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).
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.
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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Jennifer Merluzzi discusses her work, "Gender and Negative Network Ties: Exploring Difficult Work Relationships Within and Across Gender," published in the INFORMS journal Organization Science, which explores the impact of strong relationships among female coworkers and how it impacts success in the workplace.
In the U.S. prison system, the prevalence of hepatitis C virus (HCV) infection is currently 10 times higher than the national average. And while new HCV treatment drugs are very effective, their high cost along with very limited healthcare budget in prisons impedes universal treatment in prisons. Now, new research in the INFORMS journal Operations Research, has identified new protocols that could substantially decrease HCV infection in the U.S. prison system.
New research in the INFORMS journal Management Science took an in-depth look at 128 events of negative publicity tied to a celebrity endorser between 1988 and 2016. These events affected sponsors in 230 actual cases. What gives the research its punch is that it evaluated the effectiveness of company responses to celebrity endorsers’ misbehaviors using those companies’ daily abnormal stock returns. In other words, if a brand encountered a celebrity endorser crisis, as Nike did when Tiger Woods made news over his notorious marital problems, the study authors took into account the surrounding negative publicity’s impact on the company’s stock price.
Austin, TX, April 16, 2019 – Student teams around the world have shown they are more than ready for the challenges they will face in their professional careers, with a group of students from Korea Advanced Institute of Science and Technology, Republic of Korea successfully using operations research (O.R.) and analytics to help GM analyze how autonomous vehicles may change the finished vehicle delivery and operating processes to win the 2019 O.R. & Analytics Student Team Competition.
INFORMS member, professor with the University of Buffalo and Buffalo Bills football fan Mark Karwan's research to outline a mathematical approach by which the NFL could potentially produce a materially fair and largely disparity-free schedule, has led to a three-year research grant with the NFL to provide year-round method development and schedule testing.
OR/MS Today is the INFORMS member magazine that shares the latest research and best practices in operations research, analytics and the management sciences.
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Analytics magazine showcases articles and research reports based on big data, AI, machine learning, data analytics and other new-age technologies.
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