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Record W2327671226

Who is Doing What; to Prices?

2016· article· en· W2327671226 on OpenAlexaff
Fatih Yılmaz

Bibliographic record

VenueEuropean journal of economic and political studies · 2016
Typearticle
Languageen
FieldDecision Sciences
TopicAuction Theory and Applications
Canadian institutionsUniversity of Calgary
Fundersnot available
KeywordsBiddingMarket powerEconomicsMicroeconomicsSpot contractBusinessIndustrial organizationFinancial economics
DOInot available

Abstract

fetched live from OpenAlex

Several different kinds of (vertical or horizontal) acquisitions have been closely monitored by anti-trust authorities in terms of market power although firms’ contract positions, various strategic bidding behaviours in spot market or their output decisions are not well investigated. Findings of this paper show that the existence of a well functioning forward market in a symmetric equilibrium framework (as widely advocated in the literature) makes consumers better off although there is no reason to believe that firms will follow only symmetric equilibrium strategy in practice. Existence of profitable deviations from the equilibrium demonstrates that the equilibrium may not be stable in the long-run. As a result, one can conclude that forward contracts would certainly reduce market power if and only if who is contracting with who is not producer firms.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesInsufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.786
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.137
GPT teacher head0.401
Teacher spread0.265 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2016
Admission routes1
Has abstractyes

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Same venueEuropean journal of economic and political studiesSame topicAuction Theory and ApplicationsFrench-language works237,207