When operating in a market with heterogeneous customers, a service firm (e.g., a car rental company or a hotel) needs to manage its capacity so as to maximize its revenue. To gauge the potential demand, a service firm often allows each customer to reserve a unit of service in advance. However, to avoid the loss associated with “no-shows”, service firms may require a non-refundable deposit. To d...

This paper incorporates two novelties into steady-state, macroscopic models of street-hail taxi service: (i) heterogeneous drivers; (ii) explicit treatment a competitive rental market for medallions (the rights to cruise passengers). When drivers vary only by reservation wage, issuing raises every driver’s take-home pay, and the social optimum requires subsidy. marginal cost, may hurt with low-...

Abstract We use a large repeated cross-section of properties to estimate a selection model of the supply of owner-occupied and rental housing. We find that physical characteristics and unobserved quality and not location are important for selection. We interpret this as strong evidence in favor of contracting frictions in the rental market relating to maintenance and modification of physical ho...

This paper serves three purposes. First, it gives a short introduction to the concept of sustainability in relation to land use. Since the Brundtland report it has become clear that sustainability is a dynamic concept that changes when conditions in society change. Moreover, it is easier to assess what is ‘unsustainable’ than what is ‘sustainable’. But that will not suppress the demand for sust...

The construction industry in the United States has experienced a remarkable downturn in the past five years. In the mid 1980s, new housing starts averaged nearly 1.8 million per year, slightly below the record pace of 2 million per year in the late 1970s. By 1991, however, the number of new housing starts was just above 1 million. The share of GNP devoted to residential investment fell to 3.3 p...

The public bicycle system is an important component of “mobility as a service” and has become increasingly popular in recent years. To provide better understanding the station activity driving mechanisms systems, study mainly compares usage temporal characteristics bicycles vicinity most common commuting-related points interest land use. It applies peak hour factor, distribution fitting, K-mean...

This article discusses forms of reasoning (beyond ontology reasoning), and reasoning languages (beyond ontology languages), that are needed for a full deployment of the Semantic Web. We first outline a motivating application scenario, then discuss the logic languages needed on the Semantic Web and related issues. The views reported about in this article underly and have been developed within th...

There is growing interest in the impacts of financialisation on housing affordability and insecurity private rental sector, particularly 2.0 increased role global real estate funds. This paper aims to contribute our understanding these systems marginalisation by conceptually empirically exploring relationship between homelessness post-crash era. We identify processes pathways which this has unf...

nowadays a growing number of implementing informationtechnology service management (itsm) frameworks proves the trends toimprove the it services and processes in organizations. in order toimplement an itsm projects successfully in an organization, it isessential to select a suitable itsm solution. evaluation and selection ofthe itsm software packages is complicated and time consuming decisionma...

Apparel rental service is a business model that becoming increasingly popular in recent years as consumers become more conscious of their environmental impact and look for ways to reduce waste save money. However, our knowledge on this changing consumer behavior scant. To address the gap literature, study aimed identify determinants driving U.S. consumers’ intention use apparel services. Buildi...