• 아태비즈니스연구
• /
• 제14권1호
• /
• pp.113-129
• /
• 2023

Purpose - The purpose of this study is to examine whether trading volume amplifies the extent to which lottery-type stocks are overpriced, and whether economic sentiment index explains time-variation in the magnitude of the volume amplification effect. Design/methodology/approach - We examine monthly returns on 5x5 monthly bivariate portfolios formed by lottery characteristics (measured by maximum daily return) and trading volume. In addition, we perform time-series regression tests to examine how the volume amplification effect changes in high and low economic sentiment periods, after controlling for Fama-French three factors. Findings - Our bivariate portfolio analysis shows that the overpricing of lottery-type stocks are mostly pronounced among high trading volume stocks. In contrast, for low trading volume stocks, overpricing of lottery-type stocks appears to vanish. Furthermore, the amplification effect of trading volume on overpricing of lottery-type stock is concentrated in high economic sentiment periods. Research implications or Originality - This study is the first attempt to examine whether trading volume drives lottery-type stocks' overpricing in the Korean stock market. Furthermore, our analysis unveils the time-varying nature of volume amplification effect. The results suggest that trading volume might play a important hidden role in asset pricing, opening a new line of researches in the future.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• 제12권6호
• /
• pp.2581-2594
• /
• 2018

The microcell terrain is the most common wireless network terrain in our life. In order to solve wireless network optimization of weak coverage in the microcell terrain, improve call quality and reduce the cost of the premise, power amplifiers in base stations should be adjusted according to user volume. In this paper, characteristics of microcell topography are obtained after analysis. According to the topography characteristics of different microcells, changes in the number of users at different times have been estimated, meanwhile, the number of scatter users are also obtained by monitoring the PCCPCH RSCP and other parameters. Then B-Spline interpolation method has been applied to scatter users to obtain the continuous relationship between the number of users and time. On this basis, power amplification can be chosen according to changes in the number of users. The methods adopted by this paper are also applied in the engineering practice, sampling and interpolation are used to obtain the number of users at all times, so that the power amplification can be adjusted by the number of users in a microcell. Such a method is able to optimize wireless network and achieve a goal of expanding the area of base stations, reduce call drop rate and increase capacity.

• 대한기계학회논문집
• /
• 제18권3호
• /
• pp.612-623
• /
• 1994

Shock-wave focusing from a two-dimensional parabolic reflector was simulated using an explicit finite volume upwind TVD scheme. Computations were performed for three different incident shock speeds of $M_s$ = 1.1, 1.2 and 1.3, corresponding to the relatively weak, intermediate, and strong shock waves, respectively. Numerical solutions nicely resolved all the waves evolving through the focusing process. As the incident shock strength increase, a transition was observed in the shock-fronts geometry that was caused by the change in the reflection type of converging shock fronts on the axis of symmetry, from regular-type to Mach-type reflection. The computed maximum on-axis pressure amplification and the trajectories of three-wave intersections showed good agreement with experimental results. The strong nonlinear effect near the focal region which determines the shock-fronts geometries at and behind the focus and at the same time confines the pressure amplification at the focus was clearly revealed from the present numerical simulation.

• Wind and Structures
• /
• 제38권3호
• /
• pp.193-202
• /
• 2024

Modern high-rise tower designs incorporating recessed balcony cavity spaces can be prone to high-frequency and narrow-band Rossiter aerodynamic excitations under glancing incident winds that can harmonize and compete with recessed balcony volume acoustic Helmholtz modes and facade elastic responses. Resulting resonant inertial wind loading to balcony facades responding to these excitations is additive to the peak design wind pressures currently allowed for in wind codes and can present as excessive facade vibrations and sub-audible throbbing in the serviceability range of wind speeds. This paper presents a methodology to determine Cavity Amplification Factors to account for façade resonant inertial wind loads resulting from balcony cavity aero-acoustic-elastic resonances by drawing upon field observations and the results of full-scale monitoring and model-scale wind tunnel tests. Recessed balcony cavities with single orifice type openings and located within curved façade tower geometries appear particularly prone. A Cavity Amplification Factor of 1.8 is calculated in one example representing almost a doubling of local façade design wind pressures. Balcony façade and tower design recommendations to mitigate wind induced aero-acoustic-elastic resonances are provided.

• Journal of Microbiology and Biotechnology
• /
• 제10권6호
• /
• pp.873-876
• /
• 2000

Short tendem repeat (STR) loci have been used in the field of forensic science. There are literally hundreds of STR systems which have been mapped throughout the human genome. These STR loci are found in almost every chromosome in the genome. They may be amplified using a variety of PCR primers. In this study, a DNA genotyping system based on the multiplex amplification of highly polymorphic STR loci was developed. Three STR loci with nonoverlapping allele size ranges have been utilized in the multiplex amplification including the Neurotensin receptor gene, D21S11, and Human tyrosine hydroxylase gene. The optimal condition for triplex PCr was obtained in a solution with a total volume of $25{\mu}l$ containing 2.0 U of Taq polymerase, 3 mM of $MgCl_2$, $300{\mu}M$ of dNTP, 10 pmole of each primer set, an annealing temperature of $62^{\circ}C$, and 35 cycles. The optimized condition was successfully employed in a family paternity test.

