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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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Proof Points: The $25,000 Zoom Rig Designed to 'Shock and Awe' Students

Proof Points: The $25,000 Zoom Rig Designed to 'Shock and Awe' Students

The Hechinger Report, October 12, 2020

If you had to teach remotely and money were no object, what kind of home studio would you build? You might find inspiration atop a Tennessee garage. That’s where a business school professor commandeered his kids’ playroom and spent more than $25,000 on audio and video gear to create a state-of-the-art Zoom classroom for the pandemic era.

Parson Campaigns on Falling COVID-19 Death Rate. But More Missourians are Dying Now.

Parson Campaigns on Falling COVID-19 Death Rate. But More Missourians are Dying Now.

The Kansas City Star, October 15, 2020

As Gov. Mike Parson campaigns across Missouri to defend his widely criticized handling of the COVID-19 pandemic and asks voters to grant him a full term, he has promoted an eye-catching statistic that suggests his administration has tamed the deadly virus. “In April, when our death rate was at 8 percent – close to 8 percent – today, it is at 0.7,” Parson said at last Friday’s gubernatorial debate. He also cited the data while speaking to reporters last week.

How Milgrom and Wilson Changed the Face of Auctions

How Milgrom and Wilson Changed the Face of Auctions

Business Daily Media, October 15, 2020

The most celebrated theory in all of economics, the so-called First Welfare Theorem, says that, provided there is perfect competition and perfect information, free markets allocate resources resources efficiently. In other words, it says the father of economics Adam Smith was right, that the “invisible hand” of the market works in the best interest of society. Often the conditions are not met, and much of modern economics is about how to improve the otherwise suboptimal outcomes delivered by unfettered markets.

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