• 제목/요약/키워드: valuing science

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A PROBABILISTIC APPROACH FOR VALUING EXCHANGE OPTION WITH DEFAULT RISK

  • Kim, Geonwoo
    • East Asian mathematical journal
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    • 제36권1호
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    • pp.55-60
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    • 2020
  • We study a probabilistic approach for valuing an exchange option with default risk. The structural model of Klein [6] is used for modeling default risk. Under the structural model, we derive the closed-form pricing formula of the exchange option with default risk. Specifically, we provide the pricing formula of the option with the bivariate normal cumulative function via a change of measure technique and a multidimensional Girsanov's theorem.

경북지역 대학생의 전통음식에 대한 태도(I) -전통음식에 대한 평가, 이용도 및 라이프 스타일과의 관계- (Attitudes of the university students in the Kyung-book area on the traditional foods(I) -The evaluation, the utilization and the life style-)

  • 김성미
    • 한국식품조리과학회지
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    • 제16권1호
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    • pp.27-35
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    • 2000
  • This study intended to find out what the male and female university students in Kyung-book area think about Korean traditional foods, how much they use them, and how their life styles affect their estimates on traditional foods. They evaluated the aspects of traditional foods highly in the order of nutrition(6.07), taste(5.96), appearance(5.40), color(5.33), preservation after cooking(4.82), cost(4.63), and cooking method(4.43). Female students had higher estimates on traditional foods than male students. There was no significant difference in the evaluation between the students raised in rural and urban areas if they had the same educational level. Regardless of gender, Kimchi was most preferred followed by boiled rice, pot stew, grilled fish, and beef out of 25 traditional foods. In the correlation among the evaluation factors and uses of traditional foods, those with high evaluation on traditional foods(r=0.282, p<0.01) and the families with higher income(r=0.316, p<0.01) made more use of traditional foods. For the life style, leisure-valuing type was the greatest part(39.4%) in male students and altruistic type(31.9%) in female students. The altruistic type comprised of the greatest part(34.8%) among the students raised in urban areas and the leisure-valuing type(40.0%) among those raised in rural areas. The altruistic type students put high values on taste, nutrition, appearance, color, and preservation after cooking of the traditional foods. The egocentric type gave high values on cost and cooking method. However, there were no significant differences among the types in every item. The altruistic type put the highest and the leisure-valuing type put the lowest value on traditional foods, respectively, however, it was not significantly different. The individuality-centered type made the most use of traditional foods, whereas the leisure-valuing type made the least(p<0.05).

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우리나라 중학교 2학년 학생들의 과학에 대한 정의적 태도 특성 탐색 (Exploration of Features of Korean Eighth Grade Students' Attitudes Toward Science)

  • 곽영순
    • 한국과학교육학회지
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    • 제37권1호
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    • pp.135-142
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    • 2017
  • 4년 주기로 반복되는 TIMSS 연구에서는 2016년 말에 TIMSS 2015 결과를 발표하였다. 본 연구에서는 TIMSS 2015 결과 중에서, 학생들의 설문 응답 결과를 토대로 우리나라 학생들의 과학에 대한 태도와 성취도의 관계를 살펴보고, TIMSS 평가주기별 공통문항을 중심으로 학생들의 응답 변화추이와, 학교급 변화에 따른 학생들의 태도 변화추이를 살펴보았다. 연구결과에 따르면 우리나라 중학교 2학년 학생들은 과학 성취도 상위 15개국은 물론 전체 참여국 중 과학에 대한 자신감, 과학 학습에 대한 흥미, 과학에 대한 가치인식 등에서 최하위 수준을 나타내었다. 또한, TIMSS 평가주기별 공통문항을 중심으로 과학에 대한 태도를 분석한 결과, 우리나라 학생들은 과학에 대한 자신감과 과학 학습에 대한 흥미는 TIMSS 2011에 비해 TIMSS 2015에서 모두 낮아졌다. 반면에 과학에 대한 도구적 가치인식의 경우 TIMSS 2011에 비해 TIMSS 2015에서 모두 상승하였다. 또한, 우리나라 학생들은 초등학교 4학년에서 중학교 2학년으로 진학함에 따라 과학에 대한 자신감과 흥미가 감소하는 것으로 나타났다. 연구결과를 토대로, 우리나라 중학생들의 과학에 대한 정의적 태도 개선을 위한 후속연구와 과학과 교수학습 개선 방안을 제안하였다.

