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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Analysis of the Limited Arbitrage based on Behavioral Finance

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DOI: 10.25236/fmess.2017.16

Author(s)

Zhuoran Chen

Corresponding Author

Zhuoran Chen

Abstract

In real financial market, the completely unlimited arbitrage does not exist. Based on the two theoretical cornerstones of behavioural finance, this paper discussed the development of the limited arbitrage theory. And the restricted factors of arbitrage are summarized based on behavioural finance.

Keywords

limited arbitrage, behavioural finance, noise trading, market value