Inoua, Sabiou M.; Smith, Vernon L. - 2022
Chapter 1. Introduction -- Chapter 2. Rediscovering Classical Economics in the Laboratory -- Chapter 3. Price Formation …This book establishes that neoclassical economics based on the marginal utility calculus failed to derive a theory of … Nobel Prize in Economic Sciences in 2002 for his groundbreaking work in experimental economics. Smith has joint appointments …