• Journal of the Korean Data and Information Science Society
• /
• v.24 no.6
• /
• pp.1263-1274
• /
• 2013

VaR (value at risk), which represents the expectation of the worst loss that may occur over a period of time within a given level of confidence, is currently used by various financial institutions for the purpose of risk management. In the majority of previous studies, the probability of return has been modeled with normal distribution. Recently Chen et al. (2010) measured VaR with asymmetric Laplacian distribution. However, it is difficult to estimate the mode, the skewness, and the degree of variance that determine the shape of an asymmetric Laplacian distribution with limited data in the real-world market. In this paper, we show that the VaR estimated with (symmetric) Laplacian distribution model provides more accuracy than those with normal distribution model or asymmetric Laplacian distribution model with real world stock market data and with various statistical measures.

• Korean Journal of Fisheries and Aquatic Sciences
• /
• v.51 no.3
• /
• pp.313-320
• /
• 2018

Chub mackerel Scomber japonicus is an economically important pelagic species in the western North Pacific. In the last 50 years, the annual total catch in Korean waters showed large fluctuations, ranging from 100 to $420{\times}10^3tons$. To provide a biological reference point for management of chub mackerel, we applied a simulation-based yield-per-recruit (Y/R) model that considered both temperature-dependent growth and size-dependent mortality. We estimated the fisheries yield with respect to varying biological reference points and environmental conditions, including 1) the instantaneous rate of fishing mortality (F), 2) length of fish at first capture ($L_c$), and 3) water temperature. The result of our analysis showed that the Y/R could be greatest when the $L_c$ ranges from 19-27 cm and F ranges from $1.48-2.00yr^{-1}$. Y/R increases with increased water temperature between 15 and $23^{\circ}C$. We suggest targeting an $L_c$ of 17 cm (age=0.6 years) under the assumed current of $F=0.48yr^{-1}$ for maximizing the chub mackerel harvest. Further analysis considering spawning and recruitment processes are required to provide biological reference points to ensure the sustainability of chub mackerel fisheries in Korean waters.

• Korean Journal of Fisheries and Aquatic Sciences
• /
• v.53 no.1
• /
• pp.50-56
• /
• 2020

Determination of the precise size at sexual maturity is very important for science-based stock assessment and fisheries resource management. In this study, two different models, (1) a visual method and (2) a gonadosomatic index (GSI) method, were employed to estimate length at sexual maturity of the small yellow croaker Larimichthys polyactis in the Yellow Sea of Korea. The visual method is a common qualitative method using visual gonadal identification. Conversely, the GSI method is a quantitative method using the GSI, which can be easily and precisely collected. We compared results from these methods to determine the best approach, and to examine the practicality of the GSI method. Logistic regression of the maturity ogive was conducted using a general linear model (GLM) with the R statistics program. Also, the bootstrapped 95% confidence intervals of all estimates were calculated. The best-fit model was the visual method (R_Mc²=0.805, AUC=0.989, L₅₀=15.1). Among models using the GSI method, the model computing GSI_ref=0.94 was the best-fit model (R_Mc²=0.792, AUC=0.989, L₅₀=15.2). There was no significant difference between the two models, evidencing the effectiveness and accuracy of the GSI method.

