Faculty News

In a co-authored op-ed, Professor Andrew Hinkes explores how regulation by the Office of Foreign Asset Control (OFAC) could impact the cryptocurrency market

CoinDesk logo
Excerpt from CoinDesk -- "The list of Specially Designated Nationals (SDNs) includes individuals and entities associated with sanctioned governments, terrorism, trafficking in weapons of mass destruction, and illegal drug trafficking. This list includes varying types of records, including in some cases only names, but in other cases names, addresses, aliases, etc. Financial institutions would be required to screen any virtual currency address provided for a transaction against a list to be provided by OFAC, and to either report, deny service to, or block transactions involving any listed addresses."
Faculty News

Professor Nicholas Economides outlines why the Department of Justice is concerned about a potential AT&T-Time Warner merger

Bloomberg logo
Excerpt from Bloomberg -- "Many times over the last three decades, the challenges of the Department of Justice were very mild in a sense that it would allow the mergers to go through with various behavioral restrictions, or conduct restrictions that the companies had to follow after the merger. Why the Department of Justice is concerned, and I think it's a legitimate concern, is there was never a follow-up, so the company said, 'We are going to do all these things,' and the merger went through and they didn't really do these things. ...I think both sides have a hard task in front of them and that is why this trial is interesting and why the outcome is uncertain."
Faculty News

In a Q&A, Professor Scott Galloway weighs in on Facebook's handling of the Cambridge Analytica scandal

Barron's logo
Excerpt from Barron's -- "On Wednesday, Zuckerberg managed to sound contrite and give the impression that they are taking action. But he showed up with a squirt gun at a fire he started. What they should be doing is over-correcting. When Tylenol was a victim of tampering in the 1980s, Johnson & Johnson pulled bottles of it from every drugstore, supermarket, and bodega in the country."
Faculty News

Professor Adam Alter's book, "Irresistible," is referenced

The Washington Post logo
Excerpt from The Washington Post -- "Author and professor Adam Alter compares these new technologies and smart devices to slot machines and other addictive substances in terms of their impact on our minds and physical well-being — as well as on our inability to turn away."
Faculty News

Professor Sonia Marciano shares her views on the proposed "right to disconnect" bill

The New York Times Logo
Excerpt from The New York Times -- "But now that round-the-clock communications are ingrained in the way we work, some businesses might view cutting out these communications as shortening the workday, and hurting their bottom line, said Sonia Marciano, a professor of management and organizations at New York University’s Stern School of Business. The best solution to fatigue from after-work work, she said, was an honest conversation about expectations between employer and employee. Unfortunately, she said, 'those conversations rarely happen.'"
Student Club Events

2018 Latin American Business Conference

On March 23, NYU Stern’s Latin American Business Association (LABA) will co-host its 2018 Latin American Business Conference, which will focus center around press issues, challenges and achievements in the region. 
Faculty News

Professor Arun Sundararajan discusses the implications of Uber's recent crash on the testing of autonomous vehicles

Bloomberg logo
Excerpt from Bloomberg -- "...Today we are in the age of artificial intelligence, in the age when the consequences of having technology not working the way that it should can be life threatening and so I'm hoping that what this causes is a close look at the philosophy surrounding technology regulations and technology testing and perhaps taking a book from the biological sciences and medicine where things are tested and perfected and then people wait for a few years to better understand any unintended consequences before the product is finally rolled out to the public."
Faculty News

Professor J.P. Eggers discusses the potential regulation of Facebook

Nightly Business Report logo
Excerpt from Nightly Business Report -- "I think the recognition that there's obviously been this, as Ms. Sandberg said, breach of trust and the implications that the government and policy makers may want to weigh in on that and the implications of that. I think this becomes a real question: can Facebook help to... co-create the regulations that might be put in place that would govern some degree of control over both advertising and the management of social media online? To me the real question is how deep those regulations would actually go if they were to be put in place and how enforceable they would be..."
Faculty News

Professor Thomas Philippon's joint research on the factors contributing to decreased corporate investment is featured

Vox logo
Excerpt from Vox -- "New York University researchers Germán Gutiérrez and Thomas Philippon in a recent working paper for the National Bureau of Economic Research examined possible reasons for lower-than-expected corporate investments in the United States since the early 2000s. They determined decreased competition, tightened corporate governance, and short-term pressures are in play."
Faculty News

Professor Richard Sylla shares insights from past financial crises

Insurance and Investment Journal logo 192 x 144
Excerpt from The Insurance and Investment Journal -- "The world has had a series of financial crises since the Mississippi Bubble, a financial scheme in the early 1700s in France that triggered a speculative frenzy and ended in financial ruin, said Sylla. And there will inevitably be more, he said, as memories of crises past fade, those crying wolf on new worries are 'shooed away' and people in general believe that 'this time will be different.'"
Faculty News

Professor Adam Brandenburger's co-authored book, "Co-Opetition," is referenced

Finder logo 192 x 144
Excerpt from Finder -- "Co-Opetition by Brandenburger and Nalebuff. Typically, we think of the business world as cutthroat – compete at all costs and destroy your competition. This book, using game theory principals, challenges this notion and urges you to expand your horizons. There are many instances where a win-win perspective is far superior to a win-loss perspective."
Research Center Events

