is chosen, it is helpful for welding parts. However, there is no desirable technique for appropriately deciding on the welding process in the industry. Therefore, an appropriate method of selecting a welding process is needed for the novice worker in the industry. In this sense, a new analytic network process (ANP) technique is used for effective decision making in welding. By considering several criteria in ANP, a selection method is suggested to decide on the proper welding process. In the study, several criteria were considered for the proper welding of parts. By considering a matrix of prior interdependence effects among various welding processes, a decision-making method based on an ANP is accomplished using a weighting matrix, which is supposed to select an appropriate welding process. In addition, for appropriate decision criteria of the welding process, several factors, such as material, shape, precision, economics, and equipment, are used to accomplish the ANP algorithm. Moreover, the final weighting matrix is calculated following its ANP strategy. Furthermore, this decision-making technique is applied to both stainless razor spot joining and thick steel pipe joining. The results show its reliability and practicality, and the novice engineer and manager can use this technique to determine the best welding process.

A Study on Improving the Correlation Characteristics of a Ternary Sequence (삼치 시퀀스의 상관함수 특성 개선 연군)

  • 권성재
    • Proceedings of the Korea Society of Information Technology Applications Conference
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    • 2002.11a
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    • pp.407-411
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    • 2002
  • Ternary sequences are digital codes consisting of discrete values -1, 0, and 1 only. They are advantageous in that the correlation can be carried out using additions only. Also, they feature an ideal circular autocorrelation function, but in channel characterization tasks, the usual requirement is that the linear autocorrelation function be ideal, i.e., a Kronecker delta function. In this article, we consider two approaches to improving their linear autocorrelation or crosscorrelation properties: one is an inverse filtering method with thresholding, and the other is a singular value decomposition (SVD) method. Both methods are simulated under noisy circumstances. The inverse filtering method resulted in an improvement in peak sidelobe level of about 11 dB at an SNR of 30 dB, and the SVD method showed similar performances, albeit more sensitive to noise depending on the singular value selection strategy.

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Analysis of Sucess Factors on Crop Switching Management: Applying the HERO Model (작목전환의 단계별 성공요인 분석 -HERO 모델 적용-)

  • Ahn, Kyeong Ah;Park, Sung Hee;Jo, Hea Bin;Choe, Young Chan
    • Journal of Agricultural Extension & Community Development
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    • v.19 no.3
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    • pp.699-727
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    • 2012
  • Conditions of farm crop switching are affected by several important external factors such as agricultural products import opening, policy support, and climate change. Farming environment is always changing; barriers to imports are becoming lower and lower because of FTA and others, and climate change affects a boundary line of cultivation. Those situations give farmers motivation to change crops in order to cope with them. In addition, crop switching has been done in response to the local government measures about purchase of local agricultural products according to the local food and the expansion of organic agricultural products in school meal. Even though the favorable environment toward crop switching has been created, there are not many researches or outcomes regarding crop switching. Only few studies focus on the list of decision-making in crop switching, and locally suitable crop selection is not treated. In order to utilize crop switching as a farm management strategy, the proper frame should be studied and practical researches on application possibility also need. Therefore, study on crop switching is in a timely, proactive manner because farms catch the chance of expansion of school meal by changing crops. This paper applies HERO model used for venture foundation process to crop switching process. Success factors of HERO model are comprised of Habitate, Entrepreneurship, Resource, and Opportunity, and these phased application factors are applied to crop switching process. By doing so, each phase success factor of crop switching can be uncovered. Three farm organizations supplying organic agricultural products to schools are studied in Gyeonggi province. As a result, the stabilization stage cannot be achieved because of the habitate conditions and social conditions with low risk bearing of crop switching and current school meal systems are the main problems to block the diversification of risks. In order to succeed in crop switching, constructing the habitate in local districts or in systems of school meal is more effective than supporting each farm.

Grounded Theory Approach on the Adaptation Process in Facility of Long-Term Care Elderly (장기요양보호대상노인의 시설적응과정에 관한 근거이론적 접근 -내버려진 마음 누그러뜨리기-)

  • Shin, Yongseok;Kim, Soojung;Kim, Jungwoo
    • Korean Journal of Social Welfare
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    • v.65 no.3
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    • pp.155-182
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    • 2013
  • The purpose of this study is to examine how the long-term care effects the elderly that adapt themselves to the caring facility, what their experiences are and what kinds of behavioral characteristics they present. We have analyzed the research conducted on 15 elderly individuals who are living in an elderly long-term care facility, by using the grounded theory approach of Strauss and Corbin (1998). As a result, 170 concepts, 42 sub-categories, and 15 categories were set by the open coding process. During the adaptation process in a long-term care facility, the primary experience or feeling by the elderly is that they had been 'deserted'. However, when consolidating the casual conditions, contextual conditions, intervening conditions, the action/interaction strategy, and consequence, the primary experience was that the elderly came to an 'acceptance'. Such acceptance was then sub-categorized into a destiny-resignation type, reality-acceptance type, and voluntary-selection type. Based on the results of this study, we recommend practical alternatives which will improve surrounding circumstances including caring facilities, its employees, relationships with other elderly individuals, and family support.

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