• Journal of Nutrition and Health
• /
• v.30 no.8
• /
• pp.995-1008
• /
• 1997

This study was performed to investigate the change in taste perception during aging and its effects on dietary intake in Korean elderly. The subjects were female aged 65 through 90 in the Anyang area, and college women were included as a comparison group . Dietary intake of the elderly(n=155) and young subjects (n=38) was measured by a 3 day diet record. The taste threshold and 'just right' concentrations(JRC) for sweet and salty tastes were assessed by sensory evaluation . Sucrose solution (0.0.,0.4,0.6,0.8,1.0, 1.2%) and salt solution(0, 0.02, 0.03,0.06,0.09,0.12,0.15%) were used to establish thresholds. for JRC assessment, four suprathreshold sucrose concentrations of 5, 8, 11 and 14% in orange-pineapple flavored juice and salt concentrations of 0.20, 0.34, 0.50and 0.75% in beef stock were prepared. Mean intakes of energy, protein , vitamin A, thiamin , riboflavin, niacin ,calcium and iron of the elderly were below the Korean Recommended Dietary allowances. The elderly showed higher taste thresholds than young subjects of both sweet and salty tastes consumed less calories. Needs to bespecified. The older subjects having high threshold or JRCs for sweet and salty tastes consumed fewer calories from protein and fat. Pearson correlation coefficients was between JRC for sweet and salty tastes 0.54(p<0.01). The correlation coefficients between tastes threshold and nutrient intakes were very low for both age groups. Unlike the college women, in the elderly the JRC of sweet taste of the orange-pineapple juice were negatively correlated with intakes of energy, protein, fats, thiamin , riboflavin , niacin ,vitamin C , iron and consumption of meat and egg food groups (p<0.01). In summation age-related alterations in sweet and salty taste perception were observed in the elderly and dietary intakes of the elderly see to be influenced by these taste perception changes.

• Ocean and Polar Research
• /
• v.30 no.2
• /
• pp.181-191
• /
• 2008

This study aims at assessment of spatio-temporal distribution of demersal fish aggregations near the west coast of Jeju Island using hydroacoustic survey. A 200 kHz split beam transducer attached to a small towed body was used for all acoustic investigations. The received acoustic data were in situ acoustic target strength (TS, dB) for all pings and nautical area scattering coefficient(NASC, $m^2/mile^2$) for 0.1 mile along 12 acoustic transects. Demersal fish aggregations are distributed around the coastal slope having 20 to 30 m depth throughout all seasons. The concentration is higher during the summer season. With regard spatial distribution, higher demersal fish aggregations have been detected near the West coast of Shinchang and especially near Chagwi-do. Pelagic fish aggregations were higher to the south of Chagwi-do during the spring season. Additionally, standing stock of demersal fish aggregations from the NASC data, TS function, and length-weight function of dominant species was estimated as follows: 3.2 ton (CV 21.8%) in December 2006, 17.9 ton (CV 21.6%) in April 2007, 30.8 ton (CV 17.8%) in June 2007, and 22.5 ton (CV 24.2%) in October 2007. The application of hydroacoustic methods offers a new approach to understanding spatiotemporal structure and estimate the biomass of demersal fish aggregations in the coastal area. And the results can be made up limitations of qualitative analysis through net and diving for fisheries resources survey in coastal area.

• Korean Journal of Fisheries and Aquatic Sciences
• /
• v.50 no.4
• /
• pp.437-446
• /
• 2017

To evaluate the consequences of possible fisheries regulations of anchovy Engraulis japonicus in the Korea Strait, we developed and applied a simulation-based yield-per-recruit (Y/R) model that considered temperature-dependent growth and size-dependent mortality, covering the egg to adult stages. We projected changes in commercial yield and egg production of anchovy with respect to varying biological reference points of 1) the instantaneous fishing mortality, 2) the minimum fork length of anchovy allowed to catch for protecting smaller anchovy ($L_{c,min}$), and 3) the maximum fork length allowed to catch for protecting bigger anchovy ($L_{c,max}$). Our Y/R model showed that the anchovy yield will be maximized at ca. $1.4{\times}10^6tons$ when $L_{c,min}$ ranges between 42-60 mm or at ca. $0.8{\times}10^6tons$ when $L_{c,max}$ ranges from 88-160 mm. At $L_{c,min}=30mm$, the present minimum length of catch, our simulations indicated that the anchovy yield can reach a maximum of $1.2{\times}10^6tons$ in the long-term when the present fishing effort, which annually yields ca. $0.2{\times}10^6tons$ of anchovy, can be increased by a factor of 28. We expect that our simulation-based Y/R model can be applied to other commercially-important small pelagic species in which the traditional Beverton-Holt Y/R model is difficult to apply.

