Faculty News

Prof. Adam Alter speaks at TEDxSydney and is interviewed about his book, "Drunk Tank Pink"

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Excerpt from ABC.net -- "That, to me, is the most staggering piece: that this color, something that we see visually, can actually change how we feel physically. It turns us into weaker people as we perceive the color...It was such a fascinating effect to me that it became an emblem for what I discuss in the book, which is how the world, in all sorts of strange ways, influences how we think, feel and behave in ways that we wouldn't expect."
Faculty News

Prof. Scott Galloway on the NYPD's recent social media efforts

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Excerpt from The New York Times -- “'I would call this a rookie move,' said Scott Galloway, a professor of marketing at New York University. 'Doing it on Twitter is no different as if they’d changed their uniforms to bull’s-eyes.'”
Faculty News

In an op-ed, Prof. Thomaï Serdari emphasizes the importance of simplicity for luxury brands

Excerpt from LinkedIn -- "Operating as a luxury brand implies investment in long-term brand value. Simplicity and clarity help you remain focused so that you can keep producing well-developed, complex ideas that are executed with care and attention."
Faculty News

Prof. Bryan Bollinger's research on reusable grocery bags is featured

Excerpt from Portland Press-Herald -- "The research – by Harvard Business School Assistant Professor Uma Karmarkar and Bryan Bollinger, an assistant professor at New York University’s Stern School of Business – showed that the correlation between reusable bags and indulgent foods doesn’t apply to people with children at home."
Faculty News

Prof. Arun Sundararajan explains the benefits of the sharing economy

Excerpt from St. Louis Post-Dispatch -- “'It’s really expansive for the economy,' [Sundararajan] says. 'You’re creating greater variety and you’re using resources more productively. Cities need to recognize that this is good for the local economy.'”
Student Club Events

Stern in Africa Economic Forum

On April 26th, Stern in Africa will host the NYU Stern Africa Economic Forum 2014, themed, “The African Gold Rush: Realities of Africa’s Economic Growth and Potential.” The conference will present a balanced depiction of the current state of Africa, in addition to highlighting the promising transformations that are taking place across the continent.
Business and Policy Leader Events

NYU Global Governance Roundtable: Building Ethical and Sustainable Global Companies

On April 25, NYU Stern and NYU Law co-hosted the NYU Global Governance Roundtable: Building Ethical and Sustainable Global Companies.
Faculty News

Prof. Roy Smith on the shifts in the banking industry

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Excerpt from MarketWatch -- “'I think the headline for the past earnings quarter was Wells Fargo,' notes Roy Smith, a professor at New York University’s Stern School of Business and a former general partner at Goldman Sachs Group Inc. 'They seem to have their business model operating on all cylinders.'"
Faculty News

Prof. Rosa Abrantes-Metz's research on gold price fixing is mentioned

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Excerpt from Bloomberg -- "Unusual trading patterns around the afternoon fixing in London are a sign of collusive behavior and should be investigated, Rosa Abrantes-Metz, a professor at New York University’s Stern School of Business, wrote in a draft research paper, which was reported by Bloomberg News in February."
Research Center Events

NYU Teams Win $200K in Stern's 2013-2014 Entrepreneurs Challenge

At the conclusion of an eight-month competition, NYU’s most promising innovators received a combined $200,000 in start-up cash at the annual $200K Entrepreneurs Challenge, held by NYU Stern’s Berkley Center for Entrepreneurship & Innovation.
Press Releases

NYU Teams Win $200K in Stern's 2013-2014 Entrepreneurs Challenge

At the conclusion of an eight-month competition, NYU’s most promising innovators received a combined $200,000 in start-up cash at the annual $200K Entrepreneurs Challenge, held by NYU Stern’s Berkley Center for Entrepreneurship & Innovation.
Business and Policy Leader Events

Tribeca Disruptive Innovation Awards 2014

Returning for its fifth edition, this provocative awards program, co-sponsored by Accenture and AT&T at NYU Skirball, celebrates the new frontiers of disruptive innovation in collaboration with Harvard professor Clayton Christensen.
Research Center Events

The Sixth Annual NYU Stern Volatility Institute Conference

The Sixth Annual NYU Stern Volatility Institute Conference convened academics, practitioners and regulators to discuss the latest research and ideas on this year’s theme, “Market Liquidity and Funding Liquidity: Implications for Economic Risk.” 
Faculty News

