Experience Stern | News & Events

Excerpt from The Los Angeles Times -- "As former IBM chief scientist and former Sloan Foundation President Ralph Gomory and former American Economics Assn. President William Baumol noted in their groundbreaking book, 'Global Trade and Conflicting National Interests,' free trade is not always a win-win proposition. It can be win-win under some circumstances, but it can also be a losing proposition under other circumstances. For the United States, the latter has too often been the case."

Excerpt from TopMBA -- “One of the key MBA skills I gained was learning not to just focus on getting the right answer, but to be aware of how to get there. There are always several ways to solve a problem, but in real life there are several constraints, so knowing which path to take is critical. I think it has made a huge difference in my approach to solving problems. Now, when I look at the problem, I don’t just jump in; instead I take a step back and focus on figuring out the best approach to solve the problem."

Excerpt from Library Journal -- "According to research shared in the article “Be Seen As a Leader” by Adam Galinsky and Gavin Kilduff, there is a simple exercise you can practice to improve your presence and increase your leaderly attributes. The techniques are equally available to all of us, because they are completely detached from our physical appearance. In this case, it really is all in your mind."

Excerpt from The Atlantic -- "There’s no evidence that this is some innate animal response to the color pink; it is much more likely to be driven by social associations. 'When burly men are exposed to the color pink, they’re primed to think of the concepts that we associate with pinkness,' says Adam Alter, a professor of marketing and psychology at New York University, and author of the book Drunk Tank Pink: And Other Unexpected Forces That Shape Our Thoughts, Feelings, and Behaviors."

Excerpt from The New York Times -- “Rental housing is often the forgotten element of a lot of rhetoric about housing. Even in the president’s speech last night, it was about the American dream, which is supposedly home ownership, but surely if we have learned anything over these past five, eight years, it’s that home ownership is not for everybody.”

Excerpt from CCTV -- "'Once you see China transition to an innovation economy, this rebalancing that the Chinese government has talked about for the last year or two, you’re going to see real large increases in Chinese investment in the US and Europe. Going forward it’s going to be about building brands, building factories, linking up with US firms and getting technology, that’s going to transform China and lead to much more investment,' Joseph Foudy, economics professor from NYU Stern, said."

Excerpt from Fox Business -- "Prof. Lawrence White, economic professor at NYU’s Stern Business School, says the president's call for more employers to offer 401(k)s would help increase retirement readiness, but both plans lacked details. 'It’s the "how' we still need; will they get tax breaks, government matches? There are lots of good intentions, but we need to see more details.'”

Excerpt from The Washington Post -- "For 30-year-old Adam Teeter of Auburn, Ala., who will complete his business degree studies at Stern Business School in the spring, the competition was further research to help with his new start-up wine company, VinePair.com. Teammate Alex Reicherter, 30, of Westchester, N.Y., said he hopes to work in marketing for wine or spirits."

Excerpt from Slate -- "Brandon Fuller of NYU’s Stern Business School meanwhile suggests that rather than giving Detroit a share of existing EB-2 visas, as Snyder is suggesting, the federal government should make additional visas available for state-based programs."

Excerpt from Kentucky.com -- "Haidt writes that one way for conservatives and liberals to better understand each other is by focusing on the way they perceive and balance six basic moral concerns: care, liberty, fairness, loyalty, authority and sanctity."

Excerpt from The Wall Street Journal -- "Professor David Yermack of NYU’s Stern School found in a 2010 study that the first lady’s wardrobe choices could not only boost stock prices of associated companies, but, on average, a public appearance in a brand’s clothing was worth about $14 million."

Excerpt from Moneylife -- "'When there is rain, umbrellas become expensive. But when there is no rain, nobody cares about the umbrella and the prices are low. The case of Liquidity is similar', says Professor Yakov Amihud, Ira Rennert Professor of Entrepreneurial Finance at the Stern School of Business, New York University."

Excerpt from MeJudice -- "My concern is that the debt-fueled growth in China, especially of the last five years, is coming to, I wouldn't say a screeching halt, but it's coming to a significant slowdown."