• Journal of the Korean Society of Fisheries and Ocean Technology
• /
• v.46 no.4
• /
• pp.392-405
• /
• 2010

The population of small yellow croaker, Larimichthys polyactis, in the Yellow and East China Seas has decreased significantly since the mid 1970s. Several management measures have been introduced to conserve it, but population size remains low. To rebuild this population, it is now necessary to consider more effective management methods based on the stock assessment. To determine long-term population changes, fishery and biological data collected over 34 years (1969-2002) were analysed. Yearly fish length compositions were analysed for the time periods 1968 through 1970, 1978 through 1982, and 1993 through 2002; and catch data was available from 1969 to 2002. Annual population sizes were calculated based on length composition, the relationship between total length and body weight, and total landings. Analyses showed that since the 1970s, average size of harvested fish decreased; the proportion of less mature fish (smaller than the 50% maturity length, 19cm) in catches has increased and the estimated biomass has decreased significantly. Consequently, the main management recommendation is that juvenile fish need to be better protected to allow the rebuilding of resources to a more sustainable population level. This will require fish size limit, permissible mesh size, and closed area and season regulations.

• Journal of Digital Convergence
• /
• v.12 no.10
• /
• pp.179-189
• /
• 2014

Unlisted stocks, each country applies a systematic evaluation of the proposed regulations and how the objectivity and reliability of the valuation is trying to improve. In the case of Korea, the law relating to the assessment of unlisted stocks of a representative and 'Inheritance and Gift Tax Law' and the majority of the information in accordance with this law is. IFRS to the valuation of securities at fair value, such as unlisted stocks, but with the exception that non-marketable securities, the acquisition cost can be replaced by a well-known professional organizations calculation of the amount of stocks that the rules are followed. Therefore, in this study, together with the other examples given statutory valuation theory or technique has been referred to various valuation models in practice. It is significant to provide data that can be used to present a variety of methods for the valuation of unlisted shares and enable rationalization study. But the limitations of this study, the implication is obtained through a single enterprise, the research will continue to be applied to the case study and plan the future by the various sectors of the corporate scale.

• Journal of Korean Society of Rural Planning
• /
• v.9 no.2 s.19
• /
• pp.13-17
• /
• 2003

A purpose of this study is to develop practical indexes for improving a village environment in Kyongbuk, Korea. From a questionnaire survey of the public employees (71 persons) who take charge of the environment in Kyongbuk province, the indexes were produced and the contents of questionnaire consisted of preferential and supplementary indexes to apply. The preferential indexes which apply to an agricultural village and a stock raising village are environmental sanitation facilities, a hygienic check of livestock and a purge of livestock shed's surroundings. In case of mountainous village, and natural-ecological village the preferential indexes are habitat reservation for wildlife, poaching prohibition (monitoring for it), and food supplement for livestock. To the traditional-cultural village, prevention of noise pollution, environmental sanitation facilities, and a monitoring or water quality change are the prior indexes in order. For the village near city and the industrial village the preferential indexes are patrol removing of garbage, pollution index planting and monitoring for noise pollution. For a fishing village and a village fronting waterside excess uses of agricultural chemicals, monitoring for a water quality change, and realignment of green house with vinyl and warehouse. In conclusion the research presents the practical and preferential index for residents to improve their environment in accordance with village settings and suggests guidelines for further research.

• Journal of Forest and Environmental Science
• /
• v.35 no.3
• /
• pp.205-211
• /
• 2019

The objective of this research was to assess the amount of carbon stock of coarse woody debris (CWD) in Bombo-Lumene Reserve. Data on lying CWD was collected on 35 circular sampling plots using Line Intersect Sampling (LIS) method. A total of 230 samples CWD (${\geq}10cm$ diameter) were inventoried. The mean carbon stocks of CWD was $29.48Mg\;C\;ha^{-1}$, ranging from 4.32 to $73.54Mg\;C\;ha^{-1}$. The CWD carbon stocks displayed a wide range of variation in decay states. The allocation of CWD among the decay class of all the CWD samples reveals that the most important classes were class 1 and class 3 with 323.66 and $321.96Mg\;C\;ha^{-1}$, followed by class 4 with 264.56 and the last one was class 2 with $121.72Mg\;C\;ha^{-1}$. The results suggested that the dead wood component is important in carbon sequestration and should be taken into consideration for quantification of carbon stocks not only in Bombo-Lumene Reserve, but in all forest ecosystems in the Democratic Republic of Congo.