Physical Sciences and Mathematics Commons^™

Going Beyond: Cyber Security Curriculum In Western Australian Primary And Secondary Schools. Final Report, Nicola F. Johnson, Ahmed Ibrahim, Leslie Sikos, Marnie Mckee

Research outputs 2022 to 2026

There is no doubt cyber security is of national interest given the rife nature of cyber crime and the alarming increase of victims who have endured identify theft, fraud and scams. Curriculum within K-12 schools tends to be fixed and any modifications are subject to extensive consultation within a prolonged review cycle. Therefore, this report has gone beyond curriculum to explore the potential of national awareness campaigns and dynamic digital cyber security licences as alternative possibilities for instigation. The role of leaders in various school sectors and systems is critical for a successful roll out. This final report culminates from …

Cyber Security Curriculum In Western Australian Primary And Secondary Schools: Interim Report: Curriculum Mapping, Nicola Johnson, Ahmed Ibrahim, Leslie Sikos, Cheryl Glowrey

Research outputs 2022 to 2026

Cyber-crime poses a significant threat to Australians—think of, for example, how scams take advantage of vulnerable people and systems. There is a need to educate people from an early age to protect them from cyberthreats.

Consistent with the increasing prevalence of cyberthreats to individuals and organisations in Australia, the national Australian curriculum has been updated (version 9.0) to include specific content for cyber security for primary and secondary students up to Year 10. Endorsed by Education Ministers in April 2022, the Western Australian School Curriculum and Standards Authority (SCSA) completed a detailed audit of the endorsed Australian Curriculum version 9.0 …

A Semiparametric Approach To A Nonlinear Acd Model, Pipat Wongsaart, Jiti Gao, David E. Allen

Research outputs pre 2011

We introduce in this paper a new semiparametric approach to a nonlinear ACD model, namely the Semiparametric ACD (SEMI-ACD) model. This new model is more flexible in the sense that the data are allowed to speak for themselves, without a hypothetical assumption being imposed arbitrarily on its key component. Moreover, it enables a much more thorough examination of the intertemporal importance of the conditional duration on the ACD process. Our experimental analysis suggests that the new model possesses a sound asymptotic character, while its performance is also robust across data generating processes and assumptions about the conditional distribution of the …

Fitting Weibull Acd Models To High Frequency Transactions Data : A Semi-Parametric Approach Based On Estimating Functions, Kok Haur Ng, David E. Allen, Shelton Peiris

Research outputs pre 2011

Autoregressive conditional duration (ACD) models play an important role in financial modeling. This paper considers the estimation of the Weibull ACD model using a semiparametric approach based on the theory of estimating functions (EF). We apply the EF and the maximum likelihood (ML) methods to a data set given in Tsay (2003, p203) to compare these two methods. It is shown that the EF approach is easier to apply in practice and gives better estimates than the MLE. Results show that the EF approach is compatible with the ML method in parameter estimation. Furthermore, the computation speed for the EF …

Small And Medium Enterprises And The Environment: Barriers, Drivers, Innovation And Best Practice: A Review Of The Literature, Beth Walker, Janice Redmond, Lynnaire Sheridan, Calvin Wang, Ute Goeft

Research outputs pre 2011

Small and medium enterprises are the largest business sector in every economy in the world 1, and generate the majority (up to 60%) of global economic output2. In the Australian context, a small business or enterprise is one that employs up to 20 staff while a small and medium sized enterprise (an SME) is a business that employs up to 200 staff. By this definition, more than 99% of all actively trading businesses (more than 1.95 million enterprises) in Australia are SMEs3 . There is a growing body of research supporting the need for SMEs to become engaged in the …

Realized Volatility Uncertainty, David E. Allen, Michael Mcaleer, Marcel Scharth

Research outputs pre 2011

The presence of high and time-varying volatility of volatility and leverage effects bring additional uncertainty in the tails of the distribution of asset returns, even though returns standardized by (ex-post) quadratic variation measures are nearly gaussian. We argue that in this setting modeling shocks to volatility is more relevant for applications than extracting more precise predictions of the variable, as point forecasts differences are swamped by the size of the volatility of volatility and rendered less informative by the nongaussianity in the ex-ante distribution of returns. Using S&P 500 data, we document that this volatility of volatility is subject to …

The Third Generation Acd Model : A Semiparametric Approach, Pipat Wongsaart, Jiti Gao, David E. Allen

