Faculty News

Professor Petra Moser shares why she believes industry self-regulation will not mitigate climate change in the absence of a carbon tax

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Excerpt from MIT Sloan Management Review -- “Carbon dioxide emissions create monumental social costs, which are not covered by industries that burn fossil fuels. Firms have no incentive to volunteer paying for these costs. In fact, that would be a really dumb business decision. This is a place where ‘self-regulation’ fails, and we need evidence-based government policies.”
Faculty News

Professor Robert Engle's comments at the 2018 Lujiazui Financial City Global Financial Risk Management Meeting in Shanghai are highlighted

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Excerpt from Yicai Global -- "Debt management will be more difficult once confidence within the financial system disappears, Robert Engle, a Nobel Laureate in economics, told Yicai Global, adding that slowly reducing the debt ratio of state-owned enterprises and local governments, as well as safeguarding foreign investment can help to solve this challenge. An end to the China-US trade spat will also benefit both sides, he added."
 
Faculty News

"The Coddling of the American Mind," co-authored by Professor Jonathan Haidt, is named one of the "100 Notable Books of 2018"

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Excerpt from the The New York Times -- "Expanding on their influential Atlantic article, the authors trace the culture of 'safetyism' on campus to a generation convinced of its own fragility, warning of potentially dire consequences for democracy."
Faculty News

Professor Karen Brenner identifies lessons companies can learn from the arrest of Nissan chairman Carlos Ghosn

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Excerpt from Barron's-- "'It’s easy for a board to be alert when times are tough, but it’s very important for a board to maintain their vigilance when times are good,' she continues, adding that 'sometimes boards can be deferential to an iconic CEO' such as Ghosn. (Ghosn stepped down as CEO of Nissan last year while remaining chairman.)"
Faculty News

Professor Paul Romer's work on economic growth and innovation is featured

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Excerpt from Forbes-- "Business professionals can learn a valuable lesson about the path to economic growth and innovation from Paul Romer, this year’s Nobel Prize winner in Economic Sciences (shared with William Nordhaus). Romer views the economy as a 'huge innovation discovery machine' that, in conjunction with government policy, can and should promote and provide technological innovation for everyone."
Faculty News

Professor Arun Sundararajan underscores the value of public trust in Facebook as the company faces regulatory scrutiny

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Excerpt from CNBC -- "Right now, rather than thinking about managing investor expectations, what Facebook really has to focus on is making sure that they don't lose the public trust."
Faculty News

Vice Dean of MBA Programs JP Eggers highlights the benefits Amazon's new offices will bring to New York City, including continued growth in the tech sector and potential opportunities for MBA students

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Excerpt from Poets & Quants -- "'There’s an enormous opportunity to continue the growth of the technology sector in New York City that has been booming so much the last five years,' Eggers tells P&Q, 'to the extent that New York is seen as the only real competitor to Silicon Valley in the U.S. at this point in time in terms of scale, size, and growth rate.' ... 'Obviously we are excited about this opportunity and the fact that the door to more opportunities at Amazon — especially opportunities that would be local here in New York — is a real potential option for our MBA students,' he says."
School News

Stern's Urbanization Project is highlighted in a story on urban transformation in India

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Excerpt from the Observer Research Foundation -- "At New York University’s Stern Urbanisation Project, rapid urbanisation is looked at from two perspectives – expansion of existing cities, and emergence of newer cities. MBA students at Stern work on applied research projects with municipal officials each semester on topics such as city planning in Ethiopia and Columbia, SEZ’s in Liberia, challenges faced by New York Police Department, among others. The aim is to make realistic long-term preparations for urban expansion across cities in the world, and fast track reform and mitigate global migration through start-up cities."
School News

Actor Shah Rukh Khan's visit with Stern undergraduate students and Geeta Menon, Dean of the Undergraduate College, is featured

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Excerpt from The Times of India -- "SRK recently visit NYU Stern School in New York where he met and interacted with students. The actor posed with the Dean of the college."
Faculty News

Professor Melissa Schilling's book, "Quirky," is reviewed

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Excerpt from Machine Design-- "Quirky illustrates a common thread among these geniuses and asks whether it’s possible to teach someone how to become one of the greats. In short, no—it isn’t. However, there are things that could aid or create an environment to yield people who are more aware of (and capable of) innovation on a grand scale."
Faculty News

Professor Adam Alter's book "Irresistible," is referenced in a story on technology-related stress

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Excerpt from Forbes-- "In his book Irresistible, NYU Stern School of Business professor Adam Alter summarizes the research about the irresistible urge to use technology, and the businesses that spend millions of dollars to keep you hooked. Guidelines suggest that you should spend less than an hour a day on our phones, yet research shows that only 12% of phone users meet that criteria – that means 88% of people overuse, with the overall average being three hours. Alter goes on to detail a survey of young adults that revealed that 46% of them said they would rather break a bone than break their phone – and many of the 54% who said they’d rather have a broken phone agonized about that decision."
Faculty News

