{"id":"W4385502285","doi":"10.2139/ssrn.4529513","title":"An Economic Model of a Decentralized Exchange with Concentrated Liquidity","year":2023,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"Economic theories and models","field":"Economics, Econometrics and Finance","cited_by":20,"is_retracted":false,"has_abstract":false,"ca_institutions":"McGill University","funders":"","keywords":"Market liquidity; Economic model; Business; Economics; Monetary economics; Financial system; Macroeconomics","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":[0.001123259,0.0004762881,0.001212792,0.0007114839,0.00111384,0.003251672,0.001866436,0.005067989,0.01368826],"category_scores_gemma":[0.00318595,0.000541229,0.0007418324,0.001053843,0.001976231,0.004081788,0.00181555,0.002087166,0.0009487067],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.001189358,"about_ca_system_score_gemma":0.001272563,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.003289835,"about_ca_topic_score_gemma":0.001729486,"domain_scores_codex":[0.9994997,0.0002175503,0.00002277225,0.0001037439,0.00008194621,0.0000743302],"domain_scores_gemma":[0.9985612,0.0007115995,0.0002372787,0.00008424941,0.0001290331,0.0002766492],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"simulation_or_modeling","study_design_scores_codex":[0.000240408,0.0001246882,0.0006813895,0.00007046015,0.00004784237,0.0009505292,0.0001614415,0.2208467,0.001353954,0.7690706,0.003502584,0.002949416],"study_design_scores_gemma":[0.0003263091,0.00009821179,0.0003588185,0.00001962719,0.00003111714,0.0002500692,0.0001002986,0.7283095,0.000158721,0.2684776,0.001829905,0.00003988249],"study_design_candidate":"simulation_or_modeling","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.5546694,0.001242295,0.2881508,0.02482334,0.0005927106,0.0001926471,0.001619141,0.0004810796,0.1282286],"genre_scores_gemma":[0.9523575,0.0004765093,0.008079365,0.0003389476,0.0002986807,0.00008364415,0.0001572726,0.00003908541,0.03816899],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.01368826,"threshold_uncertainty_score":0.0457918,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.02682780440514422,"score_gpt":0.2309313735501188,"score_spread":0.2041035691449745,"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."}}