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Austrian and Experimental Economics
Cambiar vista de pantalla: Dr. Vernon Smith March 26, 2004 | Universidad Francisco Marroquín | Duración:..
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Vernon L. Smith was awarded the 2002 Nobel Prize in Economics for his introducing experimental methods in economic analysis. He is founder of the Interdisciplinary Center for Economic Sciences, George Mason University and has been president of Public Choice Society, Economic Science Association, Western Economic Association and Association for Private Enterprise Education (APEE), among others. Smith holds a PhD in economics from Harvard University and is also honorary doctor in economics from Universidad Francisco Marroquín.
Source: www.ufm.edu
Last update: 21/06/2010
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Credits
Exploring Austrian and Experimental Economics
Dr. Vernon Smith
Universidad Francisco Marroquín
Guatemala, March 26th 2004
A New Media UFM - UFM production. Guatemala, March 2004.
Camera 1: Rebeca Zuñiga; camera 2 / digital editing: Sergio Miranda; index: Inés Zuñiga; publication: Pedro David España
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  Content
 | Initial credits |
| Introduction by Giancarlo Ibárgüen S. |
 | The origins of the Nobel Prize lecture
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| After experimental economics |
| Difference between the personal and impersonal market
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| "The two faces of Adam Smith"
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| Theory of moral sentiments |
| The market doesn´t need intervention |
| Experience as a learning tool |
| Evolutionary psychology
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Social distance and other regarding behavior
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Sensory Order: Hayek's contribution to psychology |
| The role of creativity in experimental economics |
| The problem of experimental economics |
| The concept of rationality according to Mises
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| Utility maximization theory |
| Economics of survival |
| The meaning of being rational |
| The social mind
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| Sociopaths |
| The environmental influence |
| Beliefs and the interpretation of results
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| The ultimatum game |
| Conclusion |
| Final credits |
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