Business model with discount incentive in a P2P-cloud multimedia streaming system

Today P2P faces two important challenges: design of mechanisms to encourage users' collaboration in multimedia live streaming services; design of reliable algorithms with QoS provision, to encourage the multimedia providers employ the P2P topology in commercial live streaming systems. We believe that these two challenges are tightly-related and there is much to be done with respect. This paper analyzes the effect of user behavior in a multi-tree P2P overlay and describes a business model based on monetary discount as incentive in a P2P-Cloud multimedia streaming system. We believe a discount model can boost up users' cooperation and loyalty and enhance the overall system integrity and performance. Moreover the model bounds the constraints for a provider's revenue and cost if the P2P system is leveraged on a cloud infrastructure. Our case study shows that a streaming system provider can establish or adapt his business model by applying the described bounds to achieve a good discount-revenue trade-off and promote the system to the users.

Analysis of house prices to assess economic impacts of new public transport infrastructure: Madrid metro line 12.

Transportation infrastructure is known to affect the value of real estate property by virtue of changes in accessibility. The impact of transportation facilities is highly localized as well, and it is possible that spillover effects result from the capitalization of accessibility. The objective of this study was to review the theoretical background related to spatial hedonic models and the opportunities that they provided to evaluate the effect of new transportation infrastructure. An empirical case study is presented: the Madrid Metro Line 12, known as Metrosur, in the region of Madrid, Spain. The effect of proximity to metro stations on housing prices was evaluated. The analysis took into account a host of variables, including structure, location, and neighborhood and made use of three modeling approaches: linear regression estimation with ordinary least squares, spatial error, and spatial lag. The results indicated that better accessibility to Metrosur stations had a positive impact on real estate values and that the effect was marked in cases in which a house was for sale. The results also showed the presence of submarkets, which were well defined by geographic boundaries, and transport fares, which implied that the economic benefits differed across municipalities.

