Arbitrage opportunities in frictionless markets with sophisticated investors

Research output: Contribution to journalArticleAcademicpeer-review

Original languageEnglish
Pages (from-to)389-393
Number of pages5
JournalEconomic Theory
Volume34
Issue number2
DOIs
Publication statusPublished - 2008
Externally publishedYes

JEL classifications

  • g12 - "Asset Pricing; Trading volume; Bond Interest Rates"
  • d50 - General Equilibrium and Disequilibrium: General
  • d90 - Intertemporal Choice and Growth: General

Keywords

  • arbitrage
  • equilibrium
  • Time-inconsistent preferences

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