Liquidity risk and arbitrage pricing theory

• 1 October 2008
• book chapter
• Published by World Scientific Pub Co Pte Ltd
• p. 153-183
• https://doi.org/10.1142/9789812819222_0008

Abstract

Keywords

• STOCHASTIC
• TRANSACTION COSTS
• STOCKS
• FINANCING
• MARKETS ASSUME
• FINANCIAL MARKETS
• INFINITELY LIQUID
• TRADERS
• CLASSICAL THEORIES