Faculty News

Professor Michael Spence's research on signaling is featured

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Excerpt from the Harvard Business Review -- "Stripped to its essentials, the Spence signaling model simply requires that there be a link between a desirable yet hidden attribute and the cost of doing something. And that something can be anything, as long as everyone knows it’s cheap for the smart and virtuous to do it, and difficult for anyone else."
Faculty News

Professor Russell Winer discusses the impact of politics on this year's Super Bowl ads

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Excerpt from the Los Angeles Times -- "'The country is so split politically right now,' said Russell S. Winer, a marketing professor at New York University. 'Marketers are spending at least $5 million just to be in the Super Bowl — and they don’t want their messages to alienate anyone.' ... 'Comedy is a good way to cut across the political spectrum,' Winer said."
Faculty News

Professor Amy Webb is highlighted in a feature on Silicon Alley influencers

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Excerpt from Inc. -- "The founder of the Future Today Institute, a strategy and technology research firm, Webb has been studying the future of technology and media for more than a decade. (Previously, she launched Webbmedia Group, a company that advised media and tech companies.) These days, she also lectures at Columbia University, and was recently designated an adjunct assistant professor at NYU's Stern School of Business. Insiders called Webb a key 'trend spotter' of the New York startup ecosystem. Webb is also a columnist for Inc. magazine."
Faculty News

Professor Constantine Yannelis explains why "zero-based budgeting" can be helpful in managing personal finances

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Excerpt from KHOU -- "'The main reason people use zero-based budgeting is to control their spending habits in the face of impulsive behavior,' says Dr. Constantine Yannelis, an assistant professor of finance at NYU Leonard N. Stern School of Business."
Faculty News

Professor Aswath Damodaran shares his views on Snap Inc.'s IPO

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Excerpt from Quartz -- "'This is not so much about capital structure as it is about control,' Aswath Damodaran, a professor and valuation expert at New York University, told Quartz. 'I don’t like it, as an investor, but my guess is that the investors who like Snap will let it go by, just as they have for Google and Facebook.'"
School News

Stern's new Advancing Women in Business scholarship program is featured

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Excerpt from Clear Admit -- "The vision behind the scholarship is very much in line with the efforts and initiatives of the popular student club Stern Women in Business (SWIB). Devoted to building a supportive community focused on topics significant to women in business, SWIB counts men as well as women among its members, including on its leadership board. This is in keeping with the club’s goal of providing a forum where diverse experiences, perspectives and resources can be shared."
Press Releases

NYU Stern Establishes New “Advancing Women in Business Scholarship” for Full-time MBA Students

NYU Stern is establishing a new merit-based scholarship, the Advancing Women in Business Scholarship, for incoming full-time MBA students. The scholarships will be awarded to students who demonstrate a deep and abiding commitment to advancing women in business and will cover the first year of tuition and mandatory fees. 
Business and Policy Leader Events

NYU Stern’s Master of Science in Risk Management Hosts Roundtable on the Economy, Trade and China

On Thursday, February 2, NYU Stern’s Master of Science in Risk Management program hosted a roundtable entitled “New U.S. Administration:Risky Spotlight on Economy, Trade and China.” Featured speakers included Michael Waugh, NYU Stern Associate Professor of Economics, and David Denoon, Professor of Politics and Economics and Director of the NYU Center on U.S.-China Relations.
Research Center Events

Economic Outlook Forum

On February 1, Professor Kim Schoenholtz moderated a discussion among three leading economists.
Faculty News

Professor Scott Galloway comments on the impact of President Trump's ties to the New England Patriots on their fan base

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Excerpt from The Boston Globe -- "'There’s a reason why teams have fish and [birds] on their helmets and not people,' said Scott Galloway, a professor of marketing at NYU’s Stern School of Business. 'It’s very dangerous for a team to associate itself with anyone but the most likable people in a public way. And politicians are almost always going to alienate at least half your base.'"
Faculty News

Professor Russell Winer weighs in on Budweiser's Super Bowl commercial

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Excerpt from the Los Angeles Times -- "'Trump's grandfather immigrated from Germany, so there's a double dose of irony,' said Russell S. Winer, a marketing professor at the New York University Leonard N. Stern School of Business. 'I think Americans will like the ad, as they don't think of immigrants from Europe the same way as immigrants from Africa or Muslim countries in the Middle East.'"
Faculty News

Dean Peter Henry comments on the White House's executive order on immigration

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Excerpt from Clear Admit -- "'As President Hamilton so eloquently stated, the order and its immediate impact have left many of us with heavy hearts and deep concerns for those who are directly or indirectly affected,' [Henry] wrote. 'As an immigrant who was welcomed to this country almost 40 years ago and proudly became a U.S. citizen, it is a particularly sobering time for me.'"
Faculty News

Research by Professor Jeanne Calderon and Scholar-in-Residence Gary Friedland on the EB-5 Immigrant Investor Program is featured

