Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network™

Open Access. Powered by Scholars. Published by Universities.®

Singapore Management University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 9331 - 9360 of 10474

Full-Text Articles in Entire DC Network

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 …


Lecture Video Enhancement And Editing By Integrating Posture, Gesture, And Text, Feng Wang, Chong-Wah Ngo, Ting-Chuen Pong Feb 2007

Lecture Video Enhancement And Editing By Integrating Posture, Gesture, And Text, Feng Wang, Chong-Wah Ngo, Ting-Chuen Pong

Research Collection School Of Computing and Information Systems

This paper describes a novel framework for automatic lecture video editing by gesture, posture, and video text recognition. In content analysis, the trajectory of hand movement is tracked and the intentional gestures are automatically extracted for recognition. In addition, head pose is estimated through overcoming the difficulties due to the complex lighting conditions in classrooms. The aim of recognition is to characterize the flow of lecturing with a series of regional focuses depicted by human postures and gestures. The regions of interest (ROIs) in videos are semantically structured with text recognition and the aid of external documents. By tracing the …


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 …


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.


Leadership In Knowledge Sharing: Creating Value Through Collaboration, Thomas Menkhoff, Yue Wah Chay, Hans-Dieter Evers, Benjamin Loh Jan 2007

Leadership In Knowledge Sharing: Creating Value Through Collaboration, Thomas Menkhoff, Yue Wah Chay, Hans-Dieter Evers, Benjamin Loh

Research Collection Lee Kong Chian School Of Business

This study aims to understand the antecedents of knowledge sharing behavior amongst tenant firms in Science and Technology Parks (STPs) which has been highlighted as a key factor for the development of an epistemic culture of innovation in STPs. Components of a model of knowledge management leadership with a focus on knowledge sharing and innovative value creation in STPs are developed inspired by the work of Nonaka, Nahapiet and Ghoshal, Guns and others. Collection of data on various relevant measures is ongoing, covering technology firms and STPs in Singapore and other Asian countries. Besides outlining model components and hypotheses, tentative …


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 …


Moving Window Unit Root Test: Locating Real Estate Price Bubbles In Seoul Apartment Market, Shuping Shi Jan 2007

Moving Window Unit Root Test: Locating Real Estate Price Bubbles In Seoul Apartment Market, Shuping Shi

Dissertations and Theses Collection (Open Access)

Bubbles are characterized by rapid expansion followed by a contraction. Evans (1991) shows that stationarity tests suggested by Hamilton and Whiteman (1985) and Diba and Grossman (1988) are incapable of detecting periodically collapsing bubbles. Phillips, Wu, and Yu (2006) advanced the forward recursive unit root test which improves the power significantly in the presence of periodically collapsing bubbles. In this paper, we consider rolling window unit root test with a pre-selected optimum window. A combining use of conventional unit root test and forward recursive unit root test is suggested from the results of power comparison. Furthermore, we apply those three …


Abnormal Trading Volume, Stock Returns And The Momentum Effects, Ying Zheng Jan 2007

Abnormal Trading Volume, Stock Returns And The Momentum Effects, Ying Zheng

Dissertations and Theses Collection (Open Access)

This paper intends to study the intermediate-term momentum and long-term reversal of stock prices by investigating the informational role of unusual trading volume for winner and loser stocks. I argue that unusual trading volume has different implications for winner and loser stocks. Specifically, high trading volume for losers is driven by purchases made by informed investors; while high trade volume for winners could be driven by either information or representativeness bias or both. The arguments are tested in the paper by showing that in the short run, losers/winners with high abnormal trading volume outperform losers/winners with low abnormal trading volume; …


Integrating Semantic Templates With Decision Tree For Image Semantic Learning, Ying Liu, Dengsheng Zhang, Guojun Lu, Ah-Hwee Tan Jan 2007

Integrating Semantic Templates With Decision Tree For Image Semantic Learning, Ying Liu, Dengsheng Zhang, Guojun Lu, Ah-Hwee Tan

