Russ Roberts

Vernon Smith Podcast Episodes and Extras

Category Archive with 3 podcast episodes and extras
 

Podcast episode Vernon Smith on Adam Smith and the Human Enterprise

EconTalk Episode with Vernon Smith
Hosted by Russ Roberts

Nobel Laureate Vernon L. Smith of Chapman University talks to EconTalk host Russ Roberts about how Adam Smith's book, The Theory of Moral Sentiments has enriched his understanding of human behavior. He contrasts Adam Smith's vision in Sentiments with the traditional neoclassical models of choice and applies Smith's insights to explain unexpected experimental results from the laboratory.

Size:31.2 MB
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Podcast episode Vernon Smith on Rationality in Economics

EconTalk Episode with Vernon Smith
Hosted by Russ Roberts

Nobel Laureate Vernon Smith of Chapman University and George Mason University talks with EconTalk host Russ Roberts about the ideas in his new book, Rationality in Economics: Constructivist and Ecological Forms. They discuss the social and human sides of exchange, the robust nature of equilibrium in experiments and the real world, the seeming contradiction between Adam Smith's two great works, the unpredictability of how innovation emerges and its rationality, what neuroscience might tell us about economic decision-making, and the challenges of small-group intimate exchange and our interactions with strangers in the extended order of the marketplace.

Size: 28.0 MB
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Podcast episode Vernon Smith on Markets and Experimental Economics

EconTalk Episode with Vernon Smith
Hosted by Russ Roberts

Vernon SmithVernon Smith, Professor of Economics at George Mason University and the 2002 Nobel Laureate in Economics, talks about experimental economics, markets, risk, behavioral economics and the evolution of his career.

Size: 15.2 MB
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