• Asia-Pacific Journal of Business
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• v.14 no.1
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• pp.265-279
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• 2023

Purpose - The purpose of this paper is to compare and review behavioral economics models that explain stock price changes after large-scale price shocks in the Korean stock market and to find a suitable model. In this paper, among the theories reviewed, it was confirmed that the anchoring heuristics theory has high explanatory power for stock prices after large-scale stock price fluctuations. Design/methodology/approach - This paper conducts an event study on stock price shocks in which the individual stocks that make up the KOSPI200 index show more than 10% fluctuation on a daily basis. In order to materialize the abstract predictions of heuristics theories in a varifiable form, this paper uses the daily stock price index change as a reference point for availability heuristics, and uses the 52-week highest and lowest price as reference point for anchoring heuristics. Research implications or Originality - As a result of the empirical analysis, the stock price reversals did not consistently appear for changes in the daily index. On the other hand, the stock price drifts consistently appeared around the 52-week highest and the 52-week lowest price. And in the multiple regression analysis that controlled for company-specific and event-specific variables, the results that supported the anchoring heuristics were more evident. These results suggest that it is possible to establish an investment strategy using large-scale price change in Korean stock market.

• Nuclear Engineering and Technology
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• v.55 no.7
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• pp.2388-2394
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• 2023

The radioactivity concentration of environmental radionuclides was analyzed for soil and sand at eight locations within a radius of 255 m centered on the Dongnam Institute of Radiological & Medical Science (DIRAMS), Korea. The average activity concentrations of ⁴⁰K, ¹³⁷Cs, ²²⁶Ra, and ²³²Th were 661.1 Bq/kg-dry, 0.9 Bq/kg-dry, 21.9 Bq/kg-dry, and 11.1 Bq/kg-dry, respectively. The activity of ⁴⁰K and ¹³⁷Cs was lower than the 3-year (2017-2019) average reported by the Korea Institute of Nuclear Safety, respectively. Due to the nature of granite-rich soil, the radioactivity of ⁴⁰K was 0.6-fold higher than in other countries, while ¹³⁷Cs was in the normal fluctuation range (15-30 Bq/kg-dry) of the concentration of radioactive fallout from nuclear tests. The activity of ²²⁶Ra and ²³²Th was lower than in Korean soils reported by the United Nations Scientific Committee on the Effects of Atomic Radiation (UNSCEAR). The average activity concentrations of ²³²Th and ⁴⁰K for the soil and sand samples from DIRAMS were within the range specified by UNSCEAR in 2000. The radium equivalent activity and internal and external hazard index values were below the recommended limits (1 mSv/y). These radionuclide concentration (²²⁶Ra, ²³²Th, ⁴⁰K, and ¹³⁷Cs) data can be used for regional environmental monitoring and ecological impact assessments of nuclear power plant accidents.

• The Journal of the Acoustical Society of Korea
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• v.26 no.3
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• pp.123-128
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• 2007

This Paper Presents new transient signal classification algorithms for underwater transient signals. In general. the ambient noise has small spectral deviation and energy variation. while a transient signal has large fluctuation. Hence to detect the transient signal, we use the spectral deviation and power variation. To classify the detected transient signal. the feature Parameters are obtained by using the Wigner-Ville distribution based eigenvalue decomposition. The correlation is then calculated between the feature vector of the detected signal and all the feature vectors of the reference templates frame-by-frame basis, and the detected transient signal is classified by the frame mapping rate among the class database.

• Applied Chemistry for Engineering
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• v.9 no.6
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• pp.852-856
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• 1998

Effects of packing materials on the pressure fluctuations in a fluidized bed have been analysed using statistical method to interpret fluidized bed behavior. The experiments were carried out in a fluidized bed of 6.7cm - ID, and the experimental variables were particle size and its distributions, fluidizing velocity, aspect ratio, and packing materials, etc. Screen packings are used as packing material, the properties of the pressure fluctuations in the fluidized bed were measured by a differential pressure transducer. The measured properties for the pressure fluctuations were the mean, the standard deviation, and the major frequency of the power spectral density functions, etc. The standard deviations of the pressure fluctuations have been slightly affected in the radial directions of fluidized bed, and almost constant in axial directions the height above 4.5cm of the distributor of fuidized bed without packing materials. The major frequency decreased with increaing packing size, whereas it showed maximum at 10% of packing materials. It has been found that the standard deviation of the pressure fluctuations can effectively explain the fluidized phenomena, and the packing materials severely affected the properties of the pressure fluctuations.

• Journal of Bio-Environment Control
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• v.8 no.2
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• pp.125-135
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• 1999

In this paper, the thermal characteristics in plastic greenhouses with heating systems of electric power, hot air, and non-heating are measured and analyzed by field tests. From these tests, we were able to estimate the heating efficiency and quantitatively evaluate the characteristics of indoor thermal distributions of the particular heating system in greenhouses. The heating system of electric power was ineffective to reduce the difference of thermal distribution in the vertical direction. The hot air heating system also does not properly reduce the serious temperature fluctuation by time. By removing the above problems, these data will be utilized effectively to design better thermal environment in greenhouses.