Después de Einstein: una arquitectura para una teoría

En 1905, aparecen en la revista "Annalen der physik" tres artículos que revolucionarán las ciencias físicas y pondrán en jaque los asentados conceptos newtonianos de Espacio y Tiempo. La formulación de la Teoría de la Relatividad por Albert Einstein pone en crisis el valor absoluto de estos conceptos, y permite proponer nuevas reflexiones a propósito de su concepción dentro del campo de la física. Esta revolución ¿podría extrapolarse al campo de la arquitectura, donde Espacio y Tiempo tienen un papel protagonista? Hay que entender la complejidad del hecho arquitectónico y las innumerables variables que participan de su definición. Se estudia en esta Tesis Doctoral un aspecto muy concreto: cómo un paradigma (la Teoría de la Relatividad) puede intervenir y modificar, o no, la Arquitectura. Se plantea para ello ir al origen; desentrañar el momento de interacción entre la Teoría de la Relatividad y la Teoría de la Arquitectura, que permita determinar si aquella influyó sobre ésta en los escritos teóricos de las vanguardias aplicados a la Arquitectura. “Después de Einstein. Una arquitectura para una teoría” buscará los puntos de conexión de la Teoría de la Relatividad con la teoría arquitectónica de las vanguardias de principio del siglo XX, su influencia, la contaminación entre una y otra, con posibles resultados arquitectónicos a partir de esta interacción, capaz de definir nuevos argumentos formales para un nuevo lenguaje enArquitectura. Annalen der physik Después de Einstein. Una arquitectura para una teoría Para ello la Tesis se estructura en cuatro capítulos. El primero expone el ámbito geográfico y cronológico donde se desarrolla la Teoría de la Relatividad con la repercusión teórica que tiene para el arte, en función de una nueva definición de espacio vinculado al tiempo, como evento que se desarrolla en un ámbito cuatridimensional; la indeterminación de las medidas de espacio y de las medidas de tiempo, y la importancia de entender la materia como energía. El segundo capítulo estudia los movimientos de vanguardia coetáneos a la eclosión de la Relatividad, enmarcados en su ámbito geográfico más próximo. El cubismo se muestra como movimiento que participa ocasionalmente de las matemáticas y la geometría, bajo el influjo del científico Henri Poincaré y las geometrías no euclidianas. El futurismo indaga en los avances de la ciencia desde una cierta lejanía, cierta falta de rigor o profundidad científica para extraer las leyes de su nuevo idealismo plástico constructivo, definiendo e interpretando su Universo a partir de los avances de la ciencia, en respuesta a la crisis del espacio y del tiempo newtonianos. El lenguaje científico se encuentra presente en conceptos como "simultaneidad" (Boccioni), "expansión esférica de la luz en el espacio" (Severini y Carrá), "cuatridimensionalidad", "espacio-tiempo", "aire-luz-fuerza", "materia y energía" que paralelamente conforman el cuerpo operacional de la teoría de Einstein. Si bien no es posible atribuir a la Teoría de la Relatividad un papel protagonista como referente para el pensamiento artístico, en 1936, con la aparición del manifiesto Dimensionista, se atribuyen explícitamente a las teorías de Einstein las nuevas ideas de espacio-tiempo del espíritu europeo seguido por cubistas y futuristas. El tercer capítulo describe cómo la Teoría de la Relatividad llegó a ser fuente de inspiración para la Teoría de la Arquitectura. Estructurado en tres subcapítulos, se estudia el autor principal que aportó para la Arquitectura conceptos e ideas extrapoladas de la Teoría de la Relatividad después de su estudio e interpretación (Van Doesburg), dónde se produjeron las influencias y puntos de contacto (Lissitzky, Eggeling, Moholy-Nagy) y cómo fueron difundidas a través de la arquitectura (Einsteinturm de Mendelsohn) y de las revistas especializadas. El cuarto capítulo extrae las conclusiones del estudio realizado en esta Tesis, que bien pudiera resumir MoholyNagy en su texto "Vision inmotion" (1946) al comentar: "Ya que el "espacio-tiempo" puede ser un término engañoso, tiene que hacerse especialmente hincapié en que los problemas de espacio-tiempo en el arte no están necesariamente basados en la Teoría de la Relatividad de Einstein. Esto no tiene intención de descartar la relevancia de su teoría para las artes. Pero los artistas y los laicos rara vez tienen el conocimiento matemático para visualizar en fórmulas científicas las analogías con su propio trabajo. La terminología de Einstein del "espacio-tiempo" y la "relatividad" ha sido absorbida por nuestro lenguaje diario." ABSTRACT. "AFTER EINSTEIN:ANARCHITECTUREFORATHEORY." In 1905, three articles were published in the journal "Annalen der Physik ". They revolutionized physical sciences and threw into crisis the newtonian concepts of Space and Time. The formulation of the Theory of Relativity by Albert Einstein put a strain on the absolute value of these concepts, and proposed new reflections about them in the field of Physics. Could this revolution be extrapolated to the field of Architecture, where Space and Time have a main role? It is necessary to understand the complexity of architecture and the countless variables involved in its definition. For this reason, in this PhD. Thesis, we study a specific aspect: how a paradigm (Theory of Relativity) can intervene and modify -or not- Architecture. It is proposed to go back to the origin; to unravel the moment in which the interaction between the Theory of Relativity and the Theory of Architecture takes place, to determine whether the Theory of Relativity influenced on the theoretical avant-garde writings applied to Architecture. "After Einstein.An architecture for a theory " will search the connection points between the Theory of Relativity and architectural avant-garde theory of the early twentieth century, the influence and contamination between them, giving rise to new architectures that define new formal arguments for a new architectural language. Annalen der Physik This thesis is divided into four chapters. The first one describes the geographical and chronological scope in which the Theory of Relativity is developed showing its theoretical implications in the field of art, according to a new definition of Space linked to Time, as an event that takes place in a fourdimensional space; the indetermination of the measurement of space and time, and the importance of understanding "matter" as "energy". The second chapter examines the avant-garde movements contemporary to the theory of relativity. Cubism is shown as an artist movement that occasionally participates in mathematics and geometry, under the influence of Henri Poincaré and non-Euclidean geometries. Futurism explores the advances of science at a certain distance, with lack of scientific rigor to extract the laws of their new plastic constructive idealism. Scientific language is present in concepts like "simultaneity" (Boccioni), "expanding light in space" (Severini and Carra), "four-dimensional space", "space-time", "light-air-force," "matter and energy" similar to the operational concepts of Einstein´s theory. While it is not possible to attribute a leading role to the Theory of Relativity, as a benchmark for artistic laws, in 1936, with the publication of the Dimensionist manifest, the new ideas of space-time followed by cubist and futurist were attributed to the Einstein's theory. The third chapter describes how the Theory of Relativity became an inspiration for the architectural theory. Structured into three subsections, we study the main author who studied the theory of relativity and ,as a consequence, contributed with some concepts and ideas to the theory of architecture (Van Doesburg), where influences and contact points took place (Lissitzky, Eggeling, Moholy-Nagy) and how were disseminated throughArchitecture (Einsteinturm, by Mendelsohn) and journals. The fourth chapter draws the conclusions of this PhD. Thesis, which could be well summarized by Moholy Nagy in his text "Vision in Motion" (1946): vi Since "space-time" can be a misleading term, it especially has to be emphasized that the space-time problems in the arts are not necessarily based upon Einstein´s Theory of Relativity. This is not meant to discount the relevance of his theory to the arts. But artists and laymen seldom have the mathematical knowledge to visualize in scientific formulae the analogies to their own work. Einstein's terminology of "space-time" and "relativity" has been absorbed by our daily language.

