Experience Stern | News & Events

Excerpt from Scientific American -- "Professor Steven Blader at New York University with Ya-Ru Chen found similar effects for greater power contributing to less inclusiveness towards others in the form of reduced fairness in their paper published in the Journal of Personality and Social Psychology. But they found that the way that individuals reduce the dark side of power was highly dependent on their dispositions; namely, the degree to which they were other-oriented."

Excerpt from eFinancialCareers -- "Machine learning technology will make many jobs obsolete – some will be replaced by machines in the future. Examples include driverless cars, automated trading systems, and robots as waiters and cleaning people, to name just a few. I think one way [to approach the problem of unemployment] is to provide people with a better education so that the next generation will be trained to perform jobs that machines are not competent in."

Excerpt from Livemint -- "The biggest lesson is that as an investor, invest in simple companies rather than these complex holding companies. Because any time you invest in a complex holding company, this is one of the prices you pay—you have very little control over process because of the holding structure."

Excerpt from The Huffington Post -- "Haidt outlines six moral foundations the 'elephant' part of us uses to determine whether we agree with an action or idea. These foundations are inextricable from their opposites. They include: Care/Harm, Fairness/Cheating, Loyalty/Betrayal, Authority/Subversion, Sanctity/Degradation and Liberty/Oppression."

Excerpt from the National Law Review -- "[Bakos] found that people will still shop at an eStore they trust without checking all the prices readily available on the internet. Much like the days before online shopping, a person would walk into a store, see the price posted for an item, and decide if it was worth it."

Excerpt from IEEE Spectrum -- "'The greatest threat to innovation is if new companies, innovative companies, have to pay a lot to be on the same playing field as everybody else,' Economides says. Net neutrality supporters worry there might be secondary effects from limiting the free flow of ideas and information online."

Excerpt from Bloomberg -- "Paradoxically, supply-side trickle-down, instead of helping the white working class that voted him in, is going to force [Trump] to become very protectionist and even more so against trade globalization and migration, so you have an inconsistency between trickle-down on one side and protectionists on the other side."

Excerpt from Forbes -- "If you are in any position of leadership—whether you’re the CEO, a mid-level manager, an investor, or an entrepreneur with a great idea—you will be confronted by new technology for the rest of your life. Failing to strategically monitor these trends and plan for the future will put your organization and future earnings at risk. People and organizations who use the tools of futurists —Nintendo, IBM, Amazon —succeeded even in the face of disruption; while those that didn’t—Blackberry, Zenith, Kodak––met their demise."

Excerpt from Luxury Daily -- "In luxury, business and brand strategy are entangled. The brand cannot be articulated after the specifics of the business strategy have been set — the two must evolve in tandem."

Excerpt from Planetizen -- "This project by New York University, UN-Habitat the Lincoln Institute of Land Policy, and numerous collaborators is a comprehensive, ongoing research program to monitor quantitative and qualitative aspects of global urban expansion. The project used medium-resolution Landsat satellite imagery and census data to analyze how these cities grew between 1990 and 2014."

Excerpt from The Native Society -- "Xi Chen joined New York University Stern School of Business as an Assistant Professor of Information, Operations and Management Sciences in September 2014. Professor Chen studies machine learning and optimization, high-dimensional statistics and operations research."

Excerpt from Poets & Quants for Undergrads -- "'Over the years, we started realizing that there was an increased interest, both from the students and from companies outside,' says Rohit Deo, acting dean. 'And the interest was in not just improving the bottom-line profit, but in looking at how it impacts society and the environment. We have this long tradition of teaching ethics, so this semester we decided to formalize it by launching this.'"

Excerpt from The Washington Post -- "Nouriel Roubini, an economist at New York University attending the forum, noted that Beijing has prevented many Western firms from investing in China for both political and economic reasons. He cited Facebook and Twitter as examples. Roubini was heartened by an announcement coinciding with Xi's speech that Beijing would ease restrictions on foreign banks, brokerages, and other industries seeking to do business in China. Roubini said that while the details were vague, the statement showed China is taking criticism seriously. 'It's clear that China is open and wants to be more open to trade in goods and services,' he said. 'It's going to be a process.'"

