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Perceived Cultural Importance And Actual Self-Importance Of Values In Cultural Identification, Ching Wan, Chi-Yue Chiu, Kim-Pong Tam, Sau-Lai Lee, Ivy Yee-Man Lau, Siqing Peng Feb 2007

Perceived Cultural Importance And Actual Self-Importance Of Values In Cultural Identification, Ching Wan, Chi-Yue Chiu, Kim-Pong Tam, Sau-Lai Lee, Ivy Yee-Man Lau, Siqing Peng

Research Collection School of Social Sciences

Cross-cultural psychologists assume that core cultural values define to a large extent what a culture is. Typically, core values are identified through an actual self-importance approach, in which core values are those that members of the culture as a group strongly endorse. In this article, the authors propose a perceived cultural importance approach to identifying core values, in which core values are values that members of the culture as a group generally believe to be important in the culture. In 5 studies, the authors examine the utility of the perceived cultural importance approach. Results consistently showed that, compared with values …


A Cardan’S Discriminant Approach To Predicting Currency Crashes, Benedict Seng Kee Koh, Wai Mun Fong, Fabrice Chan Feb 2007

A Cardan’S Discriminant Approach To Predicting Currency Crashes, Benedict Seng Kee Koh, Wai Mun Fong, Fabrice Chan

Research Collection Lee Kong Chian School Of Business

This paper models large swings in exchange rates by introducing nonlinearity via the generalized normal (GEN) distribution [Lye, J.N., Martin, V.L., 1993. Robust estimation, nonnormalities and generalized exponential distributions. Journal of the American Statistical Association 88, 261-267]. As the distribution allows for bimodality, a switch between modes may give rise to currency crashes. A statistic known as Cardan's discriminant, based on the shape parameters of the GEN, is used to detect bimodality. The Cardan's discriminant is found to reliably predict currency crashes for eight emerging countries and generate relatively low false signals for stable currencies.


Cognitive And Affective Aspects Of Thigmotaxis Strategy In Humans, Janos Kallai, Tamas Makany, Arpad Csatho, Kazmer Karadi, David Horvath, Beatrix Kovacs-Labadi, Robert Jarai, Lynn Nadel, Jake W. Jacobs Feb 2007

Cognitive And Affective Aspects Of Thigmotaxis Strategy In Humans, Janos Kallai, Tamas Makany, Arpad Csatho, Kazmer Karadi, David Horvath, Beatrix Kovacs-Labadi, Robert Jarai, Lynn Nadel, Jake W. Jacobs

Research Collection Lee Kong Chian School Of Business

The present article describes the cognitive and emotional aspects of human thiginotaxis (a wall-following spatial strategy) during exploration of virtual and physical spaces. The authors assessed 106 participants with spatial and nonspatial performance-based learning-memory tasks and with fear and anxiety questionnaires. The results demonstrate that thiginotaxis plays a distinct role at different phases of spatial learning. The 1st phase shows a positive correlation between thigmotaxis and general phobic avoidance, whereas there is no association between thigmotaxis and general phobic avoidance during later phases of learning. Furthermore, participants who underperformed in working memory tests and in a spatial construction task exhibited …


Monotonicity Conditions And Inequality Imputation For Sample-Selection And Non-Response Problems, Myoung-Jae Lee Feb 2007

Monotonicity Conditions And Inequality Imputation For Sample-Selection And Non-Response Problems, Myoung-Jae Lee

Research Collection School Of Economics

Under a sample selection or non-response problem, where a response variable y is observed only when a condition δ = 1 is met, the identified mean E(y|δ = 1) is not equal to the desired mean E(y). But the monotonicity condition E(y|δ = 1) ≤ E(y|δ = 0) yields an informative bound E(y|δ = 1) ≤ E(y), which is enough for certain inferences. For example, in a majority voting with δ being the vote-turnout, it is enough to know if E(y) > 0.5 or not, for which E(y|δ = 1) > 0.5 is sufficient under the monotonicity. The main question is then …


