Alternative Methods for Studying Consumer Payment Choice

Oz Shy

No 2020-8, FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta

Abstract: Using machine learning techniques applied to consumer diary survey data, the author of this working paper examines methods for studying consumer payment choice. These techniques, especially when paired with regression analyses, provide useful information for understanding and predicting the payment choices consumers make.

Keywords: studying consumer payment choice; point of sale; statistical learning; machine learning (search for similar items in EconPapers)
JEL-codes: C19 E42 (search for similar items in EconPapers)
Pages: 25
Date: 2020-06-23
New Economics Papers: this item is included in nep-big, nep-cmp, nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in 2020

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Working Paper: Alternative Methods for Studying Consumer Payment Choice (2020)
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DOI: 10.29338/wp2020-08

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