First edition, first printing. 8vo. xii, 461, [1] pp. Original brown cloth, spine lettered in black, dust jacket (small black mark to top edge of text block, contents otherwise clean; spine panel of jacket only the slightest shade faded, still a near fine copy). Cambridge and New York, Cambridge University Press, 2000.
A collection of papers by the Nobel Prize winning American economist Vernon Lomax Smith containing some of his most important contributions to the development of the field of experimental economics.
Smith was awarded the 2002 Nobel Prize in Economics for his pioneering work on the methodology of laboratory experiments in economics. ’He is a remarkable scholar and a true pioneer in the quest to understand market institutions (such as auction mechanisms) and nonmarket institutions (such as bargaining rules), as well as the structure and motivation of individual behaviour. His methodological contributions helped overturn the traditional notion of economics as an inherently non-experimental science’ (New Palgrave).
