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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CATONSVILLE, MD, July 14, 2017 – According to a new study in the INFORMS journal Organization Science, when employers foster an office environment that supports positive, social relationships between women coworkers, especially in primarily male dominated organizations, they are less likely to experience conflict among women employees.
A study in the INFORMS journal Marketing Science examining comprehensive health insurance plans with low deductibles and co-pays revealed the effort could ultimately result in increased costs for the insurer and the insured.
Typically, CEOs already rake in a whopping amount of money through annual salaries and other bonuses. However, tack on an appearance on CNBC and they can see that number skyrocket. The recent INFORMS journal Organization Science study, "The Relationship Between CEO Media Appearances and Compensation," examined 4,452 CEOs from 2,666 U.S. companies, 104,129 news articles and 6,567 CNBC interviews between 1997 and 2009.
Here's a tip for all you CEOs who want to add a third tennis court to your Hamptons pad: Get a guest spot on CNBC. That's according to a new study in the INFORMS journal Organization Science, which found that bosses who appear on the business-obsessed TV network tend to see a boost in their salaries.
CATONSVILLE, MD, July 7, 2017 – The conventional wisdom is that relying on revenues from outlet stores can destroy a brand’s cachet over time. But according to a forthcoming study in the INFORMS journal Marketing Science, a leading scholarly marketing journal, outlet stores may actually help improve the brand’s cachet.
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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