search query: @indexterm ARBITRAGE / total: 72
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| Author: | Haskel, J. Wolf, H. |
| Title: | The law of one price - a case study |
| Journal: | Scandinavian Journal of Economics
2001 : VOL. 103:4, p. 545-558 |
| Index terms: | ARBITRAGE EXCHANGE RATES PRICES |
| Language: | eng |
| Abstract: | The authors use retail transaction prices for a multinational retailer to examine the extent and permanence of violations of the law of one price. For identical products, they find typical deviations of 20-50 percent, with some evidence for convergence over time. Such differences might be due to differences in local costs. |
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