Dr. A Choudhury

Professor

Department of Management

Office

SFHB State Farm Hall Of Business 218

Office Phone

(309) 438-5457office
phone

achoudh@ilstu.eduemail

Website

https://about.illinoisstate.edu/ach... website

About
Education
Awards & Honors
Research

Current Courses

MGT 335.001 Operations Analytics - Quality Management

MGT 335.002 Operations Analytics - Quality Management

MGT 335.003 Operations Analytics - Quality Management

Teaching Interests & Areas

Quantitative Methods

PhD Business Administration

Arizona State University

Tempe, AZ

Best Research Paper Award

Journal of Insurance Issues

2015

Grants & Contracts

What Factors in Particulate Air Pollution are Associated with Increased Hospital Admissions?. National Institute of Environmental Health Sciences. (1998)

Alaska Telemedicine Testbed. National Library of Medicine. (1995)

Conference Proceeding

Choudhury, A. The Resiliency of the Real Estate Market Faced by External Shock. Proceedings of the Annual Meeting of the National Decision Sciences Institute 55 (2024): 1273.

Choudhury, A., Hartman, N., & Coussens, T. Predicting Technology Replacement Timing. Annual Meeting of the National Decisions Sciences Institute 54 (2023): 952-954.

Choudhury, A. Factors Correlated with Time on the Market in Real Estate Marketplace. Annual Meeting of the National Decision Sciences Institute 53 (2022): 489-490.

Choudhury, A., Hartman, N., & Coussens, T. Identify Short-Term Trend in Support Services' Demand for Technology. Decision Sciences Institute National Conference (2019)

Choudhury, A., Hartman, N., & Coussens, T. Identify Technology Changeover Timing Using Phone Support Services. Decision Sciences Institute National Conference 49 (2018): 724-726.

Li, M., & Choudhury, A. Effect of perceived risk in moderating the relationship of PPD and website. Decision Sciences Institute National Conference 49 (2018): 601-603.

Choudhury, A., Jones, J., & Choudhury, R. Climate Change Effect on Crop Yield in Africa. International Academy of Business and Public Administration Disciplines 12.1 (2015): 778.

Choudhury, A., McDaniel, B., & Choudhury, R. Determining the Structural Break in Housing Market. International Academy of Business and Public Administration Disciplines 12.1 (2015): 773-777.

Choudhury, A., Jones, J., Choudhury, R., Spaulding, A., & Sarpong, A. Application of Piecewise Regression to Detrend Crop Yield Pattern. Allied Academies International Conference 16.1 (2014): 4.

Choudhury, A., Hartman, N., & Patel, V. Socio-Economic Predictors of Home Value: A Regional Analysis. Allied Academies International Conference 16.1 (2014): 60-61.

Choudhury, A., Parry, S., Radhakrishnan, R., & Rosenthal, J. Enrollment Prediction In Higher Education. Allied Academies International Conference 15.1 (2013): 25.

Choudhury, A., & Jones, J. Estimate of Crop Yield Using Time Series Models. International Academy of Business and Public Administration Disciplines 10.1 (2013): 942.

Choudhury, A., & Jones, J. Estimation of Crop Yield for Risk Management. Allied Academies International Conference 15.1 (2013): 5.

Choudhury, A., Parry, S., Radhakrishnan, R., & Rosenthal, J. Predicting General Education Enrollment. International Academy of Business and Public Administration Disciplines 10.1 (2013): 1034.

Choudhury, A. Influence of External Factors in the Housing Market. Allied Academies International Conference 14.1 (2012): 57.

Naidu, G., & Choudhury, A. Financial Crisis and Common Currency in Europe. Allied Academies International Conference 14.1 (2012): 25.

Choudhury, A., & Jones, J. Analyzing Factors Associated with CPCU Society Membership Trend. Allied Academies International Conference 13.1 (2011): 111.

Choudhury, A., Jones, J., Deng, S., & Laiwala, N. Determinants of a Society Membership for Long-Term Sustainability. International Academic Conference 1.1 (2011): 225.

Choudhury, A. Differentiated Zoning Effect on the Housing Value. Allied Academies International Conference 13.1 (2011): 1.

