Examlex
Select the correct word(s) for the blank in the following sentence.
I couldn′t tell who was ______, my husband or the waiter.
Limits To Arbitrage
Restrictions or impediments that prevent traders from taking advantage of discrepancies in prices between or within markets to make risk-free profits.
Representativeness Heuristic
The reliance on stereotypes, analogies, or limited samples to form opinions about an entire class.
House Money
A term from Behavioral Finance referring to the tendency of individuals to take greater risks when trading with profits from prior trades, viewing it as "play money."
Arbitrage Reaction
The immediate activity performed by arbitrageurs to exploit price differences between markets or securities for profit.
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