Vernon Smith Wins Nobel Memorial Prize in Economic Sciences

Posted: October 9, 2002 at 1:00 am, Last Updated: November 30, -0001 at 12:00 am

Professor of Law and Economics Vernon Smith has been awarded the 2002 Nobel Memorial Prize in Economic Sciences. He shares the $1 million prize with Princeton University professor Daniel Kahneman.

Smith pioneered the field of experimental economics nearly 50 years ago and currently leads a team of economists at George Mason’s Interdisciplinary Center for Economic Science. He is a faculty member in the School of Law and the Department of Economics and a fellow of the Mercatus Center.

Smith will travel to Stockholm University to give his Nobel lecture on Dec. 8, and receive his prize on Dec. 10.

Write to at