Faculty News

In a live interview, Professor Petra Moser discusses her research on copyright law and innovation

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Excerpt from Freakonomics Radio -- "Having basic copyright protection is important for two reasons. The first one is that it gives people an incentive to produce better work, but then the other one is if you actually make art something that people can make money off, you also change the type of person who can become an artist."
Faculty News

Professor Lawrence White shares insights on Charter Spectrum's negotiations with the New York State Public Service Commission

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Excerpt from City and State NY-- "Achieving a better-specified expansion of service does appear to be the best outcome. It is unrealistic to expect another company to take over Charter's operations. That is the 'nuclear option.' Any serious effort by the PSC to try to make this happen would lead to years of litigation."
Faculty News

In a podcast interview, Professor Haran Segram comments on Lyft's valuation

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Excerpt from Zacks Investment Research Podcast -- "I think Lyft should be treated as a platform company... I tend to use enterprise value to revenue to value these companies. Enterprise value is market value of equity plus market value of debt minus cash. ... When you think about platform companies such as Facebook, Airbnb, Uber or Lyft, they tend to trade between 7 and 10x of the revenues."
Faculty News

In a podcast interview, Professor Dolly Chugh shares her views on combating unconscious bias, from her book, "The Person You Mean to Be"

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Excerpt from 10% Happier Podcast -- (14:50) "The problem is, the definition a lot of us are using for good person, and this is why it's such a tight corner, is binary. It's you're a good person or you're not; you're racist or you're not; you're sexist or not, and there's no room for growth, there's no room for mistakes. What I'm trying to offer is a different way of thinking about our identities, which is being a good-ish person."
Faculty News

In a podcast interview, Professor Haran Segram explains how he calculates Lyft's valuation

Bloomberg logo
Excerpt from Bloomberg -- (7:30) "Investors are paying for the future rather than for the current state of affairs for this company."
Business and Policy Leader Events

Author Lecture Series: Paul Daugherty and Arun Sundararajan

Paul Daugherty, book cover of "Human + Machine" and Arun Sundararajan
On March 27, Paul Daugherty, chief technology & innovation officer, Accenture, will discuss his new book, Human + Machine: Reimagining Work in the Age of AI, with Professor Arun Sundararajan.
Faculty News

Professor Hans Taparia is interviewed about McDonald's plans to implement artificial intelligence

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Excerpt from Crunchbase News -- "'This is not signifying product innovation,' he told Crunchbase News, saying that the company is looking for tools to increase sales, but not change health of the offerings."
Faculty News

In a contributed article, Professor Allen Adamson discusses why he believes Apple's shift from hardware to the entertainment business will be successful

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Excerpt from Forbes -- "[Apple] is, by nature, an intensely creatively-driven organization. Often, when companies try to shift ahead, no matter how good the new strategy might be, they don’t have the right DNA to nurture it and make it work. Apple thrives on creative enterprise. This not only differentiates it within the technology space, but gives it an incredible launching pad to enable it to succeed in the category of content creation."
Faculty News

Professor Guthrie Collin highlights the value of Anheuser-Busch InBev's acquisition of RateBeer

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Excerpt from VinePair -- "'Both acquisitions provide the acquirers with data generated by passionate, influential ‘heavy user’ communities dedicated to providing unbiased and crowd-sourced reviews and commentary on the acquirer’s key segment,' Collin writes VinePair."
Faculty News

Professor Edward Altman is quoted in an article on the next economic crisis

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Excerpt from Business Insider -- "'Impact of the crisis will depend on the level of debt. Debt levels in US are twice as much as it was just before 2008 crisis. Default rate when it rises it will rise against a lot more debt than ever before,' Altman told Business Insider in an interview in February."
Faculty News

In an in-depth interview, Professor Arun Sundararajan shares his views on the gig economy and the future of work

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Excerpt from NPR -- "All of this means, Sundararajan says, 'we're going to see full-time employment remain resilient, even though there are more efficient ways of organizing economic activity.' He believes work done through gig platforms can be more efficient than work done in a traditional company — and that will spell the company's doom."
School News

Stern's Social Impact Core course offerings for undergraduate students are featured

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Excerpt from BizEd Magazine -- "Students at New York University’s Stern School of Business can take up to half of their courses in the College of Arts & Science. Their liberal arts study reinforces what they learn in a set of required bigger-picture courses called the Social Impact Core. In this program, students are steeped in the issues of ethics, social responsibility, and environmental concerns."
Faculty News

In a contributed article, Professor Dolly Chugh explains why she recommends the book "Biased" by Jennifer Eberhardt

