School News

NYU Stern will host a panel on how game-design principles are used to promote sustainability on 2/21

Excerpt from School of Visual Arts -- " ... game-like experiences are helping people to eat healthier, consume less energy, recycle more, be more engaged in school, and even innovate solutions to disease and poverty."
Faculty News

Prof. Stephen Figlewski on companies writing put options on their own stock

Global Finance logo
Excerpt from Global Finance Magazine -- "The issue of whether to let corporate end users off the hook is still pending. Until it’s settled, they can’t plan ahead."
Faculty News

Prof. Deepak Hegde's research on the US Patent and Trademark Office is featured

Excerpt from Nature Biotechnology -- "The article investigates concerns that the US Patent and Trademark Office (USPTO) is taking too long to examine patents and is granting patents of low quality."
Graduation

Graduation 2012

On Wednesday, May 16, 2012, NYU's All-University Commencement Exercises will be held at Yankee Stadium. On Thursday, May 17, 2012, NYU Stern's Undergraduate Baccalaureate Ceremony and NYU Stern's Graduate Convocation Ceremony will be held at Radio City Music Hall.
Faculty News

A presentation by Nobel Laureate Prof. Michael Spence on the global economy is featured

Excerpt from IMD.org -- "Dr. Spence focused on the challenges posed by big structural shifts in the world economy, which he said could triple in size in the next 20 years, from about $60trn to $180-200trn."
Faculty News

Prof. Roy Smith on merging the US and German stock exchanges

Excerpt from Deutschlandfunk -- "If you look at only the European market, then the proportion would be 95 percent, and that would be highly monopolistic. When in Chicago, New York, the stock exchanges in Japan and China to take, then shrinks the market share together for ten to 15 percent (German to English translation)."
Faculty News

Member of the Executive Board and Prof. Richard Bernstein on hedge funds

Financial Times logo
Excerpt from Financial Times -- “Traditional asset allocation has provided diversification, superior returns, liquidity and cheaper fees. Alternatives have under-performed, are highly correlated to other asset classes, hinder liquidity, and charge high fees. This seems to be a comparison of a superior, less expensive product to an inferior, more expensive product.”
School News

Profs Bruce Buchanan & Batia Wiesenfeld are cited for building Stern's Business and Society Program

Forbes logo
Excerpt from Forbes -- "I was lucky to work with colleagues Bruce Buchanan, Sally Blount and Batia Wiesenfeld who fought for, designed and taught courses like “Business and its Publics” and to have built a robust Business and Society Program."
Faculty News

An op-ed by Prof. Christopher Michaelson on the apparent irony this year at Davos

Huffington Post logo
Excerpt from The Huffington Post -- "As politically and economically motivated uprisings sprouted around the world this past year, these problems also coexisted at Davos, one seeking to help solve the other while at the same time being blamed for being its primary cause."
Faculty News

Prof. Jonathan Haidt is featured for his work on moral thinking

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Excerpt from The Atlantic -- "How much of moral thinking is innate? Haidt sees morality as a 'social construction' that varies by time and place. We all live in a 'web of shared meanings and values' that become our moral matrix, he writes, and these matrices form what Haidt, quoting the science-fiction writer William Gibson, likens to 'a consensual hallucination.'"
Faculty News

An op-ed by Prof. Evan Shapiro on the amateur talent shows on American TV

Huffington Post logo
Excerpt from The Huffington Post -- "If we genuinely long for a place for amateur performers to shine, if we sincerely want TV shows to help us find our next crop of young talent, then we MUST do some pruning." Additional coverage appeared in Popbytes.com.
Faculty News

Prof. Hal Hershfield's research on retirement savings is featured

Wall Street Journal logo
Excerpt from The Wall Street Journal blog -- "One reason we don’t save enough for retirement, [Hersfield and co-authors] suggest, is that we think of the person who will be withdrawing from our IRA not as ourselves, just at a different spot on the timeline, but as separate people entirely."
Faculty News

