• Title/Summary/Keyword: Stock assessment

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Fragility-based rapid earthquake loss assessment of precast RC buildings in the Marmara region

  • Ali Yesilyurt;Oguzhan Cetindemir;Seyhan O. Akcan;Abdullah C. Zulfikar
    • Structural Engineering and Mechanics
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    • v.88 no.1
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    • pp.13-23
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    • 2023
  • Seismic risk assessment studies are one of the most crucial instruments for mitigating casualties and economic losses. This work utilizes fragility curves to evaluate the seismic risk of single-story precast buildings, which are generally favored in Marmara's organized industrial zones. First, the precast building stock in the region has been categorized into nine sub-classes. Then, seven locations in the Marmara region with a high concentration of industrial activities are considered. Probabilistic seismic hazard assessments were conducted for both the soil-dependent and soil-independent scenarios. Subsequently, damage analysis was performed based on the structural capacity and mean fragility curves. Considering four different consequence models, 630 sub-class-specific loss curves for buildings were obtained. In the current study, it has been determined that the consequence model has a significant impact on the loss curves, hence, average loss curves were computed for each case investigated. In light of the acquired results, it was found that the loss ratio values obtained at different locations within the same region show significant variation. In addition, it was observed that the structural damage states change from serviceable to repairable or repairable to unrepairable. Within the scope of the study, 126 average loss functions were presented that could be easily used by non-experts in earthquake engineering, regardless of structural analysis. These functions, which offer loss ratios for varying hazard levels, are valuable outputs that allow preliminary risk assessment in the region and yield sensible outcomes for insurance activities.

A Study on the Horizontal Management of the Fisheries in the Northeastern Pacific (북태평양 어업의 호리존탈.매니저먼트에 관한 연구)

  • 이재후
    • The Journal of Fisheries Business Administration
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    • v.17 no.1
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    • pp.41-76
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    • 1986
  • The northeastern Pacific and eastern Bering Sea supports large and divers finfish and shellfish compelxes. The North Pacific fishing grounds are largest fish production total 30.89 percent of the world in 1983. Recent action by the around countries extending their fisheies jurisdiction to 200 mile has provided a new environment. The new approch to fisheries management has resulted in an arormous expansion in tile demand for scientific information. These are no longer limited to biological concerns. Emphasis has been focused recently on the need to understand the economic, social, politics and philosophy characteristics of a fishing and how they will be affected by management decisions. The horizontal management and portfolio management for fisheries has increased interest in complex biological models and the coupling of these models with economic, politics and phyisophy components. Successful completion of this task will require and expanded understanding of oceanographic, biological, economic, social, politics and philosophic process associated with fisheries. Particular attention should be devoted to acquiring information an data processing for Korean trawl fishery, stock assessment in the areas. The need for international collaboration in management must be stressed. Some northeast Pacific and eastern Bering Sea fish stock migrate over long distances and political boundaries. Further, nearly all the fish stocks are harvested by several nations. The features require cooperation and coordination of research activities. The horizontal management will be made a way these activities for the around countries in the sea. Strongly, tile proposed again, Pacific International Council for Exploration of the Seas, PICES will interest between all users of the area's fisheries.

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Seismic demand estimation of RC frame buildings based on simplified and nonlinear dynamic analyses

  • Borzi, B.;Vona, M.;Masi, A.;Pinho, R.;Pola, D.
    • Earthquakes and Structures
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    • v.4 no.2
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    • pp.157-179
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    • 2013
  • Vulnerability studies on the existing building stock require that a large number of buildings is analyzed to obtain statistically significant evaluations of the seismic performance. Therefore, analytical evaluation methods need to be based on simplified methodologies of analysis which can afford the treatment of a large building population with a reasonable computational effort. Simplified Pushover-Based Earthquake Loss Assessment approach (SP-BELA), where a simplified methodology to identify the structural capacity of the building through the definition of a pushover curve is adopted, was developed on these bases. Main objective of the research work presented in this paper is to validate the simplified methodology implemented in SP-BELA against the results of more sophisticated nonlinear dynamic analyses (NLDAs). The comparison is performed for RC buildings designed only to vertical loads, representative of the "as built" in Italy and in Mediterranean countries with a building stock very similar to the Italian one. In NLDAs the non linear and degrading behaviour, typical of the structures under consideration when subjected to high seismic loads, is evaluated using models able to capture, with adequate accuracy, the non linear behaviour of RC structural elements taking into account stiffness degradation, strength deterioration, and pinching effect. Results show when simplified analyses are in good agreement with NLDAs. As a consequence, unsatisfactory results from simplified analysis are pointed out to address their current applicability limits.

