Origins of arbitrage
Bibliographic Data
| ID | 21604961 |
|---|---|
| Authors | Geoffrey Poitras (0000-0003-0479-5130, Simon Fraser University, corresponding author) |
| Year | 2021 |
| Volume | 28 |
| Issue | 1 |
| Pages | 96-123 |
| Publication date | 2021-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Financial History Review (JOURNAL) |
| Journal identifiers | ISSN: 0968-5650 • E-ISSN: 1474-0052 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0968565021000020 |
| OpenAlex | W3163905903 |
| Language | EN |
| Citations received | 1 |
| References cited | 49 |
Following a review of the etymology and modern usage of the term ‘arbitrage’, this article explores the relevance of historical context to possible instances of ancient arbitrage activity. Types of possible ‘arbitrage’ associated with the use of overvalued coinage in regions of Greek influence are considered. Comparison with Roman civilization reveals the relevance of social attitudes and legal institutions to the ability to execute arbitrage trades. Specific attention is given to the possibility of arbitrage across the Roman frontier to India and the impact of debasements during the imperial period. Recognizing that sources prior to early modern times are scant, numismatic, epigraphic and literary evidence that is available to make inferences about ancient arbitrage activity is assessed
Arbitrage · Arbitrage pricing theory · Archaeology · Civilization · Economics · Financial economics · Fixed income arbitrage · Political science · Risk arbitrage · Statistical arbitrage · Classical Antiquity Studies · Historical Economic and Legal Thought · History · Islamic Finance and Banking Studies · Law
The natural history of Pliny
Choosing and Changing Monetary Standards in the Greek World during the Archaic and the Classical Periods
Banking and business in the Roman world
The Periplus Maris Erythraei
The Supply and Use of Money in the Roman World 200 B.C. to A.D. 300
The Spread of Coins in the Hellenistic World
The Emergence and Spread of Coins in Ancient India
Coin Quality, Coin Quantity, and Coin Value in Early China and the Roman World
The Periplus of the Erythraean Sea
Modernism, economics, and the ancient economy
Conjunctures and Conjectures
A Revisionist View of Roman Money
The Reminting of Athenian Silver Coinage, 353 B.C
Gold-Point Arbitrage and Uncovered Interest Arbitrage under the 1925-1931 Dollar-Sterling Gold Standard
Alexanders and Stephanephoroi at Delphi
Athenian Economy and Society
Mining money in Late Archaic Athens
The private banks in fourth-century b.c. Athens
The Roman Monetary System
An Athenian Law on Silver Coinage
State and Coinage in the Late Republic and Early Empire
Trade in the Ancient Mediterranean
The Making of the Ancient Greek Economy
Money and Exchange in the Roman World
Arbitrage, China, and World Trade in the Early Modern Period
Early Indian Mints
Ancient Assur
The Chronology of Roman Trade in the Indian Ocean from Augustus to Early Third Century ce
Nabataea, India, Gaul, and Carthage
Competing Bimetallic Ratios
The Origin of Electrum Coinage
The Dates of the Earliest Coins
Dating the Earliest Coins of Athens, Corinth and Aegina
Bimetallism Revisited
Price formation on clandestine markets
Gold, Silver, and the Glorious Revolution
Between arbitrage and speculation
| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |