The capital structure arbitrage strategy exploits the discrepancies between the credit default swap and equity markets … traditional arbitrage trading during the financial crisis. Furthermore, the returns of the new strategies have lower correlation … with market returns than the standard capital structure arbitrage …

The field-based experimental approach was utilized to collect expectations-arbitrage portfolios from more than 100 …

The field experimental approach was utilized to collect expectations-arbitrage portfolios from competent investors in …

promotes an effectively functioning mechanism, generally referred to as arbitrage by market participants, supporting the active … market in ETF shares. The article introduces a path for achieving an effective arbitrage mechanism. We argue that the …

This paper examines the determinants of cross-platform arbitrage profits. We develop a structural model that enables us … to decompose the likelihood of an arbitrage opportunity into three distinct factors: the fixed cost to trade the … corroborate strongly the predictions from the structural model. The event of a cross market arbitrage opportunity has a certain …

We propose a new approach to modeling informed order flows. Our approach generalizes arbitrage pricing to incorporate …

We survey theoretical developments in the literature on the limits of arbitrage. This literature investigates how costs …

We examine the economic mechanisms that limited arbitrage between the cash and forward markets of agency MBS, and …

Abstract We examine the economic mechanisms that limited arbitrage between the cash and forward markets of agency MBS …

with no-arbitrage. We derive closed-form solutions for small frictions, and can generate price differentials in line with …