Research Collection School Of Computing and Information Systems

Decision tree (DT) has great potential in image semantic learning due to its simplicity in implementation and its robustness to incomplete and noisy data. Decision tree learning naturally requires the input attributes to be nominal (discrete). However, proper discretization of continuous-valued image features is a difficult task. In this paper, we present a decision tree based image semantic learning method, which avoids the difficult image feature discretization problem by making use of semantic template (ST) defined for each concept in our database. A ST is the representative feature of a concept, generated from the low-level features of a collection of …


The Philosophy Of Special Relativity: A Comparison Between Indian And Western Interpretations, Manoj Thulasidas Jan 2007

The Philosophy Of Special Relativity: A Comparison Between Indian And Western Interpretations, Manoj Thulasidas

Research Collection School Of Computing and Information Systems

The Western philosophical phenomenalism could be treated as a kind of philosophical basis of the special theory of relativity. The perceptual limitations of our senses hold the key to the understanding of relativistic postulates. The specialness of the speed of light in our phenomenal space and time is more a matter of our perceptual apparatus, than an input postulate to the special theory of relativity. The author believes that the parallels among the phenomenological, Western spiritual and the Eastern Advaita interpretations of special relativity point to an exciting possibility of unifying the Eastern and Western schools of thought to some …


Searching And Tagging: Two Sides Of The Same Coin?, Qiaozhu Mei, Jing Jiang, Hang Su, Chengxiang Zhai Jan 2007

Searching And Tagging: Two Sides Of The Same Coin?, Qiaozhu Mei, Jing Jiang, Hang Su, Chengxiang Zhai

Research Collection School Of Computing and Information Systems

This paper presents the duality hypothesis of search and tagging, two important behaviors of web users. The hypothesis states that if a user views a document D in the search results for query Q, the user would tend to assign document $D$ a tag identical to or similar to Q; similarly, if a user tags a document D with a tag T, the user would tend to view document D if it is in the search results obtained using T as a query. We formalize this hypothesis with a unified probabilistic model for search and tagging, and show that empirical …


Real-Time Supply Chain Control Via Multi-Agent Adjustable Autonomy, Hoong Chuin Lau, Lucas Agussurja, Ramesh Thangarajoo Jan 2007

Real-Time Supply Chain Control Via Multi-Agent Adjustable Autonomy, Hoong Chuin Lau, Lucas Agussurja, Ramesh Thangarajoo

Research Collection School Of Computing and Information Systems

Real-time supply chain management in a rapidly changing environment requires reactive and dynamic collaboration among participating entities. In this work, we model supply chain as a multi-agent system where agents are subject to an adjustable autonomy. The autonomy of an agent refers to its capability to make and influence decisions within a multi-agent system. Adjustable autonomy means changing the autonomy of the agents during runtime as a response to changes in the environment. In the context of a supply chain, different entities will have different autonomy levels and objective functions as the environment changes, and the goal is to design …


Solving The Teacher Assignment-Course Scheduling Problem By A Hybrid Algorithm, Aldy Gunawan, Kien Ming Ng, Kim Leng Poh Jan 2007

Solving The Teacher Assignment-Course Scheduling Problem By A Hybrid Algorithm, Aldy Gunawan, Kien Ming Ng, Kim Leng Poh

Research Collection School Of Computing and Information Systems

This paper presents a hybrid algorithm for solving atimetabling problem, which is commonly encountered in manyuniversities. The problem combines both teacher assignment andcourse scheduling problems simultaneously, and is presented as amathematical programming model. However, this problem becomesintractable and it is unlikely that a proven optimal solution can beobtained by an integer programming approach, especially for largeproblem instances. A hybrid algorithm that combines an integerprogramming approach, a greedy heuristic and a modified simulatedannealing algorithm collaboratively is proposed to solve the problem.Several randomly generated data sets of sizes comparable to that ofan institution in Indonesia are solved using the proposed algorithm.Computational results …


