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Singapore Management University

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Articles 6151 - 6180 of 9289

Full-Text Articles in Social and Behavioral Sciences

“Monetary And Currency Policy Management In Asia” By M. Kawai, P.J. Morgan And S. Takaji [Book Review], Hwee Kwan Chow-Tan Jun 2014

“Monetary And Currency Policy Management In Asia” By M. Kawai, P.J. Morgan And S. Takaji [Book Review], Hwee Kwan Chow-Tan

Research Collection School Of Economics

No abstract provided.

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A Bayesian Chi-Squared Test For Hypothesis Testing, Yong Li, Xiao-Bin Liu, Jun Yu Jun 2014

A Bayesian Chi-Squared Test For Hypothesis Testing, Yong Li, Xiao-Bin Liu, Jun Yu

Research Collection School Of Economics

A new Bayesian test statistic is proposed to test a point null hypothesis based on of regular conditions and follows a chi-squared distribution when the null hypothesis is correct. The new statistic has several important advantages that make it appeal in practical applications. First, it is well-defined under improper prior distributions. Second, it avoids Jeffrey-Lindley’s paradox. Third, it is relatively easy to compute, even for models with latent variables. Finally, it is pivotal and its threshold value can be easily obtained from the asymptotic chi-squared distribution. The method is illustrated using some real examples in economics and finance.

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Extremal Quantile Regressions For Selection Models And The Black White Wage Gap, Xavier D'Haultfoeuille, Arnaud Maurel, Yichong Zhang Jun 2014

Extremal Quantile Regressions For Selection Models And The Black White Wage Gap, Xavier D'Haultfoeuille, Arnaud Maurel, Yichong Zhang

Research Collection School Of Economics

We consider the estimation of a semiparametric location-scale model subject to endogenous selection, in the absence of an instrument or a large support regressor. Identification relies on the independence between the covariates and selection, for arbitrarily large values of the outcome. In this context, we propose a simple estimator, which combines extremal quantile regressions with minimum distance. We establish the asymptotic normality of this estimator by extending previous results on extremal quantile regressions to allow for selection. Finally, we apply our method to estimate the black-white wage gap among males from the NLSY79 and NLSY97. We find that premarket factors …

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Seeking Information About Climate Change: Effects Of Media Use In An Extended Prism, Shirley S. Ho, Benjamin H. Detenber, Sonny Rosenthal, Edmund W. J. Lee Jun 2014

Seeking Information About Climate Change: Effects Of Media Use In An Extended Prism, Shirley S. Ho, Benjamin H. Detenber, Sonny Rosenthal, Edmund W. J. Lee

Research Collection College of Integrative Studies

This study replicates and extends the planned risk information seeking model (PRISM) in the context of impersonal risk by incorporating media use as an antecedent of risk information seeking intention. Results indicate that the model applies equally well to Singaporeans’ climate change information seeking intention as it does in the context of personal health information, suggesting that the model is generalizable across different risk and cultural contexts. Findings suggest that media use is an important source of perceived knowledge and, indirectly, sufficiency threshold, which clarifies the role of actual information seeking in risk perceptions and future information seeking.

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Evolving An Information Systems Capstone Course To Align With The Fast Changing Singapore Marketplace, Chris Boesch, Benjamin Kok Siew Gan Jun 2014

Evolving An Information Systems Capstone Course To Align With The Fast Changing Singapore Marketplace, Chris Boesch, Benjamin Kok Siew Gan

Research Collection School Of Computing and Information Systems

Every year, around fifty-five undergraduate teams of four to six students are required to complete a capstone course for the School of Information Systems at Singapore Management University. Each team spends approximately five months working with an industry sponsor using the latest tools and techniques. Students actively learn by implementing the system to solve a real world problem. In addition to delivering value to the local sponsor, our students learn specialized skills currently needed in the marketplace, which might not yet be incorporated into electives and core courses. In this paper, we discuss the tradeoffs of providing students and project …

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An Air Index For Spatial Query Processing In Road Networks, Weiwei Sun, Chunan Chen, Baihua Zheng, Chong Chen, Peng Liu Jun 2014

An Air Index For Spatial Query Processing In Road Networks, Weiwei Sun, Chunan Chen, Baihua Zheng, Chong Chen, Peng Liu

Research Collection School Of Computing and Information Systems

Spatial queries such as range query and kNN query in road networks have received a growing number of attention in real life. Considering the large population of the users and the high overhead of network distance computation, it is extremely important to guarantee the efficiency and scalability of query processing. Motivated by the scalable and secure properties of wireless broadcast model, this paper presents an air index called Network Partition Index (NPI) to support efficient spatial query processing in road networks via wireless broadcast. The main idea is to partition the road network into a number of regions and then …

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The World Economy In 2014, Singapore Management University May 2014

The World Economy In 2014, Singapore Management University

Perspectives@SMU

The U.S., European Union, and China have their own battles to fight

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China And America: Avoiding The Thucydides Trap, Singapore Management University May 2014

China And America: Avoiding The Thucydides Trap, Singapore Management University

Perspectives@SMU

Can China supplant the U.S. as the world’s leading power without military conflict?

