Publication: Purchase Patterns, Socioeconomic Status, and Political Inclination
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Date
2020-02
ISSN
1564-698X
Published
2020-02
Author(s)
Dong, Xiaowen
Jahani, Eaman
Morales, Alfredo J.
Bozkaya, Burçin
Lepri, Bruno
Pentland, Alex ‘Sandy’
Abstract
This paper analyzes millions of credit card transaction records during several months for tens of thousands of individuals from two different countries. The study shows that, purchase patterns are strongly correlated with important societal indices such as socioeconomic status and political inclination. The results suggest the possibility of understanding and predicting the evolution of such societal indices from purchase behavioral patterns, potentially at high temporal and spatial resolutions.
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“Dong, Xiaowen; Jahani, Eaman; Morales, Alfredo J.; Bozkaya, Burçin; Lepri, Bruno; Pentland, Alex ‘Sandy’. 2020. Purchase Patterns, Socioeconomic Status, and Political Inclination. World Bank Economic Review. © Published by Oxford University Press on behalf of the World Bank. http://hdl.handle.net/10986/36117 License: CC BY-NC-ND 3.0 IGO.”
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Cited 3 times in Scopus (View citations)