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This volume is the first in a set of planned special volumes, in which the Critical Finance Review (CFR) is soliciting teams to reanalyze seminal studies in finance (suggestions for future issues are welcome). The reanalyses are peer-refereed. However, the CFR expects to accept them, given due and appropriate competence and care. This editorial process is similar to the processes used for symposium issues at other peer-reviewed journals. Critically, the papers will explicitly not be rejected if they report that all aspects of the original studies were perfect.

These special volumes exist because they make it possible to debate alternative...

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