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
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Hospitals Swallowing Independent Practices—New Research Finds the Vertical Integration Leads to Higher Costs, Worse Patient Health Outcomes

Hospitals Swallowing Independent Practices—New Research Finds the Vertical Integration Leads to Higher Costs, Worse Patient Health Outcomes

News Release, August 31, 2023

BALTIMORE, MD, August 31, 2023 – It’s been adopted more regularly across U.S. healthcare systems – vertical integration is when physicians work directly for hospitals rather than independent practices. The intention is to have positive outcomes for patients, but new research forthcoming in the INFORMS journal Management Science finds that vertical integration is leading to higher costs and worse health outcomes, thanks to improperly aligned financial incentives.

Unleashing the Power of AI: Unveiling the ‘Black Box’ with Blockchain Tech

Unleashing the Power of AI: Unveiling the ‘Black Box’ with Blockchain Tech

Comps Magazine, August 25, 2023

The marriage of blockchain and artificial intelligence (AI) has been a topic of discussion in tech circles, particularly within the financial sector. These two highly publicized technologies have the potential to address each other’s limitations and create a more transparent and accountable system.

The Predictive Power Of Social Media Data In Fashion Forecasting

The Predictive Power Of Social Media Data In Fashion Forecasting

The News Motion, August 23, 2023

Fashion and social media are both ever evolving. So why not put the two together? New research in Manufacturing & Service Operations Management says utilizing social media to predict sales of apparel and footwear items based on social media posts and interactions about color is possible and successful.

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