• Communications for Statistical Applications and Methods
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• v.24 no.3
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• pp.211-226
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• 2017

The chain-ladder method, for which run-off data is employed is popularly used in the rate-adjustment and loss-reserving practices of non-life-insurance and health-insurance companies. The method is applicable when the underlying assumption of a consistent development pattern is in regards to a cumulative loss payment after the occurrence of an insurance event. In this study, a modified chain-ladder algorithm is proposed for when the assumption is considered to be only partially appropriate for the given run-off data. The concept of a structural-change point in the run-off data and its reflection in the estimation of unpaid loss amounts are discussed with numerical illustrations. Experience data from private health insurance coverage in Korea were analyzed based on the suggested method. The performance in estimation of loss reserve was also compared with traditional approaches. We present evidence in this paper that shows that a reflection of a structural-change point in the chain-ladder method can improve the risk management of the relevant insurance products. The suggested method is expected to be utilized easily in actuarial practice as the algorithm is straightforward.

• Journal of the Korean Data and Information Science Society
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• v.19 no.4
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• pp.1419-1427
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• 2008

This paper shows the kernel Poisson regression which can be applied in the claims reserving, where the row effect is assumed to be a nonlinear function of the row index. The paper concentrates on the chain-ladder technique, within the framework of the chain-ladder linear model. It is shown that the proposed method can provide better reserve estimates than the Poisson model. The cross validation function is introduced to choose optimal hyper-parameters in the procedure. Experimental results are then presented which indicate the performance of the proposed model.

• Communications for Statistical Applications and Methods
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• v.15 no.4
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• pp.551-562
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• 2008

The loss reserve is defined as a provision for an insurer's liability for claims or an insurer's estimate of the amount an individual claim will ultimately cost. For the estimation of the loss reserve, the data which make up the claims in general is represented as run-off triangle. The chain ladder method has known as the most representative one in the estimation of loss reserves based on such run-off triangular data. However, this fails to capture change point in trend. In order to test of structural changes of development factors, we will present the test statistics and procedures. A real data analysis will also be provided.

• International journal of advanced smart convergence
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• v.7 no.1
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• pp.7-14
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• 2018

In this paper, we derive a transfer function of cross-coupled microwave filter systems by using a characteristics of chain matrices. Depending on the lumped element of capacitor or inductor, the cross-coupled system is negatively- or positively system. We used a ladder network as a starting system composed of several subsystems connected in chain. Each subsystem is descrived by Laplace impedance. By solving the transmission zero characteristic equation derived from the cascaded subsystems, we can find the zeros of filter system with externally cross-coupled lumped elements. With the cross-coupled elements of capacitors, the numerator polynomial of system transfer function is used to locate the quadruplet zeros in complex plane. We show the polynomoials of numerator and denominator of cascaded transfer function, obtaining the zeros of the cross-coupled system.

• Communications for Statistical Applications and Methods
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• v.30 no.2
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• pp.163-178
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• 2023

GARCH-X(1, 1) model specifies that conditional variance follows an AR(1) process and includes a past exogenous variable. This study proposes a new class from that model by allowing a more general (non-linear) variance function to follow an AR(1) process. The functions applied to the variance equation include exponential, Tukey's ladder, and Yeo-Johnson transformations. In the framework of normal and student-t distributions for return errors, the empirical analysis focuses on two stock indices data in developed countries (FTSE100 and SP500) over the daily period from January 2000 to December 2020. This study uses 10-minute realized volatility as the exogenous component. The parameters of considered models are estimated using the adaptive random walk metropolis method in the Monte Carlo Markov chain algorithm and implemented in the Matlab program. The 95% highest posterior density intervals show that the three transformations are significant for the GARCHX(1, 1) model. In general, based on the Akaike information criterion, the GARCH-X(1, 1) model that has return errors with student-t distribution and variance transformed by Tukey's ladder function provides the best data fit. In forecasting value-at-risk with the 95% confidence level, the Christoffersen's independence test suggest that non-linear models is the most suitable for modeling return data, especially model with the Tukey's ladder transformation.

• International Journal of Internet, Broadcasting and Communication
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• v.6 no.1
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• pp.9-12
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• 2014

We present a mathematical method for calculation of transmission zero locations, determining a filtering characteristics of two-port systems. By adjusting element values based on the zero locations, the frequency-selectivity is characterized. The characteristic polynomial of ladder networks in externally-loaded feed-forward systems is considered by adopting chain matrices for subsystems. This method can be extended to other types of lumped systems with cross-coupled sections. We find out the zeros by solving characteristics polynomials of closed-form expressions in terms of Laplace impedances of elements. The pairs of complex zeros are shown to be solely from the cross-coupled portion of the system.

