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Information Asymmetry Issues in Online Lending : A Case Study of P2P Lending Site (인터넷 대부시장에서의 정보비대칭성 문제 : P2P 금융회사 사례를 중심으로)

  • Yoo, Byung-Joon;Jeon, Seong-Min;Do, Hyun-Myung
    • The Journal of Society for e-Business Studies
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    • v.15 no.4
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    • pp.285-301
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    • 2010
  • Peer-to-peer (P2P) lending is an open marketplace for loans not from bank but from individuals online. Financial transactions are facilitated directly between individuals ("peers") without any intermediation of a traditional financial institution. A market study by renowned research company forecasts that P2P lending will grow very fast and a couple of P2P lending sites in Korea also are getting attentions by providing the alternative financial services. In P2P lending market, Lender will enjoy higher income generated from the loans in the form of interest than interest that can be earned by financial products provided by official financial institutions. Furthermore, lenders are able to decide who they would lend the money for themselves. Meanwhile, borrowers with low credit scores are able to finance their liquidity requirement with low cost and convenient access to the Internet. The objective of this paper is to introduce P2P lending and its issues of information asymmetry. We provide the insights from the case study of one of P2P lending sites in Korea and review the issues in P2P lending market as research topics. Specifically, information asymmetry issues in both traditional financial institutions and P2P lending are discussed.

Induction of apoptosis by etoposide treatment in colon cancer cell line SNU C2A (대장암 세포주 SNU C2A에서 etoposide 처리에 의한 apoptosis 유도)

  • Jung, Ji-Yeon;Na, Yun-sook;Jung, Ho-Chul;Oh, Sang-Jin
    • IMMUNE NETWORK
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    • v.1 no.3
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    • pp.221-229
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    • 2001
  • Background: Inactivation of tumor suppressor genes is believed to be important in the development of many human malignancies. Recently, several lines of evidence have indicated that the wild type p53 gene located at 17p13.3, may function as a tumor suppressor gene and that a mutant p53 gene could promote transformation by inactivating normal p53 function in a dominant negative fashion. These broad spectrum of p53 mutation in human cancers provide that mutant p53 and their protein may be potential targets of tumor diagnostic and therapeutic interventions. Method: Colony formation was performed to investigate growth suppressional ability. p53 expression pattern was examined by western blot and p53-mediated transactivation ability was assessed by CAT activity. SNU C2A cells were observed in apoptotic aspects induced by etoposide and $H_2O_2$ treatment, detecting sensitivity on agent, DNA fragmentation through agarose gel, chromatin condensation by fluorescence microscope, and cell cycle distribution by FACS. Result: 1) p53 mutant his179arg ($histidine{\rightarrow}arginine$) detected in SNU C2A cells lost transcriptional activity and growth suppression ability, showing dominant negative effect on its wild type p53. 2) Etoposide-treated SNU C2A cells induced apoptosis, exhibiting dramatic reduction of cell growth, DNA fragmentation, nuclear condensation formation of apoptotic body and increment of sub-G1 cell fraction. 3) Etoposide and $H_2O_2$-treated SNU C2A cells have no high increase of p53 expression and overexpressed p53 protein changed localization, from cytoplasm to nucleus. Also, p53-mediated transcriptional activity was increased by agents-treatment. Conclusion: SNU C2A cells coexpress wild-type and mutant p53 protein induced apoptosis in the condition on DNA damage, through localizational shift from cytoplasm to nucleus of p53 protein rather than the induction of p53 protein. SNU C2A cells derived mutant p53 his179arg abrogated both the growth supression ability and transactivational activity, showing inhibition effect on transcriptional activity of wild type p53, but did not repress the activity of wild type p53 in SNU C2A cells owing to dominant activity of wild type. These cell condition may provide new gene therapeutic implications leading effective antiproliferation of cell when mutant and wild-type p53 protein were co-expressed in cell.

