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If Lehman Brothers had been called Lehman Sisters ... Research measured the dangerous effects of testosterone on the stock market

If Lehman Brothers had been called Lehman Sisters ... Research measured the dangerous effects of testosterone on the stock market

Business Insider Italia, November 11, 2017

According to a study published in the INFORMS journal Management Science, entitled The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading, testosterone contributes to fluctuations and in particular leads to overestimating values ​​and building dangerous bubbles and consequently leading to financial crackdowns.

What's the cause of stock market crashes? Too much testosterone, science says

What's the cause of stock market crashes? Too much testosterone, science says

Entrepreneur, November 11, 2017

The financial institutions that do work trading on the New York Stock Exchange are predominantly, perennially staffed by men. And now, a new study from the University of Western Ontario, University of Oxford and Claremont Graduate University, published in the INFORMS journal Management Science, has found that testosterone, the hormone found more so in men than in women, can be linked to the decisions that lead to stock market destabilization and crashes.

Studies suggest link between testosterone, stock market instability

Studies suggest link between testosterone, stock market instability

UPI, November 11, 2017

An international team of researchers recruited 140 young males to participate in experimental asset market simulation. Prior to the simulated trading period, the participants were given a topical gel containing testosterone or a placebo. The experiment's results - shared this week in the INFORMS journal Management Science - revealed more inflated price bubbles among markets inhabited by traders hopped up on testosterone.

Why supply chain professionals still need 'soft skills' in the technology era

Why supply chain professionals still need 'soft skills' in the technology era

Becker's Hospital Review, November 9, 2017

"Soft skills" such as communication and teamwork are crucial proficiencies for a supply chain leader to hold. However, these skills are often overlooked amid today's technology-driven industry, according to Yossi Sheffi, PhD, INFORMS member, Elisha Gray II professor of engineering systems at the Massachusetts Institute of Technology in Cambridge, and director of the MIT Center for Transportation and Logistics.

Cheat sheet: How to become a data scientist

Cheat sheet: How to become a data scientist

TechRepublic, November 7, 2017

Data scientists are in high demand, taking the coveted number 1 spot on Glassdoor's Best Jobs in America list in both 2016 and 2017. INFORMS is an international organization where those interested in exploring this field can seek out information about the profession as well as certification and training solutions.

Organization Appointments: Ramayya Krishnan

Organization Appointments: Ramayya Krishnan

The Chronicle of Higher Education, November 5, 2017

Ramayya Krishnan, dean of the Heinz College of Information Systems and Public Policy at Carnegie Mellon University, has been elected as president of the Board of Directors at INFORMS, an international association of operations-research and analytics professionals and students.

Nutrition: Restaurant menu labeling has a surprising result

Nutrition: Restaurant menu labeling has a surprising result

Los Angeles Daily News, November 4, 2017

The results of a forthcoming study in the INFORMS journal Marketing Science looking at the broader impact of calorie labeling on menus suggests that posting calorie info can not only induce more healthful choices by consumers in a restaurant, but may also affect how consumers review restaurants and redirect consumers towards more healthful options within restaurants.

According to a Recent Study/Survey ... End of October 2017 Edition

According to a Recent Study/Survey ... End of October 2017 Edition

Modern Restaurant Management, October 31, 2017

In 2008 New York City introduced a rule mandating calorie postings for chain restaurants that was intended to induce healthier choices by making calories salient inside the restaurant. A new study in the INFORMS journal Marketing Science shows that it also increases mentions about health in online restaurant reviews, potentially redirecting customers towards healthier restaurants.

Great Valley professor recognized for service by INFORMS

Great Valley professor recognized for service by INFORMS

Penn State News, October 30, 2017

Robin Qiu, professor of information science at Penn State Great Valley, is this year’s recipient of the Volunteer Service Award from the Institute for Operations Research and the Management Sciences (INFORMS). Established in 2016, the award recognizes exceptional volunteer service to the organization.

How to increase your brand's online ratings

How to increase your brand's online ratings

Site Pro News, October 27, 2017

The most powerful technique to increasing ratings is to respond to customer reviews. According to a forthcoming study in the INFORMS journal Marketing Science, managerial responses to reviews not only create higher ratings, but more accurate assessments as well. The authors of the study analyzed tens of thousands of hotel reviews from TripAdvisor where approximately one-third of reviews garner a response from management.

