Faculty News

Professor Adam Alter's comments on technology addiction are featured; His book, "Irresistible," is referenced

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Excerpt from The Daily Register -- "Is technology liberating? Does science-driven 'progress' make us happier? Not so, says social psychologist Adam Alter in his book, Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'In the past, we thought of addiction as mostly related to chemical substances: heroin, cocaine, nicotine,' says Dr. Alter, an associate professor at the Stern School of Business at New York University."
Faculty News

Professor Robert Seamans offers advice for how the US government should approach tech regulation

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Excerpt from BuzzFeed -- “'I think there is a lot of appetite for letting the market sort lots of things out,' Robert Seamans, an associate professor at NYU’s Stern School of Business who spent a year as a senior economist at the White House Council of Economic Advisers, told BuzzFeed News. 'We don’t want to pick a China model where the government decides everything that should happen.'”
School News

Recent graduates Dominik Weigl (MSGF '19) and Kiana Shek (MSGF '18) reflect on how the NYU Stern-HKUST MS in Global Finance program has benefited their careers

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Excerpt from BusinessBecause -- "The HKUST-NYU Stern MS in Global Finance—a part-time, post-experience Master in Finance degree offered by Hong Kong’s HKUST Business School and NYU Stern in New York—offers students a unique insight into China’s financial industry."
Faculty News

Professor Stephen Brown's joint research on the Dow Theory is cited

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Excerpt from TheStreet.com -- "Conducted by Stephen J. Brown of New York University, William Goetzmann of Yale University, and Alok Kumar of the University of Miami, the study found that the Dow Theory over that period beat a buy-and-hold by an annual average of 4.4 percentage points."
Faculty News

Professor Paul Hardart discusses the business impact Georgia's recently-enacted Heartbeat Bill will have on entertainment companies

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Excerpt from The Atlantic -- "Paul Hardart, a marketing professor at New York University and a veteran of the film industry, says that celebrities have forced studios’ hands. 'Studios also have to keep in mind that they have talent they want to keep happy,' he explains."
Faculty News

Professor Anindya Ghose offers insights on Amazon's use of influencer marketing strategies

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Excerpt from CNN -- "'This time window often creates this scarcity factor,' said Anindya Ghose, a professor at New York University's Stern School of Business. 'There's a nudge and pressure on customers to act within that period.'"
Faculty News

Professor Kim Schoenholtz's joint research on improving U.S.monetary policy communications is featured

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Excerpt from Yahoo Finance -- "A paper from Brandeis’s Stephen Cecchetti and New York University’s Kermit Schoenholtz recommended that the Fed release a “matrix” that links projections for growth, unemployment, inflation, and interest rates to each FOMC participant."
School News

Professor and Vice Dean Kim Corfman, and recent MBA graduate Lia Winograd (MBA ‘19) discuss how Stern's emphasis on experiential learning adds value to the MBA experience for entrepreneurs

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Excerpt for Business of Fashion -- "At Stern, students also get the chance to work with real-life companies in problem-solving. 'Something hard to replicate online is experiential learning,' said Kim Corfman, the academic director of NYU Stern’s Fashion & Luxury MBA. 'You can go out there and do it and read some excellent books, but having guidance while you’re going through the process, there’s really no substitute.'...This was precisely how Winograd used her time at Stern, which offered summer fellowships to entrepreneurs to work on their company ideas. 'They gave me a living stipend and a lot of flexibility to work on my start-up… they took me on a trip to San Francisco where I got to meet angel investors that ended up investing in Pepper,' Winograd said. 'We built out a business plan as a part of a competition, and that pushed me to get into the streets to talk to customers, which helped my co-founder and I to get to different insights.'"
School News

Senior Research Scholar Alain Bertaud shares his thoughts on the differing perspectives of urban planners and economists

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Excerpt from EconTalk Podcast -- "'f you ask an urban planner, 'What is the optimum size of housing?' this planner will tell you a number--you know, 50 square meters, 60 square meters, something like that. If you ask the same economist will say, 'Well, it all depends.' So, this is really the big difference between planners and economists.'"
Faculty News

Professor Kim Schoenholtz's presentation of his joint research on monetary policy communications at a conference at the Federal Reserve Bank of Chicago is highlighted

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Excerpt from Reuters -- "The Fed’s policy statements 'tend to be complex, jargon-laden, press releases that a casual reader cannot easily absorb,' Brandeis University professor Stephen Cecchetti and New York University professor Kermit Schoenholtz wrote in calling for the Fed to overhaul many of its core documents."
Faculty News

Professor Robert Engle's method for statistical modeling of volatility in financial markets is cited

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Excerpt from MarketWatch -- "The Nobel Prize-winning economist whose work confirms Bollinger’s core insight is Robert Engle of New York University. He was awarded the prize in 2003 (along with the late Clive Granger) for developing a statistical understanding of why and how a security’s volatility changes over time."
Faculty News

Professor Ari Ginsberg explains why traditional retailers are forming partnerships with the resale industry

