Alternative Methods for Studying Consumer Payment Choice
25 Pages Posted: 6 Aug 2020
There are 2 versions of this paper
Alternative Methods for Studying Consumer Payment Choice
Number of pages: 30
Posted: 01 Jun 2018
Last Revised: 24 Oct 2022
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156
Date Written: June, 2020
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
JEL Classification: C19, E42
Suggested Citation: Suggested Citation
Shy, Oz, Alternative Methods for Studying Consumer Payment Choice (June, 2020). FRB Atlanta Working Paper No. 2020-8, Available at SSRN: https://ssrn.com/abstract=3666539 or http://dx.doi.org/10.29338/wp2020-08
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