{"id":"W4382542044","doi":"10.1108/mf-11-2022-0545","title":"Round offer prices in M&A transactions: costly negotiation and psychological preference","year":2023,"lang":"en","type":"article","venue":"Managerial Finance","topic":"Corporate Finance and Governance","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"University of Manitoba","funders":"","keywords":"Bidding; Negotiation; Preference; Microeconomics; Economics; Value (mathematics); Originality; Marketing; Business; Psychology; Social psychology; Computer science","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":[0.002554132,0.0001413268,0.000230599,0.0007651282,0.0005610596,0.001879372,0.0004411658,0.0005338697,0.004299739],"category_scores_gemma":[0.03294815,0.0002219778,0.0002510113,0.0006024399,0.001004721,0.001430266,0.0007560902,0.0007206025,0.000205009],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0005250581,"about_ca_system_score_gemma":0.0004240523,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0008904553,"about_ca_topic_score_gemma":0.001026872,"domain_scores_codex":[0.9976078,0.001061126,0.000193487,0.0002106356,0.0007479774,0.000178818],"domain_scores_gemma":[0.9637779,0.02012718,0.012527,0.001461084,0.001013869,0.00109296],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.0007617944,0.0006398956,0.922662,0.0001286761,0.0001886831,0.0006210781,0.007006327,0.001480141,0.003195099,0.006919129,0.0003816672,0.05601545],"study_design_scores_gemma":[0.00002605876,0.0003309392,0.976771,0.00002697433,0.0000412417,0.001049612,0.009096476,0.005585548,0.0006504664,0.005567872,0.0008040773,0.0000498337],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9964228,0.00006457404,0.001043298,0.0001281097,0.000003805926,0.00001301024,0.00001159595,0.000003119544,0.00230965],"genre_scores_gemma":[0.999471,0.00001550993,0.0003198987,0.00002214512,0.000005557492,0.000004100824,0.00000848406,9.917354e-7,0.0001522762],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.004299739,"threshold_uncertainty_score":0.01438403,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.09358782152375611,"score_gpt":0.2662276403886465,"score_spread":0.1726398188648904,"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."}}