Faculty News

Prof. Edward Altman's Z-score app is featured

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Excerpt from MarketWatch -- "Altman expanded his Z-score to a family of formulas to expand its application beyond publicly held manufacturing companies. Z-score, Z-prime and z-double prime can be used for public and private companies for manufacturing and non-manufacturing. Now it is more available and easier to use than ever."
Faculty News

Prof. Joel Hasbrouck will participate in a US government high-frequency trading panel

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Excerpt from Financial Times -- "Two influential academics were also included, both of whom have argued in favour of speed trading. ... Joel Hasbrouck of the New York University Stern School of Business co-authored a paper finding that high-speed trading 'improves traditional market quality measures.'"
Faculty News

An op-ed by Prof. Ralph Gomory on how citizens can make corporate actions more visible

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Excerpt from The Huffington Post -- "This article suggests something citizens can do to spur these needed discussions and to make visible what corporations are actually doing and the effects of their actions."
School News

Stern's Berkley Center for Entrepreneurship & Innovation is highlighted

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Excerpt from WNYC -- "Several new city-wide initiatives geared to boost the media and entertainment industry in New York were also announced at the ribbon cutting, including ... the expansion of the city's Small Business Services partnership with NYU’s Stern School of Business Berkeley Center for Entrepreneurship and Innovation to offer classes specifically for media business entrepreneurs."
Faculty News

Prof. Vicki Morwitz on alternative ways to keep track of your cell phone

Excerpt from SmartMoney blog -- "'You can teach yourself to be more mindful,' [Morwitz] says. 'After losing my favorite hat in a taxi, I now mindfully check the taxi seat every time after I get up and before I close the door.'"
Faculty News

Prof. Viral Acharya's co-authored research on the repo market is cited

Excerpt from Bloomberg Business -- "Viral Acharya and T. Sabri Oncu of New York University’s Stern School of Business detail the risks in the repo market."
Faculty News

Prof. Jonathan Haidt's book, "The Righteous Mind," is reviewed

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Excerpt from The New York Times -- "In 'The ­Righteous Mind,' Haidt seeks to enrich liberalism, and political discourse generally, with a deeper awareness of human nature. Like other psychologists who have ventured into political coaching, such as George Lakoff and Drew Westen, Haidt argues that people are fundamentally intuitive, not rational."
Press Releases

NYU Stern’s Center for Measurable Marketing (CMM) Releases Study on Conversational ROI™

Researchers at NYU Stern's Center for Measurable Marketing (CMM) announced today that M&M'S ranked highest among Super Bowl XLVI advertisers in generating Conversational ROI™. The confectioner generated the highest initial levels of online engagement in CMM's in-depth analysis of online buzz, finishing second only to Doritos in terms of continued conversation.
Faculty News

Prof. Rosa Abrantes-Metz on an investigation of the handling of LIBOR

Excerpt from Le Temps -- "'It's hard to believe that eighteen banks have had interest, exactly the same time, to see the Libor decrease or increase,' says Rosa Abrantes-Metz. ... 'In terms of investment and risk reduction, it is a huge advantage to know in advance which way the rates evolve the next day (French to English translation).'"  Additional coverage appeared in La Tribune and MLex Magazine.
Faculty News

Prof. Scott Galloway's digital IQ ranking of hotels is featured

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Excerpt from Reuters -- "'The number one score [on L2 Think Tank's Digital IQ Index: Hotels report] by Four Seasons reflects the brand's robust presence on social media platforms coupled with what we believe is the best website in the industry,' said Scott Galloway, L2 founder."
Faculty News

Research Scholar Robert Frank on the effects of income inequality

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Excerpt from Reuters -- "'There has been extraordinary growth in the 1 percent,' Frank said. 'Ordinary people don’t want to emulate them, but what happens is that the people who are next to them want to emulate them, and so on. That social cascade ultimately explains why the middle-class home got 50 percent bigger in the past three decades.'"
Faculty News

Prof. Sam Craig on marketing efforts for "The Hunger Games"

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Excerpt from Reuters -- "You've got trailers for the web, you've got games for the iPhone, you've got Twitter, you've got Facebook and they did one clever thing: they had a contest, they invited some fans to the set to get them involved so these kids are really honored to be there and they want to tell everyone else."
School News

