create a website

Limited Arbitrage, Segmentation, and Investor Heterogeneity: Why the Law of One Price So Often Fails. (2003). Flynn, Sean.
In: Vassar College Department of Economics Working Paper Series.
RePEc:vas:papers:56.

Full description at Econpapers || Download paper

Cited: 1

Citations received by this document

Cites: 30

References cited by this document

Cocites: 23

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Liquidität, Risikoeinstellung des Kapitalmarktes und Konjunkturerwartung als Preisdeterminanten von Collateralized Debt Obligations (CDOs) - Eine simulationsgestützte Analyse. (2009). Gann, Philipp .
    In: Discussion Papers in Business Administration.
    RePEc:lmu:msmdpa:10582.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Bedi, Jaideep, and Paul Tennant, 2002, Dual-listed Companies, Reserve Bank of Australia Bulletin October, 113.
    Paper not yet in RePEc: Add citation now
  2. Brauer, Gregory A., 1984, Open-ending Closed-end Funds, Journal of Financial Economics 13, 491507.

  3. Chen, Joseph, Hong Harrison, and Joseph C. Stein, 2002, Breadth of Ownership and Stock Returns, Journal of Financial Economics 66.

  4. DAvolio, Gene, 2002, The Market For Borrowing Stock, Journal of Financial Economics 66, 271306.

  5. DeLong, J. Bradford, Andrei Shleifer, Lawrence H. Summers, and Robert J. Waldmann, 1990, Noise Trader Risk in Financial Markets, Journal of Political Economy 98, 703738.

  6. Dimson, Elroy, and Carolina Minio-Kozerski, 1999, Closed-end Funds: A survey, Financial Markets, Institutions, and Instruments 8.

  7. Duffie, J. Darrell, Nicolae Garleanu, and Lasse Heje Pedersen, 2002, Securities Lending, Shorting, and Pricing, Journal of Financial Economics 66.

  8. Fama, Eugene, and Kenneth French, 1992, The Cross-Section of Excpected Stock Returns, Journal of Finance 47, 42765.
    Paper not yet in RePEc: Add citation now
  9. Flynn, Sean Masaki, 2002, A Model of the Discounts on Closed-end Mutual Funds, the Quantifcation of Investor Sentiment, and the Inability of Arbitrage to Force Closed-end Fund Share Prices to Par, Ph.D. thesis University of California, Berkeley.
    Paper not yet in RePEc: Add citation now
  10. Flynn, Sean Masaki, 2003, THE PORTFOLIO ALLOCATION EFFECTS OF INVESTOR SENTIMENT ABOUT THE ABILITY OF MANAGERS TO BEAT THE MARKET, Under Review, Journal of Finance.

  11. Froot, Kenneth A., and Emil M. Dabora, 1999, How are Stock Prices Affected by the Location of Trade?, Journal of Financial Economics 53, 189216.

  12. Gallmeyer, Michael, and Burton Hollifield, 2002, An Examination of Heterogeneous Beliefs with a Short-sale Constraint, Working Paper, Graduate School of Industrial Administration, Carnegie Mellon University pp. 140.

  13. Geczy, Christopher C., David K. Musto, and Adam V. Reed, 2002, Stocks are Special Too: An Analysis of the Equity Lending Market, Journal of Financial Economics 66, 241269.

  14. Harrison, J. Michael, and David M. Kreps, 1978, Speculative Investor Behavior in a Stock Market with Heterogeneous Expectations, Quarterly Journal of Economics 92, 323336.

  15. Hull, John C., 2000, Options, Futures, & Other Derivatives. (Prentice Hall New Jersey).
    Paper not yet in RePEc: Add citation now
  16. Lamont, Owen A., and Richard H. Thaler, 2001, Can the Market Add and Subtract? Mispricing in Tech-stock Carve-outs, NBER Work Papers w8302, 160.

  17. Lee, Charles M., Andrei Shleifer, and Richard Thaler, 1991, Investor Sentiment and the Closed-end Fund Puzzle, The Journal of Finance 46, 75109.