Excerpt from Bloomberg TV -- "Amazon, right now, is the Tony Soprano of ecommerce. They're showing up and saying, 'Do you want protection for your brand? And if the answer is yes, you need to pay us one way or the other.' When L'Oreal starts advertising on Amazon, the Kiehl's product magically gets cleaned up and the pricing and the discounting goes away. But if you do not want to play with Amazon, then, like I said, the marketplace takes over, and it can get really ugly really fast."

Excerpt from Financial Times -- "There is 'no evidence' that copycat strategies based on 13F disclosed positions provide any benefit to long-term investors, according to a recent paper by Stephen Brown, a finance professor at New York University’s Stern School of Business, and Christopher Schwarz, an assistant professor of finance at the University of California."

Excerpt from Bloomberg -- “'There is strong evidence to suggest that when news becomes public about something wrong in a market, such as collusion, there is immediate and often permanent change in market outcomes,' said Abrantes-Metz, whose 2008 paper 'Libor Manipulation' helped spark a global probe of attempted rigging of interbank borrowing rates. 'What you are finding seems to be consistent with this evidence.'”

Excerpt from City Journal -- "Across the world, public safety is the most important task facing city governments. In many poor countries, crime holds back the kind of urbanization essential for economic development."

Excerpt from HuffPost Live -- "'What is not surprising is that when you make a big change in the way things are organized, there's a lot of bumps along the road until you find a new path,' Spence said."

Excerpt from CNBC -- "'I worry that this is going to be a gradual process and China is not going to rebalance fast enough, compared to what is desirable and optimal, and therefore the risk of a potential hard landing have not been totally, actually cleared yet,' he said."

Excerpt from The Wall Street Journal -- "Haidt reports on the following experiment: after determining whether someone is liberal or conservative, he then has each person answer the standard battery of questions as if he were the opposite ideology. So, he would ask a liberal to answer the questions as if he were a 'typical conservative' and vice-versa. What he finds is quite striking: 'The results were clear and consistent. Moderates and conservatives were most accurate in their predictions, whether they were pretending to be liberals or conservatives. Liberals were the least accurate, especially those who describe themselves as "very liberal." The biggest errors in the whole study came when liberals answered the Care and Fairness questions while pretending to be conservatives.'"

Excerpt from The Guardian -- "Regular commerce, too, used to be based on trust, notes Arun Sundararajan, a professor of information, operations and management sciences at New York University's Stern School of Business, who recently testified at the first hearing of the US Congress on the sharing economy. 'You traded with people within your group. Today, we're replicating that on scale in the sharing economy. Over time we've built up a commercial infrastructure of licenses and so on which, for example, makes staying in a hotel a small risk. We're still in the early stages of that kind of infrastructure being developed for the sharing economy.'"

Excerpt from The New Yorker -- "But, if wealth fostered happiness, it appeared to drain meaningfulness. Between ninety-five and a hundred per cent of the respondents from poverty-stricken Sierra Leone, Togo, Kyrgyzstan, Chad, and Ethiopia reported leading meaningful lives. Only two-thirds of the respondents in Japan, France, and Spain believed their lives had meaning."

Excerpt from CNBC -- "The most effective activities are those where people have to work interdependently and rely on each other in order to achieve the outcome, said Beth Bechky, a professor of management and organizations at the New York University Stern School of Business. One of her favorite exercises is to have teams build tents together blindfolded. It's a good task, she said, because they realize it's only possible to do this as a team, and they have to rely on each other in intimate ways."

Dstillery, the pioneer in audience targeting for brands, will host a half-day symposium dedicated to exploring the impact of the data science revolution on the digital advertising ecosystem. Co-host for the event is the NYU Stern Center for Business Analytics (CBA), a cutting edge research center at the forefront of data and analytical thinking. The second annual Advertising and Data Science Congress (ADS*CON) will feature leading thinkers in industry and academia addressing the dramatic impact of data science on advertising.

Excerpt from San Jose Mercury News -- "One expert isn't convinced Icahn has much of a chance. Shareholders, said Scott Galloway, professor of marketing at NYU Stern, don't revolt over 'financial engineering.' Apple reports earnings Monday and Cook may address Icahn's proposal."