Contracting with costly tenants
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Schlicht, Ekkehart, 1981.
"The Tenant’s Decreasing Willingness to Pay and the Rent Abatement Phenomen,"
Darmstadt Discussion Papers in Economics
15, Darmstadt University of Technology, Department of Law and Economics.
- Schlicht, Ekkehart, 1981. "The Tenant’s Decreasing Willingness to Pay and the Rent Abatement Phenomen," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 39248, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
- Schlicht, Ekkehart, 1983. "The Tenant's Decreasing Willingness to Pay and the Rent Abatement Phenomenon," Munich Reprints in Economics 3349, University of Munich, Department of Economics.
- Holmstrom, Bengt & Myerson, Roger B, 1983.
"Efficient and Durable Decision Rules with Incomplete Information,"
Econometrica, Econometric Society, vol. 51(6), pages 1799-1819, November.
- Bengt Holmstrom & Roger B. Myerson, 1981. "Efficient and Durable Decision Rules with Incomplete Information," Discussion Papers 495, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Smith Freeman, 1977. "Wage Trends as Performance Displays Productive Potential: A Model and Application to Academic Early Retirement," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 419-443, Autumn.
- Spence, Michael, 1974. "Competitive and optimal responses to signals: An analysis of efficiency and distribution," Journal of Economic Theory, Elsevier, vol. 7(3), pages 296-332, March.
- Michael Waldman, 1984.
"Job Assignments, Signalling, and Efficiency,"
RAND Journal of Economics, The RAND Corporation, vol. 15(2), pages 255-267, Summer.
- Michael Waldman, 1983. "Job Assignments, Signalling nad Efficiency," UCLA Economics Working Papers 286, UCLA Department of Economics.
- Stiglitz, Joseph E & Weiss, Andrew, 1983. "Incentive Effects of Terminations: Applications to the Credit and Labor Markets," American Economic Review, American Economic Association, vol. 73(5), pages 912-927, December.
- Bruce C. Greenwald, 1986. "Adverse Selection in the Labour Market," Review of Economic Studies, Oxford University Press, vol. 53(3), pages 325-347.
- Homburg, Stefan, 1993. "An Analysis of the German Tenant Protection Law," EconStor Open Access Articles, ZBW - Leibniz Information Centre for Economics, pages 464-474.
- Caplin, Andrew & Nalebuff, Barry, 1991.
"Aggregation and Imperfect Competition: On the Existence of Equilibrium,"
Econometrica, Econometric Society, vol. 59(1), pages 25-59, January.
- Andrew Caplin & Barry Nalebuff, 1990. "Aggregation and Imperfect Competition: On the Existence of Equilibrium," Cowles Foundation Discussion Papers 937, Cowles Foundation for Research in Economics, Yale University.
- Riley, John G, 1979.
"Informational Equilibrium,"
Econometrica, Econometric Society, vol. 47(2), pages 331-359, March.
- John G. Riley, 1976. "Informational Equilibrium," UCLA Economics Working Papers 071, UCLA Department of Economics.
- Kanemoto, Yoshitsugu, 1990. "Contract types in the property market," Regional Science and Urban Economics, Elsevier, vol. 20(1), pages 5-22, June.
- J.R. Miron, 1990. "Security of Tenure, Costly Tenants and Rent Regulation," Urban Studies, Urban Studies Journal Limited, vol. 27(2), pages 167-183, April.
- Wilson, Charles, 1977. "A model of insurance markets with incomplete information," Journal of Economic Theory, Elsevier, vol. 16(2), pages 167-207, December.
- Allen C. Goodman & Masahiro Kawai, 1985. "Length-of-Residence Discounts and Rental Housing Demand: Theory and Evidence," Land Economics, University of Wisconsin Press, vol. 62(2), pages 93-105.
- Guasch, J. Luis & Marshall, Robert C., 1987. "A theoretical and empirical analysis of the length of residency discount in the rental housing market," Journal of Urban Economics, Elsevier, vol. 22(3), pages 291-311, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Iwata, Shinichiro, 2002. "The Japanese Tenant Protection Law and Asymmetric Information on Tenure Length," Journal of Housing Economics, Elsevier, vol. 11(2), pages 125-151, June.
