• Honam Mathematical Journal
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• v.37 no.4
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• pp.441-455
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• 2015

In this paper, we perform a comparison study of explicit and implicit numerical methods for the equity-linked securities (ELS). The option prices of the two-asset ELS are typically computed using an implicit finite diffrence method because an explicit finite diffrence scheme has a restriction for time steps. Nowadays, the three-asset ELS is getting popularity in the real world financial market. In practical applications of the finite diffrence methods in computational finance, we typically use relatively large space steps and small time steps. Therefore, we can use an accurate and effient explicit finite diffrence method because the implementation is simple and the computation is fast. The computational results demonstrate that if we use a large space step, then the explicit scheme is better than the implicit one. On the other hand, if the space step size is small, then the implicit scheme is more effient than the explicit one.

• 한국데이터정보과학회:학술대회논문집
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• 2005.10a
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• pp.47-48
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• 2005

Multidimensional scaling is a multivariate technique for constructing a configuration of n points in Euclidean space using information about the distances between the objects. This can be done by the singular value decomposition of the data matrix. But it is known that the singular value decomposition is not resistant. In this study, we provide a resistant version of the multidimensional scaling.

• Proceedings of the KSME Conference
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• 2007.05a
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• pp.479-484
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• 2007

Recently China has carried out a successful anti-satellite missile test at more than 850km altitude January 11 destroying an aging Chinese weather satellite target with a kinetic kill vehicle launched on board a ballistic missile. Korea has developed scientific and commercial satellites and sounding rockets from 1990s. As the fear of the militarisation of space becomes the reality, we need to consider the safety of our space assets from the perspectives of design, operation, and policy. In this paper we study on the general meanings and impacts of Chinese anti-satellite missile test and the measure to protect our space assets from the points of the design, operation and policy.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.16 no.9
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• pp.1977-1982
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• 2012

Social network service user or smart phone user is very convenient, because there are supported to various social network services such as Facebook, Twitter, Flickr, Naver blog, Daum blog, and so on. This Is very good because they store multimedia datas that user wants to cyber space if they want it conveniently. But, if social network user increases, space of cloud storage increases sharply, and when social network service used user dies then they have big problems such as they did not know in existing. Typically, problems of notice, dissemination, storage, and inheritance for digital asset can happen representatively. Now, If successor send relation information of he and his dead user that is family to social network service provider then service provider checks it. And successor may can use, save and only backup are possible after confirm of family relation truth. Therefore, We wish to propose ADAM that successor may can inherit digital assets easily, conveniently, and safely in this paper. If someone use ADAM, successor submits information about dead and own family relation in the third certification party. And ADAM can be inherited freely and conveniently about digital assets as general assets passing through right inheritance process.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.675-682
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• 2021

The study analyzes the demand for residential space in the Untact Era. Residential space comprises six categories: the most necessary dedicated space (DS), most preferred south-facing space (SFS), largest space (LS), most necessary shared space (SS), most necessary infra-space (IS), and others. Results indicated the following: 1) All respondents had the highest preference for relaxing spaces except DS. 2) Differences were found between DS, SFS, and LS by age and SS; IS by residential area; and DS, SS, and IS by household size. 3) People aged 60+ preferred a living room while people aged 40-59 preferred a larger kitchen. Seoul citizens preferred gardens or parks in the complex or neighboring forests whereas local citizens preferred shared offices and medical centers. Households of three or more persons preferred a park/forest and two-person households preferred a honbap restaurant. The implications for housing policy are as follows. 1) Nature-friendly spaces are needed to alleviate a sense of isolation. 2) Changing demand for residential space should be reflected in housing policies. 3) The government's housing supply policy with the same residential space and structure must be changed to provide various residential spaces according to age, residential area, and household size.