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DRM Enabled P2P Model for Contents Protection (콘텐츠 보호를 위한 DRM이 적용된 P2P 모델)

  • Sung Jae-Youn;Jeong Yeon-Jeong;Yoon Ki-Song
    • The KIPS Transactions:PartC
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    • v.13C no.4 s.107
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    • pp.389-396
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    • 2006
  • P2P(Peer To Peer) system, a most attractive file sharing system, is the largest channel of contents distribution and it takes 50% of network traffic. But P2P systems are infamous for used to illegal contents distribution channel not only in music industry, but also in movie industry. But, DRM(Digital Right Management) enabled P2P models are not suggested until now that interrupting illegal contents distribution and keeping advantage of P2P. So in this paper, we suggest a DRM enabled P2P model that can support distributed processing ability and high scalability with no modification in exist P2P model or architecture.

Immunohistochemical study of p53 and mdm-2 in Squamous Cell Carcinoma and Leukoplakia of Head and Neck. (두경부 편평상피세포암과 백반증에서 p53과 mdm-2의 면역조직화학적 연구)

  • 김용주;정환우;황찬승;양훈식
    • Korean Journal of Bronchoesophagology
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    • v.4 no.1
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    • pp.73-78
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    • 1998
  • The mutation of p53 is the most common genetic alteration found in human cancers and has oncogenic properties. mdm-2 is a recently discoverd that controls the p53 activity by binding of its protein, so negative feedback loop has been suggested in which p53 induces mdm-2 expression. The purpose of this study was to analyze the expression of p53 in leukoplakias, mdm-2 in squamous cell carcinomas, and relationship between p53 and mdm-2 expression in leukoplakias and squamous cell carcinomas. The results were as follows : 1) The p53 was expressed 33.4% in leukoplakias 2) The mdm-2 was expressed 8.3% in leukoplakias and 22.7% in squamous cell carcinomas. 3) The expression rate of p53 was higher in specimens negative for mdm-2 than in specimens positive for mdm-2, but there was not significant relationship between p53 and mdm-2 expression. In conclusion p53 was thought to participate in early phase of oncogenesis, and mdm-2 was thought to have a role as a oncogene in squamous cell carcinoma of head and neck. Though there was not significant relationship between p53 and mdm-2 expression, mdm-2 was thought to inhibit p53 activity.

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An Effective P2P Searching Algorithm Based on Leveled OK Mechanism (단계별 OK 기법 기반 효과적 P2P 검색 알고리즘)

  • kim Boon-Hee;Lee Jun-Yeon
    • Journal of the Korea Society of Computer and Information
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    • v.10 no.2 s.34
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    • pp.69-78
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    • 2005
  • As the study and use of P2P systems are diversified, the effect of excessive amount of traffic, which occurs in searching peers' resource and is considered as a network bandwidth Problem, cannot let the matter Pass without making a protest. In case P2P application doesn't reduce network traffic, it can be much effected to use bandwidth smoothly in the internet environment where various network applications lie scattered and there will be inconvenience when many network users makes use of related applications . In this Paper, we propose a pure P2P model based-broadcasting technique for producing successful hit ratio and traffic amount in the weakly connected environment based-P2P system where situation of peers' connection and exit is ambiguous . The proposed searching technique is designed/implemented to improve a resident problem in the related system and we have estimated the performance of the proposed searching technique comparing our technique with the existing broadcasting based-searching technique .

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A study on middle school students' oral health belief and oral health practice (중학생의 구강건강신념 및 구강건강실천에 관한 연구)

