• Title/Summary/Keyword: event term

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A Study of Effects of Stock Option on Firm's Performance (주식매수선택권이 기업성과에 미친 영향에 대한 연구)

  • Shin, Yeon-Soo
    • The Journal of Information Technology
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    • v.9 no.4
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    • pp.75-85
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    • 2006
  • This study is to test the influence of stock option granting information on the firm's performance. The important issue in stock option is that agent cost is the important determinant factor for the long term performance. The agent cost arises between the manager and shareholders. So many study are concentrated in diminishing the agent cost, and develop some substitute tools to measure the agent cost. The event study about stock option analyzes returns around event date at a time. Event study provides estimation periods and cumulative returns. Announcements about stock option are generally associated with positive abnormal returns in short term period, but not showing positive effect in long term period. It is important to investigate the responses of stocks to new information contained in the announcements of stock option. Therefore it is important to study the long term performance in the case of stock option. The event time portfolio approach exists the CAR model, BHAR model and WR model. And the calendar time portfolio approach has the 3 factor model, 4 factor model, CTAR model, and RATS model. This study is forced to develop and arrange two approach method in evaluating the performance, the event time portfolio approach and calendar time portfolio approach.

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A Study about Measurement Model of Long Term Performance in Stock Split (주식분할의 장기성과 측정 모델에 대한 연구)

  • Shin, Yeon-Soo
    • The Journal of Information Technology
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    • v.9 no.3
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    • pp.77-89
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    • 2006
  • The event study analyzes returns around event date at a time. Event study provides estimation periods and cumulative returns. Stock split announcements are generally associated with positive abnormal returns. It is important to investigate the responses of stocks to new information contained in the announcements of stock splits. So It is important to study the long term performance in the case of Stock Split. This Study forced to two approach method in evaluating the performance, the event time portfolio approach and calendar time portfolio approach. The event time portfolio approach exists the CAR model, BHAR model and WR model. And the calendar time portfolio approach has the 3 factor model, 4 factor model, CTAR model, and RATS model.

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Comparative Analysis of Terminology and Classification Related to Risk Management of Radiotherapy

  • Oh, Yoonjin;Kim, Dong Wook;Shin, Dong Oh;Koo, Jihye;Lee, Soon Sung;Choi, Sang Hyoun;Ahn, Sohyun;Park, Dong-wook
    • Progress in Medical Physics
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    • v.27 no.3
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    • pp.131-138
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    • 2016
  • We analyzed the terminology and classification related to the risk management of radiation treatment overseas to establish the terminology and classification system for Korea. This study investigated the terminology and classification for radiotherapy risk management through overseas research materials from related organizations and associations, including the IAEA, WHO, British group, EC, and AAPM. Overseas risk management commonly uses the terms "near miss", "incident", and "adverse event", classified according to the degree of severity. However, several organizations have ambiguous terminologies. They use the term "near miss" for events such as a near event, close call, and good catch; the term "incident" for an event; and the term "adverse event" for the likes of an accident and an event. In addition, different organizations use different classifications: a "near miss" is generally classified as "incident" in most cases but not classified as such in BIR et al. Confusion might also be caused by the disunity of the terminology and classification, and by the ambiguity of definitions. Patient safety management of medical institutions in Korea uses the terms "near miss", "adverse event", and "sentinel event", which it classifies into eight levels according to the severity of risk to the patient. Therefore, the terminology and classification for radiotherapy risk management based on the patient safety management of medical institutions in Korea will help in improving the safety and quality of radiotherapy.

