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The Way We Think: Ethics, Health And The Environment In International Business, David N. Smith Mar 2010

The Way We Think: Ethics, Health And The Environment In International Business, David N. Smith

Research Collection Yong Pung How School Of Law

Breaches of ethics and social responsibility in domestic and international business are typically thought to be anchored in such phenomena as greed, dishonesty and conflict of interest. While these forces are frequently at work in international business transactions, there is often another major force at work when failures of ethics and social responsibility occur. This article addresses the question of what is it about the way that transnational company managers and government officials think or don't think that leads to breaches of ethics and social responsibility - breaches that often result in major health, environmental and social tragedies. The article …


Overinvestment And The Operating Performance Of Seo Firms, Fangjian Fu Mar 2010

Overinvestment And The Operating Performance Of Seo Firms, Fangjian Fu

Research Collection Lee Kong Chian School Of Business

Prior studies have documented that firms' operating performance deteriorates following seasoned equity offerings (SEOs). This paper proposes and empirically tests the hypothesis that the poor performance is caused by managers' overinvestment. I show that, subsequent to the offering, SEO firms tend to invest more heavily than non-issuing control firms that are in the same industry and have enough financial slack and similar amounts of investment opportunities. More importantly, I find a negative relation between post-issue investment and operating performance, controlling for investment opportunities and pre-issue performance. The evidence supports an overinvestment interpretation as it stands in contrast to the prediction …


Probabilistic Public Key Encryption With Equality Test, Guomin Yang, Chik How Tan, Qiong Huang, Duncan S. Wong Mar 2010

Probabilistic Public Key Encryption With Equality Test, Guomin Yang, Chik How Tan, Qiong Huang, Duncan S. Wong

Research Collection School Of Computing and Information Systems

We present a (probabilistic) public key encryption (PKE) scheme such that when being implemented in a bilinear group, anyone is able to check whether two ciphertexts are encryptions of the same message. Interestingly, bilinear map operations are not required in key generation, encryption or decryption procedures of the PKE scheme, but is only required when people want to do an equality test (on the encrypted messages) between two ciphertexts that may be generated using different public keys. We show that our PKE scheme can be used in different applications such as searchable encryption and partitioning encrypted data. Moreover, we show …


Local Coordination Under Bounded Rationality: Coase Meets Simon, Finds Hayek, C. Jason Woodard Mar 2010

Local Coordination Under Bounded Rationality: Coase Meets Simon, Finds Hayek, C. Jason Woodard

Research Collection School Of Computing and Information Systems

This paper explores strategic behavior in a network of firms using an agent-based model. The model exhibits a tension between economic efficiency and the stability of the network in the face of incentives to change its configuration. This tension is to be expected because the conditions of the Coase theorem are violated: the boundedly rational firms in the model lack the ability to discover efficient network configurations or achieve them through collective action. In computational experiments, as predicted by theory, firms frequently became locked into inefficient outcomes or endless cycles of mutual frustration. However, simple institutional innovations such as property …


Estimating The Quality Of Postings In The Real-Time Web, Hady W. Lauw, Alexandros Ntoulas, Krishnaram Kenthapadi Feb 2010

Estimating The Quality Of Postings In The Real-Time Web, Hady W. Lauw, Alexandros Ntoulas, Krishnaram Kenthapadi

Research Collection School Of Computing and Information Systems

Millions of users are posting their status updates, interesting findings, news, ideas and observations in real-time on microblogging services such as Twitter, Jaiku and Plurk. This real-time Web can be a great resource of valuable timely information. Since the real-time Web is completely open and decentralized and anyone may post information at whim, distinguishing interesting and popular postings from the mundane ones is a challenging task. In this paper we study the problem of estimating the quality (or “interestingness”) of postings in the real-time Web. We identify several important factors that are indicative of the quality of postings, and present …


Can Market Failure Cause Political Failure, Madhav S. Aney, Maitreesh Ghatak, Massimo Morelli Feb 2010

