• Journal of the Korean Data and Information Science Society
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• v.25 no.2
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• pp.281-292
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• 2014

As the importance of algorithm trading is getting stronger, researches for artificial intelligence (AI) based trading strategy is also being more important. However, there are not enough studies about using more than two AI methodologies in one trading system. The main aim of this study is development of algorithm trading strategy based on the rough set theory that is one of rule-based AI methodologies. Especially, this study used genetic algorithm for optimizing profit of rough set based strategy rule. The most important contribution of this study is proposing efficient convergence of two different AI methodology in algorithm trading system. Target of purposed trading system is KOPSI200 futures market. In empirical study, we prove that purposed trading system earns significant profit from 2009 to 2012. Moreover, our system is evaluated higher shape ratio than buy-and-hold strategy.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.12 no.5
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• pp.772-772
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• 2001

In this paper, we proposed the image-based 3D ray-tracing indoor propagation model using patch scattering model which can calculate the scattering phenomenon of the indoor structures. A patch scattering model for modeling indoor structures defines a scattering phenomenon by using RCS(Radar Cross Section) about rectangular patch without complex calculation, for example generating image antennas about each indoor structures. RCS is simply defined as a ratio of scattering power to incident power, and we use bistatic PCS which is simplified numerically by Physical Optics. Also, a simple indoor compensation factor is defined as empirical constant from measured data instead of complex numerical expression because basic patch scattering model cannot include important multipath components, so we san use patch scattering model in indoor environment using indoor compensation factor.

• The Journal of Korean Institute of Electromagnetic Engineering and Science
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• v.12 no.5
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• pp.722-733
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• 2001

In this paper, we proposed the image-based 3D ray-tracing indoor propagation model using patch scattering model which can calculate the scattering phenomenon of the indoor structures. A patch scattering model for modeling indoor structures defines a scattering phenomenon by using RCS(Radar Cross Section) about rectangular patch without complex calculation, for example generating image antennas about each indoor structures. RCS is simply defined as a ratio of scattering power to incident power, and we use bistatic PCS which is simplified numerically by Physical Optics. Also, a simple indoor compensation factor is defined as empirical constant from measured data instead of complex numerical expression because basic patch scattering model cannot include important multipath components, so we san use patch scattering model in indoor environment using indoor compensation factor.

• Aerospace Engineering and Technology
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• v.12 no.2
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• pp.48-56
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• 2013

In this paper, the equivalent elastic properties of fiber reinforced plastic laminar are investigated using various homogenization schemes. Although there are several methods for predicting the equivalent elastic properties such as analytical formula or semi-empirical formula, most of them have some limitations or are not much accurate when handling new composite material consisting of various fiber, matrix and fiber-volume fraction ratio. To resolve the issues, computational homogenization scheme is adopted with a representative volume element (RVE) comprised of a set of finite elements. Finally, the equivalent elastic properties are obtained by applying periodic boundary conditions. The obtained results are compared with those by the existing methods and test results. Also its effect on structural analysis results of the composite satellite panel is investigated.

• Earthquakes and Structures
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• v.18 no.1
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• pp.27-44
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• 2020

This work presents a comparison of three performance-based seismic design methods (PBSD) as applied to plane steel frames having eccentric braces (EBFs) and buckling restrained braces (BRBFs). The first method uses equivalent modal damping ratios (ξ_k), referring to an equivalent multi-degree-of-freedom (MDOF) linear system, which retains the mass, the elastic stiffness and responds in the same way as the original non-linear MDOF system. The second method employs modal strength reduction factors (${\bar{q}}_k$) resulting from the corresponding modal damping ratios. Contrary to the behavior factors of code based design methods, both ξ_k and ${\bar{q}}_k$ account for the first few modes of significance and incorporate target deformation metrics like inter-storey drift ratio (IDR) and local ductility as well as structural characteristics like structural natural period, and soil types. Explicit empirical expressions of ξ_k and ${\bar{q}}_k$, recently presented by the present authors elsewhere, are also provided here for reasons of completeness and easy reference. The third method, developed here by the authors, is based on a hybrid force/displacement (HFD) seismic design scheme, since it combines the force-base design (FBD) method with the displacement-based design (DBD) method. According to this method, seismic design is accomplished by using a behavior factor (q_h), empirically expressed in terms of the global ductility of the frame, which takes into account both non-structural and structural deformation metrics. These expressions for q_h are obtained through extensive parametric studies involving non-linear dynamic analysis (NLDA) of 98 frames, subjected to 100 far-fault ground motions that correspond to four soil types of Eurocode 8. Furthermore, these factors can be used in conjunction with an elastic acceleration design spectrum for seismic design purposes. Finally, a comparison among the above three seismic design methods and the Eurocode 8 method is conducted with the aid of non-linear dynamic analyses via representative numerical examples, involving plane steel EBFs and BRBFs.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.35 no.5
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• pp.1051-1059
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• 2015

