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Vernon Smith's Insomnia and the Dawn of Economics as Experimental Science

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Author Info
Ted Bergstrom (University of California, Santa Barbara)

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Abstract

This discussion of Vernon Smith's body of work in experimental economics was written for the Scandinavian Journal of Economics in commemoration of Vernon's Nobel Prize. It will appear in Spring 2003.

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File URL: http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1105&context=ucsbecon
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Paper provided by Department of Economics, UC Santa Barbara in its series University of California at Santa Barbara, Economics Working Paper Series with number 2003A.

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Date of creation: 01 Dec 2002
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Handle: RePEc:cdl:ucsbec:2003a

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Keywords: experimental economics Vernon Smith

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  1. Groves, Theodore & Ledyard, John O, 1977. "Optimal Allocation of Public Goods: A Solution to the "Free Rider" Problem," Econometrica, Econometric Society, vol. 45(4), pages 783-809, May. [Downloadable!] (restricted)
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  2. Bergstrom, Theodore & Simon, Carl P. & Titus, Charles J., 1983. "Counting Groves-Ledyard equilibria via degree theory," Journal of Mathematical Economics, Elsevier, vol. 12(2), pages 167-184, October. [Downloadable!] (restricted)
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  3. Isaac, R Mark & Plott, Charles R, 1981. "Price Controls and the Behavior of Auction Markets: An Experimental Examination," American Economic Review, American Economic Association, vol. 71(3), pages 448-59, June.
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  4. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July. [Downloadable!] (restricted)
  5. Miller, Ross M & Plott, Charles R & Smith, Vernon L, 1977. "Intertemporal Competitive Equilibrium: An Empirical Study of Speculation," The Quarterly Journal of Economics, MIT Press, vol. 91(4), pages 599-624, November. [Downloadable!] (restricted)
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  6. Smith, Vernon L & Williams, Arlington W, 1981. "On Nonbinding Price Controls in a Competitive Market," American Economic Review, American Economic Association, vol. 71(3), pages 467-74, June. [Downloadable!] (restricted)
  7. Cox, James C & Smith, Vernon L & Walker, James M, 1988. " Theory and Individual Behavior of First-Price Auctions," Journal of Risk and Uncertainty, Springer, vol. 1(1), pages 61-99, March.
  8. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-55, December. [Downloadable!] (restricted)
  9. Paul Klemperer, 2002. "What Really Matters in Auction Design," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 169-189, Winter. [Downloadable!] (restricted)
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  10. Vernon L. Smith, 1965. "Experimental Auction Markets and the Walrasian Hypothesis," Journal of Political Economy, University of Chicago Press, vol. 73, pages 387. [Downloadable!] (restricted)
  11. Cox, James C & Smith, Vernon L & Walker, James M, 1984. " Theory and Behavior of Multiple Unit Discriminative Auctions," Journal of Finance, American Finance Association, vol. 39(4), pages 983-1010, September. [Downloadable!] (restricted)
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