Selection Bias Correction in Retail Intelligence

Abstract

arXiv:2608.26156v1 Announce Type: new Abstract: Retail intelligence often relies on monitoring popular, high-velocity products, potentially biasing economic indicators by ignoring the "long tail" of niche items. This simulation study investigates selection bias in inflation estimation and compares correction methods across diverse data-generating processes. Through 400 Monte Carlo replications spanning four scenarios--aligned step functions, smooth gradients, misaligned breaks, and polynomial re