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Keywords: Investments
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Journal Articles
Journal:
Journal of Financial Crime
Journal of Financial Crime (2022) 29 (1): 215–232.
Published: 23 April 2021
... themselves that their prior belief is still correct so that they can avoid the discomfort of being wrong. It was more comfortable for SEC investigators to persist in their prior belief that Madoff’s fund set the high standard in the investment industry. The conformity bias listed by Prentice (2007...
