Military Operations Research Society (MORS) Oral History Project Interview of Dr. Jacqueline R. Henningsen, FS

Interviews with Dr. Jacqueline R. Henningsen, FS, took place on February 7, 2006, February 10, 2006, March 1, 2006, May 12, 2006, and September 10, 2016. Mr. Jim Bexfield, FS, Bexfield et al. Military Operations Research Society (MORS) Oral History Project Interview of Dr. Jacqueline R. Henningsen, FS Colonel Roxann Oyler, Mr. Roy Reiss, FS, and Dr. Bob Sheldon, FS, interviewers

Impact of personality traits on entrepreneurial intentions in Pakistan : the moderating role of teaching methodology

An important aspect needed for promoting entrepreneurship is the identification of individuals possessing a specific personality suitable to foster entrepreneurial intentions. Entrepreneurial intentions can be strengthened among the students of the right personality type by endowing them with the required skills and knowledge using experiential teaching methodology. Therefore, this study focused on investigating teaching methodology as the moderating variable in the relationship between personality traits and entrepreneurial intentions. This study utilised the dynamic view of Entrepreneurial Event Model. Data was collected using the stratified proportionate random sampling through a cross-sectional survey of 315 students of sixteen universities in Islamabad, Pakistan. The study used structural equation modelling to test the inter-relationship among the variables. Finding of this study reveals a significant and positive relationship between personality (entrepreneurial proactivity, entrepreneurial creativity, entrepreneurial opportunism and entrepreneurial vision) and entrepreneurial intentions. Moreover, the study further tests the impact of teaching methodologies adopted by lecturers of entrepreneurship in the university. Finding also reveals that experiential teaching methodology has a moderating impact on the relationship between entrepreneurial creativity, entrepreneurial vision and entrepreneurial intentions. Furthermore, teaching methodology does not have a significant moderating influence on the relationship between entrepreneurial proactivity and entrepreneurial intentions, and entrepreneurial vision and entrepreneurial intentions. This study contributes to the literature by suggesting that appropriate experiential teaching methodologies strengthen entrepreneurial intentions. This study provides empirical evidence on personality, teaching methodology and entrepreneurial intentions within the domain of Entrepreneurial Event Model and Human Capital Theory, in the context of Pakistan. The results of this study have implications for students, entrepreneurship teachers, university management, incubation centre managers and policy makers. Finally, limitation of the study and future research directions are discussed

Stochastic volatility

Given the importance of return volatility on a number of practical financial management decisions, the efforts to provide good real- time estimates and forecasts of current and future volatility have been extensive. The main framework used in this context involves stochastic volatility models. In a broad sense, this model class includes GARCH, but we focus on a narrower set of specifications in which volatility follows its own random process, as is common in models originating within financial economics. The distinguishing feature of these specifications is that volatility, being inherently unobservable and subject to independent random shocks, is not measurable with respect to observable information. In what follows, we refer to these models as genuine stochastic volatility models. Much modern asset pricing theory is built on continuous- time models. The natural concept of volatility within this setting is that of genuine stochastic volatility. For example, stochastic-volatility (jump-) diffusions have provided a useful tool for a wide range of applications, including the pricing of options and other derivatives, the modeling of the term structure of risk-free interest rates, and the pricing of foreign currencies and defaultable bonds. The increased use of intraday transaction data for construction of so-called realized volatility measures provides additional impetus for considering genuine stochastic volatility models. As we demonstrate below, the realized volatility approach is closely associated with the continuous-time stochastic volatility framework of financial economics. There are some unique challenges in dealing with genuine stochastic volatility models. For example, volatility is truly latent and this feature complicates estimation and inference. Further, the presence of an additional state variable - volatility - renders the model less tractable from an analytic perspective. We examine how such challenges have been addressed through development of new estimation methods and imposition of model restrictions allowing for closed-form solutions while remaining consistent with the dominant empirical features of the data.Stochastic analysis

Designing, Building, and Modeling Maneuverable Applications within Shared Computing Resources

