In last month’s first installment in this three-part series, we saw that during challenging economic times (such as that which the dental profession is currently confronting), the terms and provisions of your dental office lease contribute significantly to the financial success of your dental practice. All office leases deal with issues such as (i) annual rent increases, (ii) the right to suble...

This study uses a theoretical model to investigate the optimal level of facility investment and goodwill formation conducted by commercial tenants under uncertainty premium for occupancy recovery. Based on model, we analyze effects introducing series premium-related policies in recent years. Our analyses show that landlord’s obligation compensate damages recognized amendment <Commercial Buil...

The authors examine the impact of assets’ useful lives on firms’ leasing decisions in Canada. Their theoretical analysis demonstrates that firms are more likely to lease assets with shorter useful lives. More specifically, they show that in a competitive financing market, lease payments are a decreasing function of lessors’ tax rates. Therefore, the useful life of an asset is relevant in leasin...

Lease contracts are a powerful and general abstraction for negotiating and arbitrating control of shared networked resources. This paper addresses failure handling and recovery for leasing protocols and services. We present the design and implementation of a robust cooperative leasing service and illustrate its use for managing shared virtual clusters. The state update model is based on interac...

When new tradable fishing allowance markets are established, they are often accompanied by a period of high price volatility. These fluctuations play a significant role in determining the outcomes for the traders involved, and for the investment decisions that allowance holders make when using noisy price signals. This paper reports an evaluation of two market design features that may reduce vo...

Cloud data centers have a large number of resources. Management of such huge amount of resources for a large number of consumers requires fail-safe algorithms and leasing policies. Advance Reservation (AR) leasing policy is a rigid policy, which needs resource and consumer locking at a very early point of time, while advanced reserved lease can be rejected at actual point of time when resources...

We propose and analyze a dynamic implementation of the property-rights model of cognitive radio. A primary link has the possibility to lease the owned spectrum to a MAC network of secondary nodes, in exchange for cooperation in the form of distributed space-time coding (DSTC). The cooperation and competition between the primary and secondary network are cast in the framework of sequential game....