Ole Jakob Sønstebø
About
Ole Jakob Sønstebø is Associate Professor in Business Analytics at NTNU Business School, Norwegian University of Science and Technology, and member of NTNU Center for Real Estate and Environmental Economics. His main research interest is within real estate finance and economics. He has publications in journals like Journal of Real Estate Research, Journal of Property Research, The Energy Journal, and Energy Policy. He teaches courses in applied statistics and big data in real estate finance. Sønstebø has his PhD in Business Administration from NTNU (2020) with the thesis Four Essays on Real Estate Auctions.
Competencies
Research
Ongoing research projects:
- Green dwellings and compact dwellings, 2023-
- Household climate risk, 2022-
- Automated Valuation Models (AVM) in real estate, 2021-
- Energy efficiency of dwellings, 2016-
- Real estate auctions, 2016-
Publications
2025
-
Denstadli, Jon Martin;
Sønstebø, Ole Jakob.
(2025)
Come together! Or not? Homebuyers’ interest in sharing facilities with fellow residents.
Urban Studies
Academic article
2024
-
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2024)
Slik får du best pris for boligen du vil selge.
Forskning.no
Interview Journal
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2024)
Energy Performance Certificates and the Capitalization of Utility Costs in Rents: The Potential Role of Asymmetric Information and Uncertainty.
Energy Journal
Academic article
2023
-
Brannan, Håkon Bergseng;
Pjaaka, Christian;
Oust, Are;
Sønstebø, Ole Jakob.
(2023)
Earnings management in European real estate firms during crisis periods.
Property Management
Academic article
2022
-
Flått, Marte;
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2022)
Hijacking the auction – seller's or buyer's curse?.
Journal of European Real Estate Research
Academic article
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2022)
Energy Efficiency Premium Issues and Revealing the Pure Label Effect.
Energy Journal
Academic article
2021
-
Dalland, Simen;
Hammervold, Randi;
Karlsen, Henrik Tangen;
Oust, Are;
Sønstebø, Ole Jakob.
(2021)
Aggressive bidding strategies in real estate auctions – a structural equation modelling (SEM) approach.
Journal of European Real Estate Research
Academic article
-
Sønstebø, Ole Jakob;
Olaussen, Jon Olaf;
Oust, Are.
(2021)
Opening Bid Strategies in English Auctions.
Journal of Real Estate Research
Academic article
2020
-
Khazal, Aras;
Sønstebø, Ole Jakob;
Olaussen, Jon Olaf;
Oust, Are.
(2020)
The impact of strategic jump bidding in residential English auctions.
Journal of Property Research
Academic article
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2020)
Valuation of energy performance certificates in the rental market – Professionals vs. nonprofessionals.
Energy Policy
Academic article
2018
-
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2018)
Bidding Behavior in the Housing Market under Different Market Regimes.
Journal of Risk and Financial Management
Academic article
Journal publications
-
Denstadli, Jon Martin;
Sønstebø, Ole Jakob.
(2025)
Come together! Or not? Homebuyers’ interest in sharing facilities with fellow residents.
Urban Studies
Academic article
-
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2024)
Slik får du best pris for boligen du vil selge.
Forskning.no
Interview Journal
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2024)
Energy Performance Certificates and the Capitalization of Utility Costs in Rents: The Potential Role of Asymmetric Information and Uncertainty.
Energy Journal
Academic article
-
Brannan, Håkon Bergseng;
Pjaaka, Christian;
Oust, Are;
Sønstebø, Ole Jakob.
(2023)
Earnings management in European real estate firms during crisis periods.
Property Management
Academic article
-
Flått, Marte;
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2022)
Hijacking the auction – seller's or buyer's curse?.
Journal of European Real Estate Research
Academic article
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2022)
Energy Efficiency Premium Issues and Revealing the Pure Label Effect.
Energy Journal
Academic article
-
Dalland, Simen;
Hammervold, Randi;
Karlsen, Henrik Tangen;
Oust, Are;
Sønstebø, Ole Jakob.
(2021)
Aggressive bidding strategies in real estate auctions – a structural equation modelling (SEM) approach.
Journal of European Real Estate Research
Academic article
-
Sønstebø, Ole Jakob;
Olaussen, Jon Olaf;
Oust, Are.
(2021)
Opening Bid Strategies in English Auctions.
Journal of Real Estate Research
Academic article
-
Khazal, Aras;
Sønstebø, Ole Jakob;
Olaussen, Jon Olaf;
Oust, Are.
(2020)
The impact of strategic jump bidding in residential English auctions.
Journal of Property Research
Academic article
-
Khazal, Aras;
Sønstebø, Ole Jakob.
(2020)
Valuation of energy performance certificates in the rental market – Professionals vs. nonprofessionals.
Energy Policy
Academic article
-
Olaussen, Jon Olaf;
Oust, Are;
Sønstebø, Ole Jakob.
(2018)
Bidding Behavior in the Housing Market under Different Market Regimes.
Journal of Risk and Financial Management
Academic article
Teaching
Courses
Outreach
2024
-
Academic lectureElias, Bjørgve; Are, Oust; Cato, Sandnes; Sønstebø, Ole Jakob. (2024) Enhancing Automated Valuation Models through Stacked Generalization: A Comparative Analysis of Housing Valuation Techniques. AREUEA International ConferenceWillemstad, Curaçao 2024 2024-06-23 - 2024-06-26
2023
-
Academic lectureOust, Are; Sønstebø, Ole Jakob. (2023) Enhancing Automated Valuation Models through Stacked Generalization: A Comparative Analysis of Housing Valuation Techniques Publisering. University of St. Gallen St. Gallen research seminar , St. Gallen 2023-05-08 - 2023-05-10
2022
-
InterviewOust, Are; Sønstebø, Ole Jakob. (2022) Slik gjør du bolig-kupp: Simen kjøpte 450.000 under prisantydning. Dine Penger Dine Penger [Business/trade/industry journal] 2022-11-25
2018
-
Academic lectureSønstebø, Ole Jakob; Olaussen, Jon Olaf; Oust, Are. (2018) Opening Bid Strategies in English Auctions. European Real Estate Society ERES Annual Conference , Reading University 2018-06-27 - 2018-06-30
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Academic lectureSønstebø, Ole Jakob; Olaussen, Jon Olaf; Oust, Are. (2018) Opening Bid Strategies in English Auctions. NTNU Business School Workshop & PhD seminar , Trondheim 2018-10-18 - 2018-10-19
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Academic lectureSønstebø, Ole Jakob; Olaussen, Jon Olaf; Oust, Are. (2018) Opening Bid Strategies in English Auctions. FIBE 2018 2018-01-03 - 2018-01-05
2017
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Academic lectureSønstebø, Ole Jakob; Olaussen, Jon Olaf; Oust, Are. (2017) Opening Bid Strategies in English Auctions. The American Real Estate and Urban Economics Association 2017 AREUEA International Conference , Amsterdam 2017-07-03 - 2017-07-05
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Academic lectureSønstebø, Ole Jakob; Olaussen, Jon Olaf; Oust, Are. (2017) Opening Bid Strategies in English Auctions. The Society of Interdisciplinary Business Research Conference in Interdisciplinary Business Research , Hong Kong 2017-09-30 - 2017-10-01