Press Releases

New Study Reveals Secrets to Increasing Unplanned Purchases

In the first study of its kind, Professor Sam Hui of the NYU Stern School of Business and co-authors use in-store video tracking to observe grocery shopping from the shopper’s point-of-view. The researchers use this new data set, in conjunction with an entrance survey of purchase intentions, to study consumer behavior.
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Ellen Seidman to Serve as 2013-2014 NYU Stern-Citi Leadership & Ethics Distinguished Fellow

NYU Stern’s Citi Leadership & Ethics Program, sponsored by the Citi Foundation, has appointed Ellen Seidman, former director of the US Treasury Department’s Office of Thrift Supervision, as its 2013-2014 Citi Leadership & Ethics Distinguished Fellow.
Press Releases

New Research Looks at Craigslist’s Damaging Blow to Local Newspapers

In a new study, Robert Seamans, assistant professor of management and organizations at the NYU Stern School of Business, and Feng Zhu at Harvard Business School, examine the impact of Craigslist, a website providing classified-advertising services, on local US newspapers during the 2000s.
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NYU Stern Study Shows Customers Are Willing to Pay More for Socially Responsible Products

Professor Russ Winer, chair of NYU Stern’s Marketing Department, along with Stern PhD student Stephanie Tully, examine the willingness to pay for socially responsible products in their new paper, "Are People Willing to Pay More for Socially Responsible Products: A Meta-Analysis."
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Sir Mervyn King, Former Bank of England Head, Joins NYU Stern and NYU Law as Visiting Professor

New York University Stern School of Business and New York University School of Law announced that Sir Mervyn King, the former head of the Bank of England, will be a distinguished visiting professor at both schools in the fall semester.
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NYU Stern Hosts Its 8th Biennial Global Alumni Conference in Shanghai

In celebration of the establishment of New York University’s campus in Shanghai, NYU’s Stern School of Business hosts this year’s Global Alumni Conference in Shanghai, its newest “home” city, from June 20-22, 2013.
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纽约大学斯特恩商学院将在上海举办第八届双年全球校友会

2013年6月20日—中国上海浦东。为了庆祝上海纽约大学的成立,纽约大学斯特恩商学院将于2013年6月20日至22日,在“新家”上海举办今年的全球校友会。斯特恩商学院将召集包括两名诺贝尔经济学奖得主在内的核心教职人员、亚洲地区的重要商业、城市领导参与本届校友会,并邀请全球10万校友借此机会再次相聚,相互交流,讨论当下的商业话题以及中国在全球经济中的地位。
Press Releases

NYU Stern Welcomes Inaugural Class of Masters in Business Analytics

Jill Kickul
New York University Stern School of Business today welcomes to its New York campus the inaugural class of the Master of Science in Business Analytics program. The MS in Business Analytics is the first accredited graduate-level program in business analytics to be offered by a leading business school. It exposes students to innovative methodologies that support data-driven decision-making, and will equip graduates with the ability to transform data into a powerful and predictive strategic asset to ultimately drive better business results.
Press Releases

Bob Pittman, CEO of Clear Channel, to Keynote NYU Stern School of Business 2013 Graduate Convocation

Bob Pittman, CEO of Clear Channel, will be the keynote speaker for NYU Stern's 2013 Graduate Convocation. Mr. Pittman will urge graduates to challenge the status quo and welcome constant change in order to succeed in today’s digital and global business world.
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New Research from NYU Stern Quantifies Crowdfunding Behavior

Anindya Ghose
In new research forthcoming in Information Systems Research, Anindya Ghose, NYU Stern Associate Professor of Information, Operations and Management Sciences and co-Director of the Center for Business Analytics, with Gordon Burtch at the University of Minnesota Carlson School of Management and Sunil Wattal at Temple University’s Fox School of Business, quantifies how donors influence each other in the crowdfunding process, and finds that quick fundraising, while seemingly desirable, can have downsides.
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Dean Peter Henry Relates Lessons from "TURNAROUND" to NYU Stern Students and Alumni

Cover of TURNAROUND: Third World Lessons for First World Growth
Peter Blair Henry, dean of New York University Stern School of Business, will share lessons from his new book, "Turnaround: Third World Lessons for First World Growth," before an audience of more than 350 undergraduate and MBA students and alumni.
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Corruption Soars When Politicians are Placed Above the Law, Says New Research from NYU Stern

In a new study entitled “Immunity,” NYU Stern Assistant Professor of Economics Vasiliki Skreta and her co-authors, Karthik Reddy of Harvard Law School and Moritz Schularick of the University of Bonn, examine the political immunity provisions which exist throughout much of the modern democratic world. The researchers show that the incidence of corruption soars when politicians are placed above the law, and demonstrate the mechanisms behind the phenomenon.
Press Releases

