Survivorship Bias in Performance Studies¶
Brown, S. J., Goetzmann, W., Ibbotson, R. G., & Ross, S. A. (1992). Survivorship Bias in Performance Studies. The Review of Financial Studies, 5(4), 553-580.
Cited by¶
3 citations across 3 artifacts.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Excluded Case Review
- It is the standing corrective to survivorship bias
This sourceReview of Financial Studies, 5(4): 553–580 (1992). Demonstrates survivorship bias when inference is based only on funds that remain observable while failed or disappeared funds are omitted.
- It is the standing corrective to survivorship bias
- Preserve–Prune–Recombine Review
- The first is survivorship bias
This sourceIdentifies the relevant selection distortion as survivorship bias.
- The first is survivorship bias
- Style-, Sector-, or Case-Matched Benchmark
- Its signature failure mode is survivorship (and selection) bias in the reference universe — quietly excluding the failed, merged, or inconvenient comparators so the surviving peer group is easier to beat, or gerrymandering the matching rule until the target looks good.
This sourceReview of Financial Studies, 5(4): 553–580 (1992). Shows survivorship bias when failed funds disappear from the observable sample, producing inflated estimates from the surviving universe.
- Its signature failure mode is survivorship (and selection) bias in the reference universe — quietly excluding the failed, merged, or inconvenient comparators so the surviving peer group is easier to beat, or gerrymandering the matching rule until the target looks good.
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Not recorded. Neither this nor any other of the 3 citations of this work carries a recorded support check.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:3e3734b9ba13 · see in the full table