Gurumurthy Kalyanaram, NYIT, Former Professor and Dean, Reports on Latitude of Price Acceptance and Price Range

Gurumurthy Kalyanaram, NYIT , former professor and Dean, presents a short report on latitude of price acceptance and price range.

The reference price range, also known as latitude of price acceptance, denotes one spread measure around the reference price. The width of the latitude of price acceptance depends on the three main factors – acceptable price level, purchase frequency and brand loyalty (Gurumurthy Kalyanaram & Little, 1994). Lichtenstein, Bloch, and Black (1988) found that reference price level and knowledge about prices significantly affect the latitude of acceptance. They suggest that higher reference price leads to wider latitude of acceptance. Consumers with greater knowledge of price distributions of the brands are more likely to observe deviations from their reference prices, thus leading to narrow latitude of price acceptance. Similarly, Rao and Sieben (1992) found that moderately knowledgeable consumers display wider latitude of price acceptance than more knowledgeable consumers.

Gurumurthy Kalyanaram, NYIT, Former Professor and Dean, Reports on Prospect Theory and Its Application to Pricing

Gurumurthy Kalyanaram, NYIT, former professor and Dean, reports on Prospect Theory and its application to Pricing.

Prospect theory (Kahneman&Tversky, 1979; Thaler, 1985) shows that consumers react sharply and adversely to perceived losses, and less favourably to perceived gains.  This principle has found many business applications. For example, Barberis, Huang, and Santos (2001) show that investors react more sharply to losses in investment portfolio. There is asymmetric response to perceived fluctuations in wealth.

The asymmetric response has found wide applications in marketing, and particularly in pricing. Natarajan, Gurumurthy Kalyanaram, and Munch (2010) have shown such responses to new product announcements.

Gurumurthy Kalyanaram on Lawsuits and Policies: a Brief Summary of the Issues At Hand in US Supreme Court’s CertsGranted

Gurumurthy Kalyanaram reports on lawsuits and policies and in this report provides a brief summary of the Issues At Hand in US Supreme Court’s Certs Granted in the first week of October 2014.  The various lawsuits and the issues at hand are summarized.  This summary is adopted from SCOTUSBLOG.

“Tibble v. Edison International — time limit for suing the manager of an employee benefit plan for faulty decisions on investing plan assets.

Dr Gurumurthy Kalyanaram, Dean, Former and Former Professor NYIT and UT Dallas and Expert Witness

REPORTS ON China’s Prosecution of Uighur scholar IlhamTohti

Dr. Gurumurthy Kalyanaram - Dean and former NYIT and UT Dallas professor, and expert witness, Gurumurthy Kalyanaram reports on China’s Prosecution of Uighur scholar IlhamTohti. Gurumurthy Kalyanaram Lawsuit

China filed a criminal lawsuit against Uighur scholar IlhamTohti charging with separatism, a very serious crime in China.  After two days of trial, the Court in China has upheld the charge and has found against Tohti in lawsuit filed by the State.  And now Tohti faces life imprisonment.  Tohti’s case has received great attention from media, policy makers, human right activists, legal scholars and lay men and women.

Gurumurthy Kalyanaram - Reports on The Lawsuits against Union Carbide (US) and British Petroleum (UK)

Gurumurthy Kalyanaram, Dean and former NYIT and UT Dallas professor, and expert witness, Gurumurthy Kalyanaram reports on the two similar lawsuits but with dramatically different adjudications.

Two industrial disasters have brought two different outcomes in the US courts.

First, let us review the Clean Water Act lawsuit filed by the US Department of Justice and others against British Petroleum (BP) for liabilities in the explosion of Deepwater Horizon and massive oil spill in the Gulf of Mexico in April 2010.

Gurumurthy Kalyanaram, Dean, Expert Witness and Former Professor NYIT and UT Dallas – Reports on Expert Witness in Litigation

Gurumurthy Kalyanaram, Dean, Expert Witness and former NYIT and UT Dallas professor Gurumurthy Kalyanaram reports on the need and status of expert witness in lawsuits (litigation).

