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Research Collection Lee Kong Chian School Of Business

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2003

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Articles 31 - 60 of 63

Full-Text Articles in Business

Antecedents Of Consumer Trust In B-To-C Electronic Commerce, Dan J. Kim, Donald L. Ferrin, H. Raghav Rao Aug 2003

Antecedents Of Consumer Trust In B-To-C Electronic Commerce, Dan J. Kim, Donald L. Ferrin, H. Raghav Rao

Research Collection Lee Kong Chian School Of Business

Despite the importance of trust in electronic commerce, there is insufficient theory and evidence concerning the determinants of consumer trust about an Internet vendor’s trustworthiness, and the influence of consumer trust on the consumer’s purchasing intention. The purpose of this study is to: i) develop a theoretical framework identifying the antecedents of a consumer’s trust and purchase intention, ii) test the proposed model using Structural Equation Modeling, analyzing Internet consumer behavior data collected via a Web survey, and iii) provide theoretical and managerial implications. The results of the study show that consumers’ disposition to trust, privacy protection, security protection, consumers’ …

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Transborder Industrialization And Singapore's 'Clones' In Indonesia, China And Vietnam: A Strategy Reconsidered, Caroline Yeoh, Chee Sin Koh, Julian Ching Wei Wee Jul 2003

Transborder Industrialization And Singapore's 'Clones' In Indonesia, China And Vietnam: A Strategy Reconsidered, Caroline Yeoh, Chee Sin Koh, Julian Ching Wei Wee

Research Collection Lee Kong Chian School Of Business

The idea of exporting Singapore’s expertise in infrastructure development took hold, in the early 1990s, as part of a larger regionalization strategy. Singapore’s positive reputation with multinational corporations for the efficiency of its industrial infrastructure and its stable, corrupt-free investment environment underscored this strategy. Led by Singapore’s government-linked companies, industrial parks were established in several Asian countries. Their progress is a test of Singapore’s ability to export its efficiency in industrial park development and management outside its borders. This paper finds that the initial optimism with which the flagship projects were unveiled has not been justified.

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Creating An Environment For Enterprise: The Singapore Experience In East Asia, Caroline Yeoh, Charmaine Jialing Cai, Chee Sin Koh Jul 2003

Creating An Environment For Enterprise: The Singapore Experience In East Asia, Caroline Yeoh, Charmaine Jialing Cai, Chee Sin Koh

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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Regionalization And Transborder Industrialization: Singapore's Industrial Parks In China And Vietnam Examined, Caroline Yeoh, Aik Kee Neo, Clare Lee Jul 2003

Regionalization And Transborder Industrialization: Singapore's Industrial Parks In China And Vietnam Examined, Caroline Yeoh, Aik Kee Neo, Clare Lee

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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Maturity Effect On Bid-Ask Spreads Of Otc Currency Options, Beng Soon Chong, David K. Ding, Kok Hui Tan Jul 2003

Maturity Effect On Bid-Ask Spreads Of Otc Currency Options, Beng Soon Chong, David K. Ding, Kok Hui Tan

Research Collection Lee Kong Chian School Of Business

The paper ascertains the relation between bid-ask spreads and the contract maturity of OTC currency options. Contrary to previous findings in the futures market, spreads of currency options are found to be negatively related to the contract's term-to-maturity. The negative relation persists even after controlling for the effects of price risks, competition, and trading activity. The pronounced differences in the term-to-maturity results are attributable to the market risk effect and differences in the market structure of options and futures markets.

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Spread, Depth, And Order Flow Patterns Of Warrants And Their Underlying Stocks On The Stock Exchange Of Thailand, Charlie Charoenwong, Nuttawat Visaltanachoti, David K. Ding Jul 2003

Spread, Depth, And Order Flow Patterns Of Warrants And Their Underlying Stocks On The Stock Exchange Of Thailand, Charlie Charoenwong, Nuttawat Visaltanachoti, David K. Ding

Research Collection Lee Kong Chian School Of Business

This study compared the trading characteristics of warrants and their underlying stocks. The Stock Exchange of Thailand provided a good platform for comparing the trading characteristics of warrants and their underlying stocks because both these securities are traded in the same market venue and have identical trading rules. Hence, the impact of trading protocol on intraday variation and an informed trader's decision to buy warrants or stocks was controlled. The paper found that they have a similar downward sloping pattern of spreads, adverse selection component, and liquidity immediacy, U-shaped for volatility and trading volume, and upward-sloping for depth and market …

