Press Releases

University of Iowa researchers develop new model to predict which universities student athletes will commit to

University of Iowa researchers develop new model to predict which universities student athletes will commit to

CATONSVILLE, MD, December 12, 2017 – With revenue from college football at an unprecedented $3.4 billion annually, universities across the country invest tens of millions each year in recruitment efforts to attract high school athletes to play for their football teams. But with talented players typically receiving scholarship offers from multiple universities, team rosters are in limbo until student athletes commit to a university. However, a new study in the INFORMS journal Decision Analysis shares how social media can provide universities with valuable insight into the decision-making process of their recruits.

Tortured artists torture their wallet: New study finds artwork created by artists when they are unhappy is worth up to 35 percent less than their o...

Tortured artists torture their wallet: New study finds artwork created by artists when they are unhappy is worth up to 35 percent less than their o...

CATONSVILLE, MD, December 4, 2017 – The term ‘tortured artists’ has been used to describe some of history’s greatest painters, from Vincent Van Gogh and Henri de Tolousse-Lautrec to Pablo Picasso and Jackson Pollock. They are credited with creating some of the world’s most recognized works of art despite lives that were often characterized by great emotional unrest and personal unhappiness. But does misery really beget valuable works of art?  According to a new study in the INFORMS journal Management Science, personal unhappiness, particularly that experienced in times of mourning or bereavement, can actually cause a significant decrease in the value of an artist’s work. 

The hidden cost of crime: Tanzanians pay as much as 7% to protect money from theft

The hidden cost of crime: Tanzanians pay as much as 7% to protect money from theft

CATONSVILLE, MD, November 13, 2017 – “Mobile money,” a checking account attached to a mobile phone number, has revolutionized the financial lives of millions of people in many developing countries without access to a banking infrastructure. Using text messages or apps on consumer phones and in partnership with mom-and-pop retailers, who serve as cash-in and cash-out points, telecom companies have created an accessible and cost-effective virtual banking infrastructure in many developing countries. 

Harnessing the wisdom of crowds: New online resource shares impact of analytics on crowdsourcing

Harnessing the wisdom of crowds: New online resource shares impact of analytics on crowdsourcing

CATONSVILLE, MD, October 30, 2017 – From reporting traffic jams using the Waze app to a colony of ants working together to achieve extraordinary feats, examples of crowdsourcing and collective intelligence are all around us. As the problems that we face grow in complexity, the speed and reach of communications and data flow are vastly improving now that just about anyone can act as a consultant on a problem by providing their own individual expertise and information. Analytics can be used to refine this insight from groups to improve solutions to problems in a variety of areas including economics, computer science, biology, communications, political science, and organizational behavior

Lehigh University and Pennsylvania Department of Corrections honored with prestigious international award for program revolutionizing inmate assign...

Lehigh University and Pennsylvania Department of Corrections honored with prestigious international award for program revolutionizing inmate assign...

CATONSVILLE, MD, October 25, 2017 – Nearly 100 unique factors have to be considered during the complicated task of assigning inmates to any of the Pennsylvania Department of Correction’s 25 facilities.  What once took seven employees nearly a week to accomplish can now be completed in less than 10 minutes at an expected savings of nearly $3 million, thanks to an algorithm created by a team of Lehigh University students and professors, and the Pennsylvania Department of Corrections. In recognition of their unique new application of operations research (O.R.), Tamás Terlaky, Mohammad Shahabsafa, Chaitanya Gudapati, Anshul Sharma, Louis J. Plebani, and George R. Wilson, Lehigh University; and Kristofer B. Bucklen, Pennsylvania Department of Corrections, were presented the Daniel H. Wagner Prize for Excellence in Operations Research Practice by INFORMS, the leading international association for analytics and operations research professionals.

INFORMS members raise thousands to help make a difference for Houston’s homeless

INFORMS members raise thousands to help make a difference for Houston’s homeless

HOUSTON, TX, October 24, 2017 – For the homeless men, women, and children of Houston still struggling in the aftermath of Hurricane Harvey, a helping hand came from an unexpected source –1,000 comfort kits with essential toiletries and hygiene items assembled by the attendees of the INFORMS 2017 Annual Meeting, held in Houston, October 22-25. 

CMU Dean Ramayya Krishnan Elected to Top Leadership Spot at INFORMS

CMU Dean Ramayya Krishnan Elected to Top Leadership Spot at INFORMS

CATONSVILLE, MD, October 13, 2017 - INFORMS, the leading international association for operations research and analytics professionals, announced today that Ramayya Krishnan, Ph.D., Dean of Carnegie Mellon University’s Heinz College of Information Systems and Public Policy, has been elected as the 25th President of the INFORMS Board of Directors.

INFORMS congratulates Nobel Prize winner Richard Thaler

INFORMS congratulates Nobel Prize winner Richard Thaler

CATONSVILLE, MD, October 12, 2017 - INFORMS congratulates Richard H. Thaler, renowned behavioral economist and researcher, who was awarded the 2017 Nobel Memorial Prize in Economic Sciences for his outstanding contributions to the field of economics. Among the citations prominently featured by the Nobel Prize committee in Professor Thaler’s award was his seminal 1985 paper on his now famous theory of mental accounting, which was published in the INFORMS journal Marketing Science.

Raging Bull: First study to find causation between testosterone levels and stock market instability

Raging Bull: First study to find causation between testosterone levels and stock market instability

CATONSVILLE, MD, October 10, 2017 – In the U.S. today, the majority of professional stock market traders are young males and new evidence suggests biology strongly influences their trading behavior. According to a new study in the INFORMS journal Management Science, this could be a significant contributor to fluctuations in the market, as high testosterone levels can cause these traders to overestimate future stock values and change their trading behavior, leading to dangerous prices bubbles and subsequent crashes.

