@article{davilagravesparlatore2024arbitrage,
  title={The Value of Arbitrage},
  author={D{\'a}vila, Eduardo and Graves, Daniel and Parlatore, Cecilia},
  journal                  = {Journal of Political Economy},
  year                     = {2024},
  month                    = {June},
  number                   = {6},
  pages                    = {1947--1993},
  volume                   = {132},
}