Monthly Archives: October 2011

NYU Stern professors Zur Shapira and Elizabeth Boyle coauthored “The Liability of Leading: Battling Aspiration and Survival Goals in the Jeopardy! Tournament of Champions,” which appears in the September issue of Organizational Science. By studying the decisions of Jeopardy contestants, … Continue reading →

The Economist discusses the work of Thomas Sargent of NYU Stern and Christopher Sims of Princeton University. Macroeconomists are widely disparaged for getting most things wrong, but really it is a wonder that they know anything at all. Chemists and … Continue reading →

A Greek default could trigger a global economic shock on the scale of that suffered after Lehman Brother Holdings Inc.’s 2008 failure, said Nouriel Roubini, NYU Stern Professor of Economics and International Business and chairman and co-founder of Roubini Global … Continue reading →

Professor Viral Acharya’s paper “The Dodd-Frank Act and Basel III: Intentions, Unintended Consequences, Transition Risks, and Lessons for India” is quoted. The downgrade of State Bank of India’s (SBI’s) financial strength by Moody’s Investor Services has come as a shock … Continue reading →

‘Guaranteed to Fail’, a book by four NYU Stern professors is reviewed in The Economist. A shorter but heavier book, “Guaranteed to Fail”, co-written by four professors at New York University’s Stern School of Business, one of whom used to … Continue reading →

Professor Zur Shapira on purchasing multiple insurance policies. In this age of hurricanes, tsunamis, market crashes and banking crises, it isn’t any wonder that people are feeling insecure. Companies are responding by rolling out a raft of newfangled insurance policies … Continue reading →

New York University Economics Professor Thomas Sargent, known for work on coordinating monetary and fiscal policy, stabilizing inflation, and fighting unemployment, has been awarded the 2011 Nobel Prize in Economics. Sargent is one of the world’s leaders in modern economics, … Continue reading →

Professor Viral Acharya on unifying bank regulators. The Federal Reserve, chastised by Congress for lending money to foreign institutions including a Libyan-owned bank, is once again the lender of last resort for banks around the world it knows little about. … Continue reading →