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Self-Selection Bias

A bias (distortion) that results from the decision of a hedge fund whether to report its results (returns or performance)...

    Survivorship Bias

    A bias (distortion) that occurs if the database of hedge funds only includes information on surviving funds, i.e., those that continue to...

      Stale Price Bias

      A bias (distortion) that results from a lack of liquidity and a lack of marking to market value. This bias is caused by...

        Inclusion Bias

        A variation of the survivorship bias that results from inclusion of a new hedge fund into a given index and...