Ann Godfrey

Conference paper

Bundling and splitting: workspace tenure in two vectors

The relationship between levels of energy efficiency and differing forms of commercial office workspace tenure is theoretically affected by the economic principal-agent problems of moral hazard and adverse selection. Tenure involving contracts gross with energy utilities is subject to the moral hazard of overconsumption of...
Conference paper

Work-architecture: a new space for real estate

Adopting the Resource Based View of the firm and using an overview of the Information Economics and business literature on Transaction Cost Theory of the Firm this paper describes two information age characteristics which are essential to the transformation of the way real estate is...