Social and Behavioral Sciences Commons^™

Questioning Proximity: East Asian Tv Dramas In Indonesia, Charlotte Setijadi

Research Collection School of Social Sciences

The study of transnational cultural flows has been of continuing interest among media and communication researchers, with recent studies focusing on cultural flows within geographically and culturally adjacent nations. It is often suggested that the level of “cultural proximity” that exists determines the success of cultural exchange between countries regarded to possess similar cultural traits. This notion, that local audiences will have preference for cultural commodities from countries with which they share cultural ties in recognition of their own culture, has enjoyed much intellectual currency in recent times, especially in relation to analyses of regional media markets. The danger of …

Critical Thinking Straight From The Heart, Seow Hon Tan

Research Collection Yong Pung How School Of Law

The state of the hearts of our young people, specifically whether they have the moral courage to stand up for what they believe in, is in the spotlight again with this newspaper's upcoming Youthink pages intended to showcase their views. The Youthink pages might go some way to show if the concern with our youth is well-founded. An interesting issue is raised: What exactly is critical thinking?

Singapore Management University Report To Stakeholders 2005 - 2006, Singapore Management University

Report to Stakeholders

With the official opening of the city campus in January 2006, SMU marked a new chapter in the history of central Singapore and became an integral part of the area s continual cycle of renewal. Building on the legacy of venerable institutions in Bras Basah that formed the educational hub of yesteryear, our aim is to produce visionary leaders for tomorrow, imbued with a fine sense of ethics and social responsibility for the good of the community.

From its beginning, SMU has been a catalyst for the future development of higher education in Singapore. Two ways that we have done …

Western Corporate Forms And The Social Origin Of Chinese Diaspora Entrepreneurial Networks, Wai Keung Chung

Research Collection School of Social Sciences

No abstract provided.

Future Job Prospects In Singapore, Hian Teck Hoon

Research Collection School Of Economics

No abstract provided.

Ownership Structure, Investment Behaviour And Firm Performance In Japanese Manufacturing Industries, Eric Gedajlovic, Toru Yoshikawa, Motomi Hashimoto

Research Collection Lee Kong Chian School Of Business

Using data spanning the 1996-98 fiscal years of 247 of Japan's largest manufacturers, we empirically evaluate the extent to which a firm's investment behaviour and financial performance are influenced by its ownership structure. To do so, we examine six distinct categories of Japanese shareholders: foreign investors, investment funds, pension funds, banks and insurance companies, affiliated companies and insiders. Our findings strongly indicate that the relationship between the equity stakes of a particular category of investor and a firm' s financial performance and investment behaviour is considerably more complex than is depicted in simple principal-agent representations. Such a result emphasizes the …

Rhythms Of Life: Antecedents And Outcomes Of Work-Family Balance In Employed Parents, Samuel Aryee, E. S. Srinivas, Hwee Hoon Tan

Research Collection Lee Kong Chian School Of Business

This study examined antecedents and outcomes of a fourfold taxonomy of work-family balance in terms of the direction of influence (work-family vs. family-work) and type of effect (conflict vs. facilitation). Respondents were full-time employed parents in India. Confirmatory factor analysis results provided evidence for the discriminant validity of M. R. Frone' s (2003) fourfold taxonomy of work-family balance. Results of moderated regression analysis revealed that different processes underlie the conflict and facilitation components. Furthermore, gender had only a limited moderating influence on the relationships between the antecedents and the components of work-family balance. Last, work-family facilitation was related to the …

Politico-Economic Factors Associated With Interest In Starting A Business: A Multi-Country Study, Thomas Begley, Wee Liang Tan, Herbert Schoch

Research Collection Lee Kong Chian School Of Business

Public health is a legal term of art referring specifically to delineated powers, duties, rights, and responsibilities. An emerging human rights conception of public health justifies government intervention. Intervention involves public officials taking appropriate measures including environmental regulations pursuant to specific legal authority, after balancing private rights and public interests, to protect the health of the public. This article is a critical analysis of the performance of the actors in maintaining environmental standards in India. Part II is a discussion on the source of environmental law in India. Part III discusses the performance of the legislature. Part IV evaluates the …

Statute And Public Policy In Private International Law: Gambling Contracts And Foreign Judgments, Tiong Min Yeo

Research Collection Yong Pung How School Of Law

This note argues that because there is a legal distinction between the public policy defence to the enforcement of foreign judgments under the common law and the corresponding defence in the Reciprocal Enforcement of Commonwealth Judgments Act, the prohibition against the enforcement of foreign wagering transactions under Singapore law is no longer founded on public policy.

