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Guide to the Vernon L. Smith Papers, 1938-2007 and undated

Abstract

Economist and faculty member at the University of Arizona specializing in experimental economics, price behavior, and game theory.

The Vernon L. Smith Papers span the years 1938-2007, covering the majority of Smith's career as an economist in the United States, from his early collegiate work at the California Institute of Technology and Harvard through his professorship at the University of Arizona. Limited material also exists on consulting work and academic scholarship after he left the University of Arizona in 2002. The collection is arranged in the following series: Correspondence, Electronic Files, Personal Files, Print Material, Professional Service, Research and Writings, and Teaching Material. Research topics include the development of a methodology for experimental economics; the implementation of experimental economics into the studies of asset trading, capital investment, game theory, environmental economics, price behavior, strategic decision making, and utilities; and economic decision-making, for which Smith was awarded the Nobel Prize in Economics in 2002.

Descriptive Summary

Repository
David M. Rubenstein Rare Book & Manuscript Library, Duke University
Creator
Smith, Vernon L.
Title
Vernon L. Smith papers 1938-2007 and undated
Language of Material
English
Extent
103.2 Linear Feet, Approximately 64,500 Items
Location
For current information on the location of these materials, please consult the Library's online catalog.

Collection Overview

The Vernon L. Smith Papers span the years 1938-2007, covering the majority of Smith's career as an economist in the United States, from his early collegiate work at the California Institute of Technology and Harvard through his professorship at the University of Arizona. Limited material also exists on consulting work and academic scholarship after he left the University of Arizona in 2002. The collection is arranged in the following series: Correspondence, Electronic Files, Personal Files, Print Material, Professional Service, Research and Writings, and Teaching Material.

The bulk of the papers reside in the Research and Writings Series, which contains extensive files of Smith's research notes, reprints, and revisions of working papers by Smith and others with added annotations. Broadly speaking, the research files document important developments in experimental economics and Smith's seminal contributions to this field of study. Recurring topics in this series include the development of a methodology for experimental economics; the implementation of experimental economics into the studies of asset trading, capital investment, game theory, environmental economics (e.g., the allocation of natural resources such as water), price behavior, strategic decision making, and utilities; and the behavior toward as well as the psychology behind economic decisions, for which Smith was awarded the Nobel Prize in Economics in 2002. With his theories on behavioral and experimental economics, in part influenced by Leontief and Hurwicz, Smith analyzed the functioning of institutions and communication systems such as auctions, utility regulation and markets. An electronic version of Smith's History of Experimental Economic Science at the University of Arizona, and a few unidentified data files, are also found in the electronic files which have been migrated to a library server. The extensive Print Material Series includes reprints of the journal articles by Smith on similar material, many of which are also available through the Duke Libraries general collections.

In addition to documenting Smith's work in theoretical economics, the Professional Service Series, Research and Writings Series and Teaching Material Series follow his professional activities primarily at the universities of Purdue, Brown, Massachusetts, and especially at Arizona; his role as the Research Director at the Economics Science Lab at the University of Arizona; his participation on various committees; his work with institutions such as the National Science Foundation, the Journal of Economic Behavior and Organization and the National Academy of Sciences; and his role as a consultant on utility regulation both domestically and internationally.

Finally, the Correspondence Series, contains primarily professional and academic correspondence concerning comments on his work by other economists; comments on other's work, dating from Smith's editorial work for several journals; and academic affairs, including recommendations and organizational letters for classes and seminars. Notable correspondence includes early exchanges with Paul Samuelson concerning Smith's graduate level work. In one folder of miscellaneous personal correspondence at the end of the series, a colleague speaks at length in several letters about the Cuban crisis and civil rights protests.

Detailed descriptions on the arrangement and content of each series can be found in the respective sections in this collection guide.

Administrative Information

A majority of collections are stored off site and must be requested at least 48 business hours in advance for retrieval. Contact Rubenstein Library staff before visiting. Read More »

warning Access Restrictions

Collection is open for research.

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All or portions of this collection may be housed off-site in Duke University's Library Service Center. The library may require up to 48 hours to retrieve these materials for research use.

