Vernon L. Smith

Vernon L. Smith, Nobel Memorial Prize for Economics winner, 2002, is a pioneer of "experimental economics".

He has served as a consultant on the privatization of electric power in Australia and New Zealand and participated in numerous private and public discussions of energy deregulation in the United States.


 * Director, Property and Environment Research Center

He will be on the "Panel of Experts" for the Copenhagen Consensus in May 2004.


 * Professor of Economics and Law, George Mason University (GMU)
 * funded by a Koch Family Foundations grant
 * Fellow, Mercatus Center
 * funded the Koch Foundation
 * adjunct scholar, Cato Institute
 * ditto
 * research scholar, Interdisciplinary Center for Economic Science
 * Academic Review Committee, Institute for Humane Studies
 * Academic Advisory Council, Institute of Economic Affairs
 * Board of Scholars, Virginia Institute.
 * distinguished fellow, American Economic Association
 * past president, Economic Science Association (1986-1987)
 * past president, Western Economic Association (1989-1990)
 * Professor of the Year, Andersen Consulting (1993)
 * Keynote speaker, Mont Pelerin Society, 1993
 * Adam Smith award recipient conferred by the Association for Private Enterprise Education (1995)
 * past president, Association for Private Enterprise Education (1997)
 * past president, Public Choice Society (1998-2000)

Smith started his academic career in the 50s on the Harvard Economics Research Project. He went on become Associate Professor, meanwhile enjoying a stint at the RAND Corporation and the Ford Foundation.

Quotes

 * "The Koch Foundation's gift was an excellent investment." -- Charles Koch, quoted in the GMU Benefactor, fall 2002