Faculty News

Professor Dolly Chugh's book, "The Person You Mean to Be," is referenced in an article about making mistakes

Harvard Business Review logo
Excerpt from Harvard Business Review-- "According to social psychologist Dolly Chugh, author of The Person You Mean to Be: How Good People Fight Bias, when we aren’t sure whether an identity that feels important to us has been granted, our need for affirmation becomes urgent and intense."
Faculty News

Professors Luis Cabral and Yossi Spiegel are among signatories on a joint statement opposing the merger of Siemens and Alstom

De Standaard logo
Excerpt from De Standaard -- "Forty top economists support the decision of the European Commission to ban the merger between Siemens and Alstom. They warn of the misconception that mergers are needed to create European champions."
Faculty News

Geeta Menon, Dean of the Undergraduate College, is featured as one of five "Indian women who are shining at the global level"

Headlines of Today logo 192 x 144
Excerpt from Headlines of Today -- "Geeta Menon is the 11th Dean of the Undergraduate College at New York University Stern School Business. Menon was listed as one of the most influential Global Indian women by The Economic Times. She served as a visiting professor at the Indian School of Business in 2009 and 2011. In 2010, she was the President of the Association for Consumer Research (ACR)."
Press Releases

NYU Stern Experts Available for Comment on the Impact of Artificial Intelligence (AI) and Technology on Business and Society

Computer panel
NYU Stern School of Business faculty are available to offer expert analysis on the proliferation of Artificial Intelligence (AI) and how it will impact our economy and society.  
Faculty News

Professor Edward Altman is interviewed about credit markets in India

Bloomberg Quint logo
Excerpt from Bloomberg Quint -- "Size is not a proxy for credit worthiness. I think there is an issue in India where it is too easy to get a AAA and AA rating. The financial community, investors, maybe even banks, are being misled by those high ratings. The system has to understand why we have so many AAA and AA bonds and relatively high number of bad loans."
Faculty News

Professor Adam Alter is interviewed for a story on Candy Crush game addiction

Observer logo
Excerpt from Observer -- "'Most people don’t have five hours,' Alter told Observer. 'That very limited time should be spent on other things, more ‘profitable’ things. The opportunity cost is high. If you have a job, a family, loved ones—you will be doing less of those things if you spend a huge amount of time playing Candy Crush. Candy Crush is a very isolating experience.'"
Faculty News

Professor Scott Galloway is quoted in a column on Jeff Bezos and the National Enquirer

The New York Times Logo
Excerpt from The New York Times -- "It was the 'worst business decision of 2018,' said Scott Galloway, a founder of the business research firm Gartner L2 and a professor of marketing at New York University Stern School of Business. 'It feels like the tide has turned substantially,' Mr. Galloway said. 'They’ve sort of poked the bear.'"
Faculty News

In an op-ed, Professor Andrew Hinkes offers a proposed taxonomy to clarify the definitions of various tokenized securities

CoinDesk logo
Excerpt from CoinDesk -- "Unlike ICOs, which provided value as an arbitrage against regulation, which typically failed to provide legally required disclosures to purchasers, and which generally offered a future right to a product or service rights to their purchasers, tokenized securities will comply with the law, and at least initially, fall into one of a few categories or types. A clear understanding of those types and the rights provided to their buyers is critical to understand why tokenizing securities will improve their utility, features, and marketability."
Faculty News

Professor Ari Ginsberg comments on how Jeff Bezos' conflict with the National Enquirer will impact his reputation

USA Today logo
Excerpt from USA Today -- "'His reputation hasn’t been stellar before for these other reasons, not to say these claims are true,' says Ari Ginsberg, a professor of entrepreneurship and management at the New York University's Stern School of Business."
School News

Senior Research Scholar Alain Bertaud's work on spatial organization in cities is referenced in an article on the Green New Deal

Forbes logo
Excerpt from Forbes -- "A city’s form matters because as urban planner and researcher Alain Bertaud points out, rail '…is incompatible with low densities and urban spatial structures that are dominantly polycentric.'"
Faculty News

In a podcast interview, Professors Scott Galloway and Adam Alter discuss whether Facebook is a force for good or bad as the company turns 15

Recode logo
Excerpt from Recode -- "I think Facebook is a force for bad in the world. I think there's only one good thing Facebook has done and that's allow people who have existing offline relationships to rekindle those relationships if they've lost touch with people. But I think, in every other context, Facebook has done much more bad than good. It is a time suck, it fuels political division, it's designed to sell things to people that they don't need, it violates our privacy and then weaponizes the information that it gathers to keep us glued to the screen. It fuels a very unhealthy reliance on other people for social approval. It's a portal to bullying and ostracism.. the list goes on."
Faculty News

Professor Tom Meyvis is interviewed about whether the National Enquirer will lose advertisers after its alleged attempt to blackmail Jeff Bezos

Excerpt from Adweek -- "'Those are not brands that are interested in managing a prestigious image,' said Tom Meyvis, professor of marketing at the Stern School of Business at New York University. 'Those brands also do not want to be associated with an immoral media company if people do indeed see it as such.'"
Faculty News

Professor Thomas Philippon and PhD student Germán Gutiérrez's joint research on competition in the US and European markets is featured