- Basu, Kaushik & Emerson, Patrick M, 2000.
"The Economics of Tenancy Rent Control,"
Economic Journal, Royal Economic Society, vol. 110(466), pages 939-962, October.
- Basu, Kaushik & Emerson, Patrick M., 2000. "The Economics of Tenancy Rent Control," Working Papers 00-04, Cornell University, Center for Analytic Economics.
- Bernd Fitzenberger & Benjamin Fuchs, 2017.
"The Residency Discount for Rents in Germany and the Tenancy Law Reform Act 2001: Evidence from Quantile Regressions,"
German Economic Review, Verein für Socialpolitik, vol. 18(2), pages 212-236, May.
- Bernd Fitzenberger & Benjamin Fuchs, 2016. "The Residency Discount for Rents in Germany and the Tenancy Law Reform Act 2001: Evidence from Quantile Regressions," SOEPpapers on Multidisciplinary Panel Data Research 822, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Fitzenberger, Bernd & Fuchs, Benjamin, 2016. "The residency discount for rents in Germany and the Tenancy Law Reform Act 2001: Evidence from quantile regressions," ZEW Discussion Papers 16-012, ZEW - Leibniz Centre for European Economic Research.
- Lutz G. Arnold & Andreas Babl, 2013. "Alas, My Home is My Castle: The Excessive Screening Cost of Buying a House," Working Papers 134, Bavarian Graduate Program in Economics (BGPE).
- Jiro Yoshida & Miki Seko & Kazuto Sumita, 2016. "The Rent Term Premium for Cancellable Leases," The Journal of Real Estate Finance and Economics, Springer, vol. 52(4), pages 480-511, May.
- Barker, David, 2003. "Length of residence discounts, turnover, and demand elasticity. Should long-term tenants pay less than new tenants?," Journal of Housing Economics, Elsevier, vol. 12(1), pages 1-11, March.
- repec:esx:essedp:717 is not listed on IDEAS
- David Genesove, 2003.
"The Nominal Rigidity of Apartment Rents,"
The Review of Economics and Statistics, MIT Press, vol. 85(4), pages 844-853, November.
- David Genesove, 1999. "The Nominal Rigidity of Apartment Rents," NBER Working Papers 7137, National Bureau of Economic Research, Inc.
- Basu, Kaushik & Emerson, Patrick, 1998. "The economic and law of rent control," Policy Research Working Paper Series 1968, The World Bank.
- Hubert, Franz, 2000. "The economics of housing (volumes I and II): John M. Quigley (editor), Edward Elgar, Cheltenham, UK; Northampton, MA, USA," Regional Science and Urban Economics, Elsevier, vol. 30(3), pages 365-372, May.
- Timothy K.M. Beatty & Dag Einar Sommervoll, 2008. "Discrimination in Europe. Evidence from the Rental Market," Discussion Papers 547, Statistics Norway, Research Department.
- Arnott, Richard & Shevyakhova, Elizaveta, 2014.
"Tenancy rent control and credible commitment in maintenance,"
Regional Science and Urban Economics, Elsevier, vol. 47(C), pages 72-85.
- Richard Arnott & Elizaveta Shevyakhova, 2007. "Tenancy Rent Control and Credible Commitment in Maintenance," Boston College Working Papers in Economics 661, Boston College Department of Economics.
- Richard J. Arnott & Elizaveta Shevyakhova, 2014. "Tenancy Rent Control and Credible Commitment in Maintenance," CESifo Working Paper Series 4608, CESifo.
- Richard Arnott & Elizaveta Shevyakhova, 2008. "Tenancy Rent Control And Credible Commitment In Maintenance," Working Papers 200812, University of California at Riverside, Department of Economics, revised Sep 2008.
- Hyslop, Dean R. & Rea, David, 2019.
"Do housing allowances increase rents? Evidence from a discrete policy change,"
Journal of Housing Economics, Elsevier, vol. 46(C).
- Dean Hyslop & David Rea, 2018. "Do housing allowances increase rents? Evidence from a discrete policy change," Working Papers 18_10, Motu Economic and Public Policy Research.
- Red Larsen, Erling & Sommervoll, Dag Einar, 2009. "The impact on rent from tenant and landlord characteristics and interaction," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 316-322, May.