Choudhury, A., & Naidu, G. Implementation of Portfolio Diversification Methodology in the ASEAN Countries. Allied Academies International Conference 15.1 (2010): 12.

Choudhury, A., & Jones, J. Effect of Gender on the Endeavor of Career Development Process. International Academy of Business and Public Administration Disciplines 1 (2009): 529.

Choudhury, A., & Radhakrishnan, R. Performance Analysis of Introductory Statistics Course due to Different Mathematical Background. Allied Academies International 11 (2009): 53.

Choudhury, A. Relationship between Factors in the Housing Market Movements. Allied Academies International 11 (2009): 5.

Choudhury, A., & Naidu, G. An Economic Analysis for Turkey's Accession to the European Union. Allied Academies International 10.1 (2008): 98.

Choudhury, A., & Jones, J. Determinants of a Successful CPCU Certification Candidate. Applied Business Research and College Teaching & Learning Conference 1.1 (2008)

Choudhury, A., & Jones, J. Job Level Influence on the Attainment of Human Capital. Allied Academies International 10.1 (2008): 111.

Choudhury, A., Fisher, D., Pearce, F., & Fenaughty, A. Selecting Important Criteria for Telemedicine Implementation. Allied Academies International 10.1 (2008): 69.

Choudhury, A., & Robinson, D. Effect of Prerequisite on Introductory Statistics Performance. Allied Academies International 9.1 (2007): 50.

Choudhury, A., & Naidu, G. New Selection Strategy for Portfolio Diversification in the European Union. Allied Academies International 9.1 (2007): 8.

Choudhury, A., Gamage, J., Jones, J., & Ostaszewski, K. Structural Change in the CPCU Curriculum Program and Its Induced Effect on the Travel Time. Allied Academies International 9.1 (2007): 73.

Choudhury, A., & Robinson, D. Do Prerequisites Affect Performance in An Introductory Statistics Course?. Applied Business Research and College Teaching & Learning Conference (2006)

Choudhury, A. Intervention Impact of Tax Reform Act on the Business Failure Process. Allied Academies International 8.1 (2006): 4.

Choudhury, A., & Campbell, S. Intervention Analysis of the Effects of Tax Reform Act on the Number of Business Failures. Allied Academies National Conference 10.2 (2005): 21.

Campbell, S., & Choudhury, A. The Realtionship between Interest Rates and the Number of Large and Small Business Failures. Allied Academies National Conference 9.2 (2004): 1.

Ficici, A., & Choudhury, A. An empirical Study of the Economic Exposure of Turkish Listed Fluctuations. International Business & Economics Research Conference (2001): 1-4.

Sparks, R., Choudbury, A., & Nugent, N. Empirical Study of the Relationship Between Foreign Investment and its Rate of Return for American Companies. Decision Sciences Institute - Annual Conference 2 (2000): 525.

Choudhury, A., Fisher, D., Fenaughty, A., & Pearce, F. Identifying Factors Characterizing Patient Satisfaction to Measure Success of Telemedicine in Rural Alaska. Decision Sciences Institute - Annual Conference 2 (1999): 950.

Choudhury, A., Evors, R., & Ahmed, I. Identifying Factors Characterizing Quality of Job performance: Using Regression Analysis. Western Decision Sciences Institute (1999): 620.

Campbell, S., Choudhury, A., & McGinty, D. An Empirical Investigation of the Relationship Between Patent Office Fees and Delay in the Prosecution of Patent Applications. Critical Perspectives on Organizational Analysis Conference 1 (1998): 57-58.

Srivastava, S., & Choudhury, A. An Integration of CAPM and APT: Multi Risk Premia Model of Bank Stock Returns. Decision Sciences Institute - Annual Conference 1 (1998): 169-171.

Choudhury, A. The Likelihood Function of a MA(1) Process. Decision Sciences Institute - Annual Conference 2 (1997): 1022.

Choudhury, A., Gordon, M., & Morris, S. Correlations between Respiratory Illness and Air Pollution. Decision Sciences Institute - Annual Conference 2 (1995): 1017-1019.

