Faculty News

Professor Melissa Schilling weighs in on what Tesla needs from its new chairman

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Excerpt from Forbes -- "'Given Tesla's struggles to scale production of the Model 3, someone with deep experience in managing large-scale, high-tech manufacturing and the associated supply chain might be extremely valuable for the board,' said Melissa Schilling, an innovation and strategy professor at New York University who has followed Tesla and SpaceX very closely and served on the National Academy of Sciences committee on 'Overcoming the Barriers to Adoption of Electric Vehicles.'"
 
Faculty News

Professor Scott Galloway's blog post on the connection between digital media and mental health problems, referencing Professor Jonathan Haidt’s book, “The Coddling of the American Mind,” is featured

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Excerpt from MarketWatch -- "I believe the real fire starter is the tobacco of our generation, social media, and the algorithms that have determined that the path to more engagement, clicks, and Nissan ads is paved in rage. The algorithms sense if you lean left or right, then begin shoving you to the poles and serving you increasingly provocative and extreme content you can’t turn away from, to scratch a tribal itch."
 
Faculty News

Professor Anindya Ghose highlights the advantages of a retailer like Walmart using virtual reality to train its in-store employees

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Excerpt from Digiday -- "'It’s costly to create an environment for training that doesn’t happen that often,' said Ghose. 'You’re trying to train employees for some weather-related disaster, so creating an environment like that in the real world is going to be tricky or expensive. So, why not have employees simulate that? In this way, you save a bunch of money.'"
Faculty News

Professor Michael Spence explains why he believes the US-China trade negotiations will continue for some time

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Excerpt from CNBC -- "'I think nobody knows what they (the U.S.) would view as a successful conclusion including, by the way, the Chinese. There is some confusion about the more precise aims of what this exercise are,' he said."
Faculty News

Professor Joe Foudy offers insights on the decrease in manufacturing jobs in New York State amid the release of new employment data

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Excerpt from The New York Post -- "And like the overall economy, New York state has a trade deficit with China, according to Joseph Foudy, an economics professor at New York University."
Faculty News

Professor Arun Sundararajan is quoted in a feature story on Uber's ties to the Saudi Arabian government and the challenges its new CEO faces in rebuilding the company’s reputation

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Excerpt from Bloomberg -- "'There was a general perception that they would take money from anyone,' said Arun Sundararajan, a professor at New York University’s business school who wrote a book called The Sharing Economy."
 
Faculty News

Professor Baruch Lev's blog post on how machine learning can be used to improve accounting data is featured

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Excerpt from Advisor Perspectives -- "I am not optimistic about reversing the trend of the ever-rising estimates, but I found a way of substantially improving their accuracy and reliability, thereby enhancing the usefulness of reported earnings and asset values to investors."
Faculty News

Professor Kristen Sosulski's book, "Data Visualization Made Simple," is reviewed

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Excerpt from BizEd -- "[Sosulski] presents clear information about why data visualization is essential and what types of tools are available, before explaining what features users should look for in visualization graphics and how companies and individuals can use the information they uncover."
Faculty News

Professor Adam Alter shares how the design of social media platforms encourages excessive use, from his book, "Irresistible"

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Excerpt from The Week -- "'Infinite scroll basically eradicates the stopping cues that usually tell us to move on to something else,' explains Adam Alter, the author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'Traditionally, when you got to the bottom of a particular screen you had to click to release more information. With infinite scroll there is no click so your default is to just continue ad infinitum.'"
Faculty News

Professor Adam Alter is interviewed for a story on tech companies' efforts to address tech addiction

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Excerpt from CNN -- "'These are band aids,' Adam Alter, author of 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked,' tells CNN. 'Instead of actually producing tech that's good for us -- that helps us live better lives -- these tools basically suggest that the tech itself can't be improved, so we're stuck with trying to discourage or curb usage.'"
 
Faculty News

Professor Ralph Gomory comments on how Senator Elizabeth Warren's introduction of the Accountable Capitalism Act is a step in the right direction

Excerpt from the Epoch Times -- "The legislation is an important step in the right direction, according to Ralph Gomory, a research professor at New York University and a National Medal of Science laureate. 'The great service of this bill—whether it ever gets passed or not—is that it has raised the issue. It has become a public issue,' he said."
 
Faculty News

Professor Maria Patterson explains why executives are exercising caution in choosing to align their businesses with a political candidate

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Excerpt from the Financial Times -- "'Politics has become so polarised that you as the executive of a company have such a risk of blowback,' said Maria Patterson, clinical associate professor at the NYU Stern School of Business. 'You need to be really sure the candidate you’re supporting is not also speaking for positions that are going to upset your customers, your employees and your stockholders.'"
Faculty News

Professor Michael Posner advocates for the need for improved labor protections in Cambodia, emphasizing their importance for a successful business climate

Excerpt from Just Style -- "We are deeply concerned about the shrinking space for labour leaders to operate freely in Cambodia, which is part of a broader pattern of restrictions of civil society. The Fair Labor Association stands ready to work with the government and all other stakeholders in Cambodia to ensure that the rights of of workers are protected and that companies can confidently do business in this country."
 
