Why buy when you can rent?

Competitive Analysis

The ski rental problem arises from the following scenario. You want to start skiing, but you don’t own any skis. On each day you go skiing, you can either choose to rent skis for cost 1, or you can buy skis for cost s. Since you don’t know when you might get sick of skiing, (or when you might break your leg and be unable to ski again), the number of days d that you will end up skiing is unknown...

Generalizations of Ski-Rental

Suppose you want to start a new hobby: skiing. In the ski shop, they give you the options to either rent skis or buy skis. If you know a priori how many days you will be skiing, then you can easily compute whether you should rent or buy right from the first day. This is an example of offline problems—all information is given at once, even future information. In the real world, you would not kno...

Why buy when you can rent - proxy based resource access for embedded devices

This paper presents a technique by which computationally impoverished devices such as sensors and actuators are able to access significant software and hardware resources by importing them over generic communication links. A key feature offered by the technique is that with very little effort it can be applied to a wide variety of resources ranging from hardware resources such as peripherals an...

Why buy when you can rent?

The Bitcoin cryptocurrency system relies on a novel distributed consensus mechanism relying on economic incentives. It is often argued that Bitcoin is “incentive-compatible” in simplified models; that is, that the scenario in which all miners follow the Bitcoin protocol is a stable Nash Equilibrium in which no miner has any incentive to defect. We introduce the notion of a bribery attack in whi...

“ Can ’ t Buy Me Love ” ( But I Know Where You Can Rent It ) : The Emerging Organizational Community Around Web - based Application Service Providers by Howard

Buy it now: Lessons from eBay

One day, you will discover a new adventure and knowledge by spending more money. But when? Do you think that you need to obtain those all requirements when having much money? Why don't you try to get something simple at first? That's something that will lead you to know more about the world, adventure, some places, history, entertainment, and more? It is your own time to continue reading habit....