• Journal of the Korean Society of Industry Convergence
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• v.27 no.2_2
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• pp.467-473
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• 2024

Metaheuristics' impact is profound across many fields, yet domestic financial portfolio optimization research falls short, particularly in asset allocation. This study delves into metaheuristics for portfolio optimization, examining theoretical and practical benefits. Findings indicate portfolios optimized via metaheuristics outperform the Dow Jones Index in Sharpe ratios, underscoring their potential to enhance risk-adjusted returns significantly. Tabu search, in comparison to Simulated Annealing, demonstrates superior performance by efficiently navigating the search space. Despite these advancements, practical application remains challenging due to the complexities in metaheuristic implementation. The study advocates for broader algorithmic exploration, including population-based metaheuristics, to refine asset allocation strategies further. This research marks a step towards optimizing portfolios from an extensive array of financial assets, aiming for maximum efficacy in investment outcomes.

• Journal of the Korean Home Economics Association
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• v.36 no.11
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• pp.43-59
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• 1998

The purpose of this study was to analyze the residential preferences, the type of house, the size of living space, and the region for later life and contributing factors to their housing plan. The sample in this study consisted of 572 aged couple living in Korea. Statistics employed for the analysis were frequencies, means, X2test, logit analysis and multiple regression. The results could be summarized as follows. They preferred 31.2 pyung as living space, the single detacted house(81.1%) and living in middle-small cities or rural area. The present living space, present living area, satisfaction of economic status had significant effects on the living space in later life. Those who had a plan to live in the single detached house were affected by husband's educational attaintment, the type of present house, present and future living region. And the factors affecting furture living region were present living region, household income, household expenditure, total asset and preferred housing type. The affecting factors were different from future residential preferences by occupation and health status.

• Communications for Statistical Applications and Methods
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• v.29 no.6
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• pp.695-708
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• 2022

Recently, several studies have been conducted using state space model. In this study, a dynamic linear model with state space model form is applied to stock data. The monthly returns for 135 Korean stocks are fitted to a dynamic linear model, to obtain an estimate of the time-varying 𝛽-coefficient time-series. The model formula used for the return is a capital asset pricing model formula explained in economics. In particular, the transition equation of the state space model form is appropriately modified to satisfy the assumptions of the error term. k-shape clustering is performed to classify the 135 estimated 𝛽 time-series into several groups. As a result of the clustering, four clusters are obtained, each consisting of approximately 30 stocks. It is found that the distribution is different for each group, so that it is well grouped to have its own characteristics. In addition, a common pattern is observed for each group, which could be interpreted appropriately.

• Journal of Space Technology and Applications
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• v.3 no.4
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• pp.342-354
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• 2023

The paradox of cubesat development process in the New Space paradigm is related to a complicated and time-consuming system engineering procedure. Due to their low cost and quick production time, cubesats are a highly accessible space asset in the startup-driven "New Space" industry. In reality, however, the development process experienced by the student teams selected through the national cubesat competition is quite different from what we expect. This is because cubesats are designed and implemented using a lengthy and tedious procedure defined by the systems engineering perspective. The purpose of this work is to explain to developers who are unfamiliar with systems engineering the role and function of systems engineering in each step of the cubesat development process.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.2
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• pp.228-237
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• 2018

The purpose of this study is to develop an index to measure regional creativity factors from previous research, as well as to empirically analyze the relationship between regional creativity and regional growth. We conduct panel analysis on the balanced panel data of regional creativity in fifteen Korean cities and provinces during 2008-2012. The result of hypothesis testing are as follows: First, amongst factors of regional creativity, sub-factors such as creative personnel and intangible asset (of the basic asset factor), creative enterprise (of the economic agent factor), and convergence and creative industries (of the core industry factor) showed significant influential relationships with GRDP (Gross Regional Domestic Product) as positive. Concerning the systemization factor, all sub-factors showed no significant relationship with GRDP. Second, amongst the factors, creative personnel (of the basic asset factor), start-up and entrepreneurship (of the systemization factor), creative enterprise (of the economic agent factor), the regional space factor, and convergence industry (of the core industry factor) showed significant positive relationships with employment rate. However, tangible and intangible creative asset (of the basic asset factor), convergence management and administration (of the systemization factor), Large/middle/small enterprises and central government/municipalities (of the economic agent factor), and creative industry (of the core industry factor) showed no significant relationship with employment rate. The results of this study will provide insight into the current situation for regional creativity, and review the process and short and long term performance. In addition, it will be a basic means to lead the central government's policy of strengthening local autonomy and decentralization.