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This volume discusses Korea's role as a middle power in the midst of the 21st century global power shift. Focusing on Korea's middle power diplomacy from the perspective of coalition building, the book discusses structural factors that shape middle power strategy and diplomacy. Written by leading Korean researchers, the chapters use diverse methodologies to offer a range of perspectives on Korea's place in the developing global order. Topics discussed include South Korea's approach to technology policy in the midst of US-China cyber competition, the East Asian 'Thucydides Trap', MITKA and middle power diplomacy, Korea's role in the South China Sea dispute, and South Korean cyber security. Providing a unique treatment of middle power opportunities and motivations in the East Asia region, this volume will be of interest to students and scholars of international relations, Asian politics, diplomacy, security studies, and global governance.
This book offers an introduction to wavelet theory and provides the essence of wavelet analysis - including Fourier analysis and spectral analysis; the maximum overlap discrete wavelet transform; wavelet variance, covariance, and correlation - in a unified and friendly manner. It aims to bridge the gap between theory and practice by presenting substantial applications of wavelets in economics and finance.This book is the first to provide a comprehensive application of wavelet analysis to financial markets, covering new frontier issues in empirical finance and economics. The first chapter of this unique text starts with a description of the key features and applications of wavelets. After an overview of wavelet analysis, successive chapters rigorously examine the various economic and financial topics and issues that stimulate academic and professional research, including equity, interest swaps, hedges and futures, foreign exchanges, financial asset pricing, and mutual fund markets.This detail-oriented text is descriptive and designed purely for academic researchers and financial practitioners. It assumes no prior knowledge of econometrics and covers important topics such as portfolio asset allocation, asset pricing, hedging strategies, new risk measures, and mutual fund performance. Its accessible presentation is also suitable for post-graduates in a variety of disciplines - applied economics, financial engineering, international finance, financial econometrics, and fund management. To facilitate the subject of wavelets, sophisticated proofs and mathematics are avoided as much as possible when applying the wavelet multiscaling method. To enhance the reader's understanding in practical applications of the wavelet multiscaling method, this book provides sample programming instruction backed by Matlab wavelet code.
This volume discusses Korea’s role as a middle power in the midst of the 21st century global power shift. Focusing on Korea’s middle power diplomacy from the perspective of coalition building, the book discusses structural factors that shape middle power strategy and diplomacy. Written by leading Korean researchers, the chapters use diverse methodologies to offer a range of perspectives on Korea’s place in the developing global order. Topics discussed include South Korea’s approach to technology policy in the midst of US-China cyber competition, the East Asian ‘Thucydides Trap’, MITKA and middle power diplomacy, Korea’s role in the South China Sea dispute, and South Korean cyber security. Providing a unique treatment of middle power opportunities and motivations in the East Asia region, this volume will be of interest to students and scholars of international relations, Asian politics, diplomacy, security studies, and global governance.
Inspired by the remarkable locomotion capabilities illustrated by animals across land, sea and air, robotics engineers have strived for decades to achieve similar dynamic locomotion capabilities in legged machines. Learning from animals' compliant structures and ways of utilizing them, engineers have developed numerous novel mechanisms that allow for more dynamic, more efficient legged systems. These newly emerging robotic systems possess distinguishing mechanical characteristics in contrast to manufacturing robots in factories and pave the way for a new era of mobile robots to serve our society. Realizing the full capabilities of these new legged robots is a multi-factorial research problem, requiring coordinated advances in design, control, perception, state estimation, navigation and other areas. Design of Dynamic Legged Robots focuses on the mechanical design of legged robots. It introduces the topic by looking at the history of legged robots, taking us up to the dynamic legged machines that are today pushing the boundaries of speed and performance through advances in materials, design, and control. It goes on to discuss some of the main challenges to actuator design in legged robots and discusses a recently developed technology called proprioceptive actuators in order to meet the needs of today's legged machines. It proceeds to discuss philosophical perspectives on designing for energetic efficiency, a critical aspect of legged robot design. The penultimate chapter discusses trends in leg design and presents a case study using principles from observations in biology to design a leg for the MIT Cheetah robot, and concludes with a summary of future directions and applications.
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