2019冠状病毒病及其对酒店业租金价格的影响:一种基于契约条款的经济模型

Q3 Economics, Econometrics and Finance

Studies in Microeconomics Pub Date : 2022-10-03 DOI:10.1177/23210222221119372

J. Alarcon

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引用次数: 0

摘要

由于封锁限制了人员流动，COVID-19大流行使世界各地的酒店收入大幅下降。对于许多酒店经营者来说，建筑租金是最重要的固定成本之一。《契约条款》允许法官裁定，当当事人无法预见的监督事件导致经济困难时，可以对合同的经济条件进行变更。本文分析了考虑到不同的市场结构和产品差异化程度，如果现在实行这一条款，将会对长期合同中约定的酒店设施租金产生怎样的变化，从而依法降低现有租金。JEL分类:K12, K22, D43, L83

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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COVID-19 and Its Effects on Rent Prices for the Hospitality Industry: An Economic Model for the Rebus Sic Stantibus Clause

The COVID-19 pandemic made hotels around the world to experience a huge drop in revenues as lockdowns restricted mobility. For many hotel operators, the rent of the building is one of the most important fixed costs. The Rebus Sic Stantibus clause allows judges to rule that changes can be made to the economic conditions of contracts when a supervening event, not foreseen by the parties, causes economic hardship. This paper analyses, considering different market structures and the degree of product differentiation, how the rent for hotel facilities agreed in long-term contracts will change if the clause is applied now, reducing by law current rents. JEL Classifications: K12, K22, D43, L83

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来源期刊

Studies in Microeconomics Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.40

自引率

0.00%

发文量

期刊介绍： Studies in Microeconomics seeks high quality theoretical as well as applied (or empirical) research in all areas of microeconomics (broadly defined to include other avenues of decision science such as psychology, political science and organizational behavior). In particular, we encourage submissions in new areas of Microeconomics such as in the fields of Experimental economics and Behavioral Economics. All manuscripts will be subjected to a peer-review process. The intended audience of the journal are professional economists and young researchers with an interest and expertise in microeconomics and above. In addition to full-length articles MIC is interested in publishing and promoting shorter refereed articles (letters and notes) that are pertinent to the specialist in the field of Microeconomics (broadly defined). MIC will periodically publish special issues with themes of particular interest, including articles solicited from leading scholars as well as authoritative survey articles and meta-analysis on the themed topic. We will also publish book reviews related to microeconomics, and MIC encourages publishing articles from policy practitioners dealing with microeconomic issues that have policy relevance under the section Policy Analysis and Debate.