• Title/Summary/Keyword: demand curve approach

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The Economic Valuation of Ecosystem Restoration in Suncheon Bay (순천만 생태복원에 따른 경제적 가치 평가)

  • Hwang, Minsup;Lee, Myung Kyoon;Jung, Tae Yong
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.17 no.4
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    • pp.69-79
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    • 2014
  • Coastal wetlands are among the most productive biomes in the Earth. The economic values include the direct use of a coastal wetland's ecosystem services, such as food, raw materials, recreation, and tourism. Other values comprise the indirect use of a coastal wetland's ecosystem services, such as carbon sequestration, waste-water treatment, and erosion prevention. In particular, Suncheon Bay is recently attracting attention as the most successful case of the preservation and restoration. This study applies Travel Cost Method (TCM) to estimate the economic value by drawing the demand curve for trips to Suncheon Bay. The TCM is an approach used for economic valuation of non-market goods and services. Based on the results of TCM, this study shows that the economic benefit from recreational uses of the site adds up to \174.7 billion per year. It is also significant in the sense that monetary information is suggested to help local policy makers evaluate the realistic values of coastal wetlands.

Seismic demand estimation of RC frame buildings based on simplified and nonlinear dynamic analyses

  • Borzi, B.;Vona, M.;Masi, A.;Pinho, R.;Pola, D.
    • Earthquakes and Structures
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    • v.4 no.2
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    • pp.157-179
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    • 2013
  • Vulnerability studies on the existing building stock require that a large number of buildings is analyzed to obtain statistically significant evaluations of the seismic performance. Therefore, analytical evaluation methods need to be based on simplified methodologies of analysis which can afford the treatment of a large building population with a reasonable computational effort. Simplified Pushover-Based Earthquake Loss Assessment approach (SP-BELA), where a simplified methodology to identify the structural capacity of the building through the definition of a pushover curve is adopted, was developed on these bases. Main objective of the research work presented in this paper is to validate the simplified methodology implemented in SP-BELA against the results of more sophisticated nonlinear dynamic analyses (NLDAs). The comparison is performed for RC buildings designed only to vertical loads, representative of the "as built" in Italy and in Mediterranean countries with a building stock very similar to the Italian one. In NLDAs the non linear and degrading behaviour, typical of the structures under consideration when subjected to high seismic loads, is evaluated using models able to capture, with adequate accuracy, the non linear behaviour of RC structural elements taking into account stiffness degradation, strength deterioration, and pinching effect. Results show when simplified analyses are in good agreement with NLDAs. As a consequence, unsatisfactory results from simplified analysis are pointed out to address their current applicability limits.

Finite Element Analysis and Experiments of Milli-Part Forming of Strip Bending Using Grain Element (입자요소계를 이용한 유한요소 해석)

  • Ku T.W.;Kim D.J.;Kang B.S.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2002.02a
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    • pp.266-273
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    • 2002
  • Milli-structure components are classified as a component group whose size is between macro and micro scales, that is, about less than 20mm and larger than 1mm. The bending of these components of thin sheets has a typical phenomenon of bulk deformation because of the forming size. The recent trend towards miniaturization causes an increased demand for parts with very small dimensions. The conceptual miniature bending process enables the production of such parts with high productivity and accuracy. The stress values of the flow curve decrease with miniaturization, which means that coarse grained materials show a higher resistance against deformation, when the grain size is in the range of the sheet thickness. In this paper, a new numerical approach is proposed to simulate intergranular milli-structure in forming by the finite element method. The grain element and grain boundary element are introduced to simulate the milli-structure of strip in the bending. The grain element is used to analyze the deformation of individual grain while the grain boundary element is for the investigation on the movement of the grain boundary. Also, the result of the finite element analysis is confirmed by a series of milli-sized forming experiments.

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A novel risk assessment approach for data center structures

  • Cicek, Kubilay;Sari, Ali
    • Earthquakes and Structures
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    • v.19 no.6
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    • pp.471-484
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    • 2020
  • Previous earthquakes show that, structural safety evaluations should include the evaluation of nonstructural components. Failure of nonstructural components can affect the operational capacity of critical facilities, such as hospitals and fire stations, which can cause an increase in number of deaths. Additionally, failure of nonstructural components may result in economic, architectural, and historical losses of community. Accelerations and random vibrations must be under the predefined limitations in structures with high technological equipment, data centers in this case. Failure of server equipment and anchored server racks are investigated in this study. A probabilistic study is completed for a low-rise rigid sample structure. The structure is investigated in two versions, (i) conventional fixed-based structure and (ii) with a base isolation system. Seismic hazard assessment is completed for the selected site. Monte Carlo simulations are generated with selected parameters. Uncertainties in both structural parameters and mechanical properties of isolation system are included in simulations. Anchorage failure and vibration failures are investigated. Different methods to generate fragility curves are used. The site-specific annual hazard curve is used to generate risk curves for two different structures. A risk matrix is proposed for the design of data centers. Results show that base isolation systems reduce the failure probability significantly in higher floors. It was also understood that, base isolation systems are highly sensitive to earthquake characteristics rather than variability in structural and mechanical properties, in terms of accelerations. Another outcome is that code-provided anchorage failure limitations are more vulnerable than the random vibration failure limitations of server equipment.