Sustainability of irrigated farming systems in a Tunisian region: A recursive stochastic programming analysis

The aim of this study was to evaluate the sustainability of farm irrigation systems in the Cébalat district in northern Tunisia. It addressed the challenging topic of sustainable agriculture through a bio-economic approach linking a biophysical model to an economic optimisation model. A crop growth simulation model (CropSyst) was used to build a database to determine the relationships between agricultural practices, crop yields and environmental effects (salt accumulation in soil and leaching of nitrates) in a context of high climatic variability. The database was then fed into a recursive stochastic model set for a 10-year plan that allowed analysing the effects of cropping patterns on farm income, salt accumulation and nitrate leaching. We assumed that the long-term sustainability of soil productivity might be in conflict with farm profitability in the short-term. Assuming a discount rate of 10% (for the base scenario), the model closely reproduced the current system and allowed to predict the degradation of soil quality due to long-term salt accumulation. The results showed that there was more accumulation of salt in the soil for the base scenario than for the alternative scenario (discount rate of 0%). This result was induced by applying a higher quantity of water per hectare for the alternative as compared to a base scenario. The results also showed that nitrogen leaching is very low for the two discount rates and all climate scenarios. In conclusion, the results show that the difference in farm income between the alternative and base scenarios increases over time to attain 45% after 10 years.

A novel monetary incentive for commercial P2P streaming

Today P2P faces two important challenges: design of mechanisms to encourage users’ collaboration in multimedia live streaming services; design of reliable algorithms with QoS provision, to encourage multimedia providers employ the P2P topology in commercial streaming services. We believe that these two challenges are tightly-related and there is much to be done with respect. This paper proposes a novel monetary incentive for P2P multimedia streaming. The incentive model classifies the users in groups according to the perceived video quality. We apply the model to a streaming system’s billing model in order to evaluate its feasibility and visualize its quantitative effect on the users’ motivation and the provider’s profit. We conclude that monetary incentive can boost up users’ cooperation, loyalty and enhance the overall system integrity and performance. Moreover the model defines the constraints for the provider’s cost and profit when the system is leveraged on the cloud. Considering those constraints, a multimedia content provider can adapt the billing model of his streaming service and achieve desirable discount-profit trade-off. This will moreover contribute to better promotion of the service, across the users on the Internet.

Integration of congestion pricing and intertemporal preference rate in social welfare function

Assessing social benefits in transport policy implementation has been studied by many researchers using theoretical or empirical measures. However, few of them measure social benefit using different discount rates including the inter-temporal preferences rate of users, the private investment discount rate and the inter-temporal preferences rate of the government. In general, the social discount rate used is the same for all social actors. Therefore, this paper aims to assess a new method by integrating different types of discount rate belonging to different social actors in order to measure the real benefits of each actor in the short, medium and long term. A dynamic simulation is provided by a strategic Land-Use and Transport Interaction (LUTI) model. The method is tested by optimizing a cordon toll scheme in Madrid considering socio- economic efficiency and environmental criteria. Based on the modified social welfare function (WF), the effects on the measure of social benefits are estimated and compared with the classical WF results as well. The results of this research could be a key issue to understanding the relationship between transport system policies and social actors' benefits distribution in a metropolitan context. The results show that the use of more suitable discount rates for each social actor had an effect on the selection and definition of optimal strategy of congestion pricing. The usefulness of the measure of congestion toll declines more quickly overtime.

