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2015

Singapore Management University

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Articles 1 - 30 of 490

Full-Text Articles in Social and Behavioral Sciences

Tan Cheng Bock [Singapore, Member Of Parliament], Cheng Bock Tan Dec 2015

Tan Cheng Bock [Singapore, Member Of Parliament], Cheng Bock Tan

Digital Narratives of Asia

Former veteran People's Action Party Member of Parliament, presidential candidate Dr Tan Cheng Bock speaks his mind with DNA on his struggles during his school days, National Service, and what had motivated him to enter politics. He reveals his take on Foreign Talent, the Feedback Unit, and shares on the kind of society he hopes Singapore will become.

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Harry Susilo [Indonesia, Founder Sekar Group], Harry Susilo Dec 2015

Harry Susilo [Indonesia, Founder Sekar Group], Harry Susilo

Digital Narratives of Asia

Harry Susilo, founder and chairman of Sekar Group, shares with DNA how he had started as the first entreprenuer in Indonesia to export prawns and seafood products. He talks about the values of "Susilo Institute of Ethics in the Global Economy", qualities of a good leader, and business succession. Interview in English and Mandarin. Transcript in English.

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Of Minds, Morals, And Methods: Combining Moral Meteorology And Disaster Relief In Historiography Of China’S Disaster Management, Wee Kiat Lim Dec 2015

Of Minds, Morals, And Methods: Combining Moral Meteorology And Disaster Relief In Historiography Of China’S Disaster Management, Wee Kiat Lim

CMP Research

In this working paper, I argue that disaster management in high Qing period can be better understood by simultaneously considering the historiographies of how governing elites understood disasters at the metaphysical level and the administration of disaster relief. During High Qing late imperial China, the regime encountered rapid changes in population, economy, and environment. Following how environmental historian Mark Elvin describes the prevalent ideology that guided Chinese governing elites on implicating human conduct with the manifestation of disasters as “moral meteorology”, I link it to the granary system so as to underscore how these two related but separate streams of …

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Societal Leadership In Southeast Asia: National Landscapes, Challenges And Opportunities To Enhance Societal Impact, Institute For Societal Leadership Dec 2015

Societal Leadership In Southeast Asia: National Landscapes, Challenges And Opportunities To Enhance Societal Impact, Institute For Societal Leadership

Institute of Societal Leadership Research Collection

This study draws its contents from the findings and insights that colleagues from the Institute for Societal Leadership have put together in the form of eleven Southeast Asian Country Insights Labs reports. The Country Insights Labs were undertaken to uncover the critical social issues facing leaders from business, government and civil society in each Southeast Asian country. During the visits to each country, ISL staff also investigated the challenges faced by civil society organisations (CSOs) such as philanthropic organisations, corporate foundations, non-governmental organisations (NGOs), activist groups, social enterprises and impact investment funders. This paper aggregates the background research and key …

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Institutional Complementarity Across Countries In Bilateral Fdi Flows: Theory And Evidence, Pao-Li Chang Dec 2015

Institutional Complementarity Across Countries In Bilateral Fdi Flows: Theory And Evidence, Pao-Li Chang

Research Collection School Of Economics

This paper builds a theory to characterize the comparative advantage of MNEs based in countries of different institutional qualities. It is shown that MNEs headquartered in countries of poorer state institutions will invest more in `informal institutions; and choose to undertake FDI in countries of weaker institutions. At the aggregate, MNEs on average generate more net profits in countries of weaker institutions, the poorer the institutional environment at home. I conduct an extensive test of the theory using bilateral FDI volume for 219 economies in year 2001-2010. The results indicate a statistically significant and robust institutional complementarity effect in bilateral …

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Selling Expert Knowledge: The Role Of Consultants In Singapore's New Economy, Hans-Dieter Evers, Thomas Menkhoff Dec 2015

Selling Expert Knowledge: The Role Of Consultants In Singapore's New Economy, Hans-Dieter Evers, Thomas Menkhoff

