• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.20
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• pp.467-493
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• 2003

There are situations in e-commerce that are altogether new and to which the existing rules cannot apply. The uncertainty and business risk is too high for trading partners to deal with certainty. Therefore existing law must be changed to e-commerce law so that it provides certainty and enforceability in the e-commerce. Legal rules applying to the commerce and international commerce, in particular, contracts, proper law, jurisdiction and so on, have improved with time and experience. It has been found that the problems arising in the context of e-contracting were due to the absence of experience in electronic contracting and an absence of knowledge on how best to solve the problems. Thus, UNCITRAL Working Group on Electronic Commerce held an extensive discussion on issues related to electronic contracting and prepared and revised the Preliminary Draft Convention on International Contracts Concluded or Evidenced by Data Message from the thirty-ninth session in 2002 and prepared the Draft Convention from forty-first session which applies to international contracts concluded or evidenced by means of data messages. An electronic contract is concluded when the acceptance of an offer becomes effective, and an offer becomes effective when it is received by the offeree, and an acceptance of an offer becomes effective when the indication of assent is received by the offeror according to this Convention. Electronic contract may be concluded by the interaction of an automated computer system and natural person or by the interaction of automated computer systems, and a contract formed by a natural person that accesses an automated computer system of another person has no legal effect in case the neutral person made a material error in a data message. The purpose of this paper is to raise the understanding of the Convention on the Electronic Contracting by studying the contents of Draft Convention on Electronic Contracting and comparing Draft Convention with preliminary Draft Convention and finding the difference, characteristics and problem.

• Journal of Korea Port Economic Association
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• v.31 no.3
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• pp.107-120
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• 2015

International logistics systems for cross-border trading aim not only to reduce costs and time, but also to maximize added value. For accuracy of shipping time, cost reduction, rapidity, and safety improvement, demand for Ro-Ro shipping as a global supply chain operating system has increased. To anticipate these demands, this study estimates the optimal demand and scale of Ro-Ro berth construction by analyzing shipping volumes between Korea and Japan. Based on Ro-Ro shipping speeds and distances between Korea and Japan, the shipping volume (container and general cargo) of Busan port is sorted into two separate zones. After analyzing the ratio of items that have great potential benefits from using Ro-Ro shipping, we estimate possible shipping volumes using Ro-Ro berth provision. The results reveal that two berths for 20,000t vessels are additionally required to accommodate the estimated volume. Results suggest the construction of an exclusive Ro-Ro berth in Busan port. This would not only accommodate the demand between Korea and Japan, but also provide a way to avoid the lean-to-one-side port policy.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.29 no.9C
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• pp.1316-1322
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• 2004

Recently, the UWB (ultra wide-band) wireless communication technology, which provides high data transmission and is capable of linearly trading between throughput and signal-to-noise ratio (SNR), has drawn much attention for short-range wireless networks. Fully exploiting its notable features and minimizing its interference to coexisting other systems require the knowledge of SNR's at receivers In this paper, we propose an algorithm for estimating the pulse energy to noise ratio Ep/No of UWB signal with utilization of outputs from a correlator at a receiver, and evaluate the performance of the proposed algorithm through computer simulation. According to simulation results, the maximum standard deviation is about 1 13 dB with a block size of 500. Except for Ep/No=O and 2 dB cases with a block size of 500, no errors greater than 3 dB were observed in all the remaining experiments. Generally speaking, it improves as the true Ep/No, increases and as the block size increases A notable feature of the proposed algorithm is that it does not reduce the effective throughput because the estimation process does not require sending additional training signal of any specific format.

• Environmental and Resource Economics Review
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• v.26 no.3
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• pp.451-472
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• 2017

An OPEC production announcement is a major source of supply disruption that has a significant impact on the international crude oil market. In this study, the effects of OPEC's announcements are analyzed using event study methodology. Considering the oil price volatility and structural changes in the oil price, we divide the entire period into three periods and analyze the impact of OPEC's production quota announcements, including 'cut', 'hike', and 'maintain'. As a result of the analysis, we observe that the degree and direction of abnormal returns differ according to the announcements in each period. In addition, by subdividing oil price surge and plunge period into two sections, we analyze the effect of OPEC's 'maintain' announcements. During the oil price plunge period, the amount of abnormal returns was significant. This study provides policy implications for oil trading strategies and for the impact of OPEC announcements during periods of oil price fluctuation.

