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"Locating human sociality as a centerpiece of economics, Smith's clear vision of the meaning of rationality pierces the fog surrounding the place of economics in human society. Ideas of David Hume, Adam Smith, Friedrich Hayek and Herbert Simon are masterfully synthesized with fifty years of experimental data from the economics laboratory to bring us a book that might as well be called 'The Origin of Human Institutions'."
Shyam Sunder, School of Management, Yale University
The Vernon Smith Experimental Economics Laboratory was named in honor of the former Purdue Professor and 2002 Nobel laureate Vernon Smith.
VSEEL is used by the Purdue Department of Economics faculty and graduate students, who conduct experimental research in a variety of economics and management areas.
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Posted by: editor | 10/01/2009 at 01:21 AM