Please contact Research Services staff before visiting the David M. Rubenstein Rare Book & Manuscript Library to use this collection.

warning Use Restrictions

The copyright interests in this collection have not been transferred to Duke University. For more information, consult the copyright section of the Regulations and Procedures of the David M. Rubenstein Rare Book & Manuscript Library.

Contents of the Collection

Contains professional and academic correspondence, chiefly from 1971-1999. Series contains routine academic correspondence, including recommendations for students and faculty, as well as other academic affairs; works of other economists; correspondence concerning Smith's publications; some discussions of economic theory and applications; and professional correspondence (including non-academic recommendations and job offers). The majority of the series falls into three main categories: comments on other economists' work, dating to his tenure as editor of several economics journals; comments from colleagues, referees, and other academics on Smith's works; and academic affairs (namely recommendations and routine organizational letters dealing with classes and seminars). Notable correspondence includes early exchanges with Paul Samuelson concerning Smith's thesis and graduate level work. Because the series deals mostly with professional and academic correspondence, there is little personal correspondence. Arranged in chronological order.

1952 Apr.-1959 Sept.
Box 1
1959 Sept.-1963 Aug.
Box 2
1963 Sept.-1967 Aug.
Box 3
1967 Sept.-1971 Mar.
Box 4
1971 Feb.-1974 Feb.
Box 5
1975 Feb.-1978 Jan.
Box 6
1978 Jan.-1979 Dec.
Box 7
1980 Jan.-1982 Mar.
Box 8
1982 July-1983 Nov.
Box 9
1983 Nov.-1984 Dec.
Box 10
1985 Jan.-1986 July
Box 11
1986 Aug.-1987 Nov.
Box 12
1987 Nov.-1988 Dec.
Box 13
1989 Jan.-1990 June
Box 14
1990 June-1991 Sept.
Box 15
1991 Oct.-1992 Aug.
Box 16
1992 Sept.-1993 Aug.
Box 17
1993 May-1994 Sept.
Box 18
1994 July-1995 Sept.
Box 19
1995 Oct.-1997 June
Box 20
1997 July-1999 June
Box 21
1999 Jan.-2000 Dec.
Box 22
2001 Jan.-2003 Apr.
Box 23
2003 May-2003 Dec.
Box 24
1981-1988 Referee Comments
Box 24

Includes a version of Smith's History of Experimental Economic Science at the University of Arizona. Also contains data files and other unidentified files. Records have been migrated to a library server. To request access, please contact a reference archivist before coming to use this collection.

Contains Vernon Smith's academic coursework as a student, clippings, calendars and planners, personal correspondence, and vitae. Academic coursework includes early course notes, papers, and entrance as well as final exams from Smith's student years at the California Institute of Technology; the Samuelson material concerns a seminar taught by Samuelson while Smith was pursuing a PhD at Harvard. The thesis appendix functions as an explanation of the theories in Smith's main text, utilizing the results of his economic work. Clippings chiefly deal with the awarding of various professorships to Smith, and the Arizona Stock Exchange. The interview, conducted for a book entitled Economics in Our Times, explores the subject of experimental economics and Smith's role in the study of experimental economics. Arranged alphabetically by subject.

Appendix to thesis, pareto, undated
Box 25
California Institute of Technology, entrance exams, 1938-1946
Box 25
Cal Tech, exams, 1944-1949
Box 25
Final Exams, 1947-1948
Box 25
Economics 611
Box 25
AM 1b, homework and exams, 1948
Box 25
Econ 304, development of economic thought to 1870, undated
Box 25
Econ 305, development of economic thought, 1951
Box 25
Samuelson seminar, 1953
Box 25
Calendars, 1983-1993
(2 folders)
Box 25
Clippings on Vernon Smith, 1986-1995
Box 25
Correspondence, family, 1972-1973 and undated
Box 25
Correspondence, personal
Box 25
Interview with Vernon Smith, undated
Box 25
Memoir, Experimental Economics at Purdue, undated
Box 25
Memorial, Em Weiler
Box 25
Monthly planners, 1980, 1988, 1993-1996
Box 25
Vitae, 1979, 1988-2001
Box 25
Weekly planners, 1997-2001
Box 26

