Soon Hyeok Choi
Assistant Professor
Soon Hyeok Choi
Assistant Professor
Education
BA, Bowdoin College; MPS, MA, Ph.D., Cornell University
Bio
Dr. Soon Hyeok Choi is an Assistant Professor of Real Estate Finance at the Saunders College of Business in RIT. He is a real estate and financial economist. His research interests are real estate finance (residential, commercial, hospitality) and corporate finance with an emphasis on the study of durable asset financing, asset price bubbles, financial inclusion, and sustainability. Dr. Choi holds a Ph.D. in Hotel Administration, MA in Economics, and MPS in Applied Statistics from Cornell University. He graduated with an AB in Economics (magna cum laude & high honors in thesis) from Bowdoin College.
Select Scholarship
“Is the Current Bull Market A Bubble? An Empirical Investigation” with Robert A. Jarrow, Working Paper, 2024.
“The Winner's Curse in Housing Markets” with Adam Nowak, Patrick Smith, Alexei Tchistyi, Working Paper, 2024.
“A Theory of Durable Asset Leasing” with Crocker H. Liu, Working Paper, 2024.
“Pricing the Upside Potential to Downside Risk” with Robert A. Jarrow, Daniel Lebret, Crocker H. Liu, Working Paper, 2024.
- Semifinalist for Best Paper Award, Financial Intermediation & Institutions, Financial Management Association 2023
- Best Practitioner Research Award (Non-residential), $2,500 sponsored by BOMA International, American Real Estate Society 2023
“Applying the Local Martingale Theory of Bubbles to Cryptocurrencies” with Robert A. Jarrow, International Journal of Theoretical and Applied Finance, 2022, Vol. 25 No. 03 2250013 1-25.
Currently Teaching
In the News
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April 25, 2024
2023-24 Saunders Faculty and Staff Go Above and Beyond
Saunders College of Business recognizes the accomplishments of its outstanding employees throughout the 2023-24 academic year.
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April 25, 2024
2023-24 Saunders Faculty and Staff Go Above and Beyond
Saunders College of Business recognizes the accomplishments of its outstanding employees throughout the 2023-24 academic year.