School News

Senior Research Scholar Alain Bertaud's joint research on affordable housing is featured

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Excerpt from Yahoo Finance -- "'The solution to unaffordable housing does not consist in inventing clever regulatory gimmicks or in designing massive subsidies to be paid by the taxpayer or by a few wealthy households. The answer will always consist of increasing the supply of land and floor space and removing any land and floor regulatory straight jacket,' says Alain Bertaud, one of the authors, in the report."
Faculty News

Professor Jason Greenberg is quoted in a story on how the government shutdown has impacted restaurants

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Excerpt from Marketplace -- "'If you’re servicing the same government workers, much more localized population, then it is really about good will,” said Jason Greenberg, assistant professor of management at New York University’s Stern School of Business. 'Good will matters,' he added."
Faculty News

Professor Kristen Sosulski offers solutions for common online learning challenges

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Excerpt from eCampusNews -- "'We need to structure even informal online learning experiences to make sure they happen,' says Sosulski, who is the author of two books about online learning. 'If you just ask students to introduce themselves, don’t be surprised if that doesn’t happen.' She recommends making directions to students explicit rather than open-ended. But once discussions are under way, it doesn’t take much effort from the instructor to keep them going."
Faculty News

Professor Allen Adamson explains how Netflix's Oscar nominations for its film, Roma, will impact the brand

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Excerpt from TheStreet -- "'They're taking a page out of the HBO playbook from years ago that awards matter. It's a top- down market, and the Oscars and Golden Globes create an aura of creative excellence that trickles down,' Adamson said. 'This is a really smart long-term play for Netflix.'"
Faculty News

Professor Michael North is interviewed for a story on age discrimination in the workplace

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Excerpt from CNN -- "By 2022, 25% of the American workforce is estimated to be comprised of workers age 55 and older, according to the Bureau of Labor Statistics. But claims of age-based discrimination are already on the rise, says Michael North, assistant professor of management and organizations at New York University. Comparing the number of age discrimination complaints filed to the EEOC in 1999 to the number of claims now shows that the problem isn't going away."
Faculty News

Professor Jonathan Haidt's co-authored book, "The Coddling of the American Mind," is named as a finalist for a National Book Critic Circle Award in the nonfiction category

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Excerpt from Publishers Weekly -- "The National Book Critics Circle has announced 31 finalists in six categories––autobiography, biography, criticism, fiction, nonfiction, and poetry––for the annual National Book Critic Circle Awards. This year's autobiography category has six finalists, and author Terrance Hayes is nominated in two categories, criticism and poetry."
Faculty News

Professor Richard Sylla discusses the implications of research findings showing that 1 in 10 people pay for large purchases with cash rather than a credit card

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Excerpt from WalletHub --"People who pay cash instead of using a credit card are missing out on the increasing benefits card issuers are doing out, such as 'cash back' and frequent flyer miles."
Faculty News

In an in-depth interview, Professor Russell Winer explains the success of Apple's 1984 Super Bowl ad

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Excerpt from UPI-- "'The two things that really made it unique were the lack of any product demonstration, discussion of product features and what it could do, just the MacIntosh is coming and "1984 won't be like 1984" and the execution itself which was pretty revolutionary,' Winer told UPI. 'That was all brand new for the Super Bowl, which historically had never seen advertising with a combination of those two kinds of features.'"
Faculty News

Professor Lawrence White is quoted in a story about new research on air pollution and worker productivity

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Excerpt from SciDev.Net -- "Lawrence White, an economics professor at the Leonard N. Stern School of Business, New York University, calls this work 'another sophisticated, well-researched article in a long line of research that stretches back over five decades, showing the adverse consequences of ambient air pollution —- in this case fine particulates.'"
School News

Senior Research Scholar Alain Bertaud's introduction to the 15th Annual Demographia International Housing Affordability Survey is covered

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Excerpt from Mingtiandi -- "'High housing prices misallocate resources toward real estate at the expense of the rest of the economy,' Bertaud pointed out. 'This misallocation could eventually significantly slow down economic growth and causes a housing bubble to burst, freezing investments in the entire economy. Japan, has not yet completely recovered from its asset bubble created in the 1980s.'"
Faculty News

Professor Petra Moser's research examining the influence of copyrights on innovation is featured

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Excerpt from ORF -- (translated from German using Google Translate) "Petra Moser, together with her team at New York University, is exploring what this de-facto abolition of copyright means for the distribution and use of books - and for science in general."
Faculty News

In an in-depth interview, Professor Hila Lifshitz-Assaf discusses her research on open innovation at NASA

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Excerpt from ASQ Blog -- "And I think it proved itself in the end, that I was able to see specifically in the study which labs, which R&D professionals of those labs were adopting open innovation or not. That was not something that was easy to see even for the managers, initially, because they were doing so much of talking and kind of talking the talk but not walking the walk. And I was able to see both the talk and the walk because I was in the labs. So that made a big difference."
Faculty News