Integration of congestion pricing and intertemporal preferences rate integration in social welfare function

Many researchers have used theoretical or empirical measures to assess social benefits in transport policy implementation. However, few have measured social benefits by using discount rates, including the intertemporal preference rate of users, the private investment discount rate, and the intertemporal preference rate of the government. In general, the social discount rate used is the same for all social actors. This paper aims to assess a new method by integrating different types of discount rates belonging to different social actors to measure the real benefits of each actor in the short term, medium term, and long term. A dynamic simulation is provided by a strategic land use and transport interaction model. The method was tested by optimizing a cordon toll scheme in Madrid, Spain. Socioeconomic efficiency and environmental criteria were considered. On the basis of the modified social welfare function, the effects on the measure of social benefits were estimated and compared with the classical welfare function measures. The results show that the use of more suitable discount rates for each social actor had an effect on the selection and definition of optimal strategy of congestion pricing. The usefulness of the measure of congestion toll declines more quickly over time. This result could be the key to understanding the relationship between transport system policies and the distribution of social actors? benefits in a metropolitan context.

Empirical analysis of traffic volume for the application of the options theory to highway concessions

*************************************************************************************** EL WCTR es un Congreso de reconocido prestigio internacional en el ámbito de la investigación del transporte que hasta el 2010 publicaba sus libros de abstracts con ISBN. Por ello consideramos que debería seguir teníendose en cuenta para los indicadores de calidad ******************************************************************************************* Investment projects in the field of transportation infrastructures have a high degree of uncertainty and require an important amount of resources. In highway concessions in particular, the calculation of the Net Present Value (NPV) of the project by means of the discount of cash flows, may lead to erroneous results when the project incorporates certain flexibility. In these cases, the theory of real options is an alternative tool for the valuation of concessions. When the variable that generates uncertainty (in our case, the traffic) follows a random walk (or Geometric Brownian Motion), we can calculate the value of the options embedded in the contract starting directly from the process followed by that variable. This procedure notably simplifies the calculation method. In order to test the hypothesis of the evolution of traffic as a Geometric Brownian Motion, we have used the available series of traffic in Spanish highways, and we have applied the Augmented Dickey-Fuller approach, which is the most widely used test for this kind of study. The main result of the analysis is that we cannot reject the hypothesis that traffic follows a Geometric Brownian Motion in the majority of both toll highways and free highways in Spain.

A Valuation of SAREB, the Spanish “Bad Bank”, Upside Using the Real Options Methodology

This paper develops a model to analyze the upside potential of profitability of the SAREB (“Asset Management Company for Assets Arising from Bank Restructuring”), the Spanish “Bad Bank”. The model is based in the Real Options methodology, that is especially adequate due to the convergence of two elements, (i) depreciated assets with a high upside potential, and (ii) a highly volatile market as it has shown to be the real estate Spanish market. Our results suggest that the SAREB has a higher than expected profitability potentialthat would be dedicated to increase the return to its shareholders, mainly private banks. Consequently we also show that after the financial crisis are emerging two types of banks in Spain, in one hand the losers who are transferring their real estate assets at a deep discount, and in the other hand the winners, capturing the upside potential of those assets as shareholders of SAREB, and consequently consolidating their strength in the Spanish Real Estate Industry. It is worth to mention that Governments should make an effort in properly redistribute the wealth generated by the real Estate industry.

