Resource title

On pricing anomalies and the limits of arbitrage

Resource image

image for OpenScout resource :: On pricing anomalies and the limits of arbitrage

Resource description

Textbooks say that even minuscule differences in the price of identical goods in two places should be short-lived. But anomalies do exist, and they often persist for far longer than theories predict, write Denis Gromb and Dimitri Vayanos.

Resource author

Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://knowledge.insead.edu/pricing-anomalies-and-limits-of-arbitrage-101108.cfm

Resource license

Copyright INSEAD. All rights reserved