FIRE PROPAGATION EQUATION FOR THE EXPLICIT IDENTIFICATION OF FIRE SCENARIOS IN A FIRE PSA

  • Lim, Ho-Gon;Han, Sang-Hoon;Moon, Joo-Hyun
    • Nuclear Engineering and Technology
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    • v.43 no.3
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    • pp.271-278
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    • 2011
  • When performing fire PSA in a nuclear power plant, an event mapping method, using an internal event PSA model, is widely used to reduce the resources used by fire PSA model development. Feasible initiating events and component failure events due to fire are identified to transform the fault tree (FT) for an internal event PSA into one for a fire PSA using the event mapping method. A surrogate event or damage term method is used to condition the FT of the internal PSA. The surrogate event or the damage term plays the role of flagging whether the system/component in a fire compartment is damaged or not, depending on the fire being initiated from a specified compartment. These methods usually require explicit states of all compartments to be modeled in a fire area. Fire event scenarios, when using explicit identification, such as surrogate or damage terms, have two problems: (1) there is no consideration of multiple fire propagation beyond a single propagation to an adjacent compartment, and (2) there is no consideration of simultaneous fire propagations in which an initiating fire event is propagated to multiple paths simultaneously. The present paper suggests a fire propagation equation to identify all possible fire event scenarios for an explicitly treated fire event scenario in the fire PSA. Also, a method for separating fire events was developed to make all fire events a set of mutually exclusive events, which can facilitate arithmetic summation in fire risk quantification. A simple example is given to confirm the applicability of the present method for a $2{\times}3$ rectangular fire area. Also, a feasible asymptotic approach is discussed to reduce the computational burden for fire risk quantification.

The Study of Service Event Relation Analysis Using Recurrent Neural Network (Recurrent Neural Network를 활용한 서비스 이벤트 관계 분석에 관한 연구)

  • Jeon, Woosung;Park, Youngsuk;Choi, Jeongil
    • Journal of Information Technology Services
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    • v.17 no.4
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    • pp.75-83
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    • 2018
  • Enterprises need to monitor systems for reliable IT service operations to quickly detect and respond to events affecting the service, thereby preventing failures. Events in non-critical systems can be seen as a precursor to critical system incidents. Therefore, event relationship analysis in the operation of IT services can proactively recognize and prevent faults by identifying non-critical events and their relationships with incidents. This study used the Recurrent Neural Network and Long Short Term Memory techniques to create a model to analyze event relationships in a system and to verify which models are suitable for analyzing event relationships. Verification has shown that both models are capable of analyzing event relationships and that RNN models are more suitable than LSTM models. Based on the pattern of events occurring, this model is expected to support the prediction of the next occurrence of events and help identify the root cause of incidents to help prevent failures and improve the quality of IT services.

Analysis of Mega Event effect using System Dynamics : Application in Millennial Anniversary of the Tripitaka Koreana (시스템다이내믹스를 이용한 메가이벤트 개최 효과 분석: 대장경문화축전에의 적용)

  • Park, Gyung-Yeol;Choi, Seung-Dam;Kim, Dong-Hwan
    • Korean System Dynamics Review
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    • v.14 no.1
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    • pp.31-53
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    • 2013
  • The purpose of this study is to explain the impact of hosting mega event using the system dynamics and to establish the model for analysis of the impact of hosting mega event. The results are as follows. First, the growth of inbound tourists have influenced long term effect. Second, the export has increased for a limited period only after the hosting mega event, but the increase in export returned to the previous state in terms of economic impact of mega event. Third, nation brand has been improved for a limited period only such as the economical impact in terms of socio-cultural impact of mega event. Last, citizenship consciousness has been improved after hosting mega event. Further researches have to be carried out to modify and reinforce the model.

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Job Assignment Simulation of Ship Hull Production Design in Consideration of Mid-Term Schedule (중일정계획을 고려한 선체 생산설계 작업할당 시뮬레이션)

  • Son, Myeong-Jo;Kim, Tae-Wan
    • Journal of the Society of Naval Architects of Korea
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    • v.50 no.5
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    • pp.334-342
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    • 2013
  • In this paper, we analyze the procedure of the design manager for the enhancement of the hull production design process by use of the simulation method. Normally, design manager assigns design jobs according to various methods and estimates the corresponding results. When the construction drawing which is the output of the detail design where a design is dealt by zones, the design manager identifies blocks and analyzes their work difficulties, and assigns jobs to design engineers who are different in capabilities. These processes including the design engineer who can be modeled with man-hours evaluation model are represented in detail as a simulation model. As the high-level modeling for the discrete-event system, we use Event Graph model. And we implemented the simulation using Simkit which is open simulation engine for the discrete-event system. We made the simulation scenario to be written by a user in the scenario generator which is separated from the simulation model, and made the simulation result to be visualized in the form of Gantt chart in a Web. In the scenario of the irregular issuance for various construction drawings which contain different numbers of blocks, we performed the Monte-Carlo simulation according to various assignment methods to find the assignment result that satisfies the mid-term schedule.