Iterated Weaker-Than-Weak Dominance, Shih-Fen Cheng, Michael P. Wellman Jan 2007

Iterated Weaker-Than-Weak Dominance, Shih-Fen Cheng, Michael P. Wellman

Research Collection School Of Computing and Information Systems

We introduce a weakening of standard gametheoretic δ-dominance conditions, called dominance, which enables more aggressive pruning of candidate strategies at the cost of solution accuracy. Equilibria of a game obtained by eliminating a δ-dominated strategy are guaranteed to be approximate equilibria of the original game, with degree of approximation bounded by the dominance parameter. We can apply elimination of δ-dominated strategies iteratively, but the for which a strategy may be eliminated depends on prior eliminations. We discuss implications of this order independence, and propose greedy heuristics for determining a sequence of eliminations to reduce the game as far as possible …


What Explains Credit Default Swaps Bid-Ask Spread?, Yaru Chen Jan 2007

What Explains Credit Default Swaps Bid-Ask Spread?, Yaru Chen

Dissertations and Theses Collection (Open Access)

The pace at which the Credit default swaps (CDS) has been growing since its inception topped all projections. Despite the rapid growth, there is still room for enhancement of liquidity in the CDS market. Asymmetric information is another concern of investors in CDS market, however, some literature addressed that it may not be as serious as regarded. Bid-ask spreads is commonly used as a proxy of both liquidity and asymmetric information. Our empirical study confirms that CDS bid-ask spread has explanatory power to CDS premium. We then investigate the liquidity component in CDS bid-ask spreads. We use the bond age, …


On The Integration Of Production And Financial Hedging Decisions In Global Markets, Qing Ding, Lingxiu Dong, Panos Kouvelis Jan 2007

On The Integration Of Production And Financial Hedging Decisions In Global Markets, Qing Ding, Lingxiu Dong, Panos Kouvelis

Research Collection Lee Kong Chian School Of Business

We study the integrated operational and financial hedging decisions faced by a global firm who sells to both home and foreign markets. Production occurs either at a single facility located in one of the markets or at two facilities, one in each market. The company has to invest in capacity before the selling season starts when the demand in both markets and the currency exchange rate are uncertain. The currency exchange rate risk can be hedged by delaying allocation of the capacity to specific markets until both the currency and demand uncertainties are resolved and/or by buying financial option contracts …


Value-At-Risk In It Services Contracts, Robert J. Kauffman, Ryan Sougstad Jan 2007

Value-At-Risk In It Services Contracts, Robert J. Kauffman, Ryan Sougstad

Research Collection School Of Computing and Information Systems

As information systems (IS) and technology solutions become increasingly service-driven, managers are faced with the task of choosing parameters such as service-levels, pricing, and contract duration. Information technology (IT) services vendors manage portfolios of contracts in which parameters, decided at inception, are often subject to future risks. The contract profit maximization decision may adversely affect the risk position of the firm's portfolio of services contracts. We propose a model to inform vendors on setting optimal parameters for IS contracts subject to acceptable levels of risk. The analytic model presented draws from IS economics research and the principles of value-at-risk (VaR) …


An Improvement Heuristic For The Timetabling Problem, Aldy Gunawan, Kien Ming Ng, Kim Leng Poh Jan 2007

An Improvement Heuristic For The Timetabling Problem, Aldy Gunawan, Kien Ming Ng, Kim Leng Poh

Research Collection School Of Computing and Information Systems

This paper formulates a timetabling problem, which is often encountered in a university, as a mathematical programming model. The proposed model combines both teacher assignment and course scheduling problems simultaneously, which causes the entire model to become more complex. We propose an improvement heuristic algorithm to solve such a model. The proposed algorithm has been tested with several randomly generated datasets of sizes that are comparable to those occurring in a university in Indonesia. The computational results show that the improvement heuristic is not only able to obtain good solutions, but is also able to do so within reasonable computational …


Editors' Introduction, Robert John Kauffman, Jae Kyu Lee, Norman M. Sadeh Jan 2007

