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- W2890117095 abstract "Abstract This article investigates shopping center rent contracts that have a two‐part tariff structure: charging a fixed rent plus a percentage of sales. We consider a game‐theoretic model, wherein a shopping center developer offers different contracts for two types of retailers: large and small. The retailers face demand uncertainties. We show the developer offers a lower percentage fee for the large retailer. Alternatively, it offers a higher fixed fee for the large retailer, unless the small retailer faces largely uncertain demand. The developer's expected profit increases with the demand uncertainty, which would suggest the developer should assemble nearly homogeneous retailers." @default.
- W2890117095 created "2018-09-27" @default.
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- W2890117095 date "2018-10-18" @default.
- W2890117095 modified "2023-10-16" @default.
- W2890117095 title "Revenue‐Sharing Contracts under Demand Uncertainty in Shopping Center" @default.
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- W2890117095 doi "https://doi.org/10.1111/1540-6229.12263" @default.
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