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2009

Wharton in the News

The Wharton School is frequently mentioned in the global news media. The following are highlights from newspapers, magazines, wire services, and radio and television media. Please send comments to Wharton Communications.

CNN.com | November 17, 2009
In reference to the use of Twitter to make potentially libelous claims, Asst. Prof. of Legal Studies and Business Ethics, Andrea Matwyshyn says, "Generally, [the law] is at least five years behind technology as it is developing." More »

The Washington Post | November 15, 2009
Prof. of Real Estate and Finance, Joseph Gyourko, presents five myths about homeownership, cautioning that "several of our most cherished beliefs about the value of a home don't hold true." More »

Financial Times | November 13, 2009
Asst. Prof. of Operations and Information Management, Devin Pope, and Assoc. Prof. of Operations and Information Management, Maurice E. Schweitzer, are cited for their research on risk aversion in golfing, noting that "the agony of a bogey seems to outweigh the thrill of a birdie." More »

The New York Times Online | November 2, 2009
Prof. of Health Care Management, Mark Pauly, discusses job opportunities in the health care industry, explaining that "one American's health care spending is another American's wages or income." More »

The Wall Street Journal | October 27, 2009
"Neither the rating agencies' mistakes nor the overleveraging by the financial firms in the subprime securities is the fault of the Efficient Market Hypothesis," writes Prof. of Finance, Jeremy Siegel, in an op-ed. More »

Korea Times | October 27, 2009
Prof. of Management, Mauro Guillen, explains how the global economy has been impacted by the financial crisis, noting that "the rise of China … has shifted the center of gravity of global politics and economics toward the Pacific." More »

The Wall Street Journal | October 26, 2009
Prof. of Management and Health Care Management, John Kimberly, co-authors an article on how to retain top executives in tough economic times, noting that "executives intend to stay longest with those companies that offer the greatest opportunities to enhance their employability." More »

NPR.org | October 22, 2009
Prof. of Management, Peter Cappelli, explains why the Obama administration, Congress, and Federal Reserve have all taken up the issue of executive pay, adding that companies’ executive compensation committees "just don't understand the way the rest of the world is looking at [this issue]." More »

The Washington Post | October 19, 2009
"In witnessing leadership decisions when they are at their most stressful and most fateful, we often learn most about what really matters in others - and ourselves," says Prof. of Management, Michael Useem, in a column on Captain Sully Sullenberger’s heroic landing on the Hudson River. More »

The New York Times Online | October 19, 2009
"[F]ewer than one-third of young adults possess basic knowledge of interest rates, inflation, and risk diversification," writes Prof. of Insurance and Risk Management, Olivia Mitchell, in a co-authored study on the importance of financial literacy. More »

The Wall Street Journal Online | October 16, 2009
Prof. of Business and Public Policy, Joel Waldfogel, is interviewed about his new book, "Scroogenomics: Why You Shouldn’t Buy Presents for the Holidays," explaining that "spending is not really a measure of success or satisfaction." More »

Marketplace Public Radio | October 15, 2009
"The commercial real estate crisis isn't going to bring capital markets to a halt," predicts Prof. of Real Estate and Finance, Susan Wachter, in a segment on recent warnings regarding the collapse of the commercial real estate market. More »

The New York Times Online | October 9, 2009
"Ordinary bureaucratic process may not always be the right approach, at least in a crisis," says Asst. Prof. of Legal Studies, David Zaring, in an online roundtable on the financial crisis. More »

The Wall Street Journal Online | October 8, 2009
"Presumably a lot of high-frequency trading is basically competing for liquidity provision," notes Prof. of Finance and Economics, Robert Stambaugh, in an article about the market's increased focus on the short term. More »

Forbes Woman | October 8, 2009
Prof. of Legal Studies, Business Ethics, and Management, Richard Shell, offers tips on successful negotiation, noting that the best hagglers are "tactful yet persistent." More »

Mint (India) | October 6, 2009
Asst. Prof. of Management, Saikat Chaudhuri, discusses losses incurred by Air India, explaining that "the carrier will [eventually] have to increase revenue and cut costs" in order to experience a turnaround. More »

Washington Post | October 4, 2009
Banning medical discrimination among health insurers “would probably increase the incentive for cherry-picking,” predicts Prof. of Health Care Management, Mark Pauly, in a piece on US health-care reform. More »

The New York Times | September 30, 2009
Prof. of Management, Ian MacMillan, discusses “Johnny Money,” a small-business simulation game designed to build entrepreneurial skills and enhance students’ “employability.” More »

Financial Times | September 27, 2009
Dean Thomas Robertson offers commentary in an article about increased MBA enrollment during the economic downturn, which notes that Wharton’s MBA class of 2011 consists of an unprecedented 40% women.(subscription required). More »

Associated Press | September 26, 2009
Assoc. Prof. of Insurance and Risk Management, Kent Smetters, explains how Social Security has been impacted by the economic crisis, noting that “it's unlikely we are going to pull out (of the recession) with a strong recovery.” More »