Faculty News

Prof. Richard Sylla on the growth of gold storage in Asia

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Excerpt from Marketplace -- "'The economic development of Asia is just creating wealth at a sometimes astonishing rate,' says Richard Sylla, an economics professor at New York University’s Stern School of Business."
Faculty News

Prof. Scott Galloway on resurrecting dead brands

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Excerpt from The New York Times -- "Product innovation separates the winners from the losers when it comes to brand revivals, said Scott Galloway, a marketing professor at the Stern School of Business at New York University. 'Brands lose value because they get fat, dumb and happy,' he said."
Faculty News

Prof. Aswath Damodaran talks to LiveMint about investments

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Excerpt from LiveMint -- "What is common between Aswath Damodaran and Forrest Gump, one a widely published professor of finance at the Stern School of Business at New York University and the other a naive, unintelligent fictional hero? Well, both got lucky with investments in shares of Apple Inc."
Faculty News

Prof. David Backus on NYU Shanghai

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Excerpt from China Daily -- "'We have a number of foreign students at our New York campus, and I very much enjoy the difference in perspective they bring to class,' said David Backus, who teaches economics at NYU's Stern School of Business and was involved in the preparations for the Shanghai campus during a 2011 visit."
Press Releases

Big Data and Predictive Analytics Can Transform US Healthcare System

For more than a decade, banks and retailers have been using “big data” to draw actionable conclusions from data they collect through commerce. Now, two NYU Stern researchers say big data can help solve major societal problems, like reducing the skyrocketing cost of healthcare in the US while improving quality.
Faculty News

Prof. Russell Winer on retail as a marketing medium for HBO's "Girls"

Excerpt from Bloomberg BusinessWeek -- "'There’s no question that advertisers are looking for other ways of reaching people, whether through mobile or other venues like retail,' says Russell Winer, chair of the department of marketing at New York University’s Stern School of Business."
Faculty News

Prof. Marti Subrahmanyam's research on credit-default swaps is featured

Excerpt from The Economist -- "The paper, by Marti Subrahmanyam of New York University, Dragon Yongjun Tang of the University of Hong Kong and Sarah Qian Wang of the University of Warwick, looks at the effects of credit-default swaps (CDSs) on the companies these instruments were written on."
Faculty News

Prof. Matthew Richardson on the Volcker Rule and systemic risk

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Excerpt from Bloomberg -- "The law doesn’t bar longer-term wagers. That leaves room for other risky investments, according to Matthew Richardson, an economics professor at New York University’s Stern School of Business."
Faculty News

Prof. Joe Magee outlines questions to ask a potential employer

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Excerpt from Forbes -- "An authority on power and politics within organizations, Magee teaches at New York University‘s Stern School of Business. In order to be successful at work, he recommends employees get curious about their bosses’ backgrounds, their goals, their values and their day-to-day management styles."
Faculty News

Prof. Jonathan Haidt on the effect of morality on government

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Excerpt from MSNBC -- "In the face of great peril – at least, that’s what they tell us – these men and women elected ‘by the people’ are refusing to obey the will of the electorate. According to Haidt, this is the result of morality – which leads like-minded people to link up, and ignore their surroundings."
Faculty News

Prof. Jonathan Haidt on how liberals and conservatives can work together

Excerpt from TED -- "Fortunately, we are the world’s experts in how to promote diversity. People are beginning to recognize that we need to be more careful about the things we say — about the things that might inadvertently create a hostile climate."
Faculty News

In an op-ed, Prof. Vasant Dhar illustrates the opportunities associated with free online content

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Excerpt from the Financial Times -- "While top-branded universities will face tough competition, they will still offer a competitive advantage because their brand carries weight among consumers. If they can expand the online market and combine it with a high-touch offering through their bricks and mortar, they can create solid niches for themselves."
Faculty News

Prof. Jonathan Haidt's moral psychology research is referenced

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Excerpt from the LA Times -- "Scientists such as Jonathan Haidt of New York University have shown that we frequently feel rather than think our way to moral judgments; in general, the more affective parts of our brains generate quick, intuitive, moral decisions ('I can't tell you why, but that is wrong, wrong, wrong'), while the more cognitive parts play catch-up milliseconds to years later to come up with logical rationales for our gut intuitions."
Faculty News

