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

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Author Info
Theodore C. Bergstrom (UCSB)

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Abstract

This is a commentary on Vernon Smith's contributions to experimental economics

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File URL: http://129.3.20.41/eps/mic/papers/0212/0212001.pdf
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Paper provided by EconWPA in its series Microeconomics with number 0212001.

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Date of creation: 28 Dec 2002
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Handle: RePEc:wpa:wuwpmi:0212001

Note: Type of Document - pdf; prepared on TeX; to print on HP ;
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Web page: http://129.3.20.41

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Related research
Keywords: experimental economics; auctions; public goods; markets; Vernon Smith; ultimatum game; dictator games;

Other versions of this item:

Find related papers by JEL classification:
C9 - Mathematical and Quantitative Methods - - Design of Experiments
H4 - Public Economics - - Publicly Provided Goods
B4 - Schools of Economic Thought and Methodology - - Economic Methodology
D4 - Microeconomics - - Market Structure and Pricing

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  1. Hoffman Elizabeth & McCabe Kevin & Shachat Keith & Smith Vernon, 1994. "Preferences, Property Rights, and Anonymity in Bargaining Games," Games and Economic Behavior, Elsevier, vol. 7(3), pages 346-380, November. [Downloadable!] (restricted)
  2. 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)
    Other versions:
  3. 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)
    Other versions:
  4. Hoffman, Elizabeth & McCabe, Kevin A & Smith, Vernon L, 1996. "On Expectations and the Monetary Stakes in Ultimatum Games," International Journal of Game Theory, Springer, vol. 25(3), pages 289-301.
  5. 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.
    Other versions:
  6. Groves, Theodore, 1973. "Incentives in Teams," Econometrica, Econometric Society, vol. 41(4), pages 617-31, July. [Downloadable!] (restricted)
  7. 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)
    Other versions:
  8. 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)
  9. 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.
  10. 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)
  11. 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)
    Other versions:
  12. 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)
  13. Banks, Jeffrey S & Plott, Charles R & Porter, David P, 1988. "An Experimental Analysis of Unanimity in Public Goods Provision Mechanisms," Review of Economic Studies, Blackwell Publishing, vol. 55(2), pages 301-22, April. [Downloadable!] (restricted)
  14. 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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This page was last updated on 2009-10-29.


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