The INFORMS Analytics Body of Knowledge (ABOK), released earlier this year at the INFORMS Annual Meeting in Phoenix, AZ, has been named second on the list of “22 Best New Analytics Books to Read in 2019” by BookAuthority, which identifies and rates the best books in the world, based on public mentions, recommendations, ratings and sentiment.
According to a new study in the INFORMS journal Management Science, companies choosing to engage in corporate social responsibility (CSR) have higher profit margins and valuation, but lower risk. These benefits are amplified when the corporation already has high product differentiation, but at the same time, high CSR helps boost product differentiation. Companies with high CSR also have more stable returns on their assets.
As more enterprise firms and their customers start to question the use of data in analytics, research and artificial intelligence tools, INFORMS is offering an 18-point set of guidelines to ensure ethics in quantitative decision-making.
While problems with flu vaccine distribution in the United States may cost lives and pose a serious threat in the event of a flu pandemic, a new computer model shows that proposed changes to the current distribution system could save thousands of lives. INFORMS members Pinar Keskinocak of the Georgia Institute of Technology, Julie Swann of North Carolina State University, and Zihao Li, a PhD student of Georgia Tech at the time who is currently working at the Centers for Disease Control and Prevention conducted research that found by replenishing flu vaccine stocks in regions where they are being used up and not replenishing them in areas where vaccines are piling up because people aren't getting flu shots would have a population-wide benefit by increasing the total number of vaccinated people. They would then be less likely to get sick and to infect others, reducing the overall flu wave. This change to flu vaccine distribution could save thousands of lives in a regular flu season, and even more in a flu pandemic.
The 2019 INFORMS Business Analytics Conference in Austin, TX has been named among the best data and analytics conferences and events to attend in 2019! Join over 1,000 leading analytics professionals and industry experts in discovering new mathematical solutions to problems, networking strategies for advancing your career, and recognizing individual and team efforts within your field with most prestigious awards in analytics and operations research. The INFORMS Analytics Conference delivers three days of intensive learning about the latest innovations in analytics.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
An audio journey of how data and analytics save lives, save money and solve problems.
Can we really trust AI to make better decisions than humans? A new study says … not always. Researchers have discovered that OpenAI’s ChatGPT, one of the most advanced and popular AI models, makes the same kinds of decision-making mistakes as humans in some situations—showing biases like overconfidence of hot-hand (gambler’s) fallacy—yet acting inhuman in others (e.g., not suffering from base-rate neglect or sunk cost fallacies).
The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
From Tesla to SpaceX to xAI, Elon Musk’s sprawling global business empire will be slammed by Trump’s tariffs regime. Here’s how.
A bipartisan push in Congress would return the power to impose tariffs to the legislature.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.