Faculty News

Professor Sinziana Dorobantu comments on the potential impact of Charter Communications' labor dispute with its technicians

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Excerpt from The Stamford Advocate -- "It’s really important for companies to pay attention to all of their stakeholders,' said Sinziana Dorobantu, an assistant professor of management and organizations in New York University’s business school. 'It’s pretty obvious that employees are very important stakeholders for any company, in particular for companies like Charter that are relying on people out there in the field who interact with their customers on a regular basis.'"
Faculty News

Professor Adam Alter shares how using social media exclusively from a desktop can help reduce its addictive nature

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Excerpt from WIRED -- "It’s not as fun to use social media on a computer—and that’s a good thing, says Adam Alter, a professor at NYU’s Stern School of Business and author of the book Irresistible, which charts the rise of addictive technology. 'The feed doesn’t progress quite as neatly as when you're using a very simple finger swipe gesture,' he says. 'You have to scroll the mouse or do something that requires a little extra effort, and even that little bit of extra effort can have an effect on how we experience the world.'"
Faculty News

Professor Arun Sundararajan explains why retailers have a natural synergy with sharing economy platforms such as Handy and TaskRabbit

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Excerpt from WIRED -- "'Online retail is going to grow dramatically in the next decade. It’s under 10 percent now, but there’s no reason it won’t be over 20 percent in five years,' says Arun Sundararajan, a business professor at NYU and author of The Sharing Economy. 'Physical-world extensions of digital commerce are going to be an increasingly important part of the retail experience.'"
Faculty News

Professor David Yermack shares his thoughts on regulation and security of virtual currencies

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Excerpt from Reuters -- "'These are new assets. No one really knows what to make of them,' said David L. Yermack, chairman of the finance department at New York University’s Stern School of Business. 'If you’re a consumer, there’s nothing to protect you.'"
Faculty News

Professor Alexander Ljungqvist's joint research on corporate investments and Professor Thomas Philippon and PhD student Germán Gutiérrez's joint research on investment in US firms is featured

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Excerpt from Bloomberg -- "A 2010 paper by economists John Asker, Joan Farre-Mensa and Alexander Ljungqvist found that closely held companies tend to invest more than similar publicly listed companies, and also tend to be quicker to respond to new investment opportunities. ... Meanwhile, economists German Gutierrez and Thomas Philippon have a recent paper investigating the causes of low business investment. They find that the more public companies are owned by institutional investors, the less they tend to invest."
Faculty News

Professor Arun Sundararajan is interviewed about the future of Amazon, Apple and Google and the role artificial intelligence will play in their successes

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Excerpt from Fox Business -- "If I look forward 10 years, we will be speaking to our devices rather than pressing them. All of these services - healthcare, retail - will be integrated tightly into this intelligent device. So Apple, Google and Amazon are all battling to be the device that you talk to." (0:37)
Faculty News

Professor Melissa Schilling's research underscoring the importance of cognitive diversity on research teams is referenced

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Excerpt from The Washington Post -- "Analyses by a diverse group of scholars including Brian Uzzi, Daniel Romero, Lada Adamic, Richard Freeman, Melissa Schilling and Brian Jones shows that the best research and patents is produced by cognitively diverse teams. Some of these studies cover upward of 20 million papers and 5 million patents."
Faculty News

Professor Alixandra Barasch's joint research on the impact of using a candid profile photo on social media is highlighted

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Excerpt from Knowledge@Wharton -- "In, 'A Candid Advantage? The Social Benefits of Candid Photos,' Berger and co-author Alixandra Barasch of New York University compare audience reactions to posed vs. candid photos in online profiles. When observers viewed profiles that displayed unvarnished images — or those that seemed to be unvarnished — they reported feeling more connected to those people and more interested in getting to know them."
Faculty News

Professor Jonathan Haidt's work on the influence of morality on political viewpoints is referenced

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Excerpt from The New York Times -- "In contrast to Republican primary voters who supported candidates other than Trump, they noted, voters who supported him 'score high on authority/loyalty/sanctity and low on care.' These voters, according to Ekins and Haidt, 'are the true authoritarians — they value obedience while scoring low on compassion.'"
Faculty News

Professor Scott Galloway shares his views on Facebook's controversial advertising segments

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Excerpt from The New York Times -- "Scott Galloway, a marketing professor at New York University and author of a forthcoming book on the big tech companies, said Facebook should not necessarily ban content that celebrates institutions like the Confederacy or the Wehrmacht and advertising that targets people interested in these subjects. But he said allowing this content and selling ads around it should reflect on Facebook the same way it would reflect on, say, CNN or The Washington Post. 'I think it’s fairly cut and dried,' he said. 'Their responsibility is the same as any other media company.'"
Faculty News

In an op-ed, Research Scholar Elad Sherf offers insights on engaging men in workplace gender parity initiatives

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Excerpt from the Harvard Business Review -- "The lack of men’s involvement in gender parity initiatives is a problem. Participation in such initiatives can help change men’s minds about the importance of gender parity at work. For example, research suggest that even men who initially hold negative or sexist attitudes regarding the role of women in the workplace become more supportive of gender parity programs (more effectively implement them, for example) when they are actively included in conversations about such programs."
Faculty News

Professor Scott Galloway comments on the increased popularity of co-working spaces

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Excerpt from NPR -- "It's a business model that's relatively easy to replicate, so companies like WeWork are vulnerable, says New York University marketing professor Scott Galloway. 'There are a lot of organizations that own real estate that could probably offer somewhat of a me-too model,' including hotels, he says."
Faculty News

