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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.

Golf, productivity aren't always a good match

Golf, productivity aren't always a good match

The Augusta Chronicle , October 12, 2017

Research done for the INFORMS journal Management Science, which involved analysis of 300 CEOs from S&P firms between 2008 and 2012  found … the more a CEO played golf, the more that firm’s value and performance dropped. If the CEO played at least 22 rounds a year, the mean return on assets was more than 100 basis points lower than for firms whose CEOs played golf less frequently.

Job Hunters: Quality of contacts counts

Job Hunters: Quality of contacts counts

The Guam Daily Post, October 11, 2017

New research in the INFORMS journal Management Science finds that it's not the quantity of LinkedIn connections that you have, but the quality, when it comes to helping you search for a new job.

Testosterone may be at the root of stock market instability: Study

Testosterone may be at the root of stock market instability: Study

Fast Company, October 11, 2017

The double- blind study, “The Bull of Wall Street: Experimental Analysis of Testosterone and Asset Trading,” which was published in the INFORMS journal Management Science, gave either topical testosterone or a placebo to 140 young males and set them loose buying and selling financial assets to earn real money. The men who got the additional testosterone bought and sold more, created larger price bubbles, were prone to mis-pricing, and their perception of a stock’s value was skewed.

Job Hunters: Quality still tops quantity when it comes to contacts

Job Hunters: Quality still tops quantity when it comes to contacts

The Courier-Tribune, October 10, 2017

Before online social networks came along, finding a job was often times a matter of who you knew. The digital age hasn’t debunked that conventional wisdom. But it has deluded some into believing that having hundreds of connections on LinkedIn or other professional social networks will make their next job search quicker and more successful. However, a new study in the INFORMS journal Management Science found it's the quality, not the quantity that counts. 

Nobel in Economics is awarded to Richard Thaler

Nobel in Economics is awarded to Richard Thaler

The New York Times, October 9, 2017

Richard Thaler, renowned economist and published author in the INFORMS journals Interfaces, Management Science and Marketing Science, has been awarded the 2017 Nobel Memorial Prize in Economic Sciences.