Vernon_Smith_Silk_Lecture_Featuring_Nobel_Laureates
Автор: The Silk Lectures featuring Nobel Laureates
Загружено: 2020-08-23
Просмотров: 62
Sep 17, 2019: Experimental Economics. The People that Make Markets Effective Show Trust and Trustworthiness.
Nobel Laureate in Economics in 2002, Dr. Vernon Smith, shared with us his experience in helping to create the field of experimental economics. He discusses his first experiments that unexpectedly supported Adam Smith's theory of markets. He also discusses behavior in trust games where people are more considerate of the welfare of others than predicted by rational game theory.
Q&A with USF's Dr. Ludwig Chincarini starts at 53:42.
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