Wave runup is one of the most important factors affecting the design of coastal structure exposed to wave attack. In this study, two dimensional laboratory tests were conducted under the different random wave conditions and structure configurations to develop a formula to predict runup heights. Rubble-mound structure consisted of tetrapod armour blocks with 1:1.5 and 1:2 slopes. The relative water depths (the ratio of the significant wave height to water depth at the toe) ranged from 0.14 to 0.56. The formula proposed here is applicable to surf similarity parameter ranging from 2 to 6. Runup heights on 1:2 slope were higher than those on 1:1.5 slope. Runup heights were reduced by 5% when the armour layer thickness increased two times.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.3
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• pp.253-268
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• 2020

This study examined the effectiveness of policy measures in a growth management plan by analyzing empirically the influence of regulations and incentives in a non-urban growth management plan of Sejong City using the binomial logistic model. The parcel unit data related development location of Sejong City from 2012 to 2017 was used in the model. The analysis showed that time regulation in the growth management plan has a negative (-) impact on the spread of development, which means it is effective in slowing urban sprawl by lowering the profits of developers. The time regulation applied in Sejong City needs to be used actively in other cities in Korea to prevent urban sprawl. Nevertheless, floor ratio incentives had no influence in inducing development within the growth management area, which means a new incentive policy to meet the local characteristics is needed to strengthen the effectiveness of the growth management plan. This study is meaningful because it attempted an empirical analysis of the effects of the growth management plan at The National Territory Act, and this study could encourage further studies.

• Environmental and Resource Economics Review
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• v.24 no.4
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• pp.709-725
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• 2015

This study is to analyse the relationship between the price and the supply in the farming Olive Flounder's production area market. The data used in this study correspond to daily price and supply quantity covering time period from January 1, 2007 to June 30. 2013. The analysis methods of cointegration and vector error correction model are employed. The empirical results of this study are summarized as follows: First, the price and the supply follow random walks and they are integrated of order 1. Second, the price and the supply are cointegrated. Third, vector error correction model suggests that the relationship between the price change ration and the supply quantity change ratio has negative and feedback effect exists in the long-run, but the disequilibrium between the price and the supply is corrected by the supply quantity. Finally, vector error correction model suggests that the supply quantity leads the price in the short-run. This indicates that the decrease(increase) of the supply quantity results in the increase(decrease) of the price.

• The Korean Journal of Applied Statistics
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• v.25 no.1
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• pp.55-66
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• 2012

Option pricing models using L$\acute{e}$evy processes are suggested as an alternative to the Black-Scholes model since empirical studies showed that the Black-Sholes model could not reflect the movement of underlying assets. In this paper, we investigate whether the Variance Gamma model can reflect the movement of underlying assets in the Korean stock market better than the Black-Scholes model. For this purpose, we estimate parameters and perform likelihood ratio tests using KOSPI 200 data based on the density for the log return and the option pricing formula proposed in Madan et al. (1998). We also calculate some statistics to compare the models and examine if the volatility smile is corrected through regression analysis. The results show that the option price estimated under the Variance Gamma process is closer to the market price than the Black-Scholes price; however, the Variance Gamma model still cannot solve the volatility smile phenomenon.

• Journal of the Korean Society for Library and Information Science
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• v.43 no.4
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• pp.117-137
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• 2009

This study aims to grasp how to understand the difference in return on investment (ROI) or the cost-benefit ratio in forty-two domestic and overseas studies of library valuation, using a meta-analytical review method. Meta-analysis, a quantitative analysis on the findings of previous studies, was conducted to gather the general findings and lessons from prior empirical research. The results of meta-regression analysis indicate that the pattern of findings is consistent with our expectations regarding the effect of benefit scope and per capita GDP included in the ROI figure. This study appears to be the first meta-analytical review conducted on library valuations and the findings provide strong implications for the policy-making process.