• International Commerce and Information Review
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• v.6 no.2
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• pp.107-127
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• 2004

The rapid development of internet information technology has increased interest in e-Trade these days, but it is not activated greatly up to now. In order to promote e-Trade, it is essential to construct cooperative process such as connecting systems among trade related parties. Building e-Trade platform which is based on the infrastructure of the past trade automatic system is key point of promoting e-Trade. To do this, a study on the basic concept and specific components of e-Trade platform is needed absolutely. At this point of view, after this paper has examined domestic and foreign studies on the fundamental technologies about electronic commerce, it drew several key technologies that could be applied to e-Trade considering the current IT trend. Then it evaluates these technologies according to Technology Reference Model(TRM) of the National Computerization Agency. This will help us to show the operation strategy as well as the concept of future e-Trade platform and its composition. On the basis of the theoretical background, this paper classified NCA's technology model into 6 fields, which are application. data, platform, communication, security and management. Considering the key technologies, e-Trade platform has to be mutually connected and accept international standards such as XML. In the aspect of business side, trade relative agencies' business process as well as trading company's process has to be considered. Therefore, e-Trade platform can be classified into 3 parts which are service, infrastructure and connection. Infrastructure part is compared of circulating and managing system of electronic document, interface and service framework. Connecting service (application service) and additional service (application service) consist of service part. Connecting part is a linking mutual parts and can be divided into B2B service and B20 service. The organization operating this e-trade platform must have few responsibilities and requirements. It needs to positively accept existing infrastructure of trade automatic system and improving the system to complete e-trade platform. It also have to continuously develop new services and possess ability to operate the system for providing proper services to demanders. As a result, private sector that can play a role as TTP(Third Trust Party) is adequate for operating the system. In this case, revising law is necessary to support the responsibility and requirement of private sector.

• Journal of Digital Convergence
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• v.15 no.4
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• pp.35-42
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• 2017

Information strategy planning(ISP) is an analysis of the organization's work, information flow, and current information systems, and planning information structures to achieve organizational strategies and objectives. In addition to the systematic promotion of the information sector in the public sector, the government is required to establish an information strategy plan in order to enhance the efficiency of the information sector. However, there are many cases in which the IT project budget is reflected without establishing the information strategy planning. The purpose of this study is to clarify the criteria for establishing the information strategy planning in order to enhance the effectiveness of the information strategy planning. For this purpose, we set up a judgment model for Information strategy planning through expert group review (FGI) and conducted questionnaires on public sector experts. In addition, we proposed a project to establish an information strategy planning and an exceptional project based on the size of iinformatization project and characteristics of informatization project.

• Journal of Korea Port Economic Association
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• v.27 no.4
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• pp.271-289
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• 2011

Mongolia as a land-locked country, has tried to diversify its foreign trade with European and Asian countries. Recently continual price rise of mineral resources also helps Mongolia have chances to gain her trading partners. Nevertheless, regulations and barriers to exports of Mongolian mineral resources in China and Russia, which are transit countries, are complex and complicated in border crossing and transshipment procedures for transit transport. This paper discusses problems and barriers to economic and efficient logistics systems and transit transport of Mongolian mineral resources, and addresses a proposal of international intermodal transport corridors for improving transit transport, and suggests international cooperation, by applying transit rights of land-locked country. Specifically, it is necessary for Mongolia to search for other international intermodal corridors besides the corridor through the port of Tianjin. It is needed to build an international organization for discussion of affirmation of logistics equipments and improvement of transit procedure in border crossing, and to raise financial feasibility in building a new intermodal corridor.

• The KIPS Transactions:PartD
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• v.14D no.5
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• pp.491-500
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• 2007

In order to classify and manage on-line trading goods, the product classification scheme must be maintained. In most systems for handling product information, the classification scheme is managed manually by experts, which in general incurs a lot of time and cost. Effective management of classification system becomes more important as rapid development of industry expedites diversity and convergence of goods and services. There have been many researches on developing classification scheme, and continuing in this line of research, this paper proposes a new method for automatic generation of product classification scheme. Our main idea starts from the concept that a product is a set of attributes, and we propose a novel algorithm for automatically creating hierarchical classification scheme by utilizing inclusive relationships between products. We then prove the effectiveness of proposed algorithm by conducting an experiment.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.2
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• pp.347-353
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• 2017

In order to prohibit global warming, various kinds of regulatory policies have been established in the whole world. One example is the establishment of the Renewable Portfolio Standard. It requires the increased portion in energy production from renewable energy sources. The Republic of Korea adopted the act on the promotion of the development, use, and diffusion of new and renewable energy since 2012. However, in spite of the effort on the consideration of the renewable energy sources, it was reported the carbon intensity of electricity in Korea was not that low in 2015. Thus, it is required to examine the recent state of the utilization degree of the renewable energy sources in Korea. This paper analyzed the statistical data provided by Korea Power Exchange (KPX) to examine any problems and solutions for generating electricity from the renewable energy sources. We focused on the generation capacity provided by the power plants participated in the market, the electric power trading amount, and the utilization coefficient for 10 years. By analyzing the data, we provide an alternative to solve some imbalance among the factors contributing to renewable energy use.

• Journal of Intelligence and Information Systems
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• v.11 no.2
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• pp.105-121
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• 2005

To realize a ubiquitous logistics management system using the smart object of Electronic Product Code(EPC) enabled RFID tag, the design and management of RFID Information Service is very important. RFID Information Service searches, transfers and responds to the other's PML request, but Physical Markup Language (PML) data management between trading system elements has issues of standardization of PML data description and processing, and problems of data traffic and communication time overload because of the innate distributed characteristics. As a complementary study, this research analyzes the usage patterns and data types of PML. On that analysis we provide a design of the distributed RFID Information Service architecture of PML data management that is using DB middleware. Standalone and Integrated type of RFID IS were proposed.