Vernon L. Smith

E579975

Vernon L. Smith is an American economist and Nobel laureate renowned for pioneering experimental economics and advancing the understanding of market behavior through laboratory experiments.

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Vernon L. Smith canonical 1

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Predicate Object
instanceOf economist
human
academicDegree B.S. in Electrical Engineering
M.A. in Economics
Ph.D. in Economics
awardReceived Adam Smith Award NERFINISHED
Distinguished Fellow of the American Economic Association NERFINISHED
Nobel Memorial Prize in Economic Sciences NERFINISHED
birthName Vernon Lomax Smith NERFINISHED
citizenship American
countryOfCitizenship United States of America
dateOfBirth 1927-01-01
educatedAt California Institute of Technology
Harvard University
University of Kansas NERFINISHED
employer Brown University NERFINISHED
Chapman University NERFINISHED
George Mason University NERFINISHED
Purdue University NERFINISHED
University of Arizona NERFINISHED
University of California, Santa Barbara NERFINISHED
University of Massachusetts NERFINISHED
familyName Smith
fieldOfWork economics
experimental economics
microeconomics
gender male
givenName Vernon NERFINISHED
influenced field of experimental economics
influencedBy Adam Smith NERFINISHED
Friedrich Hayek NERFINISHED
knownFor double auction experiments
laboratory experiments on market behavior
pioneering experimental economics
research on market mechanisms
languageOfWorkOrName English
memberOf American Economic Association NERFINISHED
Mont Pelerin Society NERFINISHED
National Academy of Sciences
surface form: National Academy of Sciences of the United States of America
NobelPrizeCategory Economic Sciences NERFINISHED
NobelPrizeMotivation for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms
NobelPrizeYear 2002
notableIdea experimental tests of market equilibrium theory
use of controlled laboratory experiments to study markets
placeOfBirth Wichita, Kansas, United States NERFINISHED
positionHeld Professor of Economics
Professor of Law and Economics
Research Scholar

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