Professor Aswath Damodaran shares his views on bitcoin's status as a currency

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Excerpt from CNBC -- "'It's not acting as a currency,' Damodaran said. 'The plumber has to say: "I accept dollars or Bitcoin." Would you be willing to put Bitcoin in your pocket and leave for a one-year trip knowing you're going to survive? We're no where near that comfort.'"
Faculty News

Professor Adam Alter shares insights from his research on the impact of names on a person's success

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Excerpt from CBS -- "In law firms, Alter says, people with simple names tend to make partner faster. In politics, with the notable exception of former President Barack Obama, fewer syllables generally mean more votes. 'People vote more for people with simpler names,' he said. 'We've got some results showing that.'"
Faculty News

Professor Arun Sundararajan discusses the implications of Uber's ban in London

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Excerpt from CNN -- "'It's important that this not start some sort of domino effect across the rest of Europe,' said Sundararajan. ‘It wouldn't surprise me if more cities start to push back heavily because they're trying to preserve their power.'"
Faculty News

Professor Robert Seamans explains how secondary ticket markets benefit consumers

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Excerpt from Ticket News -- "...Professor Seamans points out that 'making resale more difficult for the public can net a negative effect because the market will always do better when search is more accessible'. No matter the prices, a search engine inquiry that returns only one website off of which a consumer can actually purchase what they’re looking for is not good business for the consumer, the venue, the artist or team and their promoter, or really anyone else involved. In short, he states that 'in general, consumers are better off when the secondary market is active'."
Faculty News

Professor Jonathan Haidt is interviewed about viewpoint diversity on college campuses

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Excerpt from the Financial Times -- "'It’s the meltdown of a major American institution,' says NYU sociology professor Jonathan Haidt, who has co-founded a non-profit group, Heterodox Academy, to advocate for viewpoint diversity and free inquiry on US campuses. While Haidt is a centrist who has never voted for a Republican, he is disturbed by the culling of conservative voices on campuses."
Faculty News

Professor Justin Kruger's joint research on self-perception is referenced

Excerpt from the New York Daily News -- "Dozens of studies conducted and inspired by psychologists David Dunning and Justin Kruger show that poor performers are especially prone to delusions: They overestimate their talents, including logical reasoning, grammar, humor, debating, interviewing, management and emotional skills. The weaker their skills, including interpersonal skills, the more that people exaggerate them in their own minds."
Faculty News

Professor Scott Galloway is interviewed about Amazon's plans to open a new Manhattan office

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Excerpt from AM New York -- "... Scott Galloway, an NYU professor of marketing who has written a forthcoming book on Amazon called 'THE FOUR: The Hidden DNA of Amazon, Apple, Facebook and Google,' both believe that Amazon already has its sight set on one — or a few — HQ2 sites. 'I think Amazon has already decided to be in New York, and they’re just going through the RFP process to produce a term sheet that New York feels compelled to match,' Galloway said."
Faculty News

Professor Robert Whitelaw comments on ESG investing; Research from Stern's Center for Business and Human Rights is featured

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Excerpt from The Economist -- "Robert Whitelaw, a professor at New York University’s Stern School of Business, says that the conflicting analyses reflect the broader results of more complex efforts aimed at tracking results from ('virtuous') companies that would qualify for these funds."
Faculty News

Professor Michael North shares tips for new employees and job applicants to navigate questions about their former employers

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Excerpt from MEL -- "'These might sound trite, but phrases such as, "It wasn’t a good match," "It wasn’t the right fit," or, "We faced some challenges" can work,' North says."
Faculty News

Professor Scott Galloway discusses Facebook's influence in politics

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Excerpt from NPR -- "When you have what is arguably the most successful company of the last decade weaponized to undermine our democracy, it rattles our cages and it should. ... We have foreign adversarial entities using a credit card and the Facebook platform to spread fake news and create chaos within our electoral process."
Faculty News

Professor Simon Bowmaker is named to the Poets & Quants 2017 "Top 40 Undergraduate Professors" list

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Excerpt from Poets & Quants -- "When teaching Microeconomics to 300 Stern undergraduates, Bowmaker is known to takes the time to learn every single student’s name so that he can get everyone’s contributions during class. When researching economics, he’s not merely fascinated by the application of it, he’s equally passionate about the working lives of other professionals in the field. This is evidenced by two of his published books, The Heart of Teaching Economics: Lessons from Leading Minds and The Art and Practice of Economics Research: Lessons from Leading Minds, which feature one-to-one interviews with some of the top economists in Europe and in the United States."
Faculty News

Professor Edward Altman's work on corporate bankruptcy patterns is referenced

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Excerpt from Bloomberg -- "Hundreds of companies throughout history have filed for bankruptcy twice, according to New York University finance professor Edward Altman, who tracks repeat filers and helped coin the phrase 'Chapter 22' in 1993."
Faculty News

Professor Jason Greenberg shares insights on affordable travel

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Excerpt from WalletHub -- "If someone is agnostic about where to travel -- say she simply wants to visit Italy, broadly defined -- I think a good piece of advice is to travel to "second" cities that are less crowded and more reasonably priced. For example, rather than visiting Rome or Florence, go to Parma or Bologna. If someone must see Rome or Florence, and has a tight budget, I would plan on traveling off-season, right before or after the core tourist season, and look for travel, lodging, and entertainment coupons and deals."

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