Research Collection Lee Kong Chian School Of Business

We are currently witnessing a major transition from the old type of industrialsociety with its traditional dominance of manufacturing work and old industrialclasses to an information and knowledge-based society (Albrow and King 1981;Drucker 1994; Stehr 1994; Hannerz 1996; Baber 1998; Evers 2000, 2000a,b,c)which is believed to have the following characteristics:· Its members have attained a higher average standard of education incomparison to other societies and a growing proportion of its labour force areemployed as knowledge workers. In other words, there is a significantreduction in the number of people working in operational roles, whileemployment in professional, knowledge-based roles has risen.· Its …

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Hardcore Subcultures For Law-Abiding Citizens And Online Nationalism: Case Study On The Korean Internet Community Ilbe Jeojangso, Kyujin Shim Dec 2015

Hardcore Subcultures For Law-Abiding Citizens And Online Nationalism: Case Study On The Korean Internet Community Ilbe Jeojangso, Kyujin Shim

Research Collection Lee Kong Chian School Of Business

In general, the Internet is perceived as a liberal space in terms of major user demographics and political orientation, and Korea’s cyberspace leans toward liberals and left-wing groups (Peak, 2013). So, interesting questions arise regarding ILBE and its popularity: In a liberal-dominant cyberspace, what drives conservative netizens to the ILBE community, armed with strong racism and nationalism? What are the differences and commonalities between the ILBE community and Japanese Netto-uyo? In the chronology of Korean online communities, sporadically, netizens possessing conservative and racist traits have attempted to build conservative online communities but these have been limited, and none …

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Smu-X: An Innovative Approach To Preparing Students With Skills For The Future, Gary Pan, Gan Hup Tan Dec 2015

Smu-X: An Innovative Approach To Preparing Students With Skills For The Future, Gary Pan, Gan Hup Tan

Research Collection School Of Accountancy

The SMU-X Initiative is a paradigm shit which focuses on learning as opposed to teaching as well as a mind-set shift to get the university to collaborate both internally and with our external stakeholders more. We strive to do this by introducing innovation curriculum based on an experiential approach that is interdisciplinary and hands-on. It gets the SMU community to collaborate and step out of their silos by encouraging group effort in solving complex issues.

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Accessory Liability In Tort And Equity, Pey Woan Lee Dec 2015

Accessory Liability In Tort And Equity, Pey Woan Lee

Research Collection Yong Pung How School Of Law

Unlike the position in criminal law, there does not currently exist a general doctrine of accessory liability in civil law. Thus, a person may be liable as an accessory in equity for dishonestly assisting with a breach of trust, but there is no tort for dishonest assistance. Rather, one who participates in another's tort will only be liable if he is a joint tortfeasor acting pursuant to a common design with the primary tortfeasor. This article examines the reasons for this divergence and evaluates the case for their assimilation. It observes that, contrary to common perception, the scope of participatory …

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Freedom From Fear In The City Of Light, Tan K. B. Eugene Dec 2015

Freedom From Fear In The City Of Light, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a commentary, SMU Associate Professor of Law Eugene Tan pointed out that it is absolutely essential to the fight against terrorism that the operational imperative of order and security be balanced against the critical need to ensure that the values a society holds dear are not compromised or undermined. It would be unfair and profoundly subversive to its social cohesion for France to expect the majority of its Muslims to take responsibility for the acts of a few. He added that what is at stake is the inclusiveness of the French national identity, heritage and values — its figurative …

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Criminal Law Act Is Useful — But Handle With Care, Tan K. B. Eugene Dec 2015

Criminal Law Act Is Useful — But Handle With Care, Tan K. B. Eugene

Research Collection Yong Pung How School Of Law

In a significant decision last week, Singapore’s highest court ruled that alleged global football match-fixer Dan Tan Seet Eng’s preventive detention was unlawful. His detention went beyond the scope of discretionary power vested in the Minister for Home Affairs under the Criminal Law (Temporary Provisions) Act (CLTPA). The court’s ruling drew criticisms from a former Interpol chief and, ironically, FIFA, football’s graft-ridden governing body.