Research outputs pre 2011

Having concluded that thus far the question about the most appropriate type of nonlinear ACD model has not been satisfactorily answered, we intend to develop a novel ACD modelling methodology based on an iterative estimation algorithm and a semiparametric autoregressive process that not only allows the data to speak for itself, but also is robust across datasets without relying on some computational factors, such as the hypothesis about the probability density function of the standardised durations. We propose in this paper the Semiparametric ACD (SP-ACD) model, which can be considered a starting point of such a development. To address the …

Final Report : Bellevue Sustainable Industry Project, Beth Walker, Janice Redmond, Ute Goeft

Research outputs pre 2011

This report is the result of a grant from the W A Waste Management Board's Waste Management and Recycling Fund to investigate the attitudes and practices of Bellevue business owner-managers to environmental issues and waste management since 2005. In 2005 data was collected to provide baseline information of the level of business interest in the environment and waste management practices in the Bellevue industrial area. After. the analysis of that data was reported, an intervention program was implemented by the Swan Catchment Council. The intervention program included the following...

Proceedings Of The Sixth International Workshop For Applied Pkc (Iwap2007), Dongguang Li

Research outputs pre 2011

IWAP2007 will be the sixth of a series of successful international workshops with focus on research and engineering issues of the applied aspects of public key cryptosystems. The inaugural IWAP event was held in Korea in 2001, and was subsequently held in 2002, 2004, 2005 and 2006 respectively in Taipei, Japan, Singapore and China. The IWAP2003 was cancelled due to the SARS breakout. Theoreticians and practitioners interested in the applied issues of PKC were encouraged to participate and contribute to the continuous success of the IWAP workshop series. The host of the IWAP2007 is Edith Cowan University. It is my …

Separation Point Easement : Baseline Benthic Mapping And Faunal Survey, Jason How, Paul Lavery

Research outputs pre 2011

The Batavia Coast Marine Centre forms part of the Separation Point Marine Precinct in Geraldton, Western Australia, a collaborative initiative between the Mid West Development Commission, Department of Fisheries, City of Geraldton and the Department of Education and Training. To service an aquaculture facility planned as part of the Batavia Coast Marine Centre, a salt water intake pipe is being constructed on the coast adjacent to the facility...

Analysis And Applications Of Autoregressive Moving Average Models With Stochastic Variance, Shelton Peiris, Ramprasad Bhar, David E. Allen

Research outputs pre 2011

It is known that volatility plays a central role in financial modelling problems. This paper studies, in detail, a class of discrete time stochastic volatility (SV) models driven by ARMA models with innovations having a stochastic variances. The auto- correlation function of this class of models is derived and methods of identification of such processes are described. An example is added to illustrate the development of the theory over the standard methods.

Environmental Issues In Western Australia, Harry Recher (Ed.)

Research outputs pre 2011

No abstract provided.

Forecasting The Equity Premium In The Australian Market, David E. Allen, Lurion Demello

Research outputs pre 2011

This paper provides a forecasting methodology for estimating the market risk premium in Australia. We employ an in-sample and out-of-sample forecast estimate using various dividend yield measures. The lagged dividend yield model is used to predict future equity premia on a data series that includes the top 85 percent of the Australian stock market. An important concern in this paper is the accuracy of dividend yield in forecasting the equity premium in the Australian market. We find that the level of predictability in the later part of the series is very weak compared to in-sample prediction during the 70s and …

Applications Of Recursive Estimation Methods In Statistical Process Control, Shelton Peiris, Aerambamoorthy Thavaneswaran, David E. Allen, R. Mellor

Research outputs pre 2011

In recent years there has been a growing interest in recursive estimation techniques as applied to statistical process control (SPC). In cases where prior information about the processes are available, it is shown that procedures based on the “optimal” smoothing can be superior to the classical procedures like Shewhart’s CUSUM control charts (see, for instance, Thavaneswaran, McPherson and Abraham (1998)). This paper reviews the recursive algorithms based on EWMA (exponentially weighted moving average), DLM (dynamic linear modeling), KF (Kalman filtering) and OS (optimal smoothing) in statistical process control with correlated data. We also discuss various relationships among the asymptotic mean …

Some Evidence On The Information Content Of Undisclosed Limit Orders On The Asx, M. Aitken, David E. Allen, Wenling J. Yang

Research outputs pre 2011

This paper is concerned with investigating the information content of undisclosed limit orders, and identifying factors that affect their size, plus the examination of the brokers’ behaviour in using undisclosed orders. We adopt a sample of liquid stocks listed on the ASX, and our estimation results indicate that the size of undisclosed orders are affected by a number of factors. Given the ‘stealth trading’ pattern of behaviour observed in large disclosed orders, this paper provides evidence to support a similar pattern of behaviour in the case of undisclosed orders. Our model also provides an appropriate measure for estimating the size …

