• Title/Summary/Keyword: Value estimation

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Analysis of Economic Value and Regional Economic Impact of Jeju Port Redevelopment Project (제주항 재개발사업의 경제적 가치 및 지역경제 파급효과 분석)

  • Sim, Ki-Sup
    • Journal of Korea Port Economic Association
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    • v.38 no.3
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    • pp.53-68
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    • 2022
  • In this study, the economic value and economic ripple effect of the Jeju Inland Port redevelopment project were estimated. The economic value was estimated from the viewpoint of amenity, the value of non-market goods such as landscape improvement, environmental improvement, and recreation effects. As a result of the estimation, the population was divided into Jeju Island and other regions and the individual's willingness to pay was estimated to be 2,952.9 won in Jeju Island and 4,722.8 won in other regions. On the other hand, the economic ripple effect of the Jeju Inland Port redevelopment project was estimated during the project period and after the completion of the economic ripple effect was estimated. As a result of the estimation, the production inducement value was KRW 84,387 million, the value-added inducement effect was KRW 37,292 million, and the employment inducement value was 5,846 employment when the (direct employment + indirect employment) effect was combined. After the end of the project period, as of 2022, there were 518,000 foreign tourists, and the value-added inducing effect was estimated to be about 149,885 million won.

Bit Split Method for Efficient Channel Estimation in UWA Channel (수중 다중경로 채널에서 효과적인 채널추정을 위한 비트 분리 방법)

  • Kim, Min-Hyuk;Park, Tae-Doo;Kim, Chul-Seung;Jung, Ji-Won;Yong, Chun-Seung;Sohn, Kwon
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.14 no.10
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    • pp.2207-2214
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    • 2010
  • Underwater acoustic(UWA) communication has multipath error because of reflection by sea-level and sea-bottom. The multipath of UWA channel causes signal distortion and error floor. In this paper, we proposed split input bits of channel decoder using method of maximum value, average value, LLR value for optimal estimation. Channel coding method is LDPC(N size=16000) standard in DVB-S2. As shown in simulation results, the performance of LLR value method is better than other methods.

Value of a statistical life estimation of carcinogenic chemicals for socioeconomic analysis in Korea

  • Lee, Geonwoo;Lee, Yongjin;Lee, Hanseul;Hong, Jiyeon;Yang, Jiyeon
    • Environmental Analysis Health and Toxicology
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    • v.30 no.sup
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    • pp.5.1-5.5
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    • 2015
  • Objectives To protect public health from risk, the Minister of Environment in Korea legislated an act concerning the registration and evaluation of chemical substances. In this study, we estimated the value of a statistical life (VSL) of carcinogenic chemicals to evaluate the socioeconomic analysis in Korea. Methods The estimation of the health benefit can be calculated through an individual's VSL and willingness to pay (WTP). To estimate the VSL and WTP, we used a contingent valuation method through a web-based survey. Results The survey is conducted with 1434 people living in Seoul and six large cities. An analysis of the survey is essential to review the distribution of the characteristics of the target population. The statistically significant variables affecting the WTP are location, age, household income, quality of life. Through the review of data, we secured statistical validity. The WTP was estimated as 41205 Korean won (KRW)/person, and the estimated VSL appeared as 796 million KRW/person. Conclusions There is a case in which the amount of statistical life value is estimated in connection with domestic environmental policy, fine dust, etc. However, there are no cases of evaluation for chemical. The utilization of this result is possible for conducting other study with chemicals.

Determination of Parameter Value in Constraint of Sparse Spectrum Fitting DOA Estimation Algorithm (희소성 스펙트럼 피팅 도래각 추정 알고리즘의 제한조건에 포함된 상수 결정법)

  • Cho, Yunseung;Paik, Ji-Woong;Lee, Joon-Ho
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.41 no.8
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    • pp.917-920
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    • 2016
  • SpSF algorithm is direction-of-arrival estimation algorithm based on sparse representation of incident signlas. Cost function to be optimized for DOA estimation is multi-dimensional nonlinear function, which is hard to handle for optimization. After some manipulation, the problem can be cast into convex optimiztion problem. Convex optimization problem tuns out to be constrained optimization problem, where the parameter in the constraint has to be determined. The solution of the convex optimization problem is dependent on the specific parameter value in the constraint. In this paper, we propose a rule-of-thumb for determining the parameter value in the constraint. Based on the fact that the noise in the array elements is complex Gaussian distributed with zero mean, the average of the Frobenius norm of the matrix in the constraint can be rigorously derived. The parameter in the constrint is set to be two times the average of the Frobenius norm of the matrix in the constraint. It is shown that the SpSF algorithm actually works with the parameter value set by the method proposed in this paper.

