Faculty News

In a live interview, Professor Arun Sundararajan discusses new legislation that aims to classify sharing economy workers as employees in California

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Excerpt from CNBC Closing Bell -- "I'm sure there will be a subset of workers who will like the benefits and the full-time employment status... There are millions of Uber and Lyft drivers who are doing this as transition work to supplement other income so I think if you think that this will be universally welcomed by workers, that's.. dead-on wrong. In particular, the workers who will no longer be able to drive for Uber and Lyft are certainly not going to welcome it."
Faculty News

In an interview, Professor Thomaï Serdari discusses the role of influencers in the growing market for modest fashion

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Excerpt from Channel News Asia -- "There are all these new influencers who actually started their blogs or Instagram accounts because they wanted to voice their difference -- not necessarily because they wanted to be in the business of selling fashion, which I think is a very important issue that consumers appreciate, rather than having brands telling them, 'buy, buy, buy', they have someone who is a little bit more objective, or neutral."
Faculty News

Professor Alvin Lieberman is quoted in a feature article on New York City's Silicon Alley

Excerpt from Variety -- "'There’s less of the "giant idea" that’s meant to re-paint the sky but more down-to-earth [concepts] that can be implemented in the short term,' says Al Lieberman, professor at New York University’s Stern School of Business and executive director of NYU’s Entertainment, Media & Technology program."
Faculty News

Professor Allen Adamson offers insights on the back-to-school retail landscape

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Excerpt from Vox -- "'The market opportunities are on the, "Mom, can I get new [insert backpack brand, sneaker brand, or clothing brand here] for school this year? All my friends have them."'"
Faculty News

Professor Roy Smith comments on the evolution of partners' roles at Goldman Sachs

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Excerpt from Financial Times -- "Many partners get offers to do other things at hedge and private equity firms ... that means that Goldman Sachs has to keep the partnership flame alight to continue to attract talented people."
Faculty News

Professor Paul Romer studies Burning Man as a model for future urban development

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Excerpt from The New York Times -- "'It’s a metaphor for my sense of economics,' Mr. Romer said. 'I picture an economist showing up at Burning Man and saying: "Oh, look! This is the miracle of the invisible hand. All of this stuff happens by self-interest, and it just magically appears." And there’s this huge amount of planning that actually is what’s required beneath it to make the order emerge.'"
Faculty News

Professor Thomas Philippon offers insights from his research on market competition in the US and Europe, from his forthcoming book, "The Great Reversal"

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Excerpt from The Wall Street Journal -- "A growing mountain of research has focused on corporate concentration in the U.S. Mr. Philippon reviews much of this evidence and concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe. Indeed, he was inspired by a mundane question many European visitors ask: 'Why on earth are U.S. cellphone plans so expensive?'"
Faculty News

Professor Russell Winer explains how trends are impacting the mens' shaving product market

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Excerpt from CGTN -- “You’ve got competition from the internet such as Dollar Shave Club and Harry’s … we’ve seen these kinds of trends over many many years hurt other kinds of industries … think hats for example … once upon a time most men wore stylish hats … now its baseball caps”
Faculty News

In a live interview, Professor Rosa Abrantes-Metz comments on a recent case of manipulation in the precious metals market

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Excerpt from BNN Bloomberg -- "These are episodic events, so they don't affect every trader every day, but they are frequent enough that real investors may be worried."
Faculty News

Professor Jonathan Haidt is named to the Prospect Magazine World's Top Thinkers list

Excerpt from Prospect Magazine -- "For their work in race studies and feminism respectively, Kimberlé Williams Crenshaw and Kate Manne were popular; as was social psychologist Jonathan Haidt..."
Faculty News

Professor Arun Sundararajan shares his views in an article about the value of driver names as trade secrets

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Excerpt from Bloomberg -- "Concerns over privacy could be a valid argument against releasing driver names, said New York University business school professor Arun Sundararajan."
Faculty News

Professor Anat Lechner is quoted in an article on Pattern, a startup designed to combat workplace burnout

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Excerpt from Quartz -- "There also are low-cost ways for employers also to help workers combat their fatigue. Chief among them is to simply create more meaningful relationships, says Anat Lechner, an associate professor at New York University Stern School of Business, whose research focuses on innovative organizations."
Faculty News

In an interview, Professor Lawrence White discusses economic indicators and the possibility of a forthcoming recession

