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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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Decision Science Digest: March 29, 2023

Decision Science Digest: March 29, 2023

News Release, March 29, 2023

BALTIMORE, MD, March 29, 2023 –

 EDITOR’S NOTE: Decision Science Digest is a periodic communique highlighting recent peer-reviewed research published by INFORMS, the largest association for the decision and data sciences, across its 17 journals. This issue highlights four press releases based on the findings of new peer-reviewed articles.

  • Online Auction Sales Determined by Length of Time Item is Available, Length of Item Description (INFORMS journal Information Systems Research)
  • Setting Healthy Consumption Goals Isn’t a Losing Scenario for Businesses: While it May Reduce Sales, Profits Increase (INFORMS journal Management Science)
  • Saving Up or Cashing Out: The Impact Employer Decisions Have on Employee Retirement Decisions (INFORMS journal Marketing Science)
  • New Research Looks at the Ripple Effects of Ads on Presidential Elections (INFORMS journal Management Science)
WATCH: Advice for filling out your NCAA bracket

WATCH: Advice for filling out your NCAA bracket

Channel 3000, March 15, 2023

UW-Madison professor of industrial and systems engineering and bracketologist Laura Albert joins Live at Four to talk about how to fill out your bracket for this year's NCAA tournament.

An experiment at a CPA firm revealed how much training through play achieves results

An experiment at a CPA firm revealed how much training through play achieves results

Time News, March 21, 2023

Organizational training is not a fun process or a game, but maybe it should be that way. Most of us have used (often reluctantly) corporate learning systems, such as skimming through the 50 slides of PowerPoint presentations. A new study by the CPA firm KPMG shows that training through game techniques done correctly – lessons that are conducted carefully and over time, incorporating elements such as progress through challenges and different levels, immediate feedback, points and competition – can significantly improve employee performance.

Business names and changes for the week of March 19, 2023

Business names and changes for the week of March 19, 2023

The Roanoke Times, March 19, 2023

Christopher “Topher” Merrill has been appointed to the Roanoke College Board of Trustees. The board also granted emeritus status to retired Roanoke College registrar Leah Russell, and former board of trustees members David L. Guy and John E. Lang.

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