Research

Cuiusvis hominis est errare, nullius nisi insipientis in errore perseverare.

[Cicero, Philippica 12, 2]

Research Interests

My research focuses on (1) finance, (2) networks, (3) agents and actors and (4) technologies.

Research Projects

1. Financing Decisions

2. Human and Social Capital

3. Standards

4. Energy Efficiency

5. Algorithms

Publications

Articles (Peer Reviewed)

• Yan, M., Zhang, L., Jiang, W., Chan, C.A., Gygax, A.F., Nirmalathas, A., 2024. Energy consumption modeling and optimization of UAV-assisted MEC networks using deep reinforcement learning, IEEE Sensors Journal 24(8), 13629-13639.

• Furtado, D., Gygax, A.F., Chan, C.A., Bush, A.I., 2023. Time to forge ahead: the internet of things for healthcare, Digital Communications and Networks 9(1), 223-235 [Link].

• Yan, M., Li, W., Chan, C.A., Bian, S., I, C.-L., Gygax, A.F., 2019. PECS: Towards personalized edge caching for future service-centric networks, China Communications 16(8), 83-96.

• Sawyer, K.R., Gygax, A.F., 2019. An option-theoretic model of a reputation network, Journal of Mathematical Sociology 43(3), 123-146.

• Yan, M., Chan, C.A., Gygax, A.F., Yan, J., Campbell, L., Nirmalathas, A., Leckie, C., 2019. Modeling the total energy consumption of mobile network services and applications, Energies 12(1), 184. [This article was used by the German Federal Ministry of Transport and Digital Infrastructure (Bundesministerium für Verkehr und digitale Infrastruktur)  to develop the Federal Government of Germany's Wireless Network Strategy (5G) (Mobilfunkstrategie der Bundesregierung).] 

• Yan, M., Chan, C.A., Li, W., Lei, L., Gygax, A.F., I, C.-L., 2019. Assessing the energy consumption of proactive mobile edge caching in wireless networks, IEEE Access 7(1), 104394-104404.

• Yan, M., Chan, C.A., Li, W., I, C.-L., Bian, S., Gygax, A.F., Leckie, C., Hinton, K., Wong, E., Nirmalathas, A., 2016. Network energy consumption assessment of conventional mobile services and over-the-top instant messaging applications, IEEE Journal on Selected Areas in Communications 34, 3168-3180.

• Chan, C.A., Gygax, A.F., Leckie, C., Wong, E., Nirmalathas, A., and Hinton, K., 2016. Telecommunications energy and greenhouse gas emissions management for future network growth, Applied Energy 166, 174-185.

• Chan, C.A., Li, W., Bian, S., I, C.-L., Gygax, A.F., Leckie, C., Yan, M., and Hinton, K., 2015. Assessing network energy consumption of mobile applications, IEEE Communications Magazine 53(11), 182-191.

• Wong, L.H.H., Gygax, A.F., and Wang, P., 2015. Board interlocking network and the design of executive compensation packages, Social Networks 41, 85-100. [This article was listed in the blog 'Top Dollar' on National Affairs.]

• Koropp, C., Grichnik, D., and Gygax, A.F., 2013. Succession financing in family firms, Small Business Economics 41(2),  315-334. [This article was listed in Family Business Insights for Insiders - Summer 2013 - published by INSEAD's Wendel International Centre for Family Enterprise.]

• Chan, C.A., Gygax, A.F., Wong, E., Leckie, C., Nirmalathas, A., and Kilper, D.C., 2013. Methodologies for assessing the use-phase power consumption and greenhouse gas emissions of telecommunications network services, Environmental Science & Technology 47(1), 485-492. [This article was highlighted in the IEEE Photonics Society Newsletter which is published by the Photonics Society Institute of Electrical and Electronic Engineers, August 2013, vol. 47, no. 4.]

• Chan, C.A., Wong, E., Nirmalathas, A., Gygax, A.F., and Leckie, C., 2011. Energy efficiency of on-demand video caching systems and user behavior, Optics Express 19(26), B260-B269.

• Gygax, A.F., and Ong, S., 2011. What do investment banks truly bring to the table? Abacus 47(2), 121-157.

• Gygax, A.F., and Otchere, I., 2010. Index composition changes and the cost of incumbency, Journal of Banking and Finance 34(10), 2500-2509.

• Sawyer, K.R., Gygax, A.F., and Hazledine, M., 2010. Pricing errors and estimates of risk premia in factor models, Annals of Finance 6(3), 391-403.

• Chang, X., Gygax, A.F., Oon, E., and Zhang, H.F., 2008. Audit quality, auditor compensation and initial public offering underpricing, Accounting and Finance 48(3), 391-416. [This article was listed in The Auditor's Report, volume 32, no. 1, Fall 2008, in the Auditing Section of the American Accounting Association.]

• Gygax, A.F., and Griffiths, A., 2007. Do venture capitalists imitate portfolio size? Financial Markets and Portfolio Management 21(1), 69-94.

