Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory

This editorial suggests moving beyond relying on the dominant logic of multiple regression analysis (MRA) toward thinking and using algorithms in advancing and testing theory in accounting, consumer research, finance, management, and marketing. The editorial includes an example of testing an MRA mod...

Full description

Bibliographic Details
Main Author: Woodside, Arch
Format: Journal Article
Published: Elsevier 2013
Online Access:http://hdl.handle.net/20.500.11937/5040
_version_ 1848744684632932352
author Woodside, Arch
author_facet Woodside, Arch
author_sort Woodside, Arch
building Curtin Institutional Repository
collection Online Access
description This editorial suggests moving beyond relying on the dominant logic of multiple regression analysis (MRA) toward thinking and using algorithms in advancing and testing theory in accounting, consumer research, finance, management, and marketing. The editorial includes an example of testing an MRA model for fit and predictive validity. The same data used for the MRA is used to conduct a fuzzy-set qualitative comparative analysis (fsQCA). The editorial reviews a number of insights by prominent scholars including Gerd Gigerenzer's treatise that “Scientists' tools are not neutral.” Tools impact thinking and theory crafting as well theory testing. The discussion may be helpful for early career scholars unfamiliar with David C. McClelland's brilliance in data analysis and in introducing business research scholars to fsQCA as an alternative tool for theory development and data analysis.
first_indexed 2025-11-14T06:05:23Z
format Journal Article
id curtin-20.500.11937-5040
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T06:05:23Z
publishDate 2013
publisher Elsevier
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-50402017-09-13T14:47:33Z Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory Woodside, Arch This editorial suggests moving beyond relying on the dominant logic of multiple regression analysis (MRA) toward thinking and using algorithms in advancing and testing theory in accounting, consumer research, finance, management, and marketing. The editorial includes an example of testing an MRA model for fit and predictive validity. The same data used for the MRA is used to conduct a fuzzy-set qualitative comparative analysis (fsQCA). The editorial reviews a number of insights by prominent scholars including Gerd Gigerenzer's treatise that “Scientists' tools are not neutral.” Tools impact thinking and theory crafting as well theory testing. The discussion may be helpful for early career scholars unfamiliar with David C. McClelland's brilliance in data analysis and in introducing business research scholars to fsQCA as an alternative tool for theory development and data analysis. 2013 Journal Article http://hdl.handle.net/20.500.11937/5040 10.1016/j.jbusres.2012.12.021 Elsevier restricted
spellingShingle Woodside, Arch
Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title_full Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title_fullStr Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title_full_unstemmed Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title_short Moving Beyond Multiple Regression Analysis to Algorithms: Calling for Adoption of a Paradigm Shift from Symmetric to Asymmetric Thinking in Data Analysis and Crafting Theory
title_sort moving beyond multiple regression analysis to algorithms: calling for adoption of a paradigm shift from symmetric to asymmetric thinking in data analysis and crafting theory
url http://hdl.handle.net/20.500.11937/5040