#Segregation #inequality #social media #Credit Card Data

Segregated interactions in urban and online space

Authors: Xiaowen Dong , Alfredo J. Morales, Eaman Jahani, Esteban Moro, Bruno Lepri, Burcin Bozkaya, Carlos Sarraute, Yaneer Bar-Yam and Alex Pentland Publication: EPJ Data Science 9, Article number: 20 LINK Abstract: Urban income segregation is a widespread phenomenon that challenges societies across the globe. Classical studies on segregation have largely focused on the geographic distribution of residential neighborhoods rather than on patterns of social behaviors and interactions. In this study, we analyze segregation in economic and social interactions by observing credit card transactions and Twitter mentions among thousands of individuals in three culturally different metropolitan areas. ...

#Human behavior #Credit Card Data #Predictability

The predictability of consumer visitation patterns

Authors: Coco Krumme, Alejandro Llorente, Manuel Cebrian, Alex (“Sandy”) Pentland & Esteban Moro Journal: Sci. Rep. 3, 1645; (2013). LINK Abstract: We consider hundreds of thousands of individual economic transactions to ask: how predictable are consumers in their merchant visitation patterns? Our results suggest that, in the long-run, much of our seemingly elective activity is actually highly predictable. Notwithstanding a wide range of individual preferences, shoppers share regularities in how they visit merchant locations over time. ...