Exploring users inter-temporal preferences for measuring transport social equity effects

There exist different ways for defining a welfare function. Traditionally, welfare economic theory foundation is based on the Net Present Value (NPV) calculation where the time dependent preferences of considered agents are taken into account. However, the time preferences, remains a controversial subject. Currently, the traditional approach employs a unique discount rate for various agents. Nevertheless, this way of discounting appears inconsistent with sustainable development. New research work suggests that the discount rate may not be a homogeneous value. The discount rates may change following the individual’s preferences. A significant body of evidence suggests that people do not behave following a constant discount rate. In fact, UK Government has quickly recognized the power of the arguments for time-varying rates, as it has done in its official guidance to Ministries on the appraisal of investments and policies. Other authors deal with not just time preference but with uncertainty about future income (precautionary saving). In a situation in which economic growth rates are similar across time periods, the rationale for declining social optimal discount rates is driven by the preferences of the individuals in the economy, rather than expectations of growth. However, these approaches have been mainly focused on long-term policies where intergenerational risks may appear. The traditional cost-benefit analysis (CBA) uses a unique discount rate derived from market interest rates or investment rates of return for discounting the costs and benefits of all social agents included in the CBA. However, recent literature showed that a more adequate measure of social benefit is possible by using different discount rates including inter-temporal preferences rate of users, private investment discount rate and intertemporal preferences rate of government. Actually, the costs of opportunity may differ amongst individuals, firms, governments, or society in general, as do the returns on savings. In general, the firms or operators require an investment rate linked to the current return on savings, while the discount rate of consumers-users depends on their time preferences with respect of the current and the future consumption, as well as society can take into account the intergenerational well-being, adopting a lower discount rate for today’s generation. Time discount rate of social actors (users, operators, government and society) places a lower value in a future gain, but the uncertainty about future income strongly determines the individual preferences. These time and uncertainty depends on preferences and should be integrated into a transport policy formulation that may have significant social impacts. The discount rate of a user cannot be the same than the operator’s discount rate. The preferences of both are different. In addition, another school of thought suggests that people, such as a social group, may have different attitudes towards future costs and benefits. Particularly, the users have different discount rates related to their income. Some research work tried to modify user discount rates using a compensating weight which represents the inverse of household income level. The inter-temporal preferences are a proxy of the willingness to pay during the time. Its consideration is important in order to make acceptable or not a policy or investment

Establishing Quercus ilex under Mediterranean dry conditions: sowing recalcitrant acorns versus planting seedlings at different depths and tube shelter light transmissions

Article New Forests November 2015, Volume 46, Issue 5, pp 869-883 First online: 17 June 2015 Establishing Quercus ilex under Mediterranean dry conditions: sowing recalcitrant acorns versus planting seedlings at different depths and tube shelter light transmissionsJuan A. OlietAffiliated withDepartamento de Sistemas y Recursos Naturales, E.T.S. Ingenieros de Montes, Universidad Politécnica de Madrid Email author View author's OrcID profile , Alberto Vázquez de CastroAffiliated withDepartamento de Sistemas y Recursos Naturales, E.T.S. Ingenieros de Montes, Universidad Politécnica de Madrid, Jaime PuértolasAffiliated withLancaster Environment Centre, Lancaster University $39.95 / €34.95 / £29.95 * Rent the article at a discount Rent now * Final gross prices may vary according to local VAT. Get Access AbstractSuccess of Mediterranean dry areas restoration with oaks is a challenging goal. Testing eco-techniques that mimic beneficial effects of natural structures and ameliorate stress contributes to positive solutions to overcoming establishment barriers. We ran a factorial experiment in a dry area, testing two levels of solid wall transmission of tube shelters (60 and 80 %) plus a control mesh, and two depths (shallow and 15 cm depth) of placing either planted seedlings or acorns of Quercus ilex. Microclimate of the planting or sowing spots was characterized by measuring photosynthetically active radiation, temperature and relative humidity. Plant response was evaluated in terms of survival, phenology, acorn emergence and photochemical efficiency (measured through chlorophyll fluorescence). We hypothesize that tube shelters and deep planting improve Q. ilex post-planting and sowing performance because of the combined effects of reducing excessive radiation and improving access to moist soil horizons. Results show that temperature and PAR was reduced, and relative humidity increased, in deep spots. Midsummer photochemical efficiency indicates highest level of stress for oaks in 80 % light transmission shelter. Optimum acorn emergence in spring was registered within solid wall tree shelters, and maximum summer survival of germinants and of planted seedlings occurred when acorns or seedlings were placed at 15 cm depth irrespectively of light transmission of shelter. Survival of germinants was similar to that of planted seedlings. The importance of techniques to keep high levels of viability after sowing recalcitrant seeds in the field is emphasized in the study