Faculty News

The Dunning-Kruger effect, joint research by Professor Justin Kruger, is referenced

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Excerpt from the The New York Times-- "The answer, probably, is the Dunning-Kruger effect: inept people are often confident in their abilities, because they’re too inept to know how badly they’re doing."
Faculty News

Professor Arun Sundararajan comments on Airbnb's entrance into the housing market through Backyard, a new initiative introducing prototype mixed-use homes

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Excerpt from The Washington Post-- "'Today's Airbnbs are homes that are built for personal use that are somehow being adapted for occasional commercial use, but the next step is to rethink the home so that mixed-use is there from the get-go,' Sundararajan said."
School News

Assistant Dean of Executive Programs Roy Lee shares how the MS in Business Analytics program prepares its students to translate data into strategic impact for their organizations

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Excerpt from Analytics Insight -- "'Our students gain a sense of confidence and credibility. Post-graduation, our students gain confidence by having technical capabilities to speak the language to understand how to work with data and become a translator of that information, or a disruptor of business thought and strategy in a positive and impactful way,' said Roy."
 
Faculty News

Professor Michael Pollack is profiled and explains how surviving a terror attack in Mumbai has influenced his life and work

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Excerpt from the The New York Post -- "'I really press my students in my entrepreneurship class to get over their fears and really do something,' says Pollack. 'In ethical philosophy, I tell them to contemplate owning their time and not living their parents’ dreams, but living their own.'"
Faculty News

In an interview, Professor Arun Sundararajan discusses the importance of Facebook establishing public trust

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Excerpt from CNBC -- "This is a point in time where [Facebook CEO Mark Zuckerberg] should be stepping up in front of the cameras, in front of the government regulators and reassuring them that Facebook is worthy of the public trust."
Faculty News

Professor David Yermack is interviewed about his joint research on nonprofits' investment returns

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Excerpt from The Wall Street Journal -- "'You could have done better just by investing in Treasurys,' Prof. Yermack said in an interview, 'and that’s pretty sorry.'"
Research Center Events

Center for Sustainable Business Hosts Panel Discussion on Impact Investing in the Creative Economy

From left to right: Sophie Rifkin, Sam Marks, Laura Callanan, Ward Wolff, Anna-Marie Wascher and Brian Murray
On Wednesday, November 28, NYU Stern’s Center for Sustainable Business hosted a panel discussion entitled, “Impact Investing in the Creative Economy.”
Faculty News

In a Q&A interview, Professor Michael North shares advice for managers on how to foster a multigenerational work environment

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Excerpt from Deloitte blog-- "Social Psychology research teaches us that to reduce intergroup conflict, leaders need to focus on superordinate goals, such as the overarching shared goal you have as an organization. We need to switch the frame away from ‘old vs young’ or ‘senior vs junior’, to focusing on the shared business outcomes we are trying to achieve together."
Faculty News

Professor Kristen Sosulski shares the value of data visualization for executives and managers

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Excerpt from WFN1 CEO Money Business Show -- "I believe data visualization is a leadership skill for managers and executives. It's a way to create a culture within your business... a data-sharing culture."
Faculty News

Professor Dolly Chugh shares how to foster equity and inclusion, from her book, "The Person You Mean to Be"

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Excerpt from WGN Radio -- "What I was trying to do with the book and trying to do for myself in my daily life is to hold up my best self...as a reminder and to be and be a little unflinching in acknowledging the gaps. And as a social scientist those gaps are actually not a huge surprise. We know where they come from in the human mind, so once we see those gaps we can start doing the work of addressing them."
 
Faculty News

Professor Thomas Philippon's research on corporate investment is cited on a story on acquisitions of small tech companies

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Excerpt from the The New York Times-- "The ability of large, cash-rich companies to buy smaller businesses before they have the chance to emerge as formidable competitors has altered the corporate landscape, said Thomas Philippon, a professor of economics at New York University, who has studied the increased dominance of large companies in many American industries. 'What would have happened to Instagram if Facebook hadn’t had bought them?' Mr. Philippon said. 'They would have competed with Facebook for sure.'"
Faculty News

Professor Petra Moser is quoted in a story on new research on innovation in the US

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Excerpt from The Washington Post-- "Petra Moser, a New York University Stern School of Business economist, has long studied patents and innovation, most notably in a widely cited analysis of two 19th-century world’s fairs. Patents don’t capture every human advance, she said, but 'they’re our most complete record of innovation.'"
Faculty News

Professor Ari Ginsberg is quoted in a story on how Amazon's new headquarters in New York will benefit the city

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Excerpt from NBC News-- "Ginsberg noted that the city and state aren't cutting Amazon a check — they're giving the company a break on state and city taxes it will be paying, money they wouldn't be getting otherwise. The state and the city say even with the breaks, the deal will create $27.5 billion in tax revenue over the next 25 years — a 9-to-1 payout on the investment."
Faculty News

