Law of one price. April, 2023. Page Version ID: 1152219421
Law of one price [link]Paper  abstract   bibtex   
The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold in different locations must sell for the same price when prices are expressed in a common currency. This law is derived from the assumption of the inevitable elimination of all arbitrage.
@misc{noauthor_law_2023,
	title = {Law of one price},
	copyright = {Creative Commons Attribution-ShareAlike License},
	url = {https://en.wikipedia.org/w/index.php?title=Law_of_one_price&oldid=1152219421},
	abstract = {The law of one price (LOOP) states that in the absence of trade frictions (such as transport costs and tariffs), and under conditions of free competition and price flexibility (where no individual sellers or buyers have power to manipulate prices and prices can freely adjust), identical goods sold in different locations must sell for the same price when prices are expressed in a common currency. This law is derived from the assumption of the inevitable elimination of all arbitrage.},
	language = {en},
	urldate = {2024-01-11},
	journal = {Wikipedia},
	month = apr,
	year = {2023},
	note = {Page Version ID: 1152219421},
}

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