• Title/Summary/Keyword: evaluation of alternative

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Modeling the Relationship between Expected Gain and Expected Value

  • Won, Eugene J.S.
    • Asia Marketing Journal
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    • v.18 no.3
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    • pp.47-63
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    • 2016
  • Rational choice theory holds that the alternative with largest expected utility in the choice set should always be chosen. However, it is often observed that an alternative with the largest expected utility is not always chosen while the choice task itself being avoided. Such a choice phenomenon cannot be explained by the traditional expected utility maximization principle. The current study posits shows that such a phenomenon can be attributed to the gap between the expected perceived gain (or loss) and the expected perceived value. This study mathematically analyses the relationship between the expectation of an alternative's gains or losses over the reference point and its expected value, when the perceived gains or losses follow continuous probability distributions. The proposed expected value (EV) function can explain the effects of loss aversion and uncertainty on the evaluation of an alternative based on the prospect theory value function. The proposed function reveals why the expected gain of an alternative should exceed some positive threshold in order for the alternative to be chosen. The model also explains why none of the two equally or similarly attractive options is chosen when they are presented together, but either of them is chosen when presented alone. The EV function and EG-EV curve can extract and visualize the core tenets of the prospect theory more clearly than the value function itself.

Cost-effectiveness Analysis for Clothing Design Improvement Using Ergonomic Methods: Evaluation of Flame-proof Clothing and Design Optimization (의복 개선 설계의 비용 대비 인간공학적 효과 분석: 방연복의 평가 및 최적 설계 도출)

  • Cho, Ja-Young;Jeong, Jung-Rim;Yeon, Soo-Min;Chang, Joon-Ho;You, Hee-Cheon;Kim, Hee-Eun
    • Journal of the Ergonomics Society of Korea
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    • v.27 no.4
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    • pp.45-58
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    • 2008
  • Ergonomic techniques have been required to analyze the effectiveness of functional clothing design improvement in a systematic and analytic manner. The goals of the present study are to: (1) comprehensively and analytically examine the effectiveness of clothing improvement by using the relationship analysis between clothing design components (D) and ergonomic evaluation measures (E) and (2) prove the usefulness of cost-effectiveness analysis for clothing design optimization. The cost effectiveness analysis is comprised of the preliminary evaluation based on expertise and the in-depth evaluation where the D-E relationship analysis is applied. As a result of the cost effectiveness analysis applied to flame-proof clothing, an optimal design was identified by analyzing costs and qualitative/quantitative effects. In the preliminary evaluation, the expected effectiveness of each design alternative on wear efficiency and wear comfort was estimated. In the in-depth evaluation, however, the effectiveness of each design alternative was analyzed by quantitative evaluation in a wearing test using a questionnaire prepared based on the D-E relationship analysis. It was concluded that the D-E relationship analysis and the cost-effectiveness analysis are useful for comprehensive evaluation and optimization of functional clothing design.

Suggestions for Improvement of Performance Assessment according to Achievement Evaluation (성취평가 시행에 따른 수행평가 내실화 방안)

  • Won, Hyo-Heon
    • Journal of Fisheries and Marine Sciences Education
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    • v.26 no.1
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    • pp.203-213
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    • 2014
  • The purpose of this study was to search for the ideal role and performance assessment(PA) in the current school system of Korea, and then to propose some suggestions to improve PA, based on the previous research. The result of the study is presented below. The direction of PA application in school was made to follow the theoretical meaning of PA, to solve the problems related ti its adoption in school, and to help teachers educate students more effectively. The main goal of PA application in term of 'school education' is to help students learn more effectively. That is, the assessment is not only for the evaluation, but also for improving students' learning. PA can be used to assess students' strength and weakness in terms of their academic achievement of various fields of the subject. Also, PA can be used to assess students' academic achievement as an alternative method to the multiple-choice test. Finaly, the results of this study propose some suggestions about how to conduct PA in school to the stakeholders such as educational authorities, schools, teachers, students and parents.

