{"id":"W2169495691","doi":"10.1257/mic.4.4.107","title":"Auctions in Markets: Common Outside Options and the Continuation Value Effect","year":2012,"lang":"en","type":"article","venue":"American Economic Journal Microeconomics","topic":"Auction Theory and Applications","field":"Decision Sciences","cited_by":13,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of Toronto","funders":"","keywords":"Common value auction; Revenue; Microeconomics; Economics; Value (mathematics); Yield (engineering); Forward auction; Vickrey auction; Auction theory; Computer science; 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":[0.007370384,0.0007997231,0.001851704,0.001095707,0.001279875,0.006280402,0.00131213,0.003445785,0.005580069],"category_scores_gemma":[0.02612138,0.0006352966,0.001537329,0.00126911,0.004518649,0.01008826,0.001826618,0.003400199,0.0004761953],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001612019,"about_ca_system_score_gemma":0.001254297,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.000646862,"about_ca_topic_score_gemma":0.000513566,"domain_scores_codex":[0.9972722,0.001542927,0.0001311862,0.0003313589,0.0004205071,0.0003019322],"domain_scores_gemma":[0.9727907,0.01920917,0.004108489,0.002007944,0.0009220268,0.0009616402],"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":[0.0002553753,0.0001410136,0.002003682,0.000154404,0.00007857037,0.0003831587,0.0002740817,0.04317376,0.001439146,0.9342645,0.001116373,0.01671598],"study_design_scores_gemma":[0.0001074691,0.0001155394,0.001047893,0.00007053932,0.00005453778,0.000241592,0.0001195421,0.09429883,0.000328846,0.9018952,0.001679846,0.00004006465],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.4928346,0.005910716,0.4325335,0.006986585,0.0002702758,0.0002012723,0.0002485628,0.0002170967,0.06079747],"genre_scores_gemma":[0.9859161,0.00112526,0.008904239,0.0001383296,0.0001946488,0.00005435748,0.00003823516,0.00002347721,0.003605404],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.007370384,"threshold_uncertainty_score":0.03897876,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.01698778455127191,"score_gpt":0.3353298713848417,"score_spread":0.3183420868335697,"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."}}