• Title/Summary/Keyword: measure theory

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Application of Standard of Review for Safeguard Measure (세이프가드조치의 적법성 평가를 위한 심사기준의 적용에 관한 연구)

  • Lee, Eun-Sup;Kim, Sun-Ok
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.307-325
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    • 2007
  • Examining the standards of review adopted by the dispute settlement body of the WTO in its decision on safeguard measures, the Appellate Body offers no coherent guidance or theory as to the legitimation of the safeguard measures adopted by the domestic authorities. It faults the lack of reasoned and adequate explanation in the national authorities' decision to impose safeguard measures, yet its own explanation of the permissible role for safeguard measure could hardly be less instructive. The Appellate Body has consistently emphasized fidelity to text in its decision but that approach can not work properly when the text is fundamentally deficient from the viewpoints that neither Article XIX nor the safeguard Agreement establish a coherent foundation for safeguard measures due to their vague and abstract provision. Without any coherent theory on guidance as to the legitimation of the safeguard measures, it would be absurd to expect WTO members to produce a reasoned and adequate explanation as to how their safeguard measures are in compliance with the WTO roles. In the absence of a thorough renegotiation for the proper operation of the WTO safeguard system, which seems quite unlikely for the foreseeable future, perhaps the unique method out of the current predicament is for the Appellate Body to lead a movement in establishing a sensible common law of safeguards, drawing on extra-textual guidance including the standards of review about their proper role in the WTO safeguard mechanism.

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Measurement of Effective Refractive Index of Anodic Aluminum Oxide Using a Prism Coupler

  • Gong, Su-Hyun;Cho, Y.H.;Stolz, Arnaud;Gokarna, Anisha;Dogheche, Elhadj;Ryu, Sang-Wan
    • Proceedings of the Korean Vacuum Society Conference
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    • 2010.08a
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    • pp.195-195
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    • 2010
  • In recent years, Anodic aluminum oxide(AAO) has become popular and attractive materials. It can be easily fabricated and self-organized pore structures. It has been widely used as a biosensor membrane, photonic crystal for optical circuit and template for nanotube growth etc. In previous papers, the theory was developed that AAO shows anisotropic optical properties, since it has anisotropic structure with numerous cylindrical pores. It gives rise to the anisotropy of the refractive index called as birefringence. It can be used as conventional polarizing elements with high efficiency and low cost. Therefore, we would like to compare the theory and experimental results in this study. One method which can measure effective refractive index of thin film is the prism coupling technique. It can give accurate results fast and simply. Furthermore, we can also measure separately the refractive index with different polarization using polarization of the laser (TE mode and TM mode). We calculated the effective refractive index with effective medium approximations (EMAs) by pore size in the SEM image. EMAs are physical models that describe the macroscopic system as the homogeneous and typical method of all mean field theories.

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Multiperiod Mean Absolute Deviation Uncertain Portfolio Selection

  • Zhang, Peng
    • Industrial Engineering and Management Systems
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    • v.15 no.1
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    • pp.63-76
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    • 2016
  • Multiperiod portfolio selection problem attracts more and more attentions because it is in accordance with the practical investment decision-making problem. However, the existing literature on this field is almost undertaken by regarding security returns as random variables in the framework of probability theory. Different from these works, we assume that security returns are uncertain variables which may be given by the experts, and take absolute deviation as a risk measure in the framework of uncertainty theory. In this paper, a new multiperiod mean absolute deviation uncertain portfolio selection models is presented by taking transaction costs, borrowing constraints and threshold constraints into account, which an optimal investment policy can be generated to help investors not only achieve an optimal return, but also have a good risk control. Threshold constraints limit the amount of capital to be invested in each stock and prevent very small investments in any stock. Based on uncertain theories, the model is converted to a dynamic optimization problem. Because of the transaction costs, the model is a dynamic optimization problem with path dependence. To solve the new model in general cases, the forward dynamic programming method is presented. In addition, a numerical example is also presented to illustrate the modeling idea and the effectiveness of the designed algorithm.