Experts provide important inputs in arbitrations and litigations (lawsuits). Their input/counsel gives the fact-finder an objective rendition of the facts and assessment of those facts, and facilitates fair adjudication of the dispute/lawsuit.

Without an appropriate expert litigation (lawsuit) can flounder. In a decision in July 2014, Honorable Judge Laura Taylor Swain dismissed the class-action (Celebrex and Bextra) lawsuit against Pfizer because, “Plaintiffs' failure to proffer admissible loss causation and damages evidence is fatal to plaintiffs' claims" after the defendant admitted "without a damages expert a securities fraud trial can't be tried.”

Gurumurthy Kalyanaram – Reports on the Bhopal Tragedy Lawsuit against Union Carbide (US)

Dr Gurumurthy Kalyanaram - Former Dean and former NYIT and UT Dallas professor, and expert witness, Gurumurthy Kalyanaram reports on the Bhopal Tragedy lawsuit against Union Carbide (US).

A lawsuit filed by Earth Rights International in the U.S. District Court against Union Carbide (US) for the Bhopal Gas Tragedy was recently dismissed by Justice John Keenan. I am familiar with John Keenan’s decisions – he is generally inclined to grant motions for summary judgment unless the plaintiff in the lawsuit can show robust evidence of dispute of fact(s). Justice Keenan’s threshold is high. He has been a senior judge since mid-1990s.

Gurumurthy Kalyanaram – Dean, Expert Witness and Former Professor NYIT and UT Dallas

Reports on Expert Witness Testimony in Litigation between Two Telecom Companies

Gurumurthy Kalyanaram - Former Dean and former NYIT and UT Dallas professor Gurumurthy Kalyanaram reports on his recent expert witness testimony in a lawsuit filed by a start-up telecom firm against a China-based telecom firm.

The background to the lawsuit is as follows.  A start-up telecom company based in US got a license in 2004 to operate in Liberia. The license was for the entire suite of telecom services.  As part of its launch preparation, the start-up explored a collaborative with a China-based telecom company to supply hardware.  The two telecom companies engaged in substantial conversation, and the both signed a Non-Disclosure Agreement.

Gurumurthy Kalyanaram, Dean, Expert Witness and Former Professor NYIT and UT Dallas, Law and Lawsuit with Public Policy

Gurumurthy Kalyanaram – Reports on The US Supreme Court Decision on the authority of the U.S. President to make appointments when the Congress is in recess. Gurumurthy Kalyanaram NYIT

Former Dean and former NYIT and UT Dallas professor Gurumurthy Kalyanaram reports on the recent important US Supreme Court decision on U.S. President’s authority to make appointments without Congressional approval when the Congress is in recess. Gurumurthy Kalyanaram UT Dallas

In a lawsuit filed by Noel Canning, Canning challenged the constitutional validity of the appointments made by President Obama to the National Labor Relations Board (NLRB) when the U.S. Congress was in recess. The Washington D.C. appeals court and the lower District Court ruled in favor Canning holding that the President’s appointments were not valid. Gurumurthy Kalyanaram Lawsuit

Gurumurthy Kalyanaram, Dean, Expert Witness and Former Professor NYIT and UT Dallas

Gurumurthy Kalyanaram - Former Dean and former NYIT and UT Dallas professor Gurumurthy Kalyanaram reports on three important US Supreme Court decisions on social policy matters issued in 2014. Here is an executive summary of these decisions. Gurumurthy Kalyanaram NYIT

