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This article analyzes the relationships between different conceptions of time, socioeconomic development and cultural values.
Abstract
Purpose
This article analyzes the relationships between different conceptions of time, socioeconomic development and cultural values.
Design/methodology/approach
We focus on three major aspects of time, namely, 1) duration, 2) orientation and 3) tempo. Furthermore, we draw on modernization theory to distinguish between agrarian/traditional and industrial/modern societies and their respective cultural values.
Findings
Analyses indicate that agrarian/traditional societies with cultural values such as collectivism, survival, religiosity and hierarchical structures are marked by subjective/cyclical/inaccurate, past-oriented and slow-paced conceptions of time. In contrast, industrial/modern societies with cultural values such as individualism, self-expression, secularism and egalitarianism are marked by objective/linear/accurate, future-oriented and accelerated conceptions of time.
Originality/value
This paper introduces an original conceptualization of the three dimensions of time – duration, orientation and tempo – previously overlooked in the literature. Additionally, it provides an in-depth and comprehensive analysis of the relationships between time, culture and socioeconomic development.
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M. Mary Victoria Florence and E. Priyadarshini
This study aims to propose the use of time series autoregressive integrated moving average (ARIMA) models to predict gas path performance in aero engines. The gas path is a…
Abstract
Purpose
This study aims to propose the use of time series autoregressive integrated moving average (ARIMA) models to predict gas path performance in aero engines. The gas path is a critical component of an aero engine and its performance is essential for safe and efficient operation of the engine.
Design/methodology/approach
The study analyzes a data set of gas path performance parameters obtained from a fleet of aero engines. The data is preprocessed and then fitted to ARIMA models to predict the future values of the gas path performance parameters. The performance of the ARIMA models is evaluated using various statistical metrics such as mean absolute error, mean squared error and root mean squared error. The results show that the ARIMA models can accurately predict the gas path performance parameters in aero engines.
Findings
The proposed methodology can be used for real-time monitoring and controlling the gas path performance parameters in aero engines, which can improve the safety and efficiency of the engines. Both the Box-Ljung test and the residual analysis were used to demonstrate that the models for both time series were adequate.
Research limitations/implications
To determine whether or not the two series were stationary, the Augmented Dickey–Fuller unit root test was used in this study. The first-order ARIMA models were selected based on the observed autocorrelation function and partial autocorrelation function.
Originality/value
Further, the authors find that the trend of predicted values and original values are similar and the error between them is small.
Details
Keywords
Seyed Ashkan Zarghami and Ofer Zwikael
A variety of buffer allocation methods exist to distribute an aggregated time buffer among project activities. However, these methods do not pay simultaneous attention to two key…
Abstract
Purpose
A variety of buffer allocation methods exist to distribute an aggregated time buffer among project activities. However, these methods do not pay simultaneous attention to two key attributes of disruptive events that may occur during the construction phase: probability and impact. This paper fills this research gap by developing a buffer allocation method that takes into account the synergistic impact of these two attributes on project activities.
Design/methodology/approach
This paper develops a three-step method, calculating the probability that project activities are disrupted in the first step, followed by measuring the potential impact of disruption on project activities, and then proposing a risk-informed buffer allocation index by simultaneously integrating probability and impact outputs from the first two steps.
Findings
The proposed method provides more accurate results by sidestepping the shortcomings of conventional fuzzy-based and simulation-based methods that are purely based on expert judgments or historical precedence. Further, the paper provides decision-makers with a buffer allocation method that helps in developing cost-effective buffering and backup strategies by prioritizing project activities and their required resources.
Originality/value
This paper develops a risk-informed buffer allocation method that differs from those already available. The simultaneous pursuit of the probability and impact of disruptions distinguishes our method from conventional buffer allocation methods. Further, this paper intertwines the research domains of complexity science and construction management by performing centrality analysis and incorporating a key attribute of project complexity (i.e. the interconnectedness between project activities) into the process for buffer allocation.
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Keywords
Mousumi Karmakar, Vivek Kumar Singh and Sumit Kumar Banshal
This paper aims to explore the impact of the data observation period on the computation of altmetric measures like velocity index (VI) and half-life. Furthermore, it also attempts…
Abstract
Purpose
This paper aims to explore the impact of the data observation period on the computation of altmetric measures like velocity index (VI) and half-life. Furthermore, it also attempts to determine whether article-level computations are better than computations on the whole of the data for computing such measures.
Design/methodology/approach
The complete publication records for the year 2016 indexed in Web of Science and their altmetric data (original tweets) obtained from PlumX are obtained and analysed. The creation date of articles is taken from Crossref. Two time-dependent variables, namely, half-life and VI are computed. The altmetric measures are computed for all articles at different observation points, and by using whole group as well as article-level averaging.
Findings
The results show that use of longer observation period significantly changes the values of different altmetric measures computed. Furthermore, use of article-level delineation is advocated for computing different measures for a more accurate representation of the true values for the article distribution.