Relationship between Pedestrian Network and Pedestrian Volume Using Connectivity (연결도를 이용한 보행네트워크와 보행통행량의 상호관련성 연구)

  • Han, Sang-Jin;Kim, Young-Ook;Oh, Soon-Mi
    • Journal of Korean Society of Transportation
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    • v.26 no.1
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    • pp.137-144
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    • 2008
  • It is important to know pedestrian volume to carry out pedestrian safety analysis and pedestrian friendly design. However, it is too difficult to come across research work related to pedestrian volume analysis in the field of transport, due to lack of interests on pedestrian movement. Most transport research has been focused on vehicles and highways rather than pedestrian. On the other hand, in the field of urban studies, there comes an effective tool to estimate pedestrian volumes using Space Syntax theory. This theory twins out to be effective and economic because it only requires network information, which is easy to acquire from maps and field survey. However, this method is different in the way representing networks from the way that is common in the field of transport. To make up for this point, this paper develops a novel measure for estimating pedestrian volume using Dial's algorithm, and applies the model in the two test networks; Insadong and Soongryemoon networks. The application results reveals that developed measure is an effective tool to explain pedestrian volume; a correlation coefficient between the measure and pedestrian volume is 0.713 in Insadong and 0.492 in Soongryemoon, and the goodness of fit($R^2$) of regression models are 0.893 in Insadong and 0.671 in Soongryemoon. This estimation method is significantly less complicated to estimate the effect of a pedestrian network change than Space Syntax theory, which requires special softwares not readily available.

DIRICHLET FORMS, DIRICHLET OPERATORS, AND LOG-SOBOLEV INEQUALITIES FOR GIBBS MEASURES OF CLASSICAL UNBOUNDED SPIN SYSTEM

  • Lim, Hye-Young;Park, Yong-Moon;Yoo, Hyun-Jae
    • Journal of the Korean Mathematical Society
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    • v.34 no.3
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    • pp.731-770
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    • 1997
  • We study Diriclet forms and related subjects for the Gibbs measures of classical unbounded sping systems interacting via potentials which are superstable and regular. For any Gibbs measure $\mu$, we construct a Dirichlet form and the associated diffusion process on $L^2(\Omega, d\mu), where \Omega = (R^d)^Z^\nu$. Under appropriate conditions on the potential we show that the Dirichlet operator associated to a Gibbs measure $\mu$ is essentially self-adjoint on the space of smooth bounded cylinder functions. Under the condition of uniform log-concavity, the Gibbs measure exists uniquely and there exists a mass gap in the lower end of the spectrum of the Dirichlet operator. We also show that under the condition of uniform log-concavity, the unique Gibbs measure satisfies the log-Sobolev inequality. We utilize the general scheme of the previous works on the theory in infinite dimensional spaces developed by e.g., Albeverio, Antonjuk, Hoegh-Krohn, Kondratiev, Rockner, and Kusuoka, etc, and also use the equilibrium condition and the regularity of Gibbs measures extensively.

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Research on the Structure and Application of Fuzzy Environmental Impact Assessment Model

  • Tien, Shiaw-Wen;Hsneh, Chia-Hsiang;Chung, Yi-Chan;Tsai, Chih-Hung;Yu, Yih-Huei
    • International Journal of Quality Innovation
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    • v.5 no.2
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    • pp.45-62
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    • 2004
  • Any business activities may have impact on environment to a certain extent. Enterprises must find appropriate approaches to measure the impact on these environmental aspects, which can be used as the basis to direct enterprises' efforts to improve the environmental impact. The method used to evaluate significant factors in life cycle assessment standards is the one most commonly used by enterprises in general to measure environmental impact. By this method, the decisive factors of each environmental aspect are given scores according to the preset scoring standard of the organization. The scores are added up for each aspect and ranked to assess major environmental aspects. The drawback of this assessment method, that is, it ignores the degree to which each of these factors affects the environment, results in poor credibility. Therefore, this study attempts to solve some qualitative problems by applying to fuzzy theory, in particular, by identifying appropriate fuzzy numbers through fuzzy sets and membership function. Moreover, the study seeks to obtain a crisp value in the process of defuzzifization in order to make up for the shortfall of the original method in dealing with relative weight of decisive factors and thus increase its applicability and credibility. The department of light production of an electronics company is used as an example in this study to measure environmental aspects by employing both the traditional significant factor method and the fuzzy environmental impact assessment model proposed in this study. Based on verification and comparison of results, the model proposed in this study is more feasible as it reduces partiality in decision-making by taking the relative weights of decisive factors into consideration.