Editors' Introduction, Robert John Kauffman, Jae Kyu Lee, Norman M. Sadeh

Research Collection School Of Computing and Information Systems

This issue features a blend of empirical studies andtechnology-related articles, covering a number of aspectsof e-commerce research and industry applications. Thecontent includes works on online advertising and customerservice on the Internet, the social and human aspects ofradio frequency identification (RFID), the usability of theWeb, content delivery and wireless local area networks,electronic auctions, micropayments, and e-government.This reflects the editorial mission of this journal, which isto attract a breadth of scholarship from the Computer Science and technical research community, the InformationSystems and Technology research community, and fromthe Management, Strategy, Marketing, Operations, Finance and Policy communities associated with businessschools and schools of public …


National Culture And Its Effects On Knowledge Communication In Online Virtual Communities, Keng Siau, Fiona Fui-Hoon Nah, Min Ling Jan 2007

National Culture And Its Effects On Knowledge Communication In Online Virtual Communities, Keng Siau, Fiona Fui-Hoon Nah, Min Ling

Research Collection School Of Computing and Information Systems

Online virtual communities provide a powerful means of knowledge sharing. Despite the prevalence of online virtual communities, there is a paucity of research to investigate the effect of national culture differences on knowledge sharing in online virtual communities. Are there differences between online virtual communities from different national cultures? This research studies the differences in knowledge-sharing activities between US-based and China-based online virtual communities. Hofstede's dimensions of national culture serve as the theoretical foundation for this research.


Creativity Across Cultures, Kirpal Singh Jan 2007

Creativity Across Cultures, Kirpal Singh

Research Collection School of Social Sciences

No abstract provided.


Businessfinder: Harnessing Presence To Enable Live Yellow Pages For Small, Medium And Micro Mobile Businesses, D. Chakraborty, K. Dasgupta, S. Mittal, Archan Misra, C. Oberle, A. Gupta, E. Newmark Jan 2007

Businessfinder: Harnessing Presence To Enable Live Yellow Pages For Small, Medium And Micro Mobile Businesses, D. Chakraborty, K. Dasgupta, S. Mittal, Archan Misra, C. Oberle, A. Gupta, E. Newmark

Research Collection School Of Computing and Information Systems

Applications leveraging network presence in next-generation cellular networks have so far focused on subscription queries, where "presence" information is extracted from specific devices and sent to entities who have subscribed to such presence information. In this article we present BusinessFinder, a service that leverages the underlying cellular presence substrate to provide efficient, on-demand, context-aware matching of customer requests to nomadic micro businesses as well as small and medium businesses having a mobile workforce. Presence, in the context of BusinessFinder, is not simply limited to phone location and device status, but also encompasses dynamic attributes of vendors (both "mobile" and "static"), …


Geography's Place In Higher Education In Singapore, Lily Kong Jan 2007

Geography's Place In Higher Education In Singapore, Lily Kong

Research Collection School of Social Sciences

Unlike the other papers in this symposium, which deal with countries where there are large numbers of universities, and comparison can be made over time and across space of geography's place in higher education, this paper focuses on a country that was for a long time described as a 'one-university town': Singapore. What interesting story call there be when geography's presence in higher education is so circumscribed? In this paper, the author illustrates how geography's,fate in higher education in Singapore is closely bound up with developments in other parts of the world, not unlike the way in which the country's …


Towards Efficient Computation Of Quality Bounded Solutions In Pomdps: Expected Value Approximation And Dynamic Disjunctive Beliefs, Pradeep Reddy Varakantham, Rajiv Maheswaran, Tapana Gupta, Milind Tambe Jan 2007

Towards Efficient Computation Of Quality Bounded Solutions In Pomdps: Expected Value Approximation And Dynamic Disjunctive Beliefs, Pradeep Reddy Varakantham, Rajiv Maheswaran, Tapana Gupta, Milind Tambe

Research Collection School Of Computing and Information Systems

While POMDPs (partially observable markov decision problems) are a popular computational model with wide-ranging applications, the computational cost for optimal policy generation is prohibitive. Researchers are investigating ever-more efficient algorithms, yet many applications demand such algorithms bound any loss in policy quality when chasing efficiency. To address this challenge, we present two new techniques. The first approximates in the value space to obtain solutions efficiently for a pre-specified error bound. Unlike existing techniques, our technique guarantees the resulting policy will meet this bound. Furthermore, it does not require costly computations to determine the quality loss of the policy. Our second …


