• Title/Summary/Keyword: the utility of function

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SINR Pricing in Non Cooperative Power Control Game for Wireless Ad Hoc Networks

  • Suman, Sanjay Kumar;Kumar, Dhananjay;Bhagyalakshmi, L.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.8 no.7
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    • pp.2281-2301
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    • 2014
  • In wireless ad hoc networks the nodes focus on achieving the maximum SINR for efficient data transmission. In order to achieve maximum SINR the nodes culminate in exhausting the battery power for successful transmissions. This in turn affects the successful transmission of the other nodes as the maximum transmission power opted by each node serves as a source of interference for the other nodes in the network. This paper models the choice of power for each node as a non cooperative game where the throughput of the network with respect to the consumption of power is formulated as a utility function. We propose an adaptive pricing scheme that encourages the nodes to use minimum transmission power to achieve target SINR at the Nash equilibrium and improve their net utility in multiuser scenario.

Identification of Prevailing Risk Attitudes in Various Risk Situations (다양한 위험상황에서의 지배적 위험태도의 파악)

  • Kang, Tae-Geon;Cho, Sung-Ku
    • Journal of Korean Institute of Industrial Engineers
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    • v.25 no.4
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    • pp.437-447
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    • 1999
  • Previous researches on risk attitudes or on the typical utility functions have mostly focused on how the risk attitude of decision maker varies when changes are made in one or two lottery reference points such as consequence domain and magnitude of probability under assumed risk situations represented by simple lotteries. It is, however, very difficult to forecast dominant risk attitudes under risk situations which exhibit a complex combination of many reference points. In this study, twelve risk situations which a decision maker may confront in real decision-making situations were formulated by combining in various ways three reference points, that is, magnitude of probability, consequence domain, and magnitude of gain or loss. Then through a questionnaire dominant risk attitudes under every assumed risk situation were investigated, and the general shape of utility function implied by the experimental results were derived. Results of the present study show that none of the three reference points have dominant effect over the others due to complicated interaction between them, and given the twelve risk situations the observed risk attitude widely varies from strong risk taking to strong risk aversion.

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Optimal Asset Allocation with Minimum Performance and Inflation Risk (최소 자산제약 및 인플레이션을 고려한 자산 할당에 관한 연구)

  • Lim, Byung Hwa
    • Korean Management Science Review
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    • v.30 no.1
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    • pp.167-181
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    • 2013
  • We investigate the dynamic asset allocation problem under inflation risk when the wealth of an investor is constrained with minimum requirements. To capture the investor's risk preference, the CRRA utility function is considered and he maximizes his expected utility at predetermined date of the refund by participation in the financial market. The financial market is supposed to consist of three kinds of financial instruments which are a risk free asset, a risky asset, and an index bond. The role of an index bond is managing inflation risk represented by price process. The optimal wealth and the optimal asset allocation are derived explicitly by using the method to get the European call option pricing formula. From the numerical results, it is confirmed that the investments on index bond is high when the investor's wealth level is low. However, as his wealth increases, the investments on index bond decreases and he invests on risky asset more. Furthermore, the minimum wealth constraint induces lower investment on risky asset but the effect of the constraints is reduced as the wealth level increases.

FINANCIAL MODELS INDUCED FROM AUXILIARY INDICES AND TWITTER DATA

  • Oh, Jae-Pill
    • Korean Journal of Mathematics
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    • v.22 no.3
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    • pp.529-552
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    • 2014
  • As we know, some indices and data are strong influence to the price movement of some assets now, but not to another assets and in future. Thus we define some asset models for several time intervals; intraday, weekly, monthly, and yearly asset models. We define these asset models by using Brownian motion with volatility and Poisson process, and several deterministic functions(index function, twitter data function and big-jump simple function etc). In our asset models, these deterministic functions are the positive or negative levels of auxiliary indices, of analyzed data, and for imminent and extreme state(for example, financial shock or the highest popularity in the market). These functions determined by indices, twitter data and shocking news are a kind of one of speciality of our asset models. For reasonableness of our asset models, we introduce several real data, figurers and tables, and simulations. Perhaps from our asset models, for short-term or long-term investment, we can classify and reference many kinds of usual auxiliary indices, information and data.