A Study on the Reorganization of the Management System in Korean Inland Fisheries (내수면 어로어업의 동향과 재편과제에 관한 연구)

  • Kim, Dae-Young;Lee, Jung-Sam
    • Journal of Fisheries and Marine Sciences Education
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    • v.19 no.1
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    • pp.34-52
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    • 2007
  • This study analyses the management and utilization of Korean inland fisheries and suggests directions for reorganizing the fisheries in order to achieve qualitative growth. Inland fisheries developing into a unique fishery according to various aquatic systems in different areas have played various roles such as the efficient use of aquatic resources, development of local areas and economy vitalization in under-developed local areas. However, recently Korean inland fisheries are facing a lot of difficulties due to the circumstantial changes surrounding the fisheries. Even though it is difficult to expect the external expansion of the Korean inland fisheries, we could expect qualitative internal growth by achieving the sustainable management and aquatic ecosystem health. Therefore, this study suggests the followings in order to achieve the qualitative growth of the Korean inland fisheries : first, construction of integrated management system according the aquatic systems ; second, organization of fishermen's interest groups such as cooperatives or associations in order to increase the competitive advantage and spread voluntary fisheries management ; third, boosting stock enhancement through systematic stock assessment and stocking ; fourth, expansion and activation of administrative system and research organizations.

How Does Internal Control Affect Bank Credit Risk in Vietnam? A Bayesian Analysis

  • PHAM, Hai Nam
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.873-880
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    • 2021
  • The purpose of this study is to investigate the impact of internal control on credit risk of joint stock commercial banks in Vietnam from 2007 to 2018. Furthermore, we specify bank-specific characteristics and macroeconomic conditions, and analyze how these factors affect credit risk of banks: the number of board members, the number of board members with banking or finance background as ratio of total board members, loans to total assets ratio, loans to deposit ratio, the number of days between the year-end and the publication of the financial statements, and the use of top four auditing firms proxy for five elements of internal control. By using the dataset of 30 Vietnamese joint stock commercial banks and Bayesian linear regression via Random-walk Metropolis Hastings algorithm, the results of this study show that five elements of internal control have a impact on bank credit risk, namely, control environment, risk assessment, control activities, information and communication, and monitoring activities. For factors of banks' characteristics, bank size and financial leverage have a negative impact on banks' credit risk, and bank age has a positive effect. For macroeconomic factors, inflation has a positive impact and economic growth has a negative impact on banks' credit risk.

Housing Need and Demand Assessment: Focused on Public Housing Development Projects (공공주택 사업지구의 수요평가모델 구축 연구)

  • Ji, Kyu-Hyun;Lee, So-Young;Kim, Yong-Soon
    • Land and Housing Review
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    • v.5 no.4
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    • pp.247-257
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    • 2014
  • This study proposes a new housing need and demand assessment model centering on small-scale housing development projects and happy house development projects that reflected the recent changes in rental and small sized apartment centered public housing policies and development paradigms. The housing need and demand assessment model of public housing development projects consists of quantitative evaluation factors such as potential need indicator and demand pressure indicator and qualitative evaluation factors such as local condition indicator. The potential need indicators of small sized housing development projects are calculated by subtracting the stock of already-supplied constructed rental and purchased rental housings from the potential quantity of need drawn from the small regions such as -eup, -myeon, and -dong. In the potential need indicators of happy house development projects, the potential need is calculated from those who are expected to receive a happy house in the unit of -si, -gun, and -gu. In small-sized housing development projects, demand pressure indictors are the number and the proportion of those who opened a subscription deposit, the number of those who received basic livelihood security and the number of those who were patriots and veterans. The demand pressure indicators of the happy house development projects are stock ratio of small-sized houses, rate of rise in housing rent price, level of housing rent price, and rate of monthly rent house.