MBA student Brian Shimmerlik’s TaxiTreats venture is featured for winning NYC Next Idea competition

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Excerpt from New York Post -- "A plan to put vending machines — selling energy drinks, snack bars, breath mints, gum and even pain relievers — inside yellow cabs won rave reviews yesterday at a city-sponsored contest for new business ideas."
Business and Policy Leader Events

The Economist’s Vijay Vaitheeswaran & Professor Paul Romer Discuss Global Innovation

More than 80 students, faculty and alumni gathered for a fireside chat about global innovation with Vijay Vaitheeswaran, award-winning global correspondent for The Economist and author of Need, Speed and Greed (Harper Collins, Mar '12), and Professor Paul Romer, director of NYU Stern’s Urbanization Project.
Faculty News

An op-ed by Prof. Joel Rubinson on rethinking brand marketing

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Excerpt from Fast Company -- "When you market from the other end of the funnel, everything is flipped in what Procter and Gamble calls “store back” marketing. The brand narrative, brand values, social media engagement, even TV commercial impact come AFTER the purchase, so they solidify rather than precondition the brand-customer relationship. In this model, shopper marketing cues must be mastered as the main trial generator."
Press Releases

High-Status Individuals View the World Through Rose-Colored Glasses

“Believing is seeing” for people with high status, and because they expect the world to respond favorably to them, they perceive that it does, say NYU Stern Assistant Professor of Management Nathan Pettit and his co-author Nino Sivanathan of London Business School in “The Eyes and Ears of Status: How Status Colors Perceptual Judgment” (to be published in the May issue of the Personality and Social Psychology Journal).
Faculty News

Prof. Edward Melnick's research on the correlation between US production and gas prices is cited

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Excerpt from The Huffington Post -- "'When US production goes up, the price of gas 'is certainly not going down,' Melnick said. 'The data does not suggest that whatsoever.'"
Faculty News

Prof. Nathan Pettit's research on status is featured

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Excerpt from The Wall Street Journal -- "The findings show there is a strong psychological reward for those who perceive themselves to be of higher status, says Nathan Pettit, the study's lead author."
Faculty News

An op-ed by Nobel Laureate Prof. Michael Spence on gas prices and politics

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Excerpt from Project Syndicate -- "When prices go up, a president’s poll ratings go down. But, in view of America’s long history of neglect of energy security and resilience, the notion that Barack Obama’s administration is responsible for rising gas prices makes little sense."
Faculty News

An op-ed by Nobel Laureate Prof Thomas Sargent & Prof William Silber on the Fed

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Excerpt from Financial Times -- "Public pressures – as well as confrontations with presidents and Congress – to avoid high interest rates have derailed the Fed’s best intentions throughout history."
Faculty News

Prof. Hal Hershfield's research on saving for retirement is featured

Excerpt from MSN Money Frugal Cool blog -- "'We'd rather have something now than wait for (the reward) to be bigger in the future. The future exists in a vague and murky way,' notes Hershfield, an assistant professor of marketing."
Faculty News

A co-authored article by Prof. Paul Romer on financial fraud is cited

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Excerpt from The Huffington Post -- "George Akerlof, Nobel Laureate in Economics (2001), and Paul Romer wrote the definitive economics article on financial fraud in 1993 ('Looting: the Economic Underworld of Bankruptcy for Profit')."
Faculty News

Prof. Roy Smith sees new opportunities for boutique financial firms

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Excerpt from The New York Times DealBook blog -- "'The industry is suffering from a reputation problem,' said Roy Smith, a professor at the Leonard N. Stern School of Business at New York University. 'This creates an opportunity for boutiques.'"
School News

Prof. Matt Statler's course on professional responsibility and leadership is highlighted

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Excerpt from The Chronicle of Higher Education -- "Matt Statler, a clinical assistant professor of management and organizations at New York University's Leonard N. Stern School of Business, led attendees through a shortened exercise distilled from a required course for seniors in professional responsibility and leadership. It is in this course, of all places, where students confront Cicero's arguments about virtue and expedience."