• Title/Summary/Keyword: life settlement

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The effect of life insurance settlement on insurance market and consumer welfare

  • Hong, Jimin
    • Communications for Statistical Applications and Methods
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    • v.27 no.6
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    • pp.689-699
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    • 2020
  • This study investigates the effect of life settlement on the monopolistic insurance market. In particular, we consider liquidity cost, which is the cost incurred to the insurer to meet the request of surrender, and trading cost, which is the transaction cost of the policyholders for the settlement. We first show that the introduction of a life settlement can increase insurance demand and enhance consumer welfare even when the trading cost is higher than the liquidity cost. That is, even if the settlement market is less efficient than the insurance market, both insurance demand and consumer welfare can be increased. Second, the insurer's profit can also be increased when settlement is introduced because not only can the insurer save the liquidity cost but also the demand of insurance increases. Lastly, insurance demand does not always decrease when both costs increase. Depending on the population distribution over the liquidity risk, the demand of insurance can be increased or decreased.

The Mediating Effect of the Satisfaction with Life in the Influence of the Perception of Physical Environment Characteristics on the Settlement Consciousness of the Elderly (거주지역의 물리적 환경특성에 대한 인식이 고령자의 정주의식에 미치는 영향에서의 삶의 만족도의 매개효과)

  • Kim, Soo-Young;Oh, Chan-Ohk;Moon, Kyung-Joo
    • Journal of the Korean housing association
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    • v.28 no.3
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    • pp.35-43
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    • 2017
  • This study purposes to examine direct effects of the physical environments and indirect effects of the satisfaction with life on the settlement consciousness of the aged, using the raw data of 2015 Busan Social Survey. The 5,324 cases were selected from the raw data of those more than 65 years old. The results were as following: (1) When age, spouse with/without, diseases with/without, length of residence, and number of communicating persons were controlled, the satisfaction with housing, the number of cultural facilities, and public transportation availability affected directly on the settlement consciousness of the aged, but the levels of the satisfaction with the number of parks were not directly correlated with it. (2) The satisfaction with housing and public transportation affected indirectly on the settlement consciousness through the satisfaction with life. That is, the satisfaction with life had mediating effects on the two variables. (3) The satisfaction with parks did not affect directly on the settlement consciousness, but it affected on the settlement consciousness through the satisfaction with life. That is, the satisfaction with life shows the complete mediating effects on the settlement consciousness. These results imply that the physical environments such as housing, cultural facilities, public transportation affect on the aged's settlement consciousness so that they should be age-friendly.

Effects of temperature and salinity on egg development and larval settlement of an invasive ascidian species, Herdmania momus (Savigny, 1816)

  • Park, Juun;Lee, Yun-Sik;Kim, Donghyun;Shin, Sook
    • Korean Journal of Environmental Biology
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    • v.38 no.4
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    • pp.625-633
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    • 2020
  • The effects of temperature and salinity on egg development and settlement of the ascidian Herdmania momus were investigated. Adult specimens were collected from the Dodu Yacht facility in Jeju Island, Korea(33°30'30.54"N, 126°27'55.46"E) in August 2018. Egg development and larval settlement were observed and recorded at 8 h intervals using a stereomicroscope, under nine temperature (10, 13, 16, 19, 22, 25, 28, 31, and 34℃), and four salinity regimens (28, 30, 32, and 34 psu). The highest hatching rate (82.8±7%) was observed at 32 psu and 25℃ and the lowest hatching rate (1.0±2%) was at 34 psu and 13℃. The developmental rate (0.222±0.0994) was highest at 28 psu and 28℃, and lowest (0.016±0.008) at 30 psu and 13℃. The highest settlement success rate (77.1±5%) was at 32psu and 25℃ and the lowest(0.1±1.0%) was at 30psu, and 13℃. The rate of settlement(0.080±0.000) was highest at 28psu and 28℃, and lowest(0.013±0.000) at 30psu and 13℃. Both hatching and settlement success rates increased as temperature increased and tended to decrease beyond an optimal temperature range. Herdmania momus preferred 30-34 psu salinity and 22-25℃ temperature. This study provides baseline information about the life history of H. momus, and important data to control the damage caused by the increase in number and distribution of this invasive ascidian.

