000	00000nam 2200000zi 4500
001	9.950793
003	CaOODSP
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006	m     o  d f
007	cr mn|||||||||
008	250502t20252025oncda   ob   f|0| 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
041	|aeng|beng|bfre
043	|an-cn---
086	1 |aFB3-5/2025-10E-PDF
100	1 |aLu, Zhentong, |eauthor.
245	10|aEstimating discrete choice demand models with sparse market-product shocks / |cZhentong Lu, Kenichi Shimizu.
264	1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2025.
264	4|c©2025
300	|a1 online resource (ii, 45 pages) : |bgraphs.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2025-10
500	|aISSN assigned to different series.
500	|a"Last updated: March 21, 2025."
504	|aIncludes bibliographical references (pages 38-41).
520	3 |a"We propose a new approach to estimating the random coefficient logit demand model for differentiated products when the vector of market-product-level shocks is sparse. Assuming sparsity, we establish nonparametric identification of the distribution of random coefficients and demand shocks under mild conditions. Then we develop a Bayesian estimation procedure, which exploits the sparsity structure using shrinkage priors, to conduct inference about the model parameters and counterfactual quantities"--Abstract, page ii.
546	|aIncludes abstract in French.
650	0|aPricing|xEconometric models.
650	6|aPrix|xFixation|xModèles économétriques.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff working paper (Bank of Canada)|v2025-10.|w(CaOODSP)9.806221
856	40|qPDF|s1.07 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2025-10-eng.pdf