Professor Richard Sylla is quoted in a story on Jeff Bezos' comments on corporate longevity

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Excerpt from Forbes-- "'Of course young companies outnumber the old,' says Sylla. 'Many of the largest companies started between 1880 and 1920, but many more have grown large after 1950 so they wouldn't quite be centenarians. Yet.'"
Faculty News

In a Q&A interview, Professor Dolly Chugh shares insights from her book, "The Person You Mean to Be"

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Excerpt from Heleo-- "I am trained as a social psychologist and we tend to think of the world through the lens of individual people and small groups, not large systems and structures. But, through the interviews I did for the book, it became clear I was really missing something by not exploring the systemic perspective and its relationship to our unconscious biases. I turned to the work of sociologists, economists, political scientists, historians, and others to broaden my understanding."
Research Center Events

Saru Jayaraman of ROC United Shares Insights on Labor in the Restaurant Industry at 13th Haitkin Lecture

Saru Jayaraman
Saru Jayaraman, co-founder and co-director of the Restaurant Opportunities Centers United (ROC United) and director of the Food Labor Research Center at the University of California, Berkeley, delivered the 13th annual Haitkin Lecture, hosted by NYU Stern’s Business & Society Program on November 15, 2018.
Faculty News

Professor Ari Ginsberg explains Long Island City's appeal as an office location for Amazon

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Excerpt from amNewYork-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"
School News

Assistant Dean of Executive Programs Roy Lee highlights Stern's MS in Business Analytics program in a trend story on specialized master's degrees

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Excerpt from MiM Guide -- "'Analytics is a tool kit — it’s a starting point. In order to make analytics useful you need to marry it with domain knowledge, expertise and creativity,' Lee says, adding that 'our objective is to teach students how to use data to make strategic decisions that lead to actionable results.'"
Press Releases

NYU to Set Up a Program in Los Angeles for Students in the Arts and Creative Professions

Henry Kaufman Management Center
NYU – home to some of the most respected programs in the cinematic and performing arts, emerging media, technology, and business entertainment, and widely known for its extensive global presence – will be launching a new program in Los Angeles.
Press Releases

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NYU Stern faculty are available to offer perspectives on the future of technology regulation. The following professors can share their recommendations on how the government should address industry issues, offer suggestions for developing and enforcing legislation, comment on the challenges and opportunities that lie ahead for tech companies, and explain the potential impact on consumers.   
Research Center Events

Panel on Financial Inclusion

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The NYU Stern Center for Global Economy and Business will host a panel discussion on Financial Inclusion on November 15, 2018.
Faculty News

Professor Aswath Damodaran's views on GE's stock price are featured

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Excerpt from Bloomberg-- "'I believe that the market has over-corrected for GE’s many faults, and at the current stock price, that it is significantly undervalued,’ Aswath Damodaran, a finance professor at New York University, said Wednesday in an analysis on his website."
Faculty News

Professor Ari Ginsberg is quoted in a story on how Amazon’s new offices may impact Long Island City

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Excerpt from UPI-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"
Faculty News

Professor Paul Hardart discusses the impact of Nike's decision to feature Colin Kaepernick in its "Just Do It" campaign on its stock price

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Excerpt from Daily Mail-- "'Their target was younger, urban people, and the people that are burning their Nikes - I think [Nike is] OK with that,' he continued. 'Obviously they don't want to lose customers, but they are going after their target, which is what you should do in marketing.'"
Faculty News

Professor Vasant Dhar is quoted in a story on the complexities of using AI to analyze legal data

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Excerpt from Financial Times-- "'The context is always different and the law is always changing,' says Vasant Dhar, professor of information systems at New York University’s Stern School of Business. 'That makes it a messy arena for AI to operate in.'"
Faculty News

Professor Aaron Tenenbein explains the statistical probability of Robert Bailey winning the New York Lottery by playing the same numbers for 25 years

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Excerpt from the The New York Times -- "Aaron Tenenbein, a statistics professor at New York University’s Leonard N. Stern School of Business, estimated Mr. Bailey’s odds would have been 1 out of 115,385. 'It doesn’t matter if he’s playing the same number; it’s still the same chance,' Mr. Tenenbein said. In other words: 'It’s pure luck.'"
School News

Stern's "Doing Business in..." (DBi) course offerings are highlighted

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Excerpt from mbaMission -- "New York University’s (NYU’s) Stern School of Business provides ample opportunity for its students to spend time abroad during one- or two-week trips, through its 'Doing Business in…' (DBi) program. DBi trips take place between the fall and winter semesters, during spring break, and in May (after classes conclude). Each course (trip) is tailored to its specific locale and includes a mix of lectures given by Stern faculty as well as by local business practitioners and/or government representatives."

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