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Capstone Projects Mining System For Insights And Recommendations, Melvrivk Aik Chun Goh, Swapna Gottipati, Venky Shankararaman Dec 2015

Capstone Projects Mining System For Insights And Recommendations, Melvrivk Aik Chun Goh, Swapna Gottipati, Venky Shankararaman

Research Collection School Of Computing and Information Systems

In this paper, we present a classification based system to discover knowledge and trends in higher education students’ projects. Essentially, the educational capstone projects provide an opportunity for students to apply what they have learned and prepare themselves for industry needs. Therefore mining such projects gives insights of students’ experiences as well as industry project requirements and trends. In particular, we mine capstone projects executed by Information Systems students to discover patterns and insights related to people, organization, domain, industry needs and time. We build a capstone projects mining system (CPMS) based on classification models that leverage text mining, natural …

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Economic Status And Old-Age Health In Poverty-Stricken Myanmar, Bussarawan Teerawichitchainan, John Knodel Dec 2015

Economic Status And Old-Age Health In Poverty-Stricken Myanmar, Bussarawan Teerawichitchainan, John Knodel

Research Collection School of Social Sciences

Objective: We examine the association between poverty, economic inequality, and health among elderly in Myanmar. Method: We analyze 2012 data from Myanmar’s first representative survey of older adults to investigate how health indicators vary across wealth quintiles as measured by household possessions and housing quality. Results: Poverty and poor health are pervasive. Self-assessed health, sensory impairment, and functional limitation consistently improve with higher wealth levels regardless of socio-demographic controls. Differentials in self-rated health and sensory impairment between the bottom and second quintiles are clearly evident, suggesting that relative economic inequality matters even among very poor elders and that a small …

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Relationship Dealbreakers: Traits People Avoid In Potential Mates, Peter K. Jonason, Justin R. Garcia, Gregory D. Webster, Norman P. Li, Helen E. Fisher Dec 2015

Relationship Dealbreakers: Traits People Avoid In Potential Mates, Peter K. Jonason, Justin R. Garcia, Gregory D. Webster, Norman P. Li, Helen E. Fisher

Research Collection School of Social Sciences

Mate preference research has focused on traits people desire in partners (i.e., dealmakers) rather than what traits they avoid (i.e., dealbreakers), but mate preferences calibrate to both maximize benefits and minimize costs. Across six studies (N > 6,500), we identified and examined relationship dealbreakers, and how they function across relationship contexts. Dealbreakers were associated with undesirable personality traits; unhealthy lifestyles in sexual, romantic, and friendship contexts; and divergent mating strategies in sexual and romantic contexts. Dealbreakers were stronger in long-term (vs. short-term) relationship contexts, and stronger in women (vs. men) in short-term contexts. People with higher mate value reported more dealbreakers; …

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New Methodology For Constructing Real Estate Price Indices Applied To The Singapore Residential Market, Liang Jiang, Peter C. B. Phillips, Jun Yu Dec 2015

New Methodology For Constructing Real Estate Price Indices Applied To The Singapore Residential Market, Liang Jiang, Peter C. B. Phillips, Jun Yu

Research Collection School Of Economics

This paper develops a new methodology for constructing a real estate price index that utilizes all transaction price information, encompassing both single-sales and repeat-sales. The method is less susceptible to specification error than standard hedonic methods and is not subject to the sample selection bias involved in indexes that rely only on repeat sales. The methodology employs a model design that uses a sale pairing process based on the individual building level, rather than the individual house level as is used in the repeat-sales method. The approach extends ideas from repeat-sales methodology in a way that accommodates much wider datasets. …

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Gamelead: A Gamified Application To Engage Learners, Jayarani Tan, Nachamma Mrs Nachamma Sockalingam Dec 2015

Gamelead: A Gamified Application To Engage Learners, Jayarani Tan, Nachamma Mrs Nachamma Sockalingam

Research Collection Lee Kong Chian School Of Business

This submissiondescribes the use of gamified learning to engage learners using a mobile/desktopapplication called “GameLead” in higher education. GameLead is easy to accessand use, and it encourages cognitive and social learning, to engage learners.

