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conjectures that belief biases such as overoptimism and reputational concerns affect fiduciary investment behavior. Standard mean … function which takes an entropic form and considers investment objectives in a fiduciary environment. Our results demonstrate …
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This article presents economic arguments for extending a limited form of fiduciary duty to creditors. It clarifies the … for a fiduciary duty is the presence of opportunistic behaviour, rather than arguing that it will depend on when a firm is …
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; for dishonest or misleading conduct under the financial services laws; through the application of certain fiduciary …
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