Peng (Peter) Liu

学术成果

2026

  1. Appraisal bias and default in commercial real estate

    Liu, P., Singh, A., & O’Neill, J. W. · International Journal of Hospitality Management · R&R

  2. Hotel establishment performance and the brand network externality

    Liu, P. & Feng, Z. · Under review

  3. Real earnings management in REITs

    Liu, P., Edelstein, B., & Tsang, D. · Real Estate Economics · R&R

  4. Professional property management and the performance of vacation rentals

    Liu, P., Medeiros, M., & Hua, N. · Under review

  5. The value of a brand: The case of hotels

    Liu, P. & Sheinberg, J. · Cornell Hospitality Quarterly · R&R

2025

  1. Culture and Tourism

    Zhang, S., & Liu, P. · Renmin University Press

  2. Founder CEOs and REIT capital structure: A study of risk aversion and debt choices

    Devos, E., Feng, Z., Liu, P., & McGonigle, M. · Journal of Real Estate Research · Published online August 7, 2025

  3. Hospitality Financial Management and Contextualized Decision Making

    Nan, H., Bloom, B., DeFranco, A., Pepetti, T., Logan, T., Mann, D., Liu, P., Das, P., & Upneja, A. · Second edition

  4. The influence of hotel characteristics on debt servicing and default in the U.S. lodging sector

    Singh, A., O’Neill, J. W., & Liu, P. · Cornell Hospitality Quarterly

  5. Investor networks and fund performance in private equity real estate funds

    Yu, B., Liu, P., & Das, P. · Journal of Real Estate Finance and Economics · Published online

  6. Travel photography as a path to green consumption: Mechanisms and challenges in the city of Shangri-La

    Liu, P., & Li, Y. · Journal of Resources and Ecology · Forthcoming

2024

  1. Competition, agglomeration, and tenant composition in shopping malls

    Leung, D., Liu, P., & Zhou, T. · Real Estate Economics

  2. Private equity real estate funds: Unlocking opportunities

    Liu, P. & Das, P. · Palgrave Encyclopedia of Private Equity

  3. Shaping the future: 30 years of trends and thought leadership in commercial real estate

    Liu, P. · Journal of Real Estate Portfolio Management

  4. Social network learning efficiency in the principal-agent relationship

    Ding, C., Hong, Y., Li, Y., & Liu, P. · Journal of Management Science and Engineering

  5. Social network learning: Uncertainty, heterogeneity and the application in principal-agent relationships

    Hong, Y., Ding, C., Li, Y., & Liu, P. · Mathematical Methods in the Applied Sciences

  6. Volatility forecasts by clustering: Applications for VaR estimation

    Wang, Z., Chen, P., Liu, P., & Wu, C. · International Review of Economics & Finance

2023

  1. Brand affiliation and the hotel asset market

    Liu, P., Freybote, J., & Das, P. · International Journal of Hospitality Management

  2. Do brand-affiliated hotels have lower cash-flow risk?

    Liu, P., & O’Neill, J. W. · Cornell Hospitality Quarterly

  3. Introducing “focused firms”: Implications from REIT prime operating revenue

    Feng, Z., & Liu, P. · Journal of Real Estate Finance and Economics

  4. Benchmarking hotel investment risk: Differences based on types of hotels

    O’Neill, J. W., Zhao, J., Liu, P., & Caligiuri, M. · Cornell Hospitality Quarterly

  5. The role of public space in constructing experience capital: A longitudinal analysis in the hotel context

    Wu, L., Liu, P., & Le, D. · Tourism Management

2022

  1. Financial investments and commodity prices

    Liu, P., Qiu, Z., & Xu, D. X. · International Review of Finance

  2. What can hotels learn from the last recovery? Examining hotel occupancy rate and the guest experience

    Liu, P., Wu, L., & Li, X. · International Journal of Hospitality Management

2021

  1. Admission pricing policy in the public scenic spots: An international comparison approach

    Zou, G., Liu, M., Liu, P., & Yang, Z. · Tourism Tribune

  2. Commercial mortgage-backed security pricing with real estate liquidity risk

    Chen, P., Kozhanov, I., Liu, P., & Wu, C. · Real Estate Economics

  3. Optimal contract design in residential brokerage

    Liu, P., & Xie, J. · Real Estate Economics

  4. Private equity real estate investment in Shanghai

    Liu, P. & Loh

2020

  1. Are government-owned investment funds created equal? Evidence from sovereign wealth fund real estate acquisitions

    Liu, P., Mauck, N., & Price, S. M. · The Journal of Real Estate Finance and Economics

2019

  1. Dual monopoly in tourism industry and related price coordination and policy regulation

    Zou, G., Liu, M., He, J., & Liu, P. · Tourism Tribune

  2. Real assets, liquidation value and choice of financing

    Liu, C. H., Liu, P., & Zhang, Z. · Real Estate Economics

2016

  1. The economics of commercial real estate preleasing

    Edelstein, R. H., & Liu, P. · The Journal of Real Estate Finance and Economics

  2. A direct test of the free cash flow hypothesis: Evidence from real estate transactions

    Chu, Y., & Liu, P. · The Journal of Real Estate Finance and Economics

  3. Utilizing “big data” to improve the hotel sector’s energy efficiency: Lessons from recent economic research

    Kahn, M. E., & Liu, P. · Cornell Hospitality Quarterly

2015

  1. Herd journalism: Investment in novelty and popularity in markets for news

    Ho, B., & Liu, P. · Information Economics and Policy

  2. Inflation and house prices: Theory and evidence from 35 major cities in China

    Kuang, W., & Liu, P. · International Real Estate Review

  3. Maximal Gaussian affine models for multiple commodities: A note

    Casassus, J., Liu, P., & Tang, K. · Journal of Futures Markets

2013

  1. Economic linkages, relative scarcity, and commodity futures returns

    Casassus, J., Liu, P., & Tang, K. · Review of Financial Studies

  2. Foreclosure of securitized commercial mortgages: A model of the special servicer

    Liu, P., & Quan, D. · The Journal of Real Estate Finance and Economics

  3. Is what’s bad for the goose (tenant), bad for the gander (landlord)? A retail real estate perspective

    Liu, C., & Liu, P. · Journal of Real Estate Research

  4. List price information in the negotiation of commercial real estate transactions: Is silence golden?

    Gatzlaff, D., & Liu, P. · The Journal of Real Estate Finance and Economics

2012

  1. The determinants of homebuilder stock price exposure to lumber: Production cost versus housing demand

    Liu, P., Lu, X., & Tang, K. · Journal of Housing Economics

  2. The market for real estate presales: A theoretical approach

    Edelstein, R., Liu, P., & Wu, F. · The Journal of Real Estate Finance and Economics

  3. Rational herding in microloan markets

    Liu, P., & Zhang, J. · Management Science

  4. The composition of market proxy in REITs risk premium estimation

    Liu, X., & Liu, P. · Journal of Real Estate Portfolio Management

2011

  1. The stochastic behavior of commodity prices with heteroskedasticity in the convenience yield

    Liu, P., & Tang, K. · Journal of Empirical Finance

2010

  1. No-arbitrage conditions for storable commodities and the modeling of futures term structures

    Liu, P., & Tang, K. · Journal of Banking & Finance

  2. Real estate investment trusts: Performance, recent findings, and future directions

    Liu, P. · Cornell Hospitality Quarterly

2009

  1. Mortgage prepayment and default behavior with embedded forward contract risks in China’s housing market

    Deng, Y., & Liu, P. · The Journal of Real Estate Finance and Economics