@unpublished{publication-5668, author={Hens, Thorsten and Herings, Jean-Jacques and Predtetchinskii, Arkadi}, institution={University of Zurich}, issn={1424-0459}, number={No. 176}, series={Working paper series / Institute for Empirical Research in Economics}, title={Limits to Arbitrage when Market Participation Is Restricted}, year=2003, }