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.

Media Contact

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

INFORMS in the News

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INFORMS John von Neumann Theory Prize awarded to UCSD professor

NBC 7, November 14, 2016

Ruth Williams, Ph.D., was awarded the John von Neumann Theory Prize at the annual meeting of the Institute for Operations Research and the Management Sciences (INFORMS) in Nashville, TN. She shares the award with researcher Martin Reiman from the Department of Industrial Engineering and Operations Research at Columbia University. The John von Neumann Prize, considered the Nobel Prize in the math field, is named after a famed mathematician and was established in 1975.

E-commerce platforms should focus on sellers, not buyers

POST Online Media, December 1, 2016

A new study to be published in the INFORMS journal Marketing Science explores the relationship between buyers and sellers on e-commerce platforms, and which has a greater impact on the platform's growth.

UNCW to offer Business Analytics degrees

Wilmington Biz Insights, December 1, 2016

Businesses in every sector are facing new challenges in managing and analyzing data, which requires a specific approach and unique set of quantitative skills. The Institute for Operations Research and Management Science (INFORMS) defines this specific approach as business analytics that facilitate the understanding of business objectives through reporting of data to analyze trends, creating predictive models for forecasting and optimizing business processes for enhanced performance. The Information Systems and Operations Management department in the Cameron School of Business is soon introducing a new concentration in business analytics as a response to the increasing demand from industries for students with the knowledge and skills in this area.

Inaugural volunteer service award presented during INFORMS Annual Meeting

Public Now, November 30, 2016

Anna Nagurney, the John F. Smith Memorial Professor of Operations Management at the Isenberg School of Management, received the inaugural Distinguished Service Award from the Institute of Operations Research and the Management Sciences (INFORMS) at the society's annual meeting in Nashville, Tenn., Nov. 16. The award was established to recognize INFORMS members who have given their time and expertise to serve the community of INFORMS, the largest society for professionals in operations research, management science, and analytics.

Founder of leading software company received INFORMS Impact Prize

PR Web, November 29, 2016

Robert Phillips, founder of Nomis Solutions, a software company that applies cutting edge approaches to big data, advanced modeling, and deep analytics, was awarded the INFORMS Impact Prize. This award is presented every other year to individuals whose contributions include either an idea or technique that is widely used or a widespread methodology. 

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