A Growth Theory Perspective On The International Diffusion Of Electronic Commerce., S.C Ho, Robert John Kauffman, T.P. Liang Jan 2007

A Growth Theory Perspective On The International Diffusion Of Electronic Commerce., S.C Ho, Robert John Kauffman, T.P. Liang

Research Collection School Of Computing and Information Systems

Information and communication technologies (ICTs) continue to have a profound effect on the economies and societies where they are used. In this article, we propose three related theories to describe the underlying mechanism for growth in e-commerce revenues at the national level. Endogenous growth theory posits that the primary drivers of e-commerce growth are internal to a country. Exogenous growth theory suggests that the primary drivers of e-commerce growth are external to an economic system, and reflect the forces of the regional economy. A blend of these, a mixed endogenous–exogenous growth theory, incorporates drivers from both the economy and …


Albert Rex Bergstrom: 1925-2005, Peter C. B. Phillips Jan 2007

Albert Rex Bergstrom: 1925-2005, Peter C. B. Phillips

Research Collection School Of Economics

No abstract provided.


Statistics With Estimated Parameters, Zhenlin Yang, Yiu Kuen Tse, Zhidong Bai Jan 2007

Statistics With Estimated Parameters, Zhenlin Yang, Yiu Kuen Tse, Zhidong Bai

Research Collection School Of Economics

This paper studies a general problem of making inferences for functions of two sets of parameters where, when the first set is given, there exists a statistic with a known distribution. We study the distribution of this statistic when the first set of parameters is unknown and is replaced by an estimator. We show that under mild conditions the variance of the statistic is inflated when the unconstrained maximum likelihood estimator (MLE) is used, but deflated when the constrained MLE is used. The results are shown to be useful in hypothesis testing and confidence-interval construction in providing simpler and improved …


To Use Or Not To Use?: Poverty Mapping In Cambodia, Tomoki Fujii Jan 2007

To Use Or Not To Use?: Poverty Mapping In Cambodia, Tomoki Fujii

Research Collection School Of Economics

No abstract provided.


Realized Daily Variance Of S&P 500 Cash Index: A Revaluation Of Stylized Facts, Shirley Huang, Qianqiu Liu, Jun Yu Jan 2007

Realized Daily Variance Of S&P 500 Cash Index: A Revaluation Of Stylized Facts, Shirley Huang, Qianqiu Liu, Jun Yu

Research Collection School Of Economics

In this paper the realized daily variance is obtained from intraday transaction prices of the S&P 500 cash index over the period from January 1993 to December 2004. When constructing realized daily variance, market microstructure noise is taken into account using a technique proposed by Zhang, Mykland and Ait-Sahalia (2005). The time series properties of realized daily variance are compared with those of variance estimates obtained from parametric GARCH and stochastic volatility models. Unconditional and dynamic properties concerning the realized daily variance are examined, the relationship between realized variance and returns is investigated, and the stylized facts concerning realized daily …


Image Segmentation Using Multi-Coloured Active Illumination, Tze Ki (Xu Shuqi) Koh, Nicholas Miles, Barrie Hayes-Gill Jan 2007

Image Segmentation Using Multi-Coloured Active Illumination, Tze Ki (Xu Shuqi) Koh, Nicholas Miles, Barrie Hayes-Gill

Research Collection School Of Computing and Information Systems

In this paper, the use of active illumination is extended to image segmentation, specifically in the case of overlapping particles. This work is based on Multi-Flash Imaging (MFI), originally developed by Mitsubishi Electric Labs, to detect depth discontinuities. Illuminations of different wavelengths are projected from multiple positions, providing additional information about a scene compared to conventional segmentation techniques. Shadows are used to identify true object edges. The identification of non- occluded particles is made possible by exploiting the fact that shadows are cast on underlying particles. Implementation issues such as selecting the appropriate colour model and number of illuminations are …