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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 …
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externalities on non-traders in the contracting with the mall owner. Merged anchor stores that operate at stand-alone sites may …
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This study is an attempt to model the economic trade-off between spatial and non-spatial determinants of shopping center rents while assessing the role of neighborhood and location attributes in the rent setting process. For that purpose, two space-related indices, namely the Economic Potential...
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