On Religious Freedom, Town of Greece v. Galloway Gurumurthy Kalyanaram Lawsuit

Galloway and several other residents filed a lawsuit complaining that his freedom of religious expression was violated by his town, Greece in New York, because the town board regularly began its meetings with a Christian-faith based prayer. The Court ruled in favor of the town holding that town boards may start their meetings with sectarian prayers, and do not have to make undue efforts to represent all the faiths. The Court held that the First Amendment was not violated.   This Court’s ruling is similar to the 1983 holding that Nebraska Legislature's practice of starting its sessions with a prayer, saying the practice was "deeply embedded in the history and tradition of this country." Gurumurthy Kalyanaram UT Dallas

Gurumurthy Kalyanaram, (NYIT) Director of Global MBA Program at NYIT and Faculty Research at NYIT

Gurumurthy Kalyanaram who taught at different international institute including New York Institute of Technology (NYIT) and others for about 20 years is now a professor, co- leader and executive programs at the Singapore Management University. Gurumurthy Kalyanaram Lawsuit

As a renowned professor with excellent academic achievements, he won honorable Harold Lobdell award during his Ph.D in Management Science in 1989. Started his career at University of Texas, he handled several senior positions including Chairperson of the Master’s Program Committee, Senior Director of the Master’s Program and the Chair of the Marketing Department. Gurumurthy Kalyanaram NYIT

Gurumurthy Kalyanaram - Dean, Expert Witness and Former Professor NYIT and UT Dallas

REPORTS ON PLEADING STANDARDS AND FALSE CLAIMS ACT

Gurumurthy Kalyanaram - Former Dean and former professor NYIT and UT Dallas professor, reports here on the write petition filed by Nathan to the U.S. Supreme Court on the issue of pleading requirement in a qui tam complaint/lawsuit.

Gurumurthy Kalyanaram Images

Dr. Gurumurthy Kalyanaram delivering a keynote address

Dr. Gurumurthy Kalyanaram delivering a plenary talk

Dr. Gurumurthy Kalyanaram receving NITT Distinguished Alumnus Award from Governor Surjit Singh Barnala

Gurumurthy Kalyanaram, Dean and Former Professor NYIT and UT Dallas - Reports on Rajat Gupta’s Conviction in Insider Trading Complaint/Lawsuit

Dean Emeritus Gurumurthy Kalyanaram and former professor NYIT and UT Dallas reports on Rajat Gupta’s conviction in insider trading and affirmation of the conviction by the Appeals court in the criminal prosecution/lawsuit.

Gurumurthy Kalyanaram, Dean Emeritus and Former Professor NYIT and UT Dallas - Reports on Rajat Gupta’s Appeal of His Ban by Securities and Exchanges Commission

Dean Emeritus Gurumurthy Kalyanaram, and former professor NYIT and UT Dallas, reports here on Rajat Gupta’s appeal (lawsuit) against his life-time ban from all financial institutions in US, and attendant penalty by Securities and Exchanges Commission.  This essay summarizes the status of the appeal lawsuit.

Gurumurthy Kalyanaram With MIT Professors and Leaders

GK with MIT Professor Terry Orlando and his wife

GK and Professor Tom Magnanti, President of Singapore University of Technology and Design

GK MIT Corporation Member Emily Wade

GK with Former MIT President Susan Hockfield

GK with Former MIT President Chuck Vest

GK with MIT Professor Steven Lerman

GK with MIT Students, Adi Godrej and Ratan Tata

Gurumurthy Kalyanaram, Former NYIT and UT Dallas Professor and Dean Emeritus Reports on Appropriate Accounting Methodology

Professor Paul R. Kutasovic of New York Institute of Technology (NYIT), who was a colleague of Gurumurthy Kalyanaram, is an expert and an active independent consultant on macroeconomic forecasts as well as forecasts for the regional economies.  He has conducted research on methods used to forecast sales tax revenues, regional economic activity and the implications of peak oil for the regional economy. He has also worked on using economic indicators to guide the investment decision process. (While Gurumurthy Kayanaram was the Director of MBA programs globally at Gurumurthy Kalayanaram NYIT, Paul Kutasovic was the Director of the Undergraduate Programs.)