Choudhury, A. A Linear Approach for Estimation of ARMA Models. Decision Sciences Institute - Annual Conference 2 (1994): 1388-1390.

Choudhury, A., & St. Louis, R. Exact But Simple GLS Estimators for Regression Parameters With Moving Average Error Process. Data Processing Management Assn., Tampa Chapter 2 (1993): 1172-1174.

Choudhury, A., & St. Louis, R. An Exact GLS Estimators for Regression Model Parameters with Moving Average Process. American Statistical Association (1992): 242.

Choudhury, A. Exact GLS Estimators With Moving Average Errors: Without Decomposition of Covariance Matrix. Decision Sciences Institute - Annual Conference 2 (1992): 525-527.

Choudhury, A. An Approximate Transformation GLS Estimators for Linear Regression Models with ARMA(p,q) Errors. Decision Sciences Institute - Annual Conference 2 (1991): 1109.

Choudhury, A. An Exact GLS Estimators for Regression Models with a First Order Moving Average Error Process. Western Decision Sciences Institute (1991): 758-759.

Srivastava, S., Hamid, S., & Choudhury, A. Commercial Bank Stock Returns and the Two Factor Model: A Methodological Note. Decision Sciences Institute - Annual Conference 1 (1991): 150-152.

Srivastava, S., & Choudhury, A. Forecasting Bank Loan Loss Provisions: Microeconomic verses Macroeconomic Models. Academy of Financial Services 9 (1991)

Choudhury, A. A New Exact Transformation GLS and ML Estimators for Regression Models with ARMA(1,1) Errors. Decision Sciences Institute - Annual Conference 1 (1990): 172-174.

Schwarz, T., Kazmier, l., & Choudhury, A. The 1987 Market Crash: A Study of Differential Stock Decline and Stock Recovery. Decision Sciences Institute - Annual Conference 1 (1990): 500-502.

Choudhury, A. Estimation of Regression Models with Autoregressive-Moving Average Disturbances. Decision Sciences Institute - Annual Conference (1989)

Choudhury, A., & St. Louis, R. Exact Maximum Likelihood Estimators for Regression Models with Moving Average Error Terms. Decision Sciences Institute - Annual Conference 2 (1989): 1159-1161.

Choudhury, A., & St. Louis, R. A Computationally Simple Approximate GLS Estimator for Regression Models with Higher Order Moving Average Error Terms. Western Decision Sciences Institute (1988): 119-121.

Journal Article

Choudhury, A. The effect of the COVID-19 pandemic on TOM in the housing market. International Journal of Housing Markets and Analysis 18.4 (2025): 1021-1036.

Li, M., Choudhury, A., & Zhang, N. Understanding how customer interaction drives e-loyalty during returns handling in online retailing. Journal of Research in Interactive Marketing 19.4 (2025): 590-607.

Choudhury, A., Jones, J., & Opare-Addo, M. Perceived Risk and Willingness to Provide Loan to Smallholder Farmers in Ghana. Journal of African Business 21.1 (2020): 1-18.

Li, M., & Choudhury, A. Using Website Information to Reduce Postpurchase Dissonance: A Mediated Moderating Role of Perceived Risk. Psychology & Marketing 38 (2020): 56-69.

Choudhury, A. Unemployment Rate as a Determinant of Time on the Market: A Cointegration Approach with Error Correction Model (ECM). Real Estate Finance 36.1 (2019): 395-404.

Choudhury, A., Hartman, N., & Coussens, T. Key Determinants of Support Services Demand in Instructional Technology Management. Journal Of Information Technology Management 29.2 (2018): 29-39.

Choudhury, A., McDaniel, B., & Choudhury, R. Signaling the Structural Break in US Housing Market: An Approach for Early Warning System. Real Estate Finance 34.4 (2018): 174-187.

Choudhury, A., Jones, J., Okine, A., & Choudhury, R. Drought-Triggered Index Insurance Using Cluster Analysis of Rainfall Affected by Climate Change. Journal Of Insurance Issues 39.2 (2016): 169-186.