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Omission Bias In Vaccination Decision: Where's The "Omission"? Where's The "Bias"?, Terry Connolly, Jochen Reb Jul 2003

Omission Bias In Vaccination Decision: Where's The "Omission"? Where's The "Bias"?, Terry Connolly, Jochen Reb

Research Collection Lee Kong Chian School Of Business

Several studies have reported that parents are often reluctant to vaccinate their own or other people's children, even when the balance of health risks and benefits clearly favors vaccination. This reluctance has been interpreted as a manifestation of omission bias, a general tendency to prefer inactive to active options even when inaction leads to worse outcomes or greater risks. The research raises significant public health concerns as well as worries about human decision biases in general. In this paper we argue that existing research on vaccination decisions has not convincingly demonstrated any general reluctance to vaccinate nor has it made …

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Asian Hedge Funds: Return Persistence, Style, And Fund Characteristics, Francis Koh, Winston T. H. Koh, Melvyn Teo Jun 2003

Asian Hedge Funds: Return Persistence, Style, And Fund Characteristics, Francis Koh, Winston T. H. Koh, Melvyn Teo

Research Collection Lee Kong Chian School Of Business

This study explores the return persistence properties, styles, and fund characteristics of hedge funds that mainly invest in Asia. We examine, for the first time, a high resolution hedge fund dataset which includes monthly return information as well as detailed fund characteristics data. We find that the returns of Asian hedge funds persist most strongly at monthly horizons to quarterly horizons. This persistence weakens considerably when we lengthen the measurement period beyond a quarter, and does not appear to be due to the imputation of fees or to systematic risk as measured by a simple factor model. Further, we show …

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Reactions To Perceived Inequity In U.S. And Dutch Interorganizational Relationships, Lisa K. Scheer, Nirmalya Kumar, Jan-Benedict E. M. Steenkamp Jun 2003

Reactions To Perceived Inequity In U.S. And Dutch Interorganizational Relationships, Lisa K. Scheer, Nirmalya Kumar, Jan-Benedict E. M. Steenkamp

Research Collection Lee Kong Chian School Of Business

In an empirical examination of inequity in interorganizational relationships, we found similarities and differences in Dutch and U.S. automobile dealers' reactions to inequity in their relationships with their automobile suppliers. As predicted by equity theory, both positive and negative inequity have detrimental effects on the reactions of Dutch firms. In contrast, U.S. firms do not react negatively to positive inequity; only negative inequity has deleterious effects.

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When Does An Idea Become An Innovation? The Role Of Individual And Group Creativity In Videogame Design, Feichin, Ted Tschang Jun 2003

When Does An Idea Become An Innovation? The Role Of Individual And Group Creativity In Videogame Design, Feichin, Ted Tschang

Research Collection Lee Kong Chian School Of Business

In between creativity studies of idea generation and knowledge management studies of the codification and transmission of knowledge are a fuller set of cognitive activities, including problem-solving and creative impulses. This paper examines the case of designers in the US videogame industry to develop a set of frames for determining how their ideas come about, how ideas are transformed in the process of product development, and when different models of organizing innovation are efficacious. It is found that different types of creativity are used in game design, that sometimes the individual is more influential, but that in many cases, the …

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Predicting Cross-Cultural Training Performance: The Validity Of Personality, Cognitive Ability, And Dimensions Measured By An Assessment Center And A Behavior Description Interview, Filip Lievens, Michael M. Harris, Etienne Van Keer, Claire Bisqueret Jun 2003

Predicting Cross-Cultural Training Performance: The Validity Of Personality, Cognitive Ability, And Dimensions Measured By An Assessment Center And A Behavior Description Interview, Filip Lievens, Michael M. Harris, Etienne Van Keer, Claire Bisqueret

Research Collection Lee Kong Chian School Of Business

This study examined the validity of a broad set of predictors for selecting European managers for a cross-cultural training program in Japan. The selection procedure assessed cognitive ability, personality, and dimensions measured by assessment center exercises and a behavior description interview. Results show that the factor Openness was significantly related to cross-cultural training performance, whereas. cognitive ability was significantly correlated with language acquisition. The dimensions of adaptability, teamwork, and communication as measured by a group discussion exercise provided incremental variance in both criteria, beyond cognitive ability and personality. In general, these results are consistent with the literature on domestic selection, …

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Transborder Industrialization And Singapore's Regionalization Strategy: Singapore's Industrial Parks In Indonesia And China - Boom, Bane Or An Ongoing Game?, Caroline Yeoh, Charmaine Jialing Cai, Julian Ching Wei Wee Jun 2003

