Experience Stern | News & Events

Excerpt from CNN -- "'This time window often creates this scarcity factor,' said Anindya Ghose, a professor at New York University's Stern School of Business. 'There's a nudge and pressure on customers to act within that period.'"

Excerpt from Yahoo Finance -- "A paper from Brandeis’s Stephen Cecchetti and New York University’s Kermit Schoenholtz recommended that the Fed release a “matrix” that links projections for growth, unemployment, inflation, and interest rates to each FOMC participant."

Excerpt for Business of Fashion -- "At Stern, students also get the chance to work with real-life companies in problem-solving. 'Something hard to replicate online is experiential learning,' said Kim Corfman, the academic director of NYU Stern’s Fashion & Luxury MBA. 'You can go out there and do it and read some excellent books, but having guidance while you’re going through the process, there’s really no substitute.'...This was precisely how Winograd used her time at Stern, which offered summer fellowships to entrepreneurs to work on their company ideas. 'They gave me a living stipend and a lot of flexibility to work on my start-up… they took me on a trip to San Francisco where I got to meet angel investors that ended up investing in Pepper,' Winograd said. 'We built out a business plan as a part of a competition, and that pushed me to get into the streets to talk to customers, which helped my co-founder and I to get to different insights.'"

Excerpt from EconTalk Podcast -- "'f you ask an urban planner, 'What is the optimum size of housing?' this planner will tell you a number--you know, 50 square meters, 60 square meters, something like that. If you ask the same economist will say, 'Well, it all depends.' So, this is really the big difference between planners and economists.'"

Excerpt from Reuters -- "The Fed’s policy statements 'tend to be complex, jargon-laden, press releases that a casual reader cannot easily absorb,' Brandeis University professor Stephen Cecchetti and New York University professor Kermit Schoenholtz wrote in calling for the Fed to overhaul many of its core documents."

Excerpt from MarketWatch -- "The Nobel Prize-winning economist whose work confirms Bollinger’s core insight is Robert Engle of New York University. He was awarded the prize in 2003 (along with the late Clive Granger) for developing a statistical understanding of why and how a security’s volatility changes over time."

Excerpt from CNN -- "'This is an old story of when you see industry disruption,' said Ginsberg. 'If you don't develop those capabilities or go into those markets, you might be extinct pretty soon.'"

Excerpt from OZY -- "Lev says Apple has good reasons to buck the trend: Quarterly guidance is still the norm in the tech industry. 'If most of your competitors are guiding, if you won’t guide it’s a very bad sign,' he says. 'It’s a sign either you are not confident as a manager or you are hiding information.'"

Excerpt from Money Inc. -- "James B. Rosenwald III received his Bachelor of Arts in Economics from Vassar College in 1980, before obtaining his M.B.A from the Graduate School of Business at New York University in 1984. ... In addition to his business activities, Rosenwald has served as an adjunct professor of Global Value: Investing Theory and Practice at the Stern School of Business at New York University since 2012."

Excerpt from The Wall Street Journal -- "'Google has become much more prominent than it was 10 years ago. The usual behavioral remedies—stop this behavior—are not going to restore competition,' said Nicholas Economides, an economics professor at New York University Stern School of Business. 'In my view that’s a failure of the regulatory system which acted very slowly in Europe and did not act in the U.S.'"

Excerpt from Car and Driver -- "'It's easy to believe that we spend time doing what we're passionate about, but my sense is that we become passionate about the things that we happen to spend time doing (the reverse of the standard causal path). For whatever reason, you were exposed to cars where Mark Zuckerberg was exposed to computers."

Excerpt from The New York Times -- "And so it is with ride-share drivers today. Another study, by a New York University professor and two Uber employees, found the same dynamic: Higher prices increased driver incomes, but only for a few weeks."

Excerpt from CNBC -- "'The market is pricing in an extended trade war, which means if you’re buying these stocks, you’re not buying them for the near term, you’re buying them for the long term,' he said. 'Now, [it depends on] how much of a strong stomach you have, but that’s what I’d look at.'"

Excerpt from Fashionista -- "Gardiner's large following stems from modeling, which she's been doing since her senior year of high school while living in Los Angeles. About two years ago, she hit 10K followers and started to reach out to brands (via DM) to possibly work together. 'A lot didn't reply, obviously, but I got a few responses where they would send me product in exchange for a post,' recalls Gardiner. (Pro tip: She created a media kit for herself to send to brands, too.)"

On Friday, May 31, Concurrences Review in collaboration with NYU Stern School of Business will host the The Global Antitrust Economics Conference.

Excerpt from Sierra Magazine -- "In his book The Sharing Economy, New York University business professor Arun Sundararajan writes, 'Today’s digital technologies seem to be taking us back to familiar behaviors, self-employment, and forms of community-based exchange.'"

Excerpt from MarketWatch -- "'If you’re dealing with companies that you know have serious human-rights problems, you have an affirmative obligation to confront those problems, and evaluate what the companies do. And if the company simply says its too hard or it’s too expensive, you ought to make a decision to divest it, or put them on notice,' said Posner, conceding that efforts to assess and measure human rights remained in their infancy."

Excerpt from the New York Daily News -- "It’s yet another example of incumbents limiting voters’ choices and Washington dictating preferences to New Yorkers. Incumbents already win 98% of the time — they don’t need more help from Washington. And silencing dissent and attacking activists isn’t a recipe for growing an effective party."

Excerpt from Financial Times -- "Mr White added that Morningstar’s brand recognition in mutual funds has so far failed to carry over into credit ratings. 'The Morningstar imprimatur turned out not to be that important. What is important is the record of Moody’s, S&P and Fitch,' he said."

Excerpt from Techopedia -- "'Private individuals respond to incentives for keeping the data honest. My worry is governments who have other non-economic objectives immune to financial incentives,' David Yermack, Professor of Finance at the Stern Business School in New York University, surmised."

Excerpt from Consumer Reports -- "'Once people have spent time searching a price, they are less likely to start over when they see the fees,' says Vicki Morwitz, a professor of marketing at the New York University Stern School of Business. 'They often mistakenly assume competitors will have the same fees,' she says."

The goal of the Advanced Retail Strategy program is to provide retail professionals with the tools and strategies to navigate the shifting industry standards with confidence.

Excerpt from LSE Business Review -- "More generally, our results highlight that individuals’ investment decisions are not made in a social vacuum. What we hear from our friends affects how attractive we perceive an asset to be, even if the experience of those friends arguably does not contain a lot of information that is relevant for the true valuation of the asset. This runs counter to the assumptions in many of our models meant to study the economy. On the flip side, this evidence might help us understand how the passing-on of optimism about the valuation of certain assets might lead to price bubbles in both the housing market and in the stock market."

Excerpt from Business Insider -- "'[Reference points] are used on price tags, these are used in advertising, this is used inside retail stores on signage — all of which are ways to try and get you to anchor on a particular price, so it is against that price that you would then evaluate the current offering,' Priya Raghubir, a marketing professor at New York University's Stern School of Business, told Business Insider."

Excerpt from Business Insider -- "'I think investors are finally getting fed up,' he said on a Recode podcast with Kara Swisher published on Friday. 'My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there's real value there.'"