한국 간호학문에서의 페미니즘 (Feminism in Nursing Science in Korea)

  • 이명선
    • 대한간호학회지
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    • 제35권5호
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    • pp.914-923
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    • 2005
  • Purpose: Although feminism has been actively discussed and applied to nursing in Western societies since the 1980s, it is little known among Korean scholars as well as Korean nurses. This article explores the use of feminist perspectives in nursing science in other developed countries and suggests how feminism could be applied to nursing science in Korea. Method: The literature related to nursing and feminism were reviewed in terms of nursing practice, education, and research. Result: This article describes what feminism is and how feminism and nursing have evolved historically over time in other countries, especially in Western societies. In addition, it discusses how it can be applied to nursing practice, education, and research in Korea. Conclusion: Accepting feminist perspective in Korean nursing could benefit in empowering nurses by valuing nursing, by raising self-esteem of nurses, and by raising the consciousness of socio-political realities. Eventually it could benefit in changing and developing nursing science in Korea.

Pricing weather derivatives: An application to the electrical utility

  • Zou, Zhixia;Lee, Kwang-Bong
    • Journal of the Korean Data and Information Science Society
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    • 제23권2호
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    • pp.365-374
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    • 2012
  • Weather derivatives designed to manage casual changes of weather, as opposed to catastrophic risks of weather, are relatively a new class of financial instruments. There are still many theoretical and practical challenges to the effective use of these instruments. The objective of this paper is to develop a pricing approach for valuing weather derivatives and presents a case study that is practical enough to be used by the risk managers of electrical utility firms. Utilizing daily average temperature data of Guangzhou, China from $1^{st}$ January 1978 to $31^{st}$ December 2010, this paper adopted a univariate time series model to describe weather behavior dynamics and calculates equilibrium prices for weather futures and options for an electrical utility firm in the region. The results imply that the risk premium is an important part of derivatives prices and the market price of risk affects option values much more than forward prices. It also demonstrates that weather innovation as well as weather risk management significantly affect the utility's financial outcomes.

Up-gradation in Human Resource Management Practices for the Biotech Industry in India

  • Kumari, Neeraj
    • The Journal of Asian Finance, Economics and Business
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    • 제2권2호
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    • pp.27-34
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    • 2015
  • The 21st century belongs to biotechnology as it made profound impact in the field of health, food, agriculture and environmental protection. India's biotechnology industry is poised to record substantial growth, perhaps even overtake the robust IT industry. The objectives of the study are to determine the existing HR practices in Biotech Industry and to understand the need for the up gradation in existing HR Policies. Conclusive and descriptive research design has been used. Data is collected from 122 employees in 23 companies of Biotech Industry. It was found that Biotechnology companies require managers with unique qualities. The lack of solid managerial training and the associated risk of failure often have long-term consequences for the careers of research professionals. The efforts to achieve excellence through a focus on learning, quality, teamwork, and reengineering are driven by the way organizations get things done and how they treat people. Biotech industry is trying to establish itself in India for last one decade but is not showing any phenomenal growth because they still do not valuing their human resource as much they should be.

공공도서관 경제적 가치 측정에 관한 연구 - 대출 서비스를 중심으로 - (A Study on the Measuring of the Economic Value of a Public Library)

  • 표순희
    • 한국문헌정보학회지
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    • 제40권2호
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    • pp.243-261
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    • 2006
  • 최근 다양한 방법들이 공공도서관 가치 측정에 적용되고 있다. 이 연구에서는 공공도서관 가치 측정 방법을 소비자 잉여와 조건부 가치측정법을 중심으로 분석하였다. 또한 이를 이용해 공공도서관이 개인에게 미치는 직접적인 경제적 가치를 측정하였다. 84%의 이용자들은 공공도서관이 개인의 생활에 영향을 미치고 있다고 하였으며 한 사람이 도서관 이용을 위해 월 8,270원의 금액을 지불할 의향을 보였다. 도서 대출을 위해서는 1권에 1,470원의 금액을 지불할 의사를 나타냈다. 이를 토대로 추정된 전체 도서관에 대한 경제적 가치는 1/3배, 도서 대출에 대한 개별 서비스의 경제적 가치는 3배로 분석되어 측정 대상에 따라 큰 차이를 나타냈다.

Valuing Ecotourism in Palutungan Resort, Gunung Ciremai National Park, Indonesia

  • Adi, Saputra Nur;Lee, Don Koo;Park, Joowon;Lee, Yohan
    • Journal of Forest and Environmental Science
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    • 제32권4호
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    • pp.344-352
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    • 2016
  • In this paper, we conducted an empirical study on the economic value of Palutungan Resort, Gunung Ciremai National Park (Indonesia), using an individual travel cost method. Gunung Ciremai is the highest mountain in West Java Province which has high biodiversity and constitutes the home range of the endangered species, Nisaetus bartelsi and leopards. Using the individual travel cost method, we estimated the annual consumer surplus of ecotourism for Palutungan Resort to be approximately $19, while its total economic value was $0.23 million. However, Palutungan Resort does not benefit exclusively, because the total economic value is divided diversely among the central government (non-tax revenue), local government (taxes), and local communities, while the transportation agencies, retailers, and gas station companies also reap some valuable benefits. In regard to the benefit allocation, all of the associated parties should participate in the conservation and preservation of natural resources in Palutungan Resort to improve the ecotourism services.

