diff --git a/CHANGELOG.md b/CHANGELOG.md
index b2e4244c..259f61ef 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,24 +9,25 @@ All notable changes to this project will be documented in this file.
 - `Obs` objects now have methods `is_zero` and `is_zero_within_error`
 
 ### Changed
-- Additional attributes can no longer be added to existing Obs. This makes it no longer possible to import Obs created with previous versions of pyerrors
-- The default value for Corr.prange is now `None`
+- Additional attributes can no longer be added to existing `Obs`. This makes it no longer possible to import `Obs` created with previous versions of pyerrors
+- The default value for `Corr.prange` is now `None`
 - The `input` module was restructured to contain one submodule per data source
 
 ### Deprecated
 - The function `plot_corrs` was deprecated as all its functionality is now contained within `Corr.show`
-- Obs no longer have an attribute e_Q
+- The kwarg `bias_correction` in `derived_observable` was removed
+- Obs no longer have an attribute `e_Q`
 
 ## [1.1.0] - 2021-10-11
 ### Added
 - `Corr` class added
-- roots module added which can find the roots of a function that depends on Monte Carlo data via pyerrors Obs
-- input/hadrons module added which can read hdf5 files written by [Hadrons](https://github.com/aportelli/Hadrons)
-- read_rwms can now read reweighting factors in the format used by openQCD-2.0 
+- `roots` module added which can find the roots of a function that depends on Monte Carlo data via pyerrors `Obs`
+- `input/hadrons` module added which can read hdf5 files written by [Hadrons](https://github.com/aportelli/Hadrons)
+- `read_rwms` can now read reweighting factors in the format used by openQCD-2.0 
 
 ## [1.0.1] - 2020-11-03
 ### Fixed
-- Bug in pyerrors.covariance fixed that appeared when working with several
+- Bug in `pyerrors.covariance` fixed that appeared when working with several
   replica of different length.
 
 ## [1.0.0] - 2020-10-13
diff --git a/pyerrors/pyerrors.py b/pyerrors/pyerrors.py
index f5e58494..a1ec8910 100644
--- a/pyerrors/pyerrors.py
+++ b/pyerrors/pyerrors.py
@@ -726,9 +726,6 @@ def derived_observable(func, data, **kwargs):
     man_grad -- manually supply a list or an array which contains the jacobian
                 of func. Use cautiously, supplying the wrong derivative will
                 not be intercepted.
-    bias_correction -- if True, the bias correction specified in
-                       hep-lat/0306017 eq. (19) is performed, not recommended.
-                       (Only applicable for more than 1 replicum)
 
     Notes
     -----
@@ -831,12 +828,7 @@ def derived_observable(func, data, **kwargs):
             new_samples.append(new_deltas[name] + new_r_values[name][i_val])
 
         final_result[i_val] = Obs(new_samples, new_names)
-
-        # Bias correction
-        if replicas > 1 and kwargs.get('bias_correction'):
-            final_result[i_val].value = (replicas * new_val - final_result[i_val].value) / (replicas - 1)
-        else:
-            final_result[i_val].value = new_val
+        final_result[i_val].value = new_val
 
     if multi == 0:
         final_result = final_result.item()