Excerpt from Scientific American -- "Although psychologists have known for a long time that people associate dark skin with negative personality traits, this research shows that the reverse is also true: when we hear about an evil act, we are more likely to believe it was done by someone with darker skin. This 'bad is black' effect may have its roots in our deep-seated human tendency to associate darkness with wickedness. Across time and cultures, we tend to portray villains as more likely to be active during nighttime and to don black clothing. Similarly, our heroes are often associated with daytime and lighter colors. These mental associations between color and morality may negatively bias us against people with darker skin tones. If this is true, it has far-reaching implications for our justice system. For example, eyewitnesses to crimes may be more likely to falsely identify suspects who possess darker skin."

Excerpt from Forbes -- "'They might be able to take Prime households from $1,300 per year to $10,000 by basically saying we’re going to fulfill everything you need,' said Galloway in a recent YouTube interview with L2 co-founder Maureen Mullen."

Excerpt from CNNMoney -- "'If the U.S. is going to give up on economic and trading relations with Asia and the Pacific, China has an alternative plan -- not just for the Pacific and Asia, but also for Latin America,' said economist Nouriel Roubini."

Excerpt from Nightly Business Report -- "I think the main thing is to try to encourage those people who have dropped out of the labor force to rejoin the labor force, and as the economy grows, that will continue to happen. I think that some of the tax policies that the Trump administration is looking to put through could also help growth increase. But I do not see a huge productivity boom that would lead to any kind of gain like 25 million. And one of the things that's working against us is that over the next 5 years, people of prime working age, between 25 and 54 years old, that number will actually go down. So it'll be very, very hard to hit a 25 million number over the next 4 to 8 years."

Excerpt from MetroMBA -- "Stern was the first school to include FinTech as an MBA specialization, launching the concentration in fall 2016​. ... As the FinTech industry continues to grow and evolve, expect NYU Stern’s specialization to change with it and help bring on the next generation of innovators."

Excerpt from Sourcing Journal -- "Fashion brands can combat consumer fatigue and turn it into excitement. To do that though, they need to better utilize creativity as a means to solving consumer-centered problems that are extracted from contemporary culture. For some brands, this needs to be addressed at the business level to bridge the gap between their operations and creative teams. For others, it needs to be executed properly and manifest itself in new form in front of the consumer. It can take the form of consumer-centered packaging/grouping, communicated in a context that stays as close to reality as possible, and activated via signs and codes that are authentic and flexible. If beauty can do this, so can fashion."

Excerpt from Svenska Dagbladet -- (translated from Swedish using Google Translate) "...Matt Statler and Perttu Salovaara at New York University, for example, recently discussed how future economics programs can be designed to not only provide theoretical knowledge and practical skills in things like marketing and accounting, but also give students the opportunity to develop their practical knowledge ('The Routledge Companion to reinventing management education', 2016, Chapter 15)."

Excerpt from the Financial Times -- "A couple of days ago, I also received a book called Irresistible: The rise of addictive technology and the business of keeping us hooked by Adam Alter and I’m looking forward to diving into that."

Excerpt from The New York Times -- "...despite the attention paid to the study on how much the first lady was worth to a brand — 'I have been publishing for 25 years,' said David Yermack, the author of the study and a professor of finance at the N.Y.U. Stern School of Business, 'and nothing has compared to the interest in this' — it wasn’t ultimately about revenue generation."

Excerpt from Knowledge@Wharton -- "A focus of my book is about these nine forces that are shaping the mobile economy. I start by talking about context, which is sort of the super-force, as in why your customer is here, what he or she wants, and how he or she is feeling. But there are also other factors like location and time, weather and crowdedness, as I mentioned. For a retailer that’s trying to … reach out to the consumer, what they need to do is essentially figure out this concept of 'in-the-moment marketing.' The better you know the consumer’s context, their 'why, what and how,” and the better you know some of the other forces, the better you can combine that data. The sum of the parts is greater than the whole."

Excerpt from Voice of America -- "'Housing was a great part of the recession,' said housing expert and New York University professor Lawrence White. 'Housing prices fell dramatically from their peak in 2006. Nationwide, the average value of a home dropped 30 to 35 percent. We certainly learned in the recession, investing in a house is not a sure-fire way to build wealth.'"

Excerpt from Medill Reports Chicago -- "There are a lot of unclear definitions in the Act, like who is required to register as a swap dealer, Subrahmanyam said. He said the main understanding was that it should be market makers, who both sell and buy swaps, but this definition, he contends, is too vague. Moreover, he said an 'end-user exception' in the Act is unclear, which is that people who use swaps to hedge rather than to speculate are exempted from the regulation."