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CMMU Faculty Research at the 2010 Financial Management Association Annual Meeting

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Research by Asst. Prof. Dr. Roy Kouwenberg and colleague Dr. Remco Zwinkels of Erasmus University Rotterdam has been accepted for presentation at the 2010 Annual Meeting of the Financial Management Association International, and short-listed as a semifinalist for a best paper award. The conference will be held in New York City, on October 20 - 23, 2010. The paper, titled “Chasing Trends in the U.S. Housing Markets”, develops and estimates a behavioral model for the U.S. housing market with boundedly rational investors. The model can generate boom-bust price cycles, as recently experienced in the U.S. and other countries. Nearly 1,700 papers were submitted for the 2010 FMA meeting and each paper was reviewed anonymously by at least two members of the program committee. Acceptance of this report confirms CMMU's status as a leading business school in Thailand.