Skip to content
Portrait of Vernon L. Smith

Vernon L. Smith

(1927) Economist

11 quotes in 107 categories

Vernon L. Smith is an economist, best known for Rationality in economics.

Quick Facts About Vernon L. Smith

Born
January 1, 1927
Profession
Economist
Notable works
Rationality in economics

About Vernon L. Smith

Vernon Lomax Smith is an American economist who is currently a professor of economics and law at Chapman University. He was formerly the McLellan/Regent's Professor of Economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center. Along with Daniel Kahneman, Smith won the 2002 Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and his work in the field of experimental economics, which helped establish "laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms."

Biography source: Wikipedia

Quotes by Vernon L. Smith