Yang, Fan; Havránek, Tomáš; Havránková, Zuzana; … - 2022
and 2021 we show that inferences about hedge fund returns are not significantly contaminated by publication selection bias … points. Considering several partitions of our sample, we document a modest publication bias only for estimates based on … survivorship bias) report lower alphas. Our results demonstrate that despite the prevalence of the publication selection bias in …