INFORMS in the News
E-commerce platforms should focus on sellers, not buyers
A new study to be published in the INFORMS journal Marketing Science explores the relationship between buyers and sellers on e-commerce platforms, and which has a greater impact on the platform's growth.
UNCW to offer Business Analytics degrees
Businesses in every sector are facing new challenges in managing and analyzing data, which requires a specific approach and unique set of quantitative skills. The Institute for Operations Research and Management Science (INFORMS) defines this specific approach as business analytics that facilitate the understanding of business objectives through reporting of data to analyze trends, creating predictive models for forecasting and optimizing business processes for enhanced performance. The Information Systems and Operations Management department in the Cameron School of Business is soon introducing a new concentration in business analytics as a response to the increasing demand from industries for students with the knowledge and skills in this area.
Inaugural volunteer service award presented during INFORMS Annual Meeting
Anna Nagurney, the John F. Smith Memorial Professor of Operations Management at the Isenberg School of Management, received the inaugural Distinguished Service Award from the Institute of Operations Research and the Management Sciences (INFORMS) at the society's annual meeting in Nashville, Tenn., Nov. 16. The award was established to recognize INFORMS members who have given their time and expertise to serve the community of INFORMS, the largest society for professionals in operations research, management science, and analytics.
INFORMS Koopman Prize presented to Penn State graduate students
Three Penn State industrial engineering graduate students, along with a recent industrial engineering alumnus, were named awardees of the prestigious Koopman Prize by the Institute for Operations Research and the Management Sciences (INFORMS). The prize, named after Bernard Koopman, a founding father of military operations research, is awarded annually to recognize outstanding publications in military operations research.
Do Facebook's privacy controls impact user behavior?
Despite the widespread popularity of online social network platforms, privacy remains a troublesome issue. A new study from the Naveen Jindal School of Management. The researchers used data obtained from Facebook to test the relationship between privacy controls and disclosure patterns of Facebook users based on two popular content-sharing activities: wall posts and private messages. assesses the impact of Facebook’s granular privacy controls and its effects on user disclosure behavior.
Founder of leading software company received INFORMS Impact Prize
Robert Phillips, founder of Nomis Solutions, a software company that applies cutting edge approaches to big data, advanced modeling, and deep analytics, was awarded the INFORMS Impact Prize. This award is presented every other year to individuals whose contributions include either an idea or technique that is widely used or a widespread methodology.
INFORMS Distinguished Fellow Award presented to University of Washington professor
The Information Systems Society of INFORMS presented its 2016 Distinguished Fellow Award was presented to Yong Tan, the Neal and Jan Dempsey Professor of Information Systems at the University of Washington Foster School of Business. This award recognize individuals who have made outstanding intellectual contributions to the information systems discipline.
UCSD professor awarded the INFORMS John von Neumann Theory Prize
UCSD professor of mathematics Ruth Williams on Tuesday night was awarded the prestigious John von Neumann Theory Prize, given annually by the Institute for Operations Research and the Management Sciences, for her pioneering research on the theory and applications of “stochastic networks and their diffusion approximations.” Williams, who holds the Charles Lee Powell Endowed Chair in Mathematics, shared the award with Martin Reiman of Columbia University’s department of industrial engineering and operations research. Both researchers accepted their prize of $5,000, a medallion and a citation at an annual INFORMS meeting in Nashville, Tenn.
3 Things You Need to Know Before You Start Your Holiday Shopping this Year
Following a lackluster 2015 holiday shopping season, a recent study in the INFORMS journal Marketing Science provides three tips for holiday shoppers this year: there should be limited instances when they will have to pay for shipping; savings will be spread out throughout the season, not just on Black Friday and Cyber Monday; and outlets are an increasingly viable option to find quality merchandise.