Two New Lessons From Asian Miracles, Hing-Man Leung Feb 2007

Two New Lessons From Asian Miracles, Hing-Man Leung

Research Collection School Of Economics

Four Asian economies – Hong Kong, Singapore, Korea and Taiwan – have grown at spectacular speeds adopting different strategies. Past debates focused on their growth takeoff. The present paper studies their future outlook. As an economy matures, sustaining economic performance requires innovation and technology upgrading. Hong Kong, under a minimalist administration, is now critically deficient in technology. Singapore, dependent on foreign multinationals, is struggling to become a creator and not just a user of technology. We seek to explain why Hong Kong and Singapore are so much less innovative than Korea and Taiwan.


Business Output And Business Experience: Evidence From China's Nongovernmental Businesses, Liangjun Su Feb 2007

Business Output And Business Experience: Evidence From China's Nongovernmental Businesses, Liangjun Su

Research Collection School Of Economics

We study the application of the Solow growth model in China's non-governmental businesses and propose a reasonable modification for it. Our analysis indicates that business experience is closely tied to the output of China's non-governmental businesses. Our major findings include: (1) the business experience has little overall impact on the elasticity of output with respect to labour; (2) the business experience has a large impact on the elasticity of output with respect to capital and the elasticity increases as the business experience increases; (3) the adjusted Solow residual that reflects technological progress exhibits a negative relationship with the business experience, …


Terrorism And Relative Justice, Mark Findlay Feb 2007

Terrorism And Relative Justice, Mark Findlay

Research Collection Yong Pung How School Of Law

Terrorist violence and violent justice responses have much in common. While contextually dependant, both forms of violence lay claim to contested legitimacies. The relationships between terrorism and justice responses require both theoretical and empirical examination if the prospects for controlling the violence they perpetrate is to be sharpened.


Segmentation Of Overlapping Particles In Automatic Size Analysis Using Multi-Flash Imaging, Tze K Koh, Nicholas Miles, Steve Morgan, Barrie Hayes-Gill Feb 2007

Segmentation Of Overlapping Particles In Automatic Size Analysis Using Multi-Flash Imaging, Tze K Koh, Nicholas Miles, Steve Morgan, Barrie Hayes-Gill

Research Collection College of Integrative Studies

In this paper, we propose a novel hardware approach to image segmentation, specifically in the case of overlapping particles. Our research is based on multi-flash imaging (MFI), originally developed to detect depth discontinuities. Multiple images captured with different illumination conditions provide additional information about a scene compared to conventional segmentation techniques. Shadows are used to identify true object edges and underlying particles. We applied the new approach in automated particle size analysis and evaluated it against the watershed and canny edge detection techniques. Evaluation results confirm that MFI can be applied in image segmentation and reveals the superiority of the …


What Do People Desire In Others? A Sociofunctional Perspective On The Importance Of Different Valued Characteristics, Catherine A. Cottrell, Steven L. Neuberg, Norman P. Li Feb 2007

What Do People Desire In Others? A Sociofunctional Perspective On The Importance Of Different Valued Characteristics, Catherine A. Cottrell, Steven L. Neuberg, Norman P. Li

Research Collection School of Social Sciences

Humans, as discriminately social creatures, make frequent judgments about others' suitability for interdependent social relations. Which characteristics of others guide these judgments and, thus, shape patterns of human affiliation? Extant research is only minimally useful for answering this question. On the basis of a sociofunctional analysis of human sociality, the authors hypothesized that people highly value trustworthiness and (to a lesser extent) cooperativeness in others with whom they may be interdependent, regardless of the specific tasks, goals, or functions of the group or relationship, but value other favorable characteristics (e.g., intelligence) differentially across such tasks, goals, or functions. Participants in …


Moving-Object Detection, Association, And Selection In Home Videos, Zailiang Pan, Chong-Wah Ngo Feb 2007

Moving-Object Detection, Association, And Selection In Home Videos, Zailiang Pan, Chong-Wah Ngo

