Information AboutVernon Smith |
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Vernon Lomax Smith (born January 1 , 1927 in Wichita, Kansas ) is professor of Economics and Law at George Mason University and the George Mason University School Of Law , a research scholar in the Interdisciplinary Center For Economic Science , and a Fellow of the Mercatus Center all in Arlington, Virginia . An alumnus of Wichita North High School and Friends University , Smith received his bachelor's degree in Electrical Engineering from Caltech in 1949 , an M.A. in economics from the University Of Kansas in 1952 , and his Ph.D. in economics from Harvard University in 1955 . Smith's first teaching post was at the Krannert School of Purdue University , which he held from 1955 until 1967 , attaining the rank of full professor. It was there that his work in Experimental Economics began. As Smith describes it: :"In the Autumn semester, 1955, I taught Principles of Economics, and found it a challenge to convey basic microeconomic theory to students. Why/how could any market approximate a competitive equilibrium? I resolved that on the first day of class the following semester, I would try running a market experiment that would give the students an opportunity to experience an actual market, and me the opportunity to observe one in which I knew, but they did not know what were the alleged driving conditions of supply and demand in that market." Smith also taught as a visiting associate professor at Stanford University ( 1961 - 1962 ) and there made contact with Sydney Siegel , who was also doing work in Experimental Economics . Smith moved with his family to Massachusetts and got a position first at Brown University ( 1967 - 1968 ), then at the University Of Massachusetts ( 1968 - 1972 ). Smith also received appointments at the Center For Advanced Study In The Behavioral Sciences ( 1972 - 1973 ) and Caltech ( 1974 - 1975 ). He moved on to the University Of Arizona from 1976 until 2002 , where he conducted research that earned him the Bank Of Sweden Prize In Economic Sciences . He has authored or co-authored over 200 articles and books on Capital Theory , Finance , Natural Resource Economics and Experimental Economics . Smith received the Bank Of Sweden Prize In Economic Sciences In Memory Of Alfred Nobel in 2002 . He served as an expert for the Copenhagen Consensus . In February 2005 Smith spoke out publicly about his Asperger's Syndrome , which is part of the autistic spectrum. SEE ALSO REFERENCES | ||
| Last | Herera |
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| First | Sue |
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| Year | 25 February 2005 |
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| Url | http://wwwmsnbcmsncom/id/7030731/ |
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| Title | Mildest autism has 'selective advantages' |
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| Publisher | MSNBC |
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| Accessdate | 2006-03-27 |