Purchase Patterns, Socioeconomic Status, and Political Inclination
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Purchase Patterns, Socioeconomic Status, and Political Inclination.pdf
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672.93 KB
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Adobe PDF
Checksum (MD5)
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Author(s)
Dong, Xiaowen
Jahani, Eaman
Morales, Alfredo J.
Bozkaya, Burçin
Lepri, Bruno
Pentland, Alex
Date Issued
February 2020
Publisher
The World Bank Economic Review
Citation
Dong, X., Jahani, E., Morales, A. J., Bozkaya, B., Lepri, B., & Pentland, A. S. (2020). Purchase patterns, socioeconomic status, and political inclination. The World Bank Economic Review, 34(Supplement_1), S9-S13.
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.
MIT Department
MIT Connection Science (Research institute)
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Attribution-NonCommercial-ShareAlike 3.0 United States
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