An Analysis of Community Asset Types and Components for a Development of Community Asset Evaluation System (커뮤니티 자산 평가 체계 개발을 위한 커뮤니티 자산 유형 및 구성요소 분석)

  • Yim, Soon Jeong;Lee, Hyo Won
    • Journal of the Korean housing association
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    • v.27 no.3
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    • pp.47-58
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    • 2016
  • The new paradigm of urban regeneration, would promote the comprehensive communal view. Therefore, the community role has become an important and necessary for regeneration of communities. It is necessary for urban regeneration which should be matched with the regional characteristics, to develop an evaluation framework that can objectively and accurately diagnose the status of community; so it can be an integrated prescription. A new alternative, asset-based approach may be an alternative to build the community based on opportunities and strengths, which focuses on community inside and things that community have. In this study, a community asset is defined as the tangible and intangible components in the community. A community asset evaluation system is developed through the content analysis related to previous studies of several researchers who investigated the asset-based approaches. Community assets are classified into seven types: human, social, cultural, natural, physical, economic, and political property. Each type is classified into components and establish as a framework with 3 levels in order to set the indicators which can be measured concretely.

The application of alternative methods for skin irritation evaluation on pesticides (농약에 대한 피부자극성 대체시험법 적용연구)

  • Jeong, Mi-Hye;Kim, Mi-Kyoung;Park, Soo-Jin;You, Are-Sun;Hong, Soon-Sung;Park, Kyung-Hun;Park, Jae-Eup
    • The Korean Journal of Pesticide Science
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    • v.16 no.3
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    • pp.261-266
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    • 2012
  • It is common to use many experiment animals to evaluate the toxicity of chemicals including pesticides. For protecting animal, the concepts of 3R (Reduction, Replacement, Refinement) were introduced and in vitro alternatives methods actively have been developed all over the world. Many experimental animals for toxicological tests have been used, so that it is important to establish the alternative methods. In this study, the alternative method using reconstituted human skin model (Keraskin$^{TM}$) was conducted for classification of skin irritation on pesticides. Sixteen formulations selected on the basis of the degree of irritation were treated by Keraskin$^{TM}$ test. The percent of cell viability was measured into the culture medium collected after treatment of the pesticides for 24-72 hrs. The skin irritations of formulations were evaluated by the cell viability. In this study, The 4 formulations with mild irritation in rabbits were evaluated as nonirritant, the 6 formulations with moderate and severe irritation were evaluated as irritant in human skin model test. We suggest that the alternative test using Keraskin$^{TM}$ model could be used as toxicity evaluation for primary irritation index (P.I.I.) score of greater than or equal to 2.1 of pesticides. The further studies should be required to apply for hazardous assessment of pesticides on alternative skin irritation methods because of the interindividual variability of the sensitivity of skin irritation on pesticides.

Effectiveness Analysis of Alternatives to Rehabilitate the Distorted hydrologic Cycle in the Anyangcheon Watershed using HSPF (HSPF 모형을 이용한 안양천 유역의 물순환 건전화 대안기술 효과분석)

  • Chung, Eun-Sung;Lee, Joon-Seok;Lee, Kil Seong;Kim, Sang-Ug;Kim, Kyung-Tae
    • Journal of Korean Society on Water Environment
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    • v.23 no.6
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    • pp.973-984
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    • 2007
  • This study developed and calculated alternative evaluation index (AEI) from the effectiveness analyses of alternatives for rehabilitation of distorted hydrologic cycle. The feasible alternatives for the poor-conditioned region in the Anyangcheon watershed were proposed and quantitatively analyzed using continuous water quantity/quality simulation model, Hydrological Simulation Program-Fortran (HSPF). The effectiveness analyses include 355th flow and 275th flow of flow duration curve and number of increased days to satisfy the target monthly flow for water quantity and BOD average concentration, total daily loads and number of increased days to satisfy the target concentration and total daily loads. The feasible alternatives are restoration of covered stream, prevention of streamflow loss through sewers, redevelopment of existing reservoir, reuse of treated wastewater, use of groundwater collected by subway stations and construction of small wastewater treatment plant. Therefore, alternative priority ranking was derived from AEIs. It will be effective to make an integrated watershed management for sustainable development.