• Journal of Veterinary Science
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• v.23 no.4
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• pp.51.1-51.10
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• 2022

Background: Due to the unavailability of an effective vaccine or antiviral drug against the African swine fever virus (ASFV), rapid diagnosis methods are needed to prevent highly contagious African swine fever. Objectives: The objective of this study was to establish the ladder-shape melting temperature isothermal amplification (LMTIA) assay for the detection of ASFV. Methods: LMTIA primers were designed with the p72 gene of ASFV as the target, and plasmid pUC57 was used to clone the gene. The LMTIA reaction system was optimized with the plasmid as the positive control, and the performance of the LMTIA assay was compared with that of the commercial real-time polymerase chain reaction (PCR) kit in terms of sensitivity and detection rate using 200 serum samples. Results: Our results showed that the LMTIA assay could detect the 10⁴ dilution of DNA extracted from the positive reference serum sample, which was the same as that of the commercial real-time PCR kit. The coincidence rate between the two assays was 100%. Conclusions: The LMTIA assay had high sensitivity, good detection, and simple operation. Thus, it is suitable for facilitating preliminary and cost-effective surveillance for the prevention and control of ASFV.

• Journal of the Korean Institute of Telematics and Electronics B
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• v.31B no.8
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• pp.20-30
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• 1994

The lossless bounded real(LBR) two-pair cascade structure is one of the exiting low-sensitivity digital filter structures such as wave digital filters(WDFs) orthogonal filters. They are known to have the same structures which are composed of canonic building blocks interconnected to each other. The LBR two-pair cascade filters amount to describing in a unified manner the existing canonic low-sensitivity filters in terms of transfer matrices and chain matrices. However the existing structures have somewhat degraded low-sensitivity performance because they include dependent parameters within their structures. In this paper we propose a filter structure called “two-type-interlaced(TTI) structure.” eliminating such problem completely. This structures can be viewed as the WDFs of analog ladder circuits. As ladder circuits are obtained by cascading Brune sections and merging neighboring inductors or capacitors. so TTI structures at e obtained by cascading Type 3 LBR two-pairs and merging neighboring Type 1 LBR two-pairs. Next, a test procedure called “LBR test” is also presented in this paper. which determines whether of not the quantized TTI structure is stable . If it is unstable we can fine-tune the quantized parameters to make the overall structure stable. Therefore we can solve the dependent parameter problem completely with TTI structure along with LBR test. test.

• Journal of the Korean Society of Safety
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• v.36 no.3
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• pp.50-59
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• 2021

The main purpose of accident analysis is to identify the causal factors and the mechanisms of those factors leading to the accident. However, current accident analysis techniques focus only on finding the factors related to the accident without providing more insightful results, such as structures or mechanisms. For this reason, preventive actions for safety management are concentrated on the elimination of causal factors rather than blocking the connection or chain of accident processes. This greatly reduces the effectiveness of safety management in practice. In the present study, a technique to model the correlational structure of accident risk factors is proposed by using the co-occurrence keyword network analysis technique. To investigate the effectiveness of the proposed technique, a case study involving a portable ladder fall accident is conducted. The results indicate that the proposed technique can construct the correlational structure model of the risk factors of a portable ladder fall accident. This proves the effectiveness of the proposed technique in modeling the correlational structure of accident risk factors.

• International journal of advanced smart convergence
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• v.6 no.4
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• pp.33-40
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• 2017

In this paper, complex quadruplet zeros of microwave filter systems are investigated. For the cascaded systems the chain matrices are most conveniently used to derive the voltage transfer function of Laplace transform with cascaded two-port subsystems. The convenient relations of transfer function and chain matrix are used in order to find the transmission zeros. Starting from a ladder network, we introduced a crossed-coupled lumped element, in order to show the improved response of bandpass filter. By solving the transmission zero characteristic equation derived from the cascaded subsystems, we found the zeros of filter system with externally cross-coupled lumped elements. With the cross-coupled elements of capacitors, the numerator polynomial of system transfer function is used to locate the quadruplet zeros in complex plane. When the two pairs of double are on the zeros -axis, with the perturbed values of element, we learned that the transition band of lowpass filter is improved. By solving the characteristic equation of cascaded transfer function, we can obtain the zeros of the cross-coupled filter system, as a result of perturbed values on lumped element.