Limits to arbitrage

<h2 id="see-also">See also</h2>
<ul><li><a href="/facts/Arbitrage/sFFMI3nk">Arbitrage § Dual-listed companies</a></li></ul>

<h2 id="further-reading">Further reading</h2>
<ul><li><i>Inefficient Markets: An Introduction to Behavioral Finance</i>, Andrei Shleifer, 2000, Oxford University Press.</li>
<li>Andrei Shleifer and Robert W. Vishny, 1997, 'The Limits of Arbitrage', <i>The Journal of Finance</i>, American Finance Association</li>
<li>Gromb, Denis, and Dimitri Vayanos, 2002, Equilibrium and welfare in markets with financially constrained arbitrageurs, <i>Journal of Financial Economics</i> 66, 361–407.</li>
<li>Gromb, Denis, and Dimitri Vayanos, 2010, Limits of Arbitrage: The State of the Theory, the <i>Annual Review of Financial Economics</i>, forthcoming.</li>
<li>Kondor, Peter, 2009. Risk in Dynamic Arbitrage: Price Effects of Convergence Trading, <i>Journal of Finance</i> 64(2), April 2009</li>
<li>Xiong, Wei, 2001, Convergence trading with wealth effects, <i>Journal of Financial Economics</i> 62, 247–292.</li></ul>

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Limits to arbitrage