Here is a report by Gurumurthy Kalyanaram on interesting research by Paul Kutasovic on the debate on appropriate accounting methodology.

Gurumurthy Kalyanaram, Former UT Dallas and NYIT Professor and Dean Emeritus Reports on Demand Forecast of Oil

Professor Paul R. Kutasovic of New York Institute of Technology (NYIT), who was a colleague of Gurumurthy Kalyanaram, is an expert and an active independent consultant on macroeconomic forecasts as well as forecasts for the regional economies.  (While Gurumurthy Kayanaram was the Director of MBA programs globally at Gurumurthy Kalayanaram NYIT, Paul Kutasovic was the Director of the Undergraduate Programs.)

Gurumurthy Kalyanaram reports on research insights by Paul Kutasovic on oil demand. This research was published in NMIMS Management Review, which is edited by Gurumurthy Kalyanaram.

Gurumurthy Kalyanaram, Dean Emeritus and former Professor of UT Dallas and NYIT Reports on Whistleblower Protection of Sarbanex-Oxley Act 2002

Here is a report on Whistleblower Protection of Sarbanex-Oxley Act 2002 by Dean Emeritus Professor Gurumurthy Kalyanaram, formerly of  NYIT and UT Dallas.

Whistleblower protection and ant-retaliation provisions have spawned lot of debate, and many lawsuit. This reportdiscusses the recent US Supreme Court decision which addressed whether the scope of the anti-retaliation provision of Sarbanes-Oxley Act of 2002.Specifically, whether Section 806 of the Sarbanes-Oxley Act of 2002 (SOX) (codified at 18 U.S.C. § 1514A) limits protection from retaliation to the employees of public companies, or if it also covers employees of contractors to a public company and if the said contractors can file a lawsuit under the anti-retaliation provisions of SOX.

Gurumurthy Kalyanaram Reports on U.S. Supreme Court on who is a “Supervisor”?

In the lawsuits based on Title VII of the 1964 Civil Rights Act, the question is: who is the supervisor? Gurumurthy Kalyanaram analyzes this important question.

Gurumurthy Kalyanaram on U.S. Supreme Court on Title VII Discrimination

There are many lawsuits based on Title VII’s anti-retaliation provision.  The question in these retaliation lawsuits has always been what should be the nature of evidence necessary to show retaliation by the employer.  In this essay, Gurumurthy Kalyanaram presents the decisions and results on this matter.

Gurumurthy Kalyanaram on False Claim Act Anti-Retaliation Provision

Relators in False Claim lawsuit quite often also incorporate the retaliation complaint. Gurumruthy Kalyanaram presents the decisions by various Courts on many FCA anti-retaliation lawsuits.

Gurumurthy Kalyanaram Reports on What should be the role of consideration of “race” as an element in admissions to US Colleges and Universities?

This began with a lawsuit by Abigail Noel Fisher and Rachel Multer Michalewicz who applied to the University of Texas at Austin in 2008 and were denied admission. The two women, both white, filed Lawsuit, alleging that the University had discriminated against them on the basis of their race in violation of the Equal Protection Clause of the Fourteenth Amendment.

Gurumurthy Kalyanaram discusses the current state of this vital public policy question on consideration elements to admission to universities and colleges.

Gurumurthy Kalyanaram Reports on U.S. Government’s Compelling Interest in a False Claims Act

One of the serious debates in FCA lawsuit is the purpose of the sealing provision.  ACLU filed a lawsuit on this matter in the Fourth Circuit.  This essay by Gurumurthy Kalyanaram reflects on this important public issue, which is anchored on competing public v. private interests.

Gurumurthy Kalyanaram, Former NYIT and UT Dallas Professor: On Collateral Estoppel And Materiality of The Finding

Here is a report on Collateral Estoppel and Materiality of an earlier finding by Professor Gurumurthy Kalyanaram, formerly of NYIT and UT Dallas.

