FCBE FIR Sunderman Wins IAAO Award

Dr. Mark Sunderman recently published "Using Information Theory to Evaluate Measures of Vertical Inequality in Property Taxation" in the Journal of Property Tax Assessment & Administration, a FCBE FIR (Finance, Insurance and Real Estate) ranked A publication.

The paper was co-authored with Dr. Frank SanPietro and Dr. Evgeny Radetskiy, former FIR doctoral students, and Dr. Brian Janz, current professor in the Department of Business Information and Technology.

The paper was awarded the 2020 Bernard L. Barnard Outstanding Technical Essay Award by the International Association of Assessing Officers (IAAO). Named after Dr. Bernard L. Barnard, a former IAAO director of research, this award is presented to the author(s) of an outstanding article or essay on technical innovations in assessment or property tax administration.

Sunderman said, "It is an honor to be recognized for this award and to have our students and Brian share it with me in a successful, inter-departmental effort."

Background

IAAO is the leading nonprofit, educational and research association for individuals in the assessment profession and others with an interest in property valuation and taxation. IAAO's mission is to promote innovation and excellence in property appraisal, assessment administration and property tax policy through professional development, education, research, and technical assistance. IAAO currently serves more than 8,000 members worldwide.

Sunderman holds the Morris Fogelman Real Estate Chair of Excellence, Department of Finance, Insurance and Real Estate. His research is primarily in the field of real estate, with a focus on property tax administration, valuation, real estate finance, and the valuation of government grazing leases.

The Fogelman College of Business & Economics is an AACSB accredited institution comprising six departments – School of Accountancy; Business Information and Technology; Economics; Finance, Insurance, and Real Estate; Management; and Marketing and Supply Chain Management.