Results show that the existence of risk for rational arbitragers and the investors' psychology overconfidence could limit the rational arbitrageur's behavior. 模型的分析结果表明，投资者的过度自信会限制套利者的套利行为。
arbitrageur英英释义
Noun:
someone who engages in arbitrage (who purchases securities in one market for immediate resale in another in the hope of profiting from the price differential)