Finding Measure Position Using Combination Rules of Musical Notes in Monophonic Song (단일 음원 노래에서 음표의 조합 규칙을 이용한 마디 위치 찾기)

  • Park, En-Jong;Shin, Song-Yi;Lee, Joon-Whoan
    • The Journal of the Korea Contents Association
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    • v.9 no.10
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    • pp.1-12
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    • 2009
  • There exist some regular multiple relations in the intervals of notes when they are combined within one measure. This paper presents a method to find the exact measure positions in monophonic song based on those relations. In the proposed method the individual intervals are segmented at first and the rules that state the multiple relations are used to find the measure position. The measures can be applied as the foundational information for extracting beat and tempo of a song which can be used as background knowledge of automatic music transcription system. The proposed method exactly detected the measure positions of 11 songs out of 12 songs except one song which consist of monophonic voice song of the men and women. Also one can extract the information of beat and tempo of a song using the information about extracted measure positions with music theory.

Outcome Expectations and Social Entrepreneurial Intention: Integration of Planned Behavior and Social Cognitive Career Theory

  • LUC, Phan Tan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.399-407
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    • 2020
  • The paper examines social entrepreneurial intention through outcome expectations. The proposed model incorporates outcome expectations from social cognitive career theory and theory of planned behaviors. The study also introduces a scale for outcome expectations in social entrepreneurship, including solving social problems, innovation, family tradition of social involvement, meaning in life, prestige and social recognition, competitive and favorite job and wealth. A survey of 279 students was conducted through face-to-face structured interviews. The confirm factor analysis and technique of structural equation modeling were used to explore relationships among latent constructs. Research results show that the outcomes impact only through three determinants of theory of planned behavior and do not have significant impact to social entrepreneurial intention. It suggests that outcome expectations may be a flexible factor. Individual outcome expectations can shift to motivations when facing favorable conditions such as family support, government support, etc. The findings suggest that the ability to predict social entrepreneurial intention of attitude toward behavior, subjective norms, and perceived behavioral control. The proposed model in this study contributes importantly to the emerging literature on entrepreneurial intention, particularly to social entrepreneurial intention. This study is also the first quantitative study to measure the impact of outcome expectations on social entrepreneurial intention.

Measurement of Willingness to Pay by Using Fuzzy Theory (퍼지이론을 이용한 지불의사액의 추정)

  • Lee, Sung Tae;Lee, Kwangsuck
    • Environmental and Resource Economics Review
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    • v.15 no.5
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    • pp.921-937
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    • 2006
  • In this paper, we apply fuzzy theory in a discrete choice Contingent Valuation Method(CVM) in order for dealing preference uncertainty problem. Fuzzy membership function is used in an empirical analysis to estimate the willingness-to-pay(WTP) for the preservation of the endangered Asiatic Black Bear in Korea. The estimated WTP was about 9,090 Korea Won per household with 78 percent of confidence level. The advantage of applying fuzzy theory in the valuation method could be found in its ability to measure the confidence level of the estimated WTP.

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A Study on the Determination of the Risk-Loaded Premium using Risk Measures in the Credibility Theory (신뢰도이론에서 위험측도를 이용한 할증보험료 결정에 대한 고찰)

  • Kim, Hyun Tae;Jeon, Yongho
    • The Korean Journal of Applied Statistics
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    • v.27 no.1
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    • pp.71-87
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    • 2014
  • The Bayes premium or the net premium in the credibility theory does not reflect the underlying tail risk. In this study we examine how the tail risk measures can be utilized in determining the risk premium. First, we show that the risk measures can not only provide the proper risk loading, but also allow the insurer to avoid the wrong decision made with the Bayesian premium alone. Second, it is illustrated that the rank of the tail thickness among different conditional loss distributions does not preserve for the corresponding predictive distributions, even if they share the identical prior variable. The implication of this result is that the risk loading for a contract should be based on the risk measure of the predictive loss distribution not the conditional one.