{"id":"W1987836729","doi":"10.5430/rwe.v1n1p28","title":"Consolidation and Business Strategies in the Securities Industry: How Securities Exchanges Create Value?","year":2010,"lang":"en","type":"article","venue":"Research in World Economy","topic":"Banking stability, regulation, efficiency","field":"Economics, Econometrics and Finance","cited_by":4,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"","keywords":"Consolidation (business); Business; Mergers and acquisitions; Revenue; Goodwill; Competition (biology); Market liquidity; Business model; Industrial organization; Finance; Commerce","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":true,"about_ca":false,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.002976814,0.000323275,0.000556149,0.001839089,0.001741393,0.0169901,0.0007312385,0.004039121,0.005854174],"category_scores_gemma":[0.009457891,0.0003041774,0.0004736583,0.002332158,0.01039727,0.01677891,0.00332229,0.002451635,0.001074999],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.003626369,"about_ca_system_score_gemma":0.002747631,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.002282958,"about_ca_topic_score_gemma":0.001565084,"domain_scores_codex":[0.9972302,0.001448176,0.00009624957,0.00025121,0.0005050023,0.0004690988],"domain_scores_gemma":[0.995884,0.001575475,0.0009393042,0.0002977444,0.0007220353,0.0005813713],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"observational","study_design_scores_codex":[0.00003683825,0.00005611904,0.003554424,0.0000434413,0.00001515388,0.0001508239,0.001546393,0.00147833,0.0002579482,0.971633,0.002252394,0.01897514],"study_design_scores_gemma":[0.00002766109,0.00007272611,0.004873652,0.0002048116,0.0000183893,0.0001522248,0.004070171,0.003135332,0.000449758,0.9505678,0.03640258,0.00002488967],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"other","genre_gemma":"empirical","genre_scores_codex":[0.4057643,0.03607108,0.03346632,0.1053655,0.0005048786,0.0001458541,0.000117984,0.0000947521,0.4184694],"genre_scores_gemma":[0.9837811,0.004790084,0.00126642,0.001122109,0.0002331728,0.00002683266,0.00002951497,0.00001981256,0.008731053],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.0169901,"threshold_uncertainty_score":0.02631122,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.07368696593146891,"score_gpt":0.3125719789559054,"score_spread":0.2388850130244365,"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."}}