{"id":"W1825203798","doi":"10.3386/w16214","title":"Why Don't Issuers Choose IPO Auctions? The Complexity of Indirect Mechanisms","year":2010,"lang":"en","type":"report","venue":"National Bureau of Economic Research","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":23,"is_retracted":false,"has_abstract":true,"ca_institutions":"Kellogg's (Canada)","funders":"","keywords":"Issuer; Initial public offering; Common value auction; Business; Monetary economics; Financial system; Microeconomics; Economics; Finance","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.0239678,0.000485397,0.001338206,0.001584896,0.001477963,0.009127091,0.001914056,0.002594877,0.01700519],"category_scores_gemma":[0.09862532,0.000853127,0.001161084,0.001916291,0.002562324,0.009852028,0.002999621,0.002844864,0.00276221],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001104843,"about_ca_system_score_gemma":0.001496687,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0007493828,"about_ca_topic_score_gemma":0.0008722229,"domain_scores_codex":[0.9845636,0.00800323,0.001173813,0.001226164,0.003732778,0.001300418],"domain_scores_gemma":[0.8903677,0.07098001,0.01810609,0.01350412,0.004976599,0.002065514],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.001078389,0.0007041137,0.1051252,0.0007950162,0.0007034036,0.0006673138,0.002429515,0.02512595,0.002327202,0.5284798,0.01314902,0.319415],"study_design_scores_gemma":[0.001364428,0.0008306558,0.08633557,0.0005319362,0.0004671632,0.002318889,0.004860554,0.07093357,0.003434106,0.7673866,0.06132438,0.0002121495],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"other","genre_scores_codex":[0.6155704,0.003306403,0.1976721,0.01274769,0.000189369,0.00104713,0.0005607274,0.0004811086,0.1684251],"genre_scores_gemma":[0.9763619,0.0009789164,0.01500069,0.0007629648,0.0001489422,0.0002351687,0.0001610479,0.00008586553,0.006264372],"genre_candidate":"other","genre_consensus":null,"teacher_disagreement_score":0.0239678,"threshold_uncertainty_score":0.1267554,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.3663730603826822,"score_gpt":0.435164600006675,"score_spread":0.06879153962399276,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}