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Competition And Gains From Trade: A Quantitative Analysis Of China Between 1995 And 2004, Wen-Tai Hsu, Yi Lu, Guiying Laura Wu Dec 2015

Competition And Gains From Trade: A Quantitative Analysis Of China Between 1995 And 2004, Wen-Tai Hsu, Yi Lu, Guiying Laura Wu

Research Collection School Of Economics

This paper provides a quantitative analysis of gains from trade for China over the period of 1995-2004, which was when China's openness drastically improved. We decompose gains from trade in two ways. First, we disentangle pro-competitive effects from a traditional Ricardian effect. Second, we separate the effect due to tariff reductions from that due to reductions in non-tariff trade costs. Our quantitative analysis shows that the pro-competitive effects account for 25.4% of the total welfare gains from trade, whereas the allocative efficiency alone accounts for 22.3%. We also find that tariff reductions account for about 31.6% of reductions of overall …

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Csi Agent On A Mission Game App, Ju Mae Rosie Ching Dec 2015

Csi Agent On A Mission Game App, Ju Mae Rosie Ching

Research Collection School Of Economics

CSI is a one-of-a-kind and first-ever iPad gaming app released early August, with the flash game at http://www.rosieching.com/csi. My primary objective was to realize my dreamed-up “MISSION STATISTICS” theme for students to apply their skills in hypothesis tests and linear regression. Another is the incorporation of their CSI results into an “enrichment 5%” of their grades. The harder an agent works, the higher his score, the sweeter the fruit of the labour which students always show massive enthusiasm for. It is also critical that students review their real-time progress, and I have ensured that in every step of each country’s …

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Modeling Social Media Content With Word Vectors For Recommendation, Ying Ding, Jing Jiang Dec 2015

Modeling Social Media Content With Word Vectors For Recommendation, Ying Ding, Jing Jiang

Research Collection School Of Computing and Information Systems

In social media, recommender systems are becoming more and more important. Different techniques have been designed for recommendations under various scenarios, but many of them do not use user-generated content, which potentially reflects users’ opinions and interests. Although a few studies have tried to combine user-generated content with rating or adoption data, they mostly reply on lexical similarity to calculate textual similarity. However, in social media, a diverse range of words is used. This renders the traditional ways of calculating textual similarity ineffective. In this work, we apply vector representation of words to measure the semantic similarity between text. We …

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The Management Of Natural Resources: An Overview And Research Agenda, Gerard George, Simon J. D. Schillebeeckx, Teng Lit Liak Dec 2015

The Management Of Natural Resources: An Overview And Research Agenda, Gerard George, Simon J. D. Schillebeeckx, Teng Lit Liak

Research Collection Lee Kong Chian School Of Business

Natural resources underpin the foundation of human activity. Individuals and organizations consume vast amounts of natural resources as a matter of routine without much cognizance of their continued availability in the future or the true cost of a depleting natural resource. Over the past decades of industrial activity, organizations, communities, and nations have acted to protect their interests by investing in and securing their supplies of natural resources that support economic growth. An industrial complex, now variously termed as extractive industries, supplies crucial non-renewable natural resources such as oil and coal for energy or iron and aluminum for construction. Our …

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A State-Stewardship View On Executive Compensation, Hao Liang, Luc Renneboog, Sunny Li Sun Dec 2015

A State-Stewardship View On Executive Compensation, Hao Liang, Luc Renneboog, Sunny Li Sun

