The authors acknowledge, with thanks, the helpful comments received from an associate editor on a previous draft of this paper. The authors also thank Market Probe, Inc. for providing the bank customer satisfaction data, a portion of which is used for the last example.
A Framework for Measuring the Importance of Variables with Applications to Management Research and Decision Models*
Version of Record online: 7 JUN 2007
Volume 31, Issue 3, pages 595–625, September 2000
How to Cite
Soofi, E. S., Retzer, J. J. and Yasai-Ardekani, M. (2000), A Framework for Measuring the Importance of Variables with Applications to Management Research and Decision Models. Decision Sciences, 31: 595–625. doi: 10.1111/j.1540-5915.2000.tb00936.x
Ehsan S. Soofi is a profeso o statistics at th School of Business Aministration, University of Wisconsin-Milwauke. He received his BA in mathematics from UCLA, MA in statistics from the Univesity of California, Bekeley, and PhD in applied Statistics from the Univrsity of Califonia, Riveside, Dr. Soofi is a Fellow of the American Statistical Association. He is an associate editor of the Journal of the American Statistical Association sice 1991, and a vice president of the International Association for Statistical Computing for 1999–2001. His reseach interest is in the areas of information-theoretic, Bayesian, computational, and graphical statistics, and their application in management research and decision problems. His aticles have appeared in the Journal of the American Statistical Association, Journal of the Royal Statistical Society, Biomtrika, Journal of Econometrics, Operations Research, and Marketing Science.
Joseph J Retzer is the Director of Marketing Sciences, Telecom Research Group, for Maritz Marketing Research Inc. (MMRI), Oak Brook, IL. Prior to joining MMRI, he was director of Product Development at Market Probe, Market Research, Inc. He holds a BA and MA Degree in economics, and a PhD in management science from the University of Wisconsin-Milwaukee. He has taught statistics, Economics, and management science at the University of Wisconsin-Milwaukee at both the graduate and undergraduate levels. His Research interests include statistical and econometric modelig of marketig models in both classical and Bayesian frameworks.
Masoud Yasai-Ardekani is a professor of strategic management at the School of Business Administration, University of Wisconsin-Milwaukee. He holds a BS in electrical engineering from the Imperial College of Science and Tecnology, University of London, an MS in adminitrative sciences, and a PhD in management studies from the Graduate Business Center, the City University, London. His research focuses on designs for strategic planning processes and their effectiveness, performance implications of strategy-environment alignments, strategic and structural responses to environments, and management of Strategic change and turnaround. He has published his research in journals such as Academy of Management Journal, Academy of Management Review. Strategic Management Journal, IEEE Transactions on Engineerig Management, MIS Quarterly, and Management Science.
- Issue online: 7 JUN 2007
- Version of Record online: 7 JUN 2007
- Received: March 13, 2000. Accepted: September 27, 2000
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