Purchase Patterns, Socioeconomic Status, and Political Inclination
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 inclinat...
| Main Authors: | , , , , , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
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The World Bank Economic Review
2021
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| Online Access: | https://hdl.handle.net/1721.1/130281 |
| _version_ | 1826207155864207360 |
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| author | Dong, Xiaowen Jahani, Eaman Morales, Alfredo J. Bozkaya, Burçin Lepri, Bruno Pentland, Alex |
| author2 | MIT Connection Science (Research institute) |
| author_facet | MIT Connection Science (Research institute) Dong, Xiaowen Jahani, Eaman Morales, Alfredo J. Bozkaya, Burçin Lepri, Bruno Pentland, Alex |
| author_sort | Dong, Xiaowen |
| collection | MIT |
| description | 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. |
| first_indexed | 2024-09-23T13:44:54Z |
| format | Article |
| id | mit-1721.1/130281 |
| institution | Massachusetts Institute of Technology |
| language | English |
| last_indexed | 2025-02-19T04:22:41Z |
| publishDate | 2021 |
| publisher | The World Bank Economic Review |
| record_format | dspace |
| spelling | mit-1721.1/1302812025-02-06T18:53:04Z Purchase Patterns, Socioeconomic Status, and Political Inclination Dong, Xiaowen Jahani, Eaman Morales, Alfredo J. Bozkaya, Burçin Lepri, Bruno Pentland, Alex MIT Connection Science (Research institute) 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. 2021-03-30T16:07:01Z 2021-03-30T16:07:01Z 2020-02 Article https://hdl.handle.net/1721.1/130281 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. en Attribution-NonCommercial-ShareAlike 3.0 United States http://creativecommons.org/licenses/by-nc-sa/3.0/us/ application/pdf The World Bank Economic Review |
| spellingShingle | Dong, Xiaowen Jahani, Eaman Morales, Alfredo J. Bozkaya, Burçin Lepri, Bruno Pentland, Alex Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title | Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title_full | Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title_fullStr | Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title_full_unstemmed | Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title_short | Purchase Patterns, Socioeconomic Status, and Political Inclination |
| title_sort | purchase patterns socioeconomic status and political inclination |
| url | https://hdl.handle.net/1721.1/130281 |
| work_keys_str_mv | AT dongxiaowen purchasepatternssocioeconomicstatusandpoliticalinclination AT jahanieaman purchasepatternssocioeconomicstatusandpoliticalinclination AT moralesalfredoj purchasepatternssocioeconomicstatusandpoliticalinclination AT bozkayaburcin purchasepatternssocioeconomicstatusandpoliticalinclination AT lepribruno purchasepatternssocioeconomicstatusandpoliticalinclination AT pentlandalex purchasepatternssocioeconomicstatusandpoliticalinclination |