Experience Stern | News & Events

Excerpt from Macroblog -- "The introduction of Bitcoin has sparked considerable interest in cryptocurrencies since its introduction in the 2008 paper 'Bitcoin: A Peer-to-Peer Electronic Cash System' by Satoshi Nakamoto. However, for all its success, Bitcoin is not close to becoming a widely accepted electronic cash system. Why it has yet to achieve its original goals is the topic of a paper by New York University professor Kose John and NYU Stern PhD student Franz Hinzen, along with McGill University professor Fahad Saleh titled "Bitcoin's Fatal Flaw: The Limited Adoption Problem."
 

Excerpt from CoStar News -- "'Landlords thinking about leasing to WeWork are facing uncertainty and putting some deals on hold, and with the layoffs and ongoing financial questions, they may still want to hold off on doing deals with WeWork,' said Ari Ginsberg, professor of entrepreneurship and management at New York University’s Stern School of Business. 'After all, without the recent cash infusion from SoftBank, the company was scheduled to run out of cash in November and might have gone bankrupt.'"

Excerpt from the Associated Press -- "'Even one sort of negative incident could sink a company, and so I think the care that these companies need to take to ensure that every ride is a good ride is much higher,' said Arun Sundararajan, a professor at New York University’s Stern School of Business and author of The Sharing Economy."

Excerpt from Barron's -- "Research for Thomas Philippon’s latest book started like an investigation, triggered by his own puzzlement. The economist wondered why the price of broadband in the U.S., where he has lived for 20 years, is now twice as high as in Europe. That was the other way around back in 1999, when Philippon, now a professor at New York University’s Stern School of Business, came to the U.S. to study."

Excerpt from The New York Times -- "Google noted, however, that it expects to take action on a 'very limited' number of political ads. Michael Posner, a professor at New York University’s Stern School of Business, said Google’s policy change was a good start but did not go far enough in dealing with potential misinformation."

Excerpt from The Wall Street Journal -- "Detectica was co-founded in 2015 by Panos Ipeirotis and Foster Provost, data-science professors at New York University’s Stern School of Business, and a colleague at Etsy Inc. Ipeirotis and Provost, who continue to teach at NYU, have joined Compass as part of the deal, along with two other Detectica employees. Detectica originally focused on providing AI fraud-detection tools for financial-services firms and on providing AI strategy consulting to retail, health-care and media companies."
 

Excerpt from CNBC -- "NYU Stern professor Aswath Damodaran, known as the 'Dean of Valuation' for his company analyses, says that Aramco more or less valued their IPO correctly, but that he still wouldn’t invest because of the inherent limited upside as well as the political risk that surrounds the world’s largest oil company."

Excerpt from Politifact -- "'As a general matter, import tariffs are a tax,' said Lawrence White, a professor at New York University’s Stern School of Business. 'Tariffs, like any tax, generally introduce an inefficiency and makes the two sides of the trading relationship poorer — not richer.'"

Excerpt from the Associated Press -- “'They have been living in Never-Never Land, an unsustainable paradise that is now going to get ratcheted back,' said Allen Adamson, an adjunct professor at New York University’s Leonard N. Stern School of Business. 'They are not going to be able offer fewer cups of coffee to close the gap. It’s too big a gap. This is going to draconian in term of what has to be done.'”

Excerpt from Quartz -- "Another possible regulation would be to subject Facebook to bank-style Know Your Customer (KYC) laws. Banks are required to extensively verify their customers’ identities to prevent fraud, money-laundering, and terrorist financing. New York University data science professor Vasant Dhar has called for similar requirements to be imposed on platforms."

Excerpt from Bloomberg Quint -- "The former deputy governor of the Reserve Bank of India, who once quoted Ernest Hemingway to explain the change in his view on interest rates for Indian economy, 'highly recommends' Vasily Grosman’s Life And Fate, as he shares a list of books that he has enjoyed reading over the years."