• Journal of Korea Technology Innovation Society
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• v.14 no.4
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• pp.965-982
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• 2011

Currently, dependency of natural and energy resources on world economy may not be more serious than any before increasing the uncertainty of Korea's national economy, especially as China uses unexpectedly fast glowing portion of world resources. Due to insufficient natural resources and unmatured renewable energy system, it is very important for Korea to secure the energy sources not only for national prosperity but also security for the future. In this regard, importance and necessity of nuclear energy as a major electric power source in Korea are in need to be emphasized. Korea currently imports all the necessary enriched uranium for fabrication of nuclear fuel from abroad. Thus, it is extremely important to establish a secured supply system for enriched uranium regardless of the global political unstability as well as economic fluctuation. In order to build the nuclear fuel procurement system, it is required to analyze the global market status, current enrichment service systems, and the future technology under development. For this purpose, this study comparatively analyzes the laser based advanced technology for uranium enrichment under development in the United States, which is assumed to be 2~3 times more economically viable than currently available technologies.

• Journal of the Institute of Electronics and Information Engineers
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• v.54 no.5
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• pp.17-23
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• 2017

Optical current sensors are suitable for operation in high voltage and high current environments such as power plants due to they are not affected by electromagnetic interference and have excellent insulation characteristics. However, as they operate in a harsh environment such as large temperature fluctuation and mechanical vibration, high reliability of the sensor is required. Therefore, many groups have been working on enhancing the reliability. In this work, an integrated optical current sensor incorporating polarization-rotated reflection interferometer is proposed. By integrating various optical components on a single chip, the sensor exhibits enhanced stability as well as the solution for low-cost optical sensors. Using this, we performed the characterization for the actual field application. By using a large power source, the current of 0.3 kA~36 kA was applied to the photosensor and the linear operation characteristics were observed. The error of the sensor was within $0{\pm}.5%$. Even when operating for a long time, the error range of the sensor was kept within $0{\pm}.5%$. In addition, the measurement of the frequency response over the range of 60 Hz to 10 kHz has confirmed that the 3-dB frequency band of the proposed OCT is well over 10 kHz.

• Journal of Korean Society of Coastal and Ocean Engineers
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• v.30 no.6
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• pp.253-262
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• 2018

Oscillating Water Column (OWC) Wave Energy Converters (WEC) harness electricity through a Power-Take-Off (PTO) system from the induced-airflow by seawater oscillating inside a chamber. In general, an air chamber with a relatively small cross-sectional area is required compared to seawater chamber to obtain high-velocity air in the PTO system, and in order to simulate an accurate air flow rate in the air chamber, a three-dimensional study is required. In this study, the dynamic response of OWC-WEC that is equipped with the channel of seawater exchange for the case of irregular waves has been numerically studied. The open source CFD software, OLAFLOW for the simulation of wave dynamics to the openFOAM and FOAM-extend communities, was used to simulate the interaction between the device and irregular waves. Based on the numerical simulation results, we discussed the fluctuation characteristics of three dimensional air flow in the air-chamber, wave deformation around the structure and the seawater flow inside the channel of seawater exchange. The numerical results the maximum air flow velocity in the air-chamber increases as the Ursell value of the significant wave increases, and the velocity of airflow flowing out from the inside of air chamber to the outside is greater than the speed of flowing into the air chamber from the outside.

• Korean Journal of Optics and Photonics
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• v.31 no.6
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• pp.274-280
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• 2020

In this paper, the effect of atmospheric turbulence is numerically modeled and analyzed via a phase-screen model, in regard to long-range optical energy transfer using coherent beam combination. The coherent-beam-combination system consists of three channel beams pointing at a target at a distance of 1-2 km. The phase and propagation direction of each channel beam are assumed to be corrected in an appropriate manner, and the atmospheric turbulence that occurs while the beam propagates through free space is quantified with a phase-screen model. The phase screen is statistically generated and constructed within the range of fluctuations of the structure constant Cn2 from 10-15 to 10-13 [m-2/3]. Particularly, in this discussion the shape, distortion, and combining efficiency of the 3-channel combined beam are calculated at the target plane by varying the structure constant used in the phase-screen model, and the effect of atmospheric turbulence on beam-combination efficiency is analyzed. Analysis with this numerical model verifies that when coherent beam combination is used for long-range optical energy transfer, the received power at the target can be at least three times the power obtainable by incoherent beam combination, even for maximal atmospheric fluctuation within the given range. This numerical model is expected to be effective for analyzing the effects of various types of atmospheric-turbulence conditions and beam-combination methods when simulating long-range optical energy transfer.

• Journal of Dental Rehabilitation and Applied Science
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• v.33 no.3
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• pp.178-188
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• 2017

Purpose: We compared the effects of newly developed diode laser (Bison 808 nm Diode laser) on the treatment of peri-implantitis with conventional products (Picasso 810 nm Diode laser) by comparing the surface temperature of titanium disc and bacterial sterilization according to laser power. Materials and Methods: The titanium disc was irradiated for 60 seconds and 1 - 2.5 W using diode laser 808 nm and 810 nm. The surface temperature of the titanium disc was measured using a temperature measurement module and a temperature measurement program. In addition, in order to investigate the sterilizing effect according to the laser power, 808 nm laser was irradiated after application of bacteria to sandblasted large-grit acid-etched (SLA) and resorbable blast media (RBM) coated titanium discs. The irradiated disks were examined with scanning electron microscopy. Results: Both 808 nm and 810 nm lasers increased disk surface temperature as the power increased. When the 810 nm was irradiated under all conditions, the initial temperature rise rate, the descending rate, and the temperature change before and after was higher than that of 808 nm. Disk surface changes were not observed on both lasers at all conditions. Bacteria were irradiated with 808 nm, and the bactericidal effect was increased as the power increased. Conclusion: When applying these diode lasers to the treatment of peri-implantitis, 808 nm which have a bactericidal effect with less temperature fluctuation in the same power conditions would be considered safer. However, in order to apply a laser treatment in the dental clinical field, various safety and reliability should be secured.