Consists of two subgroupings: Clippings and Reprints. The clippings files were assembled by Smith, and chiefly consist of newspaper and magazine articles on topics such as auctions, energy resources, experimental economics, fixed prices, government regulation, and the stock exchange. Reprints chiefly consist of articles written by Smith, or for which he was a contributing author. A large portion of the reprints are from a series published by the Purdue University School of Industrial Management Institute for Qualitative Research in Economics and Managment, which later became known as the Purdue University, Herman C. Krannert Graduate School of Industrial Administration, Institute for Research in the Behavior, Economic and Management Sciences. Reprints are arranged chronologically.

Clippings, 1975-1987
Box 27
Reprints, 1957-1967
Box 28
Reprints, 1968-1979
Box 29
Reprints, 1980-1985
Box 30
Reprints, 1985-1991
Box 31
Reprints, 1992-2006 and undated
Box 173

Series is arranged into topical groupings: Games and Economic Behavior; Journal of Economic Behavior and Organization; National Academy of Sciences; National Science Foundation; Presentations and Seminars. These are followed by single folders in original order.

Chiefly contains files on the contributions Vernon Smith made to professional associations such as the National Science Foundation, the Journal of Economic Behavior and Organization, and the National Academy of Sciences, as well as to the teaching profession, and to other associations. Contents are varied, and include information on workshops and presentations given by Smith at both the high school and faculty level, conferences he organized, consultancy positions he held, and professional association committee work he undertook. Other material on conferences attended by Smith can be found in the Research and Writings Series; also, many folders deriving from his undergraduate and graduate teaching can be found in the Teaching Series. In addition, because of the nature of his contributions to economics research, much of Smith's work for or with government or non-profit organizations such as his economic analysis of pollution and recycling for federal government agencies, is found in the Research and Writings Series rather than in Professional Service.

Games and Economic Behavior
Box 32
Journal of Economic Behavior and Organization
Box 33
Journal of Economic Behavior and Organization; National Academy of Sciences
Box 34
National Academy of Sciences; National Science Foundation; Presentations and Seminars
Box 35
Presentations and Seminars; Other Files
Box 36
Other files
Box 37-38
Other files
Box 176

Arranged in the following subseries: Asset Trading, Experimental Economics, Game Theory and Strategic Interactions, Natural Resources and Utilities, Price Behavior, Other Writings, and Writings by Others.

Corporate finance, equilibrium, futures markets, credit rationing, allocation of risk
Box 39-40
Markets

Includes material on market bubbles and crashes, endowments and Coase theorem, preference reversals, rational expectations, and market contestability.

Box 40-47
Monopolies

Includes "Natural Monopoly and Contestable Markets Hypothesis," 1981-1983; Empirical Study of Decentralized Insitutions of Monopoly Restraint, 1978.

Box 47-48
Off-floor trading, 1987-1991
Box 48-49
Asset trading data

Major folder groupings include: mug, 1992; az, 1987-1988; po, posted offer, 1979-1982;and treasury bills.

Box 49-54

The first two boxes relate to the Economics Science Lab at the University of Arizona. The next three boxes are NSF grant proposals. These are followed by three boxes of writings by other economists and academics in related fields, arranged alphabetically by author's last name and overlap with the subseries Game Theory and Strategic Interactions. The remainder of the subseries folders are arranged alphabetically by topic.

Economics Science Lab, 1983-2000

Includes budgets, executive committee minutes, lab development and management, and research proposals. Some additional material may be found interspersed throughout the Energy Utility materials.