Effects Of Bank Funds Management Activities On The Disintermediation Of Bank Deposits, David E. Allen, Jerry T. Parwada

Research outputs pre 2011

This study investigates the alleged disintermediation of banks’ traditional deposit-taking in favour of investment management activities. Using data on Australian bank-affiliated funds and a nine-year record of the parent banks’ liability balances, this study finds that managed funds do not displace bank liabilities. Prudential capital adequacy requirements dissuade banks from using in-house managed investments as indirect conduits for raising funds in the same manner as deposit-taking.

Generalized Moving Average Models And Applications In High Frequency Data, Shelton Peiris, David E. Allen, Aerambamoorthy Thavaneswaran

Research outputs pre 2011

This paper considers a new class of first order moving average type time series model with index δ (> 0) to describe some hidden features of a time series. It is shown that this class of models provides a valid, simple solution to a new direction of time series modelling. In particular, for suitably chosen parameters (coefficient β and index δ) this type of models could be used to describe data with low or high frequency components. Various new results associated with this class are given in a general form. A simulation study is carried out to justify the theory. …

Protecting The Infrastructure: 3rd Australian Information Warfare & Security Conference 2002, William Hutchinson (Ed.)

Research outputs pre 2011

The conference is hosted by the We-B Centre (working with a-business) in the School of Management Information System, the School of Computer & Information Sciences at Edith Cowan University. This year's conference is being held at the Sheraton Perth Hotel in Adelaide Terrace, Perth. Papers for this conference have been written by a wide range of academics and industry specialists. We have attracted participation from both national and international authors and organisations.

The papers cover many topics, all within the field of information warfare and its applications, now and into the future.

The papers have been grouped into six streams: …

On The Evolution Of Probability-Weighting Function And Its Impact On Gambling, Steven Li, Yun Hsing Cheung

Research outputs pre 2011

It is well known that individuals treat losses and gains differently and there exists non-linearity in probability. The asymmetry between gains and losses is highlighted by the reflection effect. The non-linearity in probability is described by the curvature of the probability-weighting function. This paper studies the evolution of the probability-weighting function. It is assumed that the probability weighting for an individual follows a mean-reverting stochastic process. The Monte Carlo simulation technique is employed to study the evolution of the weighting function. The evolution of the probability- weighting function implies that an individual does not treat gains or losses consistently over …

Wetland Vegetation Monitoring, 2000/2001 (Salinity Action Plan), B. Franke, R. Gurner, R. Froend

Research outputs pre 2011

This report represents the vegetation component of a project designed to provide ongoing monitoring of wetland salinity and biological resources in wetlands of the agricultural zone of south-west Western Australia. Maintenance of wetland biological diversity in the agricultural zone is one of the major objectives of the Salinity Action Plan. Due to their low position in the landscape, wetlands are the habitat most affected by salinisation.

Heckman's Methodology For Correcting Selectivity Bias : An Application To Road Crash Costs, Margaret Giles

Research outputs pre 2011

Aggregate road crash costs are traditionally determined using average costs applied to incidence figures found in Police-notified crash data. Such data only comprise a non-random sample of the true population of road crashes, the bias being due to the existence of crashes that are not notified to the Police. The traditional approach is to label the Police-notified sample as 'non-random' thereby casting a cloud over data analyses using this sample. Heckman however viewed similar problems as 'omitted variables' problems in that the exclusion of some observations in a systematic manner (so-called selectivity bias) has inadvertently introduced the need for an …

Are Bank Deposits And Bank-Affiliated Managed Funds Close Substitutes?, David E. Allen, Jerry T. Parwada

Research outputs pre 2011

This study tests the hypothesis that bank liabilities and managed funds are close substitutes. Some literature associates the alleged decline in banking business with the disintermediation of banks’ traditional deposit-taking business in favour of investment management. A comparative assessment of managed fund and bank deposit qualitative attributes fails to support substitutability. Using data on Australian bank-affiliated funds and a nine-year record of bank liability balances, this study finds that, empirically, managed funds do not displace bank liabilities. Prudential capital adequacy requirements dissuade banks from using in-house managed investments as indirect conduits for raising funds in the same manner as deposit …

Some Statistical Models For Durations And Their Applications In Finance, Harry Zheng, David E. Allen, Lyn C. Thomas

