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Bankruptcy Decision Making: An Empirical Study of Continuation Bias in Small‐Business Bankruptcies
The Journal of law & economics
JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact firstname.lastname@example.org. . Abstract Many small businesses attempt to reorganize under Chapter 11 of the U.S. Bankruptcy Code, but most are ultimately liquidated instead. Little is knowndoi:10.1086/511319 fatcat:ok6hgojybfcwfpxugc6dhecxh4