Executive-in-Residence Richard Berner points to corporate borrowing as a risk to the economy

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Excerpt from CNN-- "'The regulators have not taken preventive action to prevent the buildup of risk,' says Richard Berner, who until last year ran the Treasury Department's Office of Financial Research. 'So they have to think about what they do when bad things happen.'"
Faculty News

Professor Russell Winer discusses how year-round online shopping may make Cyber Monday obsolete

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Excerpt from Metro -- "'Due to Amazon, I think more retailers are offering deals year round,' he said. 'People are becoming a little bit, I’d say, skeptical about whether or not you’re going to get the best deal on Cyber Monday.'"
Faculty News

Professor Adam Alter shares tips to combat email addiction, from his book, "Irresistible"

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Excerpt from Fast Company-- “'Seventy-five percent of Americans can reach their phones without moving their feet 24 hours a day,' says Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'It’s easier to resist the charms of your inbox if it’s not within reach.'"
School News

Full-time MBA students Edgar Corona, Sam Daly, Surabhi Khanna, Tiffaine Stephens and Allison Wilson are profiled in “The Real Humans of the MBA Class of 2020” series

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Excerpt from Clear Admit -- "Eckerle discussed 'Why Sustainability Makes Dollars and Sense,' highlighting that when a company includes sustainability in their strategy and practice, it helps improve their efficiency, brand reputation, employee engagement, profitability and stock price performance. This raised important insight into the side of sustainability people don’t think of right away – analyzing how taking sustainable action not only protects our environment, but can also bolster profitability and higher levels of consumer engagement – providing greater incentives for companies to take higher sustainable action."
Research Center Events

Sustainable Protein: How Tech and Finance are Disrupting and Innovating for the Future

Kaufman Management Center
On November 26, join the NYU Stern Center for Sustainable Business, the NYU Department of Environmental Studies and the Environmental Humanities Initiative to learn about the exciting new world and investor opportunities of sustainable protein.
Faculty News

Professor Alixandra Barasch explains why retailers are investing in unique in-store customer experiences

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Excerpt from amNewYork-- "'The extra utility that consumers get from experiencing and playing ... it's almost like an artistic expression,' she added. 'In terms of getting people into physical stores, this is necessary. It's innovation that this is coming out of a dying medium, they have to.'"
Faculty News

Professors Tülin Erdem and Thomaï Serdari are interviewed about the impact of Dolce & Gabbana's controversial ad campaign

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Excerpt from the CNN-- "'This is a big brand crisis,' said Tulin Erdem, a professor of marketing at NYU's Stern business school. 'Sometimes brands do recover ... but on a scale of 1-10, [this is] really high up.' ... 'People are really influenced by what's happening online,' [Serdari] said. 'They do shop primarily online, and they're excellent researchers,' she said. They 'have experience in the luxury market and they really know what they're buying.'"
Faculty News

Professor Edward Altman explains his "Z-Score" research and shares his views on the global economy

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Excerpt from Il Sole 24 Ore -- (translated from Italian using Google Translate) "'There is a direct correlation between the economic slowdown and the rate of corporate bankruptcies,'..."
Faculty News

"The Coddling of the American Mind," co-authored by Professor Jonathan Haidt, is named to the "Best Books of 2018" for politics

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Excerpt from Financial Times-- "Two liberal academics take on what they portray as an epidemic of 'safetyism' in American universities that is threatening free speech and scholarly debate. The authors offer a tour of this new world, incorporating safe spaces, trigger warnings, micro-aggressions and de-platforming."
Faculty News

Professor Russell Winer offers advice for identifying authentic online beauty reviews as fake product reviews continue to rise

Excerpt from the Glamour-- "'Trust and authenticity are keys to buyers today, particularly millennials,' says Russell Winer, Ph.D., a professor and the deputy chair of the marketing department at NYU Stern School of Business. 'If that is destroyed, a company can be seriously hurt.'"
Faculty News

Professor and Vice Dean of MBA Programs JP Eggers is quoted in a story on the opportunities that Amazon's new offices will bring to the b-school community

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Excerpt from TopMBA -- "J.P. Eggers, Vice Dean of MBA Programs at Stern, suggested the school is both fully aware of the opportunity the move will provide and ready to play a big part in its success: 'We are thrilled that soon, Amazon will be in our backyard, providing an opportunity to leverage our unique locational endowment, as we do with many companies, to further the already strong connections between us.'"
Faculty News

Professor Tülin Erdem is quoted in a feature story on Black Friday

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Excerpt from the The New York Times -- "'The economic savings, feeling good about yourself having found a good deal, being a shrewd consumer,' she said, all add up to one key factor. Plus, because so many stores offer Black Friday sales, it’s easier to find discounts without having to search as hard as you might during the rest of the year. But, Dr. Erdem said, another reason Black Friday remains so popular is tradition."

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