Bernhardt is with the Department of Economics, University of Illinois at Urbana-Champaign. Nosal is with the Federal Reserve Bank of Cleveland. The authors are grateful to the SSHRC for financial support. Much of the initial work was done when Nosal was visiting the Department of Economics at the National University of Singapore and when Bernhardt was at Queen's University in Canada. We both appreciate the research environments provided. We thank a referee, the editor, Ron Giammarino, Burton Hollifield, Charlie Kahn, and Steeve Mongrain for helpful comments. All errors are ours. The views expressed here do not necessarily represent the views of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System.
Version of Record online: 27 NOV 2005
© 2004 the American Finance Association
The Journal of Finance
Volume 59, Issue 6, pages 2655–2684, December 2004
How to Cite
BERNHARDT, D. and NOSAL, E. (2004), Near-sighted Justice. The Journal of Finance, 59: 2655–2684. doi: 10.1111/j.1540-6261.2004.00712.x
- Issue online: 27 NOV 2005
- Version of Record online: 27 NOV 2005
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