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Predicting individual-level income from Facebook profiles

Information about a person’s income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digital fo...

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Detalles Bibliográficos
Autores principales: Matz, Sandra C., Menges, Jochen I., Stillwell, David J., Schwartz, H. Andrew
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6438464/
https://www.ncbi.nlm.nih.gov/pubmed/30921389
http://dx.doi.org/10.1371/journal.pone.0214369
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author Matz, Sandra C.
Menges, Jochen I.
Stillwell, David J.
Schwartz, H. Andrew
author_facet Matz, Sandra C.
Menges, Jochen I.
Stillwell, David J.
Schwartz, H. Andrew
author_sort Matz, Sandra C.
collection PubMed
description Information about a person’s income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digital footprints people leave on Facebook. Applying an established machine learning method to an income-representative sample of 2,623 U.S. Americans, we found that (i) Facebook Likes and Status Updates alone predicted a person’s income with an accuracy of up to r = 0.43, and (ii) Facebook Likes and Status Updates added incremental predictive power above and beyond a range of socio-demographic variables (ΔR(2) = 6–16%, with a correlation of up to r = 0.49). Our findings highlight both opportunities for businesses and legitimate privacy concerns that such prediction models pose to individuals and society when applied without individual consent.
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spelling pubmed-64384642019-04-12 Predicting individual-level income from Facebook profiles Matz, Sandra C. Menges, Jochen I. Stillwell, David J. Schwartz, H. Andrew PLoS One Research Article Information about a person’s income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digital footprints people leave on Facebook. Applying an established machine learning method to an income-representative sample of 2,623 U.S. Americans, we found that (i) Facebook Likes and Status Updates alone predicted a person’s income with an accuracy of up to r = 0.43, and (ii) Facebook Likes and Status Updates added incremental predictive power above and beyond a range of socio-demographic variables (ΔR(2) = 6–16%, with a correlation of up to r = 0.49). Our findings highlight both opportunities for businesses and legitimate privacy concerns that such prediction models pose to individuals and society when applied without individual consent. Public Library of Science 2019-03-28 /pmc/articles/PMC6438464/ /pubmed/30921389 http://dx.doi.org/10.1371/journal.pone.0214369 Text en © 2019 Matz et al http://creativecommons.org/licenses/by/4.0/ This is an open access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Matz, Sandra C.
Menges, Jochen I.
Stillwell, David J.
Schwartz, H. Andrew
Predicting individual-level income from Facebook profiles
title Predicting individual-level income from Facebook profiles
title_full Predicting individual-level income from Facebook profiles
title_fullStr Predicting individual-level income from Facebook profiles
title_full_unstemmed Predicting individual-level income from Facebook profiles
title_short Predicting individual-level income from Facebook profiles
title_sort predicting individual-level income from facebook profiles
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6438464/
https://www.ncbi.nlm.nih.gov/pubmed/30921389
http://dx.doi.org/10.1371/journal.pone.0214369
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