Box 55-56
Economics Science Lab materials
Box 174
NSF grant proposals, 1974-1992
Box 57-59
Alphabetical files, Experimental Economics and Game Theory, A-E
Box 60
Alphabetical files, Experimental Economics and Game Theory, E-M
Box 61
Alphabetical files, Experimental Economics and Game Theory, M-Z
Box 62
Experimental economics and auditing, 1987-1988
(3 folders)
Box 63
Experimental economics dictionary entry
(2 folders)
Box 63
Economics in the Lab, 1994
(3 folders)
Box 63
Energy Department seminars, 1984 and 1990
(2 folders)
Box 63
Experimental Economics, drafts, notes and research
Box 63-64
Free trade, 1991-1992
Box 64
Earhart foundation, 1982
Box 64
Lynde and Harry Bradley foundation, 1989
Box 64
Handbook of Experimental Economics, contributing articles, publication information and reviews, 1996
(15 folders)
Box 64
Lakatos, 1989

Includes information on the individual and articles on his contribution to the field of experimental economics.

(6 folders)
Box 64-65
Law of unintended consequences, 1998
Box 65
Liberty Fund Lecture, Montana, 1972
Box 65
Markets and Hayek hypothesis, 1982 and 1999-2001
(6 folders)
Box 65
Experimental method and theory, 1982-1988 and 2001
Box 65-66
Microeconomics

Includes various manuscript drafts, articles and notes by Smith on the subject of microeconomics.

(7 folders)
Box 8
Monetary rewards, reward saliency and incentive regulation, 1990-1993
Box 67-68
Papers in Experimental Economics, 1977-1984

Includes correspondence with publisher, drafts of contributing essays, and notes.

Box 68-69
Political economy of exchange, 1986
(9 folders)
Box 69
Politics and antitrust regulation, 1980
(3 folders)
Box 69
Relevance of Lab Experiment to testing Resource Allocation,Ann Arbor conference manuscript, notes and referee reports, 1977
Box 70
Roth conference
Box 70
Seminars, articles by others and Smith, notes
Box 70-71
Research in Experimental Economics, v. 1-4

Includes correspondence with contributing authors and publisher; contributing essay drafts; and notes by Smith, series editor.

Box 71-75
Theory, Experiment and Economics, in Journal of Economic Perspectives, 1987-1989
(7 folders)
Box 75
Wizard who oversimplified, paper and rebuttal
Box 76
Permission to publish, forms
Box 76
Data, 1978-1983 and undated

Includes charts of weekly experiments.

Box 76
Other files
Box 174

Arranged alphabetically by topic. See also the first three boxes of Experimental Economics Subseries.

Bargaining games, 1991-1994
Box 77-78
Brain functioning and strategic decision making, 1992-1998

[Contains one color 5x7 photograph of Smith.]

(10 folders)
Box 78
Centipede games, 1990-1994
(2 folders)
Box 78
Cooperation, reciprocity and trust, 1991-2002
Box 78-81
Cournot games, 1978, 2000
(3 folders)
Box 81
Experimental Economics and Evolutionary Psychology: Forward Signalling, Social Distance and Individuals Rights, 1994
Box 81
Intentionality, Detection and Mind: Why does game form matter?, 1999-2000
Box 81-82
Toward a history of game theory, 1992
Box 82
In ultimatum games, 1993-1994
Box 82
In strategic interactions, 2000
Box 82
The Paradox of Power, 1996-1998
Box 82-83
Players, 1998-2000
Box 83
Sequential Bargaining and Game Theory Experiments, 1989
(2 folders)
Box 84
Ultimatum/Dictator games, 1993-2000
Box 84
Data

Major folder groupings include: ultimatum, 1991; single blind, 1993; fof, friend or foe, 1997; mach, machiavellian, 1998; asur, assurance, 1995; exbarg, 1995-1997; dictator, 1993-1995.

Box 85-90

This subseries consists of four parts: natural resources; utilities, electric; utilites, smart markets; and utilities, natural gas. Material on natural resources chiefly consists of proposals (mainly NSF), research and writings dealing with issues of exhaustible resources (land, oil and water) as well as resource preservation (recycling, waste accumulation and Exxon Valdez accident assesment). Also includes material for Smith's book Economics of Natural and Exhaustible Resources.