Research Collection Lee Kong Chian School Of Business

We take a state-stewardship view on corporate governance and executive compensation in economies with strong political involvement, where state-appointed managers act as responsible ‘stewards’ rather than ‘agents’ of the state. We test this view on China and find that Chinese managers are remunerated not for maximizing equity value but for increasing the value of state-owned assets. Managerial compensation depends on political connections and prestige, and on the firms’ contribution to political goals. These effects were attenuated since the market-oriented governance reform. In a social welfare perspective, such compensation stimulates not the maximization of shareholder value but the preservation of the …

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Trade Integration, Income Divergence, And Global Imbalances, Haiping Zhang Dec 2015

Trade Integration, Income Divergence, And Global Imbalances, Haiping Zhang

Research Collection School Of Economics

We embed financial frictions and sector-specific minimum investment requirements (MIR) in a two-factor, two-sector, overlapping-generation model and showthat whether trade integration leads to convergence of the income levels among member states depends on their level of financial development. It helps reconcilethe mixed empirical evidence on trade integration and income dynamics in differentgroups of countries from the institutional perspective. In the recent decades, trade globalization has allowed developed countries to specialize towards the high-MIR, high-return production stages and tasks through international fragmentation of production and global sourcing. In our model, the “sectors” can be interpreted broadly as production stages and tasks. …

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The Impact Of Agglomeration Economies On Hospital Input Prices, Andrew Friedson, Jing Li Dec 2015

The Impact Of Agglomeration Economies On Hospital Input Prices, Andrew Friedson, Jing Li

Research Collection School Of Economics

This paper examines the extent to which agglomeration of the hospital service industry enhances the productivity of producing health care. Specifically, we use a large set of private insurance claims from the FAIR Health database to show that an increasing spatial concentration of hospital services results in a decreased cost of obtaining intermediate medical services. We explicitly test whether the reduced cost at concentrated locations arises from the ability to share intermediate service providers. The identification relies on state variation in medical lab technician licensure requirements, which influence the cost of intermediate services only through the cost of running a …

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Unified M-Estimation Of Fixed-Effects Spatial Dynamic Models With Short Panels, Zhenlin Yang Dec 2015

Unified M-Estimation Of Fixed-Effects Spatial Dynamic Models With Short Panels, Zhenlin Yang

Research Collection School Of Economics

It is well known that quasi maximum likelihood (QML) estimation of dynamic panel data (DPD) models with short panels depends on the assumptions on the initial values, and a wrong treatment of them will result in inconsistency and serious bias. The same issues apply to spatial DPD (SDPD) models with short panels. In this paper, a unified Mestimation method is proposed for estimating the fixed-effects SDPD models containing three major types of spatial effects, namely spatial lag, spatial error and space-time lag. The method is free from the specification of the distribution of the initial observations and robust against nonnormality …

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Adaptive Nonparametric Regression With Conditional Heteroskedasticity, Sainan Jin, Liangjun Su, Zhijie Xiao Dec 2015

Adaptive Nonparametric Regression With Conditional Heteroskedasticity, Sainan Jin, Liangjun Su, Zhijie Xiao

Research Collection School Of Economics

In this paper, we study adaptive nonparametric regression estimation in the presence of conditional heteroskedastic error terms. We demonstrate that both the conditional mean and conditional variance functions in a nonparametric regression model can be estimated adaptively based on the local profile likelihood principle. Both the one-step Newton-Raphson estimator and the local profile likelihood estimator are investigated. We show that the proposed estimators are asymptotically equivalent to the infeasible local likelihood estimators [e.g., Aerts and Claeskens (1997) Journal of the American Statistical Association 92, 1536-1545], which require knowledge of the error distribution. Simulation evidence suggests that when the distribution of …

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Linear Programming-Based Estimators In Nonnegative Autoregression, Daniel P. A. Preve Dec 2015

