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 ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...

In the 1960s, Jack Treynor, William F. Sharpe, John Lintner, and Jan Mossin developed the capital asset pricing model (CAPM) to determine the theoretical appropriate rate that an asset should return ...

Recent empirical studies on the arbitrage pricing theory (APT) have focused on the factor identification problem for securities returns. Using simulated returns generated under violations of the ...

This course explores financial markets, derivative securities, risk management, mathematical models in finance; foreign exchange, debt equity, commodity markets ...

As the labor arbitrage services model matured, the use of digital technologies and models five years ago had a significant impact on services delivered from third-party providers or offshore captives ...