Press Releases

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.

New study shows important economic contributions of H-1B visas

New study shows important economic contributions of H-1B visas

CATONSVILLE, MD, June 7, 2017 – A new study in the INFORMS journal Management Science shows that the U.S. economy is strengthened by H-1B visa holders who fill key roles in enhancing organizations and supplementing the work of their U.S. peers. This is particularly true for trades like the U.S. audit industry that employ a large number of individuals who hold H-1B visas, and who recruit highly skilled foreign workers for specialty occupations. 

Generous health insurance plans encourage overtreatment, but may not improve health

Generous health insurance plans encourage overtreatment, but may not improve health

CATONSVILLE, MD, June 2, 2017 – Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a forthcoming study in a leading scholarly marketing journal, the INFORMS journal Marketing Science, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes. This in turn raises costs for the insurer and future prices for the insured. 

Paying online community members to write product reviews backfires badly

Paying online community members to write product reviews backfires badly

CATONSVILLE, MD, May 1, 2017 – Online user reviews have become an essential tool for consumers who increasingly rely on them to evaluate products and services before purchase. The business models of online review platforms such as Yelp and TripAdvisor, and e-commerce sites such as Amazon and Expedia critically depend on them. Should such sites pay users to encourage them to write reviews? According to a forthcoming study in the INFORMS journal Marketing Science, a leading academic marketing journal, that is a bad idea.

Student teams use Analytics, Operations Research to help solve global hunger

Student teams use Analytics, Operations Research to help solve global hunger

LAS VEGAS, NV, April 4, 2017 – With the backdrop of a fast-growing growing global population and looming challenges to produce enough food to feed the world, a group of students from the University of Warwick, Nottingham University, and Cardiff University in the United Kingdom have developed a new method to develop better-performing soybean strains that could lead to a world-wide increase in food production.