  18. Lintner, John, 1965, The Valuation of Risk Assets and the Valuation of Risky Investments in Stock Portfolios and Capital Budgets, Review of Economics and Statistics 47, 1337.
    Paper not yet in RePEc: Add citation now
  19. Lowenstein, Roger, 2000, When Genius Failed: The Rise and Fall of Long-Term Capital Management. (Random House New York).
    Paper not yet in RePEc: Add citation now
  20. Miller, Edward M., 2001, Why the Low Returns to Beta and Other Forms of Risk: Divergence of Opinion and Uncertainty-induced Bias, The Journal of Portfolio Management 27, 4055.
    Paper not yet in RePEc: Add citation now
  21. Mitchell, Mark, Todd Pulvino, and Erik Stafford, 2002, Limited Arbitrage in Equity Markets, Journal of Finance 57, 551584.

  22. Morris, Stephen, 1996, Speculative Investor Behavior and Learning, Quarterly Journal of Economics 111, 11111133.

  23. Norman, Charles A., 1971, Economic Analysis of the Prudhoe Bay Oil Field, in M.A. Adleman, Paul G. Bradley, and Charles A. Norman, eds.: Alaskan Oil: Costs and Supply (Praeger Publishers, New York ).
    Paper not yet in RePEc: Add citation now
  24. Ofek, Eli, Matthew Richardson, and Robert. F Whitelaw, 2002, Limited Arbitrage and Short Sales Restrictions: Evidence from the Options Markets, NBER Working Papers 9423.

  25. Oswald, Lori Jo, 2001, ARCO Strikes Oil at Prudhoe Bay, Petroleum News Alaska 6.
    Paper not yet in RePEc: Add citation now
  26. Rosenthal, Leonard, and Colin Young, 1990, The seemingly anomalous price behavior of Royal Dutch/Shell and Unilever N.V./PLC, Journal of Financial Economics 26, 123141.

  27. Scheinkman, Jose A., and Xiong Wei, 2002, Overconfidence, Short-Sale Constraints, and Bubbles, Princeton University Working Paper pp. 149.

  28. Sharpe, William F., 1964, Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk, Journal of Finance 19, 425442.

  29. Shleifer, Andrei, and Robert W. Vishny, 1997, The Limits of Arbitrage, Journal of Finance 52, 3555.

  30. Weiss, Kathleen, 1989, The Post-offering Price Performance of Closed-end Funds, Financial Management 18, 5767.
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. An analysis of closed-end funds discounts viewed from a lack of redemption perspective. (2018). Yildirim, Sinan ; Misra, Lalatendu ; Kittiakarasakun, Jullavut.
    In: Review of Quantitative Finance and Accounting.
    RePEc:kap:rqfnac:v:50:y:2018:i:2:d:10.1007_s11156-017-0634-0.

    Full description at Econpapers || Download paper

  2. Short selling and the pricing of closed-end funds. (2017). Alexander, Gordon ; Peterson, Mark A.
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:33:y:2017:i:c:p:124-142.

    Full description at Econpapers || Download paper

  3. Directors’ Ownership and Closed-End Fund Discounts. (2014). Ju, Yongchun ; Zhao, Linying .
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:45:y:2014:i:2:p:241-269.

    Full description at Econpapers || Download paper

  4. Noise-trading, costly arbitrage, and asset prices: Evidence from US closed-end funds. (2012). Flynn, Sean.
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:15:y:2012:i:1:p:108-125.

    Full description at Econpapers || Download paper

  5. Abnormal Returns on CEFs and in Pre-and-Post-Credit-Crunch Periods. (2011). Mavrakis, Emmanouil.
    In: European Research Studies Journal.
    RePEc:ers:journl:v:xiv:y:2011:i:4:p:55-70.

    Full description at Econpapers || Download paper

  6. Activist arbitrage: A study of open-ending attempts of closed-end funds. (2010). Jiang, Wei ; Bradley, Michael ; Goldstein, Itay ; Brav, Alon.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:95:y:2010:i:1:p:1-19.

    Full description at Econpapers || Download paper

  7. Net asset value discounts in listed private equity funds. (2009). Lahr, Henry ; Kaserer, Christoph.
    In: CEFS Working Paper Series.
    RePEc:zbw:cefswp:200912.