Contributions to Crowd Science (Peer Reviewed)

• Fišar, M., Greiner, B., Huber, C. Katok, E., Ozkes, A., & The Management Science Reproducibility Collaboration, 2024. Reproducibility in Management Science, Management Science 70(3), 1343-1356. [Note: Member of the Management Science Reproducibility Collaboration].

Monographs

• Gygax, A.F., 2010. Financial Markets, Investment Analysis and Trading in Primary and Secondary Markets, Chapter 27 in the Handbook of Trading, edited by Greg Gregoriou, McGraw-Hill, New York, 403-415.

Other Publications

• Chan, C.A., Wong, E., Nirmalathas, A., Gygax, A.F., Leckie, C., Kilper, D.C., 2012. Towards an energy rating system for telecommunications, Australian Telecommunications Journal 62(5), 77.1-10.

Conference Proceedings

• Chan, C.A., Hao, P., Gygax, A.F., Nirmalathas, A., 2020. Wireless charging of smartwear for health and safety monitoring system. Proceedings of the IEEE PELS Workshop on Emerging Technologies: Wireless Power 2020 (WoW), November 15-19, Seoul, South Korea.

• Chan, C.A., Yan, M., Gygax, A.F., Li, W., Li, L., I, C.-L., Yan, J., Leckie, C., 2019. Big data driven predictive caching at the wireless edge. Proceedings of the 2019 IEEE International Conference on Communications, Shanghai, China.

• Chen, J., Rajasegarar, S., Leckie, C., Gygax, A.F., 2016. Pedestrian behaviour analysis using the Microsoft Kinect. Proceedings of the 2016 IEEE International Conference on Pervasive Computing and Communication Workshops (PerCom Workshops), Sydney, NSW, Australia.

• Chan et al., 2013. Energy audit models for telecommunications networks and services. Proceedings of the Asia Communications and Photonics Conference, ACP.

• Chan et al., 2012. Energy rating for future telecom services: Motivation, methodologies and challenges. Proceedings of the Asia Communications and Photonics Conference, ACP. 

• Gygax, A.F., Hewer, S., Shekhar, C., 2010. Consortium deals and the market for LBOs. Proceedings of the 2010 FMA Annual Meeting, Financial Management Association International, October 18-20, New York, U.S.A.

• Koropp, C., D. Grichnik, D., Gygax, A.F., 2010. Succession financing in family firms. Frontiers of Entrepreneurship Research 2010, Proceedings of the Thirtieth Annual Entrepreneurship Research Conference sponsored by Babson College, IMD and École Polytechnique Fédérale de Lausanne (EPFL), Lausanne, edited by Zacharakis et al.', ISBN 0-910897-32-8. See also in Frontiers of Entrepreneurship Research: Vol. 30: Iss. 13, Article 4. Available at: http://digitalknowledge.babson.edu/fer/vol30/iss13/4

• Gygax, A.F., Henker, T., Liu, W., Loong, K.-W., 2009. Migration of trading and the introduction of single stock futures on the underlying US stocks. Proceedings of the 2009 FMA Annual Meeting, Financial Management Association International, October, Reno NV, U.S.A.

• Gygax, A.F., Lamba, A., Teo, E., Hinchliffe, S, 2008. The effects of business method patents on grantees and their industry rivals. 2008 FMA Annual Meeting, Financial Management Association International, October, Dallas TX, U.S.A.

• Sawyer, K.R. Gygax, A.F., 2006. Testing the arbitrage pricing condition of APT. Proceedings of the Center for Research in Securities Prices (CRSP) Forum, University of Chicago.

• Edward, F., Gygax, A.F., 2004. Attributes of small business and their role in obtaining equity. Proceedings of the 2004 Annual Meeting of the Academy of Entrepreneurial Finance. George Washington University, Washington D.C.

Working Papers

• Gygax, A.F., Hazledine, M., Martin, J.S., 2016. Are directors really irrelevant to capital structure choice? Available at SSRN: https://ssrn.com/abstract=2876221 [A summary of this paper was featured on the Harvard Law Forum on Corporate Governance and Financial Regulation.]

• Gygax, A.F., Hazledine, M., Martin, J.S., 2016. Are fat cats copycats? Evidence from director and consultant network dynamics. Available at SSRN: https://ssrn.com/abstract=2832531

Research Grants

• Smart wearable system with wireless charging for monitoring staff health and productivity in difficult working environment (2017-2019). Department of Economic Development, Jobs, Transport and Resources, State Government of Victoria.

• Modeling Energy Efficiency of Next-Generation Networks (2015-2018). Australian Research Council. Linkage Grant LP150100600. Partner Organization: Bell Labs (Alcatel-Lucent).