Extended Kalman Filtering for I.M.U. using MEMs Sensors (반도체 센서의 확장칼만필터를 이용한 자세추정)

  • Jeon, Yong-Ho
    • The Journal of the Korea institute of electronic communication sciences
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    • v.10 no.4
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    • pp.469-475
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    • 2015
  • This paper describes about the method for designing an extended Kalman filter to accurately measure the position of the spatial-phase system using a semiconductor sensor. Spatial position is expressed by the correlation of the rotated coordinate system attached to the body from the inertia coordinate system (a fixed coordinate system). To express the attitude, quaternion was adapted as a state variable, Then, the state changes were estimated from the input value which was measured in the gyro sensor. The observed data is the value obtained from the acceleration sensor. By matching between the measured value in the acceleration sensor and the predicted calculation value, the best variable was obtained. To increase the accuracy of estimation, designation of the extended Kalman filter was performed, which showed excellent ability to adjust the estimation period relative to the sensor property. As a result, when a three-axis gyro sensor and a three-axis acceleration sensor were adapted in the estimator, the RMS(Root Mean Square) estimation error in simulation was retained less than 1.7[$^{\circ}$], and the estimator displayed good property on the prediction of the state in 100 ms measurement period.

Estimating the non-use values of Gum river estuary using contingent valuation method - by Turnbull nonparametric estimation method (조건부가치측정법을 이용한 금강 하구의 비사용가치 추정 - Turnbull 비모수적 추정 방법을 적용하여)

  • Shin, Youngchul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.11
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    • pp.479-485
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    • 2017
  • This study estimated the non-use values of the Gum river estuary which are not related to the direct or indirect use of the Gum river estuary using the contingent valuation method (CVM). The non-use values of the Gum river estuary were explained and asked to be evaluated in the CVM questionnaire and estimates of the WTPs(willingness-to-pay) were elicited using the Turnbull nonparametric estimation methods on the dichotomous choice CV data. Results found the Turnbull lower bounded mean WTP per year for non-use value of the Gum river estuary was estimated at 5,822 won (95% C.I. 5,295 ~ 6,349 won) from single dichotomous CV data, and 6,205 won (95% C.I. 5,701 ~ 6,710 won) from double dichotomous CV data. The mean of two WTP estimates, 6,014 won (95% C.I. 5,498 ~ 6,529 won), was used to calculate the annual total non-use value of the Gum river estuary. Therefore, the non-use value of the Gum river estuary was estimated at 220.3 billion won (95% C.I. 201.4 - 239.2 billion won) annually. This non-use value of the Gum river estuary was composed of the bequest value totaling 68.3 billion won (95% C.I. 62.5 - 74.2 billion won), the existence value of 58.0 billion won (95% C.I. 53.0 - 63.0 billion won), the option value of 57.7 billion won (95% C.I. 52.7 - 62.6 billion won), and the vicarious consumption value totaling 36.3 billion won (95% C.I. 33.1 - 39.4 billion won).

Comparison of Estimation Methods in NONMEM 7.2: Application to a Real Clinical Trial Dataset (실제 임상 데이터를 이용한 NONMEM 7.2에 도입된 추정법 비교 연구)

  • Yun, Hwi-Yeol;Chae, Jung-Woo;Kwon, Kwang-Il
    • Korean Journal of Clinical Pharmacy
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    • v.23 no.2
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    • pp.137-141
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    • 2013
  • Purpose: This study compared the performance of new NONMEM estimation methods using a population analysis dataset collected from a clinical study that consisted of 40 individuals and 567 observations after a single oral dose of glimepiride. Method: The NONMEM 7.2 estimation methods tested were first-order conditional estimation with interaction (FOCEI), importance sampling (IMP), importance sampling assisted by mode a posteriori (IMPMAP), iterative two stage (ITS), stochastic approximation expectation-maximization (SAEM), and Markov chain Monte Carlo Bayesian (BAYES) using a two-compartment open model. Results: The parameters estimated by IMP, IMPMAP, ITS, SAEM, and BAYES were similar to those estimated using FOCEI, and the objective function value (OFV) for diagnosing the model criteria was significantly decreased in FOCEI, IMPMAP, SAEM, and BAYES in comparison with IMP. Parameter precision in terms of the estimated standard error was estimated precisely with FOCEI, IMP, IMPMAP, and BAYES. The run time for the model analysis was shortest with BAYES. Conclusion: In conclusion, the new estimation methods in NONMEM 7.2 performed similarly in terms of parameter estimation, but the results in terms of parameter precision and model run times using BAYES were most suitable for analyzing this dataset.

Estimation of Setting Time of Chlorine By-pass System Dust Mortar using Setting Time Estimation (현장용 응결시간추정계를 이용한 고염화물 모르타르의 응결시간 추정)

  • Lee, Hyuk-Ju;Han, Jun-Hui;Hyun, Seong Yong;Shin, Yong-Seop;Lee, Jun-Seok;Han, Min-Choel
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.11a
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    • pp.6-7
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    • 2018
  • In the previous study, durometer, namely rubber hardness tester Was used to confirm the possibility of using the setting time of concrete for determination. in this study, the possibility of using condensation time judgment condensation estimation system by comparing the measuring station setting estimation system Measuring needle of the proctor penetration resistance tester by newly making a measurement needle and refining the coagulation estimation system Want to make sure. As a result of this study, it was possible to use one condensation estimation system showing similar correlation between the two types of durometer showing high correlation with the penetration resistance value of proctor testers, It is considered to be fruitful to use the dew condensation estimation system for determining the setting time.

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