    Full description at Econpapers || Download paper

  8. The behavior of discounts of closed-end funds undergoing open-ending. (2008). Martinez, Valeria ; Yildirim, Sinan ; Misra, Lalatendu ; Bhanot, Karan ; Kittiakaraskun, Jullavut.
    In: Working Papers.
    RePEc:tsa:wpaper:0094fin.

    Full description at Econpapers || Download paper

  9. Sentiment and the Interpretation of News about Fundamentals. (2005). Flynn, Sean.
    In: Vassar College Department of Economics Working Paper Series.
    RePEc:vas:papers:72.

    Full description at Econpapers || Download paper

  10. Noise-trading, Costly Arbitrage, and Asset Prices: Evidence from US Closed-end Funds. (2005). Flynn, Sean.
    In: Vassar College Department of Economics Working Paper Series.
    RePEc:vas:papers:71.

    Full description at Econpapers || Download paper

  11. A Rational Model of the Closed-End Fund Discount. (2004). Stanton, Richard ; Berk, Jonathan.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10412.

    Full description at Econpapers || Download paper

  12. Closed‐End Fund Discounts and Expected Investment Performance. (2004). Ferguson, Robert ; Leistikow, Dean.
    In: The Financial Review.
    RePEc:bla:finrev:v:39:y:2004:i:2:p:179-202.

    Full description at Econpapers || Download paper

  13. Limited Arbitrage, Segmentation, and Investor Heterogeneity: Why the Law of One Price So Often Fails. (2003). Flynn, Sean.
    In: Vassar College Department of Economics Working Paper Series.
    RePEc:vas:papers:56.

    Full description at Econpapers || Download paper

  14. Governance and boards of directors in closed-end investment companies. (2003). Del Guercio, Diane ; Megan, Partch M. ; Diane, Del Guercio ; Dann Larry Y., .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:69:y:2003:i:1:p:111-152.

    Full description at Econpapers || Download paper

  15. The dynamic behavior of closed-end funds and its implication for pricing, forecasting, and trading. (2002). Schobel, Rainer ; Kellerhals, Philipp B..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:26:y:2002:i:8:p:1615-1643.

    Full description at Econpapers || Download paper

  16. Closed-End Fund Discounts with Informed Ownership Differential. (2001). Grullon, Gustavo ; Wang, Albert F..
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:10:y:2001:i:2:p:171-205.

    Full description at Econpapers || Download paper

  17. A contingent claim analysis of closed-end fund premia. (2001). Nakamura, Masao ; Turtle, Harry J. ; Korkie, Bob .
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:10:y:2001:i:4:p:365-394.

    Full description at Econpapers || Download paper

  18. Adverse selection and bid-ask spreads: Evidence from closed-end funds. (1998). WHEATLEY, SIMON M. ; Neal, Robert.
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:1:y:1998:i:1:p:121-149.

    Full description at Econpapers || Download paper

  19. Investor sentiment and the closed-end fund evidence: Impact of the January effect. (1996). Shull, David M. ; Leonard, David C..
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:36:y:1996:i:1:p:117-126.

    Full description at Econpapers || Download paper

  20. What Moves the Discount on Country Equity Funds?. (1994). Wizman, Thierry A. ; la Porta, Rafael ; Hardouvelis, Gikas.
    In: NBER Chapters.
    RePEc:nbr:nberch:6278.

    Full description at Econpapers || Download paper

  21. Investor Sentiment and the Closed-End Fund Puzzle. (1990). Thaler, Richard ; Shleifer, Andrei ; Lee, Charles.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:3465.

    Full description at Econpapers || Download paper

  22. Why are the parts worth more than the sum? \\Chop shop,\\ a corporate valuation model. (1987). Speidell, Lawrence S. ; Lebaron, Dean.
    In: Conference Series ; [Proceedings].
    RePEc:fip:fedbcp:y:1987:p:78-101:n:31.

    Full description at Econpapers || Download paper

  23. Noise Trader Risk in Financial Markets. (). Waldmann, Robert ; Summers, Lawrence ; Shleifer, Andrei ; DeLong, James.
    In: J. Bradford De Long's Working Papers.
    RePEc:wop:calbec:_124.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-20 20:21:18 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.