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What was Vernon L. Smith's original major before switching to Economics?

  • History

  • Physics

  • Biology

  • Mathematics

Answer

Originally a physics major, Vernon L. Smith developed a fascination for economics while taking an undergraduate course with renowned economist George Stigler. Smith's background in physics influenced his economic thinking, leading him to apply mathematical models and analytical frameworks to economic phenomena. This interdisciplinary approach characterized his research throughout his career and contributed to his pioneering work in experimental economics.
The Path to Economic Insight: Unraveling the Legacy of Vernon L. Smith

The Path to Economic Insight: Unraveling the Legacy of Vernon L. Smith

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