Gould, Eric D.; Pashigian, B. Peter; Prendergast, Canice J. - In: The Review of Economics and Statistics 87 (2005) 3, pp. 411-422
This paper demonstrates that mall store contracts are written to internalize externalities through both an efficient allocation and pricing of space, and an efficient allocation of incentives across stores. Certain stores generate externalities by drawing customers to other stores, whereas many...
