Sharpe, William, 1964, Capital asset prices: A theory of market equilibrium under
conditions of risk, Journal of Finance19, 425–42.
Sharpe, William, and Gordon Alexander, 1990, Investments, 4th edition, Prentice
Hall.
Shleifer, Andrei, and Robert Vishny, 1990, Equilibrium short horizons of investors
and firms, American Economic Review Papers and Proceedings80, 148–53.
———, 1992, Liquidation values and debt capacity: A market equilibrium ap-
proach, Journal of Finance47, 1343–66.
Stein, Jeremy, 1995, Prices and trading volume in the housing market: A model with
downpayment effects, Quarterly Journal of Economics, 110, 379–406.
Warther, Vincent, 1995, Aggregate mutual fund flows and security returns, Journal
of Financial Economics39, 209–36.
THE LIMITS OF ARBITRAGE 101