{"id":"W2112004181","doi":"10.3386/w20588","title":"Welfare and Optimal Trading Frequency in Dynamic Double Auctions","year":2014,"lang":"en","type":"report","venue":"National Bureau of Economic Research","topic":"Auction Theory and Applications","field":"Decision Sciences","cited_by":21,"is_retracted":false,"has_abstract":true,"ca_institutions":"Burnaby Hospital; Bank of Canada; Simon Fraser University","funders":"","keywords":"Common value auction; Welfare; High-frequency trading; Business; Economics; Microeconomics; Computer science; Financial economics; Algorithmic trading; Market economy","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":"codex-gemma-dda1882f352a","candidate_categories":["insufficient_payload"],"consensus_categories":[],"category_scores_codex":[0.01704717,0.0001750031,0.0004928742,0.00207681,0.0003774272,0.0001733561,0.0007991912,0.0003460167,0.002008703],"category_scores_gemma":[0.002223704,0.0001652265,0.0001379989,0.000640058,0.0005206737,0.0003230596,0.0001680457,0.0008027678,0.0002242873],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001100235,"about_ca_system_score_gemma":0.001574341,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0008904664,"about_ca_topic_score_gemma":0.0007102631,"domain_scores_codex":[0.995267,0.0002916427,0.001217443,0.0007978001,0.002107151,0.0003189577],"domain_scores_gemma":[0.9952531,0.00207589,0.0004581037,0.0004880644,0.001595425,0.0001293746],"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":[0.00003795567,0.00006804791,0.001011305,0.00003000027,0.00003997138,0.00000126045,0.0001038394,0.002332215,0.00007271216,0.9784451,0.01254185,0.005315701],"study_design_scores_gemma":[0.0004553979,0.00004619149,0.003094362,0.00004272609,0.000006372917,0.00005523877,0.0003748327,0.005447207,0.00003616827,0.9402198,0.05002993,0.0001917478],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"other","genre_gemma":"empirical","genre_scores_codex":[0.04217684,0.0006349753,0.0006854323,0.007507996,0.0007713153,0.0009714988,0.0002420758,0.00003100873,0.9469789],"genre_scores_gemma":[0.9875687,0.0002257208,0.0005201874,0.000006566338,0.0002873625,0.000169043,0.0001249646,0.0000217679,0.01107567],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.9453919,"threshold_uncertainty_score":0.9989036,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.5327710918059062,"score_gpt":0.5986649595149705,"score_spread":0.06589386770906425,"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."}}