A Study on the Development of the Technology of Evaluating the Performance of Energy - saving in the BIM-based Design Process in the Real Time Manner Focused on the Analysis of Coefficient of Overall Heat Transmission (BIM기반 건축물 설계 과정에서 실시간 에너지 성능 분석을 위한 기술 개발에 관한 연구 - 열관류율 분석을 중심으로)

  • Lee, Yun-Gil;Cho, Won-Jun
    • KIEAE Journal
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    • v.13 no.1
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    • pp.29-37
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    • 2013
  • This study intended to introduce the method of designing an eco-friendly building based on BIM(Building Information Modeling) and BIM-based application. The proposed application aimed to generate the environmental performance of the designed alternative automatically in real-time manner in the process of architectural design. We focused on the feasibility of BIM-based eco-friendly design process and the applicability of the developed application for the architectural design practice. In this manner, in the end of paper, we proposed the so-call EcoBIM which is the performance evaluation module for the designed alternative using BIM in the real-time manner and the new design process with it. EcoBIM generate the coefficient of overall heat transmission of wall, roof and slab of the designed alternative with their physical characteristics such as thickness, thermal resistance and so on.

A Study of Dry-Wall Performance Evaluation - An Alternative to Korean Traditional Mud Walling - (전통주택 흙벽을 대신할 수 있는 건식벽체 성능평가에 관한 연구)

  • Hwang, Yong-Woon
    • Journal of the Korean housing association
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    • v.22 no.6
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    • pp.61-69
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    • 2011
  • Korea's traditional house type, the Hanok, has been the essence of Korean domestic culture for hundreds of years. However, Hanok, have begun to disappear as result of urbanization. Because mud walls are crude and weak in water walls are also easily broken by impact. There are further problems in that construction cost is expensive and takes more time than modern house construction, and that the maintenance of Hanok is more difficult than people sometimes predict. Despite much interest in Hanok construction, there is a lack of in younger generation. Thus seeking new ways of maintaining Korea's traditional housing culture and extending Korean traditional houses is important. This study proposes directions for creating new residential environments for the future generation of Korea. A Dry-wall alternative to the Korean traditional mud wall is particularly needed. Dry-walling, made by sustainable materials such as mud board and wood, can strengthen the advantages and make up for the weaknesses of the Korea traditional mud wall. In this study, both wall types underwent various evaluations in terms of their performance in insulation testing, freezing and thawing testing, impacting testing and weight measuring (the size of material in this experiment was $69cm{\times}105cm$). On all of these tests, findings revealed that the dry-wall alternative performed better than traditional mud wall.

Orders Status Analysis on the Successful Bidder Decision Method of Civil Turnkey.Alternative Tendering Construction (개선된 낙찰자 결정방식에 의한 토목 턴키.대안입찰공사 수주현황 분석)

  • Park, Hong Taea;Lee, Yang Kyu
    • Journal of the Society of Disaster Information
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    • v.9 no.2
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    • pp.164-177
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    • 2013
  • From 2010 years to 2013, the selection method of successful bidder has been changed design suitable lowest method, comprehensive evaluation method(bid price adjustment, design score adjustments, weight standards), fixed amount best design method. Therefore this study was presented by analyzing the impact on the domestic construction industry according the way to determine the successful bidder, the evaluation order method and the operational issues through the analysis of order status, order number, results of acceptance an order, success rate range, results of acceptance an order according to weight success rate, results of acceptance an order by work type and order institution of a turnkey alternative tendering construction performed in domestic civil part.

Kalman Filter-based Navigation Algorithm for Multi-Radio Integrated Navigation System

  • Son, Jae Hoon;Oh, Sang Heon;Hwang, Dong-Hwan
    • Journal of Positioning, Navigation, and Timing
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    • v.9 no.2
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    • pp.99-115
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    • 2020
  • Since GNSS is easily affected by jamming and/or spoofing, alternative navigation systems can be operated as backup system to prepare for outage of GNSS. Alternative navigation systems are being researched over the world, and a multi-radio integrated navigation system using alternative navigation systems such as KNSS, eLoran, Loran-C, DME, VOR has been researched in Korea. Least Square or Kalman filter can be used to estimate navigation parameters in the navigation system. A large number of measurements of the Kalman filter may lead to heavy computational load. The decentralized Kalman filter and the federated Kalman filter were proposed to handle this problem. In this paper, the decentralized Kalman filter and the federated Kalman filter are designed for the multi-radio integrated navigation system and the performance evaluation result are presented. The decentralized Kalman filter and the federated Kalman filter consists of local filters and a master filter. The navigation parameter is estimated by local filters and master filter compensates navigation parameter from the local filters. Characteristics of three Kalman filters for a linear system and nonlinear system are investigated, and the performance evaluation results of the three Kalman filters for multi-radio integrated navigation system are compared.