Benefits of Super Bowl ads linger in the months following the annual game, with sales boosts during other major sporting events like NCAA March Madness, NBA playoffs and MLB games, according to a study in the INFORMS journal Marketing Science.
A study recently published in the INFORMS journal Management Science finds lower rates of within-industry entrepreneurship in states with strong noncompete enforcement. Using data on about 5.5 million new firms in 30 states, the researchers found that strongly bound workers were significantly less likely to build new companies within the same industry.
Bros don't know. In a new study in the INFORMS journal Management Science, individuals and groups of three were given general-knowledge and forecasting questions. All-male groups had worse discussion dynamics than groups with at least one woman. As a result, their judgments were more poorly calibrated than the other groups’ — and even compared to individual men or women.
We’ve all heard the story of Vincent van Gogh cutting his ear off and of Jackson Pollock’s alcoholism and depression. The struggles facing the creative “genius” are so ingrained in our culture that it has its own moniker: “tortured artists.” Some of the greatest creators of all time are synonymous with depression. But a new study in the INFORMS journal Management Science finds that work created by artists when they are unhappy is valued less than their other works.
In the next three weeks, SEC fans will ponder, debate, agonize and pray over which school their most-coveted recruits will choose on National Signing Day. But a mathematical model has already made the call for all of them – sort of. The model, designed by Iowa Ph.D. candidate Kristina Bigsby, relies on social media posts and “basic biographical information” – presumably including publicly available data like hometown and school. Her work was published in the journal Decision Analysis, from INFORMS.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
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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.
From Tesla to SpaceX to xAI, Elon Musk’s sprawling global business empire will be slammed by Trump’s tariffs regime. Here’s how.
A bipartisan push in Congress would return the power to impose tariffs to the legislature.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.