Nobel Foundation: Prize in Economic Sciences, 2002
Includes Vernon L. Smith's prize lecture, banquet speech, interview, diploma, and prize award photo. He received the award "for having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms."
Article from the Wikipedia open encyclopedia project.
Power to the People
Article by Smith about the U.S. electric power industry describes perils of limiting competition and distorting marketing incentives. Published in the Wall Street Journal. (October 16, 2002)
Last update:July 31, 2014 at 9:05:10 UTC