Purchase patterns, socioeconomic status, and political inclination

Dong, Xiaowen and Jahani, Eaman and Morales, Alfredo J. and Bozkaya, Burçin and Lepri, Bruno and Pentland, Alex 'Sandy' (2020) Purchase patterns, socioeconomic status, and political inclination. World Bank Economic Review, 34 . S9-S13. ISSN 0258-6770 (Print) 1564-698X (Online)

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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.
Item Type: Article
Additional Information: WoS Document Type: Article; Proceedings Paper (Conference: Annual Bank Conference on Development Economics (ABCDE) / Location: Washington, DC / Date: JUN 20-21, 2016)
Uncontrolled Keywords: purchase patterns; socioeconomic status; political inclination; development indicators; urban economics
Divisions: Sabancı Business School
Sabancı Business School > Operations Management and Information Systems
Depositing User: Burçin Bozkaya
Date Deposited: 12 Sep 2020 13:38
Last Modified: 30 Jul 2023 12:23
URI: https://research.sabanciuniv.edu/id/eprint/40446

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