@booklet {yaari-acmaldh2001,
	title = {A Credit Market a La David Hume},
	howpublished = {Discussion Papers},
	year = {2001},
	month = {6},
	abstract = {In Book III of his Treatise of Human Nature, David Hume considers the following simple interaction: "I suppose a person to have lent me a sum of money, on condition that it be restor{\textquoteright}d in a few days, and also suppose, that after the expiration of the term agreed on, he demands the sum" and Hume asks: "What reason or motive have I to restore the money?" [1740, p. 479] The answer, he concludes, must be "that the sense of justice and injustice [which is the motive for repaying the loan] is not deriv{\textquoteright}d from nature, but arises artificially, tho{\textquoteright} necessarily, from education and human conventions." [p. 483] It is my purpose in this essay to offer formal (and modern) underpinnings for Hume{\textquoteright}s argument. I shall do so in the context of Hume{\textquoteright}s own example, cited above, where the interaction being considered is one between lender and borrower.},
	url = {/files/dp244.pdf},
	author = {Menahem E. Yaari}
}