Personality-Culture Interaction as a Predictor of Emotion Suppression on Facebook

  • Kim, Jinhee;Stavrositu, Carmen D.
    • 감성과학
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    • 제24권4호
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    • pp.91-106
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    • 2021
  • Although personality and culture have been employed as independent predictors of emotion regulation, less is known about the interplay between them. Thus, the present study tests their interaction by focusing on the match between personality (public self-consciousness) and culture (valuing independence vs. interdependence) in modulating an emotion regulation strategy, namely, emotion suppression, on Facebook. Furthermore, relationship concern related to the expression of positive and negative emotions on Facebook is explored as a potential underlying mechanism. An online survey on Facebook users in the United States (n = 320) and South Korea (n = 336) was conducted through two professional survey companies. The results revealed that the positive association between public self-consciousness and emotion suppression was stronger among respondents who value interdependence (vs. independence), which led to a significant interaction between the two predictors. Furthermore, public self-consciousness was associated with emotion suppression through relationship concern for the expression of positive, but not negative, emotions. Furthermore, this mediated relationship was stronger among respondents who value interdependence (vs. independence). Lastly, the study discussed the importance of exploring the interplay between personality and culture and the implication of dialectic emotions.

말기 암환자의 체험에 관한 현상학적 연구 (Lived Experience of patients with Terminal Cancer : Parses Human Becoming Methodology)

  • 이옥자
    • 대한간호학회지
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    • 제25권3호
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    • pp.510-537
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    • 1995
  • Human health is an integral part of experience in the process of Human Becoming. Through continual interaction with the environment human beings freely choose experience and develop as responsible beings. The process of the health experience of patient with terminal cancer is a unique. he objective of this study is to understand the lived experience of patients with terminal cancer in order to provide basic information for nursing care in the clinical setting and to develop a theoretical background for clinical practice. This study is to de-scribe and define the lived experience of patients with terminal cancer in order to provide a foundation for nursing research and education. Data collection has been done between December 1993 and November 1994. The subjects included five persons -four females and one male : one who was in her sixties, one in his fifties, two in their forties, and one who was in her thirties. The researcher has met with these patients 35 times, but at eight times the patient was in a stuporous condition and not able to participate, so these were not included in the data analysis. Parse's "Human Becoming Methodology", an existential phenomenological research methodology is used for this study. Data has been collected using he dialogical engagement process of "I and You", the participant researcher and the participant subject. Dialogical engagement was discontinued when the data was theoretically saturated. Data was analyzed using the extraction - synthesis and heuristic interpretation. The criteria of Guba and Lincoln(1985). and Sandelo wski(1986) : credibility, auditability, fitness and objectivity were used to test the validity and reliability of the data. The following is a description of the structure of the lived experience of patients with terminal cancer as defined by this study : 1. Structure : 1) Suffering through the reminiscence of past experience 2) The appearance of complex emotions related to life and connectedness 3) The increasing importance of significant people and of the Absolute Being 4) The increasing realization of the importance of health and belief 5) Desire for a return to health and a peaceful life or for acceptance of dying and a comfortable death In summary the structure of the lived experience of these patients can be said to be : suffering comes through reminiscence of past experience, and there are complex emotions related to life and connectedness. Significant people and the Absolute Being become increasingly important along with a realization of the importance of health and faith. And finally there is a desire for either a return to health and a peaceful life or for the acceptance of dying and a comfortable death. 2. Heuristic Interpretation : Using Parse's Human Becoming Methodology, the structure of the lived experience of patients with terminal cancer identified in this research is interpreted as. The lived experience of patients with terminal cancer involves the solving of past conflicts, and the experience of the healing and valuing of sorrow and pain. Through the relation of life and health, and the complex emotions that arise, the lived experience of revealing - concealing is of paradoxical emotions. The increasing importance of significant others and of the Absolute Being shows Connecting and Separating an on- going process of nearness and farness. Revision of thoughts about health and faith is interpreted as transforming and desire for restoration to health and a peaceful life or acceptance of dying and a cowfortable death, as powering. In summary, it is possible to see, in the lived experience of patients with terminal cancer, the relationship of the five concepts of Parse's theory : valuing, revealing -concealing, connecting-separating, transforming, and powering. From Parse's theory, the results of this study show that meaning is related to valuing, rhythmicity to revealing-concealing and connect-ing-separating, and cotranscendence to transforming and powering.

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