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A Theory of Trustees, and Other Thoughts

Eric Bennett Rasmusen, Kelley School of Business, Indiana University

Abstract

This paper combined a brief description of my work on negotiation with comments on other papers presented on central banking and a new paradigm for thinking of judges and central bankers as trustees working on behalf of beneficiaries as directed by settlors. It has my 4 P's Theory of motivation: Place, Pride, Policy, and Power. Available, including a post-publication postscript adding Principle

Suggested Citation

Eric Bennett Rasmusen. "A Theory of Trustees, and Other Thoughts" Public Debt and its Finance in a Model of a Macroeconomic Policy Game: Papers Presented at a Workshop held in Antalya, Turkey on October 10- 11, 1997 1 (1997).
Available at: http://works.bepress.com/rasmusen/59