Optimal retail lease contracts: the principal-agent approach
Article Abstract:
A principal-agent approach is used to study retail lease contracts between the landlord and the retailer. The main issue is to determine whether the optimal linear lease contract should have the fixed rent and the percentage rent. Findings indicate that an optimal linear risk-sharing contract is a pure percentage rent if the tenant is averse to risk and the landlord is risk neutral. An optimal linear incentive contract may include percentage rent and fixed rent in the presence of moral risks.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Issues around the protection or revelation of personal information
Article Abstract:
Personal borders are often crossed as a result of revelations over the internet since there is not much of conceptual knowledge available for understanding and discussing the role that protecting or revealing personal information on the internet plays in everyday lives. A dialogue for achieving consensus about how to govern privacy practices online is the need of the hour.
Publication Name: Knowledge Technology & Policy
Subject: Social sciences
ISSN: 0897-1986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
Optimal tenant protection
Article Abstract:
The optimal contract forms are considered in order to protect the interest of the tenant's in rental-land and rental-housing agreement without restricting the landlord's efficient alternative use of the property. Differentiation is made between rental-land and rental-housing contract.
Publication Name: Regional Science & Urban Economics
Subject: Social sciences
ISSN: 0166-0462
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Social science as a social institution: neutrality and the politics of social research. The Objects of Social Science
- Abstracts: Determining who voted in historical elections: an aggregated logit approach. Spatial distribution of suburban ethnic businesses
- Abstracts: Rosie O'Neill goes to law school: the clinical education of the New Age public defender. Effect of input from a mechanical model on clinical judgment
- Abstracts: Further analyses of the dispositional argument in organizational behavior. A house of our own or a house we've outgrown? An argument for increasing the size of the House of Representatives
- Abstracts: The mass plaintiff: public interest law, direct mail fundraising and the donor/client. Surveying a Chicago public housing development: metholoogical challenges and lessons learned