Material on electric utilities chiefly concerns the regulation and deregulation of electric companies and consists of articles, charts, clippings, drafts, and proposals. The principal regions researched include Australia, New Zealand, the United Kingdom and the United States (Alaska, California, Illinois, New Mexico but the majority refer to Arizona). The bulk of the files deal with work conducted at the Economics Science Lab; however, other partners in this enterprise include Arizona Corporation Commission (ACC); Federal Energy Regulation Commission (FERC); National Economic Research Associates (NERA); Department of Energy (DOE); National Science Foundation (NSF); Goldwater Institute; and various nationalized electric companies and government agencies.

Material on smart markets concerns the network design for all utilities but primarily electric and natural gas. Major groupings of folders deal with research conducted for the industry in Hungary, and material for Smith's book on smart markets.

Material on natural gas chiefly consists of data, drafts and research for Smith's work entitled "Experimental Auction Exchange for Pipeline Transmission Networks" . Research was conducted in conjunction with the FERC and Energy Information Administration (EIA).

Box 174 includes unsorted material relating to Natural Resources and Utilities acquired through the 2013 accession.

Natural resources, 1970-2004
Box 90-93
Utilities, electric, 1969-2005 and undated
Box 93-107
Utilities, smart markets, 1991-1994 and undated
Box 107-108
Utilities, natural gas, 1987-1994 and undated

Includes data (charts, price regressions and experimental auctions).

Box 108-114
Other files
Box 174

Material concerns the theory and institutions of auctions and bidding. Files primarily focus on double auctions, dutch auctions, english auctions, multiple unit auctions and sealed bid auctions. Additional groups include price controls and radio spectrum auctions.