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Excerpt from Channel News Asia -- "It's not a hard and fast relationship... it just indicates that the bond markets... are anticipating a weaker economy in the future."
Faculty News

In a live interview, Professor Paul Romer explains why he is skeptical of the idea of a 12-hour work week

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Excerpt from Bloomberg-- "People learn not just in school, but on the job. And there are a lot more people in jobs than in school, so... employment is a very important potential source of new skills and new capabilities... We should be aiming to make sure everybody's in some kind of a job and aim for jobs which are good at teaching people to take on new responsibilities."
Faculty News

Professor Tensie Whelan comments on the viability of an ESG-focused ETF

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Excerpt from MarketWatch -- "Tensie Whelan, director of the Center for Sustainable Business at the NYU Stern School of Business, told MarketWatch that KRMA’s approach looks solid, but she cautioned that investors should know what they’re buying. Because KRMA is agnostic about sectors, some investors may be surprised that the holdings aren’t the typical 'impacting investing' core holdings — clean energy, for example."
Faculty News

Professor Susan Stehlik offers insight into President Trump's behavior and body language at the G7 Summit

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Excerpt from Business Insider -- "At the summit, world leaders representing six countries and the European Union gather to discuss issues like climate change, trade, and defense. The summit held in Biarritz, France, was rife with awkward moments, and not only from President Trump. To explain those exchanges, Business Insider spoke with body language expert and director of New York University's Management Communication Program, Susan J. Stehlik, about Trump's behavior."
Faculty News

Professor Robert Engle's joint research analyzing systemic risk to predict a financial crisis is spotlighted

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Excerpt from Quartz -- "By aggregating SRISK across a country’s economy, Robert Engle, a Nobel Prize winner at NYU, and Tianyue Ruan of National University of Singapore, believe they can estimate the relationship between projected capital shortfalls and the likelihood of a financial crisis. Their work shines a spotlight on the interconnected nature of the economy, reminding investors that potential danger is rarely isolated in a single country."
Faculty News

Professor Anika Sharma is quoted in a feature article about Wayfair's business model

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Excerpt from Vox -- "'It’s important that packaging leads the customer journey,' says Anika Sharma, an adjunct assistant professor at NYU Stern and a marketing professional."
Faculty News

Professor Arun Sundararajan comments on YouTube's growth strategy and celebrity partnerships

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Excerpt from VICE -- "'Going after a greater fraction of the video entertainment market seems like a perfectly natural thing for them to be doing,' Sundararajan said. YouTube Premium, the platform’s paid subscription service, is another move toward slurping up the dollars people spend on 'mainstream home entertainment,” as he terms it."
Faculty News

In a live interview, Professor Arun Sundararajan discusses the case against a former Google engineer accused of stealing the company's trade secrets

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Excerpt from Yahoo Finance -- "If I were [Uber], I would just stay away from this, [and] hope that the US attorney takes it in a direction that really has nothing to with Uber, but has to do with Levandowski trade secrets and the culture of Silicon Valley..."
Faculty News

In a live interview, Professor Arun Sundararajan discusses the case against a former Google engineer accused of stealing the company's trade secrets

Yahoo Finance logo
Excerpt from Yahoo Finance -- "If I were [Uber], I would just stay away from this, [and] hope that the US attorney takes it in a direction that really has nothing to with Uber, but has to do with Levandowski trade secrets and the culture of Silicon Valley..."
Faculty News

In an interview, Professor Lawrence White comments on WeWork's future growth prospects

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Excerpt from Kanka News -- (Translated from Chinese using Google Translate) "White said that although WeWork's poor performance in the first half of this year was a loss of 900 million US dollars, the joint office model itself has great appeal to SMEs, and WeWork, which is a leading company in this field, still has bright prospects."
Faculty News

In a radio interview, Professor Thomaï Serdari highlights the challenges luxury retailers face in today's landscape

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Excerpt from Knowledge@Wharton -- "The key here is the desirability of the location, which is true -- it's still very much alive and it creates a lot of competition amongst retailers to get to these highly desirable spots that, in turn, drive the rent high up. But the issue here is the marketing strategy that a lot of these retailers are applying... The gap is between having foot traffic and having activations that actually convert the desirability to purchases. I think this is where a lot of these retailers miss out and this is why we see such a high turnover even on Madison Avenue."

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