Research Collection School Of Computing and Information Systems

Due to the prevalence of digital video camcorders, home videos have become an important part of life-logs of personal experiences. To enable efficient video parsing, a critical step is to automatically extract objects, events and scene characteristics present in videos. This paper addresses the problem of extracting objects from home videos. Automatic detection of objects is a classical yet difficult vision problem, particularly for videos with complex scenes and unrestricted domains. Compared with edited and surveillant videos, home videos captured in uncontrolled environment are usually coupled with several notable features such as shaking artifacts, irregular motions, and arbitrary settings. These …


Towards Efficient Planning For Real World Partially Observable Domains, Pradeep R. Varakantham Feb 2007

Towards Efficient Planning For Real World Partially Observable Domains, Pradeep R. Varakantham

Research Collection School Of Computing and Information Systems

My research goal is to build large-scale intelligent systems (both single- and multi-agent) that reason with uncertainty in complex, real-world environments. I foresee an integration of such systems in many critical facets of human life ranging from intelligent assistants in hospitals to offices, from rescue agents in large scale disaster response to sensor agents tracking weather phenomena in earth observing sensor webs, and others. In my thesis, I have taken steps towards achieving this goal in the context of systems that operate in partially observable domains that also have transitional (non-deterministic outcomes to actions) uncertainty. Given this uncertainty, Partially Observable …


The Supreme Court And The Hamiltonian Dilemma, Shubhankar Dam Jan 2007

The Supreme Court And The Hamiltonian Dilemma, Shubhankar Dam

Research Collection Yong Pung How School Of Law

No abstract provided.


In Defence Of The Supreme Court: A Conservative View, Shubhankar Dam Jan 2007

In Defence Of The Supreme Court: A Conservative View, Shubhankar Dam

Research Collection Yong Pung How School Of Law

No abstract provided.


The Constitutionality Of The President To Hold Another Office Act, 2004: A View From India, Shubhankar Dam Jan 2007

The Constitutionality Of The President To Hold Another Office Act, 2004: A View From India, Shubhankar Dam

Research Collection Yong Pung How School Of Law

No abstract provided.


Pakistani Supreme Court And Constitutional Space, Shubhankar Dam Jan 2007

Pakistani Supreme Court And Constitutional Space, Shubhankar Dam

Research Collection Yong Pung How School Of Law

No abstract provided.


Why Global Banks Are Banking On India, Knowledge@Smu Jan 2007

Why Global Banks Are Banking On India, Knowledge@Smu

Knowledge@SMU

Foreign banks are aggressively expanding in India, both organically and through acquisitions. After playing along the sidelines in the country for more than 100 years, they have galvanized themselves to secure their share -- and more -- of the new action in the rapidly growing economy and a boom in high-profit consumer lending. India's central bank has outlined the roadmap for foreign players to grow, while the banking industry's robust fundamentals and crisis-free track record are other draws. To be sure, the entrenched public sector banks don't relish the charge of foreign banks. But the real rivals on the competing …


Guangdong Huadi Group: How A Non-Family Business Manages To Thrive In China, Knowledge@Smu Jan 2007

Guangdong Huadi Group: How A Non-Family Business Manages To Thrive In China, Knowledge@Smu

Knowledge@SMU

With the development of a market economy in China, private companies have attracted more attention from academic researchers. For example, scholars Wang Xuanyu, Li Xingchun and Chen Ling analyzed Guangdong Huadi Group, a well-known Chinese manufacturer of household appliances based in Guangdong, a province in south China, in order to identify those factors that contribute to the success of a non-family business. The results of their study are in a paper titled, “Capital Joint-Venture and Trust Expansion--Research on non-family Entrepreneurial Partnership”.