Contract Law, Chee Ho Tham, Pearlie Koh, Pey Woan Lee

Research Collection Yong Pung How School Of Law

The rudimentary principle that a contract is only concluded upon the unconditional acceptance of an offer was applied in Koon Seng Construction Pte Ltd v Siem Seng Hing & Co (Pte) Ltd [2005] SGHC 8, where the alleged contract failed in the absence of an unqualified acceptance.

A Bootstrap Test For Conditional Symmetry, Liangjun Su, Sainan Jin

Research Collection School Of Economics

This paper proposes a simple consistent non-parametric test of conditional symmetry based on the principle of characteristic functions. The test statistic is shown to be asymptotically normal under the null hypothesis of conditional symmetry and consistent against any conditional asymmetric distributions. We also study the power against local alternatives, propose a bootstrap version of the test, and conduct a small Monte Carlo simulation to evaluate the finite-sample performance of the test.

Pierre Bayle's Philosophical Commentary On The Words Of Jesus Christ: Compel Them To Come In, John Kilcullen, Chandran Kukathas

Research Collection School of Social Sciences

In this defence of religious toleration, Bayle discusses the words attributed to Jesus Christ in Luke 14:23, “And the Lord said unto the servant, Go out into the highways and hedges, and compel them to come in, that my house may be full.” Bayle contends that the word compel cannot mean “force.” From this perspective, he constructs his doctrine of toleration based on the singular importance of conscience. Bayle argues that if the orthodox have the right and duty to persecute, then every sect will persecute since every sect considers itself orthodox. The result will be mutual slaughter, something God …

Analysis Of Job-Training Effects On Korean Women, Myoung-Jae Lee, S. J. Lee

Research Collection School Of Economics

We analyse job-training effects on Korean women for the period January 1999 to March 2000, using a large data set of size about 52,000. We employ a number of estimation techniques: Weibull MLE and accelerated failure time approach, which are both parametric; Cox partial likelihood estimator, which is semiparametric; and two pair-matching estimators, which are in essence nonparametric. All of these methods gave the common conclusion that job training for Korean women increased their unemployment duration. The trainings were not cost-effective in the sense that they took too much time 'locking in' the trainees during the training span, compared with …

Human Mental Models Of Humanoid Robots, Sau-Lai Lee, Ivy Yee-Man Lau, Sara Kiesler, Chi-Yue Chiu

Research Collection School of Social Sciences

Effective communication between a person and a robot may depend on whether there exists a common ground of understanding between the two. In two experiments modelled after human-human studies we examined how people form a mental model of a robot's factual knowledge. Participants estimated the robot's knowledge by extrapolating from their own knowledge and from information about the robot's origin and language. These results suggest that designers of humanoid robots must attend not only to the social cues that robots emit but also to the information people use to create mental models of a robot.

The Micro-Foundations Of Intertemporal Price Discrimination, Winston T. H. Koh

Research Collection School Of Economics

This paper investigates the optimality of intertemporal price discrimination for a durable-good monopoly in a model where infinitely-lived households face an intertemporal budget constraint, and consume both durable goods and non-durable goods. We prove that the optimal price of the durable good is not constant, and may decrease or increase over time. Some households may choose to purchase the durable good at a later date, and pay lower or higher prices, since the gain in discounted utility of consuming more of the non-durable good more than compensates for the loss in utility from delaying the consumption of the durable good.

The Creation And Economic Regulation Of Housing Markets: A Comparison Of The Experiences Of Singapore And Korea, Sock-Yong Phang

Research Collection School Of Economics

Privatization, creation of markets and economic regulation are terms that few would immediately associate with the housing sector. Mainstream housing markets in most of the free market economies of the developed world are regarded as competitive markets, with little need for economic regulation of the market. Regulations that attempt to control behavior directly are generally limited to policies relating to rent control, the provision of rental housing or rental allowances for lower income groups, as well as land use regulations and building controls.

