Heterogeneous managers, distribution picking and competition
The first chapter of this thesis develops a model where a number of new hedge funds with unknown and varying ability compete to enhance their reputations by registering high performance relative to their peers. The funds’ choice variable is their return distribution, which financial engineering give...
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University of Warwick
2015
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| Online Access: | https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.714864 |