A Study on the Form of Settlement in Bronze Age Based on Jangheung Sinpoong-ri Site (장흥(長興) 신풍리(新豊里) 청동기시대(靑銅器時代) 취락(聚落)의 정주형식(定住形式)에 관한 연구(硏究))

  • Shin, Sang-Hyo;Cheon, Deuk-Youm
    • Journal of the Korean housing association
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    • v.18 no.1
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    • pp.73-81
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    • 2007
  • Remains of settlement are important sources of information in understanding the life style of the time and restoring it. This paper analyzed and studied the residential lives of the time including location of settlement, form and size, interior and change patterns based on Jangheung Sinpoong-ri Site. This study will have a meaning in that it deals with settlement in community well beyond the scope of previous studies which focused on settlement in small sizes and is expected to be a principle one about human residential structure.

A Cross-Cultural Study on Settlement and Dwelling System for a Theoretical Interpretation of Architecture (정주체계(定住體系)에 관한 비교문화적(比較文化的) 해석(解釋)을 통하여 본 건축이론에 관한 연구)

  • Lee, Sang-Hae
    • Journal of architectural history
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    • v.1 no.1 s.1
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    • pp.267-281
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    • 1992
  • This study maintains that settlement and dwelling system reflects socio-cultural value of the people to express their image of ideal-life and intrinsic way of life. To demonstrate it, the study is conducted on a cross-cultural perspective. Through the study, it is shown that the character and content of the settlement and dwelling system is largely generated by the result of a choice among possible alternatives, which provides the theoretical base of the settlement and dwelling system.

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Determinants of Demand for Residential Settlement in Rural Society Based on Depopulation Classification (과소화유형에 따른 농촌사회 정주수요 분석)

  • Lee, Hee-Chan;Kim, Hyun
    • Journal of Korean Society of Rural Planning
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    • v.15 no.1
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    • pp.61-71
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    • 2009
  • The objective of this research was to analyze the determinants of demand for residential settlements in rural societies. A significant aspect of the demand analysis was to consider depopulation classification as a moderating variable with a view to its role as an essential dividing factor of socioeconomic characteristics and physical environments of the areas of concern. The data collection for analysis was divided according to types of depopulation into the three categories of less developed, stagnated, and developed areas. For the cause and effect analysis between the residential demand and factors of settlement, the ordered probit model was applied. Significant determinants of settlement demand unfolded according to depopulation types. In the case of less developed areas, residential demand was affected significantly by the factors of daily life convenience and public facilities. Key settlement demand determinants of stagnated regions included the aspects of basic natural environment, daily life convenience and education. Meanwhile, key settlement demand determinants for developed areas included education and agriculture economic aspects. The importance-performance analysis was also applied to a set of settlement characteristics of rural communities to figure out the settlement factors requiring urgent endeavor to improve.

Study on the Application of Press in Steel Pipe Pile for Restoring Building of different settlement (부동침하 건축물 복원을 위한 압입강관파일 공법 현장 적용에 관한 연구)

  • Sin, Jae-Kwon;Lee, Hee-Seok;Sho, Kwang-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.11a
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    • pp.85-86
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    • 2015
  • Recently, As the high rise buildings have been demanded due to the rising current of land price, the permanent drainage method have been applied during and after the construction as a way to reduce the buoyancy acting on the bottoms of the foundations in the basement. This method has brought about the consolidation subsidence of the ground and turned out to be the problems of sinking hole and foundation re-settlement. The representative methods to be used for extending the life cycle of the existing building structure which is tilted by the foundation re-settlement or differential settlement of the foundation can be divided into the building structures reinforcement and soil reinforcement. The purpose of this study is to analyze and present the application example of steel pipe pile method to extend the life cycle of the six -stories building tilted in a soft ground.