Choudhury, A., Jones, J., Choudhury, R., & Spaulding, A. Association of Rainfall and De-trended Crop Yield Based on Piecewise Regression for Agricultural Insurance. Journal of Economics and Economic Education Research 16.2 (2015): 31-43.

Choudhury, A., & Hartman, N. Regional Differential Wealth Effect on Home Value: A Cross-Sectional Analysis. Journal of Economics and Economic Education Research 16.1 (2015): 273-290.

Choudhury, A., & Jones, J. Crop Yield Prediction Using Time Series Models. Journal of Economics and Economic Education Research 15.3 (2014): 53-67.

Choudhury, A., Parry, S., Radhakrishnan, R., & Rosenthal, J. Estimation of General Education Program Enrollment. Academy of Educational Leadership Journal 18.4 (2014): 163-176.

Choudhury, A. Lead-Lag Association of Mortgage Rate with Housing Price. Journal of Economics and Economic Education Research 15.1 (2014): 103-113.

Naidu, G., & Choudhury, A. Sovereign Credit Quality in the Eurozone: A Preliminary Classification System. Journal of Economics and Economic Education Research 14.1 (2013): 131-141.

Choudhury, A., & Jones, J. Concerning the Society Membership Count: An Analysis with External Factors. Academy of Strategic Management Journal 11.2 (2012): 51-62.

Choudhury, A. Effect of Tax-Rate on Zone Dependent Housing Value. Journal of Economics and Economic Education Research 13.2 (2012): 111-120.

Naidu, G., & Choudhury, A. Sovereign Debt Markets in Euro-Zone: Implications for Capital Markets Integration. Journal of the Academy of Finance 10.1 (2012): 12-21.

Choudhury, A., & Naidu, G. International Portfolio Diversification Based on Partial-Correlation. Academy Of Accounting And Financial Studies Journal 15.1 (2011): 89-102.

Choudhury, A., & Jones, J. Society Membership Trend Determinants for Sustainability: An Analysis In Insurance Industry. Journal of Business Case Studies 7.2 (2011): 61-69.

Naidu, G., & Choudhury, A. Economic Integration and Portfolio Diversification: An Empirical Examination of ASEAN Markets. Journal of the Academy of Finance 8.1 (2011): 189-203.

Choudhury, A., & Jones, J. Effect of Job Level on the Performance of Human Capital Attainment: An Exploratory Analysis. Academy of Strategic Management Journal 9.2 (2010): 89-103.

Choudhury, A. Factors Associated in Housing Market Dynamics: An Exploratory Longitudinal Analysis. Academy Of Accounting And Financial Studies Journal 14.4 (2010): 43-54.

Naidu, G., & Choudhury, A. Capital Market Integration Before and After Accession to the European Union. Journal Of Contemporary Business Issues 17.1 (2010): 24-39.

Choudhury, A., & Naidu, G. A New Selection Strategy for Portfolio Diversification in the European Union. Academy Of Accounting And Financial Studies Journal 13.3 (2009): 79-92.

Choudhury, A., & Jones, J. Age-Gender Interaction on the Endeavor of Career Development. International Journal of Business and Public Administration 6.3 (2009): 143-156.

Choudhury, A., & Radhakrishnan, R. Testing the Differential Effect of a Mathematical Background on Statistics Course Performance: An Application of the Chow-test. Journal of Economics and Economic Education Research 10.3 (2009): 15-26.

Choudhury, A., & Naidu, G. Turkey's Economic Integration with the EU: An Evaluation of Current Status and Future Prognosis. Journal of International Business Research 8.1 (2009): 29-44.

Radhakrishnan, R., & Choudhury, A. An alternative method for computing mean and covariance matrix of some multivariate distributions. International Journal of Mathematical Education in Science and Technology 40.3 (2009): 434-440.

Choudhury, A., Fisher, D., Pearce, F., & Fenaughty, A. A Baseline Study of the Factors that Should be Used to Measure the Effectiveness of Telemedicine. Academy of Health Care Management Journal 4.1 (2008): 1-16.

Choudhury, A., Jones, J., Gamage, J., & Ostaszewski, K. Structural Change in the CPCU Curriculum and its Effect on the Completion Time. Academy of Educational Leadership Journal 12.2 (2008): 95-108.

