EAN: 9783319984032

A LIFE OF EXPERIMENTAL ECONOMICS VOLUME I - VER...

This book provides an intimate history of Nobel Laureate Vernon Smith's early life  combining
elements of biography  history  economics and philosophy to show how crucial incidents early in
his life provided the necessary framework for his research into experimental economics. Smith
takes the reader from his family roots on the railroads and oil fields of Middle America to his
early life on a farm in Depression-wracked Kansas. A mediocre student in high school  Smith
attended Friends University  on Wichita's west side  where an intense study of mathematics 
physics  chemistry  and astronomy enabled him to pass the examinations to enter Caltech and
study under luminary scientists like Linus Pauling. Eventually Smith discovered economics and
pursued graduate study in the field at University of Kansas and Harvard. This volume ends with
his Camelot years at Purdue  where he began his famous work in experimental economics 
nurturing his research into an unlikely new field of economics.

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