Experience Stern | News & Events

Excerpt from Washington Square News -- "They've handled payments for virtual-space (online) merchants in the past and that's where their presence is ... The pop-up store will help them draw in physical-space merchants and get them aware of PayPal as a payment option."  Additional coverage appeared on UWire.

Excerpt from Reuters -- "Credit unions are an alternative source for the kind of services a bank provides ... I'm hoping they would see the un-banked as part of their mission. That would be the most socially worthwhile thing they could do."  Additional coverage appeared in the Baltimore Sun and Yahoo! Finance.

Excerpt from Targeted News Service -- "Women executives, business owners, and entrepreneurs engaged in a discussion with White House Office of Public Engagement Senior Policy Advisor Bibi Hidalgo, NYU Stern School of Business' Senior Associate Director of the Berkley Center for Entrepreneurship & Innovation Cynthia Franklin, Managing Director of Golden Seeds Peggy Wallace, and Manhattan Chamber of Commerce President Nancy Ploeger on reaching the next level of success."  Additional coverage appeared in Congressional Documents and Publications.

Excerpt from BigThink -- "This paper by Jonathan Haidt, John Sabini, Dena Gromet, John Darley on 'What exactly makes revenge sweet? How anger is satisfied in real life and at the movies,' finds that women report taking a bit less satisfaction than men in avenged personal slights."

Excerpt from Bloomberg Businessweek -- "A Greek default could trigger a global economic shock on the scale of that suffered after Lehman Brother Holdings Inc.’s 2008 failure, said Nouriel Roubini."  Additional coverage appeared in Bloomberg Businesswee, four Bloomberg pieces, Yahoo! News blog, The Economist blog, Bloomberg Markets, New York Post, Boston Globe blog, two CNBC pieces, Barron's blog, The New York Times and Financial Times.

Excerpt from The Wall Street Journal -- "Over time, what we might call the Jobs Economy led to a jobs economy. In the past quarter-century, Apple and innovative companies like it yielded employment for a whole region, Silicon Valley; an improvement in America's standard of living with the creation of personal computing; and productivity gains throughout the economy."  Additional coverage appeared on History News Network and Future of Capitalism.

Excerpt from Crain's New York Business -- “NBC is not going to be feasting this year. The Playboy Club was a disaster for them. They've got to rethink.”

Excerpt from Crain's New York Business -- "The rule is essentially a backdoor-breakup plan for Wall Street, said Roy Smith." Additional coverage appeared in Investment News and Bloomberg.

Excerpt from PR.com -- "In any valuation exercise, the first principles are more important than any model technique used. These views were emphasized by Professor Aswath Damodaran while interacting with a group of second year students at IIM Lucknow."  Additional coverage appeared on SkyNewswire.com and CoolAvenues.

Excerpt from The Economist -- "['Guaranteed to Fail'] offers two useful things ... The first is a comparison of America’s mortgage system with those of other countries. Few have anything like the same level of state support, yet many have comparable levels of home ownership and housing affordability."

Excerpt from El Imparcial -- "The problem is Greece, and from that country spreads to the rest, until uncertainties are resolved will not end the debt crisis (translated from Spanish to English)."

Excerpt from The Economist -- "One or two [splits] had a whiff of desperation, says Aswath Damodaran of the Stern School of Business. It was as if, having ruthlessly cut costs and still not improved their performance, the mother companies had simply run out of other ideas."

Excerpt from The Economist -- "Macroeconomists must piece truths together one disaster at a time. That dismal scientists can tell us anything is in large part due to Thomas Sargent of New York University and Christopher Sims of Princeton University, who were awarded the Nobel prize for economics on October 10th."

Excerpt from Reuters -- "The euro zone debt crisis is still playing out. That remains a dark cloud on the horizon that can present a direct hit to the U.S. economic recovery." Additional coverage appeared in Economic Times.

Excerpt from RetailWire -- "Marketing decision making is about taking actions whose consequences live in the unknowable future."

Excerpt from Inc. Magazine -- "The ultimate convergence product in my mind is the Apple iPhone, in large part due to all the apps designed for it and technology embedded in it."

Excerpt from WNYC's Leonard Lopate Show -- "Nobel Laureate and NYU Stern professor Michael Spence, author of author of 'The Next Convergence: The Future of Economic Growth in a Multispeed World,' and The Economist's New York Bureau Chief Matthew Bishop discuss recent trends in the job market, both in the United States and around the world, the rapid growth in developing markets that are catching up with the industrialized West, and what the United States must do to remain competitive."  Additional coverage appeared on BigThink and Foreign Policy.

Excerpt from Vogue -- "Most fashion brands still approach digital as a series of pet projects rather than presenting a coherent multi-platform strategy. Although 94 per cent of brands in the Index have a presence on Facebook, one in five still lacks e-commerce capability." Additional coverage appeared in FashionEtc, Fashionista, Style Clone, The Telegraph and Business of Fashion.

Excerpt from The Huffington Post Canada -- "Along with NYU's Elizabeth Boyle, Shapira co-authored 'The Liability of Leading: Battling Aspiration and Survival Goals in the Jeopardy! Tournament of Champions,' which appeared last month in the journal 'Organization Science.'"

Excerpt from SmartMoney -- "Some research has found that the best-performing stocks over long periods are in the "sinful" categories like tobacco, says Marcin Kacperczyk, an assistant professor of finance at New York University's Stern School of Business."

Excerpt from Minnesota Public Radio -- "Social psychologist Jonathan Haidt speaks at the Aspen Ideas Festival about his book, 'The Happiness Hypothesis.' It's an examination on how the mind works and the search for happiness and meaning in our lives, using the wisdom of the past as a guide."

Excerpt from Daily Reckoning -- “The more widely held the belief in the persistence of a pattern the less likely it is to continue.”

Excerpt from Forbes -- “The standard-setting process can be used to manipulate the standards to be closer to what one company wants.”

Excerpt from Reuters Daybook -- "Alexander Ljungqvist, finance professor at the Leonard N. Stern School of Business at New York University delivers remarks on "Does the Stock Market Distort Investment Incentives?," at a luncheon discussion held by the National Economists Club."  Additional coverage appeared in The Washington Daybook.

Excerpt from The Atlantic -- "Benkler is able to focus the bulk of his efforts on a mixture of psychology, experimental economics, and business case-studies to discover the mechanisms by which cooperation occurs. Some of these, such as fairness, group identity, and morality, will be familiar to readers of psychologists such as Jonathan Haidt."