From Social Data Mining to Forecasting Socio-Economic Crisis

Socio-economic data mining has a great potential in terms of gaining a better understanding of problems that our economy and society are facing, such as financial instability, shortages of resources, or conflicts. Without large-scale data mining, progress in these areas seems hard or impossible. Therefore, a suitable, distributed data mining infrastructure and research centers should be built in Europe. It also appears appropriate to build a network of Crisis Observatories. They can be imagined as laboratories devoted to the gathering and processing of enormous volumes of data on both natural systems such as the Earth and its ecosystem, as well as on human techno-socio-economic systems, so as to gain early warnings of impending events. Reality mining provides the chance to adapt more quickly and more accurately to changing situations. Further opportunities arise by individually customized services, which however should be provided in a privacy-respecting way. This requires the development of novel ICT (such as a self- organizing Web), but most likely new legal regulations and suitable institutions as well. As long as such regulations are lacking on a world-wide scale, it is in the public interest that scientists explore what can be done with the huge data available. Big data do have the potential to change or even threaten democratic societies. The same applies to sudden and large-scale failures of ICT systems. Therefore, dealing with data must be done with a large degree of responsibility and care. Self-interests of individuals, companies or institutions have limits, where the public interest is affected, and public interest is not a sufficient justification to violate human rights of individuals. Privacy is a high good, as confidentiality is, and damaging it would have serious side effects for society.Comment: 65 pages, 1 figure, Visioneer White Paper, see http://www.visioneer.ethz.c

Sustainable seabed mining: guidelines and a new concept for Atlantis II Deep

The feasibility of exploiting seabed resources is subject to the engineering solutions, and economic prospects. Due to rising metal prices, predicted mineral scarcities and unequal allocations of resources in the world, vast research programmes on the exploration and exploitation of seabed minerals are presented in 1970s. Very few studies have been published after the 1980s, when predictions were not fulfilled. The attention grew back in the last decade with marine mineral mining being in research and commercial focus again and the first seabed mining license for massive sulphides being granted in Papua New Guinea’s Exclusive Economic Zone.Research on seabed exploitation and seabed mining is a complex transdisciplinary field that demands for further attention and development. Since the field links engineering, economics, environmental, legal and supply chain research, it demands for research from a systems point of view. This implies the application of a holistic sustainability framework of to analyse the feasibility of engineering systems. The research at hand aims to close this gap by developing such a framework and providing a review of seabed resources. Based on this review it identifies a significant potential for massive sulphides in inactive hydrothermal vents and sediments to solve global resource scarcities. The research aims to provide background on seabed exploitation and to apply a holistic systems engineering approach to develop general guidelines for sustainable seabed mining of polymetallic sulphides and a new concept and solutions for the Atlantis II Deep deposit in the Red Sea.The research methodology will start with acquiring a broader academic and industrial view on sustainable seabed mining through an online survey and expert interviews on seabed mining. In addition, the Nautilus Minerals case is reviewed for lessons learned and identification of challenges. Thereafter, a new concept for Atlantis II Deep is developed that based on a site specific assessment.The research undertaken in this study provides a new perspective regarding sustainable seabed mining. The main contributions of this research are the development of extensive guidelines for key issues in sustainable seabed mining as well as a new concept for seabed mining involving engineering systems, environmental risk mitigation, economic feasibility, logistics and legal aspects

Alaska-Canada Rail Link Economic Benefits

Construction of the 1,740 km Alaska-Canada Rail Link (ACRL) between Fort Nelson, BC and Delta Junction, Alaska to join the North American rail system to the Alaska Railroad will result in tremendous economic benefits for Canada and the US. The ACRL will provide valuable additional east-west rail capacity and tidewater access to the Pacific, hugely benefitting not only the Yukon and Eastern Alaska regions, into which it will introduce rail transport for the first time, but throughout both countries. The economic benefits of ACRL construction are consistent with Canadian government’s desire to promote Northern development and comparable in significance to those of Canadian Pacific Railway in the 1880’s and the St. Lawrence Seaway in the 1950’s. Construction of the ACRL alone will bring unprecedented economic stimulus to the region in terms of job creation, wages and income tax revenue over multiple years. Table 7-1 below summarizes the benefits from ACRL construction for the Yukon, BC and Canada as a whole. However, these estimates are conservative as they exclude benefits associated with pre-construction activities, railway operation post-construction, sales taxes and corporate taxes as well as all such benefits that will accrue to Alaska and the US

Data Mining in Electronic Commerce

Modern business is rushing toward e-commerce. If the transition is done properly, it enables better management, new services, lower transaction costs and better customer relations. Success depends on skilled information technologists, among whom are statisticians. This paper focuses on some of the contributions that statisticians are making to help change the business world, especially through the development and application of data mining methods. This is a very large area, and the topics we cover are chosen to avoid overlap with other papers in this special issue, as well as to respect the limitations of our expertise. Inevitably, electronic commerce has raised and is raising fresh research problems in a very wide range of statistical areas, and we try to emphasize those challenges.Comment: Published at http://dx.doi.org/10.1214/088342306000000204 in the Statistical Science (http://www.imstat.org/sts/) by the Institute of Mathematical Statistics (http://www.imstat.org

Fifth annual conference on Alaskan placer mining

An abridged format of papers, presentations and addresses given during the 1983 conference held on March 30-31, 1983 compiled and edited by Bruce W. Campbell, Jim Madonna, and M. Susan Husted.Partial funding was provided by the Carl G. Parker Memorial Publishing Fund, University of Alaska, Fairbanks, and the Mining and Mineral Resources Research Institute, U.S. Department of the Interior, Bureau of Mines

The contribution of data mining to information science

The information explosion is a serious challenge for current information institutions. On the other hand, data mining, which is the search for valuable information in large volumes of data, is one of the solutions to face this challenge. In the past several years, data mining has made a significant contribution to the field of information science. This paper examines the impact of data mining by reviewing existing applications, including personalized environments, electronic commerce, and search engines. For these three types of application, how data mining can enhance their functions is discussed. The reader of this paper is expected to get an overview of the state of the art research associated with these applications. Furthermore, we identify the limitations of current work and raise several directions for future research