Excerpt from Cointelegraph -- "'We all know that banks charge you a lot for transferring money,' told Sylla to Cointelegraph. Bitcoin and other cryptos hold the promise of making overseas payments less expensive and more secure. Breaking the banks’ so-called monopoly here would have benefits."
 

Excerpt from Medium -- “Tom Meyvis, a professor of marketing at New York University’s Stern School of Business, notes that removing gender labels from toys hands more control to the customer, allowing them to ‘decide for themselves what is the ideal product for their son or daughter, rather than being told this is the category your child falls into.’”

Excerpt from The Seattle Times -- "Boeing’s 'the less said, the better' approach created a vacuum that was ultimately filled by critical news reports that exposed deeper safety concerns and contradicted the company’s statements," Schenkler said.

Excerpt from Marketplace -- “'If necessity is the mother of invention, desperation is the grandmother of innovation, and this is a company that has to take risks,' said Scott Galloway, a New York University marketing professor."

Excerpt from L.A. Biz -- “'Companies that make sustainability a priority stand to benefit immensely, as sustainability initiatives also force them to identify efficiencies in their operations, maximize their supply chains and minimize waste,' said Tensie Whelan, director of the Center for Sustainable Business at NYU Stern, at a 2019 HSBC event on disruption and innovation in the retail and apparel industry. 'The result is often an increase in yearly revenue and a renewed sense of loyalty among consumers who see the company as a champion for sustainability.'”

Excerpt from The Baltimore Business Journal -- "If a company is channel stuffing, it ends up shipping more product than can be sold and accepting as returns more product than it can sell. Ultimately, channel stuffing catches up to the company because the company loses the ability to inflate its sales. The total loss ends up being revealed and the company's stock price takes a hit. 'It's a vicious cycle,' said, Joshua Ronen, a professor of accounting for the Leonard N. Stern School of Business at New York University."

Excerpt from The New York Times -- "An N.Y.U. data scientist who studies Mechanical Turk, Panos Ipeirotis, estimates that there are from 100,000 to 200,000 turkers, and that at any moment several thousand are doing tasks. The vast majority of turkers are believed to be in the United States — at least three-quarters, researchers say — with India a distant second."

Excerpt from Business Insider -- "Any company that creates more than $10 billion in shareholder value does one of two things: extend time (more time, saving time) or enhance time."
 

Excerpt from Bloomberg Tax -- “'Impairment makes a lot of conceptual sense,' said Stephen Ryan, a professor at the New York University Stern School of Business. 'In practice, it’s very difficult for a number of reasons.'”

Excerpt from The Place Brand Observer -- "My view on place branding has changed a lot. At the beginning it was strongly influenced by my economics studies, but it has evolved since then in that I’ve integrated psychology and sensory aspects. In fact, now I am working on the application of sensory branding to places. Moreover, nowadays the digital part of a brand and experiences needs also to be considered and measured."

Excerpt from Financial Times -- "A new economics note offers a reasoned argument against ultra-low interest rates; it is the most elaborate version of the so-called 'zombie effect' I have seen. Viral Acharya argues that low rates keep 'zombie firms' alive — these are commercially non-viable companies that only stay out of bankruptcy because banks 'evergreen' their loans at ultra-low rates rather than foreclose."

Excerpt from Thrive Global -- "'It’s worth noting that the law, through ADEA, only offers legal protection for people age 40 or older, “which opens up a separate line of inquiry as to why stereotyping the young as ‘lazy millennials’ is considered acceptable,' Michael North, Ph.D., assistant professor of management and organizations at the N.Y.U. Stern School of Business, tells Thrive."

Excerpt from Investor Place -- Professor Aswath Damodaran of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

Excerpt The Atlantic -- "But Thomai Serdari, a luxury-marketing strategist and professor at New York University, nods to the 2008 financial collapse as the moment that helped more types of business realize that parachuting into a trendy neighborhood often makes more financial sense than committing to hang around for 20 years. 'No one wants to invest long-term, and brands don’t want to take risks with inventories,' Serdari says."