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Relationship among shopping mall, retail stores, and customers in suburban malls

Güven, Gökhan (2016) Relationship among shopping mall, retail stores, and customers in suburban malls. [Thesis]

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Official URL: http://risc01.sabanciuniv.edu/record=b1630622 (Table of Contents)

Abstract

In this thesis, I have constructed a model in which three distinct actors are in a complicated relationship and sought three answers to the following three main questions. The first one is about the analysis of customers' purchase decisions under the condition of not having information about prices of goods and valuations for that goods before traveling the shopping mall. The second one is related to the analysis of the price decisions of two similar retail stores in the case of charged rental contracts managed by the shopping mall. The last one is the analysis of the determination of parking fee that is known by the customers in advance and of optimum rent contracts including fixed and percentage rent. It is found that the equilibrium parking fees are always less than the marginal cost of supplying parking spaces, which implies that the mall determines the parking fee as a loss leader. The second result is that the price of goods are determined at the monopoly prices even if they sell a similar type of products, which the market tends to compete. And the last result is that shopping mall must implement positive percentage rent toward stores to increase its profit, which perfectly complies with data related to rent leases in shopping centers.

Item Type:Thesis
Uncontrolled Keywords:Taste uncertainty. -- Rent contract. -- Monopoly pricing. -- Loss leader. -- Parking fee. -- Shopping mall. -- Değerlemede belirsizlik. -- Kira sözleşmesi. -- Tekel fiyatlama. -- Zarar lideri. -- Park yeri ücreti. -- Alışveriş merkezi.
Subjects:H Social Sciences > HB Economic Theory
ID Code:34011
Deposited By:IC-Cataloging
Deposited On:20 Sep 2017 16:11
Last Modified:20 Sep 2017 16:11

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