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Random products in SimMarket results in unreasonable market shares in
market.summary(). See /blp/dev/gmm/gmm_test.m, setting m.model.randomProducts = true;
The text was updated successfully, but these errors were encountered:
With randomProducts, averages are calculated over all markets where the product is sold. When it is missing the share should be zero, not missing. Shares conditional on being in the market are higher than unconditional shares, leading to aggregate shares being > 1.
Random products in SimMarket results in unreasonable market shares in
market.summary(). See /blp/dev/gmm/gmm_test.m, setting m.model.randomProducts = true;
The text was updated successfully, but these errors were encountered: