• Journal of Korean Institute of Industrial Engineers
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• v.29 no.1
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• pp.14-20
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• 2003

The purpose of this paper is an attempt to analyze the dynamic relationship between KSE and KOSDAQ, two competing markets in Korean stock market, in the viewpoint of competition. Lotka-Volterra model, one of well-known competitive diffusion model, is adopted to represent the competitive situations of Korean stock market and it is estimated using daily empirical index data of KSE and KOSDAQ during 1997~2001. The results show that there existed a predator-prey relationship between two markets in which KSE acted as a predator right after the emergence of KOSDAQ. This interaction was altered to a symbiotic relationship and finally to the pure competition relationship. We also perform an equilibrium analysis of the estimated Lotka-Volterra equations and, as a result, it is found that there is a market index equilibrium point that would be stable in the latest relationship.

• Journal of the Korean Mathematical Society
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• v.58 no.1
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• pp.45-67
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• 2021

In this paper, a mathematical dynamical system involving both deterministic (with or without delay) and stochastic "SIR" epidemic model with nonlinear incidence rate in a continuous reactor is considered. A profound qualitative analysis is given. It is proved that, for both deterministic models, if ��d > 1, then the endemic equilibrium is globally asymptotically stable. However, if ��d ≤ 1, then the disease-free equilibrium is globally asymptotically stable. Concerning the stochastic model, the Feller's test combined with the canonical probability method were used in order to conclude on the long-time dynamics of the stochastic model. The results improve and extend the results obtained for the deterministic model in its both forms. It is proved that if ��s > 1, the disease is stochastically permanent with full probability. However, if ��s ≤ 1, then the disease dies out with full probability. Finally, some numerical tests are done in order to validate the obtained results.

• 한국방재학회:학술대회논문집
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• 2008.02a
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• pp.561-564
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• 2008

Rock slope had been slope failure due to geological and physical things over time. In this paper, it discusses rock slope stability analysis which was concerned about additional slope failure located near the Andong-si. Initially, achieved basic geological investigation and field test about rock slope, examine the stability of rock slope by doing limit equilibrium method and stereographic projection about 5 slopes.

• Journal of the Korean Geotechnical Society
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• v.15 no.5
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• pp.19-28
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• 1999

In this paper, an application of finite element procedure for the analysis of slope failure behavior has been studied. The most widely accepted methods in analyzing the slope stability problems are mostly based on limit equilibrium method. And the finite element method is widely accepted to analyze stress and displacements. This paper shows how the factor of safety calculated in the finite element method can be systematically incorporated into slope stability. In analyzing the slope failure behavior by finite element method, the effects of computational method and the results have been discussed. And several computations of slope stabilities were carried out to compare the finite element analysis results with those obtained by methods of slices based on the limit equilibrium analysis.

• The Journal of Fisheries Business Administration
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• v.48 no.2
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• pp.1-17
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• 2017

This work studies the variability of flatfish sales revenue. The theoretical analysis draws functions for equilibrium price and quantity using expectation hypotheses. The functions include unpredictable phenomenon with dummy variable and GARCH. The equilibrium function, using adaptive expectation hypothesis, contains the independent variables of supply and demand, while the equilibrium function, embodying rational expectation hypothesis, includes only the independent variables of supply side, because the demand side disappears by the information extraction process theoretically, if economic subjects build the expectation rational. The empirical analysis shows: the variability of flatfish production has a spillover effect on the variability of revenue with the adaptive expectation hypothesis. In the case when the model has a rational expectation hypothesis, the variability of flatfish production has a spillover effect on the revenue (the mean equation of GARCH model). This study indicates that there is the variability in flatfish production and sales revenue, and the spillover effect between them. The result can help to build of the rational system for the fishery income stability.

• Journal of Korean Society of Steel Construction
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• v.13 no.6
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• pp.661-672
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• 2001

The present study is concerned with the arc-length method in the investigation of the large deflection behavior of spatial structures with composite materials. This study should be able to trace the main equilibrium path by automatically varying the arc-length size of individual solution steps with the variation of the curvature of the nonlinear equilibrium path. A quasi-elastic method is used for the solution for viscoelastic analysis of the reticulated spatial structures. Elastic modulus of composite materials is defined by micro mechanical materials modeling method and nonlinear equilibrium path is traced with various load types. To demonstrate the effectiveness of the present strategies, numerical examples of reticulated spatial truss is given and compared with solutions using other methods.

