Faculty News

Professor Amy Webb's comments on AI at the World Economic Forum Annual Meeting in Davos are referenced

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Excerpt from DNA India -- "New York University (NYU) School of Business Professor Amy Webb said there is misplaced optimism as well as fear around AI. 'The key issue for us all to bear in mind is there are nine companies that control the future of AI. We ought to be paying attention to them,' she said."
Faculty News

Professor Michael North's work on ageism in the workplace is referenced in an article on how to lead multi-generational teams

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Excerpt from Inc. -- "Yet Michael S. North, assistant professor of management and organizations at NYU's Stern School of Business, points out several persistent myths that generations often believe about others, especially at work. In a real-world, functional team setting, younger workers don't actually outperform older ones, and older workers aren't really slow to learn new methods and new technologies."
Faculty News

Professor Peter Newman is quoted in a story on the cost of streaming services

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Excerpt from The Wrap -- "'There’s always the threat that once they hook you, they’ll raise the prices later,' NYU business professor Peter Newman says."
Faculty News

Professor Joseph Foudy weighs in on Chinese Vice President Wang Qishan's remarks at the World Economic Forum Annual Meeting in Davos and how the US-China trade relationship impacts the global economy

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Excerpt from CGTN -- "What's important to understand is that China is at an inflection point... the real question, though, moving forward is what's going to be the political will to reform internally, because it's going to be a long process, particularly looking at the SOE sector."
Faculty News

Professor Scott Galloway explains why more companies are adopting socially-conscious messaging in a story about Gillette's "We Believe" campaign

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Excerpt from CNN -- "'The "woke' business strategy will be big theme in 2019, as that's where the money is,' Scott Galloway, founder of the business research firm Gartner L2 and a professor of marketing at New York University Stern School of Business, told CNN Business last week."
Faculty News

In a live interview, Professor Nicholas Economides discusses the causes of income inequality in California

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Excerpt from CGTN -- "There's significant income inequality because wealth tends to be concentrated on very few founders of successful companies, but, at the same time, the fact that California doesn't have a deficit anymore should also be attributed to the fact that some of these founders paid huge taxes to the state of California and, for example, when Facebook made an IPO, suddenly the California budget was balanced... So it's important to look at the benefits of the high technology industry and not just the inequality they produce."
Faculty News

Professor Aswath Damodaran comments on Netflix's business model

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Excerpt from AFP -- "For Aswath Damodaran, a professor at New York University's Stern School of Business who has researched the company's business model, Netflix's top brass 'don't want to be in the movie business. They want to be in the subscriber business.'"
Faculty News

Professor Anindya Ghose is interviewed for a story on Club Factory's success in India's retail market

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Excerpt from Quartz --"'The main reason why Indian customers like it (Club Factory) is due to the very high quality of its AI and machine learning-powered recommender systems that learn user preferences very quickly and offer highly curated offers targeted at individuals,' said Ghose. 'Plus they offer cash on delivery too.'"
Faculty News

In a live interview, Professor Nouriel Roubini shares his views on the current risks to the global economy at the World Economic Forum Annual Meeting in Davos

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Excerpt from Bloomberg -- "It depends very much on whether this is going to be a full scale trade war between the US and China or not. You have a scenario in which tariffs could be mild, another one in which you could have 25% tariffs on all the trade between the US and China... The direct trade impacts are low, but then you have to consider the impact on business and consumer confidence, on CAPEX, on financial markets, potential contagion, and therefor the direct trade links are small, but the indirect ones can lead to a greater impact on the global economy."
School News

Senior Research Scholar Alain Bertaud's joint research on affordable housing is featured

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Excerpt from Yahoo Finance -- "'The solution to unaffordable housing does not consist in inventing clever regulatory gimmicks or in designing massive subsidies to be paid by the taxpayer or by a few wealthy households. The answer will always consist of increasing the supply of land and floor space and removing any land and floor regulatory straight jacket,' says Alain Bertaud, one of the authors, in the report."
Faculty News

Professor Jason Greenberg is quoted in a story on how the government shutdown has impacted restaurants

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Excerpt from Marketplace -- "'If you’re servicing the same government workers, much more localized population, then it is really about good will,” said Jason Greenberg, assistant professor of management at New York University’s Stern School of Business. 'Good will matters,' he added."
Faculty News

Professor Kristen Sosulski offers solutions for common online learning challenges

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Excerpt from eCampusNews -- "'We need to structure even informal online learning experiences to make sure they happen,' says Sosulski, who is the author of two books about online learning. 'If you just ask students to introduce themselves, don’t be surprised if that doesn’t happen.' She recommends making directions to students explicit rather than open-ended. But once discussions are under way, it doesn’t take much effort from the instructor to keep them going."
Faculty News

Professor Allen Adamson explains how Netflix's Oscar nominations for its film, Roma, will impact the brand

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Excerpt from TheStreet -- "'They're taking a page out of the HBO playbook from years ago that awards matter. It's a top- down market, and the Oscars and Golden Globes create an aura of creative excellence that trickles down,' Adamson said. 'This is a really smart long-term play for Netflix.'"
Faculty News

Professor Michael North is interviewed for a story on age discrimination in the workplace

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Excerpt from CNN -- "By 2022, 25% of the American workforce is estimated to be comprised of workers age 55 and older, according to the Bureau of Labor Statistics. But claims of age-based discrimination are already on the rise, says Michael North, assistant professor of management and organizations at New York University. Comparing the number of age discrimination complaints filed to the EEOC in 1999 to the number of claims now shows that the problem isn't going away."
Faculty News

Professor Jonathan Haidt's co-authored book, "The Coddling of the American Mind," is named as a finalist for a National Book Critic Circle Award in the nonfiction category

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Excerpt from Publishers Weekly -- "The National Book Critics Circle has announced 31 finalists in six categories––autobiography, biography, criticism, fiction, nonfiction, and poetry––for the annual National Book Critic Circle Awards. This year's autobiography category has six finalists, and author Terrance Hayes is nominated in two categories, criticism and poetry."
Faculty News

Professor Richard Sylla discusses the implications of research findings showing that 1 in 10 people pay for large purchases with cash rather than a credit card

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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."
Faculty News

In an in-depth interview, Professor Russell Winer explains the success of Apple's 1984 Super Bowl ad

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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.'"
Faculty News

Professor Lawrence White is quoted in a story about new research on air pollution and worker productivity

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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.'"
School News

Senior Research Scholar Alain Bertaud's introduction to the 15th Annual Demographia International Housing Affordability Survey is covered

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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.'"
Faculty News

Professor Petra Moser's research examining the influence of copyrights on innovation is featured

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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."
Faculty News

In an in-depth interview, Professor Hila Lifshitz-Assaf discusses her research on open innovation at NASA

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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."
Faculty News

Professor Seth Freeman offers insights on effective negotiation

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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.'"
Faculty News

Professor Andres Liberman's joint research on the impact of information deletion in credit markets is featured

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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."
Faculty News

Professor Aswath Damodaran comments on the 10-year anniversary of bitcoin

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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.’"