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Mapping The Social Sciences Landscape: A Way Forward, David A. Pendlebury May 2014

Mapping The Social Sciences Landscape: A Way Forward, David A. Pendlebury

Library Events

The use of bibliometric data for the analysis of research performance in the social sciences presents significant challenges, especially in some fields whose publication patterns differ markedly from the sciences. For example, the book literature is a more important vehicle for scholarly communication in many social sciences fields than it is in the sciences and, therefore, should not be excluded from examination. A brief review of this and other issues will be presented as well as those that affect attempts to map research activity in the social sciences. Mapping the specialty and higher-level structure of scholarly research and detecting changes …

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Manager's Toolbox: Ethics And Values, Ratan Tata, Philip C. Zerrillo May 2014

Manager's Toolbox: Ethics And Values, Ratan Tata, Philip C. Zerrillo

Asian Management Insights

Ratan Tata zeros in on ethics and values as part of the science of management, and India's current economic journey, in this interview with Philip Zerrillo.

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Surviving Beyond A Third Generation, Andreas Raharso May 2014

Surviving Beyond A Third Generation, Andreas Raharso

Asian Management Insights

Family-owned businesses’ continued survival is unsure. Research indicates the most likely cause is their pursuit of professionalisation.

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The Customer Insight Journey Of Amazing Grace, Pradeep Pant May 2014

The Customer Insight Journey Of Amazing Grace, Pradeep Pant

Asian Management Insights

How do you put consumercentric marketing into action? Make it personal!

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Commodity Super Cycles: A Reality Check, Maureen Derooij May 2014

Commodity Super Cycles: A Reality Check, Maureen Derooij

Asian Management Insights

Do commodity super cycles exist, or are we simply seeing patterns in randomness? More importantly, are we in the middle of one that is showing signs of going bust?

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Managing Innovation Risk, Madhabi Puri Buch May 2014

Managing Innovation Risk, Madhabi Puri Buch

Asian Management Insights

Risk in banks is nearly always considered a dirty word. Yet a handful of simple ideas can help manage innovation risk effectively.

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What Keeps Managers Awake At Night?, Hari Krishnan May 2014

What Keeps Managers Awake At Night?, Hari Krishnan

Asian Management Insights

As the talent acquisition landscape undergoes dramatic change and the lines between the disciplines of recruiting and marketing continue to blur, how can talent leaders stay ahead of their game?

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2nd Isca Productivity Scorecard And Benchmarking Survey Report For The Accountancy Sector In Singapore, Sze Yee Chan, Clarence Goh, Kay Zin May 2014

2nd Isca Productivity Scorecard And Benchmarking Survey Report For The Accountancy Sector In Singapore, Sze Yee Chan, Clarence Goh, Kay Zin

Research Collection School Of Accountancy

As the national accountancy body, the Institute of Singapore Chartered Accountants (ISCA) is pleased to publish this secondProductivity Scorecard and Benchmarking Survey Report. This builds upon our inaugural scorecard and benchmarking reportlast year and, more importantly, is in line with our efforts to play a role in the national drive to restructure our economy byraising the productivity of companies in Singapore and helping them move up the value chain.

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Perceptual Symbols Of Creativity: Coldness Elicits Referential, Warmth Elicits Relational Creativity, Hans Ijzerman, Angela K. Y. Leung, Lay See Ong May 2014

Perceptual Symbols Of Creativity: Coldness Elicits Referential, Warmth Elicits Relational Creativity, Hans Ijzerman, Angela K. Y. Leung, Lay See Ong

Research Collection School of Social Sciences

Research in the cognitive and social psychological science has revealed the pervading relation between body and mind. Physical warmth leads people to perceive others as psychological closer to them and to be more generous towards others. More recently, physical warmth has also been implicated in the processing of information, specifically through perceiving relationships (via physical warmth) and contrasting from others (via coldness). In addition, social psychological work has linked social cues (such as mimicry and power cues) to creative performance. The present work integrates these two literatures, by providing an embodied model of creative performance through relational (warm = relational) …

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The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma May 2014

The New Capitalism: Asia And The Future Of Business, Government, And Society, Ann Florini, Bindu Sharma

