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
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.
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.
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.
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.
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Preferences, Property Rights, and Anonymity in Bargaining Games
Elizabeth Hoffman;Kevin McCabe;Keith Shachat;Vernon Smith.
Games and Economic Behavior (1994)
Preferences, Property Rights, and Anonymity in Bargaining Games
Elizabeth Hoffman;Kevin A. McCabe;Keith Shachat;Vernon L. Smith.
Games and Economic Behavior (1994)
Social Distance and Other-Regarding Behavior in Dictator Games: Reply
Elizabeth Hoffman;Kevin McCabe;Vernon L. Smith.
The American Economic Review (1999)
BUBBLES, CRASHES, AND ENDOGENOUS EXPECTATIONS IN EXPERIMENTAL SPOT ASSET MARKETS1
Vernon L. Smith;L Gerry;Arlington W. Williams.
Econometrica (1988)
Papers in Experimental Economics: Microeconomic Systems as an Experimental Science
Vernon L. Smith.
The American Economic Review (1991)
Experimental Economics: Induced Value Theory
Vernon L. Smith.
The American Economic Review (1991)
An Experimental Study of Competitive Market Behavior
Vernon L. Smith.
Journal of Political Economy (1962)
A Functional Imaging Study of Cooperation in Two-Person reciprocal Exchange
Kevin McCabe;Daniel Houser;Lee Ryan;Vernon Smith.
Research Papers in Economics (2001)
Constructivist and Ecological Rationality in Economics
Vernon L. Smith.
The American Economic Review (2003)
A Combinatorial Auction Mechanism for Airport Time Slot Allocation
Stephen J. Rassenti;Vernon L. Smith;Robert L. Bulfin.
The Bell Journal of Economics (1982)
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