Naidu, G., & Choudhury, A. Accession to the EU: A Comparative Economic Analysis of Turkey and Bulgaria. Journal of the Academy of Finance 6.1 (2008): 86-100.

Choudhury, A. Intervention Impact of Tax Reform Act on the Business Failure Process. Academy Of Accounting And Financial Studies Journal 11.3 (2007): 57-68.

Naidu, G., & Choudhury, A. Portfolio Diversification in the European Union: A Country Beta Approach. Journal of the Academy of Finance 5.2 (2007): 110-124.

Naidu, G., & Choudhury, A. Country Betas and Potential Gains From Diversification in the European Union. Journal of the Academy of Finance 4.1 (2006): 26-36.

Campbell, S., & Choudhury, A. The Realtionship between Interest Rates and the Number. Academy Of Accounting And Financial Studies Journal 9.3 (2005): 29-40.

Naidu, G., & Choudhury, A. Turkey's Accession to the EU: An Assessment of Economic. Journal of the Academy of Finance 3.2 (2005): 55-67.

Choudhury, A., & Campbell, S. The Effects of the Tax Reform Act of 1986 on Business Failure Momentum. Academy Of Accounting And Financial Studies Journal 8.1 (2004): 77-88.

Naidu, G., & Choudhury, A. European Union II: Stock Market Integration in Accession. Journal of the Academy of Finance 2.2 (2004): 1-14.

Gordian, M., & Choudhury, A. PM10 and Asthma Medication in School Children. Archives of Environmental Health 58.1 (2003): 42-47.

Naidu, G., & Choudhury, A. The Efficiency of Central European Stock Markets. Journal of the Academy of Finance 1.2 (2003): 10-19.

Campbell, S., & Choudhury, A. An Empirical Analysis of the Business Failure Process for Large and Small Firms. Academy Of Entrepreneurship Journal 8.1 (2002): 107-120.

Campbell, S., Choudhury, A., & McGinty, D. Controlling Delay through Extension Fees. Academy Of Strategic And Organizational Leadership Journal (The) 5.2 (2001): 33-42.

Scrivastava, S., & Choudhury, A. Asset Write downs, Reporting Bias and Forecasting U.S. Bank's Loan Loss Provisions. Finance India XIII.4 (2000): 1173-1187.

Choudhury, A., Hubata, R., & St. Louis, R. Understanding Time Series Regression Estimators. American Statistician 53.4 (1999): 342-348.

Scrivastava, S., Hamid, S., & Choudhury, A. Stock and Bond Market Linkage in the Empirical Study of Interest Rate Sensitivity of Bank Returns. Journal Of Applied Business Research 15.1 (1999): 47-58.

Choudhury, A., & Power, S. A Simplified GLS Estimator for Autoregressive Moving Average Models. Applied Economics Letters 5.4 (1998): 247-250.

Choudhury, A., & Power, S. Improving a GLS Approach for Estimation of Autoregressive Moving Average Models. Journal Of Statistical Computation And Simulation 60 (1998): 173-176.

Choudhury, A., & Power, S. The Consequences of a Potential Pitfall in Approximate GLS Estimation of the regression Model with ARMA(p,q) Disturbances. Applied Economics Letters 5.7 (1998): 469-472.

Green, G., Boze, B., Choudhury, A., & Power, S. Using Logistic Regression in Classification: The Marketing of Reclaimed Potentially Environmentally Damaged Residential Property. Marketing Research: A Magazine Of Management And Applications 31 (1998): 5-11.

Choudhury, A., Gordon, M., & Morris, S. Associations between Respiratory Illness and PM10 Air Pollution. Archives of Environmental Health 52.2 (1997): 113-117.

Choudhury, A., Power, S., & St. Louis, R. Linear Estimation of the Regression Model with ARMA Disturbances: A Simulation Study. Communications In Statistics - Simulation And Computation 26.1 (1997): 315-332.

Choudhury, A., Power, S., & St. Louis, R. Convenient Methods for Estimation of Linear Regression Models with MA(q) Disturbances. Canadian Journal of Economics 29.2 (1996): 309-317.

