• ALGAE
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• v.18 no.2
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• pp.177-181
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• 2003

Variation in seasonal growth, phenology and periodicity in spore shedding in Polysiphonia platycarpa $B{\oslash}rgesen$ occurring on the coast of Visakhapatnam, India, have been described to know the growth behaviour, reproductive periodicity and spore producing capacities. This alga occurs for a short period from December to May in the intertidal region of the Visakhapatnam coast, showing maximum growth during January/February. Tetrasporophytic, carposporophytic and antheridial plants were observed in all months of their occurrence in the field. But the vegetative plants were not seen in January and February and all the plants collected were reproductive. The tetraspore and carpospore shedding was observed during all the six months of their occurrence.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.15 no.1
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• pp.1-17
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• 2011

A new method for option pricing based on the trinomial tree method is introduced. The new method calculates the local average of option prices around a node at each time, instead of computing prices at each node of the trinomial tree. Local averaging has a smoothing effect to reduce oscillations of the tree method and to speed up the convergence. The option price and the hedging parameters are then obtained by the compact scheme and the Richardson extrapolation. Computational results for the valuation of European and American vanilla and barrier options show superiority of the proposed scheme to several existing tree methods.

• Proceedings of the Korean Society of Near Infrared Spectroscopy Conference
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• 2001.06a
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• pp.1051-1051
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• 2001

In 1989, at the 2nd ICNIRS Meeting in Tsukuba, I projected certain directions for NIR technology would take in the future. Among those projections were: (1) An inrush of companies producing FT-NIR instruments. (2) Hybrid NIR Systems (3) Hand-held NIR Technology. All three thrusts have resulted in numerous commercial offerings over the last 12 years Hand-held technology for all fields is growing at an astonishing rate. To date, NIR work at North Carolina State University has produced four (4) hand-held NIR units for: (1) Nicotine and Moisture in tobacco, (2) Vanillin and Moisture in Vanilla Beans, (3) Protein, Moisture and Nitrogen in plant tissue, (4) Chlorophyll and Moisture in Growing Plants: A NIR Spectrometer for Developing Countries. This paper will discuss these developments, including design and performance data.

• Bulletin of the Korean Mathematical Society
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• v.48 no.2
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• pp.413-426
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• 2011

Two types of new methods with variable time steps are proposed in order to valuate binary options efficiently. Type I changes adaptively the size of the time step at each time based on the magnitude of the local error, while Type II combines two uniform meshes. The new methods are hybrid finite difference methods, namely starting the computation with a fully implicit finite difference method for a few time steps for accuracy then performing a ${\theta}$-method during the rest of computation for efficiency. Numerical experiments for standard European vanilla, binary and American options show that both Type I and II variable time step methods are much more efficient than the fully implicit method or hybrid methods with uniform time steps.

• Proceedings of the Korea Information Processing Society Conference
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• 2021.11a
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• pp.651-654
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• 2021

Face anti-spoofing (FAS) techniques play a significant role in the defense of facial recognition systems against spoofing attacks. Existing FAS methods achieve the great performance depending on annotated additional modalities. However, labeling these high-cost modalities need a lot of manpower, device resources and time. In this work, we proposed to use self-transforming modalities instead the annotated modalities. Three different modalities based on frequency domain and temporal domain are applied and analyzed. Intuitive visualization analysis shows the advantages of each modality. Comprehensive experiments in both the CNN-based and transformer-based architecture with various modalities combination demonstrate that self-transforming modalities improve the vanilla network a lot. The codes are available at https://github.com/chenmou0410/FAS-Challenge2021.

• East Asian mathematical journal
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• v.40 no.1
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• pp.63-74
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• 2024

Timer options are financial instruments proposed by Société Générale Corporate and Investment Banking in 2007. Unlike vanilla options, where the expiry date is fixed, the expiry date of timer options is determined by the investor's choice, which is in linked to a variance budget. In this study, we derive a pricing formula for hybrid options that combine timer options, digital options, and power options, considering an environment where volatility of an underlying asset follows a fast-mean-reverting process. Additionally, we aim to validate the pricing accuracy of these analytical formulas by comparing them with the results obtained from Monte Carlo simulations. Finally, we conduct numerical studies on these options to analyze the impact of stochastic volatility on option's price with respect to various model parameters.

