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.

Analysis, Interpretation and construction, Contracts, Lease and rental services industry, Lease and rental services, Rents (Property), Agency (Law)

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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.

Privacy, Right of, Right of privacy, Access control, Information law, Personal information

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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.

Evaluation, Land use, Tenancy

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