Faculty News

Professor Petra Moser's research on immigrants' contributions to innovation is highlighted

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Excerpt from NPR -- "A 2013 study by Stanford economist Petra Moser showed that U.S. patents increased by 31 percent in the fields these scientists represented after their arrival. 'German Jewish émigrés had a huge effect on U.S. innovation,' Moser told an interviewer. 'They helped increase the quality of research by training a new generation of American scientists, who then became productive researchers in their own rights.'"
Faculty News

Professor Anindya Ghose discusses how traditional retailers can compete with Amazon

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Excerpt from NBC News -- "'They need to massively strengthen their presence and expertise in internet commerce and mobile commerce in order to even have a chance of meaningfully competing with online behemoths like Amazon. Otherwise, the chance of their survival is low,' Anindya Ghose, a professor at New York University’s Stern School of Business, told NBC News."
Faculty News

Professor Vasant Dhar is interviewed about NYU's new PhD program in data science

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Excerpt from Bloomberg -- "NYU professors discussed this question at length and decided that data science is sufficiently distinct from computer science and statistics and deserves its own academic center and shingle, said Vasant Dhar, a professor of data science who helped start the Ph.D. program. The field, which seeks to discover knowledge from data, is very interdisciplinary, incorporating everything from linguistics and psychology to neurology. 'NYU is willing to take chances and be innovative and somewhat unconventional, and it’s also part of the DNA of the university,' said Dhar. 'We do expect some schools will adopt Ph.D. programs in this field.'"
Faculty News

Professor Robert Salomon shares his views on the renegotiation of NAFTA

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Excerpt from Xinhua -- "'After all, it is a free-trade agreement. It is not a trade agreement with trade barriers, and so if the trump administration tries to push that protectionist agenda, I would expect Canada and Mexico to push back rather strongly,' Salomon said."
Faculty News

Professor Tülin Erdem's testimony in the FTC's lawsuit against DirecTV is featured

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Excerpt from Law360 -- "On Monday, Erdem — who has testified in other high-profile cases like Apple v. Samsung and MobileMedia Ideas LLC v. Apple Inc. — said she spent 250 hours examining DirecTV’s 116 ads. Ultimately, she found that the disclosures in those ads were not clear or conspicuous, by performing a series of tests using a single-page print ad. First, she made small changes to the print ad so that the disclosures were more prominent. She then asked test participants a series of questions to determine if they understood the terms of DirecTV’s contract and its monthly subscription price based on the ad."
Faculty News

Professor Arun Sundararajan comments on Uber's search for a new CEO

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Excerpt from The Washington Post -- "'In many ways they are better suited choosing an executive that is not drafted from the Silicon Valley, social media software world, but someone who has experience dealing with a global business that is diversified,' Sundararajan said."
Faculty News

Professor Paul Wachtel is interviewed about the impact of the renegotiation of NAFTA on US trade deficits

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Excerpt from Xinhua -- "Trade negotiations lead to agreements regarding the rules for trading, which generally lead to more trade that can change a trade balance in any direction, said Paul Wachtel, a New York University economics professor. 'The negotiations are not going to have any direct consequences for the U.S. trade deficit,' said Wachtel."
Faculty News

Professor JP Eggers is interviewed about the potential ramifications of President Trump's disbanded business advisory councils

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Excerpt from Al Jazeera -- "When we reach a point that the President introduces any sort of significant economic legislation and wants to try and claim that this has been thought out and vetted by senior business leaders before it's been brought to congress, at that moment it will be difficult to kind of credibly claim that, given the lack of CEO councils."
Faculty News

Professor Pankaj Ghemawat is interviewed about his research on globalization and the state of global trade

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Excerpt from Marketplace -- "We are unlikely to live in a world in which globalization goes to zero. Given that, it's important for business people and others to make some contingency plans about what does happen if we get a hard Brexit, or what does happen if the NAFTA re-negotiations, whenever they conclude, do lead to a significant raising of barriers. But I think it's very, very silly to either plan for a world of either total free trade or a trade-free world."
Faculty News

Professor Priya Raghubir's research on misprediction bias and dating behaviors is featured

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Excerpt from MetroMBA -- "Entitled 'Decomposing the Cross-Sex Misprediction Bias of Dating Behaviors: Do Men Overestimate or Women Underreport Their Sexual Intentions,' Stern Professor and Marketing Department Chair Priya Raghubir says her goal was to 'set the record straight on prediction bias across sexes.'"
Faculty News

Professor Samuel Craig discusses WWE's international expansion

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Excerpt from the Stamford Advocate -- "'The key thing to do in expanding into any country is try to find a strong partner,' Craig said. 'For WWE, the model allows them to expand. For the local partner, it gives them additional content that basically represents an annuity that keeps providing revenues month after month and year after year.'"
Faculty News

Professor Alixandra Barasch’s research on the connection between taking photos and visual memory is featured in a story about experiencing the solar eclipse

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Excerpt from The New York Times -- "Dr. Barasch said she too initially suspected that casual photography was removing people from the moment. 'But as we collected more and more data over the course of five or six years, we kept finding that photo taking was actually immersing people more in experiences,' she said."
Faculty News

Professor Scott Galloway shares insights on why business leaders have distanced themselves from President Trump

