Not-So-Classical Measurement Errors: A Validation Study of Homescan
Liran Einav,
Ephraim Leibtag and
Aviv Nevoy
No 08-007, Discussion Papers from Stanford Institute for Economic Policy Research
Abstract:
We report results from a validation study of Nielsen Homescan data. We use data from a large grocery chain to match thousands of individual transactions that were recorded by both the retailer (at the store) and the Nielsen Homescan panelist (athome). First, we report how often shopping trips are not reported, and how often trip information, product information, price, and quantity are reported with error. We focus on recording errors in prices, which are more prevalent, and show that they can be classified to two categories, one due to standard recording errors, the other due to how Nielsen constructs the price data. We then show how the validation data can be used to correct the impact of recording errors on estimates obtained from Nielsen Homescan data. We use a simple application to illustrate the impact of recording errors as well as the ability to correct for these errors. The application suggests that while recording errors are present, and potentially impact results, corrections, like the one we employ, can be adopted by users of Homescan data to investigate the robustness of their results.
Keywords: Measurement Error; Validation Study; Self-Reported Data (search for similar items in EconPapers)
JEL-codes: C81 D12 (search for similar items in EconPapers)
Date: 2008-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
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Working Paper: Not-so-Classical Measurement Errors: A Validation Study of Homescan (2008) 
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