Acoustic-based estimation of fish stocks in Widas Reservoir, East Java, Indonesia

  • Siti Nurul Aida;Agus Djoko Utomo;Safran Makmur;Tuah Nanda M. Wulandari;Khoirul Fatah;Yosmaniar;Indra Suharman;Ulung Jantama Wisha
    • Fisheries and Aquatic Sciences
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    • v.27 no.4
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    • pp.240-255
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    • 2024
  • Widas Reservoir is situated in an area of 570 ha in the Pajaran Village, Madiun Regency, East Java Province, Indonesia, playing an essential role in fisheries, with the average fish catch per year of about 283 tons/year. This study explores the standing stock, growth parameters, mortality, and exploitation rates of several dominant fishes in Widas Reservoir. This study was carried out from February to November 2019. Fish stocks were estimated using acoustic tools, fish catch records, and sizes collected by local enumerators. Fish length frequency sampling was conducted on several dominant fish species, such as Oreochromis niloticus, Barbonymus gonionotus, and Osteochilus vittatus. Based on the length-frequency data, estimating fish population dynamics, the fish population dynamics (infinitive length (L) and growth coefficient (K)) estimation was run in a time series using the Fish Sock Analysis Tool, II (FISAT II) program package. Moreover, the estimation of natural mortality parameters, the fishing mortality parameter, and the exploitation rate was also performed. The approximated overall fish stock in the Widas Reservoir was about 79,848 kg, which lowered with the increase in water depth. Of particular concern, in the surface layer at a depth between 1-5 m, the fish stock reached 58,813 kg, while in the deeper zone (> 15 m), the value significantly lowered by about 98%, reaching 1,219 kg. These results indicate an overfishing in the Widas Reservoir. The value of the exploitation rate (E) of B. gonionotus was 0.748, O. niloticus 0.8, and O. vittatus 0.7, respectively, proving the overfishing states occurred in the study area. Therefore, regulations governing the number of catches and the use of fishing gear are crucial in Widas Reservoir, particularly the use of lift and gill nets with a mesh size of less than 2 cm.

Olympic Advertisers Win Gold, Experience Stock Price Gains During and After the Games (오운선수작위엄고대언인영득금패(奥运选手作为广告代言人赢得金牌), 비새중화비새후적고표개격상양(比赛中和比赛后的股票价格上扬))

  • Tomovick, Chuck;Yelkur, Rama
    • Journal of Global Scholars of Marketing Science
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    • v.20 no.1
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    • pp.80-88
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    • 2010
  • There has been considerable research examining the relationship between stockholders equity and various marketing strategies. These include studies linking stock price performance to advertising, customer service metrics, new product introductions, research and development, celebrity endorsers, brand perception, brand extensions, brand evaluation, company name changes, and sports sponsorships. Another facet of marketing investments which has received heightened scrutiny for its purported influence on stockholder equity is television advertisement embedded within specific sporting events such as the Super Bowl. Research indicates that firms which advertise in Super Bowls experience stock price gains. Given this reported relationship between advertising investment and increased shareholder value, for both general and special events, it is surprising that relatively little research attention has been paid to investigating the relationship between advertising in the Olympic Games and its subsequent impact on stockholder equity. While attention has been directed at examining the effectiveness of sponsoring the Olympic Games, much less focus has been placed on the financial soundness of advertising during the telecasts of these Games. Notable exceptions to this include Peters (2008), Pfanner (2008), Saini (2008), and Keller Fay Group (2009). This paper presents a study of Olympic advertisers who ran TV ads on NBC in the American telecasts of the 2000, 2004, and 2008 Summer Olympic Games. Five hypothesis were tested: H1: The stock prices of firms which advertised on American telecasts of the 2008, 2004 and 2000 Olympics (referred to as O-Stocks), will outperform the S&P 500 during this same period of time (i.e., the Monday before the Games through to the Friday after the Games). H2: O-Stocks will outperform the S&P 500 during the medium term, that is, for the period of the Monday before the Games through to the end of each Olympic calendar year (December 31st of 2000, 2004, and 2008 respectively). H3: O-Stocks will outperform the S&P 500 in the longer term, that is, for the period of the Monday before the Games through to the midpoint of the following years (June 30th of 2001, 2005, and 2009 respectively). H4: There will be no difference in the performance of these O-Stocks vs. the S&P 500 in the Non-Olympic time control periods (i.e. three months earlier for each of the Olympic years). H5: The annual revenue of firms which advertised on American telecasts of the 2008, 2004 and 2000 Olympics will be higher for those years than the revenue for those same firms in the years preceding those three Olympics respectively. In this study, we recorded stock prices of those companies that advertised during the Olympics for the last three Summer Olympic Games (i.e. Beijing in 2008, Athens in 2004, and Sydney in 2000). We identified these advertisers using Google searches as well as with the help of the television network (i.e., NBC) that hosted the Games. NBC held the American broadcast rights to all three Olympic Games studied. We used Internet sources to verify the parent companies of the brands that were advertised each year. Stock prices of these parent companies were found using Yahoo! Finance. Only companies that were publicly held and traded were used in the study. We identified changes in Olympic advertisers' stock prices over the four-week period that included the Monday before through the Friday after the Games. In total, there were 117 advertisers of the Games on telecasts which were broadcast in the U.S. for 2008, 2004, and 2000 Olympics. Figure 1 provides a breakdown of those advertisers, by industry sector. Results indicate the stock of the firms that advertised (O-Stocks) out-performed the S&P 500 during the period of interest and under-performed the S&P 500 during the earlier control periods. These same O-Stocks also outperformed the S&P 500 from the start of these Games through to the end of each Olympic year, and for six months beyond that. Price pressure linkage, signaling theory, high involvement viewers, and corporate activation strategies are believed to contribute to these positive results. Implications for advertisers and researchers are discussed, as are study limitations and future research directions.

