Management International Review, Vol. 27, No. 1 (1st Quarter, 1987), pp. 13-22 (10 pages) This paper proposes a simple, but robust approach to the theory of the Arbitrage Pricing Theory. This testing ...

The Efficient Market Hypothesis claims that arbitrage by "smart money" in the market pushes prices towards their informationally efficient values, i.e., values that reflect "all available information.

Stephen A. Ross, Franco Modigliani professor of financial economics and a professor of finance at the Sloan School of Management at the Massachusetts Institute of Technology, died March 3. He was 73.

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

This paper is an introduction to the mathematical theory of arbitrage. Examples of the graph-theoretic mathematics of arbitrage are given in economics, electrical circuit theory (Kirchhoff's voltage ...

Digital-assets specialist Grayscale halted inflows to its flagship institutional investment product on Wednesday as its value relative to Bitcoin tanked, according to multiple reports. The Grayscale ...