Papers in Experimental Economics
By (author) Vernon L. Smith
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Papers in Experimental Economics by Vernon L. Smith
Book DescriptionProfessor Vernon L. Smith is a major creator of the new discipline of experimental economics. This collection of his papers from 1962 to 1990 surveys key developments in the field from early attempts to study economic behaviour in now classic double oral auction markets through recent studies of industrial organization and decision making. Topics covered include monopoly and oligopoly, supply and demand theory under posted pricing, uniform pricing, double continuous auction, and sealed bid-offer auctions; hypothetical valuation and market pricing; asset price bubbles; predatory pricing; market contestability and natural monopoly; and the methodology of experimental economics. Taken together, the papers form a history of the study of economics under controlled conditions.
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Book DetailsISBN: 9780521024655
(234mm x 156mm x 42mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 16-Mar-2006
Country of Publication: United Kingdom
Books By Author Vernon L. Smith
Rethinking Housing Bubbles, Hardback (May 2014)
Steven D. Gjerstad and Nobel Laureate Vernon L. Smith demonstrate the critical role that household and bank balance sheets play in economic cycles.
Rationality in Economics, Paperback (October 2009)
This book explores constructivist and ecological approaches to rationality in economics.
Handbook of Experimental Economics Results, Hardback (January 2008)» View all books by Vernon L. Smith
Experimental methods in economics respond to circumstances that are not completely dictated by accepted theory or outstanding problems. This book reflects the spirit of adventure that experimentalists share and focuses on experiments in general rather than forcing an organization into traditional categories that do not fit.
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