A Life of Experimental Economics, Volume II : The Next Fifty Years. Smith<|

Springer International Publishing AG

A Life of Experimental Economics, Volume IIThe Next Fifty Years\nAuthor(s): Vernon L. Smith\nFormat: Paperback\nPublisher: Springer International Publishing AG, Switzerland\nImprint: Palgrave Macmillan\nISBN-13: 9783319984247, 978-3319984247\nSynopsis\nThis sequel toA Life of Experimental Economics, Volume I,continues the intimate history of Vernon Smiths personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University.\n\nAt Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand experiments in natural gas pipeline, communicatio.