Extending the military principle of maneuver into war-fighting domain of cyberspace, academic and military researchers have produced many theoretical and strategic works, though few have focused on researching actual applications and systems that apply this principle. We present our research in designing, building and modeling maneuverable applications in order to gain the system advantages of resource provisioning, application optimization, and cybersecurity improvement. We have coined the phrase “Maneuverable Applications” to be defined as distributed and parallel application that take advantage of the modification, relocation, addition or removal of computing resources, giving the perception of movement. Our work with maneuverable applications has been within shared computing resources, such as the Clemson University Palmetto cluster, where multiple users share access and time to a collection of inter-networked computers and servers. In this dissertation, we describe our implementation and analytic modeling of environments and systems to maneuver computational nodes, network capabilities, and security enhancements for overcoming challenges to a cyberspace platform. Specifically we describe our work to create a system to provision a big data computational resource within academic environments. We also present a computing testbed built to allow researchers to study network optimizations of data centers. We discuss our Petri Net model of an adaptable system, which increases its cybersecurity posture in the face of varying levels of threat from malicious actors. Lastly, we present work and investigation into integrating these technologies into a prototype resource manager for maneuverable applications and validating our model using this implementation

Investigating types of delinquents in a non-Western country: a group-based model approach

This study focuses on the empirical status for theories of types of delinquents in a non-Western country: Taiwan. Based on the theories and current empirical status of them, current study tries to answer three main questions: (1) How many groups of delinquent trajectories in Taiwan? (2) What factors distinguish between trajectory groups? Do empirical findings support common factors argument or trajectory-specific argument? (3) Do the covariates of delinquency work differently for trajectory groups in different timing?;Using five-year prospective longitudinal research in Taiwan, current research applies Nagin\u27s group-based models to exploring these questions. In group-based models, results show three trajectory groups (never, early and late starters) for boys and two (never and early starters) for girls. It corresponds to what has already found in Western literature for boys, but not for girls. In the risk factor analysis, common risk factor argument gains much support than trajectory-specific argument. Last, in time-varying covariate analysis, the results support the timing argument that covariates work best in later waves for late starters, while they work similar for early starters across time.;Limitations and discussions are provided in the conclusion section. Suggestions for possible intervention and future research are also provided

Training effectiveness among general insurance agents and intention to transfer training as mediator

The role of training for the improvement of skills and knowledge has long been acknowledged. General Insurance agents who are exposed to effective training generally possess the technical knowledge, skills and attitudes to carry out their tasks. In Malaysia, the insurance companies have been investing generously in training so as to enhance the agents’ knowledge and accomplishments. Nevertheless, the present human capital, especially in the financial institutions, falls way below expectations. The theoretical framework of this survey was developed based on past research and the underpinning theory of planned behaviour. This work tested the direct and indirect relationship between training system expectancies, learning style and self-efficacy, also known as the adaptation of belief, and intention to transfer training and training effectiveness among the General Insurance agents in Malaysia. A total of 380 agents representing all the General Insurance companies in Malaysia participated in the survey by filling out the study questionnaires in 2015. The Partial Least Squares (PLS-SEM) approach was utilized to test the hypotheses. The results of the direct relationships between the independent variables (training system expectancies, learning style and self-efficacy) and the dependent variable (training effectiveness) show that they influence training effectiveness. At the same time, it was found that all the independent variables do not significantly influence the mediator, that is, intention to transfer training, on its role of attaining training effectiveness. The indirect relationship between the independent variables and the dependent variable when the mediating variable was incorporated into the relationship, does not support intention to transfer training as a mediator. The theoretical contributions, policy implications, limitations of the study and suggestions for future research were discussed as well

Video reflection and the formation of teacher identity in a team of pre-service and experienced teachers

This paper discusses a project in which a team of pre-service and experienced teachers, following a teaching development model devised by the authors, reflected on videos of the pre-service teachers teaching literacy. Using a discourse analytic approach, the paper focuses on how teachers\u27 joint reflection contributes to student teacher identity formation. Analysis suggests that reflection, at least in the talk of this team, is a language practice with a distinctive generic structure. Using this structure, participants jointly construct professional teacher identities for themselves and others through the key devices of representation, categorization, evaluation, individualization and inclusion.<br /