{"id":"W2169189654","doi":"10.1093/rof/rfp029","title":"Security Design in Initial Public Offerings","year":2010,"lang":"en","type":"article","venue":"European Finance Review","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":16,"is_retracted":false,"has_abstract":true,"ca_institutions":"York University","funders":"","keywords":"Initial public offering; Winner's curse; Curse; Equity (law); Security market; Callable bond; Unit (ring theory); Empirical evidence; Financial economics; Business; Economics; Information asymmetry; Monetary economics; Microeconomics; Finance; Interest rate; Law; Common value auction","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":[0.001304662,0.0002020635,0.0003158909,0.00007884802,0.0000751562,0.0001205367,0.0004673894,0.00003003024,0.0001788827],"category_scores_gemma":[0.0003858759,0.0001905348,0.00008191745,0.0007843067,0.00005425316,0.001140387,0.0001541237,0.0003945266,0.00246966],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00001276112,"about_ca_system_score_gemma":0.00003441034,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.00004709194,"about_ca_topic_score_gemma":0.0000929346,"domain_scores_codex":[0.9987031,0.00004205735,0.000393362,0.0003497723,0.0001717151,0.0003399694],"domain_scores_gemma":[0.9991113,0.00002192679,0.0003503716,0.0004144462,0.00009186752,0.00001007528],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"design_other","study_design_gemma":"not_applicable","study_design_scores_codex":[0.00005754032,0.0005488024,0.05439408,0.008644154,0.00001720526,0.001296547,0.00006126241,0.00002112587,0.0006581387,0.1130979,0.2561412,0.5650621],"study_design_scores_gemma":[0.0002679787,0.000005939901,0.0934577,0.00135727,0.000009714517,0.000005756325,7.452525e-7,0.00007317022,0.000007669337,0.000495252,0.9040742,0.0002446405],"study_design_candidate":"not_applicable","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.5648172,0.05212379,0.001847339,0.01299773,0.002994569,0.002712014,0.00001790092,0.0005944534,0.361895],"genre_scores_gemma":[0.9753666,0.01597583,0.0002204121,0.007259135,0.0008743126,0.00002540197,0.000009177404,0.00004683258,0.0002222766],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.6479329,"threshold_uncertainty_score":0.998307,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.04320121461399924,"score_gpt":0.2407677383986064,"score_spread":0.1975665237846072,"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."}}