rational explanation of the strong home bias observed in US investors' asset allocation, based on regime switching, skew and …

We investigate the association between corporate international diversification and the accuracy and bias of consensus …

known factor structure. There, the bias in optimization can be reduced dramatically by using a covariance matrix based on a … portfolios, the bias in factor-model forecasts is less than previously thought. Lastly, we discuss the role of constraints in … mitigating risk forecasting bias …