Vernon L. Smith

Prize Lecture

Constructivist and Ecological Rationality in Economics

Vernon L. Smith held his Prize Lecture December 8, 2002, at Aula Magna, Stockholm University. He was presented by Professor Torsten Persson, Chairman of the Prize Committee.

Constructivist and Ecological Rationality in Economics

Vernon L. Smith held his Prize Lecture December 8, 2002, at Aula Magna, Stockholm University. He was presented by Professor Torsten Persson, Chairman of the Prize Committee.

Read the lecture
Pdf 236 kB

Copyright © The Nobel Foundation 2002

From Les Prix Nobel. The Nobel Prizes 2002, Editor Tore Frängsmyr, [Nobel Foundation], Stockholm, 2003

To cite this section
MLA style: Vernon L. Smith – Prize Lecture. NobelPrize.org. Nobel Prize Outreach 2025. Fri. 5 Dec 2025. <https://www.nobelprize.org/prizes/economic-sciences/2002/smith/lecture/>

Nobel Prizes and laureates

Six prizes were awarded for achievements that have conferred the greatest benefit to humankind. The 14 laureates' work and discoveries range from quantum tunnelling to promoting democratic rights.

See them all presented here.

Illustration

Explore prizes and laureates

Look for popular awards and laureates in different fields, and discover the history of the Nobel Prize.