Faculty News

Professor Jonathan Haidt's work on viewpoint diversity is featured

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "Jonathan Haidt and Sean Stevens wrote in a pair of posts on the site in mid-March that concern is warranted and that attention should be paid to the younger generation of college students because of their changing attitude toward free speech on campuses. Haidt, who is a professor in the school of business at New York University, told The Chronicle on Monday that those who deny there has been a major shift in students’ attitudes have made a good contribution to the debate."
Faculty News

Professor Nicholas Economides argues that a merger between Sprint and T-Mobile would mean higher prices for consumers

CNBC logo
Excerpt from CNBC -- "I think the market got it right, that the deal is unlikely to be done. The deal is very likely to increase prices for all consumers and it's very likely that the Department of Justice is going to try to intervene and stop the deal. It's very hard to go from four companies to three companies without prices increasing."
School News

NYU Stern Announces Preliminary Class Profiles for its New One-Year Andre Koo Tech MBA and the Fashion & Luxury MBA

NYU flags outside of the Henry Kaufman Management Center
Today, NYU Stern posted its preliminary inaugural class profiles for its new one-year MBA programs: The Andre Koo Technology & Entrepreneurship MBA and the Fashion & Luxury MBA. 
Faculty News

Professor Michael Spence discusses the role public and private sectors need to play in helping people prepare for workforce changes

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Excerpt from McKinsey Global Institute -- "The other piece that I don’t think gets talked about enough is that the business side of this is really important. You can’t do this effectively—this is my judgment—if business thinks labor is just another input where the goal is to minimize costs, and you get rid of it when you can. That’s not the way it works in the societies and the economies that seem to be succeeding most with this."
Faculty News

Professor Anindya Ghose is interviewed about Flipkart's partnership with Walmart

The Economic Times logo
Excerpt from the Economic Times -- "'To anyone who was looking for a pure Indian ecommerce success story, this deal will be seen as a disappointment,' says Anindya Ghose, a professor at New York University. 'It indicates yet another failure of a primarily homegrown Indian firm (Flipkart, for all its foreign investors, is an Indian firm) to take on an MNC Amazon) and compete credibly without having to partner with another MNC (Walmart).'"
Faculty News

Professor Baruch Lev's joint research on the importance of intangible assets in earnings reports is featured

Excerpt from the New Zealand Herald -- "Gu and Lev write: 'we assert that a shift of focus for security analysis and valuation is called for — from the prediction of earnings or related accounting measures to a comprehensive evaluation of an enterprise's competitive advantage through a careful consideration of its operating strategic assets and their deployment'."
Faculty News

Professor Thomaï Serdari shares insights on partnerships between real estate developers and fashion brands

Mansion Global logo 192 x 144
Excerpt from Mansion Global -- "By teaming up with developers, fashion companies find an opportunity to expand beyond their own volatile industry, according to Ms. Serdari. 'All fashion companies have exactly the same problem—it is hard to keep up as culture changes,' she said. 'Fashion brands need to find a way to get out of that predicament.'"
Faculty News

Professor Adam Alter shares insights on how programmers design addictive digital feedback loops, from his book, "Irresistible"

PC Magazine logo 192 x 144
Excerpt from PCMag -- "Let's say you're wondering whether a quest is more engaging if you're trying to save someone versus trying to find an artifact. So you run an A/B test releasing version A to five million people and version B to five million people. You measure different metrics, like how many people return to the mission more than once and how long they spend. If you discover version A works better, you go with the red code and put aside the yellow. And you keep doing that until you have the tenth, twentieth, or thirtieth generation of a game."
Faculty News

Professor Alixandra Barasch explains the growth of negativity bias in online customer reviews

Forbes logo
Excerpt from Forbes -- "When consumers write reviews directly from their phones, they tend to be more emotional, as well as more negative. Part of this is because mobile reviews are more likely to be written during or soon after the experience, when consumers are still feeling strongly about it – for example, an angry consumer will write more harshly about a bad restaurant experience from their cell phone right after the meal ends, than they will later from their desktop, once they’ve had some time to calm down."
Faculty News

Professor Melissa Schilling shares how parents can foster creativity and innovation in their children, referencing her book, "Quirky"

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Excerpt from CNBC -- "Building environments where creativity can be nurtured is key to sparking your child's imagination, Schilling notes. 'That means instead of scheduling the heck out of your kids, you want to make sure they have downtime — and make sure it's not in front of a screen,' she says. 'That way, they can create their own cognitive paths of association in their minds that are unconstrained by what other people think.'"
Faculty News

Professor Arun Sundararajan is interviewed about how sharing economy platforms can harness new power structures to grow their businesses

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Excerpt from Entrepreneur -- "Traditional power used to be largely restricted to companies with extensive funding or scale. Now it’s possible to harness the same power collectively through a distributed network of consumers, says Arun Sundararajan, professor of business at New York University and author of The Sharing Economy."
 
