Vernon Smith
Happy 95th to Vernon. Adam Smithclassical liberalismecological rationalityexperimental economicsVernon Smith
Happy 95th to Vernon. Adam Smithclassical liberalismecological rationalityexperimental economicsVernon Smith
About Adam SmithAustrian Economicsclassical liberalismexperimental economicsVernon Smith
Here’s an interview with Vernon Smith concerning the relationship of science to religion. I had no idea Vernon felt this way until I read his Discovery – A Memoir (which he so kindly sent me a few years back), so this interview is of no surprise. Despite Vernon’s genuine achievements the fashionably atheist philosopher would “cock a snook” at…
There will be a Cosmos + Taxis sponsored panel so please submit your proposals to C+T’s editor David Emanuel Andersson. agent-based simulationArtificial intelligenceBehavioral economicscomplexitycomputational economicscomputational intelligencecosmos & taxisdata scienceeconometricsEconomicsexperimental economicsFriedrich Hayekhistory of economicsneuroeconomicson- line gaming experimentspolitical economySelf-organization
The first volume (of two) edited by Guinevere Liberty Nell. The Austrian economic school famously predicted and explained the problems of calculation in a socialist society. With their concept of spontaneous order, they challenged mainstream economists to look beyond simplified static models and consider the dynamic and evolutionary characteristics of social orders. However, many feel that…
Some extracts from Thierry’s paper: Contemporary analysis usually divides games of chance into three dimensions. In Machina and Schmeidler’s (1992) terms, this division can be viewed based on the example of an urn containing 90 balls of different colors, out of which an agent pulls a ball, of which he must ex ante guess its…