Can Market Failure Cause Political Failure, Madhav S. Aney, Maitreesh Ghatak, Massimo Morelli

Research Collection School Of Economics

How can market failure interact with choice of institutional reform made by an electorate? We study this question in the framework of occupational choice where agents are endowed heterogeneously with wealth and talent. In our model, market failure due to unobservability of talent endogenously creates a class structure that affects vote on institutional reform. We find that the preferences of these classes may be highly nonmonotonic in wealth and are often aligned in ways that creates a tension between institutional reforms that are growth maximising and those that are politically feasible. This is in contrast to the world without market …


Efficient Valid Scope For Location-Dependent Spatial Queries In Mobile Environments, Ken C. K. Lee, Wang-Chien Lee, Hong Va Leong, Brandon Unger, Baihua Zheng Feb 2010

Efficient Valid Scope For Location-Dependent Spatial Queries In Mobile Environments, Ken C. K. Lee, Wang-Chien Lee, Hong Va Leong, Brandon Unger, Baihua Zheng

Research Collection School Of Computing and Information Systems

In mobile environments, mobile clients can access information with respect to their locations by submitting Location-Dependent Spatial Queries (LDSQs) to Location-Based Service (LBS) servers. Owing to scarce wireless channel bandwidth and limited client battery life, frequent LDSQ submission from clients must be avoided. Observing that LDSQs issued from a client located at nearby positions would likely return the same query results, we explore the idea of valid scope, which represents a spatial area in which a set of LDSQs will retrieve exactly the same set of query results. With a valid scope derived and an LDSQ result cached, a client …


An Investigation Of Value Updating Bidders In Simultaneous Online Art Auctions, Mayukh Dass, Lynne Seymour, Srinivas K. Reddy Feb 2010

An Investigation Of Value Updating Bidders In Simultaneous Online Art Auctions, Mayukh Dass, Lynne Seymour, Srinivas K. Reddy

Research Collection Lee Kong Chian School Of Business

Simultaneous online auctions, in which the auction of all items being sold starts at the same time and ends at the same time, are becoming popular especially in selling items such as collectables and art pieces. In this paper, we analyze the characteristics of bidders (Reactors) in simultaneous auctions who update their pre-auction value of an item in the presence of influencing bidders (Influencers). We represent an auction as a network of bidders where the nodes represent the bidders participating in the auction and the ties between them represent an Influencer?Reactor relationship. We further develop a random effects bilinear model …


Privacy-Preserving Similarity-Based Text Retrieval, Hwee Hwa Pang, Jialie Shen, Ramayya Krishnan Feb 2010

Privacy-Preserving Similarity-Based Text Retrieval, Hwee Hwa Pang, Jialie Shen, Ramayya Krishnan

Research Collection School Of Computing and Information Systems

Users of online services are increasingly wary that their activities could disclose confidential information on their business or personal activities. It would be desirable for an online document service to perform text retrieval for users, while protecting the privacy of their activities. In this article, we introduce a privacy-preserving, similarity-based text retrieval scheme that (a) prevents the server from accurately reconstructing the term composition of queries and documents, and (b) anonymizes the search results from unauthorized observers. At the same time, our scheme preserves the relevance-ranking of the search server, and enables accounting of the number of documents that each …


Player Performance Prediction In Massively Multiplayer Online Role-Playing Games (Mmorpgs), Kyong Jin Shim, Richa Sharan, Jaideep Srivastava Feb 2010

Player Performance Prediction In Massively Multiplayer Online Role-Playing Games (Mmorpgs), Kyong Jin Shim, Richa Sharan, Jaideep Srivastava

Research Collection School Of Computing and Information Systems

Recent years have seen an ever increasing number of people interacting in the online space. Massively multiplayer online role-playing games (MMORPGs) are personal computer or console-based digital games where thousands of players can simultaneously sign on to the same online, persistent virtual world to interact and collaborate with each other through their in-game characters. In recent years, researchers have found virtual environments to be a sound venue for studying learning, collaboration, social participation, literacy in online space, and learning trajectory at the individual level as well as at the group level. While many games today provide web and GUI-based reports …


