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- W1977167433 abstract "In this paper we concern ourselves empirically with the influence of rent differentials on the choice between rent contracts with and without relocation provisions investigating the effects of relocation provisions on office rents. The study departs from the extant literature by using a switching simultaneous-equations model to estimate hedonic rent functions for alternative office lease contracts with choices of relocation provisions. The empirical results suggest that price considerations and certain lease terms are important determinants of the choice of office relocation rights. The results also suggest that certain tenant characteristics, like tenant size and creditworthiness, have only a marginal effect on the choice of relocation rights." @default.
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- W1977167433 date "1992-06-01" @default.
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- W1977167433 title "Influence of Rent Differentials on the Choice between Office Rent Contracts with and without Relocation Provisions" @default.
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- W1977167433 doi "https://doi.org/10.1111/1540-6229.00585" @default.
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