News Room

A collection of press releases, audio content and media clips featuring INFORMS members and their research.

AI Thinks Like Us – Flaws and All: New Study Finds ChatGPT Mirrors Human Decision Biases in Half the Tests
News Release

BALTIMORE, MD, April 1, 2025 – Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations – showing biases like overconfidence of hot-hand (gambler’s) fallacy – yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).

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In 2025, you can’t have an effective democracy without data literacy
Media Coverage

You are swimming in an ocean of data and don’t even realize it. All around you are invisible amounts of data that would be staggering to try to comprehend. Thousands of smartphones and smart devices are talking to, sending and downloading vast amounts of data, video, audio, words, numbers, images, you name it. Everything from the latest movie on Netflix to someone’s radiology results from a cancer screening.

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Shell Shocked: How Small Eateries Are Dealing With Record Egg Prices
Media Coverage

Mom-and-pop businesses are trying to adapt to the soaring cost of eggs. The owners of four egg-centric restaurants across the country show how they are coping with this threat to their livelihoods.

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Resoundingly Human Podcast

An audio journey of how data and analytics save lives, save money and solve problems.

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Media Contact

Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578

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Saudi Arabia: World’s Best Analytics Teams Compete for INFORMS Franz Edelman Award

News Release, April 3, 2015

The Institute for Operations Research and the Management Sciences (INFORMS®), the leading professional association in advanced analytics, will host six finalist organizations competing for the 2015 INFORMS Franz Edelman Award. The competition takes place on Monday, April 13 during the 2015 INFORMS Conference on Business Analytics & Operations Research, which will be held at the Hyatt Regency Huntington Beach Resort and Spa. The Prize is the world’s most prestigious recognition for excellence in applying advanced analytics to benefit business and humanitarian outcomes. 

GE Research VP to Explore Rapid Growth of Industrial Internet of Things at INFORMS Analytics

News Release, March 24, 2015

CATONSVILLE, MD, March 24, 2015 – The Institute for Operations Research and the Management Sciences (INFORMS®), the leading international association for professionals in advanced analytics and operations research, announced today that Bill Ruh, Vice President of GE Software, will deliver a keynote on Monday, April 13 at its annual business analytics conference in Huntington Beach, CA.

Most Firms Do Not Use Controversial Skimming or Penetration Strategies for Pricing New Products

News Release, March 20, 2015

CATONSVILLE, MD, March 20, 2015 – A new study in Marketing Science, a journal of the Institute for Operations Research and the Management Sciences (INFORMS), finds that most firms do not use the skimming or penetration strategies that deliberately overprice or underprice new products. Marketers had long assumed that firms adopted either one of these two strategies for pricing new products.

Catch the “Analytics” Wave at the Leading Analytics

News Release, March 16, 2015

HUNTINGTON BEACH, CA, March 16, 2015 – The Institute for Operations Research and the Management Sciences (INFORMS®), the leading international association for professionals in advanced analytics and operations research, announced today that its annual business analytics conference will take place in Huntington Beach, CA, April 12-14.

Point/Counterpoint on Big Data: INFORMS VP in CNN Online

March 12, 2015

In his CNN opinion piece, "The Big Dangers of Big Data" , Konstantin Kakaes of New America raises some interesting points about the ways that designing certain types of Big Data projects could lead to bad societal results.

Unfortunately, Mr. Kakaes' column appears to be part of a larger narrative that is skewing the perception of the importance of advanced data analytics to economies, societies and families around the world.

Big Data is not merely the accumulation of vast amounts of information, but a collection of interconnected and interrelated data points that, when analyzed carefully, helps business leaders make decisions that lead to increased profitability and job creation, assists doctors and scientists in understanding critical factors about health care, helps policymakers better protect the public from potential terror attacks, and much more.

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