An Analysis Of Extreme Price Shocks And Illiquidity Among Trend Followers, Bernard Lee, Shih-Fen Cheng, Annie Koh Feb 2010

An Analysis Of Extreme Price Shocks And Illiquidity Among Trend Followers, Bernard Lee, Shih-Fen Cheng, Annie Koh

Research Collection School Of Computing and Information Systems

We construct an agent-based model to study the interplay between extreme price shocks and illiquidity in the presence of systematic traders known as trend followers. The agent-based approach is particularly attractive in modeling commodity markets because the approach allows for the explicit modeling of production, capacities, and storage constraints. Our study begins by using the price stream from a market simulation involving human participants and studies the behavior of various trend-following strategies, assuming initially that their participation will not impact the market. We notice an incremental deterioration in strategy performance as and when strategies deviate further and further from the …


Twitterrank: Finding Topic-Sensitive Influential Twitterers, Jianshu Weng, Ee Peng Lim, Jing Jiang, Qi He Feb 2010

Twitterrank: Finding Topic-Sensitive Influential Twitterers, Jianshu Weng, Ee Peng Lim, Jing Jiang, Qi He

Research Collection School Of Computing and Information Systems

This paper focuses on the problem of identifying influential users of micro-blogging services. Twitter, one of the most notable micro-blogging services, employs a social-networking model called "following", in which each user can choose who she wants to "follow" to receive tweets from without requiring the latter to give permission first. In a dataset prepared for this study, it is observed that (1) 72.4% of the users in Twitter follow more than 80% of their followers, and (2) 80.5% of the users have 80% of users they are following follow them back. Our study reveals that the presence of "reciprocity" can …


Further Exploration On Relationship Between Crisp Sets And Fuzzy Sets, Zhaoxia Wang, Quan Wang, Ming Bai, Chen Zeng-Qiang, Zhen Sun Feb 2010

Further Exploration On Relationship Between Crisp Sets And Fuzzy Sets, Zhaoxia Wang, Quan Wang, Ming Bai, Chen Zeng-Qiang, Zhen Sun

Research Collection School Of Computing and Information Systems

This paper employs the concept of fuzzify upgrade operator to describe the relationship between crisp sets, fuzzy sets and higher order fuzzy sets, such as type-2 fuzzy sets. Theory analysis and case studies demonstrate that a crisp set can be represented by a type-1 fuzzy set, a type-1 fuzzy set can be represented by a type-2 fuzzy set, and a type-n (n>=2) fuzzy set can be represented by a type-(n+1) (n>=2) fuzzy set. The fuzzify upgrade operator makes crisp sets, type-1 fuzzy sets, type-2 fuzzy sets and any fuzzy sets much more accessible to all readers. The relationship …


Rethinking Community-Service Education In Singapore Schools, Cheng Chye Chua Jan 2010

Rethinking Community-Service Education In Singapore Schools, Cheng Chye Chua

Social Space

From Community Involvement Programmes to Service-Learning, Singapore has continued to grapple with how to encourage the spirit of service among students. Author Chua Cheng Chye, an educator, writes about what is still lacking in the overall picture and why ecological thinking can provide a rounded, holistic approach to service and community-building.


Water And Knowledge Management In Vietnam: Understanding The Mekong Basin, Thomas Menkhoff, Solvay Gerke, Hans-Dieter Evers Jan 2010

Water And Knowledge Management In Vietnam: Understanding The Mekong Basin, Thomas Menkhoff, Solvay Gerke, Hans-Dieter Evers

Social Space

The Mekong river basin is one of the world’s longest rivers affecting the livelihoods of the many communities living along its banks. Combining integrated watershed management and knowledge management theories, the authors describe how the WISDOM project, a joint programme between Vietnam and Germany, is seeking to devise sustainable solutions to life in the Mekong Delta.


