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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Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
asmith@informs.org
443-757-3578

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Increasing board diversity leads to a reduced market value

Increasing board diversity leads to a reduced market value

Human Resources, November 15, 2019

In an age when many companies have stepped forward to become an advocate of board and workplace gender diversity, it turns out that one additional woman on the board results in a 2.3% decrease in the company’s market value in the US on average. This could amount to hundreds of millions of dollars, according to INSEAD’s latest study on investor responses’ to board diversity.

Eyes on Detroit as airport seeks to attract non-flyers

Eyes on Detroit as airport seeks to attract non-flyers

Runway Girl Network, November 12, 2019

First it was Pittsburgh International Airport, then Tampa International Airport, and now it is Detroit Metropolitan Wayne County Airport. What do these three airports have in common? They are the only commercial airports in the United States that allow non-passengers to pass through passenger screening checkpoints and enter the post-security side of the airport.

Solutions to Increase Efficiency in the Ride-Hailing Marketplace: Researchers Recognized with INFORMS Daniel H. Wagner Prize

Solutions to Increase Efficiency in the Ride-Hailing Marketplace: Researchers Recognized with INFORMS Daniel H. Wagner Prize

News Release, November 7, 2019

INFORMS, the leading association for operations research (O.R.) and analytics professionals, has awarded the 2019 Daniel H. Wagner  Prize for Excellence in the Practice of Advanced Analytics and Operations Research to researchers from DiDi Research America and Didi Chuxing Technology Co. for their work to increase efficiency in the ride-hailing marketplace. 

Georgia Tech’s Beril Toktay elected to board of INFORMS

News Release, October 11, 2019

CATONSVILLE, MD, October 11, 2019 – INFORMS, the largest international association of operations research (O.R.) and analytics professionals and students, announced that L. Beril Toktay has been elected to its board, where she will serve a two-year term as vice president of marketing, outreach and communication. Toktay is a professor in the Scheller College of Business at the Georgia Institute of Technology. 

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