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Professor Vernon L. Smith is a major creator of the new discipline of experimental economics. This collection of his papers from 1962 to 1990 surveys key developments in the field from early attempts to study economic behaviour in now classic double oral auction markets through recent studies of industrial organization and decision making. Topics covered include monopoly and oligopoly, supply and demand theory under posted pricing, uniform pricing, double continuous auction, and sealed bid-offer auctions; hypothetical valuation and market pricing; asset price bubbles; predatory pricing; market contestability and natural monopoly; and the methodology of experimental economics. Taken together, the papers form a history of the study of economics under controlled conditions.

Economics --- Methodology. --- Simulation methods. --- Research. --- 330.101.001.4 --- 305.96 --- Economisch onderzoek. Economische experimenten. Simulatiemethoden --- Macro-economisch model van een of verschillende landen. --- 330.101.001.4 Economisch onderzoek. Economische experimenten. Simulatiemethoden --- Experimental economics --- 303.8 --- 330.3 --- AA / International- internationaal --- 330.101 --- 330.101 Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Economische analyse. Economische methodologie. Economische onderzoeksmethoden--(theoretische economie) --- Economic theory --- Political economy --- Social sciences --- Economic man --- Research --- Simulation methods --- Econometrische behandeling van een onderwerp --- Macro-economisch model van een of verschillende landen --- Methode in staathuishoudkunde. Statische, dynamische economie. Modellen. Experimental economics --- Methodology --- Microeconomics --- Economics - Methodology. --- Economics - Simulation methods. --- Economics - Research. --- Micro-economie --- Business, Economy and Management --- Experimental economics.