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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INFORMS
Catonsville, MD
[email protected]
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Nor1 to introduce innovative machine learning pricing methodology at INFORMS 2017 Business Analytics Conference

Nor1 to introduce innovative machine learning pricing methodology at INFORMS 2017 Business Analytics Conference

Hospitality Net, March 23, 2017

Nor1's Vice President, Technology, Kirby Bosch and Senior Vice President, Global Gaming, Pavan Kapur will illustrate this leading-edge approach during their presentation "Practical Approaches Using Customer Web Behavior to Maximize Hospitality and Gaming Revenue"  at the INFORMS 2017 Business Analytics Conference, Caesars Palace, Las Vegas. This informative session will focus on the business opportunity for individualized pricing as well as the technology stack needed to put the practice into production. It will also highlight the use of machine learning algorithms to calculate consumer price elasticity in real time to boost hotel room revenue.

Rainmaker to present total revenue management approach for casino hotels at INFORMS 2017

Rainmaker to present total revenue management approach for casino hotels at INFORMS 2017

Hospitality Technology, March 29, 2017

The Rainmaker Group will present a step-by-step approach to total revenue optimization for casino and gaming properties at the INFORMS 2017 Business Analytics Conference, being held at Caesars Palace in Las Vegas, April 2-4. During this strategic session, Angie Dobney, Rainmaker’s vice president of pricing and revenue management services, will detail the data-driven methodology behind the total revenue management approach that has been successfully implemented by many casino properties in recent years. 

The most impactful technologies coming to retail

The most impactful technologies coming to retail

Retail Touch Points, April 11, 2017

Suresh Acharya, INFORMS member and head of JDA Labs, discusses how, thanks to a shift in focus from "stuff" to "people," data science and machine learning are poised to take retail to new levels of efficiency, profitability, and customer satisfaction.

Pure Technologies Presents at Informs Analytics 2017

Pure Technologies Presents at Informs Analytics 2017

Yahoo! Finanance, April 3, 2017

Pure Technologies Ltd. will present to a group of operational research and management experts on the District of Columbia Water and Sewer Authority's ("DC Water") pipeline asset risk model during the 2017 Business Analytics Conference, hosted by INFORMS, the largest society in the world for professionals in the field of operations research, management science, and analytics. Firms attending Analytics 2017 include Amazon, Boeing, IBM and other major technology and analytical companies. Selection to present at Analytics 2017 serves as validation of Pure's advancing engineering services capabilities in delivering its Assess and AddressTM approach to utilities worldwide. 

When firms and customers share charitable responsibility, profits rise but donations fall

When firms and customers share charitable responsibility, profits rise but donations fall

News Release, April 10, 2017

CATONSVILLE, MD, April 10, 2017 – Firms sharing social responsibility for the social good with customers is generally seen as a win-win – more patronage from socially responsible customers and larger benefits to society. A forthcoming study in the INFORMS journal of Marketing Science, a leading academic marketing journal, however, questions the premise. 

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