Assessment of collapse safety margin for DDBD and FBD-designed RC frame buildings

  • Alimohammadi, Dariush;Abadi, Esmaeel Izadi Zaman
    • Structural Engineering and Mechanics
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    • v.83 no.2
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    • pp.229-244
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    • 2022
  • This paper investigates the seismic performance of buildings designed using DDBD (Direct Displacement based Design) and FBD (Force based Design) approaches from the probabilistic viewpoint. It aims to estimate the collapse capacity of structures and assess the adequacy of seismic design codes. In this regard, (i) IDA (Incremental Dynamic Analysis) curves, (ii) interstory drift demand distribution curves, (iii) fragility curves, and (iv) the methodology provided by FEMA P-695 are applied to examine two groups of RC moment resistant frame buildings: 8-story structures with different plans, to study the effect of different span arrangements; and 3-, 7- and 12-story structures with a fixed plan, to study the dynamic behavior of the buildings. Structural modeling is performed in OpenSees software and validated using the results of an experimental model. It is concluded that increasing the building height would not significantly affect the response estimation of IDA and fragility curves of DDBD-designed structures, while the change in span arrangements is effective in estimating responses. In the investigation of the code adequacy, unlike the FBD approach, the DDBD can satisfy the performance criteria presented in FEMA P-695 and hence provide excellent performance.

Rapid Seismic Vulnerability Assessment Method for Generic Structures (일반 구조물에 대한 신속한 지진 취약성 분석 방법)

  • Jeong, Seong-Hoon;Choi, Sung-Mo;Kim, Kang-Su
    • Journal of the Korea Concrete Institute
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    • v.20 no.1
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    • pp.51-58
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    • 2008
  • Analytical probabilistic vulnerability analysis requires extensive computing effort as a result of the randomness in both input motion and response characteristics. In this study, a new methodology whereby a set of vulnerability curves are derived based on the fundamental response quantities of stiffness, strength and ductility is presented. A response database of coefficients describing lognormal vulnerability relationships is constructed by employing aclosed-form solution for a generalized single-degree-of-freedom system. Once the three fundamental quantities of a wide range of structural systems are defined, the vulnerability curves for various limit states can be derived without recourse to further simulation. Examples of application are given and demonstrate the extreme efficiency of the proposed approach in deriving vulnerability relationships.

Utility Maximization, The Shapes of the Indifference Curve on the Characteristic Space and its Estimation: A Theoretical Approach (개인여객 효용의 극대화 및 운송특성공간상의 무차별곡선의 형태와 그 추정)

  • Kim, Jong-Seok
    • Journal of Korean Society of Transportation
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    • v.27 no.2
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    • pp.157-168
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    • 2009
  • The random utility theory and the multinomial logit model (including a more recent variant--the mixed multinomial logit) derived from it have constituted a back bone for theoretical and empirical analyses of various travel demand features including mode choice. In their empirical applications, however, it is customary to specify random utilities which are linear in modal attributes such as time and cost, and in socio-economic variables. The linearity helps easy derivation of important information such as value of travel time savings by calculating marginal rate of substitution between time and cost. In this paper the author focuses on the very linearity of the random utilities. Taking into account the fact that the mode chooser is also labour supplier, commodity consumer as well as leisure-seeker, the author sets up a maximization model of the traveller, which encompasses various economic activities of the traveller. The author derive from the model the indifference curve defined on the space of modal attributes, time and cost and investigate under what conditions the random utility of the traveller becomes linear. It turns out that there exist the conditions under which the random utility is really linear in modal attributes, but the property does not hold when the traveller has a corner solution on the space of modal attributes, or when the primary utility function of the traveller is directly affected by labour provided and/or the travel time itself. As a corollary of the analysis, a random utility is suggested, approximated up to the second order of the variables involved for empirical studies of the field.