  • Ji, Min-Gyeong
    • Journal of Korean society of Dental Hygiene
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    • v.8 no.4
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    • pp.165-180
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    • 2008
  • The present study is a descriptive survey on factors affecting middle school students' oral health belief and oral health practice. In order to find methods for forming right beliefs and inducing desirable behavioral patterns, we conducted a questionnaire survey with 470 students at two middle schools in Cheongju and drew conclusions as follows. Of the 470 questionnaires, 457 were recovered. With 10 inappropriately answered ones excluded, 446 questionnaires were analyzed. 1. As to oral health belief according to general characteristics, susceptibility was 2.63 points (p=0.035) in male students, 2.68 (p=0.016) in 3rd year students, and 2.92 (p=0.002) in only child students. Seriousness was 2.57 (p=0.017) in male students, 2.67 (p=0.001) in 3rd?year students, and 2.92 (p=0.001) in only child students. barrier was 2.62 (p=0.009) in 3rd year students, and 2.95 (p=0.002) in only child students. Benefit was 3.40 (p=0.011) in female students, and 3.43 (p=0.003) in 1st year students. salience was 3.21 (p=0.006) in female students, and 3.24 (p=0.009) in 1st year students. 2. As to oral health belief according to oral?health?related factors, susceptibility and seriousness were 2.69 (p=0.003) and 2.72 (p=0.000), respectively, in the lower?middle class group, 2.83 (p=0.001) and 2.80 (p=0.003), respectively, in the drink taking group, and 2.80 (p=0.000) and 2.75 (p=0.000), respectively, in the low conversation group. barrier was 2.63 (p=0.018) in the lower?middle class group, 2.67 (p=0.021) in the low conversation group, and 2.77 (p=0.000) in the group fearing the visit to the dental clinic. Benefit was 3.36 (p=0.000) in the high conversation group, and 3.37 (p=0.0l5) in the group visiting the dental clinic for prevention. salience was 3.26 for beverage and 3.20 (p=0.003) for fruit and vegetable. 3. As to oral health practice according to general characteristics, the score of oral health practice was 3.21 (p=0.000) in female students, 3.30 (p=0.000) in those aged 12 or below, and 3.27 (p=0.000) in 1st?year students. 4. As to oral health practice according to factors related to oral health, the point was 3.17 (p=0.002) in the middle upper class group, 3.24 (p=0.001) in the group eating mainly fruit or vegetable, and 3.18 (p=0.030) in those with experience in education. 5. Oral health practice was in a negative correlation with susceptibility (r=-0.143), and in a positive correlation with benefit (r=0.229) and salience (r=0.286).

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RELATING GALOIS POINTS TO WEAK GALOIS WEIERSTRASS POINTS THROUGH DOUBLE COVERINGS OF CURVES

  • Komeda, Jiryo;Takahashi, Takeshi
    • Journal of the Korean Mathematical Society
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    • v.54 no.1
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    • pp.69-86
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    • 2017
  • The point $P{\in}{\mathbb{P}}^2$ is referred to as a Galois point for a nonsingular plane algebraic curve C if the projection ${\pi}_P:C{\rightarrow}{\mathbb{P}}^1$ from P is a Galois covering. In contrast, the point $P^{\prime}{\in}C^{\prime}$ is referred to as a weak Galois Weierstrass point of a nonsingular algebraic curve C' if P' is a Weierstrass point of C' and a total ramification point of some Galois covering $f:C^{\prime}{\rightarrow}{\mathbb{P}}^1$. In this paper, we discuss the following phenomena. For a nonsingular plane curve C with a Galois point P and a double covering ${\varphi}:C{\rightarrow}C^{\prime}$, if there exists a common ramification point of ${\pi}_P$ and ${\varphi}$, then there exists a weak Galois Weierstrass point $P^{\prime}{\in}C^{\prime}$ with its Weierstrass semigroup such that H(P') = or , which is a semigroup generated by two positive integers r and 2r + 1 or 2r - 1, such that P' is a branch point of ${\varphi}$. Conversely, for a weak Galois Weierstrass point $P^{\prime}{\in}C^{\prime}$ with H(P') = or , there exists a nonsingular plane curve C with a Galois point P and a double covering ${\varphi}:C{\rightarrow}C^{\prime}$ such that P' is a branch point of ${\varphi}$.

