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Information Systems

Bear Stearns Research Center

Research proposals are invited from ISDS faculty for small grants from the center.
Please see the Proposal submission guidelines for more details.



An Integrated Model of Information Security and Risk Management

Prediction and Estimation Markets

Software Agents for Automated Negotiations

Auctions

Bioterrorism Surveillance Systems

Software Testing

Decision Fusion

Health Informatics


An Integrated Model of Information Security and Risk Management

Funding source: Bear Stearns Research Center
Abstract: Empirical research is required to determine security risks, and to verify the effectiveness of security technologies. The proposed research will first empirically determine the probability of breaches for various information security controls. It will then provide an approach that is grounded in empirical data for assessing the probability of security breaches for various security configurations. Finally, an analytical model for determining the optimal security configuration will be developed.
Publications
Assessing and managing information security risk: An experimental investigation and analytical modeling,” Kaushal Chari, Manish Agrawal and Varol Kayhan (working paper)

Prediction and Estimation Markets

Abstract: Information markets are mechanisms that allow a group of possibly geographically dispersed participants to reach and continuously re-evaluate consensus by discovering the value of alternative outcomes.  Evidence suggests that these markets can produce better quality decisions than a small subset of selected decision makers: a finding in direct opposition to the trust we place on expertise.  In challenging and uncertain decision making arenas information markets offer an interesting, and somewhat counter-intuitive approach.  In practice, information markets may be used in combination with other decision making methods, but these market-based mechanisms offer many advantages.   Market types include event and estimation-based prediction markets, decision markets, and idea markets.  This research investigates an integrated research landscape that is assessing various aspects of market types.  Notably, the use of information markets to continually aggregate the individual estimates of diverse software project stakeholders. A market mechanism for software cost estimation has been designed to explore the characteristics that make such an approach possible, and initial experiments based on a simple estimation tasks have been completed.
Publications:
“Project Management Markets”, Berndt, D.J. and Jones, J.L., Project Management Institute (in press, 2008), Newtown Square, PA
“Is That a Cultural Cluster?  Mining Trading Behaviors in Prediction Markets”, Berndt, D. J., A.M. Yassin, J.L. Jones, R. W. Collins, 8th Annual Global Information Technology Management Association World Conference, Naples, Italy 17-19 June 2007
“Workshop on Information and Prediction Markets”, Berndt, D., Jones, J.L. and Collins, R., Global Information Technology Management Association (GITMA) World Conference, June 11-13, 2006, Orlando FL
“Milestone Markets: Software Cost Estimation through Market Trading”, Berndt, D., Jones, J.L. and Finch, D., Proceedings of the Thirty-ninth Annual Hawaii International Conference on Systems Sciences, January 2006, Kauai, Hawaii
“Authority, Credibility, Power and Rewards in Global Information Markets”, Yassin, A.M., R. W. Collins, and D.J. Berndt, 8th Annual Global Information Technology Management Association Conference, Naples Italy, June 17-19, 2007. (Refereed)
“The Impact of Culture on Global Information Markets for Software Cost Estimation”, Yassin, A.M., R. W. Collins, and D.J. Berndt,  7th Annual Global Information Technology Management Association Conference, Orlando FL., June 11-13, 2006. (Refereed)

Software Agents for Automated Negotiations

Abstract: This research develops software agents that can automate negotiations by implementing a multi-issue learning heuristic. Agents learn from the bidding behavior of opponents. The performance of agents is evaluated using an experimental study involving human subjects. Results indicate that software agents can act as effective surrogates of human negotiators.
Publications
Negotiation behaviors in agent-based negotiation support systems”, Manish Agrawal and Kaushal Chari, International Journal of Intelligent Information Technologies, (to appear)
Multi-issue automated negotiations using agents”, Kaushal Chari and Manish Agrawal, INFORMS Journal on Computing, 19 (4), pg. 588-595, Fall 2007

Auctions

Abstract: Today’s supply chains require more dynamic trading practices to better match suppliers with their customers.  Additionally, the purchase decisions faced are rarely made on price alone; but rather on a bundle of attribute values.  With ubiquitous computing and Internet connectivity, newer types of negotiation are emerging such as reverse auctions.  This research looks to develop a heuristic algorithm for multi-attribute reverse auction bid selection that considers two tiers of the supply chain.  The suppliers place bids to meet just-in-time requirements of a manufacturer to quote their consumers’ RFQs.  The heuristic solution is a collection of near optimal bids that attempt to maximize overall profit subject to capacity constraints, supplier delivery dates, and component costs, as well as consumer late delivery penalties.
Publications
“An Allocation Heuristic For Multi-Attribute Supply Chain Reverse Auctions, Jones, J.L. and Jarman, J., Twenty Eighth International Conference on Information Systems, Montréal, Québec, Canada December 9 - 12, 2007

Bioterrorism Surveillance Systems

Abstract: The use of real-time or flash data warehousing provides the essential ability to compare unfolding health events with historical patterns of key surveillance indicators.  A principal contribution of this research is the adroit use of online analytic processing (OLAP) techniques, along with spatial and statistical analyses, to study the adverse effects of biochemical agents.  These techniques will provide important capabilities for epidemiologist-in-the-loop surveillance systems, enabling the rapid exploration of unusual situations and guidance for follow-up investigations.
Publications
“The Role of Data Warehousing for Bioterrorism Surveillance”, D. Berndt, J. Fisher, J. Griffiths, A. Hevner, S. Luther, and J. Studnicki, Decision Support Systems, Special Issue on Cyberinfrastructure for Homeland Security, 43(4): 1383-1403, August 2007.
“Managing Real-Time Bioterrorism Surveillance Data”, D. Berndt, A. Hevner, and J. Griffiths, Chapter in National Security, Edited by H. Chen, T.S. Raghu, R. Ramesh, A. Vinze, and D. Zeng, Handbooks in Information Systems Series, Elsevier, Inc., 2006.