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Excerpt from CNN -- "'This is an old story of when you see industry disruption,' said Ginsberg. 'If you don't develop those capabilities or go into those markets, you might be extinct pretty soon.'"
Faculty News

Professor Baruch Lev explains why releasing quarterly guidance is still common among tech companies

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Excerpt from OZY -- "Lev says Apple has good reasons to buck the trend: Quarterly guidance is still the norm in the tech industry. 'If most of your competitors are guiding, if you won’t guide it’s a very bad sign,' he says. 'It’s a sign either you are not confident as a manager or you are hiding information.'"
Faculty News

Professor James Rosenwald is highlighted in a roundup of notable Vassar College alumni in business

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Excerpt from Money Inc. -- "James B. Rosenwald III received his Bachelor of Arts in Economics from Vassar College in 1980, before obtaining his M.B.A from the Graduate School of Business at New York University in 1984. ... In addition to his business activities, Rosenwald has served as an adjunct professor of Global Value: Investing Theory and Practice at the Stern School of Business at New York University since 2012."
Faculty News

Professor Nicholas Economides comments on the Justice Department's antitrust probe of Google

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Excerpt from The Wall Street Journal -- "'Google has become much more prominent than it was 10 years ago. The usual behavioral remedies—stop this behavior—are not going to restore competition,' said Nicholas Economides, an economics professor at New York University Stern School of Business. 'In my view that’s a failure of the regulatory system which acted very slowly in Europe and did not act in the U.S.'"
Faculty News

Professor Adam Alter shares insights on how hobbies and passions are developed

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Excerpt from Car and Driver -- "'It's easy to believe that we spend time doing what we're passionate about, but my sense is that we become passionate about the things that we happen to spend time doing (the reverse of the standard causal path). For whatever reason, you were exposed to cars where Mark Zuckerberg was exposed to computers."
Faculty News

Professor John Horton's research on Uber drivers is referenced

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Excerpt from The New York Times -- "And so it is with ride-share drivers today. Another study, by a New York University professor and two Uber employees, found the same dynamic: Higher prices increased driver incomes, but only for a few weeks."
Faculty News

Professor Aswath Damodaran shares his views on the impact of the trade war on the stock market

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Excerpt from CNBC -- "'The market is pricing in an extended trade war, which means if you’re buying these stocks, you’re not buying them for the near term, you’re buying them for the long term,' he said. 'Now, [it depends on] how much of a strong stomach you have, but that’s what I’d look at.'"
School News

Jorji Gardiner (BS '20) is interviewed about her work as a model and influencer

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Excerpt from Fashionista -- "Gardiner's large following stems from modeling, which she's been doing since her senior year of high school while living in Los Angeles. About two years ago, she hit 10K followers and started to reach out to brands (via DM) to possibly work together. 'A lot didn't reply, obviously, but I got a few responses where they would send me product in exchange for a post,' recalls Gardiner. (Pro tip: She created a media kit for herself to send to brands, too.)"
Business and Policy Leader Events

Global Antitrust Economics Conference

Kaufman Management Center
On Friday, May 31, Concurrences Review in collaboration with NYU Stern School of Business will host the The Global Antitrust Economics Conference.
Faculty News

Professor Arun Sundararajan's book, "The Sharing Economy," is referenced

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Excerpt from Sierra Magazine -- "In his book The Sharing Economy, New York University business professor Arun Sundararajan writes, 'Today’s digital technologies seem to be taking us back to familiar behaviors, self-employment, and forms of community-based exchange.'"
Faculty News

Professor Michael Posner offers insights on socially responsible investing

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Excerpt from MarketWatch -- "'If you’re dealing with companies that you know have serious human-rights problems, you have an affirmative obligation to confront those problems, and evaluate what the companies do. And if the company simply says its too hard or it’s too expensive, you ought to make a decision to divest it, or put them on notice,' said Posner, conceding that efforts to assess and measure human rights remained in their infancy."
Faculty News

In an op-ed, Professor Suraj Patel arguest against the Democratic Congressional Campaign Committee's policy against doing business with consultants who have worked with candidates running against democratic incumbents

Excerpt from the New York Daily News -- "It’s yet another example of incumbents limiting voters’ choices and Washington dictating preferences to New Yorkers. Incumbents already win 98% of the time — they don’t need more help from Washington. And silencing dissent and attacking activists isn’t a recipe for growing an effective party."
Faculty News

Professor Lawrence White comments on Morningstar's acquisition of DBRS

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Excerpt from Financial Times -- "Mr White added that Morningstar’s brand recognition in mutual funds has so far failed to carry over into credit ratings. 'The Morningstar imprimatur turned out not to be that important. What is important is the record of Moody’s, S&P and Fitch,' he said."
Faculty News

Professor David Yermack is quoted in an article on common myths about blockchain

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Excerpt from Techopedia -- "'Private individuals respond to incentives for keeping the data honest. My worry is governments who have other non-economic objectives immune to financial incentives,' David Yermack, Professor of Finance at the Stern Business School in New York University, surmised."

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