During the summer and fall of 1995, in clam aquaculture leases at two locations on the coast of Massachusetts, significant mortalities were observed to occur primarily in 1½- to 2-year old hard clams (Mercenaria mercenaria, quahog) planted in the leases. Examination of hard clams from those leases suggested a parasite similar to QPX (Quahog Parasite Unknown), as described by Whyte, S. K....

[1] Most cities rely on firm water supply capacity to meet demand, but increasing scarcity and supply costs are encouraging greater use of temporary transfers (e.g., spot leases, options). This raises questions regarding how best to coordinate the use of these transfers in meeting cost and reliability objectives. This paper combines a hydrologic–water market simulation with an optimization appr...

Accounting standard-setters have proposed that the right to use assets (including land and buildings) acquired under operating lease contracts should be recognised on the balance sheet of lessee companies. In recent years, several empirical research studies have investigated the potential impact of the proposed changes in accounting for leases. The current paper reviews this work and presents s...

We present a storage primitive called a storage lease. Data stored under a lease cannot be written for a pre-determined period. During the lease period, online data is protected from corruption due to security breaches, software errors, or accidental data deletion. Storage leases fill an important gap in the spectrum of data protection options because they combine strong integrity for online da...

This study used a censored probit approach to estimate willingness to pay (WTP) for hunting leases in Alabama. Data were generated through a dichotomous choice contingent valuation (DCCV) survey conducted in spring 2002. After correcting for sample selection bias, we found that hunting experience, hunter’s household income, number of dependents, and lack of game quality had significant impact o...