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Abstract

Details

The Theory of Monetary Aggregation
Type: Book
ISBN: 978-0-44450-119-6

Abstract

Details

The Theory of Monetary Aggregation
Type: Book
ISBN: 978-0-44450-119-6

Book part
Publication date: 5 October 2018

Nasir Bedewi Siraj, Aminah Robinson Fayek and Mohamed M. G. Elbarkouky

Most decision-making problems in construction are complex and difficult to solve, as they involve multiple criteria and multiple decision makers in addition to subjective…

Abstract

Most decision-making problems in construction are complex and difficult to solve, as they involve multiple criteria and multiple decision makers in addition to subjective uncertainties, imprecisions and vagueness surrounding the decision-making process. In many instances, the decision-making process is based on linguistic terms rather than numerical values. Hence, structured fuzzy consensus-reaching processes and fuzzy aggregation methods are instrumental in multi-criteria group decision-making (MCGDM) problems for capturing the point of view of a group of experts. This chapter outlines different fuzzy consensus-reaching processes and fuzzy aggregation methods. It presents the background of the basic theory and formulation of these processes and methods, as well as numerical examples that illustrate their theory and formulation. Application areas of fuzzy consensus reaching and fuzzy aggregation in the construction domain are identified, and an overview of previously developed frameworks for fuzzy consensus reaching and fuzzy aggregation is provided. Finally, areas for future work are presented that highlight emerging trends and the imminent needs of fuzzy consensus reaching and fuzzy aggregation in the construction domain.

Details

Fuzzy Hybrid Computing in Construction Engineering and Management
Type: Book
ISBN: 978-1-78743-868-2

Keywords

Article
Publication date: 4 July 2023

Yuping Xing and Yongzhao Zhan

For ranking aggregation in crowdsourcing task, the key issue is how to select the optimal working group with a given number of workers to optimize the performance of their…

Abstract

Purpose

For ranking aggregation in crowdsourcing task, the key issue is how to select the optimal working group with a given number of workers to optimize the performance of their aggregation. Performance prediction for ranking aggregation can solve this issue effectively. However, the performance prediction effect for ranking aggregation varies greatly due to the different influencing factors selected. Although questions on why and how data fusion methods perform well have been thoroughly discussed in the past, there is a lack of insight about how to select influencing factors to predict the performance and how much can be improved of.

Design/methodology/approach

In this paper, performance prediction of multivariable linear regression based on the optimal influencing factors for ranking aggregation in crowdsourcing task is studied. An influencing factor optimization selection method based on stepwise regression (IFOS-SR) is proposed to screen the optimal influencing factors. A working group selection model based on the optimal influencing factors is built to select the optimal working group with a given number of workers.

Findings

The proposed approach can identify the optimal influencing factors of ranking aggregation, predict the aggregation performance more accurately than the state-of-the-art methods and select the optimal working group with a given number of workers.

Originality/value

To find out under which condition data fusion method may lead to performance improvement for ranking aggregation in crowdsourcing task, the optimal influencing factors are identified by the IFOS-SR method. This paper presents an analysis of the behavior of the linear combination method and the CombSUM method based on the optimal influencing factors, and optimizes the task assignment with a given number of workers by the optimal working group selection method.

Details

Data Technologies and Applications, vol. 58 no. 2
Type: Research Article
ISSN: 2514-9288

Keywords

Article
Publication date: 17 February 2022

Prajakta Thakare and Ravi Sankar V.

Agriculture is the backbone of a country, contributing more than half of the sector of economy throughout the world. The need for precision agriculture is essential in evaluating…

Abstract

Purpose

Agriculture is the backbone of a country, contributing more than half of the sector of economy throughout the world. The need for precision agriculture is essential in evaluating the conditions of the crops with the aim of determining the proper selection of pesticides. The conventional method of pest detection fails to be stable and provides limited accuracy in the prediction. This paper aims to propose an automatic pest detection module for the accurate detection of pests using the hybrid optimization controlled deep learning model.

