Experience Stern | News & Events

Excerpt from Wharton@Work -- "'On the outside,' says Professor Anindya Ghose, 'it is very easy for businesses to get discouraged by consumers’ seeming resistance or inhibition to advertising. What lies beneath the surface is different though.' In his new book Tap: Unlocking the Mobile Economy, Ghose says the leveraging of mobile data, combined with his ground-breaking studies in randomized field experiments in different parts of the world, economics, and behavioral psychology, have unearthed knowledge that can help us better understand our customers, and ourselves."

Excerpt from Reuters -- "'We find a weak relationship between pay and performance, but a strong relationship between pay and size, measured as fee revenue,' Markus Ibert of the Stockholm School of Economics, Ron Kaniel of Rochester University, Stijn Van Nieuwerburgh of New York University and Roine Vestman of Stockholm University write."

Excerpt from Forbes -- "'The cool kid premium eventually goes away,' said Galloway, who is also cofounder of research firm L2. 'Instagram played that role two years ago. Facebook played that role four years ago. You can only be the new kid on the block for so long, and then it becomes ROI.'"

Excerpt from Fox Business -- "'The expansion of infrastructure spending, especially on road and rail projects, will help since transport costs are important with respect to goods manufacturers’ getting their input supplies at lower costs and being able to ship their outputs to markets, whether at home or abroad at lower costs,' [White] said."

Excerpt from CGTN -- "Jennifer Carpenter, an associate professor of finance at Stern’s School of Business at New York University indicated having access to this new wealth of information could prove to be a big asset for traders. 'Just an easy way to start thinking about, "well what if I started investing in China and how is that going to improve my return risk profile", which should start to whet the appetite as well as start to build the familiarity you need for people to become comfortable investing real money there,' Carpenter said."

Excerpt from Inc. -- "Recent interest in London may have more to do with the relative ease of doing business there, and less with its status as an E.U. entry point. 'The U.K. will still remain an attractive market for companies such as [Snap] not just because of its relative size, but because it has an English speaking population that makes it relatively easy to commission market analysis studies, to find investors for their projects and roll out new products,' says Ari Ginsberg, a professor of entrepreneurship and management and New York University's Stern School of Business."

Excerpt from WGSN -- "Social media has been instrumental in informing young consumers, and most importantly in instructing them on what is desirable and how luxury should look or feel."

On Feb. 28, Chipotle Mexican Grill CEO and Founder Steve Ells shared his company's vision for making great food more affordable and accessible in a conversation moderated by Professor Tensie Whelan, director of NYU Stern’s Center for Sustainable Business

Excerpt from i24News -- "Tax reform is especially important for Trump. The whole stock market swing up was because of that. People expect that income taxes are going to fall, and most importantly, that corporate taxes are going to fall."

Excerpt from CNBC -- "Snap is entering the digital advertising market where the incumbents are two powerful behemoths: Facebook and Google. 'That scares the heck out of me as an investor,' Damodaran said. 'Already Facebook is trying to "out-Snap" Snap.'"

Excerpt from the Financial Times -- "As virtual teams become the norm rather than the exception, companies need to find ways to smooth out the bumps, whether cultural, linguistic or logistic. One sticking point is often over who will have to get up early or work late for meetings in different time zones. 'That can be a problem, especially if as a manager of the team you’re always making the same set of people do it,' says Beth Bechky, a management professor at New York University’s Stern School of Business."

Excerpt from MindaNews -- "'Practically, our plan is to engage MBA students from the Stern School of Business of NYU in what is called a Stern Signature Project. A select team of talented and ambitious students will work with our staff for a semester on refining the methodology, and we will then travel to Davao City to conduct a survey of the parks and open spaces,' he said."

Excerpt from CNN Indonesia -- "Today, financial markets are actually very calm, surprisingly calm, given all the things that are going on. We don't see a lot of financial volatility. I think that we expect that it's going to arise from a lot of these events that are going on. But at the moment, we don't see it."

This program is for general and functional business managers who interact regularly with the firm’s finance area; managers who make business decisions that affect the firm’s financial results, or are impacted by financial models; and financial analysts and investors who would like to understand how to interpret the data in financial statements to assess a firm's future prospects and value.

Excerpt from DMN -- "The fundamental principles are still very much there, it's just the tools have changed. If you think about communication and persuasion, the fundamentals are still the same. It's not like human beings have completely changed their nature and basic psychological motives. With respect to that, there's definitely an emphasis these days on digital."

Excerpt from the Harvard Business Review -- "A classic finding in the psychology literature is the Dunning-Kruger effect (named after David Dunning and Justin Kruger, who first described it): Poor performers in a domain are more prone to overestimate their ability than good performers. Why? Poor performers are unaware of the many elements that go into expert performance, and thus they are overly confident in their ability to carry out all of the tasks necessary to succeed."

Ragy Thomas (MBA ‘03), Founder and CEO of Sprinklr, joined Professor Luke Williams, MBA students and alumni for a 2016-2017 Langone Speaker Series event.

The 13th Annual NYU/Penn Conference on Law and Finance, co-sponsored by New York University’s Pollack Center for Law & Business and the University of Pennsylvania’s Institute for Law and Economics, was held on February 24-25. 

Excerpt from Outside -- "'Digital devices are constructed—often by PhDs in behavioral science—to completely consume us,' says Adam Alter, a marketing and psychology professor at New York University and author of the forthcoming book Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked."

Excerpt from the Harvard Business Review -- "There's a huge difference between connectivity, or the potential for connectedness, and actual levels of connectedness. And the actual levels are way lower than the technological constraints might lead us to expect."

In response to an increasing demand on dentists to manage both patient care and the business of dentistry, New York University’s College of Dentistry (NYU Dentistry) and its Stern School of Business have created a dual degree DDS/Master of Business Administration (MBA) program.  

NYU Stern's Center for Real Estate Finance Research hosted a panel on real estate and technology on February 23. 

This program is designed to upgrade existing communication skills and is therefore relevant for anyone at a managerial or executive level.

On February 23, The Aspen Institute, in partnership with the NYU Stern Business & Society Program, will host a conversation with two of America's leading experts in psychology -- Professor Paul Zak and Professor Jonathan Haidt. 

Excerpt from Forbes -- "...coined by psychologists David Dunning and Justin Kruger, the Dunning-Kruger Effect is a cognitive bias whereby people who are incompetent at something are both unable to recognize their own incompetence and likely to feel confident that they actually are competent."