- Ballesteros, Marife M., 2001.
"Benefits (and Losses) From Rent Control in the Philippines: An Empirical Study of Metro Manila,"
Discussion Papers
DP 2001-23, Philippine Institute for Development Studies.
- Ballesteros, Marife M., 2003. "Benefits (and Losses) from Rent Control in the Philippines: An Empirical Study of Metro Manila," Research Paper Series RPS 2002-09, Philippine Institute for Development Studies.
- Raess, Pascal & von Ungern-Sternberg, Thomas, 2002. "A model of regulation in the rental housing market," Regional Science and Urban Economics, Elsevier, vol. 32(4), pages 475-500, July.
- Richard Arnott, 1997. "Rent Control," Boston College Working Papers in Economics 391., Boston College Department of Economics.
- Halket, Jonathan R & Pignatti, Matteo, 2012. "Housing tenure choices with private information," Economics Discussion Papers 8961, University of Essex, Department of Economics.
- Brian Asquith, 2019. "Do Rent Increases Reduce the Housing Supply Under Rent Control? Evidence from Evictions in San Francisco," Upjohn Working Papers and Journal Articles 19-296, W.E. Upjohn Institute for Employment Research.
- Seshimo, Hiroyuki, 2014. "Adverse selection versus hold up: Tenure choice, tenancy protection and equilibrium in housing markets," Regional Science and Urban Economics, Elsevier, vol. 48(C), pages 39-55.
- Raquel Arévalo Tomé & José María Chamorro Rivas, "undated". "Geographic Heterogeneity in Housing. Evidence from Spain," Studies on the Spanish Economy 203, FEDEA.
- Miceli, Thomas J. & Sirmans, C. F., 1999. "Tenant Turnover, Rental Contracts, and Self-Selection," Journal of Housing Economics, Elsevier, vol. 8(4), pages 301-311, December.
- Arnold, Lutz G. & Babl, Andreas, 2014. "Alas, my home is my castle: On the cost of house ownership as a screening device," Journal of Urban Economics, Elsevier, vol. 81(C), pages 57-64.
- Hoffmann, Johannes & Kurz, Claudia, 2002.
"Rent indices for housing in West Germany 1985 to 1998,"
Discussion Paper Series 1: Economic Studies
2002,01, Deutsche Bundesbank.
- Hoffmann, Johannes & Kurz, Claudia, 2002. "Rent indices for housing in West Germany 1985 to 1998," Working Paper Series 0116, European Central Bank.
- Halket, Jonathan & Pignatti Morano di Custoza, Matteo, 2015. "Homeownership and the scarcity of rentals," Journal of Monetary Economics, Elsevier, vol. 76(C), pages 107-123.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michael Waldman, 1990. "A Signalling Explanation for Seniority Based Promotions and Other Labor Market Puzzles," UCLA Economics Working Papers 599, UCLA Department of Economics.
- Jed DeVaro & Michael Waldman, 2012.
"The Signaling Role of Promotions: Further Theory and Empirical Evidence,"
Journal of Labor Economics, University of Chicago Press, vol. 30(1), pages 91-147.
- DeVaro, Jed & Waldman, Michael, 2006. "The signaling role of promotions: Further theory and empirical evidence," MPRA Paper 1550, University Library of Munich, Germany.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2373-2437 is not listed on IDEAS
- Waldman, Michael, 1996. "Asymmetric learning and the wage/productivity relationship," Journal of Economic Behavior & Organization, Elsevier, vol. 31(3), pages 419-429, December.
- Barker, David, 2003. "Length of residence discounts, turnover, and demand elasticity. Should long-term tenants pay less than new tenants?," Journal of Housing Economics, Elsevier, vol. 12(1), pages 1-11, March.
- Dosis, Anastasios, 2018. "On signalling and screening in markets with asymmetric information," Journal of Mathematical Economics, Elsevier, vol. 75(C), pages 140-149.
- Bernd Fitzenberger & Benjamin Fuchs, 2017.
"The Residency Discount for Rents in Germany and the Tenancy Law Reform Act 2001: Evidence from Quantile Regressions,"
German Economic Review, Verein für Socialpolitik, vol. 18(2), pages 212-236, May.