A long line of decisions by the U.S. Supreme Court, U.S. Court of Appeals (Second Circuit), and New York Court of Appeals, have held that, where a decision-maker makes a finding, the finding is not collateral estoppel in a subsequent proceeding unless the finding was material and decisive to the decision, even if it was raised and litigated, particularly where the decision-maker himself explicitly states that the issue was “immaterial” to his decision, and that if there is any uncertainty at all, collateral estoppel shall not apply.

Gurumurthy Kalyanaram on Interpretation of Collective Bargaining Agreement (CBA)

There are many lawsuit arising out of disputes in interpretation of the collectively bargained agreements.  Unions and employers work hard to craft CBAs, but lawsuits emerge even in cases of carefully designed CBAs.  In this essay, Gurumurthy Kalyanaram reports on this important matter.

Dr Gurumurthy Kalyanaram - Director of UT Dallas COHORT MBA Program

Dr Gurumurthy Kalyanaram was the founding-director of the full-time, daytime MBA program, Cohort MBA Program.  In 1995, Dr. Kalyanaram was appointed as the founding-director to conceptualize, design, and develop a new full-time, daytime MBA program.  Till then, UT Dallas offered only evening business programs for working adults.  It was decided that the university should offer a full-time day time MBA program – Cohort MBA program – in the Cohort format.  The goal was to design a high-quality and diverse MBA program in terms of students, faculty, curriculum, training and placement of students.  The Cohort MBA program now stands as a viable program, and UT Dallas is ranked as one of the 50-100 business schools in the country.

Major curricular design was undertaken.  Distinguished speakers series was started.  Scholarship funds were instituted.  The first class of 30 students started the program in 1996.

Dr Kalyanaram designed the curriculum (Innovation, Knowledge Economy), recruited the faculty and students, developed industry relations for placement, managed the budget, and led the Cohort MBA Program to be one of the top MBA programs in the country.

The University of Texas at Dallas, UT Dallas - Dr. Gurumurthy Kalyanaram, Professor, Director, COHORT MBA Program, Director of MASTERS’ Programs, Department Chair, and Director, External Relations

Dr Gurumurthy Kalyanaram was a tenured professor at The University of Texas at Dallas.  He served at UT Dallas from 1988 to 2001. During his tenure at the University of Texas, he was Chairman of the Department of Marketing, Senior Director of the Master’s Programs, Founding Director of the Cohort MBA Program, Chair of the Master’s Program Committee, and Faculty Liaison for External Affairs.

Management Review Editorial on Globalization from Dr. Gurumurthy Kalyanaram

We are delighted to present to you six excellent research articles in this Special Issue, “Globalization of Markets and Work force.”

The article by Ford and Whaley addresses two important elements in work force, particularly in private sector and academe: collegiality and perception of justice. The analyses and recommendations are based on data from US. However, there is an evident level of generalizabiliy. Complementing this work, Srivastava examines specific challenges of job-related anxiety and stress among professionals in Mumbai.  While the work by Ford and Whaley is broader about the global work force, the work by Srivastava is very focused and specific. The findings reported in both the articles are applicable and appropriate.

Dr. Gurumurthy Kalyanaram, Professor, Academic Director of MBA Programs (globally) and Director of Faculty Research (NYIT)

Dr. Gurumurthy Kalyanaram was a tenured professor at NYIT, and served as academic director of MBA programs in New York and globally (including Canada, China and Middle-East).  He also led the research efforts of the faculty as the Faculty Research Director.

Dr. Gurumurthy Kalyanaram is distinguished professor with a long record of academic achievements and honors.  He received his B.E. degree in engineering in 1978 from the University of Madras, India, and his M.B.A. in 1983 from the University of Texas.  He earned his Ph.D from the Massachusetts Institute of Technology in 1989 in the field of Management Science, where he won the prestigious Harold Lobdell award.