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Best paper awards for the 2011 AsRES-AREUEA Joint International Conference, Jeju

l   RICS (Royal Institute of Chartered Surveyors):

Sclerosis of the City: Inefficiency and the assembly of urban land

Leah Brooks (University of Toronto) and Byron Lutz (Federal Reserve Board of Governors)

l   Maurice Seldin Advanced Studies Institute:

Information Asymmetry, Heterogeneous Beliefs and the Breakeven Determination of Loan Limits for Reverse Mortgages

Gang-Zhi Fan (Konkuk University), Ming Pu (Southwestern University of Finance and Economics), and Yongheng Deng (National University of Singapore)

l   ICSC (International Council of Shopping Centers)

The leveraged city: The timing of development in the presence of a defaultable mortgage

Seung Dong You (University of British Columbia)


Tail diversification value of Asia REITs during recent subprime crisis period

Chiming Wu (National Chengchi University)







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