For Estee Lauder's Thia Breen, A Successful Career Is Made Up Of 'People, Passion And Performance', Knowledge@Smu Jan 2007

For Estee Lauder's Thia Breen, A Successful Career Is Made Up Of 'People, Passion And Performance', Knowledge@Smu

Knowledge@SMU

In her keynote address at the 28th Annual Wharton Women in Business Conference in Philadelphia, Thia Breen, president of Estee Lauder Americas and head of Global Business Development, told the audience that she was nearly fired from her first job. "That was the moment I started to understand: I am totally responsible for my own success," said Breen, whose first job out of college was unloading shipments of toys at Marshall Fields.


The 'Myth Of Market Share': Can Focusing Too Much On The Competition Harm Profitability?, Knowledge@Smu Jan 2007

The 'Myth Of Market Share': Can Focusing Too Much On The Competition Harm Profitability?, Knowledge@Smu

Knowledge@SMU

Business has long been likened to warfare, according to Wharton marketing professor Scott Armstrong, so it is hardly surprising that companies strive to beat their competitors and wrest away as much market share as possible. But such efforts not only waste time and energy, they can actually be detrimental to the firm's profitability, according to Armstrong. Based on new research and examples from today's business environment, Armstrong and co-author Kesten Green suggest that overemphasis on market share is the wrong approach. --------------------------------------------------------------------------------


Singapore Management University Report To Stakeholders 2007 - 2008, Singapore Management University Jan 2007

Singapore Management University Report To Stakeholders 2007 - 2008, Singapore Management University

Report to Stakeholders

In less than a decade, SMU has established a reputation for pushing the boundaries of innovation, creativity and academic excellence in many of the ways envisioned when the university was first conceived in 1998. The University introduced a pedagogy previously unseen in Singapore, and has shown how a broad-based education and interactive teaching environment produces graduates well-prepared for the demands of the real world.


Steve Ballmer Speaks Passionately About Microsoft, Leadership ... And Passion, Knowledge@Smu Jan 2007

Steve Ballmer Speaks Passionately About Microsoft, Leadership ... And Passion, Knowledge@Smu

Knowledge@SMU

For Microsoft, 2006 was a year of new product introductions: the Windows Vista operating system, a new version of Office and the Zune music player, to name a few. For Microsoft CEO Steve Ballmer -- who spoke at Wharton recently as part of the school's Leadership Lecture series -- these new products serve as a reminder of his goals: Convince customers that Microsoft's latest products are ground-breaking, transform a company with $44 billion in sales into an agile innovator, compete against new business models and recruit enough talent to keep the software giant relevant 25 years from now.


Post Haste: Why Pitney Bowes Wants To Automate India's Mailstream, Knowledge@Smu Jan 2007

Post Haste: Why Pitney Bowes Wants To Automate India's Mailstream, Knowledge@Smu

Knowledge@SMU

How big is the mailbag of the world's most populous democracy? In a recent annual report, the Indian Department of Posts claims that its mail traffic was 8.6 billion pieces in 2003-04. In 2004-05, it says, that number dipped to 7.4 billion. Sound like a business in gradual decline? Not so, say executives at Pitney Bowes, the U.S.-based provider of mail management services, which has $5.5 billion in annual revenues and more than 35,000 employees worldwide. Two years ago Pitney Bowes took over its Indian distributor to set up shop in that country. How has its foray fared so far? …


What's In A Name? For Apple, A Focus On The Digital Living Room, Knowledge@Smu Jan 2007

What's In A Name? For Apple, A Focus On The Digital Living Room, Knowledge@Smu

Knowledge@SMU

Apple's name change from Apple Computer to Apple on January 9 highlights the company's new reality: CEO Steve Jobs' strategy today revolves around converged consumer devices much more than around personal computers. How successful will this new strategy be in the face of competition from Microsoft, Sony, Motorola, Samsung, Nokia and others who are looking to dominate the digital convergence domain?


Will The 2008 Olympics In Beijing Showcase Pollution As Well As World-Class Athletes?, Knowledge@Smu Jan 2007

Will The 2008 Olympics In Beijing Showcase Pollution As Well As World-Class Athletes?, Knowledge@Smu

Knowledge@SMU

For many, the 2008 Beijing Olympics are seen as a "coming-out" party for the world's most populous nation. China is investing billions of dollars in sports venues such as the Bird's Nest in Beijing, the modernist national stadium currently under construction; subway-line extensions, and other infrastructure improvements to make the games a world-class spectacle. But some wonder whether air pollution will crash China's Olympic party and focus world attention on deepening environmental problems that threaten the country's economic growth.