Auctions, bidding and lotteries
Box 115-128
Auctions, 1985
(3 folders)
Box 115
Competitive Market Institutions: Double Auction vs. Sealed Bid Auctions, 1979-1981
(8 folders)
Box 115
A Comparision of Posted Offer and Double Auction Pricing Institutions, 1983
Box 115
Experimental Comparision of Alternative Rules for Competitive Market Exchange in Computerized Double Auction Markets, 1978-1980
(5 folders)
Box 116
OCS leasing and auctions
(2 folders)
Box 116
Why are not the Dutch and First Price Auctions Isomorphic?
Box 116
Uncertainty and Partial Adjustment in Double Auction Markets, 1987
Box 116
Modifying Market Theories in the Light of Evidence, 1989-1990
Box 116
Auctions,The New Palgrave: a Dictionary of Economics, 1987-1991
Box 117
COT research proposal
Box 117
Exogenous Uncertainty Increase the Bid-Ask Spread in the Continuous Double Auction
Box 117
An Experimental Study of the Plato Computerized Double Auction Market Mechanism, 1978
(2 folders)
Box 117
Theory and Behavior of Single Object Auctions, 1980
(8 folders)
Box 117
Institutional Design for Electronic Trading, 1993-1994
(2 folders)
Box 117
Auctions with a lambda variable
(3 folders)
Box 118
In search for the Winner's Curse, 1983
Box 118
Bidding and Auction Institutions: Experimental Results, 1974-1976
(3 folders)
Box 118
Articles
(2 folders)
Box 118
Charts
(2 folders)
Box 118
Notes
Box 118
Incentives and Behavior in English, Dutch and Sealed Bid Auctions,
(2 folders)
Box 118
PDA protocol
Box 118
The Discrete Bid First Price Auction, 1986
Box 118
Sealed bid auction theory and behavior
Box 118
Auction bargaining mechanisms
Box 119
Bidding institutions, notes
(2 folders)
Box 119
Bidding theory with risk preferences, 1983-1984
(2 folders)
Box 119
Properties auction
Box 119
Treasury auctions
(2 folders)
Box 119
Burlington Northern, certificate test program, 1988
(2 folders)
Box 119
Various articles on auctions
Box 119
Auctions and markets institutional design
Box 120
Boundaries of competitive price theory
(2 folders)
Box 120
PDA
(8 folders)
Box 120
DOA
(2 folders)
Box 120
Sealed bid offer auctions
Box 120
Back up charts, all auctions
Box 120
Sequential english auction
Box 120
Old transparencies, auctions
Box 120
BPA, board of overseers, demo, 1991 Oct. 25
Box 120
Oral bid, double and offer auction charts
Box 120
Dutch auctions
Box 120
Hooker lecture, McMaster university, 1988 Oct. 5
Box 120
Single and multiple unit auctions (sealed bid)
Box 120
Two commodities for PDA designs, 1983-1986
(3 folders)
Box 120
Multiple unit english clock auctions and assorted alternatives
(2 folders)
Box 120
Sealed bid offer auctions
Box 120
Case studies, applied math, 1988
Box 120
PCS auction, 1994
Box 121
N-4 regressions
Box 121
Lotteries
Box 121
Individual Bidding with Simulated Competition, 1985
Box 121
Hugg
Box 121
Miller
(2 folders)
Box 121
Plott-Smith
Box 121
Instructions, double auction
Box 121
Q group proposal
Box 121
Endogenous Entry and Exit in Common Value Auctions, 1991-1995
(4 folders)
Box 121
Posted offer and DA comparisons
Box 121
Dutch-English auctions, first-second, charts
Box 122
Discrimination vs competition in sealed-bid auctions, charts
Box 122
Designing Auction Institutions for Exchange, 1999
Box 122
Tests of a Heterogeneous Bidder's Theory of First Price Auctions
(3 folders)
Box 122
The Effects of Rent Asymmetries in Experimental Auction Markets, 1982
Box 122
Comparision of three auctions, Bratton
Box 122
PLATO and TUTOR manual
Box 122
PLATO experiments
(2 folders)
Box 122
Bidding for a demand curve
Box 122
Auctions and bidding, 1986
Box 122
Inducing Risk Neutral Preferences: an examination in a controlled market enviroment, 1986
(4 folders)
Box 122
Lottery regressions and charts
Box 122
Charts of nonlinear regressions
Box 122
The Sealed-Bid Mechanism: an experimental study, 1987
Box 122
Concurrent trading in two experimental markets with demand interdependence, 2000
(2 folders)
Box 123
Theory and Behavior in Auctions: effects of monetary rewards and decision cost, Irvine conference on decision theory
Box 123
An Experimental Examination of the Walrasian Tatonnement Mechanism, 1996
(3 folders)
Box 123
Numerical Computation of First Price Auction with Heterogenous Risk, 1998
Box 123
Designing Auction Institutions: is Double Dutch best?, 1992
(3 folders)
Box 123
First price auction with fixed payment(charge) for winning
Box 123
Rewards and behavior in first price auctions
Box 123
Rewards, Experience and Decision Costs in First Price Auctions, 1992-1993
(2 folders)
Box 123
Theory and Individual Behavior of First Price Auctions, 1986-1987
(7 folders)
Box 124
Theory and Misbehavior in First Price Auctions, 1989-1992
(Folders 1-3 of 9)
Box 124
Theory and Misbehavior in First Price Auctions, 1989-1992
(Folders 4-9 of 9)
Box 125
Materials for reply to Kagel-Roth
Box 125
Theory and Behavior of Multiple Unit Auctions, 1982-1984
(Folders 1-4 of 17)
Box 125
Theory and Behavior of Multiple Unit Auctions, 1982-1984
(Folders 5-17 of 17)
Box 126
Sealed bid auctions, Coppinger
(2 folders)
Box 127
An Experimental Comparison of Alternative Rules for Competitive Market Exchange, 1979
Box 127
A Test that Discriminates between Two Models of the Dutch-First Auction Non-Isomorphism, 1983
(2 folders)
Box 127
Bidding theory for heterogenous bidders
(2 folders)
Box 127
Combinatorial Auction Mechanism for Airport Time Slot Allocation
(3 folders)
Box 127
Bidding behavior in sealed bid discriminative auctions
Box 127
A Comparison of Posted-Offer and Double Auction-Pricing Institutions, 1980-1983
Box 128
Experimental development of sealed bid auction theory
(2 folders)
Box 128
Combinatorial auction proposal, LECG/ESL/CALTECH, 1998
Box 128
Hand run call market sheets
Box 128
Price controls
Box 128
Radio spectrum auctions
Box 129
Data

Major folder groupings include: PDA, S-bid, SDS, DFD, DSD and Dutch auctions. They range in years between 1978-1983.

