Malkiel, Burton G.; Saha, Atanu - 2004
. We shall see that these biases are far
greater than has been estimated in previous studies.
Constructing a data base … inefficiencies. Event Driven funds try to capture gains from
corporate restructurings or from mergers and acquisitions …
sets than we have employed. Liang (2001) states that HFR (the data base provider for some of
the previous studies …