Software Testing

Funded by: National Institute for Systems Test and Productivity (NISTP), (A National Research Center funded by USA Space and Naval warfare Systems Command, Grant No. N00039-01-1-2248)
Abstract: This research extends an exponential reliability growth model to determine the optimal number of test cases to be executed for various use case scenarios during the system testing of software.
Publications
“System Test Planning of Software: An Optimization Approach”, Kaushal Chari and Al Hevner, IEEE Transactions on Software Engineering, 32(7), pg. 503-509, July 2006

Decision Fusion

Abstract: Improved classification performance has practical real-world benefits ranging from improved effectiveness in detecting diseases to increased efficiency in identifying firms committing financial frauds. Multi-classifier combination (MCC) aims to improve classification performance by combining the decisions of multiple individual classifiers. In this paper we present Information Market based Fusion (IMF), a novel multi-classifier combiner method for decision fusion that is based on information markets. In IMF, the individual classifiers are implemented as participants in an information market where they place bets on different object classes. The reciprocals of the market odds that minimize the difference between the total betting amount and the potential payouts for different classes represent the MCC probability estimates of each class being the true object class. By using a market based approach, IMF can adjust to changes in base-classifier performance, while not requiring training data or a static ensemble composition. Experimental results show that when the true classes of objects are only revealed for objects classified as positive, for low positive ratios, IMF outperforms three benchmarks combiner methods, Majority, Average and Weighted Average
Publications
“Information Market Based Decision Fusion”, Johan Perols, Kaushal Chari and Manish Agrawal, Management Science, (Forthcoming)
“Information Market Based Decision Fusion”
, Johan Perols, Kaushal Chari and Manish Agrawal, Utah Winter Conference, Feb. 2007
“Information Market Based Decision Fusion”, Johan Perols, Kaushal Chari and Manish Agrawal, ICIS 2006, Milwaukee, WI, Dec. 2006
“Information Fusion and Information Markets in Multi-Agent Systems”, Johan Perols and Manish Agrawal, WITS 2005, Las Vegas, Dec. 2005

Health Informatics

    CATCH Data Warehouse

Funding source: U.S. Department of Commerce
Abstract: The Comprehensive Assessment for Tracking Community Health (CATCH) data warehouse provides systematic methods for community-level assessment that is invaluable for resource allocation and health care policy formulation.  CATCH is based on health status indicators from multiple data sources, using an innovative comparative framework and weighted evaluation process to produce a rank-ordered list of critical community health care challenges.  The community-level focus is intended to empower local decision-makers by providing a clear methodology for organizing and interpreting relevant health care data.  Extensive field experience with the CATCH methods, in combination with expertise in data warehousing technology, has led to an innovative application of information technology in the health care arena. 
Publications
“Hispanic Health Status in Orange County, Florida”, J. Studnicki, D. Berndt, S. Luther, J. Fisher, K. van Caulil, M. Brennan, Y. Martinez, and P. Clarke, Journal of Public Health Management and Practice, 11(4): 326-332, 2005.
“The Application of Volume-Outcome Contouring in Data Warehousing”, J. Studnicki, D. Berndt, S. Luther, and J. Fisher,  Journal of Healthcare Information Management, 18(4): 49-55, Fall 2004.
“The CATCH Data Warehouse: Support for Community Health Care Decision Making”, Donald J. Berndt, Alan R. Hevner, and James Studnicki, Decision Support Systems, 35: 367-384, 2003.

    Text Mining of Electronic Medical Records

Abstract: This research investigates the use of computer-based methods of extracting information from the textual components of medical records.  Progress notes and patient histories represent a rich source of data that is difficult to use in large-scale studies.  Unlocking these sources of information is an important goal.  Again, this electronic medical record research could offer tremendous opportunities in the classroom.
Publications
“Use of Artificial Neural Networks to Determine Cognitive Impairment and Therapeutic Effectiveness in Alzheimer’s Transgenic Mice", R. Leighty, M. Runfeldt, D. Berndt, W. Schleif, J. Cracchiolo, H. Potter, and G. Arendash, Journal of Neuroscience Methods, 167(2): 358-366, January 2008.
“Feature Selection for Predicting Surgical Outcomes”, Monica Chiarini Tremblay, Donald J. Berndt, and James Studnicki, Proceedings of the 39th Hawaii International Conference on System Sciences (HICSS 39), January 4-7, 2006.
“Utilizing Text Mining Techniques to Identify Fall Related Injuries”, M. Chiarini-Tremblay, D. Berndt, P. Foulis, and S. Luther, Proceedings of the Eleventh Americas Conference on Information Systems (AMCIS 2005), Omaha, Nebraska, August 11-14, 2005.
“Using Knowledge Discovery in Databases to Identify Fall-Related Injuries”, S. L. Luther, M. Tremblay, D. J. Berndt, P. Foulis, D. D. French, L. Z. Rubenstein, Academy Health Annual Research Meeting, Boston, Massachusetts, 2005.