Design/methodology/approach

The paper proposes an advanced pest detection strategy based on deep learning strategy through wireless sensor network (WSN) in the agricultural fields. Initially, the WSN consisting of number of nodes and a sink are clustered as number of clusters. Each cluster comprises a cluster head (CH) and a number of nodes, where the CH involves in the transfer of data to the sink node of the WSN and the CH is selected using the fractional ant bee colony optimization (FABC) algorithm. The routing process is executed using the protruder optimization algorithm that helps in the transfer of image data to the sink node through the optimal CH. The sink node acts as the data aggregator and the collection of image data thus obtained acts as the input database to be processed to find the type of pest in the agricultural field. The image data is pre-processed to remove the artifacts present in the image and the pre-processed image is then subjected to feature extraction process, through which the significant local directional pattern, local binary pattern, local optimal-oriented pattern (LOOP) and local ternary pattern (LTP) features are extracted. The extracted features are then fed to the deep-convolutional neural network (CNN) in such a way to detect the type of pests in the agricultural field. The weights of the deep-CNN are tuned optimally using the proposed MFGHO optimization algorithm that is developed with the combined characteristics of navigating search agents and the swarming search agents.

Findings

The analysis using insect identification from habitus image Database based on the performance metrics, such as accuracy, specificity and sensitivity, reveals the effectiveness of the proposed MFGHO-based deep-CNN in detecting the pests in crops. The analysis proves that the proposed classifier using the FABC+protruder optimization-based data aggregation strategy obtains an accuracy of 94.3482%, sensitivity of 93.3247% and the specificity of 94.5263%, which is high as compared to the existing methods.

Originality/value

The proposed MFGHO optimization-based deep-CNN is used for the detection of pest in the crop fields to ensure the better selection of proper cost-effective pesticides for the crop fields in such a way to increase the production. The proposed MFGHO algorithm is developed with the integrated characteristic features of navigating search agents and the swarming search agents in such a way to facilitate the optimal tuning of the hyperparameters in the deep-CNN classifier for the detection of pests in the crop fields.

Details

Journal of Engineering, Design and Technology , vol. 22 no. 3
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 5 June 2017

Anthony Owusu-Ansah, William Mark Adolwine and Eric Yeboah

The purpose of this paper is to test whether temporal aggregation matters when constructing hedonic house price indices for developing markets using Ghana as a case study.

Abstract

Purpose

The purpose of this paper is to test whether temporal aggregation matters when constructing hedonic house price indices for developing markets using Ghana as a case study.

Design/methodology/approach

Monthly, quarterly, semi-yearly and yearly hedonic price indices are constructed and six null hypotheses are tested using the F-ratios to examine the temporal aggregation effect.

Findings

The results show that temporal aggregation may not be a serious issue when constructing hedonic house price indices for developing markets as a result of the smaller sample size which these markets normally have. At even 10 per cent significance level, none of the F-ratios estimated is statistically significant. Analysis of the mean returns and volatilities reveal that indices constructed at the lower level of temporal aggregation are very volatile, suggesting that the volume of transactions can affect the level of temporal aggregation, and so, the temporal aggregation level should not be generalised, as is currently observed in the literature.

Originality/value

The diversification importance of real estate and the introduction of real estate derivatives and home equity insurance as financial products call for the construction of robust and accurate real estate indices in all markets. While almost all empirical research recommends real estate price indices to be conducted at the lower level of temporal aggregation, these studies are largely conducted in developed markets where transactions take place frequently and large transaction databases exist. Unfortunately, little is known about the importance of temporal aggregation effect when constructing indices for developing real estate markets. This paper contributes to fill these gaps.

Details

International Journal of Housing Markets and Analysis, vol. 10 no. 3
Type: Research Article
ISSN: 1753-8270

Keywords

Article
Publication date: 29 March 2013

Anthony Owusu‐Ansah

The purpose of this paper is to examine if temporal aggregation matters in the construction of house price indices and to test the accuracy of alternative index construction…

Abstract

Purpose

The purpose of this paper is to examine if temporal aggregation matters in the construction of house price indices and to test the accuracy of alternative index construction methods.

Design/methodology/approach

Five index construction models based on the hedonic, repeat‐sales and hybrid methods are examined. The accuracy of the alternative index construction methods are examined using the mean squared error and out‐of‐sample technique. Monthly, quarterly, semi‐yearly and yearly indices are constructed for each of the methods and six null hypotheses are tested to examine the temporal aggregation effect.

Findings

Overall, the hedonic is the best method to use. While running separate regressions to estimate the index is best at the broader level of time aggregation like the annual, pooling data together and including time dummies to estimate the index is the best at the lower level of time aggregation. The repeat‐sales method is the least preferred method. The results also show that it is important to limit time to the lowest level of temporal aggregation when construction property price indices.