A Remanufacturing News-Vendor With Pricing And Take-Back Pricing, Keyu Lu Jan 2010

A Remanufacturing News-Vendor With Pricing And Take-Back Pricing, Keyu Lu

Dissertations and Theses Collection (Open Access)

This paper analyzes the problem of a remanufacturing news-vendor with selling and take-back price decision. In our model, the remanufacturer decides selling price, take-back price, and order quantity for new materials. She then uses the stochastic take-back quantity and the new material to meet the stochastic demand comparably to a news vendor setting. We allow demand and take-back supply to be correlated. In this thesis, we study a production problem with dual input sources: raw materials and recycled or remanufactured take-back items. To answer when mixed-sourcing is best, we analyze the model under deterministic setting first, provide criteria for different …


Aircraft Leasing With Contracts, Qiong Zuo Jan 2010

Aircraft Leasing With Contracts, Qiong Zuo

Dissertations and Theses Collection (Open Access)

We study a problem of rental rate pricing and rental contract designing in aircraft leasing industry. In a framework of Stackelberg game, the system is composed of an airline company (carrier) and an aircraft leasing company (lessor). Acting as the leader, the lessor announces daily rental rates and/or provides long-term contracts on a finite horizon with multiple periods. For each period, the carrier determines the aircraft leasing number to adjust the flight capacity, and applies a dynamic pricing policy for air-tickets based on a seasonally stochastic demand and some economic factor, such as oil price. We find the optimal policies …


Short-Selling Prior To Analyst Recommendations, Can Qu Jan 2010

Short-Selling Prior To Analyst Recommendations, Can Qu

Dissertations and Theses Collection (Open Access)

This paper investigates short-selling five days prior to analyst recommendations by using a complete data set from Reg SHO database during January, 2005 to July, 2007. Empirical tests uncover the evidence that short-sellers significantly increase their short positions prior to negative analyst recommendations, which is consistent with the informed trading hypothesis. This finding is robust to model specification. Further, this paper also examines which of the two competing hypotheses-prediction and tipping-could better explain short-sellers’ informative front-running. The tests indicate that short-sellers use book-to-market ratio as a filter to narrow down their pool of candidates, while market capitalization doesn’t play a …


Understanding Analysts Forecasts, R. J. Louth, P. Joos, S. E. Satchell, Guy Weyns Jan 2010

Understanding Analysts Forecasts, R. J. Louth, P. Joos, S. E. Satchell, Guy Weyns

Research Collection School Of Accountancy

The purpose of this paper is to model analysts’ forecasts. The paper differs from the previous research in that we do not focus on how accurate these predictions may be. Accuracy may indeed be an important quality but we argue instead that another equally important aspect of the analysts’ job is to predict and describe the impact of jump events. In effect, the analysts’ role is one of scenario prediction. Using a Bayesian-inspired generalised method of moments estimation procedure, we use this notion of scenario prediction combined with the structure of the Morgan Stanley analysts’ forecasting database to model …


When Discrete Meets Differential: Assessing The Stability Of Structure From Small Motion, Wen-Yan Lin, Geok-Choo Tan, Loong-Fah Cheong Jan 2010

When Discrete Meets Differential: Assessing The Stability Of Structure From Small Motion, Wen-Yan Lin, Geok-Choo Tan, Loong-Fah Cheong

Research Collection School Of Computing and Information Systems

We provide a theoretical proof showing that under a proportional noise model, the discrete eight point algorithm behaves similarly to the differential eight point algorithm when the motion is small. This implies that the discrete algorithm can handle arbitrarily small motion for a general scene, as long as the noise decreases proportionally with the amount of image motion and the proportionality constant is small enough. This stability result extends to all normalized variants of the eight point algorithm. Using simulations, we show that given arbitrarily small motions and proportional noise regime, the normalized eight point algorithms outperform their differential counterparts …


Do Online Reviews Reflect A Product's True Perceived Quality? An Investigation Of Online Movie Reviews Across Cultures, Noi Sian Koh, Nan Hu, Eric K. Clemons Jan 2010