Professor Seth Freeman offers insights on effective negotiation

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Excerpt from Journal Sentinel -- "'Distributive bargaining is win-lose,' Freeman said in a recent interview, while making clear he was speaking generally and without political messaging. 'It’s hard bargaining, haggling, the perception that a negotiation is a zero-sum game, that the more I get, the less you get.'"
Faculty News

Professor Andres Liberman's joint research on the impact of information deletion in credit markets is featured

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Excerpt from Chicago Booth Review -- "Giving some consumers a clean credit slate doesn’t necessarily lead to more loans overall, research suggests. And wiping the slates for some consumers can hurt others, find New York University’s Andres Liberman, Princeton’s Christopher Neilson, the Chilean Banking Association’s Luis Opazo, and Chicago Booth’s Seth Zimmerman."
Faculty News

Professor Aswath Damodaran comments on the 10-year anniversary of bitcoin

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Excerpt from Daily Mail-- "Aswath Damodaran, NYU Professor of Finance, [sharing] his thoughts on the last 10 years of Bitcoin... said rather succinctly, ‘The hype got ahead of the actual substance. It will end up being is just another fad like Beanie Babies and Pokemon.’"
Faculty News

Professor Navin Manglani offers advice on how to declutter a computer inside and out

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Excerpt from NBC News -- "'Running out of space? [Check] your downloads folder,' says Navin Manglani, professor, Information Systems at NYU Stern. 'Many times, we think a program or other file may not have downloaded properly and may download multiple copies. Or we may not even need the dmg or exe file after we have installed the program. These programs can eat up a significant amount of space on your hard drive in your downloads folder.'"
Faculty News

Professor Amy Webb is interviewed for a story about privacy concerns in connection with the "10 Year Challenge" on social media

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Excerpt from CBS News -- "'It presented Facebook with a terrified opportunity to learn, to train their systems to better recognize small changes' in users' appearances, she told CBS News."
Faculty News

Professor Russell Winer provides suggestions for how Macy's should approach a rebrand

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Excerpt from Retail Dive -- "The flagship store here on 34th Street, frankly I think it's a mess. The workers are not particularly customer focused. They need what we call rebranding, but broader than 'we need a new logo.' Do some research into what are the associations in people's minds, what are the perceptions. 'Who's our target audience?' and 'Can you bring back that magic feeling outside of the holidays?'"
Faculty News

Professor David Yermack speaks to the growing need for regulatory compliance talent at Fintech companies

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Excerpt from Bloomberg -- "Fintech companies tend to chase product growth above all else, as is common with many venture-backed businesses. But finance is one of the most heavily regulated parts of the economy, which leaves less room for creative interpretations of the rules -- and a career opportunity for legal and compliance experts, said David Yermack, a finance professor at New York University’s Stern School of Business. 'This should be a bonanza for lawyers for some time to come.'"
Faculty News

Professor Allen Adamson shares insights on Gymboree's bankruptcy and the modern retail landscape

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Excerpt from Today -- "He also pointed out that the company sold the playgroup portion of its business, which may have been a bad idea. 'Gymboree used to be connected to an experience,' he said, 'but when they separated the two businesses, what was left was not very distinctive.'"
Faculty News

Professor Paul Romer's views on how to foster tech innovation are referenced

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Excerpt from the Financial Times -- "The economist Paul Romer, who won a 2018 Nobel Prize for research into how technological change can be transformative, recently described his concerns over policies that impede the free flow of new knowledge and insights. He believes they are especially detrimental to nations that run the danger of being left behind."
Faculty News

Professor Tülin Erdem explains why brands like Gillette are incorporating social-responsibility messaging into their marketing campaigns

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Excerpt from The Atlantic -- "'Commercial life is so much a part of the cultural landscape, compared to 20 to 30 years ago,' she says. 'Given that fact, and given that Millennials are looking for meaning, if you put the two together, I think that’s why we’re seeing [these ads].'"
Faculty News

Professor Edward Altman's research on corporate bankruptcy is referenced in a story about Lehman Brothers

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Excerpt from The Wall Street Journal -- "Several studies from corporate-finance scholars Edward Altman of NYU and Edith Hotchkiss of Boston College have found that the average expense for a major corporate bankruptcy fell between 1.4% and 3.4% of a company’s overall asset worth, the report said."
Faculty News

Professor Alixandra Barasch's joint research on the benefits of using candid photos on dating and social networking sites is spotlighted

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Excerpt from Elite Daily -- "Professor Alixandra Barasch at the NYU Stern School of Business and Professor Jonah Berger at The Wharton School at the University of Pennsylvania found that candid photos are the most well-liked when it comes to both dating apps and social media. They chronicled their findings in a paper called 'A Candid Advantage? The Social Benefits of Candid Photos' that was recently published in Social Psychological & Personality Science."
Faculty News

Professor Arun Sundararajan comments on how workers impacted by the government shutdown have turned to the sharing economy to earn money

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Excerpt from NBC News -- "'If we look at the past, a lot of the growth of the gig economy about 10 years ago was a consequence of weak job numbers and the recession,' Sundararajan said. 'So I think it’s well accepted that during times of economic downturn, whether it’s nationwide or within a particular sector, people do turn at increasing rates to the gig economy to try and make ends meet.'"

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