Experience Stern | News & Events

Excerpt from WalletHub --"People who pay cash instead of using a credit card are missing out on the increasing benefits card issuers are doing out, such as 'cash back' and frequent flyer miles."

Excerpt from UPI-- "'The two things that really made it unique were the lack of any product demonstration, discussion of product features and what it could do, just the MacIntosh is coming and "1984 won't be like 1984" and the execution itself which was pretty revolutionary,' Winer told UPI. 'That was all brand new for the Super Bowl, which historically had never seen advertising with a combination of those two kinds of features.'"

Excerpt from SciDev.Net -- "Lawrence White, an economics professor at the Leonard N. Stern School of Business, New York University, calls this work 'another sophisticated, well-researched article in a long line of research that stretches back over five decades, showing the adverse consequences of ambient air pollution —- in this case fine particulates.'"

Excerpt from Mingtiandi -- "'High housing prices misallocate resources toward real estate at the expense of the rest of the economy,' Bertaud pointed out. 'This misallocation could eventually significantly slow down economic growth and causes a housing bubble to burst, freezing investments in the entire economy. Japan, has not yet completely recovered from its asset bubble created in the 1980s.'"

Excerpt from ORF -- (translated from German using Google Translate) "Petra Moser, together with her team at New York University, is exploring what this de-facto abolition of copyright means for the distribution and use of books - and for science in general."

Excerpt from ASQ Blog -- "And I think it proved itself in the end, that I was able to see specifically in the study which labs, which R&D professionals of those labs were adopting open innovation or not. That was not something that was easy to see even for the managers, initially, because they were doing so much of talking and kind of talking the talk but not walking the walk. And I was able to see both the talk and the walk because I was in the labs. So that made a big difference."

Excerpt from Journal Sentinel -- "'Distributive bargaining is win-lose,' Freeman said in a recent interview, while making clear he was speaking generally and without political messaging. 'It’s hard bargaining, haggling, the perception that a negotiation is a zero-sum game, that the more I get, the less you get.'"

Excerpt from Chicago Booth Review -- "Giving some consumers a clean credit slate doesn’t necessarily lead to more loans overall, research suggests. And wiping the slates for some consumers can hurt others, find New York University’s Andres Liberman, Princeton’s Christopher Neilson, the Chilean Banking Association’s Luis Opazo, and Chicago Booth’s Seth Zimmerman."

Excerpt from Daily Mail-- "Aswath Damodaran, NYU Professor of Finance, [sharing] his thoughts on the last 10 years of Bitcoin... said rather succinctly, ‘The hype got ahead of the actual substance. It will end up being is just another fad like Beanie Babies and Pokemon.’"

Excerpt from NBC News -- "'Running out of space? [Check] your downloads folder,' says Navin Manglani, professor, Information Systems at NYU Stern. 'Many times, we think a program or other file may not have downloaded properly and may download multiple copies. Or we may not even need the dmg or exe file after we have installed the program. These programs can eat up a significant amount of space on your hard drive in your downloads folder.'"

Excerpt from CBS News -- "'It presented Facebook with a terrified opportunity to learn, to train their systems to better recognize small changes' in users' appearances, she told CBS News."

Excerpt from Retail Dive -- "The flagship store here on 34th Street, frankly I think it's a mess. The workers are not particularly customer focused. They need what we call rebranding, but broader than 'we need a new logo.' Do some research into what are the associations in people's minds, what are the perceptions. 'Who's our target audience?' and 'Can you bring back that magic feeling outside of the holidays?'"

Excerpt from Bloomberg -- "Fintech companies tend to chase product growth above all else, as is common with many venture-backed businesses. But finance is one of the most heavily regulated parts of the economy, which leaves less room for creative interpretations of the rules -- and a career opportunity for legal and compliance experts, said David Yermack, a finance professor at New York University’s Stern School of Business. 'This should be a bonanza for lawyers for some time to come.'"

Excerpt from Today -- "He also pointed out that the company sold the playgroup portion of its business, which may have been a bad idea. 'Gymboree used to be connected to an experience,' he said, 'but when they separated the two businesses, what was left was not very distinctive.'"

Excerpt from the Financial Times -- "The economist Paul Romer, who won a 2018 Nobel Prize for research into how technological change can be transformative, recently described his concerns over policies that impede the free flow of new knowledge and insights. He believes they are especially detrimental to nations that run the danger of being left behind."

Excerpt from The Atlantic -- "'Commercial life is so much a part of the cultural landscape, compared to 20 to 30 years ago,' she says. 'Given that fact, and given that Millennials are looking for meaning, if you put the two together, I think that’s why we’re seeing [these ads].'"

Excerpt from The Wall Street Journal -- "Several studies from corporate-finance scholars Edward Altman of NYU and Edith Hotchkiss of Boston College have found that the average expense for a major corporate bankruptcy fell between 1.4% and 3.4% of a company’s overall asset worth, the report said."

Excerpt from Elite Daily -- "Professor Alixandra Barasch at the NYU Stern School of Business and Professor Jonah Berger at The Wharton School at the University of Pennsylvania found that candid photos are the most well-liked when it comes to both dating apps and social media. They chronicled their findings in a paper called 'A Candid Advantage? The Social Benefits of Candid Photos' that was recently published in Social Psychological & Personality Science."

Excerpt from NBC News -- "'If we look at the past, a lot of the growth of the gig economy about 10 years ago was a consequence of weak job numbers and the recession,' Sundararajan said. 'So I think it’s well accepted that during times of economic downturn, whether it’s nationwide or within a particular sector, people do turn at increasing rates to the gig economy to try and make ends meet.'"

Excerpt from WIRED -- "Though some people have made hay on Twitter about never using Gillette again, Assael says buying habits, particularly with something as habitual as a razor, are hard to break. He estimates most people don’t really follow through with their threats to abandon a brand over controversies like this."

Excerpt from CNBC -- "The upcoming national elections, scheduled to take place in May, are another wildcard. If a new government were to come to power, the regulatory changes could get overturned, taking things back to how things were before, according to NYU's Ghose. 'They will wait to see how the elections unfold and then make a call,' he said."

Excerpt from Data Able Podcast -- "We use [data visualization] as one way to explore our data and we use it to help us make decisions. It's just so important as a way, in this data rich world, to be able to communicate with folks who aren't working with the same data set you're working with, and to communicate in a simple way that's meant for someone to take action, or to showcase a result, or maybe make a decision."

Excerpt from Esquire -- "According to Gustavo Schwed, a professor of management practice at New York University’s Leonard N. Stern School of Business, investments in the aerospace sector have been par for the course with the Carlyle Group for years. 'They were investing in aerospace when the industry was not yet popular with other private equity firms,' he tells Esquire, explaining that, historically, private equity has been hesitant to do business in aerospace and defense because of something called 'customer concentration risk.'"

Excerpt from The Wall Street Journal -- "A carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary. By correcting a well-known market failure, a carbon tax will send a powerful price signal that harnesses the invisible hand of the marketplace to steer economic actors towards a low-carbon future."

Excerpt from Bloomberg -- "We talk a lot around here about the theory that common ownership of multiple firms in the same industry by diversified institutional shareholders reduces those firms’ incentives to compete with each other. Here is another paper about how, 'When competing firms possess overlapping sets of investors, maximizing shareholder value may provide incentives that distort competitive behavior, affecting pricing, entry, contracting, and virtually all strategic interactions among firms.'"