國立高雄大學圖資館 |

語系: 繁體中文

說明(常見問題)

圖資館首頁

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

A life of experimental economics.Vol...

Smith, Vernon L.

A life of experimental economics.Volume II,The next fifty years

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	A life of experimental economics.by Vernon L. Smith.
作者:	Smith, Vernon L.
出版者:	Cham :Springer International Publishing :2018.
面頁冊數:	xx, 243 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
標題:	EconomistsBiography.United States
電子資源:	https://doi.org/10.1007/978-3-319-98425-4
ISBN:	9783319984254$q(electronic bk.)

A life of experimental economics.Volume II,The next fifty years
Smith, Vernon L.

A life of experimental economics.Volume II,The next fifty years[electronic resource] /by Vernon L. Smith. - Cham :Springer International Publishing :2018. - xx, 243 p. :ill., digital ;24 cm.

1. Yankee Land -- 2. West with the Night -- 3. Arizona and E-Commerce in the Lab -- 4. My Friends Were Finally Right -- 5. Wives, Daughters, and Sons -- 6. Home Again: Chapman University -- 7. Economic Collapse, 2007-8: Would 1929 Be Reborn in Anemic Growth? 8 -- Kinds of Markets: The Good, the Volatile and the Sometimes Ugly -- 9. Reconnecting Modern Economics with its Classical Origins: Discovering Adam Smith -- 10. Faith and the Compatibility of Science and Religion.

This sequel to A Life of Experimental Economics, Volume I, continues the intimate history of Vernon Smith's personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University. At Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand experiments in natural gas pipeline, communication and electricity markets that paved the way for implementing, through decentralized market processes, the liberalization of industries traditionally believed to be "natural" monopolies. The "Smart Computer Assisted Market" was born. Smith's move to George Mason University greatly facilitated government and industry work in tandem with various public and private entities, whereas his relocation to Chapman University coincided with the Great Recession, whose similarity with the Depression was evident in his research. There he integrated two fundamental kinds of markets with laboratory experiments: Consumer non-durables, the supply and demand for which was stable in the lab and in the economy, and durable assets whose bubble tendencies made them unstable in the lab as well as in the economy--witness the great housing-mortgage market bubble run-up of 1997-2007. This book's conversational style and emphasis on the backstory of research accomplishments allows readers an exclusive peak into how and why economists pursue their work. It's a must-read for those interested in experimental economics, the housing crisis, and economic history.

ISBN: 9783319984254$q(electronic bk.)

Standard No.: 10.1007/978-3-319-98425-4doiSubjects--Personal Names:

190594
Smith, Vernon L.
Subjects--Topical Terms:

392438
Economists
--United States--Biography.

LC Class. No.: HB119.S56

Dewey Class. No.: 330.092

A life of experimental economics.Volume II,The next fifty years
LDR:03339nmm a2200325 a 4500 001 547274
003 DE-He213
005 20190426111156.0
006 m d
007 cr nn 008maaau
008 190709s2018 gw s 0 eng d
020 $a 9783319984254$q(electronic bk.)
020 $a 9783319984247$q(paper)
024 7 $a 10.1007/978-3-319-98425-4 $2 doi
035 $a 978-3-319-98425-4
040 $a GP $c GP
041 0 $a eng
050 4 $a HB119.S56
072 7 $a VSG $2 bicssc
072 7 $a BUS000000 $2 bisacsh
072 7 $a KCY $2 thema
082 0 4 $a 330.092 $2 23
090 $a HB119.S56 $b S662 2018
100 1 $a Smith, Vernon L. $3 190594
245 1 2 $a A life of experimental economics. $n Volume II, $p The next fifty years $h [electronic resource] / $c by Vernon L. Smith.
260 $a Cham : $b Springer International Publishing : $b Imprint: Palgrave Macmillan, $c 2018.
300 $a xx, 243 p. : $b ill., digital ; $c 24 cm.
505 0 $a 1. Yankee Land -- 2. West with the Night -- 3. Arizona and E-Commerce in the Lab -- 4. My Friends Were Finally Right -- 5. Wives, Daughters, and Sons -- 6. Home Again: Chapman University -- 7. Economic Collapse, 2007-8: Would 1929 Be Reborn in Anemic Growth? 8 -- Kinds of Markets: The Good, the Volatile and the Sometimes Ugly -- 9. Reconnecting Modern Economics with its Classical Origins: Discovering Adam Smith -- 10. Faith and the Compatibility of Science and Religion.
520 $a This sequel to A Life of Experimental Economics, Volume I, continues the intimate history of Vernon Smith's personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University. At Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand experiments in natural gas pipeline, communication and electricity markets that paved the way for implementing, through decentralized market processes, the liberalization of industries traditionally believed to be "natural" monopolies. The "Smart Computer Assisted Market" was born. Smith's move to George Mason University greatly facilitated government and industry work in tandem with various public and private entities, whereas his relocation to Chapman University coincided with the Great Recession, whose similarity with the Depression was evident in his research. There he integrated two fundamental kinds of markets with laboratory experiments: Consumer non-durables, the supply and demand for which was stable in the lab and in the economy, and durable assets whose bubble tendencies made them unstable in the lab as well as in the economy--witness the great housing-mortgage market bubble run-up of 1997-2007. This book's conversational style and emphasis on the backstory of research accomplishments allows readers an exclusive peak into how and why economists pursue their work. It's a must-read for those interested in experimental economics, the housing crisis, and economic history.
600 1 0 $a Smith, Vernon L. $3 190594
650 0 $a Economists $z United States $v Biography. $3 392438
650 1 4 $a Popular Science in Economics. $3 770313
650 2 4 $a Behavioral/Experimental Economics. $3 737421
650 2 4 $a Economic History. $3 739985
650 2 4 $a History of Economic Thought/Methodology. $3 760025
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
856 4 0 $u https://doi.org/10.1007/978-3-319-98425-4
950 $a Economics and Finance (Springer-41170)