Research Collection School of Social Sciences

To have a conversation, the appropriate language is needed. The language is just starting to emerge in both Asia and the West for one of the most important conversations the world is now having—the discussion about the future of business and capitalism. Thailand’s King Bhumibol refers to the sufficiency economy. Harvard’s Michael Porter speaks of shared value. Ellen MacArthur’s eponymous foundation supports the transition to the circular economy. John Elkington proposes breakthrough capitalism. Bhutan’s call to measure progress by gross national happiness (GNH), rather than the narrow metric of gross domestic product (GDP), is now attracting attention around the globe. …

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Committed To Us: Predicting Relationship Closeness Following Nonmarital Romantic Relationship Breakup, Kenneth Tan, Christopher R. Agnew, Laura E. Vanderdrift, S. Marie Harvey May 2014

Committed To Us: Predicting Relationship Closeness Following Nonmarital Romantic Relationship Breakup, Kenneth Tan, Christopher R. Agnew, Laura E. Vanderdrift, S. Marie Harvey

Research Collection School of Social Sciences

There is little research on the nature of relationships between individuals following the termination of a nonmarital romantic relationship. It is largely unknown to what extent former romantic partners remain close following breakup. The present research used the Investment Model of Commitment Processes, assessed prior to romantic breakup, to examine the closeness of post-breakup relationships. Results obtained from two waves of data collected from 143 young adults involved in romantic relationships at Time 1 and experiencing a romantic breakup by Time 2 indicated that pre-breakup romantic commitment mediated the effects of pre-breakup romantic satisfaction, investments, and alternatives on post-breakup closeness, …

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We Are Not All Bruce Lee, Part 1, Justin Kh Tse May 2014

We Are Not All Bruce Lee, Part 1, Justin Kh Tse

Research Collection School of Social Sciences

What do we really mean when we say that Asian Americans have contributed to American religious life? Often, people seem to mean that Asian Americans are making what Diana Eck calls a “new religious America.” Asian Americans, we are told, are changing the face of American religion from its historic white Anglo-Saxon Protestant dominance to a multicultural, pluralistic landscape of mosques, gurdwaras, and temples.

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We Are Not All Bruce Lee, Part 2, Justin Kh Tse May 2014

We Are Not All Bruce Lee, Part 2, Justin Kh Tse

Research Collection School of Social Sciences

In 1973, the year that Lee died, there was a marked shift among both Asian Americans and Hong Kong cinema – the two sites where Bruce Lee worked – in the portrayal of Asian manhood and its relationship to religion. It was a much more realistic portrayal of what Asian American and Asia-Pacific men were actually up to in terms of religious practice.

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The Fundamental Law Of Highway Congestion Revisited: Evidence From National Expressways In Japan, Wen-Tai Hsu, Hongliang Zhang May 2014

The Fundamental Law Of Highway Congestion Revisited: Evidence From National Expressways In Japan, Wen-Tai Hsu, Hongliang Zhang

Research Collection School Of Economics

The fundamental law of highway congestion states that when congested, the travel speed on an expanded expressway reverts to its previous level before the capacity expansion. In this paper, we propose a theory that generalizes this statement and finds that if there exists a coverage effect, that is, the effect of longer road length on traffic conditional on capacity, then the new equilibrium travel speed could be lower than its previous level. Given the fundamental law, the theory predicts that the elasticity of traffic to road capacity is at least 1. We estimate this elasticity for national expressways in Japan …

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Leaders’ Facial Features As A Potential Source Of Information For Prospective Team Members, Lay See Ong, Guihyun Grace Park, Michal Franc, Norman P. Li May 2014

Leaders’ Facial Features As A Potential Source Of Information For Prospective Team Members, Lay See Ong, Guihyun Grace Park, Michal Franc, Norman P. Li

Research Collection School of Social Sciences

We examined how facial features of team-leaders influence the perception of the team’s social environment by prospective team-members. Finding: highly dominant-looking leaders are related to perceptions of high-vertical and low-horizontal team mobility. We highlight the significance in understanding how these members perceive the team since teams are vital to organizations.

