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Trusting Individuals versus Trusting Institutions: Generalizing the Case of Contract

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Authors

Goodin, Robert

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Sage Publications Inc

Abstract

Hume is right: assuming the good will be good regardless, 'institutions designed for knaves' will unambiguously increase contract compliance. But what if the establishment of public enforcement institutions undermines private virtue? Using a deliberately

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Rationality and Society

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2037-12-31