Economist Richard Thaler of the University of Chicago notes that most economists consider arbitrage to be one

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Economist Richard Thaler of the University of Chicago notes that most economists consider arbitrage to be one way "that markets can do their magic." Briefly explain the role arbitrage can play in helping markets to work.

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 07:23 AM

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Economist Richard Thaler of the University of Chicago notes that most economists consider arbitrage to be one

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When a good sells in one market for a higher price than it ...View the full answer

Economics

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