Prof. Arun Sundararajan on Twitter's new rules

CBC logo
Excerpt from CBC -- "Technologies that are internet based always sort of stay one step ahead ... there's a simple way to get around [Twitter's new rules]."
School News

NYU Stern will host the Ultra Light Startups' Investor Feedback Forum and Pitch Showdown on Feb. 9

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Excerpt from Crain's New York Business -- "Ultra Light Startups invites you to its INVESTOR FEEDBACK FORUM AND PITCH SHOWDOWN. The seminar will help early-stage startups refine their investor pitch, provide advice on each business model and demonstrate how investors evaluate startup pitches."
Faculty News

Prof. Edward Altman's Z-Score for determining a company's bankruptcy risk is highlighted

Excerpt from Stockopedia -- "High Bankruptcy Risk - the so called 'Altman Z-Score' is a scoring system developed by Prof. Edward Altman in the 1970s to highlight companies with a significant risk of financial distress."
Faculty News

Prof. Stijn Van Nieuwerburgh on rent increases in Manhattan

Excerpt from Washington Square News -- "Stern professor Stijn Van Nieuwerburgh said this expected rent increase might affect the relationship between not only residents and landlords, but also employers and employees."
Faculty News

Prof. Anthony Karydakis on US consumer spending

International Business Times logo
Excerpt from International Business Times -- "I do believe there is some underlying trend that gives us some reason to feel a little bit better about what lies ahead regarding spending, and the main reason is the labor market." Additional coverage appeared in Reuters.
Faculty News

Prof. Nouriel Roubini in the lack of global leadership in today's world

Excerpt from Public Service Europe -- "This doesn't look like a G20 world; it looks like a G-Zero world. There is disagreement. There is no leadership. In a world where we have the rise of many powers, the United States cannot impose its will." Additional coverage appeared in National Multimedia.
Faculty News

Prof. Greg Coleman is highlighted as a BuzzFeed advisor

Excerpt from All Things Digital -- "Fellow HuffPo cofounder Ken Lerer is also a BuzzFeed co-founder, and former HuffPo ad boss Greg Coleman has come on as an advisor."
Faculty News

Prof. Thomas Philippon's research on banker compensation is cited

Financial Times logo
Excerpt from Financial Times -- "Take a look, for example, at the work by Thomas Philippon and Ariell Reshef, two US-based economists. They have researched trends in banker pay over the past 150 years and found that, in the early 20th century, financial sector pay relative to the rest of the private sector was roughly at parity ... "
Faculty News

Research Scholar Robert Frank on the causes of rising inequality

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Excerpt from Seeking Alpha -- "Probably the best account of the causes of rising inequality comes from Robert Frank. He notes that rising inequality is a phenomenon of virtually all professions and to a considerable extent the result of pay by relative performance."
Faculty News

Prof. Lawrence White comments on the euro zone crisis

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Excerpt from CNC World -- "There's a long-run problem that short-run austerity doesn't deal with and if the austerity is cutting into social investment, infrastructure, human investment, then that is not a recipe for long-term growth."
Faculty News

Prof. Jonathan Haidt on the liberal bias in social psychology

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "Haidt also pointed to the extreme underrepresentation of conservatives in social psychology. When he surveyed the 1,000 colleagues who attended his talk, 80 to 90 percent identified themselves as liberals. Only three people said they were conservatives."
Faculty News

Prof. Christina Fang's research on the accuracy of economic forecasts is highlighted

Excerpt from The Sunday Times -- "Denrell and Fang found the 'analyst with the largest number as well as the highest proportion of accurate and extreme forecasts, had, by far, the worst forecasting record.'"
Faculty News

Prof. Aswath Damodaran on the Tobin tax

Excerpt from Elmundo.es -- "Aswath Damodaran, a finance professor at the Stern School of Business at New York University, believes that it is not so easy and gives four reasons. First, because there is a basic inconsistency in the reasoning of the critics. What is the purpose of taxing financial transactions? Does it increase revenue or to punish the 'evil' speculators (Spanish to English translation)?"