Research limitations/implications
The analytical results show that using different observation periods change the measured values of the time-related altmetric measures. It is suggested that longer observation period should be used for appropriate measurement of altmetric measures. Furthermore, the use of article-level delineation for computing the measures is advocated as a more accurate method to capture the true values of such measures.
Practical implications
The research work suggests that altmetric mentions accrue for a longer period than the commonly believed short life span and therefore the altmetric measurements should not be limited to observation of early accrued data only.
Social implications
The present study indicates that use of altmetric measures for research evaluation or other purposes should be based on data for a longer observation period and article-level delineation may be preferred. It contradicts the common belief that tweet accumulation about scholarly articles decay quickly.
Originality/value
Several studies have shown that altmetric data correlate well with citations and hence early altmetric counts can be used to predict future citations. Inspired by these findings, majority of such monitoring and measuring exercises have focused mainly on capturing immediate altmetric event data for articles just after the publication of the paper. This paper demonstrates the impact of the observation period and article-level aggregation on such computations and suggests to use a longer observation period and article-level delineation. To the best of the authors’ knowledge, this is the first such study of its kind and presents novel findings.
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Fatemeh Ravandi, Azar Fathi Heli Abadi, Ali Heidari, Mohammad Khalilzadeh and Dragan Pamucar
Untimely responses to emergency situations in urban areas contribute to a rising mortality rate and impact society's primary capital. The efficient dispatch and relocation of…
Abstract
Purpose
Untimely responses to emergency situations in urban areas contribute to a rising mortality rate and impact society's primary capital. The efficient dispatch and relocation of ambulances pose operational and momentary challenges, necessitating an optimal policy based on the system's real-time status. While previous studies have addressed these concerns, limited attention has been given to the optimal allocation of technicians to respond to emergency situation and minimize overall system costs.
Design/methodology/approach
In this paper, a bi-objective mathematical model is proposed to maximize system coverage and enable flexible movement across bases for location, dispatch and relocation of ambulances. Ambulances relocation involves two key decisions: (1) allocating ambulances to bases after completing services and (2) deciding to change the current ambulance location among existing bases to potentially improve response times to future emergencies. The model also considers the varying capabilities of technicians for proper allocation in emergency situations.
Findings
The Augmented Epsilon-Constrained (AEC) method is employed to solve the proposed model for small-sized problem. Due to the NP-Hardness of the model, the NSGA-II and MOPSO metaheuristic algorithms are utilized to obtain efficient solutions for large-sized problems. The findings demonstrate the superiority of the MOPSO algorithm.
Practical implications
This study can be useful for emergency medical centers and healthcare companies in providing more effective responses to emergency situations by sending technicians and ambulances.
Originality/value
In this study, a two-objective mathematical model is developed for ambulance location and dispatch and solved by using the AEC method as well as the NSGA-II and MOPSO metaheuristic algorithms. The mathematical model encompasses three primary types of decision-making: (1) Allocating ambulances to bases after completing their service, (2) deciding to relocate the current ambulance among existing bases to potentially enhance response times to future emergencies and (3) considering the diverse abilities of technicians for accurate allocation to emergency situations.
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Keywords
Xiaojuan Liu, Yinrong Pan and Yutong Han
There is a wealth of value hidden in regional cultural heritage, but its preservation status is not optimistic. This study introduces a method that focuses on the inherent…
Abstract
Purpose
There is a wealth of value hidden in regional cultural heritage, but its preservation status is not optimistic. This study introduces a method that focuses on the inherent cultural value of regional cultural heritage to preserve it by value construction and release.
Design/methodology/approach
Based on the great value of regional cultural heritage due to spatial adjacency and temporal continuity, this paper focuses on its inherent cultural value to explore the preservation path and chooses Shichahai cultural heritage digital resources for a case study. This paper draws lessons from the narrative method of ancient Chinese historiography, constructs a cultural space and tells cultural stories. A linked data organization model for digital resources is created to construct a conceptual cultural space. Then, the space is materialized by linked dataset creation. The authors tell cultural stories discovered from the space, which are presented by various user interfaces using visualization technologies.
Findings
A cultural space promotes the development of a fine-grained description of regional cultural heritage and aids in relationship discovery to enhance the value construction ability. Additionally, storytelling via interactive user interfaces is helpful in the utilization and dissemination of knowledge extracted from a cultural space and enhances the value release of regional cultural heritage. In this way, a path with the inherent cultural value of regional cultural heritage as the core is established, and preservation is achieved.
Originality/value
This study focuses on the inherent cultural value of regional cultural heritage and proposes a new path to preserve these resources. This approach will enrich research on the preservation of regional cultural heritage and contribute to the construction and release of its cultural value.
Details
Keywords
Işıl Candemir and Cenk C. Karahan
This study aims to document the time varying risk premia for market, size, value and momentum factors for an emerging market using a sophisticated conditional asset pricing model…
Abstract
Purpose
This study aims to document the time varying risk premia for market, size, value and momentum factors for an emerging market using a sophisticated conditional asset pricing model. The focus of this study is Turkish stock market denominated in local currency with its peculiar risk premia.