Transborder Industrialization And Singapore's Regionalization Strategy: Singapore's Industrial Parks In Indonesia And China - Boom, Bane Or An Ongoing Game?, Caroline Yeoh, Charmaine Jialing Cai, Julian Ching Wei Wee

Research Collection Lee Kong Chian School Of Business

Singapore’s regionalization program is centred on a number of industrial township developments in China, India and several Southeast Asian countries. These townships are led by Singapore government-linked companies and are premised on the perception that Singapore’s positive reputation with multinational corporations, for efficient industrial infrastructure and stable, corrupt-free administration, will give the townships a marketing advantage. Their progress is a litmus test of Singapore’s ability to export its efficiency in industrial park development and management outside its borders. This paper discusses the origins and progress of the four largest and most advanced townships, two in Indonesia and two in China. …

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The Quality Of Analysts Earnings Forecasts During The Asian Crisis: Evidence From Singapore, Roger Loh, Mujtaba Mian Jun 2003

The Quality Of Analysts Earnings Forecasts During The Asian Crisis: Evidence From Singapore, Roger Loh, Mujtaba Mian

Research Collection Lee Kong Chian School Of Business

Examines the efficiency of security analysts' earnings forecasts in Singapore. Regression of actual earnings change on forecasted change; Extremism in forecasted change; Impact of business crisis on the quality of earnings forecasts.

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Privacy And Attitudes Towards Internet-Based Selection Systems: A Cross-Cultural Comparison, Michael M. Harris, Greet Van Hoye, Filip Lievens Jun 2003

Privacy And Attitudes Towards Internet-Based Selection Systems: A Cross-Cultural Comparison, Michael M. Harris, Greet Van Hoye, Filip Lievens

Research Collection Lee Kong Chian School Of Business

This paper examines perceptions of privacy and how they relate to reluctance to submit employment-related information over the Internet. In addition, possible cross-cultural differences between the US and Belgium regarding these constructs and the role of Internet knowledge are investigated. Based on theories of privacy and cross-cultural differences, a survey methodology was applied to test several hypotheses. Results suggest that privacy considerations may affect reluctance to use an Internet-based selection system. Moreover, as expected, some differences were observed between US and Belgian respondents. Respondents possessing a higher self-rated knowledge of the Internet were less concerned that employment-related data submitted over …

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Creating Competitive Advantage In The Global Marketplace: The Singapore Experiment In East Asia, Caroline Yeoh, Julian Ching Wei Wee, James Chan Jun 2003

Creating Competitive Advantage In The Global Marketplace: The Singapore Experiment In East Asia, Caroline Yeoh, Julian Ching Wei Wee, James Chan

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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Corporate Social Responsibility Reputation Effects On Mba Job Choice, David B. Montgomery, Catherine A. Ramus May 2003

Corporate Social Responsibility Reputation Effects On Mba Job Choice, David B. Montgomery, Catherine A. Ramus

Research Collection Lee Kong Chian School Of Business

In a preliminary study with 279 MBA’s from two European and three North American business schools we find that reputation-related attributes of caring about employees, environmental sustainability, community/ stakeholder relations, and ethical products and services are important in job choice decisions. We use an adaptive conjoint analysis survey tool to discover the relative weighting of a new set of social responsibility job search criteria, including these attributes with traditional job search criteria like financial package, geographical location, etc. In addition, our results show that more than ninety percent of the MBAs in the sample were willing to forgo financial benefits …

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Profits In The Pie Of The Beholder, Daniel Corsten, Nirmalya Kumar May 2003

Profits In The Pie Of The Beholder, Daniel Corsten, Nirmalya Kumar

Research Collection Lee Kong Chian School Of Business

In the early 1990s, grocery suppliers and retailers joined forces to streamline operations - an initiative called "efficient consumer response." Today, suppliers feel like they're not getting their fair share of the profits from ECR. But they stand to lose more if they give up on it, the authors say.

