2002 Nobel Prize winner in Economic Sciences


Vernon L. Smith - Wikipedia, the free encyclopedia
"Vernon Lomax Smith (born January 1, 1927 in Wichita, Kansas) is professor of economics and law at George Mason University and the George Mason University School of Law, a research scholar in the Interdisciplinary Center for Economic Science, and a Fellow of the Mercatus Center all in Arlington, Virginia. ..."


TheAdvocates.org - Vernon Smith
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1 Jan 1927, Vernon Lomax Smith, in Wichita, Kansas


Vernon L. Smith

Awards Received

2002 Nobel Prize in Economic Sciences, granted by The Royal Swedish Academy of Sciences, Nobel Memorial Prize in Economic Sciences
Includes prize lecture, banquet speech and video interview


Professor of Economics and Law, George Mason University
Guest lecturer, Institute for Humane Studies
Research Fellow, Independent Institute
Member, Mont Pelerin Society
Trustee Emeritus, Reason Foundation
Board of Scholars, Virginia Institute for Public Policy

Web Pages

Vernon Smith - Libertarian
Advocates for Self-Government


Vernon L. Smith at IDEAS
RePEc (Research Papers in Economics)


Free markets king in Sweden, at least for a day: Ten minutes with .... Donald Boudreaux, by Donald J. Boudreaux, Bill Steigerwald, 18 Dec 2002
Comments on Vernon Smith's Nobel Prize
"Q: For all the lay people out there, can you give me a description of Smith's 'experimental economics.' What kind of thing does he do?
A: He's the founder. He ran his first experiments 50 years ago. ... He creates these very creative experiments that are designed to test the assumptions and the conclusions of economics. What he's found is that markets are even more robust and adept at giving consumers value than even free-market textbooks portrayed."
Related Topic: Nobel Prize