John Urschel in Conversation with Professor and Dean Emeritus Peter Henry

Dean Raghu Sundaram, John Urschel and Professor and Dean Emeritus Peter Henry
On March 22, NYU Stern welcomed John Urschel, PhD candidate in applied mathematics at MIT and former NFL player for the Baltimore Ravens, to campus for a fireside chat with Peter Henry, Professor and Dean Emeritus at Stern.
Research Center Events

Executive Education Short Course: Communication Strategies: Developing Leadership Presence

In this advanced communication program, participants will practice developing and delivering well-crafted, concise messages with clearly defined intents that support their personal brand.
Faculty News

Professor Robert Seamans comments on Facebook's response to the Cambridge Analytica scandal

Fox News logo
Excerpt from Fox News -- "Robert Seamans, an associate professor of Management and Organizations at New York University said there may be a good reason why Zuckerberg and Sandberg have yet to comment, noting they might be trying to still collect all of the information needed rather than 'say something quickly for the sake of saying something.'"
Business and Policy Leader Events

Fireside Chat with PwC's Maria Castañón Moats

On Wednesday, March 21, NYU Stern will welcome PwC Vice-Chair and US Assurance Leader Maria Castañón Moats to campus for a fireside chat.
School News

Dean Raghu Sundaram highlights innovations at Stern, from new programs to live case studies to entrepreneurial initiatives

Business World logo
Excerpt from BusinessWorld -- "Over the past one year, Raghu has innovated several high-impact changes that will have a deep impact on how NYU Stern is positioning itself to be the ‘most preferred Global Business School’ in Higher Education."
 
Faculty News

Professor Durairaj Maheswaran is interviewed about his co-authored book, "Understanding Indian Consumers"

Excerpt from the Hindustan Times -- "Indian consumers are unique because they represent a combination of cultural values that are shaped both by their heritage as well as Western influence over the last 150 years. They express these values in consumption and demand product offerings that are more tailored to their tastes rather than standardized Western products."
Research Center Events

Executive Education Short Course: Leadership Training for High Potentials

This program will introduce you to a variety of analytical frameworks related to leadership and will focus on how to apply those frameworks to analyze and address important leadership challenges.
Faculty News

Professor Allen Adamson comments on the possibility of the Yankees and Red Sox playing a two-game series in London

The New York Times Logo
Excerpt from The New York Times -- "'It’s following the leader — the N.F.L.,' said Allen Adamson, a branding expert and an adjunct professor at N.Y.U. 'It’s good for the Yankees, it’s good for Boston, and an attempt to inject some topspin into the sport, but I don’t think it mitigates the need to revitalize baseball in the United States.'"
Faculty News

Professor Vasant Dhar explains why social media platforms need to vet their advertising customers

Vox logo
Excerpt from Vox -- "'They should know who’s paying them,' said Vasant Dhar, a professor of information systems at New York University, 'because the consequences are very serious.'"
Faculty News

Professor Stijn Van Nieuwerburgh's joint research on the mutual fund industry in Sweden is referenced

Bloomberg View logo
Excerpt from Bloomberg View -- "Fund size, the authors found, is related to pay, but the relationship is again weaker than one might think -- on average, only about 15 percent of the fee revenue a fund gets from managing more assets gets passed through to the manager. And the relationship is even weaker for larger funds. Most of those enormous management fees are captured by mutual-fund companies, not by the people managing the funds."
Faculty News

Professor Roy Smith explains how the Financial Stability Oversight Council was designed to coordinate banking regulation efforts

Marketplace Logo
Excerpt from Marketplace -- "'It is headed by the Treasury, to which all of these other bodies report,' explained Roy Smith, an emeritus professor of finance at New York University. The move 'essentially brought to an end the problem of regulatory silos not coordinating with one another,' he said."
Faculty News

Professor Arun Sundararajan comments on the state of autonomous vehicles in response to a recent pedestrian death in Arizona

Bloomberg logo
Excerpt from Bloomberg -- "'We’re within the phase of autonomous vehicles where we’re still learning how good they are. Whenever you release a new technology there’s a whole bunch of unanticipated situations,' said Arun Sundararajan, a professor at New York University’s business school. 'Despite the fact that humans are also prone to error, we have as a society many decades of understanding of those errors.'"
Research Center Events

Exoneree Darryl Howard and Innocence Project Attorney Seema Saifee Speak to the Stern Community

NYU Stern’s Business & Society Program welcomed Seema Saifee, staff attorney for the Innocence Project, and Darryl Howard, who was exonerated after serving 24 years for a wrongful murder conviction, to speak to an audience of undergraduate Stern students.
Faculty News

The Dunning-Kruger effect, Professor Justin Kruger's joint research on self-perception, is featured

Quartz logo
Excerpt from Quartz -- "In 1999, together with social psychologist Justin Kruger, Dunning identified the co-eponymous Dunning-Kruger effect: people who are incompetent and lack knowledge in a field tend to massively overestimate their abilities because, quite simply, they don’t know enough to recognize what they don’t know. So hugely unqualified people erroneously believe that they’re perfectly qualified."