Awards/Honors

• Victorian International Education Awards 2014 - Excellence in Innovation in Research Partnerships, sponsored by the State Government of Victoria, Melbourne, Australia, awarded to the Centre for Energy-Efficient Telecommunications, The University of Melbourne (of which I am a team member) 

• 2012 Business/Higher Education Round Table Award for Outstanding Achievement in Collaboration in Research & Development, sponsored by The Institute of Chartered Accountants in Australia, awarded to the Centre for Energy-Efficient Telecommunications, The University of Melbourne & Alcatel Lucent (of which I am a team member)

• Above and Beyond the Call of Duty (ABCD) Award (2009), Organization and Management Theory Division, Academy of Management

• FGF Best Entrepreneurship Research Newcomer Award, G-Forum 2009, 13th Annual Interdisciplinary Entrepreneurship Conference, Leipzig, Germany 

PhD Supervision

• Matthew Hazledine (Board Interlocking Network and Financial Decisions; completed February 2015), Sumitomo Mitsui Banking Corporation 

• Sam Henkel (Essays in International Macro Finance; completed August 2015), State Street, Boston (USA)

Journal Referee (Ad hoc)

Accounting and Finance; Australian Journal of Management; British Journal of Management; Financial Markets and Portfolio Management; Future Generation Computer Systems; IEEE Access; IEEE Communications Magazine; IEEE Internet of Things Journal; Journal of Banking and Finance; Journal of Cleaner Production; Journal of Economic Behavior and Organization; Journal of Financial and Quantitative Analysis (JFQA); Journal of Network and Computer Applications; Management & Organizational History; Quarterly Review of Economics and Finance; Renewable and Sustainable Energy Reviews; Review of Managerial Science; Small Business Economics; Social Networks

Citations

My research has been cited in the following social sciences journals: Accounting & Finance; Accounting Review; Acta Sociologica; Applied Economic Letters; Asian Review of Accounting; Auditing: A Journal of Practice & Theory; Australian Accounting Review; Borsa Istanbul Review; British Accounting Review; British Journal of Management; Corporate Governance; China Journal of Accounting Research; Complexity; Emerging Markets Review; European Accounting Review; Journal of Business Research; Journal of Chinese Governance; Economic Research; Family Business Review; Financial Markets and Portfolio Management; Financial Review; International Entrepreneurship and Management Journal; International Journal of Accounting and Information Management; International Journal of Emerging Markets; International Review of Economics & Finance; International Review of Finance; International Review of Financial Analysis; Investment Management, Stewardship and Sustainability; Journal of Accounting & Economics; Journal of Applied Accounting Research; Journal of Banking & Finance; Journal of Business Finance & Accounting; Journal of Business Venturing; Journal of Corporate Finance; Journal of Family Business Management; Journal of International Financial Markets, Institutions & Money; Journal of Small Business Management; Management Science; Managerial Auditing Journal; Managerial Finance; Review of Managerial Science; Review of Quantitative Finance and Accounting; Revue Francaise de Sociologie; Small Business Economics; Systems; Venture Capital; and Zeitschrift für Betriebswirtschaft.  

My research has been cited in the following science journals and handbooks: Ad Hoc Networks; Bell Labs Technical Journal; CAAI Transactions on Intelligence Technology; China Communications; Circuit World; Cluster Computing; Color Research & Applications; Computer Communications; Computer Networks; Computers in Biology and Medicine; Electronics; Environment, Development and Sustainability; Environmental Impact Assessment Review; Environmental Innovation and Societal Transitions; Environments; Future Generation Computer Systems; IEEE Access;  IEEE Circuits and Systems Magazine; IEEE Communications Magazine; IEEE Communications Surveys & Tutorials; IEEE Internet of Things Journal; IEEE Journal on Selected Topics in Signal Processing; IEEE Photonics Technology Letters; IEEE Transactions on Engineering Management; IEEE Transactions on Green Communications and Networking; IEEE Transactions on Mobile Computing; IEEE Transactions on Power Systems; IEEE Transactions on Network Science and Engineering; IEEE Transactions on Power Systems; IEEE Transactions on Vehicular Technology; IEEE Transactions on Wireless Communications; IEEE Wireless Communications; Information Processing & Management; International Journal of Hydrogen Energy; Internet of Things; Journal of Cleaner Production; Journal of Green Engineering; Journal of Lightwave Technology; Journal of Network and Computer Applications; Journal of Optical Communications and Networking; Journal of Parallel and Distributed Computing; Journal of Power Sources; Journal of Systems Architecture; Mobile Information Systems; Mobile Networks and Applications; Nano Energy; Optical Switching and Networking; PLOS One; Renewable & Sustainable Energy Reviews; Science of the Total Environment; Scientific Reports; Scientometrics; Sensors; Signal, Image and Video Processing; Springer Handbook of Optical Networks; Sustainability; Technologies; Telecommunication Systems; and Wireless Personal Communications. 

Media Coverage

Internet

Discovery News (Discovery Channel, USA), Climate Wire (Environment & Energy Publishing LLC, USA), American Chemical Society Pressroom, ScienceDaily, phys.org, EurekAlert!, bigThink.com, redOrbit.com, Eco-Business, Acquire Media News Edge, Bianca Bosker (Executive Tech Editor Huffington Post), Silicon Valley Reporter, NewsNow.co.uk (UK), Nouvelle Europe (Belgium), Adverbum (France), Futura Sciences (France), Fortune FDEsouche (France), Asian News International, Yahoo! India, MSN India, IndiaVision, TopNews, National Affairs.

Newspapers

Corriere della Sera (Italy), Times of India, The Hindu.