alpha. Our approach improves out-of-sample portfolio performance and significantly alters asset allocation decisions …

We develop a new approach for evaluating performance across hedge funds. Our approach allows for performance … decrease in performance with a new model formed with alternative factors that capture variance, correlation, liquidity, betting …

's performance, the prime broker determines the lending rate to cover its expected loss in case of a default. We then explore the …

How much of entrepreneurial performance is sheer luck compared to talent, experience, education, and hard work? We … define luck as unexpected performance and look for an answer in a large survey of entrepreneurs. Accordingly, luck ranks last … in importance among various success factors and accounts for less than one third of performance variation. This ranking …

explained by different individual or managerial performance. The gap is influenced more by individuals than by institutions …

behavior and mechanism performance in these auctioned IPOs using detailed bidding data. The existence of some bids posted at …