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Stupid Doctors And Smart Construction Workers: Perspective-Taking Reduces Stereotyping Of Both Negative And Positive Targets, Cynthia S. Wang, Gillian Ku, Kenneth Tai, Adam D. Galinsky May 2014

Stupid Doctors And Smart Construction Workers: Perspective-Taking Reduces Stereotyping Of Both Negative And Positive Targets, Cynthia S. Wang, Gillian Ku, Kenneth Tai, Adam D. Galinsky

Research Collection Lee Kong Chian School Of Business

Numerous studies have found that perspective-taking reduces stereotyping and prejudice, but they have only involved negative stereotypes. Because target negativity has been empirically confounded with reduced stereotyping, the general effects of perspective-taking on stereotyping and prejudice are unclear. By including both positively and negatively stereotyped targets, this research offers the first empirical test of two competing hypotheses: The positivity hypothesis predicts that perspective-taking produces a positivity bias, with less stereotyping of negative targets but more stereotyping of positive targets. In contrast, the stereotype-reduction hypothesis predicts that perspective-taking reduces stereotyping, regardless of target valence. Three studies support the stereotype-reduction hypothesis. Perspective-taking …

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Causes And Consequences Of Corporate Asset Exchanges By Listed Companies In China, Fang Lou, Jiwei Wang, Hongqi Yuan May 2014

Causes And Consequences Of Corporate Asset Exchanges By Listed Companies In China, Fang Lou, Jiwei Wang, Hongqi Yuan

Research Collection School Of Accountancy

China's listed companies often exchange corporate assets with their parent companies. We find that listed companies that have been incompletely restructured from former state-owned enterprises and in sound financial condition tend to exchange higher quality assets for lower quality assets (i.e., tunneling). However, when there is a need to avoid reporting a loss and to raise additional capital, listed companies tend to exchange lower quality assets for higher quality assets (i.e., propping). We also find that the market reacts indifferently to asset exchange announcements. Finally, we find asset exchanges motivated by a tunneling (propping) incentive to be associated with poorer …

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Irrational To Expect Low Risk And High Returns, Benedict Koh May 2014

Irrational To Expect Low Risk And High Returns, Benedict Koh

Research Collection Lee Kong Chian School Of Business

The low interest paid on Central Provident Fund (CPF) balances when compared with the relatively high returns earned by government investment entities such as Temasek Holdings and GIG is a common gripe.

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Wealth Management In Singapore, Francis Koh May 2014

Wealth Management In Singapore, Francis Koh

Research Collection Lee Kong Chian School Of Business

As early as 2015, Singapore may oust Switzerland as the world’s top finance hub. But the path forward requires adjustments in the strategic direction of individual firms. Wealth management in Singapore is vibrant, growing, challenging.

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Media Frames And Cognitive Accessibility: What Do "Global Warming" And "Climate Change" Evoke Partisan Minds?, Jonathon P. Schuldt, Sungjong Roh May 2014

Media Frames And Cognitive Accessibility: What Do "Global Warming" And "Climate Change" Evoke Partisan Minds?, Jonathon P. Schuldt, Sungjong Roh

Research Collection Lee Kong Chian School Of Business

Decades of research demonstrate that how the public thinks about a given issue is affected by how it is framed by the media. Typically, studies of framing vary how an issue is portrayed (often, by altering the text of written communication) and compare subsequent beliefs, attitudes, or preferences—taking a framing effect as evidence that a media frame (or frame in communication) instantiated a particular audience frame (or frame in thought). Less work, however, has attempted to measure frames in thought directly, which may illuminate cognitive mechanisms that underlie framing effects. In this vein, we describe a Web experiment (n = …

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An Oreo With Chinese Characteristics, Srinivas K. Reddy May 2014

An Oreo With Chinese Characteristics, Srinivas K. Reddy

Research Collection Lee Kong Chian School Of Business

In late 2005, Shawn Warren, head of biscuits, Asia Pacific for Kraft, was in desperate need of a quick turnaround strategy. Oreo, after nearly 10 years in the China market was facing the imminent disaster of being completely pulled from the shelves. Local retail channels, along with company headquarters near Chicago, had finally grown impatient of the iconic product's lacklustre sales. When Warren described the turnaround in March 2012, he said, "The first step to solving a problem is to admit you have one. We are committed to have this brand and put resources behind it."

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Maximum Likelihood Estimation Of Partially Observed Diffusion Models, Tore Selland Kleppe, Jun Yu, Hans J. Skaug May 2014

Maximum Likelihood Estimation Of Partially Observed Diffusion Models, Tore Selland Kleppe, Jun Yu, Hans J. Skaug

Research Collection School Of Economics

This paper develops a maximum likelihood (ML) method to estimate partially observed diffusion models based on data sampled at discrete times. The method combines two techniques recently proposed in the literature in two separate steps. In the first step, the closed form approach of Aït-Sahalia (2008) is used to obtain a highly accurate approximation to the joint transition probability density of the latent and the observed states. In the second step, the efficient importance sampling technique of Richard and Zhang (2007) is used to integrate out the latent states, thereby yielding the likelihood function. Using both simulated and real data, …

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