Arbitrage opportunities in frictionless markets with sophisticated investors

被引：2
|
作者：
Rohde, Kirsten I. M. [1 ]
机构：
[1] Erasmus Univ, Dept Econ, NL-3000 DR Rotterdam, Netherlands
来源：
ECONOMIC THEORY | 2008年 / 34卷 / 02期
关键词：
arbitrage; equilibrium; time-inconsistent preferences;
D O I：
10.1007/s00199-006-0183-6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
An example shows that when preferences change over time and consumers are sophisticated, it is possible that arbitrage opportunities exist in frictionless markets, even in equilibrium.
引用
收藏
页码：389 / 393
页数：5
相关论文
共 50 条
  • [1] Arbitrage opportunities in frictionless markets with sophisticated investors
    Kirsten I. M. Rohde
    Economic Theory, 2008, 34 : 389 - 393
  • [2] Borrow low, lend high: Credit arbitrage by sophisticated investors
    Tian, Geran
    Wang, Xiaowen
    Wu, Weixing
    PACIFIC-BASIN FINANCE JOURNAL, 2021, 67
  • [3] ARBITRAGE OPPORTUNITIES IN METAL FUTURES MARKETS
    MA, CK
    SOENEN, LA
    JOURNAL OF FUTURES MARKETS, 1988, 8 (02) : 199 - 209
  • [4] Identifying arbitrage opportunities in E-markets
    Debenham, J
    E-COMMERCE AND WEB TECHNOLOGIES, PROCEEDINGS, 2002, 2455 : 67 - 76
  • [5] Arbitrage opportunities across sponsored search markets
    Bu, Tian-Ming
    Deng, Xiaotie
    Qi, Qi
    THEORETICAL COMPUTER SCIENCE, 2008, 407 (1-3) : 182 - 191
  • [6] Losing money on arbitrage: Optimal dynamic portfolio choice in markets with arbitrage opportunities
    Liu, J
    Longstaff, FA
    REVIEW OF FINANCIAL STUDIES, 2004, 17 (03): : 611 - 641
  • [7] Arbitrage opportunities and feedback trading in emissions and energy markets
    Chau, Frankie
    Kuo, Jing-Ming
    Shi, Yukun
    JOURNAL OF INTERNATIONAL FINANCIAL MARKETS INSTITUTIONS & MONEY, 2015, 36 : 130 - 147
  • [8] Are there tax arbitrage opportunities in private rental housing markets?
    Wood, GA
    JOURNAL OF HOUSING ECONOMICS, 2001, 10 (01) : 1 - 20
  • [9] Identifying arbitrage opportunities in retail markets with artificial intelligence
    Tanlamai, Jitsama
    Khern-am-nuai, Warut
    Adulyasak, Yossiri
    AI & SOCIETY, 2024, 39 (05) : 2615 - 2630
  • [10] ARBITRAGE OPPORTUNITIES BETWEEN THIN AND LIQUID FUTURES MARKETS
    CARTER, CA
    JOURNAL OF FUTURES MARKETS, 1989, 9 (04) : 347 - 353
12345