How Constraining Are Limits to Arbitrage? Evidence from a Recent Financial Innovation
收藏NBER2014-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w19834
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资源简介：
Limits to arbitrage play a central role in behavioral finance. They are thought to interfere with arbitrage processes so that security prices can deviate from true values for extended periods of time. We describe a recent financial innovation that allows limits to arbitrage to be sidestepped, and
提供机构：
美国国家经济研究局
创建时间：
2014-01-01