Research outputs pre 2011

We first consider a new class of time series models (introduced by Engle and Russell (1998)) use in statistical applications in finance. These models treat the time between events (durations) as a stochastic process and the corresponding durations are modelled using a theory similar to that of autoregressive processes. This new class of time series models is called Autoregressive Conditional Duration (ACD) models. Various extensions and the statistical properties of this class of ACD models are given. We also suggest some alternative models for durations arising from the market microstructure literature. An estimation procedure is discussed. The theory is illustrated …

The Duration Derby : A Comparison Of Duration Based Strategies In Asset Liability Management, Harry Zheng, David E. Allen, Lyn C. Thomas

Research outputs pre 2011

Macaulay duration matched strategy is a key tool in bond portfolio immunization. It is well known that if term structures are not at or changes are not parallel, then Macaulay duration matched portfolio can not guarantee adequate immunization. In this paper the approximate duration is proposed to measure the bond price sensitivity to changes of interest rates of non- at term structures. Its performance in immunization is compared with those of Macaulay, partial and key rate durations using the US Treasury STRIPS and Bond data. Approximate duration turns out to be a possible contender in asset liability management: it does …

Working For Excellence In The E-Conomy: 2nd International We-B Conference, Sue Stoney (Ed.)

Research outputs pre 2011

Welcome to Perth, Western Australia, and to the 2nd International We-B Conference 2001 "working for excellence in the e-conomy" hosted by the We-B Centre, School of Management Information Systems at Edith Cowan University.

This is an international conference for academics and industry specialists in e-business, e-government and related fields. The conference has drawn participants from national and international organisations.

All submitted papers were subjected to an anonymous peer review process managed by the Conference Committee.

Wetland Vegetation Monitoring, 1999/2000 (Salinity Action Plan), R. Gurner, R. Froend, G. Ogden, B. Franke

Research outputs pre 2011

This report represents the vegetation component of a project designed to provide on-going monitoring of wetland salinity and biological resources in wetlands of the agricultural zone of south-west Western Australia. Maintenance of wetland biological diversity in the agricultural zone is one of the major objectives of the Salinity Action Plan. Due to their low position in the landscape, wetlands are the habitat most affected by salinisation.

Salinity Action Plan : Wetland Vegetation Monitoring, 1998/1999, R. Gurner, G. Ogden, R. H. Froend

Research outputs pre 2011

This report represents the vegetation component of a project designed to provide on-going monitoring of wetland salinity and biological resources in wetlands of the agricultural zone of south-west Western Australia. Maintenance of wetland biological diversity in the agricultural zone is one of the major objectives of the Salinity Action Plan. Due to their low position in the landscape, wetlands are the habitat most affected by salinisation...

Salinity Action Plan : Wetland Vegetation Monitoring, 1997/1998, G. Ogden, R. H. Froend

Research outputs pre 2011

This report represents the vegetation component of a project designed to provide on-going monitoring of wetland salinity and biological resources in wetlands of the agricultural zone of south-west Western Australia. Maintenance of wetland biological diversity in the agricultural zone is one of the major objectives of the Salinity Action Plan. Due to their low position in the landscape, wetlands are the habitat most affected by salinisation...

Wetland Vegetation Monitoring, 1998 Survey: Gnangara Wetlands, N. E. Pettit, R. H. Froend

Research outputs pre 2011

Water regimes, both groundwater and surface water components dil'ectly effect distribution, health and species composition of wetland fringing vegetation. In the area of the northern Swan Coastal Plain overlying the Gnangara groundwater mound, wetland water levels and therefore the vegetation can be intimately connected to underlying groundwater levels. The Water Corporation (formerly Water Authority of Western Australia) has been drawing water from the Gnangara mound for domestic water supply for a number of years. The main objective of this study is to monitor the changes in the vegetation fringing these wetlands and to determine if this is related to changes …

Yellagonga Wetlands: A Study Of The Water Chemistry And Aquatic Fauna, Adrianne Kinnear, Patrick Garnett, Hugo Bekle, K. Upton

Research outputs pre 2011

Wetlands worldwide are continually threatened by urbanisation and Western Australia is no exception. Since European settlement in 1829, it has been estimated that at least 75% of the wetlands of the Swan Coastal Plain have disappeared (Halse, 1988). The remaining 25% continue to be threatened by eutrophication and pollution, changes in hydrology and water level patterns, clearing of riparian vegetation, aesthetic disruption and weed invasion (CALM, 1980; Davis and Rolls, 1987; Wrigley et al., 1991; Balla and Davis, 1995). These degradation components are interrelated and largely the consequence of the extensive removal of surrounding vegetation...