Chonse, a real property lease transaction unique to South Korea

A Nonblocking Atomic Transaction Processing Algorithm with Real-Time Property

Many multiple server systems are now being used for heavily accessed web services. Performance, availability, and real-time transaction processing are important requirements for many of these applications. In this paper, we apply the multi-invariant data structure (MIDS) concept to develop an atomic transaction processing algorithm. We show that our algorithm achieves nonblocking property. It a...

To lease or not to lease.

Empowerment of Medical Toxicology in South Korea

In a recent issue of the Asia Pacific Journal of Medical Toxicology (APJMT), the importance of empowering medical toxicology in the Asia Pacific Region has been discussed. In the editorial by Dr. Afshari, it has been stated that national societies of medical toxicology are important infrastructure for the development of medical toxicology, and the Asia Pacific Association of Medical Toxicology ...

Lease Terms, Option Pricing and the Financial Characteristics of Property

Traditional and standard discounted cash flow valuation techniques are unable to deal with a variety of options contained in lease contracts. In the UK, the most important embedded option is the upward-only rent review. This becomes more valuable to the landlord in an era of low inflation, as nominal market rents are more likely to fall. Lease contracts are freely negotiated between landlord an...

Nonlinear Asymmetric Effects of Devaluation on Trade Balance: A Case Study of Iran and South Korea

The present paper analyzes the existence of a long-run relationship between the trade balance and exchange rate of Iran and South Korea by a new approach. It proposes an asymmetric co-integrating NARDL model by two positive and negative partial sum decompositions which can use mixed I (0) and I (1) variables by bounds testing approach. The proposed tests are based on calculated F –statistics an...