Choudhury, A., & Power, S. A New Approximate GLS Estimator for the Linear Regression Model with ARMA (p,q) Disturbances. Economics Letters 48.2 (1995): 119-127.

Choudhury, A., St. Louis, R., & Power, S. A Computationally Attractive Method for Estimating the Linear Regression Model with Autoregressive Moving Average Disturbances. METRON 52.1 2 (1994): 41-51.

Choudhury, A. Untransformed first observation problem in regression model with moving average process. Statistics: Theory and Methods 23.10 (1994): 2927-2937.

Choudhury, A., & St. Louis, R. A Note on Park and Heikes (1983) Modified Approximate Estimator for the First Order Moving Average Process. Journal of Econometrics 46 (1990): 399-406.

Li, M., Choudhury, A., & Du, J. Impact of Impulse Buying on Product Return in Online Shopping.. Journal of Retailing and Consumer Services 89

Presentations

Identifying Organization-Wide Technology Replacement/Upgrade Timing. Annual Meeting of the National Decision Sciences Institute. (2024)

The Resiliency of the Real Estate Market Faced by External Shock. Annual Meeting of the National Decision Sciences Institute. (2024)

Effect of New Product Introduction in Manufacturing Operation: Using Simulation. Annual Meeting of the Operations Management and Entrepreneurship. Midwest Business Administration Association (MBAA). (2023)

Maximizing Efficiency of Denver International Airport Operations: A Simulated Analysis. Annual Meeting of the Operations Management and Entrepreneurship. Midwest Business Administration Association (MBAA). (2023)

Predicting Technology Replacement Timing. Annual Meeting of the National Decision Sciences Institute. Decision Sciences Institute. (2023)

Predicting Technology Replacement Timing. Annual Meeting of the National Decision Sciences Institute. (2023)

Factors Correlated with Time on the Market in Real Estate Marketplace. Annual Meeting of the National Decision Sciences Institute. Decision Sciences Institute. (2022)

Building customer loyalty for online retailers through product-return service operations. Prodction and Operations Management Society - Annual Meeting. (2019)

Identify Short-Term Trend in Support Services' Demand for Technology. Annual Meeting of the National Decision Sciences Institute. Decision Sciences Institute National Conference. (2019)

Life-Cycle Cost-Benefit Analysis Algorithm for Equipment Replacement with an App for Decision Making Tool. Prodction and Operations Management Society - Annual Meeting. (2019)

Cost-Benefit Tradeoff of Technology Replacement: Practitioners' Guide for 4 Years Vs. 6 Years. Midwest Business Administration Association Annual Meeting. (2018)

Effect of perceived risk in moderating the relationship of PPD and website. Decision Sciences Institute - Annual Conference. (2018)

Identify Technology Changeover Timing Using Phone Support Services. Decision Sciences Institute - Annual Conference. (2018)

Predicting Classroom Technology Support Service Resource Requirements to Meet Service Demand Using Seasonality. Midwest Business Administration Association. (2017)

Understanding the effects of climate variability in modelling for risk reduction and risk transfer of crop yields. Microinsurance Network. (2017)

Using Satellites, Drones and Climate Data to Help African Farmers Better Manage Crop Losses. ISU-- International Seminar Series. (2017)

Association of NDVI and Crop Yield for Agricultural Index Insurance. Western Risk and Insurance Association. (2016)

Climate Change Effect on Crop Yield in Africa. International Academy of Business and Public Administration Disciplines. (2015)

Determining the Structural Break in Housing Market. International Academy of Business and Public Administration Disciplines. (2015)

Index Insurance Using Cluster Analysis of Rainfall due to Climate Change. JII symposium. (2015)

Using Cluster Analysis of Rainfall in Ghana to Create a Drought Trigger for Index Insurance. International Microinsurance Conference. (2015)

Application of Piecewise Regression to Detrend Crop Yield Pattern. Allied Academies International Conference. (2014)

Socio-Economic Predictors of Home Value: A Regional Analysis. Allied Academies International Conference. (2014)

Enrollment Prediction In Higher Education. Allied Academies International Conference. (2013)