Box 129-138

Writings by Smith which do not fall under previous major divisions in the Research and Writings Series. Arranged alphabetically by topic.

On replicability, 1981
(2 folders)
Box 139
Psychology and economics, 1977
Box 139
Anomalies, 1987
Box 139
Behavioral economics research and the foundations of economics
Box 139
Cobweb
(4 folders)
Box 139
Coursey, Don, charts
Box 139
Consumer behavior, transparencies
Box 139
On Creation vs. Discovery and The Origin of Predictable Behavior,1984-1984
(4 folders)
Box 139
Economics will never be the same
Box 139
Evaluations of econometric models, 1981
Box 139
Humankind in prehistory
(Folders 1-4 of 8)
Box 139
Humankind in prehistory
(Folders 5-8 of 8)
Box 140
Economic principles in the emergence of humankind
(4 folders)
Box 140
On emergence of social and political institutions, 1985
(4 folders)
Box 141
Externalities
(9 folders)
Box 141
Fishing and Fisheries
(8 folders)
Box 141
Foundations of experimental political economy, Plott and Smith
Box 141
Fixed Cost Enviroments, 1996-1999

Includes material on oligopolies and core allocation.

(5 folders)
Box 142
Free institutions proposal, 1981
Box 142
Frisco report, An analysis of rail piggyback transportation, 1958
Box 142
Health and history, notes and paper, 1994
(2 folders)
Box 142
Human Nature: an economic perspective,Daedalus, 2004 Fall
Box 142
Hunting, 1973, 1985-1986 and undated

Includes big animals, EPA conference, "Hunting and Gathering Economies," and "Economics of the primitive hunter culture with applications to pleistocene extinction and the rise of agriculture."

(10 folders)
Box 143
The Iraqi People's Fund, Wall Street Journal, 2003 Dec. 22
Box 143
Man as an ecological factor within nature
Box 143
Motivation theory and behavior under the decision cost hypothesis, Smith and Walker
Box 143
New Zealand, 1987-1991

Includes colonization, and the privatization and regulation of airports and telecommunications.

(5 folders)
Box 144
Plato nameset file
Box 144
In search of predatory pricing, Isaac and Smith, 1984-1985
(Folders 1-3 of 6 folders)
Box 144
In search of predatory pricing, Isaac and Smith, 1984-1985
(Folders 4-6 of 6 folders)
Box 145
Property rights, 1950, 1982, 1998 and undated
(15 folders)
Box 145-146
Public goods, 1970-1985, 2001-2004 and undated
Box 146-149
Public goods, data
Box 149-152
Rationality, 1984-1991
(7 folders)
Box 153
Recycling, 1974-1975
(2 folders)
Box 153
Reflections on human actions after 50 years, 1999
Box 154
Siegal and other notes on EUT
Box 154
Supply and demand equations, undated
Box 154
Thoughts on neo-classical, contract theories of state, 1980
Box 154
The Two Faces of Adam Smith, Southern Economic Journal, 1998

Material derived in part from a revision to a previous paper concerning property rights.

(7 folders)
Box 154
Tournaments
Box 154
Why market optimists say this bull has legs, Wall Street Journal, 2007 May 23
Box 154

Primarily reprints of articles by others on various topics of interest to Smith, which largely parallels the rest of the series: experimental economics, game theory and strategic decision making, markets and price behavior. Boxes 1 and 2 are alphabetical files by author last name, respectivly A-N and N-W. Remaining files arranged as originally received. Box 174 includes additional unsorted writings by others acquired with the 2013 accession.

Writings by others
Box 155-161
Writings by others
Box 174

These documents derive from Vernon L. Smith's lengthy teaching career at institutions such as Purdue University, Brown University, University of Massachusetts, and University of Arizona. The series is divided into two subseries: Courses and Departmental. The subseries Courses chiefly consists of assigned readings by Smith and others, course notes, transparencies, student experiments, and exam subjects. The subseries also includes student essays, class lists, and graduate advising information. The subseries Departmental chiefly consists of committee meetings concerning issues of honors candidates, fellowships, faculty, and promotion and tenure. The documents are roughly arranged chronologically. Box 175 includes unsorted materials acquired through the 2013 accession.