- Fitzenberger, Bernd & Fuchs, Benjamin, 2016. "The residency discount for rents in Germany and the Tenancy Law Reform Act 2001: Evidence from quantile regressions," ZEW Discussion Papers 16-012, ZEW - Leibniz Centre for European Economic Research.
- Bernd Fitzenberger & Benjamin Fuchs, 2016. "The Residency Discount for Rents in Germany and the Tenancy Law Reform Act 2001: Evidence from Quantile Regressions," SOEPpapers on Multidisciplinary Panel Data Research 822, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Wang, Jun & Li, Bo, 2020. "Does employer learning with statistical discrimination exist in China? Evidence from Chinese Micro Survey Data," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 319-333.
- John, Kose & Ravid, S. Abraham & Sunder, Jayanthi, 2017. "Managerial ability and success: Evidence from the career paths of film directors," Journal of Corporate Finance, Elsevier, vol. 44(C), pages 425-439.
- Iwata, Shinichiro, 2002. "The Japanese Tenant Protection Law and Asymmetric Information on Tenure Length," Journal of Housing Economics, Elsevier, vol. 11(2), pages 125-151, June.
- Fuchs, Benjamin & Fitzenberger, Bernd, 2013. "Tenancy Law Reform Act and Length of Tenancy Discount: Heterogenous Effects in a West German Household Sample," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79723, Verein für Socialpolitik / German Economic Association.
- Garcia, René, 1986. "La théorie économique de l’information : exposé synthétique de la littérature," L'Actualité Economique, Société Canadienne de Science Economique, vol. 62(1), pages 88-109, mars.
- Max Blouin, 2000. "Quality Undersupply and Oversupply," Cahiers de recherche CREFE / CREFE Working Papers 113, CREFE, Université du Québec à Montréal.
- Besanko, David & Thakor, Anjan V., 1987.
"Competitive equilibrium in the credit market under asymmetric information,"
Journal of Economic Theory, Elsevier, vol. 42(1), pages 167-182, June.
- David Besanko & Anjan V. Thakor, 2004. "Competitive Equilibrium in the Credit Market under Asymmetric Information," Finance 0411045, University Library of Munich, Germany.
- Davoodalhosseini, Seyed Mohammadreza, 2019.
"Constrained efficiency with adverse selection and directed search,"
Journal of Economic Theory, Elsevier, vol. 183(C), pages 568-593.
- Mohammad Davoodalhosseini, 2017. "Constrained Efficiency with Adverse Selection and Directed Search," Staff Working Papers 17-15, Bank of Canada.
- Miceli, Thomas J. & Sirmans, C. F., 1999. "Tenant Turnover, Rental Contracts, and Self-Selection," Journal of Housing Economics, Elsevier, vol. 8(4), pages 301-311, December.
- Waldman, Michael, 2016. "The dual avenues of labor market signaling," Labour Economics, Elsevier, vol. 41(C), pages 120-134.
- Diasakos, Theodoros M. & Koufopoulos, Kostas, 2018. "(Neutrally) Optimal Mechanism under Adverse Selection: The canonical insurance problem," Games and Economic Behavior, Elsevier, vol. 111(C), pages 159-186.
- Oyer, Paul & Schaefer, Scott, 2011.
"Personnel Economics: Hiring and Incentives,"
Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 20, pages 1769-1823,
Elsevier.
- Paul Oyer & Scott Schaefer, 2010. "Personnel Economics: Hiring and Incentives," NBER Working Papers 15977, National Bureau of Economic Research, Inc.
- Kifmann, Mathias, 2002. "Community rating in health insurance and different benefit packages," Journal of Health Economics, Elsevier, vol. 21(5), pages 719-737, September.
- Noldeka, G. & Samuelson, L., 1994.
"Learning to Signal in Market,"
Working papers
9409, Wisconsin Madison - Social Systems.
- Georg Noldeke & Larry Samuelson, 1994. "Learning to Signal in Markets," Game Theory and Information 9410001, University Library of Munich, Germany, revised 21 Oct 1994.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:regeco:v:25:y:1995:i:5:p:631-654. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nithya Sathishkumar). General contact details of provider: http://www.elsevier.com/locate/regec .
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.