Tag: Predictability rss

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18 April 2013 / / Publications
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.