Template-type: ReDif-Paper 1.0
Author-Name: Rohde Kirsten I.M. 
Author-workplace-name: METEOR
Title: A Reason for Sophisticated Investors not to seize Arbitrage Opportunities in Markets without Frictions
Abstract: An example shows that for sophisticated consumers with changing preferences it can be perfectly rational not to seize arbitrage opportunities in markets without frictions. 
Keywords: financial economics and financial management ; 
Series: Research Memoranda
Creation-Date: 2005
Number: 053
File-URL: http://digitalarchive.maastrichtuniversity.nl/fedora/objects/guid:49fb1587-96e5-4b1c-8c08-3acbd0caf8d1/datastreams/ASSET1/content
File-Format: application/pdf
File-Size: 79777
Handle: RePEc:unm:umamet:2005053