kaal:claim:2447306-008

Further randomization of the sample was not available as a remedy, because respondents drawn from outside the private fund adviser population would never have been exposed to the new disclosure requirements and so could say nothing about them.

It would not have been feasible to further randomize the sample by including respondents from outside of the private fund industry or respondents other than private fund advisers because those non-adviser respondents would not have been exposed to the new disclosure requirements.

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014), III. Methodology, 3. Selection Bias, p. 12
https://ssrn.com/abstract=2447306 · source PDF

Wulf A. Kaal, Private Fund Disclosures Under the Dodd-Frank Act (2014). SSRN: https://ssrn.com/abstract=2447306

• surveys measuring the experience of complying with a new disclosure regime

conditionsupport: arguedempirical-evidenceprivate-fundsresearch-methods

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