Practical implications

This paper provides alternative method, the mean squared error method based on an out‐of‐sample technique to evaluate the accuracy of alternative index construction methods.

Originality/value

The introduction of financial products like the property derivatives and home equity insurances to the financial market calls for accurate and robust property price indices. However, the index method and level of temporal aggregation to use still remain unresolved in the index construction literature. This paper contributes to fill these gaps.

Details

Property Management, vol. 31 no. 2
Type: Research Article
ISSN: 0263-7472

Keywords

Article
Publication date: 1 February 2006

Mark Matthews

The purpose of this article is to examine the progress of account aggregation, the means by which consumers can view all their online banking accounts on the same PC screen.

840

Abstract

Purpose

The purpose of this article is to examine the progress of account aggregation, the means by which consumers can view all their online banking accounts on the same PC screen.

Design/methodology/approach

The study looks at the examples of several online banks and their experiences.

Findings

The article finds that account aggregation is very much in its infancy with banks still only on the brink of really exploiting the customer data that account aggregation can provide. It also discovers that, rather than being viewed as a standalone product, it looks as if account aggregation could involve added value services such as enhanced customer security, electronic bill payment and personal cash management services.

Originality/value

This article provides a useful insight into the development of account aggregation.

Details

International Journal of Bank Marketing, vol. 24 no. 2
Type: Research Article
ISSN: 0265-2323

Keywords

Article
Publication date: 23 November 2012

Sami J. Habib and Paulvanna N. Marimuthu

Energy constraint is always a serious issue in wireless sensor networks, as the energy possessed by the sensors is limited and non‐renewable. Data aggregation at intermediate base…

Abstract

Purpose

Energy constraint is always a serious issue in wireless sensor networks, as the energy possessed by the sensors is limited and non‐renewable. Data aggregation at intermediate base stations increases the lifespan of the sensors, whereby the sensors' data are aggregated before being communicated to the central server. This paper proposes a query‐based aggregation within Monte Carlo simulator to explore the best and worst possible query orders to aggregate the sensors' data at the base stations. The proposed query‐based aggregation model can help the network administrator to envisage the best query orders in improving the performance of the base stations under uncertain query ordering. Furthermore, it aims to examine the feasibility of the proposed model to engage simultaneous transmissions at the base station and also to derive a best‐fit mathematical model to study the behavior of data aggregation with uncertain querying order.

Design/methodology/approach

The paper considers small and medium‐sized wireless sensor networks comprised of randomly deployed sensors in a square arena. It formulates the query‐based data aggregation problem as an uncertain ordering problem within Monte Carlo simulator, generating several thousands of uncertain orders to schedule the responses of M sensors at the base station within the specified time interval. For each selected time interval, the model finds the best possible querying order to aggregate the data with reduced idle time and with improved throughput. Furthermore, it extends the model to include multiple sensing parameters and multiple aggregating channels, thereby enabling the administrator to plan the capacity of its WSN according to specific time intervals known in advance.

Findings

The experimental results within Monte Carlo simulator demonstrate that the query‐based aggregation scheme show a better trade‐off in maximizing the aggregating efficiency and also reducing the average idle‐time experienced by the individual sensor. The query‐based aggregation model was tested for a WSN containing 25 sensors with single sensing parameter, transmitting data to a base station; moreover, the simulation results show continuous improvement in best‐case performances from 56 percent to 96 percent in the time interval of 80 to 200 time units. Moreover, the query aggregation is extended to analyze the behavior of WSN with 50 sensors, sensing two environmental parameters and base station equipped with multiple channels, whereby it demonstrates a shorter aggregation time interval against single channel. The analysis of average waiting time of individual sensors in the generated uncertain querying order shows that the best‐case scenario within a specified time interval showed a gain of 10 percent to 20 percent over the worst‐case scenario, which reduces the total transmission time by around 50 percent.

Practical implications

The proposed query‐based data aggregation model can be utilized to predict the non‐deterministic real‐time behavior of the wireless sensor network in response to the flooded queries by the base station.

Originality/value

This paper employs a novel framework to analyze all possible ordering of sensor responses to be aggregated at the base station within the stipulated aggregating time interval.

Details

International Journal of Pervasive Computing and Communications, vol. 8 no. 4
Type: Research Article
ISSN: 1742-7371

Keywords

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