Renovation and reconstruction of universities

Reconstruction is not renovation – the role of remodeling in asthma

The chronicity of asthma results not only in persistent lung inflammation but also in changes in structure and composition of this vital organ. These changes are most commonly referred to as remodeling, and include epithelial dysplasia, angiogenesis, changes in the extracellular matrix and increased smooth muscle mass. In this review we summarize recent findings on the contribution of remodelin...

iRegeneration and renovation in queues

Regenerative events for different queueing models are considered. The aim of this paper is to construct these events for continuous-time processes if they are given for the corresponding discrete-time model. The construction uses so-called renovative events revealing the property of the state at time n of the discrete-time model to be independent (in an algebraic sense) of the states referring ...

Chinese Manufacturing: Renovation or Rebuilding?

In the past three decades, Chinese economy has been arresting the worldwide attention for its doubledigit growth rate. Playing a leading part in general economic development, Chinese manufacturing has been contributing a substantial portion in the total GDP growth. However, a national key project, the Research of China National Manufacturing Strategy, has found in the last several years that Ch...

Housing and the Economy: Policies for Renovation

Generalized Real Renovation Options

This paper revisits Williams (1997) on the effect of net rental price, asset quality and variable investment costs on the asset redevelopment decision. This paper develops a quasi-analytical method for solving the generalised real renovation option problem by treating the investment cost as having both a variable and a fixed element and then extends the analysis for the case where both the net ...