• Asian Journal for Public Opinion Research
• /
• 제8권4호
• /
• pp.432-452
• /
• 2020

This study explored the representation of risks from the controversial Lynas rare earth refining as a risk event by five Malaysian online mainstream and alternative newspapers using qualitative content analysis. The aim is to uncover the role of the news media in the social amplification and attenuation of risks within the literature evidence as those roles are still uncertain. Content analysis is used to explore the online newspapers' roles guided by the Social Amplification of Risk Framework (SARF). The representations typified environmental, financial, health, occupational, property, radioactive, and technological risks and established connections between four risk types (environmental, financial, radioactive, and health risks). Radioactive risk was repeatedly associated with other risks, suggesting that the volume and information flow focused on radioactive risk as a key ingredient for amplification. This connection shows that the nature of the relationship between risks is multidimensional, contradicting the unidirectional type found in previous studies. Alternative online newspapers amplified and attenuated more risks, thus, providing more diverse coverage than mainstream sources. Consequently, this study provides evidence that risk representation from rare earth refining in a digital news environment is multidimensional and intensified or weakened in a multi-layered pattern. The stakeholders are engaged in a contestation by positioning their narratives to oppose or support their interests, which are amplified or attenuated by the online newspapers as social amplification stations.

• 한국도로학회논문집
• /
• 제14권2호
• /
• pp.29-36
• /
• 2012

다양한 종류의 차량하중을 대상으로 도로의 평탄성과 차량의 속도가 도로에 작용하는 동적하중에 미치는 영향을 분석하기 위하여 경인고속도로의 교통량자료 분석을 통하여 통과빈도가 높은 대표 중차량 개념의 2축, 3축, 4축 그리고 5축 차량을 선정하였다. 선정된 대표 중차량을 대상으로 도로의 평탄성과 주행차량의 속도에 따른 동적 축하중을 TruckSim 프로그램을 통하여 산정한 후, 각 대표 중차량을 대상으로 도로 평탄성 변화에 따른 동적하중에 대한 정적하중의 비인 동적하중 증가계수를 산정하였다. 본 연구를 통해 산정된 동적하중 증가계수로부터 예측한 동적하중은 3축 대표 중차량에서 IRI가 3.5이고 주행차량 속도가 100km/h일 때 정적하중에 비해 최대 36%에 해당하는 추가적인 동적하중이 가해지는 것으로 나타났고, 다양한 차종에 대한 동적하중 증가계수의 특성을 분석한 결과 축간거리가 짧고 각 축에 가해지는 하중분담률이 높을수록 동적하중 증가계수가 증가함을 알 수 있었다.

• 한국식품영양과학회지
• /
• 제27권6호
• /
• pp.1166-1172
• /
• 1998

A method for the isolation and purification of DNA from a red algae, Porphyra was innovated. The innovation of the method consists mainly of three steps that include sodium acetate treatment, chloroform extraction, and 0.2 volume isopropanol precipitation step. The sodium acetate treatment was designed to remove polysaccharide contamination, and the isopropanol step to remove proteins and salts contaminents. Genomic DNA,s of several species(for example, P. tenera, P. yezoensis, P. seriata, and P. pseudolinearis) was successfully isolated by the innovated method. The amount of DNA purified from one g of sample material with the innovated method was 53 g in average. The resulting DNA was characterized to include high molecular weight and showed no nuclease activity. The DNA was pure enough to be digested directly by various restriction enzymes without any difficulties. Porphyra DNA was pure enough and adequate for amplification reaction through the polymerase chain reaction (small nuclear rDNA PCR amplification).

• Wind and Structures
• /
• 제11권5호
• /
• pp.361-376
• /
• 2008

This paper considers internal pressure fluctuations for a range of building volumes and dominant wall opening areas. The study recognizes that the air flow in and out of the dominant opening in the envelope generates Helmholtz resonance, which can amplify the internal pressure fluctuations compared to the external pressure, at the opening. Numerical methods were used to estimate fluctuating standard deviation and peak (i.e. design) internal pressures from full-scale measured external pressures. The ratios of standard deviation and peak internal pressures to the external pressures at a dominant windward wall opening of area, AW are presented in terms of the non-dimensional opening size to volume parameter, $S^*=(a_s/\bar{U}_h)^2(A_W^{3/2}/V_{Ie})$ where $a_s$ is the speed of sound, $\bar{U}_h$ is the mean wind speed at the top of the building and $V_{Ie}$ is the effective internal volume. The standard deviation of internal pressure exceeds the external pressures at the opening, for $S^*$ greater than about 0.75, showing increasing amplification with increasing $S^*$. The peak internal pressure can be expected to exceed the peak external pressure at the opening by 10% to 50%, for $S^*$ greater than about 5. A dominant leeward wall opening also produces similar fluctuating internal pressure characteristics.

• 한국대기환경학회지
• /
• 제13권5호
• /
• pp.383-396
• /
• 1997

Numerical prediction of the pollutant dispersion over a two-dimensional hilly terrain is presented. The dispersion model used in the present work is based on the gradient diffusion theory and the finite-volume method on a non-orthogonal boundary-fitted grid system. The numerical model is validated by comparing the results with the available experimental data for the flat-floor dispersion within a turbulent boundary-layer. The numerical error analysis is performed based on the guideline of Kasibhatla et al.(1988) for the elevated-source dispersion in the flat-floor boundary layer having a power-law velocity and linear eddy-diffusivity profile. The influences of the two-dimensional hilly terrain on the dispersion from a continuously released source are numerically investigated by changing the emission locations and heights. It is found that the distributions of ground-level concentration are strongly influenced by the source location and the emission height. Hence, the terrain amplification factor is greatly enhanced when the pollutant source is located within a flow separation region. Dispersion from a source of short duration is also simulated and the duration time of the pollutant is compared at several downstream locations on a hilly terrain. The results of the numerical prediction are applied to the evaluation of environmental impacts due to the automobile exhausts at the seashore highway with a parallel mountain range.