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

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US News: 6 Hot Jobs for MBA Grads Includes O.R.

April 20, 2015

Graduate school isn't like undergrad when, in theory, you could take a year or two to choose a major and poke around different career paths. The process moves a little faster as an MBA student. You don't need to set your target job in stone, but you should have a solid idea or two in mind, so you're ready to make the most of your courses – as well as networking and recruitment opportunities.

The following jobs are well-suited for MBA graduates, and the Bureau of Labor Statistics predicts hiring growth and solid salaries for each of them.

...

6. ​Operations research analyst: These analysts use statistics to identify and troubleshoot problems usually relating to production, logistics and sales. It’s possible to find an entry-level position with just a bachelor’s degree, but higher-level operations research analysts usually have an MBA with a specialization in production and operations management. Consider top schools, such as the Wharton School at the University of Pennsylvania and the Stephen M. Ross School of Business at University of Michigan—Ann Arbor.

How Investors Trip Themselves Up

April 17, 2015

Parent trap. A third study found that investors put more money into mutual funds when the share price of the fund’s parent company is outperforming the market than they put into mutual funds run by companies whose share prices are lagging behind.

For most of the companies in the study, running mutual funds was a relatively minor source of revenue. That suggests that the inflow of investor money wasn’t driving the parent company’s share price, according to Clemens Sialm, a professor at the University of Texas at Austin who co-wrote the study—which also included fund firms such as T. Rowe Price Group and Janus Capital Group.

The study, which didn’t include companies whose shares aren’t publicly traded, such as Vanguard Group and Fidelity Investments, is due to be published in Management Science, another peer-reviewed journal.

2015 UPS George D. Smith Prize presented to UBC Sauder School’s Centre for Operations Excellence

News Release, April 14, 2015

The Institute for Operations Research and the Management Sciences (INFORMS®), the leading association for professionals in advanced analytics and operations research, has awarded its prestigious UPS George D. Smith Prize to the Centre for Operations Excellence at the University of British Columbia Sauder School of Business.

The competition for the prize took place yesterday at the 2015 INFORMS Conference on Business Analytics & Operations Research, which was held at the Hyatt Regency Huntington Beach Resort and Spa in Huntington Beach, California.

Chevron Named INFORMS Prize Winner, Best Analytics & O.R. Company of the Year

News Release, April 14, 2015

The Institute for Operations Research and the Management Sciences (INFORMS®), the leading association for analytics professionals, today announced the award of its annual INFORMS Prize for excellence in analytics and operations research to Chevron Corporation for its long and innovative history of applying analytics and operations research across the breadth of the worldwide energy company.

Syngenta Wins 2015 INFORMS Edelman Prize

News Release, April 14, 2015

Syngenta, which used analytics and operations research to improve food supplies to an increasingly crowded planet, has won the 2015 Franz Edelman Award for Achievement in Operations Research and the Management Sciences. The award is sponsored by the Institute for Operations Research and the Management Sciences (INFORMS®), the leading association for analytics professionals.

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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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