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...

This paper reports performance metrics and end-user perceptions of a display leasing service, introduced for a network of public displays. Through leasing, users can acquire a temporary ownership of a public display and utilize it as an application UI element together with a personal mobile device. We argue that this functionality is necessary as the quantity of public displays grows, in order ...

This paper studies the problem of on-line leasing of depreciable equipment. We first discuss deterministic strategies for the problem for situations with and without interest rates, respectively. Competitive ratios are used to evaluate the performance of online algorithms. The optimal competitive ratio of the deterministic strategy is therefore obtained. As randomization can boost performance, ...

Distributed memory management is substantially complicated in mobile ad hoc networks due to the fact that nodes in the network only have intermittent connectivity and often lack any kind of centralized coordination facility. Leasing provides a robust mechanism to manage reclamation of remote objects in mobile ad hoc networks. However, leasing techniques limits the lifetime of remote objects bas...

Privatization is a broad concept in economics. It comprises various operations, such as the introduction of private capital, selling government-owned assets, and transition to economy. Consequently, three major attributes privatization are follows: (1) ownership measures, (2) organizational (3) operational measures. Ownership measures refer transformation public enterprises owners. Organization...

The output of innovation achievements artificial intelligence enterprises cannot be achieved without the support capital, and financial leasing is playing a positive role in meeting capital needs solving financing difficulties. Based on data AI A-share listed China from 2007 to 2020, this thesis constructs A fixed effects model make an empirical analysis relationship between enterprises' achiev...

This paper studies dynamic spectrum leasing in a cognitive radio network. There are two spectrum sellers, who are two primary networks, each with an amount of licensed spectrum bandwidth. When a seller has some unused spectrum, it would like to lease the unused spectrum to secondary users. A coordinator helps to perform the spectrum leasing stage-by-stage. As the two sellers may have different ...

Leasing is a very effective way to improve the performance of distributed algorithms without hampering their fault-tolerance. The notion of lease has traditionally been defined using a global notion of real time and was hence strongly tied to synchronous system models. This paper introduces a notion of lease object devised for an asynchronous system model. We give precise properties of our leas...

In this paper we study the facility leasing problem with penalties. We present a primaldual algorithm which is a 3-approximation, based on the algorithm by Nagarajan and Williamson for the facility leasing problem [NW13] and on the algorithm by Charikar et al. for the facility location problem with penalties [CKMN01].

The paper documents the importance of leasing in the UK retail sector and estimates the potential balance sheet impact of new accounting proposals to bring all leases onto lessees’ balance sheets. Off-balance sheet operating leases are shown to be a major source of finance, and far more important (3.3 times higher) than onbalance sheet long-term debt; by contrast, finance leases are immaterial....