Faculty News

Professor Sabrina Howell shares insights on R&D spending in US and Chinese tech firms

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Excerpt from The Wall Street Journal -- "Alibaba, Tencent and other large Chinese firms, more so than their American counterparts, have sought to innovate through acquisition rather than with in-house research, said Sabrina T. Howell, an assistant finance professor at New York University’s Stern School of Business who researches American and Chinese innovation. 'Some of what you see in R&D is the outsourcing of innovation in China,' she said."
Faculty News

In a contributed article, Professor Michelle Greenwald examines the integral role of the Ad Council after 76 years in business

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Excerpt from Forbes -- "While their work has always been extremely important and benefited global citizens in many different ways, it has never more relevant or needed than today. As a marketing organization, when so many legacy institutions are dropping by the wayside or merging with others, the ways the Ad Council has grown and evolved with the times and changing needs can be instructive."
Faculty News

Professor Dolly Chugh underscores the importance of a growth mindset for mitigating unconscious bias, from her book, "The Person You Mean to Be"

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Excerpt from The Wall Street Journal -- "'A fixed mindset says: "I am not racist or sexist."' Dr. Chugh says. 'A growth mindset, which is open to change, says: "I know there is always room to grow in this area."'"
Faculty News

Professor Vicki Morwitz is quoted in a feature story on sale pricing tactics and how consumers can avoid overpaying for goods

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Excerpt from Consumer Reports -- "'We get excited by the prospect of a big price reduction, so we don’t do the math very carefully on these sales,' says Vicki Morwitz, professor of marketing at New York University’s Stern School of Business. 'We think we’re getting a 50 percent discount off the entire order, but of course we’re not.'"
Faculty News

Professor Paul Romer is featured in an column on data protection, urging for transparency and clarity over privacy

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Excerpt from the Financial Times -- "'If nobody — let’s call that fewer than 5 per cent of users — can get an even partial understanding' of the terms of a transaction, then Romer says companies simply shouldn’t be doing them. What’s more, 'we should put the burden of proof on the companies themselves' rather than allowing them to circumvent responsibility via 'phoney disclosures.'"
Faculty News

Professor Jonathan Haidt is interviewed on how shifts in parenting norms are setting up a generation of students for failure, from his book, "The Coddling of the American Mind"

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Excerpt from Real Time with Bill Maher -- (2:14)"...Kids born around 1995 had a very different childhood from kids born a few years before...they're sitting at home on their devices talking with each other and this seems to be changing social development and we know this, this is not just some perception from outsiders, because the rates of anxiety disorders, depression, self cutting where they have to be admitted to hospitals, and suicide, all of these rates are way way up, especially for girls, and it all begins right around 2011 and so it's when this generation first enters college campuses in 2013, that's when this new attitude about speech comes in."
Faculty News

In a Q&A interview, Professor Amy Webb discusses her work as a futurist consultant for the TV series "The First"

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Excerpt from Channel 4 -- "Given what we know to be true today, yes—it’s plausible that humans will travel to Mars sometime around 2031. However, there are a number of dependencies that could accelerate or decelerate that time horizon. Regulation, geopolitical strife, the availability of certain components and climate change all have the potential to derail our journey to Mars. On the other hand, they could also help us get there sooner."
Faculty News

Professor Aswath Damodaran shares his thoughts on Netflix's future in light of its current business model

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Excerpt from The New York Times -- "'Netflix’s fundamental business model seems unsustainable,' said Aswath Damodaran, a New York University finance professor, who has examined the company’s numbers closely. 'I don’t see how it is going to work out.'"
Faculty News

Professor Joe Foudy is interviewed for a feature story on the increase of contract and temporary workers in the US

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Excerpt from Knews24 -- (1:05) "I think there is a risk that we have essentially shifted lots of burdens from companies to employers..."
Faculty News

Professor Arun Sundararajan explains the dynamics involved in the US-China trade war

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Excerpt from Marketplace -- "New York University business professor Arun Sundararajan said the U.S. interest is to tax Chinese imports, whether Beijing responds or not. Either way, Washington makes money. 'If China imposes tariffs, the U.S.'s best response is we'll tax your imports as well,' he said. 'If China doesn't, then the best response of the U.S. is also to say, "Well, they're not doing anything. Let me sort of collect from them."'"
Faculty News

Professor Scott Galloway shares his views on Alphabet's earnings results and the shutdown of Google+

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Excerpt from The Guardian -- "Scott Galloway, a professor at NYU’s Stern School of Business, said it should come as no surprise that the move didn’t turn into a financial setback this quarter, especially considering how poorly Google+ was performing. 'They were looking for an excuse to shut it down,' he says. 'To connect this problem to shutting the platform down was disingenuous.'"
Faculty News

The Dunning-Kruger effect, joint research by Professor Justin Kruger on self-perception, is referenced in a new report on equestrians

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Excerpt from Horse & Hound -- "The research was the first to provide evidence of the Dunning-Kruger effect, by which lower performers tend to be unaware of their lack of knowledge or ability, within equestrians. ... 'No doubt you have experienced a situation where someone’s performance is below average but they are confident their performance is excellent,' the authors said. 'This is the Dunning-Kruger effect in action.'"
 

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