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Applicant Perceptions Of Selection Procedures: The Role Of Selection Information, Belief In Tests, And Comparative Anxiety, Filip Lievens, Wilfried De Corte, Katrien Brysse Mar 2003

Applicant Perceptions Of Selection Procedures: The Role Of Selection Information, Belief In Tests, And Comparative Anxiety, Filip Lievens, Wilfried De Corte, Katrien Brysse

Research Collection Lee Kong Chian School Of Business

This study addresses the effects of the provision of information on the reliability and validity of selection procedures and the effects of test-taker attitudes (i.e., belief in tests and comparative anxiety) on fairness perceptions. Prior to an actual selection process, applicants (N = 118) were given either information about the reliability and validity of various selection procedures or no information. Next, they evaluated the fairness of eight selection procedures. No significant effect of selection information was found. Belief in tests had significant effects, with applicants high on test belief giving higher fairness ratings than applicants low on test belief. In …

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The Relation Of Instrumental And Symbolic Attributes To A Company's Attractiveness As An Employer, Filip Lievens, Scott Highhouse Mar 2003

The Relation Of Instrumental And Symbolic Attributes To A Company's Attractiveness As An Employer, Filip Lievens, Scott Highhouse

Research Collection Lee Kong Chian School Of Business

This study adds a new marketing-based angle to the study of the attractiveness of organizations in the early stages of the recruitment process. Drawing on the instrumental-symbolic framework from the marketing literature, we expected that the meanings (in terms of inferred traits) that prospective applicants associate with employing organizations would play an important role in applicants' attractiveness to these organizations. Two groups of prospective applicants (275 final-year students and 124 bank employees) were drawn from the applicant population targeted by the bank industry. These applicants were asked to rate a randomly assigned bank in terms of job/organizational factors and to …

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Dividend Omissions And Intraindustry Information Transfers, Gary L. Caton, Jeremy Goh, Ninon Kohers Mar 2003

Dividend Omissions And Intraindustry Information Transfers, Gary L. Caton, Jeremy Goh, Ninon Kohers

Research Collection Lee Kong Chian School Of Business

We examine potential information transfers from companies that announce dividend omissions to their industry rivals. Specifically, we examine the abnormal stock returns and abnormal earnings forecast revisions of rivals after a company makes a dividend-omission announcement. Our results show negative and significant abnormal stock returns and negative and significant abnormal forecast revisions for rival companies in response to the announcement, and a significant and positive relation between the two. We conclude that a dividend-omission announcement transmits unfavorable information across the announcing company's industry that affects cash flow expectations and ultimately stock prices.

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A Practical Procedure To Estimate The Quality And The Adverse Impact Of Single-Stage Selection Decisions, Wilfried De Corte, Filip Lievens Mar 2003

A Practical Procedure To Estimate The Quality And The Adverse Impact Of Single-Stage Selection Decisions, Wilfried De Corte, Filip Lievens

Research Collection Lee Kong Chian School Of Business

The quandary posed by the conflicting goals of valid selection and a diverse workforce is one of the most perplexing problems facing the practice of personnel selection today. To help address the issue, the article presents a comprehensive method and a related computer program to estimate the expected adverse impact and the expected quality of the majority, the minority and the total selected work force. Compared to previous related procedures, the present method is much more general as it can address situations with both multiple predictor and multiple criterion dimensions. In addition, the expected effects can be computed given the …

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Stimulating Firm-Specific Investment Through Risk Management, Heli Wang, Jay B. Barney, Jeffrey J. Reuer Feb 2003

Stimulating Firm-Specific Investment Through Risk Management, Heli Wang, Jay B. Barney, Jeffrey J. Reuer

Research Collection Lee Kong Chian School Of Business

This article suggests a rationale for firm risk management that has been largely ignored in financial economics literature. It presents an argument for harnessing the influence of a company’s stakeholders who, whether as employees, suppliers or customers, make a valuable investment specific to the company. Such investments are crucial for a firm’s competitive advantage, yet because they are firm-specific and therefore cannot be transformed or transferred, stakeholders are often concerned about the risks involved in making them. A company’s efforts to manage risk can therefore persuade stakeholders to make even greater firm-specific investments, bringing benefits to shareholders and stakeholders alike.

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China's Software Industry And Its Implications For India, Feichin, Ted Tschang Feb 2003

China's Software Industry And Its Implications For India, Feichin, Ted Tschang

Research Collection Lee Kong Chian School Of Business

The Chinese software industry is small and underdeveloped, compared with its computer and other information technology (IT) hardware industry and compared with India’s software industry. Yet, current status is not necessarily a good guide to future prospects, as China’s recent history amply demonstrates. An important difference between the Chinese and Indian software sectors is the former’s close links to domestic users, notably industrial and commercial users. This has fostered intensive learning in the area of product development for a large and rapidly growing domestic market. India’s software sector, lacking such a dynamic domestic user sector until very recently, has thrived …

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The Use Of Rewards To Increase And Decrease Trust: Mediating Processes And Differential Effects, Donald L. Ferrin, Kurt T. Dirks Jan 2003

The Use Of Rewards To Increase And Decrease Trust: Mediating Processes And Differential Effects, Donald L. Ferrin, Kurt T. Dirks