Prof. Nicholas Economides on American-made products

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Excerpt from HuffPost Live -- "We have to use the advantages and the possibilities that we have in this country to produce products that are better and cheaper produced here and better produced here and similarly, products from abroad that are made cheaper abroad and more appropriately there."
Faculty News

Prof. Adam Alter on how scarcity influences purchasing decisions

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Excerpt from Marketplace -- "Alter says this moment -- of decreased self-worth when compared to others -- is when consumers are vulnerable to buying scare items."
Faculty News

Prof. Hal Hershfield on why New Year's Resolutions are difficult to keep

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Excerpt from the Boston Globe -- “Early on I would have said, ‘We’ve got to think about our future self as a direct extension of ourselves now ... But now I think ... it’s fine to think about that future self as another person -- it just has to be another person you feel close to and have a lot of overlap with.”
Faculty News

Prof. Nouriel Roubini's views on the nation's fiscal future are highlighted

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Excerpt from CNBC -- "The eleventh hour deal reached to avert the fiscal cliff in the U.S. merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece published in the Financial Times newspaper on Thursday."
Faculty News

In an op-ed, Prof. Arun Sundararajan explains the impact of collaborative consumption

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Excerpt from the Harvard Business Review -- "Our mobile devices are powerful computers connected to high-speed networks. The digitization of social brings real-world trust and social capital online. We are comfortable with the notion of commercial transactions mediated by computers or smartphones, and we've had over ten years of experience with the idea of semi-anonymous peer-to-peer exchange."
Faculty News

Prof. Nouriel Roubini on America's fiscal future

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Excerpt from the Financial Times -- "The deal reached in Washington on New Year’s day prevented the US economy from falling off the so-called fiscal cliff. However, given the dysfunctional nature of the American political system, it won’t be long before there is another crisis."
Faculty News

Prof. William Silber's book, "Volcker: The Triumph of Persistence," is highlighted

Excerpt from Globe Asia -- "To illustrate just how dangerous the conventional wisdom about the money supply can be, let’s revisit former Fed Chairman Paul Volcker’s highly praised inflation squeeze, which was ably profiled by Prof. William Silber, in his recent book 'Volcker: The Triumph of Persistence' (Bloomsbury: 2012)."
Faculty News

Prof. William Baumol's "cost disease" theory is referenced

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Excerpt from the Washington Post -- "That is the nature of education, to be sure. In their purest form, market concepts of cost-effectiveness don’t neatly apply to what universities do, for reasons well explained by economist William Baumol of New York University’s Stern School of Business."
Faculty News

Prof. Arun Sundararajan's comments on the Facebook IPO are highlighted

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Excerpt from US News -- "'The Facebook IPO to me was just an example of a tech company pricing their stock too high when they went public,'" says Arun Sundararajan, a professor at NYU's Stern School of Business."
Faculty News

Prof. Lawrence White on a possible US credit downgrade

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Excerpt from Bloomberg -- "A down grade doesn't mean we're deadbeat, but it does mean the difference between AAA, which is 'extremely unlikely' to default versus, in S&P language, AA+, which means 'highly unlikely.' Well, after what we went through in August of 2011, how can you argue that it's still extremely unlikely? I don't think so. Highly unlikely? Probably."
Faculty News

Nobel Laureate Prof. Michael Spence shares his predictions for the global economy in 2013

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Excerpt from the Council on Foreign Relations -- "The economic outlook for the United States in 2013 is marginally brighter. The economy is adapting structurally, albeit slowly, to an altered and more sustainable growth pattern."
News

Prof. Jonathan Haidt's research on liberals and conservatives is highlighted

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Excerpt from the Boston Globe -- "People tend to think of morality along one dimension: good versus bad. But recent scholarship by Jonathan Haidt and others has identified that there can be multiple moral values commanding our attention—namely 'harm/care,' 'fairness/reciprocity,' 'in-group/loyalty,' 'authority/respect,' and 'purity/sanctity'—and has shown that liberals are more focused on harm/care while conservatives are more focused on the others."