Calorie postings on menus spill into increased health mentions in online restaurant reviews

Calorie postings on menus spill into increased health mentions in online restaurant reviews

CATONSVILLE, MD, October 9, 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. The study finds that health mentions about the foods increased significantly in online reviews after the calorie posting regulation. The result suggests that calorie posting can not only shift consumers towards healthier alternatives when inside a restaurant, but can also have spillovers on other customers reading the reviews by potentially redirecting them towards healthier restaurants and food items. 

INFORMS 2018 Board of Directors unites industry and academic leaders

INFORMS 2018 Board of Directors unites industry and academic leaders

CATONSVILLE, MD, October 4, 2017 – Leaders in industry and academia from around the world are among those who will be joining the INFORMS Board of Directors in 2018. INFORMS, the leading international association for operations research and analytics professionals, today announced the newest members elected to its BOD, which is comprised of the leading minds in both the academic and industry sectors of operations research (O.R.) and analytics. 

Certified Analytics Professional program earns prestigious ANSI accreditation

Certified Analytics Professional program earns prestigious ANSI accreditation

CATONSVILLE, MD, October 2, 2017The Certified Analytics Professional (CAP®) program, the only global professional certification for analytics practitioners, has been accredited by the American National Standards Institute (ANSI), the American member of the International Organization for Standardization (ISO), furthering its distinction to what CIO Magazine earlier this year called one of the top “big data certifications that will payoff.”

She loves me, she loves me not: The analytics behind finding true love through online dating services

She loves me, she loves me not: The analytics behind finding true love through online dating services

CATONSVILLE, MD, September 12, 2017 – Looking for love online? You are not alone. Nearly 50 percent of the American public knows someone who has used an online dating site and 5 percent of Americans who are married or in committed relationships today met their significant other online. But with so many different online dating platforms, how can users know which one will best meet their needs? According to a new study in the INFORMS journal Management Science, it all depends on if you are comfortable with rejection. If not, be prepared to pay more.

Analytics and agriculture: New online library shares how analytics is transforming the way we feed the world

Analytics and agriculture: New online library shares how analytics is transforming the way we feed the world

CATONSVILLE, MD, September 5, 2017 – As the world’s population continues to grow, the role of analytics and operations research (O.R.) in developing effective new approaches to food production is becoming increasingly important. From more efficient distribution of water resources, to better management of meat and dairy production, to smarter crop cultivation, analytics is having a significant impact in the fight against global hunger. 

When it comes to looking for jobs, it’s not how many you know, but how well you know them, according to new research

When it comes to looking for jobs, it’s not how many you know, but how well you know them, according to new research

CATONSVILLE, MD, August 30, 2017 – While online networking sites enable individuals to increase their professional connections, to what extent do these ties actually lead to job opportunities? A new study in the INFORMS journal Management Science finds that, despite the ability to significantly increase the number of professional connections and identify more job leads with limited effort on these sites, unless the connection is a strong one, they typically will not lead to job offers.

INFORMS adds new Director of Education and Industry Outreach to Leadership Team

INFORMS adds new Director of Education and Industry Outreach to Leadership Team

CATONSVILLE, MD, August 28, 2017 – INFORMS, the leading international association for operations research (O.R.) and analytics professionals, is pleased to announced that Tasha R. Inniss, Ph.D. has joined its leadership team as the inaugural Director of Education and Industry Outreach. Inniss has overall responsibility for INFORMS’ education, practice, industry outreach, and professional development activities and programs.

Gaining distribution in small retail formats bring big payoffs even for major brands

Gaining distribution in small retail formats bring big payoffs even for major brands

CATONSVILLE, MD, August 11, 2017 – Small formats with limited assortments like Save-A-Lot and Aldi and neighborhood stores like Target Express have been growing recently in popularity in the United States and around the world. For brands, the limited assortments mean greater competition for shelf-space, raising the question of whether it is worth expending marketing effort and slotting allowances to get on to their shelves. According to a forthcoming study in a leading INFORMS scholarly marketing journal, Marketing Science, the answer is “yes.” Gaining the same increase in distribution penetration from limited assortment stores provide much larger increases in sales, relative to that from large assortment stores.

Sunny, rainy, or cloudy: New study shows how weather can impact consumer purchase response to mobile ads

Sunny, rainy, or cloudy: New study shows how weather can impact consumer purchase response to mobile ads

CATONSVILLE, MD, July 20, 2017 – Among the many factors that impact digital marketing and online advertising strategy, a new study in the INFORMS journal Marketing Science provides insight to a growing trend among firms and big brands … weather-based advertising. According to the study, certain weather conditions are more amenable for consumer responses to mobile marketing efforts, while the tone of your ad content can either help or hurt such response depending on the current local weather.

New study provides BRCA mutation carriers guidance for when surgery has greatest impact

New study provides BRCA mutation carriers guidance for when surgery has greatest impact

CATONSVILLE, MD, July 19, 2017 – Of the women who carry the mutated BRCA1/2 genes, 45-65 percent will develop breast cancer, and 15-39 percent will develop ovarian cancer in their lifetimes. Many women, especially those who have experienced the death of family members to these cancers, elect to undergo preventive surgeries that can significantly increase life expectancy, but require extensive recovery time and can impact later fertility and quality-of-life. However, few guidelines exist that shed light on the optimal age to undergo these procedures, and in what sequence. A new study in the INFORMS journal Decision Analysis provides insight to help enable physicians and patients make better-informed choices.