Contact: Cody MacRae

macraec@uoguelph.ca

+1 (613) 484-4638

Biography:

Paul Anglin is a tenured Associate Professor in the College of Management and Economics, University of Guelph. He holds a Ph.D. from the University of Western Ontario in Economic Theory. His best known research focuses on the issues of how houses are bought and sold with a special emphasis on how long the process takes and on the role of real estate agents in that process. He has also contributed ideas to a diverse set of questions including price dynamics, price indices, and information asymmetry (and physics). His work, using both empirical and analytical methods, has been published in leading journals such as the Journal of Political Economy, the Canadian Journal of Economics, Canadian Public Policy, Real Estate Economics and the Journal of Real Estate Research. He is a member of the Editorial Board for Real Estate Economics. He is currently learning more about curious questions related to corporate governance, model risk and judgment. Since graduating, he has taught a wide range of courses. Most of them are related in some way to decision-making and markets, including all levels of microeconomics (from Introductory to Ph.D. level, including some classes on game theory and strategic behaviour), Computer Simulation, Urban Economics, Housing Policy, Government and Business Relations, Marketing Planning and Analysis, and Real Estate Market Analysis. After listening to students and other smart people, he asserts that most of the techniques discussed in these courses implement five basic principles. These principles represent features shared by a surprising range of issues, and most mistakes or apparent paradoxes in a market-based environment begin by forgetting one or more of these principles.

 

Working Papers

C.V.

Guelph Real Estate Blog

Education: 

B.Sc., University of Toronto M.A., University of Western Ontario Ph.D., University of Western Ontario

 

Research Interests:

  • House Price Dynamics

  • Risk, Uncertainty and Information

  • Computer Simulation and Model Risk

  • Time-till-Sale of Houses

“The most exciting phrase to hear in science, the one that heralds new discoveries, is not ‘Eureka’ but ‘That’s funny …’ ” Isaac Asimov

Publications:

“What is the relationship between REIT corporate governance characteristics and earnings management?”, Journal of Real Estate Finance and Economics, Co-authors: R. Edelstein, Y. Gao and D. Tsang, http://link.springer.com/article/10.1007%2Fs11146-012-9367-y

“Pricing in an illiquid real estate market”, Journal of Real Estate Research, Co-author: R. Wiebe, 2013, 35, 1, 83- 102.http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/new_current/vol35n01/04.83_102.pdf

“The trade off between the selling price of residential properties and time-on-the-market: The impact of price setting” Co-authors: R. Rutherford and T. Springer, 2003, Journal of Real Estate Finance and Economics, Vol. 26 (1), 95- 111.http://link.springer.com/article/10.1023%2FA%3A1021526332732