• Geomechanics and Engineering
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• v.34 no.2
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• pp.187-195
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• 2023

Intensive rainfall during the summer season in Korea has triggered numerous devastating landslides outside of downtown in mountainous areas. The 2D slope stability analysis that is generally used for cut slopes and embankments is inadequate to model slope failure in mountainous areas. This paper presents a new 3D slope stability formulation using the global sliding vector in the limit equilibrium method, and it uses an ellipsoidal slip surface for static and quasi-static analyses. The slip surface's flexibility of the ellipsoid shape gives a lower FS than the spherical failure shape in the Fellenius, Bishop, and Janbu's simplified methods. The increasing sub-columns of each column tend to increase the FS and converge to a steady value. The symmetrical geometric conditions of the convex turning corners do not indicate symmetrical failure of the surface in 3D analysis. Pseudo-static analysis shows that the horizontal seismic force decreases the FS and increases the mass volume at the critical failure state. The stability index takes the FS and corresponding sliding mass into consideration to assess the potential risk of slope failure in complex mountainous terrain. It is a valuable parameter for selecting a vulnerable area and evaluating the overall risk of slope failure.

• The Journal of shipping and logistics
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• v.35 no.1
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• pp.93-109
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• 2019

This study applied the statistically significant factors to the short-run model in the existing nonlinear long-run equilibrium relation analysis for the forecasting of maritime economy using the mixed cycle model. The most common univariate AR(1) model and out-of-sample forecasting are compared with the root mean squared forecasting error from the mixed-frequency model, and the prediction power of the mixed-frequency approach is confirmed to be better than the AR(1) model. The empirical results from the analysis suggest that the new approach of high-level mixed frequency model is a useful for forecasting marine industry. It is consistent that the inclusion of more information, such as higher frequency, in the analysis of long-run equilibrium framework is likely to improve the forecasting power of short-run models in multivariate time series analysis.

• Journal of Korean Institute of Industrial Engineers
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• v.31 no.4
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• pp.277-288
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• 2005

The proliferation of the internet technologies and applications has intensified business activities on the Internet. This study considered the price competition between two shopping channels, one on-line seller and the other traditional off-line retailer. Based on the Hotelling's linear market model, we derive the Nash and Stackelberg equilibria as a function of the cost parameters which represent the characteristics of the online and off-line channels. By analyzing the equilibrium solutions, the following significant findings were obtained. First, pricing by Stackelberg equilibrium always outperformed that of Nash equilibrium. However the value of the cost parameters played a crucial role in determining both channels' preferred position (price leader or follower). Second, the online seller could benefit more in terms of profit by lowering its efficiency when its efficiency belongs to a certain interval. Third, when the online seller's efficiency is low, lowering its delivery cost has no contribution to its profit. To benefit more from lowering its delivery cost, increasing its channel efficiency to a certain level should be preceded.

• Transactions of the Korean Society of Mechanical Engineers B
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• v.26 no.10
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• pp.1427-1435
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• 2002

The main aim of the present article is numerically to investigate the micro-scale heat transfer phenomena in a silicon microstructure irradiated by picosecond-to-femtosecond ultra-short laser pulses. Carrier-lattice non-equilibrium phenomena are simulated with a self-consistent numerical model based on Boltzmann transport theory to obtain the spatial and temporal evolutions of the lattice temperature, the carrier number density and its temperature. Especially, an equilibration time, after which carrier and lattice are in equilibrium, is newly introduced to quantify the time duration of non-equilibrium state. Significant increase in carrier temperature is observed for a few picosecond pulse laser, while the lattice temperature rise is relatively small with decreasing laser pulse width. It is also found that the laser fluence significantly affects the N 3 decaying rate of Auger recombination, the carrier temperature exhibits two peaks as a function of time due to Auger heating as well as direct laser heating of the carriers, and finally both laser fluence and pulse width play an important role in controlling the duration time of non-equilibrium between carrier and lattice.