Experience Stern | News & Events

Excerpt from Forbes-- "In his book Irresistible, NYU Stern School of Business professor Adam Alter summarizes the research about the irresistible urge to use technology, and the businesses that spend millions of dollars to keep you hooked. Guidelines suggest that you should spend less than an hour a day on our phones, yet research shows that only 12% of phone users meet that criteria – that means 88% of people overuse, with the overall average being three hours. Alter goes on to detail a survey of young adults that revealed that 46% of them said they would rather break a bone than break their phone – and many of the 54% who said they’d rather have a broken phone agonized about that decision."

Excerpt from Forbes-- "'Of course young companies outnumber the old,' says Sylla. 'Many of the largest companies started between 1880 and 1920, but many more have grown large after 1950 so they wouldn't quite be centenarians. Yet.'"

Excerpt from Heleo-- "I am trained as a social psychologist and we tend to think of the world through the lens of individual people and small groups, not large systems and structures. But, through the interviews I did for the book, it became clear I was really missing something by not exploring the systemic perspective and its relationship to our unconscious biases. I turned to the work of sociologists, economists, political scientists, historians, and others to broaden my understanding."

Excerpt from amNewYork-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"

Excerpt from Bloomberg-- "'I believe that the market has over-corrected for GE’s many faults, and at the current stock price, that it is significantly undervalued,’ Aswath Damodaran, a finance professor at New York University, said Wednesday in an analysis on his website."

Excerpt from UPI-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"

Excerpt from Daily Mail-- "'Their target was younger, urban people, and the people that are burning their Nikes - I think [Nike is] OK with that,' he continued. 'Obviously they don't want to lose customers, but they are going after their target, which is what you should do in marketing.'"

Excerpt from Financial Times-- "'The context is always different and the law is always changing,' says Vasant Dhar, professor of information systems at New York University’s Stern School of Business. 'That makes it a messy arena for AI to operate in.'"

Excerpt from the The New York Times -- "Aaron Tenenbein, a statistics professor at New York University’s Leonard N. Stern School of Business, estimated Mr. Bailey’s odds would have been 1 out of 115,385. 'It doesn’t matter if he’s playing the same number; it’s still the same chance,' Mr. Tenenbein said. In other words: 'It’s pure luck.'"

Excerpt from From Day One-- "While at least one company director, investor Erskine Bowles, warned Zuckerberg and Sandberg that the fallout from Russian misinformation would be worse than they expected, their lack of quick action underscores the importance of having 'people with the courage to address the issues' in a company’s leadership, said Prof. Brenner. 'It’s often when companies are successful they miss a lot of these issues, they get complacent and stop asking the hard questions.''

Excerpt from InsideSources-- "'A quite legitimate action of hearings is simply to be a forum, a vehicle for airing various concerns on legislative and regulatory issues,' he said, 'so even if legislation doesn’t follow from any particular hearing, they still serve a value highlighting concerns and bringing issues into public dialogue.'"

Excerpt from Vogue -- "In 2010, a study from New York University’s Stern School of Business by Professor David Yermack discovered that when Obama appeared in a garment it added, on average, $14 million in value to that company."

Excerpt from Poets & Quants -- "As we got to know each of the top 50, we learned that no matter what sparked their interest in teaching business school undergrads, the first time setting foot in front of a classroom to deliver a lecture was momentous for all. Professors use words such as 'electrifying' and 'thrilling,' and such phrases as “unforgettable experience filled with fun” and simply, 'a blast.'"

Excerpt from CGTN-- "I would say from the point of view of a democracy, given that the present deal is so far away from what people thought they were getting, it makes real sense to have a really thorough debate, and even the possibility of another referendum."

Excerpt from The Washington Post-- "As Greg Lukianoff and Jonathan Haidt chronicle in their new book, 'The Coddling of the American Mind,' today’s young people tend to be obsessed with safety, troubled by a pervasive sense of threat. Consequently, understandably, they’re anxious and depressed."

Excerpt from Value Research -- "Lev and Gu make several specific recommendations on how financial reports can be made relevant again - by reporting numbers in a way that emphasises 'strategic assets' and how they are nurtured and grown by organisations. Further, they suggest that modified cash flows (adjusted for investments in these assets and after taking into account the cost of capital) are best used by investors for deciding on investments."

Excerpt from Marketplace -- "Clearly, you know, when you're injecting that amount of money, there's a tremendous amount of influence on the founders and the leadership."

Excerpt from CNN-- "In terms of the city, there's no arguing this will be good, on most dimensions, for New York. You have to credit Mayor Bloomberg's vision to make the requisite investments to get a third university. The one thing... that's common among any company that's been able to add tens of billions of dollars in shareholder value in a matter of years, not decades, is that they're all headquartered within a bike ride of a world-class engineering university."

Excerpt from MacroBusiness -- "So when Solly Angel observes that across the United States that 'the great majority of workplaces (are) now dispersed outside CBDs, employment sub-centers or live-work communities, and (are) beyond walking or biking distance' he is saying so as a well-informed global expert."

Excerpt from Politico -- "Haidt, co-author of the recent book The Coddling of the American Mind, called Quillette in an email 'a gathering place for people who love to play with ideas and hate being told that there are ideas they are not supposed to play with.'"

Excerpt from The Wall Street Journal -- "'Giving people a phone that does less is asking a lot of consumers,' said Adam Alter, associate professor of marketing at New York University and author of the book 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked.'"

Excerpt from Fairfield County Business Journal -- '"It is 10 years since the Lehman Brothers bankruptcy,' observed Robert F. Engle, the 2003 Nobel Prize for Economics laureate, during a recent presentation at Sacred Heart University’s Center for Applied Business Research. 'At the time, we had very sketchy theories about systemic risk, whether we could have financial meltdowns or not. Over the last decade, we learned lots of things. We have lots of research now that helps us understand where financial crises come from and how likely they are to happen again.'”

Excerpt from Yahoo! Finance -- “'Second, because the stimulus was poorly timed, the US economy is now overheating, and inflation is rising above target. The US Federal Reserve will thus continue to raise the federal funds rate from its current 2% to at least 3.5% by 2020, and that will likely push up short- and long-term interest rates as well as the US dollar,' Roubini said, predicting a major financial crisis by 2020."

Excerpt from Recode -- "Amazon is now talking about having three headquarters, Seattle, Crystal City and Long Island City. The Bezos’ also own three homes, and the average distance from those three homes to a headquarters is 6.4 miles, so this was never a contest. It was a con meant to induce ridiculous terms that they then took to the cites all along that they knew they were going to be in."

Excerpt from Bloomberg -- "Since then, the accuracies have been somewhere between 80 percent and 90 percent based on one year before bankruptcy. The accuracy is not as high as when we first built the model, but it’s still being used. There are other variables that one could use, and it probably makes sense to build new models using new tools such as machine learning."