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We analyze the contracting problem between a shopping mall and potential anchors (large stores) in a market where consumers with high search costs must choose shopping destinations prior to learning prices. Our model incorporates the interaction between contracting and asymmetric firm sizes into...
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The present study is an attempt to quantify the agglomeration risk in retail shopping centers. We accept that consumers are attracted to a shopping center in proportion to the mass of the anchor tenant. Nonetheless we feel it important to allow this attraction to be stochastic with its time...
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Call centres represent a blend of old and new employment features that are only partially grasped by existing theoretical alternatives. Labour process theory suggests that call centres are best depicted as new electronic assembly lines of fragmented, low skill service labour. Second-wave...
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Despite the existence of a fervent opposition to regional shopping centres (RSCs) in Britain, this article argues that there is little evidence to support the view that they have negative economic, social and environmental impacts. Instead, the vehement rejection of RSCs is asserted to be at...
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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 by drawing customers to other stores, while many...
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