• Journal of the Korean Society for Library and Information Science
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• v.41 no.2
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• pp.277-289
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• 2007

International book fairs are business enterprise to promote and facilitate international trade of copyright. National reading improvement policies, on the other hand, are supposed to be made to maximize the role of national and regional libraries, not just to boost publication industry. However, Korean government authorities of the reading improvement policies and the Organizing Committee of the Seoul International Book Fair have mapped out and, in effect, carried out their plans as if reading improvement policies are closely related to hosting international book fairs. It is important to realize that hosting book fair has pecuniary motives while making policies for reading improvement must be feared toward the betterment of the general public by reading. In this respect, this study has attempted to point out the problems of the Seoul International Book Fair that are regarded as to relate to reading improvement.

• The Korean Publising Journal, Monthly
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• s.329
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• pp.166-166
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• 2003

• 프린팅코리아
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• s.12
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• pp.44-45
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• 2003

• Journal of the Korean Mathematical Society
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• v.59 no.6
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• pp.1185-1201
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• 2022

Feller introduced an unfair-fair-game in his famous book [3]. In this game, at each trial, player will win 2^k yuan with probability p_k = 1/2^kk(k + 1), k ∈ ℕ, and zero yuan with probability p₀ = 1 - Σ^∞_k=1 p_k. Because the expected gain is 1, player must pay one yuan as the entrance fee for each trial. Although this game seemed "fair", Feller [2] proved that when the total trial number n is large enough, player will loss n yuan with its probability approximate 1. So it's an "unfair" game. In this paper, we study in depth its convergence in probability, almost sure convergence and convergence in distribution. Furthermore, we try to take 2^k = m to reduce the values of random variables and their corresponding probabilities at the same time, thus a new probability model is introduced, which is called as the related model of Feller's unfair-fair-game. We find out that this new model follows a long-tailed distribution. We obtain its weak law of large numbers, strong law of large numbers and central limit theorem. These results show that their probability limit behaviours of these two models are quite different.

• Journal of Korean Library and Information Science Society
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• v.47 no.4
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• pp.385-409
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• 2016

This study is to examine the effect of book festivals on personal reading habituation and library revitalization. The survey of participants of book festivals is conducted. As a result, it appears that participation of book festivals has a impact on personal reading habituation and recognition of and using library. The followings are results of this survey: recognition of participants about book festivals has a impact on personal reading habituation and recognition of library and using library, but the effect(2.1~4.7%) is slight; Satisfaction of book fair(display and selling booths) has a impact on personal reading habituation(30.1%); Satisfaction of experience booths has a impact on recognition of library(22.4%) and using library(26.4%); Satisfaction of participating in book festivals also has a impact on participant's reading habituation(24.5%), recognition of library(20.1%) and using library(27.5%).

• The Journal of Korean Institute of Communications and Information Sciences
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• v.40 no.8
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• pp.1469-1476
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• 2015

We propose a beam selection algorithm that improves inter sector SIR using a code-book of a circular array antenna in multi-sector wireless mesh network environments. The proposed method improves SIR using a combination of fed back code-book and guarantees QoS of all nodes. Computer simulation exhibits the proposed scheme demonstrates 4.42dB higher SIR than that of the conventional code-book method, QoS with proportional fair is improved by 1.70dB and fact that all nodes are satisfied Qos is also shown.

• Journal of Information Management
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• v.41 no.2
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• pp.133-159
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• 2010

Books in libraries can be highly refined information. Google invests digitization of books in libraries. But the digitization of books that has a variety of interests, coupled with several problems, including class action, in addition the many critical discussions are underway. Korea pushed the national digitization projects, what are libraries' digitizing their collection of many books. Of course, in publishing and digitization of the target is limited to books published ahead of Google. However, the Library Act was amended for the reposition of online materials, but only in the ways that Google's case is different. Library Act permits collection of online resources through the library to allow, the legislation can be considered as leading act. However, online data is publicly not available through the Internet, so this service hae limited means and range unlike Google. This paper, the digitization of books in the library due to copyright, examines the legal issues looking for the desirable solution. Physical library's main role had been kept the book, but we use the book in terms of policies needed to consider. To overcome these limitations of Copyright Act, this paper researches the relation of Google Book Search in our Copyright Act, and considers introduction as the fair use doctrine and the digital repository system.

• Management & Information Systems Review
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• v.29 no.4
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• pp.1-22
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• 2010

There have been arguments in Korea that fair value accounting system improves quality of accounting information through the asset revaluation. These arguments are based on the fact that investors prefer fair value to cost value information. Others argue that cost principles may offer more proper information to the investors because financial statements applied the cost principles are more objective and thus more reliable. Prior researches focused mainly on the motives of asset revaluation but I examined the effects of the tangible asset revaluation on the stock prices. The empirical findings indicate that : (1) the gains on the tangible asset revaluation are positively correlated with the stock prices; (2) the net book values applied the cost principles explain stock prices better than the net book values applied fair values. My findings suggest that the gains on the tangible asset revaluation constitute a part of the firms' values but the accounting informations measured fair value are not always useful to the investors in the capital market.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.66
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• pp.149-170
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• 2015

State's compensation obligation accompanied in case of indirect expropriation of foreign investor's investment asset has been established definite principle under international investment law. But the concrete and unified application criterion regarding valuation methods for measuring compensation have not been established yet. The World Bank investment guideline is adopting the Hull's Formula, which is understood as the full compensation standard with prompt adequate effective compensation and Fair Market Value method. It is a general principle that compensation should be equal to the fair market value of investment asset just before indirect expropriation date. However, there is a problem of the valuation method of fair market value of investment asset. In general, discounted cash flow, liquidation value, replacement value, book value, etc. can be the applicable standards. Arbitral tribunals determine compensation by adopting proper valuation method on a case-by-case basis according to the discretion based on the arbitration parties' experts' review on the presented opinion and by considering fact relevance of the issued dispute. This compensation includes also interest, recently it tends to award according to compound interest rather than simple interest. Beginning of the period to generate interest is the next day of the indirect expropriation occurrence date. And it should be considered that interest until the payment of compensation is also included. In addition, it should be considered that mental damages is available only when there's a basis to prove this or special case. Therefore, this study suggests to review of precedents related to indirect expropriation and concretely specify compensation valuation standard and method of indirect expropriation on investment agreements through enough consultation beforehand.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.1
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• pp.237-246
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• 2021

This paper explores the relationship between price mechanism and flipping activity of initial public offerings (IPOs) in Pakistan's emerging economy. This study uses a cross-sectional data set of 95 firms listed on Pakistan Stock Exchange from 2000 to 2019. This study employs the ordinary least square and quantile regression techniques to capture the relationship between price mechanism and flipping activity. The results show that book-built IPOs flip substantially less than fixed-price IPOs. This is consistent with the signaling theory assertion that roadshows are arranged by underwriters to capture investors' demand and set the offer prices of IPOs. If investors learn the fair values of quality IPOs, then the offer prices will be close to the intrinsic values, thus reducing flipping. The findings also provide conclusive evidence for understanding the usefulness of and the more relevant information regarding the pricing mechanism. In particular, it provides a better understanding of how companies actually use the pricing mechanism information in the flipping of IPO shares. The results of this study are also valuable to underwriters, and regulators, for instance, provides underwriters with the discretion to allocate the IPO shares and the SECP, in revising regulation on the disclosure of IPO pricing methods.