Results 171 to 180 of about 25,210 (224)
Vernon Smith: economics as a laboratory science
The Journal of Socio-Economics, 2004 Vernon Smith shared the Nobel Prize in 2002 with Daniel Kahneman. This article surveys Smith’s contributions to economics. His early efforts led to greater understanding of markets and market institutions, which developed into important contributions to the design of new markets. Subsequent research focused on the complexity of behavior in simple games,
Catherine C. Eckel
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The Foundations of Experimental Economics and Applications to Behavioral Finance: The Contributions of Nobel Laureate Vernon Smith [PDF]
Journal of Behavioral Finance, 2003 (2003). The Foundations of Experimental Economics and Applications to Behavioral Finance: The Contributions of Nobel Laureate Vernon Smith. Journal of Behavioral Finance: Vol. 4, No. 1, pp. 3-6.
Gunduz Caginalp +2 more
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Vernon Smith Meets Messi in the Laboratory
, 2014 This chapter focuses on zero-sum experimental games where players are predicted to choose probability mixtures. Whereas perfectively competitive games do not represent the entire universe of strategic games involving mixed strategies, they are considered a “vital cornerstone”and can be regarded as the branch of game theory with the most solid ...
Ignacio Palacios‐Huerta
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Comment on Vernon Smith “Theory and experiment: What are the questions?”
Journal of Economic Behavior & Organization, 2010 David M. Grether
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THE 2002 NOBEL MEMORIAL LAUREATES DANIEL KAHNEMAN AND VERNON SMITH
, 2005 Howard R. Vane, Chris Mulhearn
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The energy behind Vernon Smith's experimental economics
Cambridge Journal of Economics, 2007This paper begins with the interplay of the induced value theory and the Hayek hypothesis, and subsequently suggests that we need to understand Vernon Smith's experimental method as not simply empirical, but encompassing a commitment to a special version of neoclassical demand theory.
Kyu Sang Lee, Philip Mirowski
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