Linear Programming-Based Estimators In Nonnegative Autoregression, Daniel P. A. Preve

Research Collection School Of Economics

This note studies robust estimation of the autoregressive (AR) parameter in a nonlinear, nonnegative AR model. It is shown that a linear programming estimator (LPE), considered by Nielsen and Shephard (2003) among others, remains consistent under severe model misspecification. Consequently, the LPE can be used to seek sources of misspecification and to isolate certain trend, seasonal or cyclical components. Simple and quite general conditions under which the LPE is strongly consistent in the presence of heavy-tailed, serially correlated, heteroskedastic disturbances are given, and a brief review of the literature on LP-based estimators in nonnegative autoregression is presented. Finite-sample properties of …

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Learn To Play, Play To Learn: Designing A Digital Board Game For A Law Of Torts Class, Gary Kok Yew Chan, Swee Liang Tan, Khe Foon Timothy Hew, Li Siong Lim, Bernie Grayson Koh Dec 2015

Learn To Play, Play To Learn: Designing A Digital Board Game For A Law Of Torts Class, Gary Kok Yew Chan, Swee Liang Tan, Khe Foon Timothy Hew, Li Siong Lim, Bernie Grayson Koh

Research Collection Yong Pung How School Of Law

This paper documents the learning journey and outcomes of designing an electronic roll-and-move board game, The Grade Inflation Game (GIGAME). It was developed by the Centre for Teaching Excellence (CTE) for classes conducted in the School of Law at the Singapore Management University (SMU). It investigates the effectiveness of using an electronic board game in teaching and learning. Based on the survey on 64 student-players of the game, the study revealed that the game enabled students to consolidate objective skills and knowledge while having 'serious' fun.

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Intraday Value-At-Risk: An Asymmetric Autoregressive Conditional Duration Approach, Shouwei Liu, Yiu Kuen Tse Dec 2015

Intraday Value-At-Risk: An Asymmetric Autoregressive Conditional Duration Approach, Shouwei Liu, Yiu Kuen Tse

Research Collection School Of Economics

We propose to compute the Intraday Value-at-Risk (IVaR) for stocks using real-time transaction data. Tick-by-tick data filtered by price duration are modeled using a two-state asymmetric autoregressive conditional duration (AACD) model, and the IVaR is calculated using Monte Carlo simulation based on the estimated AACD model. Backtesting results for the New York Stock Exchange (NYSE) show that the IVaR calculated using the AACD method outperforms those using the Dionne et al. (2009) and Giot (2005) methods.

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We Built This City: Public Participation In Land Use Decisions In Singapore, Jack Tsen-Ta Lee Dec 2015

We Built This City: Public Participation In Land Use Decisions In Singapore, Jack Tsen-Ta Lee

Research Collection Yong Pung How School Of Law

This article considers the extent to which the legal framework for making land use decisions in Singapore allows for public participation. It examines the issue from two angles: the creation and preservation of the built environment, and the transient use of public space. The first angle is discussed primarily from a heritage law viewpoint, focusing on planning law, compulsory acquisition law, and the legal regime for creating national monuments. As for the second angle, the article looks at how the use of common spaces for assemblies and processions is regulated. The foregoing are examined in the context of Edward Soja’s …

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7 'Pc' Ways To Make People-Centric Policies, David Chan Dec 2015

7 'Pc' Ways To Make People-Centric Policies, David Chan

Research Collection School of Social Sciences

If asked to describe 2015 for Singapore, I would summarise it as "a people-centric year". For just about everyone - politicians, civil servants, community leaders, academics, journalists, social activists or the public itself - the attention was centred on issues that matter to the people. It may seem obvious that being people-centric should characterise how Singapore goes about things. But when people-centricity is driven by populist concerns or political correctness, the outcomes can be self-defeating at best and disastrous at worst. It is important that individuals, communities and the Government, who adopt the ideal of being people-centric, know what it …

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