Lindo exhibits at INFORMS conference, Houston, 2017

Lindo exhibits at INFORMS conference, Houston, 2017

Houston Energy Industry News, October 27, 2017

The Institute for Operations Research and Management Sciences (INFORMS) holds its semi-annual meeting and exposition at the George R. Brown Convention Center, Houston, Texas, October 22 – 25, 2017. At the Lindo Systems Inc booth, I see that their optimization software is capable of doing linear, integer, and nonlinear programming. I ask Linus Schrage, Lindo President, how his company is helping businesses in the oil refining, petrochemical, and oil/gas industries. Here is what he has to say.

Testosterone makes the stock market more "frantic"

Testosterone makes the stock market more "frantic"

MedicItalia, October 25, 2017

A new study in the INFORMS journal Management Science, conducted by researchers from the Western University, Oxford University and Claremont Graduate University, found that testosterone can negatively impact the stability of the stock market.

Cell game: Novel software helping inmates find a home

Cell game: Novel software helping inmates find a home

The New York Times, October 24, 2017

A new computer program, developed by a team from Lehigh University, that matches inmates with suitable prisons has saved the Pennsylvania Department of Corrections about $3 million in its first year. Officials said it has resulted in fewer prison assaults, shortened wait times for treatment programs by nearly two months, reduced the number of prison transfers and lightened the workload of corrections staff. In recognition of their development, the Lehigh University team has received the INFORMS Wagner Prize, the top international prize in the field of operations research practice.

Men to blame for economic doom! Testosterone makes for high risk investments, study finds

Men to blame for economic doom! Testosterone makes for high risk investments, study finds

Express.co.uk, October 19, 2017

In a paper in the INFORMS journal Management Science called ‘The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading’, experts gave 140 young men an edible gel containing either a placebo or testosterone. The participants were then set an experimental task where they had to post bids and ask prices of assets, as well as buying and selling financial assets to earn money. The researchers found that among the group which received extra testosterone, larger price bubbles formed, there was more mispricing and their perception of a stock’s value changed dramatically.

This Is What Testosterone Has to Do with Stock Prices (Hint: A Lot)

This Is What Testosterone Has to Do with Stock Prices (Hint: A Lot)

Reader's Digest, October 18, 2017

High levels of testosterone have long been associated with dominant and aggressive behavior in men, but now it appears that high levels can cause male stock traders to mistakenly inflate stock prices, leading to terrible economic consequences. That’s what the authors of a new study published in the INFORMS journal Management Science concluded based on an experiment that was the first ever to test how testosterone levels (T-levels) can affect stock trading decisions.

Wall Street, finance is a matter of testosterone

Wall Street, finance is a matter of testosterone

Galileo, October 17, 2017

According to a new study in the INFORMS journal Management Science, the hectic world of Wall Street, dominated almost entirely by men, there is a strong link between male hormone, testosterone, and the way the shareholders manage business.

CMU dean elected to lead data science organization

CMU dean elected to lead data science organization

Pittsburgh Business Times, October 16, 2017

Ramayya Krishnan, dean of the Heinz College of Information Systems and Public Policy, has been elected to lead the 12,500 members of INFORMS, or the Institute for Operations Research and the Management Sciences, a professional association for operations research and analytics professionals and students.

Do calorie postings on menus influence us to choose healthier restaurants

Do calorie postings on menus influence us to choose healthier restaurants

Great Taste Magazine, October 13, 2017

In 2008, New York City mandated all chain restaurants to post the calories of items on their menus. The intent was to induce consumers to choose healthier items in the restaurant. A forthcoming  study  in the INFORMS journal Marketing Science, a leading scholarly marketing publication, investigated whether the calorie posting on menus has broader spillovers by impacting consumer evaluations of the restaurant. 

Job Hunters: Quality tops quantity when it comes to contacts

Job Hunters: Quality tops quantity when it comes to contacts

The Star Online, October 12, 2017

A new study in the INFORMS journal Management Science, which surveyed 424 jobseekers, found that it's not the number of professional connections you have, but the strength of these connections that really matters during a job search.