New Institutional Economics
Virginia Postrel’s New York Times column today addresses new institutional economics and the rich array of fascinating economic research going on in NIE right now.
Virginia Postrel’s New York Times column today addresses new institutional economics and the rich array of fascinating economic research going on in NIE right now.
This Reason interview with Vernon Smith is a good read, with lots of insight into experimental economics. And this New York Times article from today discusses both Smith’s and Kahneman’s work.
I have an editorial in the Wall Street Journal today on the importance of experimental economics and Vernon Smith’s Nobel prize.