This study demarcates costinefficiency in Chinese banks into X-inefficiency and rent-seekinginefficiency. A protected banking market not only encourages weak management and X-inefficiency but also public ownership and state directed lending encourages moral hazard and bureaucratic rent seeking. This paper uses bootstrap non-parametric techniques to estimate measures of X-inefficiency and rent-s...

ReGTime 1 (Rent Gigaaops someTimes) is a software package that helps to rent unused computing power. Sites ooer unused resources on a \computing power market". Customers specify their requirements using World Wide Web. ReGTime creates an ooer based on available capacities. If the ooer is accepted, ReGTime helps to establish a contract, organizes the access, observes the compliance with the cont...

The interconnection complexity of digital designs can be captured by the well-known Rent exponent, described by Landman and Russo [2]. In this paper, we present an efficient method for obtaining the Rent exponent of a design through a hierarchical partitioning algorithm. Experimental results not only confirm the Landman and Russo observations of a region I and region II, but also show a hithert...

The budding yeast RENT complex, consisting of at least three proteins (Net1, Cdc14, Sir2), is anchored to the nucleolus by Net1. RENT controls mitotic exit, nucleolar silencing, and nucleolar localization of Nop1. Here, we report two new functions of Net1. First, Net1 directly binds Pol I and stimulates rRNA synthesis both in vitro and in vivo. Second, Net1 modulates nucleolar structure by regu...

Rents tend to be relatively high in developing countries and also very fungible, so that differences in the scale of the rent and in its distribution among economic agents profoundly affect the nature of the political state and the development trajectory. This paper identifies two basic trajectories to a high-income democracy linked to the scale and deployment of rents. Low-rent countries tend ...

Exit from mitosis in budding yeast requires a group of essential proteins--including the GTPase Tem1 and the protein phosphatase Cdc14--that downregulate cyclin-dependent kinase activity. We identified a mutation, net1-1, that bypasses the lethality of tem1 delta. NET1 encodes a novel protein, and mass spectrometric analysis reveals that it is a key component of a multifunctional complex, denot...

The paper analyses a particular type of housing arrangement between owner of a housing unit and owner of the land on which it is sited, where the unit is partially or totally immobile. While the focus is on mobile-home parks, the analysis is also applicable to certain condominium and cooperative housing. After exploring reasons for divided asset ownership, the possibility that divided ownership...

ABSTRACT Many economic and informational problems associated with corporate IT spending can be attributed to managerial rent-seeking. IT managers with misaligned incentives and budgetary discretion often entrench themselves through their non-value-maximizing investment decisions. In order to boost their bargaining power in future contract renegotiation, they invest excessively in IT projects th...

As indicated last week, Cut-rent