INFORMS presents Penn State grad student with two awards at Annual Meeting
Deepak Agrawal, a doctoral student in industrial engineering, will be receiving two awards at the Institute of Operations Research and the Management Sciences (INFORMS) 2016 Annual Meeting in Nashville. Agrawal will be receiving the Judith Liebman Award and INFORMS Volunteer Service Award at the Meritorious Level. The awards were designed to recognize INFORMS members who have made exceptional and sustained contributions to their university’s INFORMS chapter.
PROS Scientists Selected to Address 2016 INFORMS Annual Meeting
PROS, the revenue and profit realization company, announced that members of its Science and Research team – Ravi Kumar, Ph.D., Ang Li, Ph.D, and Wei Wang, Ph.D. – will deliver presentations based on their research at the 2016 INFORMS Annual Meeting in Nashville, Tenn., at the Music City Center. More than 5,000 leading academics, industry experts, INFORMS members, students and government agency representatives are expected to attend.
INFORMS John von Neumann Theory Prize awarded to UCSD professor
Ruth Williams, Ph.D., was awarded the John von Neumann Theory Prize at the annual meeting of the Institute for Operations Research and the Management Sciences (INFORMS) in Nashville, TN. She shares the award with researcher Martin Reiman from the Department of Industrial Engineering and Operations Research at Columbia University. The John von Neumann Prize, considered the Nobel Prize in the math field, is named after a famed mathematician and was established in 1975.
Lone Star Analysis showcases multi-criteria modeling at INFORMS Annual Meeting
During the 2016 INFORMS Annual Meeting in Nashville, Steve Roemerman, CEO of Lone Star Analysis presented, "A Multicriteria, Multiplayer Model: The Protest Casino." Mr. Roemerman described simulation and modeling for public policy in Federal acquisitions. His co-author was Randal Allen. The work presented at INFORMS involved modeling competitive behavior among bidders using game theory methods, econometrics, and policy analysis among other academic fields.
University of Tennessee faculty support INFORMS Annual Meeting in Nashville
Bogdan Bischescu, an associate professor of management science at University of Tennessee, is serving as program chair for the Institute for Operations Research and the Management Sciences (INFORMS) Annual Meeting November 13–16 in Nashville, Tennessee. Seven faculty members from the Haslam College of Business and Tickle College of Engineering join him on the conference’s organizing committee.
Want to Increase Donations? Choose Your Words Carefully.
A new study in the INFORMS journal Marketing Science found that leveraging psychological theories on sympathy when drafting a fundraising letter can increase donations by more than 300 percent.
The benefits of working outside your field
After dedicating a significant number of years and money to earning a university degree, what motivates people to voluntarily work in jobs outside their field? In a study selected for publication in the INFORMS journal Organization Science, study author Briana Sell Stenard, INFORMS member and assistant professor of management and entrepreneurship at the Stetson School of Business and Economics at Mercer University, explored the factors that contribute to this including loss of interest, better pay and working conditions, higher positions, and increased flexibility.
The pub crawl of a lifetime
Planning a pub crawl and need to know the shortest distance between each of your stops? INFORMS member Professor William Cook from the University of Waterloo, Canada has done just that on a much grander scale than could be accomplished in one night of festivities. Using the "traveling salesman problem" approach, Cook plotted the coordinates of 24,727 pubs in the U.K. to ascertain the shortest possible route between them all.
The science of soup
You may not realize it, but a shocking amount of science and technology is behind every can of soup. INFORMS member Joseph Byrum, senior R&D and strategic marketing executive with Syngenta explores the extensive research that goes into plant genetics and breeding to canning to create a 'simple' can of tomato soup.
O.R. analyst ranks among top paying jobs for women
Operations research analyst ranks at number 10 on a list of the 17 the highest paying jobs for women.
INFORMS member working to enhance oil system safety
INFORMS member Jennifer Pazour, assistant professor of industrial and systems engineering at Rensselaer Polytechnic Institute has been named a recipient of a 2016 Gulf Research Program Early-Career Research Fellowship, a program that funds activities to enhance oil system safety and the protection of human health and the environment in the Gulf of Mexico and U.S.