Investors Chronicle logo 192 x 144
Excerpt from Investors Chronicle -- "In a paper they produced in June 2018 they say that the EU’s competition regulators 'are more independent than their American counterparts and they enforce pro-competition policies more strongly than any individual country ever did.'"
Faculty News

In an in-depth interview, Professor Nicholas Economides discusses Brexit and the European Union

 i24-TV logo
Excerpt from i24 TV --"Greece would have been a huge disaster... if it left the European Union. And Italy is going to be also very problematic for Italy if it leaves. I'm afraid that the same is true even for a strong nation, like Britain. But the most fundamental problem is that people voted to leave the European Union without having a specific plan in front of them of what this would mean. And, therefore, everybody had in his mind or her mind, his own version or her own version of Brexit, rather than what is feasible."
Faculty News

Professor Arun Sundararajan is interviewed for a feature story on Uber's new lines of business ahead of its IPO

Bloomberg logo
Excerpt from Bloomberg -- "'It’s part of them subscribing to a vision that in a few years there will be one or two apps through which we access all of our transportation modes,' said Arun Sundararajan, a professor at New York University’s business school. That could mean, for example, using one app to coordinate taking a bike to the train and then a car to the office, instead of just taking a car."
Faculty News

Professor David Yermack is interviewed for a feature story on bitcoin ATMs

Marketplace Logo
Excerpt from Marketplace -- "There's a demographic of people who tend to — even if they don't own this — they know about it. It's a good conversation piece. It's well understood that shops that accept bitcoin are really trying to segment the market and get a more affluent tech savvy crowd just to come in and shop but they really don't want to spend bitcoin, they just want those people to enter the premises.”
Faculty News

Professor Kristen Sosulski highlights the value of an advanced degree in business analytics

TechRepublic logo
Excerpt from TechRepublic -- "'The power of a master's or another degree in business analytics is you're setting pathways for yourself to be a leader in that field,' Sosulski said. 'That's very powerful for someone returning to school looking to make a clear change.'"
Faculty News

In an in-depth interview, Professor Alixandra Barasch discusses takeaways from her research on the impact of taking photos to share on social media

how to make everything podcast logo
Excerpt from How to Make Everything -- (17:15) "When people capture an experience for themselves—when they're taking photos, for example, for their own personal memories—this can actually be very rewarding. So, contrary to a lot of people's lay beliefs that photos are destroying society or ruining our experiences, we've actually found that taking photos draws you into an experience... and this shift in attention can actually increase enjoyment in certain types of experiences. But, that being said, there's obviously a trade off, because while you might be focused more on the visual details of your experience... that comes with a cost, because you have limited attentional resources... you can't focus on everything at once."
Faculty News

Professor Arun Sundararajan discusses the impact of minimum wage laws in a feature story on fair pay and the sharing economy

Recode logo
Excerpt from Recode -- "'A lot of local governments are likely to be watching how the New York minimum wage experiment plays out,' said Arun Sundararajan, a professor of business at NYU who studies the gig economy. Sundararajan also cautioned that the 'devil is in the details' with rolling out these kinds of regulations."
Faculty News

In a live interview, Professor Edward Altman argues that India needs a good credit culture

Excerpt from CNBCTV18 -- "'If we have a recession, then there would be tremendous impact on defaults and the size of companies that default would be more than we thought because of the incredible build up in global debt in last nine years,' Altman said."
Faculty News

Professor Petra Moser's research on how patent laws influence innovation is featured in a video series on inspiring women in economics

marginal revolution logo
Excerpt from Marginal Revolution -- "She had no idea whether any of this data work would pay off, but it did pay off, with a now-famous paper in the AER. This is a good lesson for students... Greatness requires ingenuity and perseverance and Petra Moser exemplifies both of these characteristics."
School News

In a joint op-ed, MS in Risk Management alumni Sean Holland and James Laurie argue for public pension reform and greater transparency, based on their work with Professor Ingo Walter

The Hill logo
Excerpt from The Hill -- "This is a deep-rooted and complex financial predicament with potentially calamitous economic, social and political ramifications. For all stakeholders, the cure may be worse than the malady in that all potential solutions will involve some degree of prolonged financial sacrifice and suffering, especially for those least prepared."
Research Center Events

Economic Outlook Forum

NYU flags outside of the Henry Kaufman Management Center
The NYU Stern Center for Global Economy and Business will host the Economic Outlook Forum on February 6, 2019.
Faculty News

Professor Amal Shehata is interviewed for a story on KPMG's changes to its audit practices after a cheating scandal

Bloomberg Law Logo
Excerpt from Bloomberg Law -- "'Any of these frauds or scandals end up damaging the trust in the audit role whether it’s KPMG or their competitors,' Shehata said. 'There ends up being this lingering blemish on the integrity of the audit, the feasibility of the audit—does it really work, is it possible to conduct an independent audit?'"
Faculty News

Professor Anindya Ghose explains how India's new foreign direct investment (FDI) regulations may derail Amazon's planned acquisition of Flipkart

Quartz logo
Excerpt from Quartz India -- "'The new regulations are semi-protectionist and will directly benefit local players such as (India’s richest person) Mukesh Ambani’s Reliance Retail. Who all have been pulling the strings within the government to make this happen is anybody’s guess,' Anindya Ghose, the Heinz Riehl professor of business at New York University (NYU), told Quartz."