Estimation of the Dynamic Load of the Utility in Building by TPA Method (TPA 기법을 이용한 건물 내 설비 동하중 산정)

  • Jeong, Min-Ki;Kim, Yong-Ku;Ahn, Sang-Kyung;Lee, Sang-Yeop;Lee, Seong-Soo
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2008.11a
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    • pp.452-457
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    • 2008
  • In this paper, the vibrations of floor systems of which buildings are under construction are studied by experimental and analysis method. The first step is to measure the operational response data and FRF at the supporting points of the utility and the second step is to calculate the dynamic load by TPA Method which provided by LMS VirtualLab System Analysis Module. The dynamics we used to identify is expressed by below equation; $$\{F_{oper}\}=[H]^{-1}\;{\cdot}\;\{{.. \atop x_{oper}}\}$$ Where, H(Transfer function between position of the force and response) and x(response) are measured by vibration test.

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ON STOCHASTIC OPTIMAL REINSURANCE AND INVESTMENT STRATEGIES FOR THE SURPLUS UNDER THE CEV MODEL

  • Jung, Eun-Ju;Kim, Jai-Heui
    • East Asian mathematical journal
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    • v.27 no.1
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    • pp.91-100
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    • 2011
  • It is important to find an optimal strategy which maximize the surplus of the insurance company at the maturity time T. The purpose of this paper is to give an explicit expression for the optimal reinsurance and investment strategy, under the CEV model, which maximizes the expected exponential utility of the final value of the surplus at T. To do this optimization problem, the corresponding Hamilton-Jacobi-Bellman equation will be transformed a linear partial differential equation by applying a Legendre transform.

Robust Design Methodology under Design Constraints (기술적 설계제약을 고려한 강건설계법)

  • Kim, Kyung-Mo
    • Journal of Korean Society for Quality Management
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    • v.35 no.4
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    • pp.52-60
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    • 2007
  • A multi-attribute robust design methodology is presented. This method can be applied where there are various technical constraints in design variables, multiple potentially conflicting design attributes, and uncontrollable noise variables. Two forms of technical constraints, soft and hard constraints, are considered in robust design settings. Specifically, this work presents procedures for integrating two types of design constraints seamlessly on the multiple design attributes, which is achieved through a development of multi-attribute utility formulation. The effectiveness of the overall procedures is tested with the aid of an I-Beam design problem, and results of sensitivity analysis are discussed.

Required Navigation Performance Implementation of Mission Equipment Package for Korean Utility Helicopter (한국형 가동헬기 임무탑재장비 요구항법성능 구현)

  • Kim, Sung-Woo;Lee, Byoung-Hwa;Oh, Woo-Seop
    • Journal of the Korea Institute of Military Science and Technology
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    • v.14 no.5
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    • pp.798-804
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    • 2011
  • A number of navigation improvements are envisaged : Differential GPS - WAAS, LAAS, and Performance Based Navigation. The GPS receiver verifies the integrity(usability) of the signals received from the GPS constellation through a process called receiver autonomous integrity monitoring(RAIM) to determine if a satellite is providing corrupted information. This paper describe the RAIM function and Performance-Based Navigation implementation of Mission Equipment Package(MEP) for Korean Utility Helicopter.

Logic Symbol Design for the Utility Boiler Control (화력 발전소 보일러 저어 로직 작성을 위한 표준 로직 기호 설계)

  • Shin, Young-Jin;Park, Doo-Yong;Kim, Ho-Yol
    • Proceedings of the KIEE Conference
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    • 2005.05a
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    • pp.134-136
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    • 2005
  • This paper deals with the standard logic symbols with which the engineer will design the control strategy and loop for the utility boiler of the next generation thermal power plant For this purpose, we review the existing international standards for logic symbols. which include ISO, ANSI, and older SAMA. From this review, it is possible to design the standard logic symbol that will be used in the following design phase. The designed standard logic symbols are supposed to provide the logic design with independence from the specific hardware that will be employed in the phase of construction.

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Assessment of Right Ventricular Function in Pulmonary Hypertension with Multimodality Imaging

  • Seo, Hye Sun;Lee, Heon
    • Journal of Cardiovascular Imaging
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    • v.26 no.4
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    • pp.189-200
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    • 2018
  • Pulmonary hypertension (PH) is defined as resting mean pulmonary artery pressure ${\geq}25mmHg$ and is caused by multiple etiologies including heart, lung or other systemic diseases. Evaluation of right ventricular (RV) function in PH is very important to plan treatment and determine prognosis. However, quantification of volume and function of the RV remains difficult due to complicated RV geometry. A number of imaging tools has been utilized to diagnose PH and assess RV function. Each imaging technique including conventional echocardiography, three-dimensional echocardiography, strain echocardiography, computed tomography and cardiac magnetic resonance imaging has-advantages and limitations and can provide unique information. In this article, we provide a comprehensive review of the utility, advantages and shortcomings of the multimodality imaging used to evaluate patients with PH.