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Indiana University Bloomington

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Explore Business Horizons, the Kelley School's
bimonthly journal publishing original articles of interest to business academicians and practitioners. Marc J. Dollinger, professor of business administration, serves as editor-in-chief.

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Judicial Legitimacy: An Interpretation as a Repeated Game

1994, The Journal of Law

Eric Bennett Rasmusen

Abstract

If society wishes to maintain an independent judiciary, it faces the problem of how to restrain judges from indulging their personal whims. One restraint is the desire of judges to influence future judges. To do so, they may have to maintain their own or the system's legitimacy by restraining their own behavior. This situation is usefully viewed as an equilibrium of an infinitely repeated game.

Citation

Rasmusen, Eric Bennett (1994), "Judicial Legitimacy: An Interpretation as a Repeated Game," The Journal of Law, Economics, and Organization, Vol. 10, April, 63-83. (105).