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Business: Finance Area
Paper co-authored by finance professor wins Deutsche Bank Award
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A team of three authors, including Laurier Assistant Finance Professor Si Li, has won a 2010 Deutsche Bank Best Paper Award for an article published in the journal Review of Finance.
Authors Li, Alon Brav, a finance professor at Duke University, and J.B. Heaton, a partner at Bartlit Beck Herman Palenchar & Scott LLP, shared second place for their paper The Limits of the Limits of Arbitrage.
“When the journal informed us of the Best Paper Award, I was thrilled to learn we had received such an honour. More importantly, I am glad to see that our research has been well recognized by the finance research community,” said Si.
The Deutsche Bank Prize in Financial Economics – Review of Finance Best Paper is awarded for the best paper published in the journal within the previous four issues. The journal’s associate editors, co-editors, and advisory board choose the winning papers.
In The Limits of the Limits of Arbitrage, Si and her colleagues argue that arbitrage – the practice that takes advantage of a price difference between two markets – cannot explain market anomalies in all situations.
The Deutsche Bank journal awards were handed out earlier this year at the 2010 European Finance Association’s annual meeting in Frankfurt, Germany.
For more information, please visit: http://www.oxfordjournals.org/our_journals/rof/deutschebank.html