• The Korean Journal of Financial Management
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• v.27 no.2
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• pp.85-114
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• 2010

Using the financial institutions that have adopted performance-based stock option plan, this paper examines whether performance-based executive stock options improves effectively firm value. Over the period 2002~2005, we investigate short-term and long-term effects of the performance-based stock options on stock price. The empirical results are summarized as follows. First, the announcement of plain vanilla stock options generates no significant effects on firm value. Meanwhile, the announcement of performance-based stock options results in negative and significant abnormal returns, which is contrary to the expectation. In addition, we find that there are strong, significant and negative announcement effects when banks grant performance-based stock options. Secondly, there is no significant difference between the long-term performance of the sample granting stock options and that of the benchmarks, which is similar to the findings of the previous research. Also, we fail to get any evidence that performance-based stock option awards have improved the long-term firm value.

• Journal of Nutrition and Health
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• v.9 no.2
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• pp.54-58
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• 1976

Inadequacy of riboflavin intake among Koreans had been pointed out repeatedly in most dietary and nutritional surveys in Korea. The consumption rate of dairy products has been increasing markedly in recent years. Milk and milk products are known to be a good source of the vitamin which can easily be destroyed by the sunlight. Total riboflavin content of the pasteurized and homogenized milk, both plain and flavored, and the milk products were measured by the Lumiflavin method. It ranged from $62.4{\mu}g$ riboflavin per 100g of homogenized milk to $195.9{\mu}g$ for vanilla flavored ice cream. In general milk products in the form of cream contained about three times as much riboflavin as plain milk. The rates of destruction of riboflavin in chocolate milk and white milk in clear glass bottle and in polyethylene pack were different when measured in 30 min intervals after exposure to bright sunlight for two hours. In the case of the plain milk, the riboflavin content decreased rapidly and remained only about a quarter of the initial value within an hour of the exposure period. The destruction rate slowed down after the first hour of the exposure and resulted about 90% destruction of riboflavin in two hours. The chocolate milk however exhibited a protective effects of the riboflavin from the sunlight. It retained 65% of the initial riboflavin after an hour of the exposure to sun and 55% ofter two hours. Two most widely used milk containers, clear glass bottle and polyethylene pack were about equally affected by the sunlight.

• Journal of the Korean Society of Tobacco Science
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• v.35 no.1
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• pp.20-27
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• 2013

An Electronic Nose(E-Nose) and Gas Chromatography/Mass Spectroscopy (GC/MS) are meanwhile conventional technique to analyze volatile materials in many industries (e.g., food, medicine, environment) and have broad acceptance in the analysis of tobacco products. In this study, an experiment where tin oxide gas sensor array responses and GC/MS profiles are used to characterize the volatile compounds of different cigarettes at the same time is performed and the measurements of two instruments are compared for cigarette samples with a known chemical information. E-Nose and GC/MS were employed to differentiate and match flavored cigarettes with commercial tobacco flavoring agents (lavender, vanilla, peppermint, orange, star anise). For verifying reliability of two systems, the analyses were conducted in terms of amount of flavors in each cigarettes using partial least squares (PLS) and with the principal components analysis (PCA). Various chemical sensors and GC/MS data was reduced into two principal factors (PC1, PC2) for being distinguished with visualized regions. Both systems provided adequate results for odor characteristics of cigarettes in this study with each instrument having its own advantages and disadvantages.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.20 no.2
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• pp.163-174
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• 2016

In this paper, we propose an optimal choice scheme to determine the best option among comparable options whose current expectations are all the same under the condition that an investor has a confidence in the future value realization of underlying assets. For this purpose, we use a path-averaged option as our base instrument in which we calculate the time discounted value along the path and divide it by the number of time steps for a given expected path. First, we consider three European call options such as vanilla, cash-or-nothing, and asset-or-nothing as our comparable set of choice schemes. Next, we perform the experiments using historical data to prove the usefulness of our proposed scheme. The test suggests that the path-averaged option value is a good guideline to choose an optimal option.