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Rediscovering Classical Economics in the Laboratory

In: Economics of Markets

Author

Listed:
  • Sabiou M. Inoua

    (Chapman University)

  • Vernon L. Smith

    (Chapman University)

Abstract

In this chapter, we turn to a reexamination of the early experiments that “rediscovered” classical economics, since it is part of the impetus motivating us to formally model the classical market price formation process. Then we will resume our presentation on classical theory in Chapter 4 .

Suggested Citation

  • Sabiou M. Inoua & Vernon L. Smith, 2022. "Rediscovering Classical Economics in the Laboratory," Springer Books, in: Economics of Markets, chapter 0, pages 21-38, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-08428-7_3
    DOI: 10.1007/978-3-031-08428-7_3
    as

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