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Excerpt from CityLab -- "...as Friedland and Jeanne Calderon explain in a report for the Stern Center, in EB-5 deals, the developer often serves as both lender and borrower, setting terms for the loan it both generates and receives. 'The fraud uncovered to date spans all parts of the nation,' Friedland and Calderon write."
Faculty News

Professor Gavin Kilduff's research on athletic rivalry and performance is referenced

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Excerpt from US News & World Report -- "'Some people may find it surprising that runners actually pick one and another out [to try to beat] at these kind of races, but my experiences speaking with them suggests they indeed do,' said lead author Gavin Kilduff..."
Faculty News

Professor Gian Luca Clementi is interviewed about the impact a tariff on imports would have on the apparel industry

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Excerpt from Marketplace -- "Those are going to have a higher price, and that is going to put a dent on the wallet of American consumers and also on the bottom line of American companies."
School News

A Stern Signature Project focusing on urbanization in Ethiopia is featured; MBA-MFA student Ria Tobaccowala, MBA student Sarada Anne and Research Scholars Shlomo Angel and Patrick Lamson-Hall are quoted

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Excerpt from the Financial Times -- "Participation in the projects 'widens students’ perspective of humanity', says Shlomo 'Solly' Angel, a professor at NYU’s Marron Institute of Urban Planning. 'Projects like this have nothing to do with making money,' he says. 'They have to do with students getting acquainted with people who are so different from them in terms of culture, income and outlook.'"
Faculty News

Professor Arun Sundararajan comments on the growth of the sharing economy

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Excerpt from Motherboard -- "The way Eriksson has been living her life for the past year is a glimpse of how a growing number of us will be living in the future, according to Arun Sundararajan, New York University business professor and author of The Sharing Economy. ... 'We’re transitioning into an alternative of corporations and mass production,' Sundararajan says."
Faculty News

Professor Arun Sundararajan's book, "The Sharing Economy," is reviewed

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Excerpt from The Chronicle of Higher Education -- "No economy ever achieves an absolute separation of commerce and cooperation. Market traders have always needed some basis on which to trust one another, be that recommendation, regulation, or repeat interaction. In his new book, The Sharing Economy, Arun Sundararajan, a professor in New York University’s Stern School of Business, argues that the border between market exchange and social reciprocity is becoming more porous than ever."
Faculty News

Professor Jonathan Haidt's work on the conflict between globalism and nationalism is referenced

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Excerpt from The New York Times -- "Jonathan Haidt, a social psychologist at New York University, calls it the clash between globalists and nationalists. The globalists, who tend to be urban and college educated, want a world like the one described in John Lennon’s song 'Imagine' — no religion, walls or borders dividing people. The nationalists see that as a vision of hell. They want to defend their culture and emphasize the bonds of nationhood — flag, Constitution, patriotism. They also want to limit immigration, an instinct that globalists are often quick to condemn as racist."
 
Faculty News

Professor Thomas Cooley is interviewed about the proposed border adjustment tax plan

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Excerpt from USA Today -- "Thomas Cooley, an economics professor at New York University and former dean of the university's Leonard N. Stern School of Business, agreed, saying that a stronger dollar could cushion the fallout for retailers and other importers. Still, if the proposal goes into effect, 'there will be winners and losers,' he said, with companies that have U.S.-based factories faring far better than their counterparts that don't. 'In that sense,' Cooley said, the proposed tax change 'encourages domestic investment ... in the U.S.'"
Faculty News

Professor Jonathan Haidt's work on morality is highlighted

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Excerpt from Bloomberg View -- "As social psychologist Jonathan Haidt has argued for years, doing things in groups is really hard, and the larger the group, the harder it gets. Moral values like group loyalty -- an instinctive group loyalty, not some dry intellectual thing carefully reasoned from first principles and self-interest -- make it possible for us to do this very difficult thing."
School News

The work of Stern International Volunteers (SIV) in Ghana is spotlighted

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Excerpt from Citi 97.3 FM -- "The five-year project by the NYU Stern School of Business (SIV Ghana) and Adanu, is to among other things to improve education, potable water, health care and small scale businesses in the area. Waodze-Tsatoe community is one of the numerous communities deprived of basic social amenities in the Afadzato South District."
Faculty News

Professor Belen Villalonga shares insights on the profitability of family-run companies

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Excerpt from Fortune -- "Belen Villalonga of New York University has found that controlled companies have higher-than-average profitability."
Faculty News

Professor Adam Alter's forthcoming book, "Irresistible," is included on a list of creative leadership books

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Excerpt from Forbes -- "The new book from a professor of psychology and marketing at NYU Stern and the author of Drunk Tank Pink, the bestselling study of how environmental factors shape how we think and behave. Here, Alter tracks the rise of behavioral addiction – to social media, TV binge-watching, work and more – and explores how we can both set better boundaries and learn to use addictive products for good."