{"id":"W4398196931","doi":"10.1016/j.finmar.2024.100914","title":"Firm visibility, liquidity, and valuation for thinly traded assets","year":2024,"lang":"en","type":"article","venue":"Journal of Financial Markets","topic":"Financial Markets and Investment Strategies","field":"Economics, Econometrics and Finance","cited_by":1,"is_retracted":false,"has_abstract":false,"ca_institutions":"University of Toronto","funders":"Peking University; National Natural Science Foundation of China","keywords":"Market liquidity; Valuation (finance); Business; Immediacy; Liquidity crisis; Monetary economics; Economics; Financial economics; 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":[0.001372963,0.0001970369,0.0003129352,0.001365511,0.0003347768,0.002984003,0.0005477946,0.0009620824,0.004139787],"category_scores_gemma":[0.02325874,0.0001899389,0.0002935466,0.0008285511,0.0006239013,0.002857819,0.00107943,0.001224289,0.0002578549],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0004830778,"about_ca_system_score_gemma":0.0002314603,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.002641046,"about_ca_topic_score_gemma":0.002696434,"domain_scores_codex":[0.9996656,0.00007261611,0.00003619927,0.00004861143,0.00007984992,0.00009707236],"domain_scores_gemma":[0.955889,0.02183254,0.01748312,0.001103559,0.0009044673,0.002787286],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.001933722,0.0005575424,0.9620264,0.00006454618,0.0001673455,0.0009796636,0.000916431,0.004476684,0.004652891,0.006430381,0.0005848742,0.01720957],"study_design_scores_gemma":[0.00006910135,0.0005861069,0.9544904,0.00006687135,0.0001225044,0.0008267041,0.001857352,0.0237722,0.002117081,0.01537776,0.0006610883,0.00005284282],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9987192,0.0001363712,0.0002285347,0.00005750496,0.000002183828,0.000003074892,0.0000458987,0.00000334171,0.000804007],"genre_scores_gemma":[0.9997308,0.00002778413,0.00004534526,0.0000037046,0.000005134614,6.735438e-7,0.00005153671,0.000001054944,0.0001339833],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.004139787,"threshold_uncertainty_score":0.01384896,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.05025416150743826,"score_gpt":0.2677861323488673,"score_spread":0.2175319708414291,"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."}}