Nobel laureate in economics speaks at Rice

Nobel laureate Vernon Smith discussed “On Learning From Proving Yourself Wrong: Two Cases From Experimental Economics, With Implications and Insights for the Economy” in a Nov. 9 lecture presented by the Rice Initiative for the Study of Economics and the Office of the President. Smith won the 2002 recipient of the Nobel Memorial Prize in Economic Sciences for his groundbreaking work in experimental economics. (Photo by Jeff Fitlow)