Bernoulli and Euler Polynomials in Two Variables

  • Claudio Pita-Ruiz
    • Kyungpook Mathematical Journal
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    • v.64 no.1
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    • pp.133-159
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    • 2024
  • In a previous work we studied generalized Stirling numbers of the second kind S(a2,b2,p2)a1,b1 (p1, k), where a1, a2, b1, b2 are given complex numbers, a1, a2 ≠ 0, and p1, p2 are non-negative integers given. In this work we use these generalized Stirling numbers to define Bernoulli polynomials in two variables Bp1,p2 (x1, x2), and Euler polynomials in two variables Ep1p2 (x1, x2). By using results for S(1,x2,p2)1,x1 (p1, k), we obtain generalizations, to the bivariate case, of some well-known properties from the standard case, as addition formulas, difference equations and sums of powers. We obtain some identities for bivariate Bernoulli and Euler polynomials, and some generalizations, to the bivariate case, of several known identities for Bernoulli and Euler numbers and polynomials of the standard case.

Capnographic Monitoring of End-Tidal Partial Pressure of Carbon Dioxide in Anesthetized Cinereous vultures (Aegypius monachus) (독수리(Aegypius monachus)의 흡입마취에서 Capnography를 이용한 호기말 이산화탄소분압 모니터링)

  • Park, Won-Kyu;Seok, Seong-Hoon;Park, Se-Jin;Lee, Seung-Yong;Kim, Young-Ki;Hwang, Jae-Min;Jeong, Dong-Hyuk;Lee, Hee-Chun;Yeon, Seong-Chan
    • Journal of Veterinary Clinics
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    • v.32 no.4
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    • pp.380-384
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    • 2015
  • The relationships between end-tidal partial pressure of carbon dioxide ($P_{ET}CO_2$) and arterial partial pressure of carbon dioxide ($P_aCO_2$), and between $P_{ET}CO_2$ and blood pH in isoflurane-anesthetized cinereous vultures were evaluated. Nine cinereous vultures (weighing 7.3-9.5 kg) were anesthetized via mask with isoflurane, intubated, and connected to a mechanical ventilator. By mechanical ventilator, respiratory rate was altered to achieve a $P_{ET}CO_2$ randomly selected among 30 to 35 mmHg. $P_aCO_2$ and blood pH were determined in serial arterial samples and compared with concurrent $P_{ET}CO_2$ measured with a sidestream capnography. Thirty six samples, nine cinereous vultures were tested 4 times each, were used to determine correlations coefficients between $P_aCO_2$ and $P_{ET}CO_2$, and between $P_{ET}CO_2$ and blood pH. Strong correlations were observed between $P_aCO_2$ and $P_{ET}CO_2$ (r = 0.951, P = 0.000, y = 1.679x - 30.236, $R^2=0.905$) as well as between $P_{ET}CO_2$ and blood pH (r = -0.728, P = 0.000, y = -0.024x + 8.389, $R^2=0.530$) with Pearson's correlation coefficient and simple linear regression. These results suggest that the capnography used provided a sufficiently accurate estimation of $P_aCO_2$ and blood pH. Thus, the monitoring of $P_{ET}CO_2$ can be useful method to prevent hypoventilation for cinereous vultures receiving mechanical ventilation.

A Structure of Realtime IPTV Service using Peer-to-Peer Technology (P2P 기술 기반 실시간 IPTV 서비스 구현 구조)

  • Kim, Jae-Hyuk;Kim, Young-Han
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.35 no.3B
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    • pp.517-525
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    • 2010
  • The IPTV Service provides various interactive services beyond the level of being able to substitute cable TV. The IPTV system is to be decentralized gradually in which one server conducts all tasks. Primarily, deliberation of media needs to be changed into a system in which relayer and peer from the central server is utilized. Secondarily, the way of controling IPTV network need to be decentralized. Unlike the current client-server system, P2P(Peer To Peer), the main technology of decentralized IPTV is able to provide a service by cooperation of each node. Dealing with live streaming IPTV system which is based on the P2P protocol, this paper design the pure P2P IPTV structure and does verify the performance of P2P IPTV structure by realizing real system.