While generative AI (GenAI) can help define viable objectives for organizational and policy decision-making, the overall quality of those objectives falls short unless humans intervene.
Travelers systematically give restaurants higher online ratings than locals do, revealing a “tourist bias” that could distort how diners and platforms interpret online reviews.
Prepopulating e-commerce search bars with trending or personalized keywords can meaningfully increase both purchasing and consumer spending.
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A news study in the INFORMS journal Marketing Science finds that posting calories on menus in chain restaurants not only shifts customers towards healthier alternatives but also had broader spillovers by impacting consumer evaluations of the restaurant.
INFORMS, the leading international association for operations research and analytics professionals, offers its Essential Practice Skills for High-Impact Analytics Projects workshop. This intensive hands-on, workshop explores the concept of “structured problem solving” and provides participants with practical frameworks to go from ISSUE to ACTION. It combines approaches for analytical and creative problem solving, strategies for communicating and persuading, and processes for managing projects and working in teams.
CATONSVILLE, MD, October 10, 2017 – In the U.S. today, the majority of professional stock market traders are young males and new evidence suggests biology strongly influences their trading behavior. According to a new study in the INFORMS journal Management Science, this could be a significant contributor to fluctuations in the market, as high testosterone levels can cause these traders to overestimate future stock values and change their trading behavior, leading to dangerous prices bubbles and subsequent crashes.
Richard Thaler, renowned economist and published author in the INFORMS journals Interfaces, Management Science and Marketing Science, has been awarded the 2017 Nobel Memorial Prize in Economic Sciences.
New research, recently published in the INFORMS journal Organization Science, examines how automation can limit pilots’ abilities to respond to "loss of control" incidents like the one that led to the crash of flight AF447, as becoming more dependent on technology can erode basic cognitive skills. By reviewing expert analyses of the disaster and analyzing data from AF447’s cockpit and flight data recorders, the researchers found that AF447, and commercial aviation more generally, reveal how automation may have unanticipated, catastrophic consequences that, while unlikely, can emerge in extreme conditions.
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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