Courses, 1957-1960s
Box 162
Courses, 1960s-1972
Box 163
Courses, 1970-1976
Box 164
Courses, 1978-1983
Box 165
Courses, 1984-1988
Box 166
Courses, 1988-1992
Box 167
Courses, 1992-1994
Box 168
Courses, 1995-1998
Box 169
Courses, 1999-2006 and undated
Box 170
Courses, undated
Box 171
Departmental materials, 1977-1997 and undated
Box 171-172
Economic Systems Design materials; other proposals; general lecture notes
Box 175

Historical Note

Chronology List

DateEvent(s)
January 1, 1927Born in Tucson, Arizona
1949B.S.E.E., California Institute of Technology
1952M.A., University of Kansas
1955Received Ph.D. from Harvard University
1951-1952Appointed as Instructor of Economics, University of Kansas
1954-1955Served as Economist, Harvard Economics Research Project
1955-1967Professor, Purdue University
1957Publication of On the Use of Engineering Data and Statistical Techniques in the Analysis of Production and Technological Change: Fuel Requirements in the Trucking Industry, Econometrica
1957-1959Research Consultant, RAND Corporation
1958Publication with K. David and J. Wiley of Economics: An Analytical Approach,
1958-1959Faculty Research Fellow, Ford Foundation
1961Publication of Investment and Production, Harvard University Press
1962While a visiting professor at Stanford University, published An Experimental Study of Market Behavior, in the Journal of Political Economy, considered a landmark paper on experimental economics
1967-1968Professor, Brown University
1968-1975Professor, University of Massachusetts
1976-2002Professor, University of Arizona
1977The Principle of Unanimity and Voluntary Consent in Social Choice published in the Journal of Political Economy, pioneering the systematic study of institutional design for public choice decisions
1979Published Research in Experimental Economics, Vol. 1, as editor, Greenwich: JAI Press
1982Publication of Research in Experimental Economics, Vol. 2
1983-Editorial Board of The Cato Journal
1985-Associate Editor, Journal of Economic Behavior and Organization
1985Publication of Research in Experimental Economics, Vol. 3, editor, Greenwich JAI Press, 1985
1986-1987Founding President, Economic Science Association
1986-2001Served as Research Director, Economics Science Laboratory (ESL) at University of Arizona
1992-Editorial and Advisory Boards, Economic Theory
1993Consultant and lecturer, Prospect Electricity, Australia, on privatizing electric power
1994The 1994 Preferences, Property Rights and Anonymity in Bargaining Games in Games and Economic Behavior is considered seminal to the systematic study of personal exchange
2001Joined the faculty of George Mason University, along with other colleagues from the ESL at Arizona
Director of the Interdisciplinary Center for Experimental Science (ICES) at George Mason University
2002Awarded Nobel Memorial Prize in Economic Sciences for his work on empirical economic analysis, especially related to alternative market mechanisms; shared prize with Daniel Kahneman of Princeton
2008Founded the Economic Science Institute at Chapman University in Orange, California

Subject Headings

Preferred Citation

[Identification of item], Vernon L. Smith Papers, David M. Rubenstein Rare Book & Manuscript Library, Duke University

Provenance

The Vernon L. Smith Papers were received by the David M. Rubenstein Rare Book & Manuscript Library as a gift from 1996-2008, and in 2013.

Processing Information

Processed by Tanner Capps, Ted Holt, Paula Jeannet Mangiafico, Chloe Rockow, Jen Snow, Kathryn Terrell, February 2010

Encoded by Ted Holt, Paula Jeannet Mangiafico, Jen Snow, February 2010

Accessions 1996-106, 2000-416, 2001-168, 2004-004, 2008-001, and 2013-182 were merged into one collection, described in this finding aid.

Descriptive sources and standards used to create this inventory: DACS, EAD, NCEAD guidelines, and local Style Guide.

This finding aid is NCEAD compliant.