In which year was Vernon L. Smith born?
1930
1941
1927
1935
Answer
Born in 1927, Vernon L. Smith is an American economist known for his contributions to experimental economics, which involves using laboratory experiments to study economic phenomena. He shared the 2002 Nobel Memorial Prize in Economic Sciences with Daniel Kahneman for their work in incorporating insights from psychology into economic analysis, particularly regarding uncertainty and judgment in economic decision-making.
The Path to Economic Insight: Unraveling the Legacy of Vernon L. Smith
More Questions
What university is Vernon L. Smith a professor at?
Vernon L. Smith shared the Nobel Prize with which other economist?
Vernon L. Smith is known for his work in which subfield of economics?
Vernon L. Smith pioneered the use of what in economic research?
Which market mechanisms did Smith use laboratory experiments to study?
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