Regression models generated by gamma random variables with long-term survivors

  • Ortega, Edwin M.M.;Cordeiro, Gauss M.;Hashimoto, Elizabeth M.;Suzuki, Adriano K.
    • Communications for Statistical Applications and Methods
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    • v.24 no.1
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    • pp.43-65
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    • 2017
  • We propose a flexible cure rate survival model by assuming that the number of competing causes of the event of interest has the Poisson distribution and the time for the event follows the gamma-G family of distributions. The extended family of gamma-G failure-time models with long-term survivors is flexible enough to include many commonly used failure-time distributions as special cases. We consider a frequentist analysis for parameter estimation and derive appropriate matrices to assess local influence on the parameters. Further, various simulations are performed for different parameter settings, sample sizes and censoring percentages. We illustrate the performance of the proposed regression model by means of a data set from the medical area (gastric cancer).

Polyphonic sound event detection using multi-channel audio features and gated recurrent neural networks (다채널 오디오 특징값 및 게이트형 순환 신경망을 사용한 다성 사운드 이벤트 검출)

  • Ko, Sang-Sun;Cho, Hye-Seung;Kim, Hyoung-Gook
    • The Journal of the Acoustical Society of Korea
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    • v.36 no.4
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    • pp.267-272
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    • 2017
  • In this paper, we propose an effective method of applying multichannel-audio feature values to GRNNs (Gated Recurrent Neural Networks) in polyphonic sound event detection. Real life sounds are often overlapped with each other, so that it is difficult to distinguish them by using a mono-channel audio features. In the proposed method, we tried to improve the performance of polyphonic sound event detection by using multi-channel audio features. In addition, we also tried to improve the performance of polyphonic sound event detection by applying a gated recurrent neural network which is simpler than LSTM (Long Short Term Memory), which shows the highest performance among the current recurrent neural networks. The experimental results show that the proposed method achieves better sound event detection performance than other existing methods.

Prediction of radioactivity releases for a Long-Term Station Blackout event in the VVER-1200 nuclear reactor of Bangladesh

  • Shafiqul Islam Faisal ;Md Shafiqul Islam;Md Abdul Malek Soner
    • Nuclear Engineering and Technology
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    • v.55 no.2
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    • pp.696-706
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    • 2023
  • Consequences of an anticipated Beyond Design Basis Accident (BDBA) Long-Term Station Blackout (LTSBO) event with complete loss of grid power in the VVER-1200 reactor of Rooppur Nuclear Power Plant (NPP) of Unit-1 are assessed using the RASCAL 4.3 code. This study estimated the released radionuclides, received public radiological dose, and ground surface concentration considering 3 accident scenarios of International Nuclear and Radiological Event Scale (INES) level 7 and two meteorological conditions. Atmospheric transport, dispersion, and deposition processes of released radionuclides are simulated using a straight-line trajectory Gaussian plume model for short distances and a Gaussian puff model for long distances. Total Effective Dose Equivalent (TEDE) to the public within 40 km and radionuclides contribution for three-dose pathways of inhalation, cloudshine, and groundshine owing to airborne releases are evaluated considering with and without passive safety Emergency Core Cooling System (ECCS) in dry (winter) and wet (monsoon) seasons. Source term and their release rates are varied with the functional duration of passive safety ECCS. In three accident scenarios, the TEDE of 10 mSv and above are confined to 8 km and 2 km for the wet and dry seasons, respectively in the downwind direction. The groundshine dose is the most dominating in the wet season while the inhalation dose is in the dry season. Total received doses and surface concentration in the wet season near the plant are higher than those in the dry season due to the deposition effect of rain on the radioactive substances.