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Excerpt from the Financial Times -- "'Companies tend to think of their consumers and shareholders first. They say, "I don’t want a Twitter riot" and then "I don’t want analysts to worry that it’s going to impact my short-term sales and take my stock down",' said Mr Galloway."
Faculty News

Professor Ari Ginsberg discusses the potential impact of NAFTA's renegotiation for entrepreneurs and small business owners

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Excerpt from Inc. -- "'Updating NAFTA and creating stronger balances between countries rights and needs, that's all in the right direction,' says Ari Ginsberg, a professor of entrepreneurship with a focus on international business at NYU's Stern School of Business. He's particularly heartened that the U.S. has called for the establishment of a special committee to ensure that the needs of small- to medium-size businesses are considered in the broader agreement. 'The signals are much more positive than before for small businesses,' Ginsberg says."
Faculty News

Professor Alixandra Barasch's research on the impact of taking photos on visual memory is spotlighted

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Excerpt from the Daily Mail -- "'These findings suggest that having a camera changes how people approach an experience in a fundamental way,' the authors said, according to Science Daily. 'Even when people don't take a photo of a particular object, like a sculpture, but have a camera with them and the intention to take photos, they remember that sculpture better than people who did not have a camera with them.'"
Faculty News

Professor Irving Schenkler shares insights on whether businesses should comment on political issues

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Excerpt from Footwear News -- "'I would not agree that all companies need or should "take a stand,"' Schenkler said. '[It] depends on the issue: Is it a core value for the company? What is the perspective of principal stakeholders on it? How does it affect corporate reputation? How is it tied to corporate identity and image?'"
Faculty News

Professor Roy Smith comments on Goldman Sachs' bridge loans to Discovery Communications and Amazon

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Excerpt from Bloomberg Quint -- "If you get it right, 'it’s very likely that you can hang onto three pieces of financing in one deal,' said Roy Smith, a former Goldman Sachs partner who’s now a finance professor at New York University’s Stern School of Business. 'It’s a natural business and a natural place for them to be.' If you get it wrong, though, 'bridge loans can hand your head to you,' Smith said."
Faculty News

Professor Arun Sundararajan shares insights on achieving inclusive economic growth

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Excerpt from the Morgan Stanley Ideas Podcast -- "The most important guideline for achieving inclusive growth is simply to make it an important objective. I think that the more a country decides that they want its growth to be broad-based, that they want it to measure inequality and changes in inequality as a success metric rather than simply measuring the totals, the more likely it is the country will achieve that. I think a mindset where you realize that business can be a really critical agent of social change and that progress in economy is often driven by business and so the costing of business as the force of change as opposed to the accumulator of capital is also an important part of shaping the dialogue."
Faculty News

Professor Tensie Whelan comments on the resignation of several business leaders from President Trump's advisory councils

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Excerpt from Mic -- "'Increasingly citizens are holding businesses accountable,' added Tensie Whelan, a professor of business and society at the New York University Stern School of Business. 'It isn’t really an option to say nothing, you have to stand up and be counted.'"
Faculty News

Professor Arun Sundararajan is interviewed about China’s ride sharing industry

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Excerpt from CGTN -- "'I think that we need to look beyond the rent-a-car from a station model and towards the peer-to-peer models. So if you take the analogy of the United States, look beyond the Car2go model or the Drive Now model and towards the models of Getaround and Turo, where an individual can rent a car from another individual rather than picking it up off a station on the street.'"
Faculty News

Professor Scott Galloway discusses the departure of several CEOs from President Trump's advisory councils

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Excerpt from The New York Times -- "'The risk calculus has changed dramatically,' said Scott Galloway, a professor at New York University Business School, who sits on several corporate boards. 'Yes, you may risk a tweet from Trump. But his tweets are increasingly flaccid.'"
Faculty News

Professor Richard Sylla discusses why business leaders are leaving President Donald Trump's manufacturing advisory councils

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Excerpt from NBC News -- "So while there are disagreements, 'Usually it's over business issues,' said Richard Sylla, a professor of economics at the New York University Stern School of Business. But here, 'the business leaders are taking a moral stance on fundamental American issues.'"
Faculty News

Professor Aswath Damodaran's thoughts on Tesla's market valuation are featured

Excerpt from NASDAQ -- "Despite the bullish Tesla takes on Monday, a New York University finance professor said on Friday that he thinks one of the company's recent moves is very strange. Aswath Damodaran, who is regarded as a company valuation expert said he doesn't understand why a company that is losing cash, like Tesla, chose to raise its debt total and not sell stock."
Faculty News

Professor Alixandra Barasch's research on photo taking and memory is featured

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Excerpt from WIRED -- "'People feel very strongly that when they take photos it’s taking them out of the moment,' says Alixandra Barasch, a researcher at NYU who studies the effects of taking photos. 'Yet after years of running studies, we kept on finding over and over again that there were all of these positive aspects of photo-taking, as well.'"
Faculty News

Professor Stijn Van Nieuwerburgh's work on European Safe Bonds is referenced

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Excerpt from the Financial Times -- "European safe bonds were first proposed by a group of European economists in 2011. In May this year a European Commission paper advocated the creation of a market for the debt, which could generate bonds with varying levels of risk."

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