The housing sectors of Singapore and Korea are highly unusual in the extent of government involvement and …

Future Job Prospects In Singapore, Hian Teck Hoon

Research Collection School Of Economics

What forces have shaped our nation’s employment and remuneration record so far? Where is Singapore’s unemployment rate headed? What should policy-makers do about it? These are the questions tackled in this paper.

Education, Technological Progress And Economic Growth, Winston T. H. Koh, Hing-Man Leung

Research Collection School Of Economics

An important role of education – and the resultant accumulation of human capital – for a less-developed economy is to facilitate technology diffusion in order for it to catch up with developed economies. This paper presents a model linking education, the accumulation of physical capital and technological progress. In the model, investment in education and the accumulation of physical capital are complementary, and intertwine with the technology progress through related effects on technology diffusion and the expansion of the technology frontier. The allocation of effort to education, the optimal savings rate and the technology gap are endogenously determined in the …

Comment: A Selective Overview Of Nonparametric Methods In Financial Econometrics, Peter C. B. Phillips, Jun Yu

Research Collection School Of Economics

These comments concentrate on two issues arising from Fan’s overview. The first concerns the importance of finite sample estimation bias relative to the specification and discretization biases that are emphasized in Fan’s discussion. Past research and simulations given here both reveal that finite sample effects can be more important than the other two effects when judged from either statistical or economic viewpoints. Second, we draw attention to a very different nonparametric technique that is based on computing an empirical version of the quadratic variation process. This technique is not mentioned by Fan but has many advantages and has accordingly attracted …

An Analytical Framework Of Science Parks And Technology Districts With An Application To Singapore, Francis Koh, Winston T. H. Koh, Ted Feichin Tschang

Research Collection School Of Economics

This paper analyzes the question: What does it take for science parks and technology districts to evolve and grow? We propose an analytical framework to examine the gestation, evolution, and sustainability of science parks and related but broader regional phenomena such as technology districts. The framework comprises three aspects of a science park's development: growth mechanisms, level of technological capabilities, and nature of its integration with national or global markets. The main growth mechanisms we identify are government-led infrastructure provision, agglomeration effects, and continual self-renewal through the creation of new businesses. We apply this framework to analyze Singapore's science park …

Bank Lending And Real Estate In Asia: Market Optimism And Asset Bubbles, Winston T. H. Koh, Roberto S. Mariano, Andrey Pavlov, Sock-Yong Phang, Augustine H. H. Tan, Susan M. Wachter

Research Collection School Of Economics

This paper investigates the Asian real estate price run-up and collapse in the 1990s. We identify financial intermediaries’ underpricing of the put option imbedded in non-recourse mortgage loans as a potential cause for the observed price behavior. This underpricing is due to behavioral causes (lender optimism and disaster myopia) and/or rational response of lenders to market incentives (agency conflicts, deposit insurance, or limited liability of bank shareholders). The empirical evidence suggests that underpricing occurred in Thailand, Malaysia, and Indonesia. Consequently, these countries experienced a more severe market crash than Hong Kong and Singapore, where underpricing was kept under control by …

Effects Of Electronic Trading On The Hang Seng Index Futures Market, Joseph K. W. Fung, Donald Lien, Yiuman Tse, Yiu Kuen Tse

Research Collection School Of Economics

This investigation of the switch from open-outcry trading to electronic trading on the Hang Seng Index (HSI) futures contract reveals that the bid–ask spread narrows and the futures price plays more of a role in information transmission. Factors, such as anonymity in trading and fast order execution in electronic trading, attract informed traders to the futures market, enhancing the information flow. Our results provide support for the worldwide trend of transforming open-outcry markets into electronic trading platforms

Simultaneous Equations In Ordered Discrete Responses With Regressor-Dependent Thresholds, Myoung-Jae Lee, A. Kimhi

