@inproceedings{ddb1b19fbdc243e4ac9b88f4e29909f9,
title = "Correlations of consumption patterns in social-economic networks",
abstract = "We analyze a coupled dataset collecting the mobile phone communication and bank transactions history of a large number of individuals living in Mexico. After mapping the social structure and introducing indicators of socioeconomic status, demographic features, and purchasing habits of individuals we show that typical consumption patterns are strongly correlated with identified socioeconomic classes leading to patterns of stratification in the social structure. In addition we measure correlations between merchant categories and introduce a correlation network, which emerges with a meaningful community structure. We detect multivariate relations between merchant categories and show correlations in purchasing habits of individuals. Our work provides novel and detailed insight into the relations between social and consuming behaviour with potential applications in recommendation system design.",
author = "Yannick Leo and Marton Karsai and Carlos Sarraute and Eric Fleury",
note = "Publisher Copyright: {\textcopyright} 2016 IEEE.; 2016 IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2016 ; Conference date: 18-08-2016 Through 21-08-2016",
year = "2016",
month = nov,
day = "21",
doi = "10.1109/ASONAM.2016.7752280",
language = "English",
series = "Proceedings of the 2016 IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2016",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "493--500",
editor = "Ravi Kumar and James Caverlee and Hanghang Tong",
booktitle = "Proceedings of the 2016 IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2016",
address = "United States",
}