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Social interactions and personal tastes shape our consumption behavior of cultural products. In this study, we present a computational model of a cultural market and we aim to analyze the behavior of the consumer population as an emergent…

General Finance · Quantitative Finance 2008-12-02 Amac Herdagdelen , Haluk Bingol

Elections involving a very large voter population often lead to outcomes that surprise many. This is particularly important for the elections in which results affect the economy of a sizable population. A better prediction of the true…

Computer Science and Game Theory · Computer Science 2018-01-31 Palash Dey , Pravesh K. Kothari , Swaprava Nath

Many studies have shown that there are regularities in the way human beings make decisions. However, our ability to obtain models that capture such regularities and can accurately predict unobserved decisions is still limited. We tackle…

General Finance · Quantitative Finance 2021-03-11 Gael Poux-Medard , Sergio Cobo-Lopez , Jordi Duch , Roger Guimera , Marta Sales-Pardo

Recent seminal works on human mobility have shown that individuals constantly exploit a small set of repeatedly visited locations. A concurrent literature has emphasized the explorative nature of human behavior, showing that the number of…

Physics and Society · Physics 2018-06-20 Laura Alessandretti , Piotr Sapiezynski , Vedran Sekara , Sune Lehmann , Andrea Baronchelli

Developing shopping experiences that delight the customer requires businesses to understand customer taste. This work reports a method to learn the shopping preferences of frequent shoppers to an online gift store by combining ideas from…

Machine Learning · Computer Science 2021-11-12 Rajiv Sambasivan , Mark Burgess , Jörg Schad , Arthur Keen , Christopher Woodward , Alexander Geenen , Sachin Sharma

The behavior of pedestrians shows certain regularities, which can be described by quantitative (partly stochastic) models. The models are based on the behavior of individual pedestrians, which depends on the pedestrian intentions and on the…

Statistical Mechanics · Physics 2007-05-23 Dirk Helbing

We present a formal model for studying fashion trends, in terms of three parameters of fashionable items: (1) their innate utility; (2) individual boredom associated with repeated usage of an item; and (3) social influences associated with…

Computer Science and Game Theory · Computer Science 2010-09-15 Anish Das Sarma , Sreenivas Gollapudi , Rina Panigrahy , Li Zhang

We present a graph-theoretic model of consumer choice, where final decisions are shown to be influenced by information and knowledge, in the form of individual awareness, discriminating ability, and perception of market structure. Building…

Physics and Society · Physics 2016-02-17 A. E. Biondo , A. Giarlotta , A. Pluchino , A. Rapisarda

The contribution gives a micro-structural insight into the pedestrian decision process during an egress situation. A method how to extract the decisions of pedestrians from the trajectories recorded during the experiments is introduced. The…

Multiagent Systems · Computer Science 2018-01-08 Pavel Hrabák , Ondřej Ticháček , Vladimíra Sečkárová

Analysis of aggregate Web traffic has shown that PageRank is a poor model of how people actually navigate the Web. Using the empirical traffic patterns generated by a thousand users over the course of two months, we characterize the…

Human-Computer Interaction · Computer Science 2010-04-27 Bruno Goncalves , Mark R. Meiss , Jose J. Ramasco , Alessandro Flammini , Filippo Menczer

In this work, we consider how preference models in interactive recommendation systems determine the availability of content and users' opportunities for discovery. We propose an evaluation procedure based on stochastic reachability to…

Information Retrieval · Computer Science 2021-07-05 Mihaela Curmei , Sarah Dean , Benjamin Recht

We present a study of the group purchasing behavior of daily deals in Groupon and LivingSocial and introduce a predictive dynamic model of collective attention for group buying behavior. In our model, the aggregate number of purchases at a…

Computers and Society · Computer Science 2011-11-30 Mao Ye , Chunyan Wang , Christina Aperjis , Bernardo A. Huberman , Thomas Sandholm

The information collected by mobile phone operators can be considered as the most detailed information on human mobility across a large part of the population. The study of the dynamics of human mobility using the collected geolocations of…

Social and Information Networks · Computer Science 2013-11-21 Nicolas Ponieman , Alejo Salles , Carlos Sarraute

With the overwhelming online products available in recent years, there is an increasing need to filter and deliver relevant personalized advice for users. Recommender systems solve this problem by modeling and predicting individual…

Machine Learning · Statistics 2020-02-11 Antonia Godoy-Lorite , Roger Guimera , Marta Sales-Pardo

This paper defines theoretical lower bounds of uncertainty of observations of macroeconomic variables that depend on statistical moments and correlations of random values and volumes of market trades. Any econometric assessments of…

General Economics · Economics 2024-10-08 Victor Olkhov

We present a system for online probabilistic event forecasting. We assume that a user is interested in detecting and forecasting event patterns, given in the form of regular expressions. Our system can consume streams of events and forecast…

Databases · Computer Science 2018-12-18 Elias Alevizos , Alexander Artikis , Georgios Paliouras

We present and test a sequential learning algorithm for the short-term prediction of human mobility. This novel approach pairs the Exponential Weights forecaster with a very large ensemble of experts. The experts are individual sequence…

Physics and Society · Physics 2015-10-23 Bartosz Hawelka , Izabela Sitko , Pavlos Kazakopoulos , Euro Beinat

Algorithmic predictions are increasingly informing societal resource allocations by identifying individuals for targeting. Policymakers often build these systems with the assumption that by gathering more observations on individuals, they…

Machine Learning · Computer Science 2025-03-04 Ali Shirali , Ariel Procaccia , Rediet Abebe

This thesis contributes a structured inquiry into the open actuarial mathematics problem of modelling user behaviour using machine learning methods, in order to predict purchase intent of non-life insurance products. It is valuable for a…

Information Retrieval · Computer Science 2021-12-06 Simone Borg Bruun

Understanding the structure and evolution of web-based user-object bipartite networks is an important task since they play a fundamental role in online information filtering. In this paper, we focus on investigating the patterns of online…

Physics and Society · Physics 2015-05-28 Cheng-Jun Zhang , An Zeng