Design/methodology/approach
The authors employ Gagliardini et al.'s (2016) econometric method that uses cross-sectional and time series information simultaneously to infer the path of risk premia from individual stocks.
Findings
Using this methodology, the authors assess several conditioning information and conclude that local dividend yield, inflation and exchange rates have the most explanatory power. The authors document the time varying risk premia in Turkey over three decades.
Originality/value
Existing studies on dynamic estimation of risk premia lack a consensus as to which state variables should be included and to what extent they impact the magnitude of the premium. The authors extend the conditioning information set beyond the ones existing in the literature to determine variables that are specifically important for an emerging market.
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Keywords
Zicheng Zhang, Xinyue Lin, Shaonan Shan and Zhaokai Yin
This study aims to analyze government hotline text data and generating forecasts could enable the effective detection of public demands and help government departments explore…
Abstract
Purpose
This study aims to analyze government hotline text data and generating forecasts could enable the effective detection of public demands and help government departments explore, mitigate and resolve social problems.
Design/methodology/approach
In this study, social problems were determined and analyzed by using the time attributes of government hotline data. Social public events with periodicity were quantitatively analyzed via the Prophet model. The Prophet model is decided after running a comparison study with other widely applied time series models. The validation of modeling and forecast was conducted for social events such as travel and educational services, human resources and public health.
Findings
The results show that the Prophet algorithm could generate relatively the best performance. Besides, the four types of social events showed obvious trends with periodicities and holidays and have strong interpretable results.
Originality/value
The research could help government departments pay attention to time dependency and periodicity features of the hotline data and be aware of early warnings of social events following periodicity and holidays, enabling them to rationally allocate resources to handle upcoming social events and problems and better promoting the role of the big data structure of government hotline data sets in urban governance innovations.
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The purpose of this manuscript, a state feedback gain depends on the optimal design of fractional order PID controller to time-delay system is established. In established optimal…
Abstract
Purpose
The purpose of this manuscript, a state feedback gain depends on the optimal design of fractional order PID controller to time-delay system is established. In established optimal design known as advanced cuttlefish optimizer and random decision forest that is combined performance of random decision forest algorithm (RDFA) and advanced cuttlefish optimizer (ACFO).
Design/methodology/approach
The proposed ACFO uses the concept of crossover and mutation operator depend on position upgrading to enhance its search behavior, calculational speed as well as convergence profile at basic cuttlefish optimizer.
Findings
Fractional order proportional-integrator-derivative (FOPID) controller, apart from as tuning parameters (kp, ki and kd) it consists of two extra tuning parameters λ and µ. In established technology, the increase of FOPID controller is adjusted to reach needed responses that demonstrated using RDFA theory as well as RDF weight matrices is probable to the help of the ACFO method. The uniqueness of the established method is to decrease the failure of the FOPID controller at greater order time delay method with the help of controller maximize restrictions. The objective of the established method is selected to consider parameters set point as well as achieved parameters of time-delay system.
Originality/value
In the established technique used to evade large order delays as well as reliability restrictions such as small excesses, time resolution, as well as fixed condition defect. These methods is implemented at MATLAB/Simulink platform as well as outcomes compared to various existing methods such as Ziegler-Nichols fit, curve fit, Wang method, regression and invasive weed optimization and linear-quadratic regression method.
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Xingrui Zhang, Yunpeng Wang, Eunhwa Yang, Shuai Xu and Yihang Yu
The purpose of the paper is twofold: first, to observe the relationship between sale to list ratio (SLR)/ for-sale inventory (FSI)/ sale count nowcast (SCN) and real/nominal…
Abstract
Purpose
The purpose of the paper is twofold: first, to observe the relationship between sale to list ratio (SLR)/ for-sale inventory (FSI)/ sale count nowcast (SCN) and real/nominal housing value, and second, to produce a handbook of empirical evidence that can serve as a foundation for future research on this topic.
Design/methodology/approach
This paper broadly compiles empirical evidence, using three of the most common causality tests in the field of housing economics. The analysis methods include lagged Pearson correlation test, Granger causality test and cointegration test.
Findings
Causal relationships were observed between SLR/FSI/SCN and both nominal and real housing values. SLR and SCN showed positive long-term correlations with housing value, whereas FSI had a negative correlation. Adjusting the housing value with the Consumer Price Index (CPI) to derive real housing values could potentially alter the direction of the causal relationships. It is crucial to distinguish the long-term relationship from temporal dynamics, as FSI displayed a positive immediate impulse–response relationship with nominal housing price despite the negative long-term correlation.
Originality/value
SLR/FSI/SCN are housing market parameters that have only recently begun to be documented and have seen little use in research. So far, housing market research has revolved around traditional macroeconomic indicators such as unemployment rate. To the best of the authors’ knowledge, this study is one of the first studies that introduce these three parameters into housing market research.
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