Faculty News

Professor Ari Ginsberg discusses the increased number of job seekers choosing to become entrepreneurs

MarketWatch logo
Excerpt from MarketWatch -- "These workers may have struggled through the Great Recession and now want to be less dependent on a corporation, and finally have the means to go into business independently, said Ari Ginsberg, a professor of entrepreneurship and management at New York University’s Stern School of Business."
Faculty News

In an in-depth interview, Professor Robert Seamans shares insights on data privacy protection

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Excerpt from Forbes -- "For the most part, people understand they are giving up their privacy in exchange for access to a social network. But most of us don’t realize the number of different ways in which our information gets used, traded, and combined once we give it up."
Faculty News

Professor Anindya Ghose comments on the growth of online grocery retailers in India

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Excerpt from Knowledge@Wharton -- "Online grocery typically attracts the most profitable customers: dual-income households, customers who prioritize convenience over price, and customers with high lifetime value. These are the kinds of customers e-commerce retailers should care about."
Faculty News

Professor Thomaï Serdari explains why many luxury brands maintain and display archives

Luxury Daily logo
Excerpt from Luxury Daily -- "We often see elaborate displays of the most important patrons of the brand in association with a specific product that they particularly cherished. This helps create social and historical context for the content of the brand's collections, but most importantly, it humanizes the brand in the eyes of the viewer. The narrative shifts from placing emphasis on product to the impact that this branded product has had in someone's life and the emotional bond between that person and the brand."
Faculty News

Professor Robert Salomon shares his views on trade tensions between the US and China

Fox Business logo
Excerpt from Fox Business -- "What China has done is it's starting to attack the United States where it hurts. This is the first shot across the bow. They are attacking agricultural products and we ship a lot of agricultural products to China. We announced last month that we, the Trump administration said it would put tariffs on about 60 billion dollars of Chinese goods, this is China's response."
School News

The launch of NYU Shanghai and Stern's joint one-year MS programs in data analytics & business computing and quantitative finance is featured

Shine China logo 192 x 144
Excerpt from Shine -- "New York University Shanghai and New York University's Stern School of Business jointly launched two new one-year master of science programs in data analytics and business computing, and quantitative finance. The programs aim to prepare new and recent college graduates for their careers in the rapidly evolving marketplaces of analytics and finance in China and Asia."
Research Center Events

Spring Symposium 2018: Infrastructure & Real Estate

NYU flags outside of the Henry Kaufman Management Center
On April 25, NYU Stern’s Center for Real Estate Finance Research and the Infrastructure Finance Initiative will co-host a joint conference entitled, “The Infrastructure & Real Estate Nexus: Three Case Studies.”
School News

Professor Michael Posner is interviewed about worker safety in Bangladesh's garment factories; the Center for Business and Human Rights' research marking the fifth anniversary of the Rana Plaza factory collapse is featured

CNBC logo
Excerpt from CNBC -- "In a report marking the fifth anniversary of the disaster, international firms and government organizations were warned that they must take 'shared responsibility' to improve the lives of those working in supply chains. 'Those who benefit from the Bangladeshi garment industry's low-cost, high-volume model, also have an obligation to do more,' said Michael Posner, professor of ethics and finance at New York University's Stern School of Business."
Faculty News

Professor Scott Galloway explains why both Facebook and Google should be subject to data privacy regulation

CNBC logo
Excerpt CNBC -- "Thanks to Zuckerberg's missteps, Google has managed to stay on the sidelines of the regulation conversation. But Galloway said Google is equally as 'scary' as Facebook from a privacy perspective. 'Google got very lucky. We'll see if it lasts, because they have just as much data, they are just as scary, their platforms are weaponized, too,' Galloway said."
School News

Center for Business and Human Rights deputy director Paul Barrett is interviewed about his co-authored research on factory worker safety in Bangladesh after the collapse in Rana Plaza

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Excerpt from The New York Times -- "'We have found tremendous improvement in the larger factories' involved in the safety programs, Paul Barrett, deputy director of the center, said in an email. 'But two other categories — factories overseen by the government and subcontracting facilities not overseen by anyone — remain at risk.'"
Press Releases

NYU Shanghai and NYU Stern to Jointly Offer One-Year Master of Science Programs for College Graduates in Data Analytics & Business Computing and Quantitative Finance

Group at NYU Shanghai and NYU Stern event
NYU Shanghai and the NYU Stern School of Business are partnering to deliver two new one-year Master of Science programs to prepare new and recent college graduates for successful careers in the rapidly evolving marketplaces of analytics and finance in China and Asia.
School News

In an op-ed, Center for Business and Human Rights deputy director Paul Barrett highlights the improvements that still need to be made in Bangladesh to improve worker safety after the collapse of Rana Plaza

Reuters logo
Excerpt from Reuters -- "...the mission of making factories safe in Bangladesh isn’t even close to done. The Accord and Alliance will not continue indefinitely. The Alliance plans to wrap up its work by the end of 2018. The Accord will renew its mandate every six months, but only through mid-2021. At some point, the factories that the two initiatives have overseen will return to the supervision of the Bangladeshi government, which is notorious for having ignored death traps like Rana Plaza and Tazreen Fashions, where a November 2012 fire killed 112."
Faculty News

Professor Nicholas Economides shares his views on rising interest rates

i24News logo 192 x 144
Excerpt from i24 -- "I think that is what Trump actually wants, he doesn't want the collective agreements but he wants the individual agreements so he wants individual agreements for the United States and the rest of the world and various countries are also trying to make individual agreements with each other. In this game of individual agreements, the large players are more likely to win and the large players are the United States, China, and some countries in the European Union."