Vernon Smith: economics as a laboratory science Academic Article

abstract

• 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, including recent forays into "neuroeconomics". The impact of his work on economic thinking and economic theory is substantial. 2004 Elsevier Inc. All rights reserved.

authors

• Eckel, Catherine

published proceedings

• Journal of Behavioral and Experimental Economics

author list (cited authors)

• Eckel, C. C.

citation count

• 2

complete list of authors

• Eckel, Catherine C

publication date

• March 2004

publisher

• Elsevier  Publisher

published in

• Journal of Behavioral and Experimental Economics  Journal

keywords

• Basic Behavioral And Social Science
• Behavioral And Social Science

Digital Object Identifier (DOI)

• 10.1016/j.socec.2003.12.007

start page

• 15

end page

• 28

volume

• 33

issue

• 1

URL

• http%3A%2F%2Fdx.doi.org%2F10.1016%2Fj.socec.2003.12.007