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Excerpt from Forbes-- "With its unique perspective, compelling science and beautiful writing, the book will make you think about the news, your neighborhood, your workplace and yourself with fresh eyes. Eberhardt is a masterful writer and teacher, who somehow walks the tightrope of being both scientific and personal in her work."
Faculty News

Professor Scott Galloway is quoted in a story on the shift in the relationship between the tech and fashion industries

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Excerpt from The New York Times -- "Mr. Galloway of N.Y.U. said the conclusion was simple: 'There was only one wearable that was really a fashion statement, and that was your phone.'"
School News

Stern's international academic program opportunities for MBA students are featured

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Excerpt from U.S. News & World Report -- "MBAs in Stern’s traditional two-year program can also opt for one- or two-week 'Doing Business in' offerings held in about a dozen countries, including Australia, Israel and South Africa. They talk to academics, make company visits and have cultural experiences. Many students also partner with faculty and go abroad to help solve a real-world business problem through Stern Solutions' experiential learning projects."
Faculty News

In a contributed article, Professor Anika Sharma examines the importance of Bing for search engine marketers

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Excerpt from Ad Age India -- "Therefore, when it comes to a brand’s search strategy it is very very important to understand intent and the kind of audience one is trying to reach. Just like, for a brand, Pinterest might make more sense versus Instagram; similarly there will be times when Bing will be able to deliver better results than Google. It is, therefore, important to look at the similarities as well as the differences that each search engine brings to the table to enrich a brand’s search strategy."
Research Center Events

Executive Education Short Course: FinTech For Executives: Understanding and Managing Innovation in Financial Technology

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Taught by industry and academic leaders David Yermack and Kathleen DeRose, this course equips participants with an understanding of key FinTech concepts, strategies and implications.
Faculty News

In a Q&A interview, Professor Luís Cabral shares his views on Portugal's economy and potential tax reform

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Excerpt from Dinheiro Vivo -- (translated from Portuguese using Google Translate) "I propose that we have an income distribution system that is less connected to the work activity and more linked to guaranteeing a universal minimum income and then a form of progressive taxation that allows to finance such a system."
Faculty News

Professor Michael Spence's remarks at the China Development Forum are highlighted

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Excerpt from CGTN -- "'I am not sure why there are any controversies, since all of the European countries have important relationships with China, because China is an important economy, an important trading partner and investment partner,' said Spence on the sideline of the China Development Forum held this weekend."
School News

Undergraduate student Andres Gomez-Perry is named to the Poets & Quants 2019 "Best & Brightest" list

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Excerpt from Poets & Quants -- "During my high school career, I was more inclined to study political science or international studies. However, Stern’s Business and Political Economy program offered me the opportunity to study in three global capitals—New York, London, and Shanghai—which mirrored my interests. Since then, I have been able to examine the areas’ developmental stories and business environments."
Faculty News

Professor Lawrence White offers advice on how to calculate the cost of living in a story on the Economist Intelligence Unit's ranking of most expensive cities

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Excerpt from BBC Capital -- "'There’s no easy answer,' says Lawrence White, economics professor at New York University. 'You’ve really got to do your research: where would I want to live in that city? How important is it to be close to public transportation? Is there a sales tax? Does the sales tax apply to everything? Is food taxed or is exempted? Is clothing taxed?'"
Faculty News

Professor Hans Taparia is interviewed about how fast food restaurants encourage their customers to spend money

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Excerpt from Business Insider -- "Food pictures... They light up the brain, particularly when you're hungry. Large food pictures, for a food company, are key."
School News

Undergraduate student Parbs Anant is named to the Poets & Quants 2019 "Best & Brightest" list

Poets and Quants logo
Excerpt from Poets & Quants -- "The Social Impact Core at Stern has dispelled the myth that you can’t do good for society and also be financially healthy. I have gotten exposure to the different ways that I can be a strong business leader who also does well for her community."
Faculty News

Professor Luís Cabral's joint research on the relationship between relative performance evaluation and firm investment decisions is highlighted

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Exceprt from the Harvard Law blog -- "The SEC, the NYSE, and the U.S. government, accompanied by the actions of consultants, such as the Institutional Shareholder Services, recently have pushed to create, by means of relative performance evaluation (RPE), a tighter link between CEO pay and the factors under CEO control. This paper addresses the consequences of RPE for firm investment decisions and systemic risk in an industry model."
Faculty News

Professors Alexi Savov and Philipp Schnabl's joint research on monetary policy and the housing boom is cited

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Excerpt from Brookings Institute blog -- "Itamar Drechsler of the University of Pennsylvania and Philipp Schnabl and Alexi Savov of New York University say instead that the Fed’s tightening between 2003 and 2006 shifted mortgage lending from the heavily regulated commercial banks to nonbank mortgage originators, which had lower lending standards."