Monash University is a world leading research universities based in Melbourne, Australia, and its finance department is ranked the 34th in QS World University Ranking by Subjects in 2022.

Wayne is a PhD candidate joining the Department of Land Economy in 2019 as an awardee of the Cambridge Trust and St Edmund’s Duke of Edinburgh Scholarship. His supervisor, Dr. Thies Lindenthal, and his research areas including urban economics, behavioural economics, and real estate finance. Wayne is especially interested in exploring the application of machining learning and unstructured data (e.g., texts and images) in real estate research. He defended his PhD thesis titled “Bounded Rationality in Real Estate Investment Decisions” in May 2022.

As a PhD student, Wayne has outstanding research records with publications in the top real estate journals, such as Real Estate EconomicsJournal of Regional ScienceJournal of Real Estate Finance and Economics, etc. Some of his working papers are also under revision in the leading mainstream finance journals, such as Management Science and Review of Finance. His key publications and working papers include:

  • Quan Gan, Maggie Hu, Wayne X. Wan, Contract Rescission in the Real Estate Presale Market, Real Estate Economics (2022). DOI: 10.1111/1540-6229.12363.
  • Yi Fan, Ho Pin Teo, Wayne X. Wan, Public Transport, Noise Complaints, and Housing: Evidence from Sentiment Analysis in Singapore, Journal of Regional Science (2021). DOI: 10.1111/jors.12524.
  • Ling Li, Wayne X. Wan, The Effect of Expected Losses on the Hong Kong Property Market, The Journal of Real Estate Finance and Economics (2021). DOI: 10.1007/s11146-021-09851-3.
  • Wayne X. Wan, Thies Lindenthal, Towards Accountability in Machine Learning Applications: A System-testing Approach, conditional acceptance by Real Estate Economics, July 2022.
  • Maggie Hu, Desmond Tsang, Wayne X. Wan, Corporate Relocation and Housing Market Spillover, minor revision at Management Science, July 2022. 
  • Sumit Agarwal, Kwong Wing Chau, Maggie Hu, Wayne X. Wan, Tobin Tax Policy, Housing Speculation, and Property Market Dynamics", revise & resubmit at Management Science, ​June 2022.
  • Yi Fan, Maggie Hu, Wayne X. Wan, Zhenping Wang, A Tale of Two Cities: Mainland Chinese Buyers in Hong Kong Housing Market, revise & resubmit at Review of Finance, February 2022. 

Congratulations to Wayne again for the placement! 

We wish you best of luck in your future career.