By examining the actual causes of why patients choose more generous health insurance coverage and costly treatments, a recent Marketing Science study discovered that not just cost, but the lack of knowledge and uncertainty about effectiveness of other treatments, drives choice.
With the Energy Department's clean energy programs facing significant funding cuts, how should the department focus its limited funding for the greatest energy and environmental impact? Erin Baker, INFORMS member and professor at the University of Massachusetts Amherst, and her colleagues, explored a number of recent studies to identify clean energy technologies that will have a positive environmental impact, despite decreased federal funding.
Operations Research is one of the top 10 hottest degrees for veterans and members of the military who are transitioning to a civilian career, according to the G.I. Jobs list, 2017 Hot Degrees for Veterans.
Ali Haghani, INFORMS member and University of Maryland professor, helped the Howard County Public School System in Maryland to analyze its school bus transportation system and recommend ways to improve it.
A study by researchers at the University of Colorado Boulder and Santa Clara University aimed to shed light on whether or not companies would benefit by paying customers to review their products and services. The report, which will appear in the INFORMS journal Marketing Science, found that paying for reviews was simply a bad idea.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
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).
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
Oklahoma State University's Sunderesh Heragu joins LiveNOW's Austin Westfall to discuss the evolving economic landscape after President Trump implemented tariffs on some of our biggest trade partners. Most tariffs have been halted for now -- but not with China. Beijing and the White House have levied steep tariffs on each other. Trump announced that tariffs on China would reach 145 percent. In response, China imposed 125 percent tariffs on U.S.-imported goods.
Washington’s experiment with tariff trade torment makes lab costs soar; ‘it’s like doubling the price tag’, US researcher says
In the case of upgrading electrical and broadband infrastructure, new analysis from the University of Massachusetts Amherst reveals {that a} “dig once” strategy is almost 40% more economical than changing them individually.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.