Research Collection School Of Economics

The parameters of ordered discrete response (ODR) models are identified only up to a positive scale. In this paper, we examine the identification issue for simultaneous equations with ODR, where the well-known identification problem in simultaneous equations of recovering structural-form parameters from reduced-form parameters is compounded with the ODR identification problem. We allow the thresholds in ODR to be regressor dependent as well as constant; the former is particularly challenging because threshold parameters get mixed with regression parameters, adding one more dimension to the identification problem. We also explore a cross-equation restriction on threshold differences, under which the structural form …

The Structuralist Perspective On Real Exchange Rate, Share Price Level And Employment Path: What Role Is Left For Money?, Edmund S. Phelps, Hian Teck Hoon, Gylfi Zoega

Research Collection School Of Economics

No abstract provided.

An Experience Sampling And Cross-Cultural Investigation Of The Relation Between Pleasant And Unpleasant Emotion, Christie N. Scollon, Ed Diener, Shigehiro Oishi, Robert Biswas-Diener

Research Collection School of Social Sciences

The present study examined whether the relation between pleasant and unpleasant emotion varies across cultures and level of analysis (i.e., within-person vs. between-person). A total of 386 participants included European Americans, Asian Americans, Japanese, Indian, and Hispanic students. Momentary mood was assessed up to 7 times daily for one week. At the between-persons level, pleasant and unpleasant mood were positively correlated among Asian Americans and Japanese, but were uncorrelated among the other groups. Factor correlations at the within-person level were strongly negative in all cultures, suggesting that pleasant and unpleasant feelings are rarely experienced at the same time. Implications for …

Scrutinizing Public Expenditures - Assessing The Performance Of Public Accounts Committees, Rick Stapenhurst, Vinod Sahgal, William Woodley, Riccardo Pelizzo

Research Collection School of Social Sciences

No abstract provided.

Do Rural Land Markets Increase Inequality? Evidence From A Chinese Province, Qian Forrest Zhang

Research Collection School of Social Sciences

Using a 2001 provincial survey, we find that disparities in land-rights distribution have greatly increased in rural China, and the growth of land markets is directly responsible for that. The land markets tend to concentrate land in those who can more efficiently use it. This translates disparities in land-rights distribution to magnified inequality in farm income. However, such widening disparities caused by land markets have compensatory effects on overall rural inequality, as land markets tend to bring up families who would fall at the bottom of income distribution in the absence of such markets. Expansion of markets, in this case, …

A Subjective Approach To The Study Of Oligopolistic Party Systems, Riccardo Pelizzo

Research Collection School of Social Sciences

The purpose of this paper is to present a new theory of the cartel party. My argument is straightforward. Assuming that parties are the political analog of firms, that party systems are the political analog of markets, that the shares of the electorate are the political analog of the market shares that firms control, Western European party systems share with oligopolistic markets some structural features. Yet, to know whether Western European party systems resemble oligopolistic markets, we need to know whether Western European party systems are non-competitive political markets exactly in the same way in which oligopolistic markets are not …

Religious Processions: Urban Politics And Poetics, Lily Kong

Research Collection School of Social Sciences

In this paper, I will explore the ways in which processions, by their very visibility, foreground the relationships between the secular and the sacred, while contributing to a construction of identity and community, and simultaneously surfacing fractures therein. Using the example of multireligious yet secular Singapore, I will examine (a) the state's management of religious processions, including the regulation of time and space for such events, as well as regulations over noise production; (b) the tactics of adaptation, negotiation and resistance that participants engage in at an everyday level in response to the state's ideologies, policies, laws and strategies; (c) …

Analysis And Insights From A Dynamical Model Of Nuclear Plant Safety Risk, Stephen Hess, Alfonso M. Albano, John Gaertner

Research Collection School of Social Sciences

In this paper, we expand upon previously reported results of a dynamical systems model for the impact of plant processes and programmatic performance on nuclear plant safety risk. We utilize both analytical techniques and numerical simulations typical of the analysis of nonlinear dynamical systems to obtain insights important for effective risk management. This includes use of bifurcation diagrams to show that period doubling bifurcations and regions of chaotic dynamics can occur. We also investigate the impact of risk mitigating functions (equipment reliability and loss prevention) on plant safety risk and demonstrate that these functions are capable of improving risk to …