Opportunity Missed: A Brief Look At Entrepreneurship In The U.S. And China, Knowledge@Smu Jan 2007

Opportunity Missed: A Brief Look At Entrepreneurship In The U.S. And China, Knowledge@Smu

Knowledge@SMU

The promise or threat of China’s economy has fired the American imagination ever since the first Yankee clipper ship captains voyaged there in the 1780s. Whether perceived as a limitless market for American goods or as an intimidating rival, China is indeed a force to be reckoned with. At first glance, Reed Hundt’s In China’s Shadow is another in a recent spate of books probing the nature of China’s startling rise over the last 30 years. Yet Hundt, former chairman of the FCC during the presidency of Bill Clinton, has written a book whose subtitle is more indicative of his …


New School Of Law At Smu To Add Diversity In Legal Education, Singapore Management University Jan 2007

New School Of Law At Smu To Add Diversity In Legal Education, Singapore Management University

SMU Press Releases and News

No abstract provided.


Temporal Aggregation And Risk-Return Relation, Jin Xing, Leping Wang, Jun Yu Jan 2007

Temporal Aggregation And Risk-Return Relation, Jin Xing, Leping Wang, Jun Yu

Research Collection School Of Economics

The function form of a linear intertemporal relation between risk and return is suggested by Merton's [1973. Econometrica 41, 867–887] analytical work for instantaneous returns, whereas empirical studies have examined the nature of this relation using temporally aggregated data, i.e., daily, monthly, quarterly, or even yearly returns. Our paper carefully examines the temporal aggregation effect on the validity of the linear specification of the risk–return relation at discrete horizons, and on its implications on the reliability of the resulting inference about the risk–return relation based on different observation intervals. Surprisingly, we show that, based on the standard Heston's [1993. Review …


Open Vs Sealed Bid Auctions: Testing For Revenue Equivalence Under Singapore's Vehicle Quota System, Roberto S. Mariano, Winston T. H. Koh, Yiu Kuen Tse Jan 2007

Open Vs Sealed Bid Auctions: Testing For Revenue Equivalence Under Singapore's Vehicle Quota System, Roberto S. Mariano, Winston T. H. Koh, Yiu Kuen Tse

Research Collection School Of Economics

Using data from the auction of vehicle quota licenses in Singapore, we study if revenue equivalence holds when the auction format was switched from a sealed-bid format (May 1990 to June 2001) to an open bidding format since July 2001. Our econometric analysis indicates the change in auction format led to a change in bidding behavior. On average, the quota license premium under the open bidding format is about US$1000 (about 7.5% of the Category E license price in June 2001) lower, compared to the forecast level that would have prevailed if there had been no change in the auction …


The Evolution Of The Disclosure Regime In Singapore, Wee Liang Tan Jan 2007

The Evolution Of The Disclosure Regime In Singapore, Wee Liang Tan

Research Collection Lee Kong Chian School Of Business

No abstract provided.


Education, Technology And Skill Premium : A Dynamic General Equilibrium Analysis, Anusha Pai Jan 2007

Education, Technology And Skill Premium : A Dynamic General Equilibrium Analysis, Anusha Pai

Dissertations and Theses Collection (Open Access)

Education, Technology and Skill Premium: a Dynamic General Equilibrium Analysis is a two fold attempt to capture skill premium dynamics. First, it examines results across a cross section of model economies at different stages of economic development. It equates these model economies to real economies and compares skill premium results with the measure of income inequality. Second, it makes a valiant attempt to capture the non linear dynamics present in the US skill premium across 20th century, not captured so far in any dynamic general equilibrium model. Though the simplistic nature of the model leaves out many fine trends, the …