Lesson for Mobile Marketers: Persuade In-store Shoppers to Travel Farther

In a recent study, Professor Sam Hui of the NYU Stern School of Business and co-authors Jeffrey Inman at the University of Pittsburgh's Katz Graduate School of Business, Yanliu Huang at Drexel University’s LeBow College of Business and Jacob Suher at the University of Texas at Austin, found that mobile promotions, which persuade shoppers to travel farther within a store, can significantly increase unplanned spending.
Press Releases

Michael Posner Joins NYU Stern to Establish New Center for Business and Human Rights

Henry Kaufman Management Center
New York University Stern School of Business today announced that Michael H. Posner will join its faculty in March 2013. Posner will be a professor in the School’s Business and Society Program Area and will lead an effort to establish a center for business and human rights at NYU Stern.
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Name-Brand or Generic? Your Political Ideology Might Influence Your Choice

Psychological research has shown that conservatives and liberals differ on basic personality traits such as conscientiousness, tolerance for uncertainty and openness to new experiences. Professor Vishal Singh of the New York University Stern School of Business and colleagues hypothesized that the conservative tendency to prefer tradition and convention would be reflected in conservatives’ purchasing behavior, leading them to choose established name-brand products over generic brands or new products.
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NYU Stern Professor Melissa Schilling Appointed to National Academy of Sciences (NAS) Committee

Melissa Schilling
NYU Stern Professor Melissa Schilling has been appointed to the National Academy of Sciences Committee on Overcoming Barriers to Electric Vehicle Deployment. The committee will study the technological, infrastructural and behavioral barriers to widespread adoption of electric vehicles in the United States.
Press Releases

"TURNAROUND: Third World Lessons for First World Growth" By Dean Peter Blair Henry

Peter Henry
Thirty years ago China seemed hopelessly mired in poverty, Mexico had triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. But in recent decades, these and other developing countries have turned themselves around, while First World nations, battered by economic and fiscal crises, struggle to stay afloat. With the global economy teetering on the brink, America’s prosperity now depends on our ability to learn from these prior foreign struggles—and successes—with economic reform. The stakes are higher than ever and "Turnaround: Third World Lessons for First World Growth," by Peter Blair Henry, reveals the three things we need for a more prosperous future.
Press Releases

New Research on LIBOR Rates by Marti Subrahmanyam

Marti Subrahmanyam
In a new research paper, Professor Marti Subrahmanyam at NYU Stern School of Business and Professors Alexander Eisl and Rainer Jankowitsch at Vienna University of Economics and Business find that an alternative rate-setting process that uses the median of the LIBOR window could significantly reduce the effect of LIBOR manipulation.
Press Releases

Financial Deprivation Prompts Consumers to Seek Scarce Goods

Assistant Professor of Marketing Adam Alter and PhD student Eesha Sharma at NYU Stern reveal why people who feel financially constrained might be lured to purchase scarce or rare products—those that aren’t widely available to other people. The authors suggest that consumers who feel financially disadvantaged counteract feelings of financial deprivation by acquiring these scarce products, precisely because they seem unavailable to others.
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Big Data and Predictive Analytics Can Transform US Healthcare System

For more than a decade, banks and retailers have been using “big data” to draw actionable conclusions from data they collect through commerce. Now, two NYU Stern researchers say big data can help solve major societal problems, like reducing the skyrocketing cost of healthcare in the US while improving quality.
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NYU Stern Hosts Inaugural India Business Forum in Mumbai on January 11, 2013

On January 11, 2013, New York University Stern School of Business will convene its faculty thought leaders and some of India’s top corporate leaders and policymakers for a full-day event entitled, “India in the 21st Century: From Potential to Progress.” The participants will investigate the unique opportunities and challenges facing India, an emerging market leader and driving force in the global economy.
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Ceres’ Mindy Lubber to Serve As Stern Citi Leadership & Ethics Distinguished Fellow

Marking its tenth year, NYU Stern’s Citi Leadership & Ethics Program appointed Mindy S. Lubber, president and founding board member of Ceres, a nonprofit organization that advocates the adoption of sustainable business practices, as its 2012-2013 Distinguished Citi Fellow in Leadership and Ethics.
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NYU Stern Experts Available for Comment on Black Friday, Small Business Saturday & Cyber Monday

NYU Stern experts are available to provide perspectives on a variety of angles related to Black Friday, Small Business Saturday and Cyber Monday.
Press Releases

Prof. Robert Engle Named to US Department of the Treasury’s Financial Research Advisory Committee

Robert Engle
Nobel Laureate and Prof. Robert Engle was named as a committee member of the US Treasury’s Office of Financial Research’s (OFR) Financial Research Advisory Committee. The OFR, established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, created the committee to provide advice, recommendations, analysis and information to the OFR.
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Prof. Ed Altman Testifies for the American Bankruptcy Institute’s Hearings on Bankruptcy Reform

Edward Altman, the Max L. Heine Professor of Finance at NYU Stern and an esteemed bankruptcy scholar for nearly five decades testified at the Loan Syndications & Trading Association conference in New York City for the American Bankruptcy Institute’s Hearings on Reform of the Bankruptcy Code.

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