The Devices for Improvement against the Precedents about unfair Transactions in the Security Industries (경비업계에 있어서의 불공정거래의 사례 개선방안)

  • Kim, Tae-Wan
    • Korean Security Journal
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    • no.11
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    • pp.37-60
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    • 2006
  • The area of security service has been maintaining the high growth curve annually by improving security consciousness from increase of the income and the progress of public services's level by the accomplishment in the info-communication field, recently the demand for unmanned security system is extended form commercial purposes into public offices and individual's houses. In addition to, the possible distance of offering services is scheduled to magnify. At the period when security company's influence has been becoming significant, the injustice transaction is the serious factor which obstructs the development of security companies. Therefore, it is urgent thing to devise counterplans to extirpate injustice transactions. There are the legalistic approaches of the breakthroughs against injustice transactions. One thing is settling the standard of the judgment and the other is renovating the provision of injustice transactions. Utilizing the principles of the fair competitions and importing self-obedience programs within the range of trade actions which is permitted by law, acted as the system approach. Moreover, there are such three things which can achieve mutual balances as establishing the range of the permitted action toward business corporations, applying spontaneously the fair competition principles and introducing the system of standard agreements. Gong further, this can establish order of security service areas and control them. Besides, it is possible for every organizations to make and operate the system appropriately by importing the self-observance system.

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Forecasting Substitution and Competition among Previous and New products using Choice-based Diffusion Model with Switching Cost: Focusing on Substitution and Competition among Previous and New Fixed Charged Broadcasting Services (전환 비용이 반영된 선택 기반 확산 모형을 통한 신.구 상품간 대체 및 경쟁 예측: 신.구 유료 방송서비스간 대체 및 경쟁 사례를 중심으로)

  • Koh, Dae-Young;Hwang, Jun-Seok;Oh, Hyun-Seok;Lee, Jong-Su
    • Journal of Global Scholars of Marketing Science
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    • v.18 no.2
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    • pp.223-252
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    • 2008
  • In this study, we attempt to propose a choice-based diffusion model with switching cost, which can be used to forecast the dynamic substitution and competition among previous and new products at both individual-level and aggregate level, especially when market data for new products is insufficient. Additionally, we apply the proposed model to the empirical case of substitution and competition among Analog Cable TV that represents previous fixed charged broadcasting service and Digital Cable TV and Internet Protocol TV (IPTV) that are new ones, verify the validities of our proposed model, and finally derive related empirical implications. For empirical application, we obtained data from survey conducted as follows. Survey was administered by Dongseo Research to 1,000 adults aging from 20 to 60 living in Seoul, Korea, in May of 2007, under the title of 'Demand analysis of next generation fixed interactive broadcasting services'. Conjoint survey modified as follows, was used. First, as the traditional approach in conjoint analysis, we extracted 16 hypothetical alternative cards from the orthogonal design using important attributes and levels of next generation interactive broadcasting services which were determined by previous literature review and experts' comments. Again, we divided 16 conjoint cards into 4 groups, and thus composed 4 choice sets with 4 alternatives each. Therefore, each respondent faces 4 different hypothetical choice situations. In addition to this, we added two ways of modification. First, we asked the respondents to include the status-quo broadcasting services they subscribe to, as another alternative in each choice set. As a result, respondents choose the most preferred alternative among 5 alternatives consisting of 1 alternative with current subscription and 4 hypothetical alternatives in 4 choice sets. Modification of traditional conjoint survey in this way enabled us to estimate the factors related to switching cost or switching threshold in addition to the effects of attributes. Also, by using both revealed preference data(1 alternative with current subscription) and stated preference data (4 hypothetical alternatives), additional advantages in terms of the estimation properties and more conservative and realistic forecast, can be achieved. Second, we asked the respondents to choose the most preferred alternative while considering their expected adoption timing or switching timing. Respondents are asked to report their expected adoption or switching timing among 14 half-year points after the introduction of next generation broadcasting services. As a result, for each respondent, 14 observations with 5 alternatives for each period, are obtained, which results in panel-type data. Finally, this panel-type data consisting of $4{\ast}14{\ast}1000=56000$observations is used for estimation of the individual-level consumer adoption model. From the results obtained by empirical application, in case of forecasting the demand of new products without considering existence of previous product(s) and(or) switching cost factors, it is found that overestimated speed of diffusion at introductory stage or distorted predictions can be obtained, and as such, validities of our proposed model in which both existence of previous products and switching cost factors are properly considered, are verified. Also, it is found that proposed model can produce flexible patterns of market evolution depending on the degree of the effects of consumer preferences for the attributes of the alternatives on individual-level state transition, rather than following S-shaped curve assumed a priori. Empirically, it is found that in various scenarios with diverse combinations of prices, IPTV is more likely to take advantageous positions over Digital Cable TV in obtaining subscribers. Meanwhile, despite inferiorities in many technological attributes, Analog Cable TV, which is regarded as previous product in our analysis, is likely to be substituted by new services gradually rather than abruptly thanks to the advantage in low service charge and existence of high switching cost in fixed charged broadcasting service market.

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