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Articles 121 - 124 of 124
Full-Text Articles in Finance and Financial Management
How Critical Is A Good Location To A Regional Shopping Center?, Mark Eppli, James D. Shilling
How Critical Is A Good Location To A Regional Shopping Center?, Mark Eppli, James D. Shilling
Finance Faculty Research and Publications
The goal of this paper is to empirically measure the consumer utility trade-off between store location (i.e., distance to a shopping center) and retail agglomeration in regional shopping centers. Using the Lakshmanan and Hansen retail expenditure model, our findings reveal that the distance specification is of surprisingly little importance in explaining retail sales. Conversely, agglomeration economies were of significant importance in explaining consumer patronage at regional shopping centers. The implication of these results is that smaller regional shopping centers may be dominated by large super-regional shopping centers with the smaller one or two anchor regional shopping centers unable to compete …
Speed Of Adjustment In Commercial Real Estate Markets, Mark Eppli, James D. Shilling
Speed Of Adjustment In Commercial Real Estate Markets, Mark Eppli, James D. Shilling
Finance Faculty Research and Publications
No abstract provided.
A Descriptive Analysis Of U.S. Housing Demand For The 1990s, Mark Eppli, Monty J. Childs
A Descriptive Analysis Of U.S. Housing Demand For The 1990s, Mark Eppli, Monty J. Childs
Finance Faculty Research and Publications
We analyze the effect of changes in type of household formation (i.e., single person, single parent, married couple, etc.) on the demand for housing and segment income by household type to determine housing tenure. Using data disaggregated by household type, we forecast housing demand for the United States through the turn ofthe century. The results indicate that total housing demand for the decade will be 11.8 million units, of which 8.1 million will be owner-occupied and 3.7 million will be renter-occupied.
The Evolution Of Shopping Center Research: A Review And Analysis, Mark Eppli, John D. Benjamin
The Evolution Of Shopping Center Research: A Review And Analysis, Mark Eppli, John D. Benjamin
Finance Faculty Research and Publications
Retail research has evolved over the past sixty years. Christaller's early work on central place theory, with its simplistic combination of range and threshold has been advanced to include complex consumer shopping patterns and retailer behavior in agglomerated retail centers. Hotelling's seminal research on competition in a spatial duopoly has been realized in the form of comparison shopping in regional shopping centers. The research that has followed Christaller and Hoteling has been as wide as it has been deep, including literature in geography, economics, finance, marketing, and real estate.
In combination, the many extensions of central place theory and retail …