Do Online Reviews Reflect A Product's True Perceived Quality? An Investigation Of Online Movie Reviews Across Cultures, Noi Sian Koh, Nan Hu, Eric K. Clemons

Research Collection School Of Computing and Information Systems

When does the reported average of online ratings match perceived average assessment? We apply behavioral theory to capture intentions in rating online movie reviews in two dissimilar countries - China and the United States. We argue that consumers' rating behaviors are affected by cultural influences. Based on data collected from imdb.com and douban.com, we found significant differences across raters from these two different cultures. Additionally, we examined how cultural elements influence rating behavior for a hybrid culture - Singapore. Under-reporting bias occurs when consumers with extreme opinions are more likely to report their opinions than consumers with moderate reviews, resulting …


Dual Phase Learning For Large Scale Video Gait Recognition, Jialie Shen, Hwee Hwa Pang, Dacheng Tao, Xuelong Li Jan 2010

Dual Phase Learning For Large Scale Video Gait Recognition, Jialie Shen, Hwee Hwa Pang, Dacheng Tao, Xuelong Li

Research Collection School Of Computing and Information Systems

Accurate gait recognition from video is a complex process involving heterogenous features, and is still being developed actively. This article introduces a novel framework, called GC2F, for effective and efficient gait recognition and classification. Adopting a ”refinement-and-classification” principle, the framework comprises two components: 1) a classifier to generate advanced probabilistic features from low level gait parameters; and 2) a hidden classifier layer (based on multilayer perceptron neural network) to model the statistical properties of different subject classes. To validate our framework, we have conducted comprehensive experiments with a large test collection, and observed significant improvements in identification accuracy relative to …


The Monetary Value Of Virtual Goods: An Exploratory Study In Mmorpgs, Qiu-Hong Wang, Viktor Mayer-Schonberger Jan 2010

The Monetary Value Of Virtual Goods: An Exploratory Study In Mmorpgs, Qiu-Hong Wang, Viktor Mayer-Schonberger

Research Collection School Of Computing and Information Systems

This study investigates the monetary value of time spent in virtual worlds in the context of 24 most popular MMORPGs Building on classic economic theory, we approach this issue through a combination of theoretical modeling, experiment, and cross-sectional time series data analysis. Our findings suggest that intensive social networking and flatter social hierarchy structures are associated with lower monetary value of time spent in-game. Further, two opposite network effects on the monetary value of in-game time spent were observed. One is the positive network effect from the active user base, the other is the negative network effect from the intensity …


Information Technology Diffusion With Influentials, Imitators, And Opponents: Model And Preliminary Evidence, Hasan Cavusoglu, Nan Hu, Yingjiu Li, Dan Ma Jan 2010

Information Technology Diffusion With Influentials, Imitators, And Opponents: Model And Preliminary Evidence, Hasan Cavusoglu, Nan Hu, Yingjiu Li, Dan Ma

Research Collection School Of Computing and Information Systems

Information technology (IT) innovations follow a diverse set of diffusion patterns. Early diffusion models explaining technology diffusion patterns assumed that there is a single homogeneous segment of potential adopters. It was later shown that a two-segment model considering two groups of adopters explains variations in diffusion patterns better than the existing one-segment models. While the two-segment model considers a group of adopters promoting adoption by exerting a positive influence on prospective adopters, it does not consider the members of society who aim to inhibit the adoption process by exerting a negative influence on prospective adopters. In fact, most IT innovations …


Trust-Oriented Composite Service Selection With Qos Constraints, Lei Li, Yang Wang, Ee Peng Lim Jan 2010

Trust-Oriented Composite Service Selection With Qos Constraints, Lei Li, Yang Wang, Ee Peng Lim