A Case Study of Developing E-Learning Contents of Agricultural Safety and Health based on Risk Assessment (위험성 평가에 기반한 농작업 안전관리 E-Learning 체험 프로그램 개발 사례 연구)

  • Kim, J.H.;Lee, K.S.;Kim, D.M.;Lee, K.S.;Kong, Y.K.;Jung, M.C.;Lee, Inseok
    • Journal of the Korean Society of Safety
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    • v.29 no.4
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    • pp.140-146
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    • 2014
  • This paper presents a case study to develop e-learning contents of agricultural safety based on the assessment of risks of 4 selected crops and stock farming: rice, potatoes, apples, tomatoes and stock raising. The aged farmers, who are main workforce of current Korean agriculture and relatively more vulnerable to various risks of agricultural work compared to younger workers, were considered as the main users of the contents in developing them. The safety guidelines were presented as simple as possible and the interfaces were designed to be simple and easy to use so that the older users can use it without much difficulty. In making the scenarios of the contents, risk assessments were carried out for each crop and stock farming with the focus being on occupational diseases rather than accidental injuries. To make the contents more attractive to the farmers, the functions requiring active responses from the users, such as answering simple questions, were included in the contents. Usability evaluation by experts of ergonomics and agricultural tasks were carried out in modifying the draft version, whereas formal usability test was not included in the case study. Though there are some limitations in the developed contents in the aspects of evaluation of usability and effectiveness, this case study shows the structured procedure of developing e-learning safety contents based on the risk assessments on agricultural tasks. The developed e-learning contents are expected to be used practically and easily in educating and training older farmers about safety and health of agricultural tasks.

An ecological risk assessment for the effect of the Korean tuna longline fishery in the Western and Central Pacific Ocean (중서부 태평양해역의 한국 다랑어 연승어업 영향에 대한 생태학적 위험도 평가)

  • Kwon, You-Jung;An, Doo-Hae;Moon, Dae-Yeon;Hwang, Seon-Jae;Lee, Jae-Bong
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.45 no.1
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    • pp.22-33
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    • 2009
  • Ecological risk assessment(ERA), developed in Australia, can be used to estimate the risk of target, bycatch and protected species from the effects of fishing using limited data for stock assessment. In this study, we employed the ERA approach to estimate risks to tunas, billfishes, sharks, sea turtles and other species by the Korean tuna longline fishery in the Western and Central Pacific Ocean using productivity and susceptibility analyses of the ERA based on low(<1.30), medium(1.30-1.84) and high risk(>1.84). Albacore, bigeye, yellowfin, skipjack and bluefin tunas were generally evaluated in the medium risk. The susceptibility of tuna species, however, had higher risks than the productivity. Billfishes were also at medium risk, while sharks were at high risk by the tuna longline fishery. The risk of productivity was generally high, because most sharks caught by the tuna longline fishery have high longevities, i.e., over 10 years, including ovoviviparous species. Susceptibility, which is related with the selection of fishing gear, was also high, because the longline fishery has no gear modifications to prevent bycatch of protected species. Not only target tuna species were influenced by the tuna longline fishery in the Western and Central Pacific Ocean, but also nontarget species, such as pomfret, mackerels rays, sea turtle were done. Ecosystem-based fishery assessment tools, such as productivity and susceptibility analysis(PSA), have the ability to provide broad scientific advice to the policy makers and stakeholders.