A Theory of Trustees, and Other Thoughts

Independent central bankers and judges can both be more usefully viewed as trustees than as agents. A trust is a legal institution with rules set up by a settlor, administered by a trustee on behalf of beneficiaries. Public trustees often are motivated more by Pride, Policy, Place, and Power than by money, and economists should take this into account

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Year of publication:	1998
Authors:	Rasmusen, Eric Bennett
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Ökonomische Ideengeschichte \| History of economic thought \| Wirtschaftswissenschaft \| Economics \| Treuhänder \| Fiduciary

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Extent:	1 Online-Ressource (14 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 12, 1997 erstellt
Other identifiers:	10.2139/ssrn.84388 [DOI]
Classification:	D2 - Production and Organizations ; E5 - Monetary Policy, Central Banking and the Supply of Money and Credit ; G2 - Financial Institutions and Services ; H3 - Fiscal Policies and Behavior of Economic Agents ; K4 - Legal Procedure, the Legal System, and Illegal Behavior ; L2 - Firm Objectives, Organization, and Behavior
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014061470