D-Index & Metrics Best Publications
Economics and Finance
USA
2023

D-Index & Metrics D-index (Discipline H-index) only includes papers and citation values for an examined discipline in contrast to General H-index which accounts for publications across all disciplines.

Discipline name D-index D-index (Discipline H-index) only includes papers and citation values for an examined discipline in contrast to General H-index which accounts for publications across all disciplines. Citations Publications World Ranking National Ranking
Economics and Finance D-index 103 Citations 46,484 492 World Ranking 46 National Ranking 38

Research.com Recognitions

Awards & Achievements

2023 - Research.com Economics and Finance in United States Leader Award

2002 - Nobel Prize for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms

2002 - Nobel Memorial Prize laureates in Economics for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms

1995 - Member of the National Academy of Sciences

1992 - Distinguished Fellow of the American Economic Association

1991 - Fellow of the American Academy of Arts and Sciences

1990 - Fellow of the American Association for the Advancement of Science (AAAS)

1987 - Fellows of the Econometric Society

Overview

What is he best known for?

The fields of study he is best known for:

  • Law
  • World War II
  • Microeconomics

Vernon L. Smith mostly deals with Microeconomics, Experimental economics, Positive economics, Social psychology and Mathematical economics. Vernon L. Smith combines topics linked to Variance with his work on Microeconomics. His work deals with themes such as Public economics, Managerial economics, Endowment effect, Price auction and Neoclassical economics, which intersect with Experimental economics.

His Positive economics research incorporates themes from Law, Social exchange theory, Ecological rationality and Extended order. The various areas that Vernon L. Smith examines in his Social psychology study include Strong reciprocity and Dictator. His studies deal with areas such as Simple, Casual and Foundation as well as Mathematical economics.

His most cited work include:

  • Preferences, Property Rights, and Anonymity in Bargaining Games (1277 citations)
  • Papers in Experimental Economics: Microeconomic Systems as an Experimental Science (1270 citations)
  • Social Distance and Other-Regarding Behavior in Dictator Games: Reply (1131 citations)

What are the main themes of his work throughout his whole career to date?

Vernon L. Smith mainly focuses on Microeconomics, Experimental economics, Mathematical economics, Positive economics and Common value auction. Microeconomics is represented through his Bidding, Double auction, Revenue equivalence, Supply and demand and Competitive equilibrium research. His research in Experimental economics intersects with topics in Public economics, Behavioral economics and Neoclassical economics.

Game theory is the focus of his Mathematical economics research.

He most often published in these fields:

  • Microeconomics (23.61%)
  • Experimental economics (16.84%)
  • Mathematical economics (9.03%)

What were the highlights of his more recent work (between 2013-2021)?

  • Experimental economics (16.84%)
  • Adam smith (3.13%)
  • Action (3.65%)

In recent papers he was focusing on the following fields of study:

His main research concerns Experimental economics, Adam smith, Action, Great recession and Positive economics. His Experimental economics research incorporates elements of History of economic thought, Neoclassical economics, Ultimatum game, Common value auction and Medical physics. Vernon L. Smith interconnects Asset and Complete information in the investigation of issues within Ultimatum game.

His Action research integrates issues from Outcome, Gratitude and Resentment. His studies deal with areas such as Relation, Empirical research and Social ethic as well as Positive economics. His study brings together the fields of Microeconomics and Value.

Between 2013 and 2021, his most popular works were:

  • Experimental Development of Sealed-Bid Auction Theory; Calibrating Controls for Risk Aversion (95 citations)
  • Production and Investment in Natural Resource Industries (69 citations)
  • Experimental Economics: Reply (56 citations)

In his most recent research, the most cited papers focused on:

  • Law
  • World War II
  • Finance

His primary areas of investigation include Experimental economics, Adam smith, Positive economics, Action and Neoclassical economics. Vernon L. Smith has included themes like Property, Scientific method, Medical physics and Skepticism in his Experimental economics study. His work on Applied economics as part of general Positive economics study is frequently connected to Credit default swap, therefore bridging the gap between diverse disciplines of science and establishing a new relationship between them.

He has researched Neoclassical economics in several fields, including Socialist mode of production, Indeterminacy and Tribute. As a part of the same scientific study, Vernon L. Smith usually deals with the Ultimatum game, concentrating on Yield and frequently concerns with Microeconomics. He is studying Search game, which is a component of Microeconomics.

This overview was generated by a machine learning system which analysed the scientist’s body of work. If you have any feedback, you can contact us here.

Best Publications

Preferences, Property Rights, and Anonymity in Bargaining Games

Elizabeth Hoffman;Kevin McCabe;Keith Shachat;Vernon Smith.
Games and Economic Behavior (1994)

2306 Citations

Preferences, Property Rights, and Anonymity in Bargaining Games

Elizabeth Hoffman;Kevin A. McCabe;Keith Shachat;Vernon L. Smith.
Games and Economic Behavior (1994)

2193 Citations

Social Distance and Other-Regarding Behavior in Dictator Games: Reply

Elizabeth Hoffman;Kevin McCabe;Vernon L. Smith.
The American Economic Review (1999)

2064 Citations

BUBBLES, CRASHES, AND ENDOGENOUS EXPECTATIONS IN EXPERIMENTAL SPOT ASSET MARKETS1

Vernon L. Smith;L Gerry;Arlington W. Williams.
Econometrica (1988)

1925 Citations

Papers in Experimental Economics: Microeconomic Systems as an Experimental Science

Vernon L. Smith.
The American Economic Review (1991)

1854 Citations

Experimental Economics: Induced Value Theory

Vernon L. Smith.
The American Economic Review (1991)

1847 Citations

An Experimental Study of Competitive Market Behavior

Vernon L. Smith.
Journal of Political Economy (1962)

1692 Citations

A Functional Imaging Study of Cooperation in Two-Person reciprocal Exchange

Kevin McCabe;Daniel Houser;Lee Ryan;Vernon Smith.
Research Papers in Economics (2001)

1251 Citations

Constructivist and Ecological Rationality in Economics

Vernon L. Smith.
The American Economic Review (2003)

1182 Citations

A Combinatorial Auction Mechanism for Airport Time Slot Allocation

Stephen J. Rassenti;Vernon L. Smith;Robert L. Bulfin.
The Bell Journal of Economics (1982)

991 Citations

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