EFFECT OF IDLE TIME FOR PRICING LEASE CONTRACTS AND LEASE CONTRACT OPTIONS

摘要

A computer-implemented method for using the effect of idle time for pricing lease contract options and lease contracts with lease contract options. Leased resources include any services, equipment or real estate that may be subject to a leasing contract. The method prices a lease contract with lease contract options by determining a market cost for a continuously leased resource and calculating a market cost for the lease contract with lease contract options based upon expected leased resource idle time, expected leased resource contract length and the market cost for the continuously leased resource and the state of the market. The market cost for the lease contract may also be used as a factor to influence the price of the lease contract options.