Research Collection School Of Computing and Information Systems

In Service-Oriented Computing (SOC) environments, service clients interact with service providers for consuming services. From the viewpoint of service clients, the trust level of a service or a service provider is a critical factor to consider in service selection, particularlywhen a client is looking for a service from a large set of services or service providers. However, a invoked service may be composed of other services. The complex invocations in composite services greatly increase the complexity of trust-oriented service selection. In this paper, we propose novel approaches for composite service representation, trust evaluation and trust-oriented com-posite service selection (with QoS …


Vulnerability Analysis Of Rfid Protocols For Tag Ownership Transfer, Pedro Peris-Lopez, Julio Hernandez-Castro, Juan Tapiador, Tieyan Li, Yingjiu Li Jan 2010

Vulnerability Analysis Of Rfid Protocols For Tag Ownership Transfer, Pedro Peris-Lopez, Julio Hernandez-Castro, Juan Tapiador, Tieyan Li, Yingjiu Li

Research Collection School Of Computing and Information Systems

In RFIDSec’08, Song proposed an ownership transfer scheme, which consists of an ownership transfer protocol and a secret update protocol [7]. The ownership transfer protocol is completely based on a mutual authentication protocol proposed in WiSec’08 [8]. In Rizomiliotis et al. (2009) [6], van Deursen and Radomirovic (2008), the first weaknesses to be identified (tag and server impersonation) were addressed and this paper completes the consideration of them all. We find that the mutual authentication protocol, and therefore the ownership transfer protocol, possesses certain weaknesses related to most of the security properties initially required in protocol design: tag information leakage, …


Information Integration For Graph Databases, Ee Peng Lim, Aixin Sun, Anwitaman Datta, Chang Kuiyu Jan 2010

Information Integration For Graph Databases, Ee Peng Lim, Aixin Sun, Anwitaman Datta, Chang Kuiyu

Research Collection School Of Computing and Information Systems

With increasing interest in querying and analyzing graph data from multiple sources, algorithms and tools to integrate different graphs become very important. Integration of graphs can take place at the schema and instance levels. While links among graph nodes pose additional challenges to graph information integration, they can also serve as useful features for matching nodes representing real-world entities. This chapter introduces a general framework to perform graph information integration. It then gives an overview of the state-of-the-art research and tools in graph information integration.


Educational Institution Reform: Insights From The Complexity-Intelligence Strategy, Pak Tee Ng, Thow Yick Liang Jan 2010

Educational Institution Reform: Insights From The Complexity-Intelligence Strategy, Pak Tee Ng, Thow Yick Liang

Research Collection Lee Kong Chian School Of Business

This paper attempts to draw some significant insights for educational institution reform from the paradigm of organizing around intelligence. Using the Complexity-Intelligence strategy, human organizations are visualized as intelligent beings possessing an orgmind with high collective intelligence, and other intelligence-related characteristics that are commonly found in highly intelligent biological beings including consciousness, complex adaptive dynamic, autopoiesis, self-organization, learning, adaptation and emergence. Such intelligent human organizations primarily focus on quality connection, optimizing the intrinsic intelligence sources, and nurturing a high level of collective intelligence. It is a living intelligence-centric world. In this study, four insights and their implications from the Complexity-Intelligence …


Accounting, Risk, And Revolution, Stefano Harney Jan 2010

Accounting, Risk, And Revolution, Stefano Harney

Research Collection Lee Kong Chian School Of Business

In response to the position of Steve Toms, this article argues that risk must be understood not as it has been posited by capital but rather as it might be taken up by labour. It uses Marx's socialization thesis to maintain that risk is a symptom of possibility for labour. Drawing on the work of Randy Martin the argument culminates in a consideration of the interanimation of capital in labour occasioned by the second helping of risk produced by its commoditisation. It concludes that far from being just what Michel Aglietta calls a social evaluation of private economic activity, risk …


Operational Risk In Trading Platforms, M. Thulasidas Jan 2010

Operational Risk In Trading Platforms, M. Thulasidas

Research Collection School Of Computing and Information Systems

Operational risk is the risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events. A trading platform is a system, and therefore comes under the umbrella definition of operational risk.