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Effects of Amino Acids on Larval Settlement and Metamorphosis in Haliotis discus hannai

  • Kang, Kyoung-Ho;Kim, Byoung-Hak;Kim, Jae-Min;Kim, Young-Hun
    • The Korean Journal of Malacology
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    • v.19 no.2
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    • pp.95-106
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    • 2003
  • The compositions of amino acid in 6 monocultured benthic diatoms used in aquaculture of Haliotis discus hannai were analyzed, and effects of 15 artificial synthetic amino acids on the settlement and metamorphosis of H. discus hannai larvae. Results showed that the content of L-aspartic acid was highest in all diatoms, and that of L-glutamic acid was second high. In experiment using settlement slat without benthic diatom attached, the highest settlement rate (33.3 ${\pm}$ 8.8%) was obtained with L-glutamic acid, and a higher value (16.7 ${\pm}$ 3.3%) was found with L-aspartic acid at 24 h after experimental commencement, compared to that of control (8.6 ${\pm}$ 5.1%). 80 h later the metamorphosis rates of L-glutamic acid (86.7 ${\pm}$ 10.7%) and L-aspartic acid (80.0 ${\pm}$ 3.3%) groups were higher than control group(0) and other amino acids significantly. The response rate of L-glutamic acid was the highest (62.0%), and those of L-aspartic acid (30.0%) and L-threonine (25.3%) groups were also significantly higher than control group. In the experiment using settlement slat with benthic diatom attached, the best effect of various amino acids on induction of larval settlement was obtained with L-glutamic (82.0 ${\pm}$ 6.9%) and L-aspartic acid (78.7 ${\pm}$ 5.1%) at 24 h after experimental commencement. The settlement rates of L-histidine, L-leucine, L-lysine, L-methionine, L-phenylalanine, and L-tyrosine groups were significantly lower than control group. The same differences in the metamorphosis rate at 56 h after experimental commencement and in the response rate were found. It should be noted that after 80 h the metamorphosis rates of L-histidine (74.0 ${\pm}$ 12.0%) and L-lysine (87.0 ${\pm}$ 8.8%) declined rapidly compared to those of 56 h (8.0 ${\pm}$ 12.0%; 7.7 ${\pm}$ 12.0%).

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Development of a Web-based Information System for Rural Settlement Environment Diagnosis (웹기반의 농촌정주환경진단 정보시스템 개발)

  • Bae, Seung-Jong;Kim, Dae-Sik;Kim, Tae-Gon
    • Journal of Korean Society of Rural Planning
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    • v.16 no.3
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    • pp.117-129
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    • 2010
  • The purpose of this paper is to develop a web-based information system for rural settlement environment diagnosis which is useful to apply the village based evaluation for new rural development projects. To achieve this purpose, this study performed : 1) analyzing the business process in the field of rural settlement environment diagnosis, 2) designing the data flow diagram and the database based on settlement environment diagnostic indices(SEDI), and 3) developing the system using APM (Apache, PHP, and MySQL) of web-system development environment. The developed system was applied to the study rural villages for testing of efficient and logical working. Users of the system, such as, researchers, decision makers, and rural residents, can input directly the village data to diagnose through a file format of Excel in MS Office. Futhermore, they can analyze the visual results with graphic and graph types, simultaneously. From the results of this study, it showed that the developed system enables decision-makers not only to assist the planning process of the rural village development project, but also to improve the level of information technology in the research and planning field concerning with rural development.

Factors Relevant to Life Satisfaction of Female Caregivers for the Elderly: Focused on Long-Term Care Insurance Settlement (노인 돌봄여성의 생활만족도 영향 요인: 노인장기요양보험 인정여부를 중심으로)

  • Jeon, Sang-Nam;Shin, Hak-Gene
    • The Korean Journal of Health Service Management
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    • v.8 no.4
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    • pp.187-197
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    • 2014
  • The purpose of this study was to examine the influence of long-term care insurance(LTCI) settlement on life satisfaction of female caregivers for the elderly. In September of 2013, we conducted a survey of 300 female subjects over 65 years old living in Jeonju. For empirical verification, ${\chi}^2$, t-test and regression under control of socio-economic variables were applied to determine whether LTCI settlements changed the level of life satisfaction of female caregivers. First, the results showed that caregivers who were not covered by LTCI had higher healthy life satisfaction than those covered with LTCI. Second, life satisfaction of female caregivers is higher when income and education levels are higher. Third, LTCI settlement did not affect five sub factors of caregivers' life satisfaction. The results suggested that LTCI policy should cover not only the insured but also caregivers'physical and mental aspects.