Prof. Adam Alter explains how retailers encourage spending

Excerpt from Sydney Morning Herald -- "Another cue is the use of sound. Consumers are more willing to part with their hard-earned cash when they're in a shop playing fast-tempo, upbeat music. 'If you're thinking faster, and you're on that tempo, you're likely to respond by spending more quickly,' [Alter] says."
Faculty News

Prof. Anat Lechner on the value of Take Our Daughters and Sons to Work Day

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Excerpt from Forbes -- “'It enriches their perspective,' says Anat Lechner, Professor of Management and Organizations at NYU Stern School of Business, who is not bringing her children to work today, but has had them observe her classes and lectures in the past. 'It gives the kids a perspective on their parents and the question of work, and has them see their parents in a very different capacity.'”
Faculty News

Prof. Lasse Pedersen's research on Berkshire Hathaway is cited

Excerpt from The Economist -- "Berkshire Hathaway has beaten the market over the long run by investing in relatively low-risk stocks the market was underpricing, according to 'Buffett’s Alpha', a study by three economists, Andrea Frazzini, David Kabiller and Lasse Pedersen. The study found that when it comes to outperforming the market on a sustained basis (see chart), Berkshire Hathaway is arguably without equal."
Faculty News

Prof. Arun Sundararajan on how gradual behavior changes aid the adoption of sharing economy apps

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Excerpt from Entrepreneur -- “'One strategy is adding features that mimic the old-world experience to enhance familiarity,' says Sundararajan. 'They can integrate what people might miss from the old experiences they are trying to disrupt, and create that bridge.' For instance, Airbnb launched its own concierge service, so that travelers could still feel pampered as if they were at a traditional hotel."
Faculty News

Prof. Prasanna Tambe discusses a new survey on entry-level employment

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Excerpt from USA Today -- "One of the take-away messages of the survey is that employers are expecting more of their employees in entry-level jobs, says Prasanna Tambe, an assistant professor at the New York University Stern School of Business, and one of the authors of The Talent Equation. Those first jobs are more complex than they used to be, requiring more industry acumen and technical skills, he says. In fact, for many jobs today, it's important to have a blend of interpersonal and technical skills, Tambe says. It's hard to get all that from classes in college. A lot comes from hands-on work experience."
Faculty News

Research Scholar Sarah Labowitz on the ongoing safety risks in Bangladesh factories

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Excerpt from Forbes -- "'We have young people losing their lives sewing clothes,' she said at a forum at NYU’s Stern School of Business, where she presented her report, co-authored with the center’s research director Dorothée Baumann-Pauly. Since last July, Labowitz and her colleagues have interviewed more than 100 people about business practices in the supply chain, including factory owners, buyers, agents, workers, trade unionists, journalists, bankers and finance professionals and academics in Bangladesh and in the U.S."
Faculty News

Prof. Scott Galloway discusses Apple's earnings report

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Excerpt from Bloomberg -- "You basically have a hardware company that looks like, if you look at the balance sheet and the income statement, it looks like a software company. Or maybe not a software company, but a services firm, much less a hardware firm. So ... this really does quiet a lot of naysayers around Tim Cook's abilities and his leadership and the numbers. They delivered today in spades."
Faculty News

Prof. Arun Sundararajan on the regulation of sharing economy platforms

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Excerpt from The Washington Post -- "'It doesn’t seem to be in the best interest of society to place the same regulatory burden on someone who does something occasionally and someone who does something frequently,' Sundararajan says."
Press Releases

Profs. Jennifer Carpenter & Robert Whitelaw Analyze the Real Value of China’s Stock Market

In new research that analyzes data from China’s stock market from 1995 to 2012, NYU Stern Professors Jennifer Carpenter and Robert Whitelaw, along with undergraduate student Fangzhou Lu, find that despite its reputation as a “casino,” China’s stock market has functioned well by several measures.
Faculty News

Prof. Nicholas Economides on Greece's budget surplus

Excerpt from De Telegraaf -- (translated from Dutch using Google translate) "For the International Monetary Fund (IMF) and the euro area countries, Greece's lenders, the primary surplus is good news, economics professor Nicholas Economides of New York University told this newspaper. The likelihood that Greece can repay its loans is thus increased, he says."
Faculty News

Prof. Thomas Philippon's research on the financial sector is cited

Excerpt from Rolling Stone -- "Thomas Philippon and Ariell Reshef have found that 30 to 50 percent of the wage difference between the financial sector and the rest of the private sector was due to unearned 'rent,' or money they gained through manipulating markets."