Research Collection Lee Kong Chian School Of Business

Hypotheses asserting that reward structures - an omnipresent element of the work context - have a strong influence on interpersonal trust are tested, and the cognitive and behavioral routes through which the effects may occur are explored. Specifically, attribution theory is used to identify several core processes including social perception, self-perception, and attributional biases that may explain trust development. A 3 x 2 experimental design in a problem-solving task was used to examine the hypotheses. The results suggest that reward structures have a strong influence on trust, and that the effect is mediated by causal schemas, suspicion effects, and self-perception. …

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The Integrated Networks Model: Explaining Resource Allocations In Network Markets, Judy K. Frels, Tasadduq Shervani, Rajendra Kumar Srivastava Jan 2003

The Integrated Networks Model: Explaining Resource Allocations In Network Markets, Judy K. Frels, Tasadduq Shervani, Rajendra Kumar Srivastava

Research Collection Lee Kong Chian School Of Business

The last decade has witnessed a shift from a focus on the value created by a single firm and product to an examination of the value created by networks of firms (or product ecosystems) in which assets are comingled with external entities. The authors examine these market-based assets in the context of network markets and propose an Integrated Networks model in which three types of networks-user, complements, and producer-add value or enhance the attractiveness of the associated focal product. The authors empirically test the proposed model by surveying information technology professionals on their resource allocation decisions regarding the Unix and …

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The Effect Of Taxes On The Pricing Of Defaultable Debt, Kian Guan Lim, Fenghua Song, Mitchell Craig Warachka Jan 2003

The Effect Of Taxes On The Pricing Of Defaultable Debt, Kian Guan Lim, Fenghua Song, Mitchell Craig Warachka

Research Collection Lee Kong Chian School Of Business

Empirical studies have documented the dependence of corporate credit spreads on default risk, equity premiums, and taxes. However, taxes have previously not been incorporated into reduced-form credit risk models. Therefore, we first extend the existing literature by considering a default intensity that depends on taxes as well as the default-free short rate and a market index. Consequently, we establish a theoretical basis to explain previous empirical findings regarding the significant impact of taxation on defaultable bond prices. Unlike previous models, tax implications for defaultable debt cannot be constructed from a sum of tax effects on zero coupon bonds. Our empirical …

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Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector, Thomas Menkhoff, Benjamin Loh, Lena Kay Jan 2003

Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector, Thomas Menkhoff, Benjamin Loh, Lena Kay

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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The Integrated Networks Model: Explaining Resource Allocations In Networked Markets, Judy K. Frels, Tasadduq Shervani, Rajendra Kumar Srivastava Jan 2003

The Integrated Networks Model: Explaining Resource Allocations In Networked Markets, Judy K. Frels, Tasadduq Shervani, Rajendra Kumar Srivastava

Research Collection Lee Kong Chian School Of Business

The last decade has witnessed a shift from a focus on the value created by a single firm and product to an examination of the value created by networks of firms (or product ecosystems) in which assets are comingled with external entities. The authors examine these market-based assets in the context of network markets and propose an Integrated Networks model in which three types of networks—user, complements, and producer—add value or enhance the attractiveness of the associated focal product. The authors empirically test the proposed model by surveying information technology professionals on their resource allocation decisions regarding the Unix and …

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A Transformational Model Of Legal-Claiming, B. M. Goldman, R. Cropanzano, Elizabeth Layne Paddock Jan 2003

A Transformational Model Of Legal-Claiming, B. M. Goldman, R. Cropanzano, Elizabeth Layne Paddock

Research Collection Lee Kong Chian School Of Business

No abstract provided.

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A New Node Centroid Algorithm For Bandwidth Minimization, Brian Rodrigues, F. Xiao, A. Lim Jan 2003

A New Node Centroid Algorithm For Bandwidth Minimization, Brian Rodrigues, F. Xiao, A. Lim

Research Collection Lee Kong Chian School Of Business

We propose a Node Centroid method with Hill-Climbing to solve the well-known matrix band-width minimization problem, which is to permute rows and columns of the matrix to minimize its bandwidth. Many heuristics have been developed for this NP-complete problem including the Cuthill-McKee (CM) and the Gibbs, Poole and Stockmeyer (GPS) algorithms. Recently, heuristics such as Simulated Annealing, Tabu Search and GRASP have been used, where Tabu Search and the GRASP with Path Relinking have achieved significantly better solution quality than the CM and GPS algorithms. Experimentation shows that the Node Centroid method achieves the best solution quality when compared with …

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