Director
Timothy Cason


VSEEL
Department of Economics
Krannert School of
Management
100 S. Grant Street
Purdue University
West Lafayette, IN
47907-2076





WELCOME
  • Welcome to the Vernon Smith Experimental Economics Laboratory. Feel free to explore our site and learn about our researchers, our projects, and facility.

  • If you are an undergraduate student and would like the chance to earn money participating in economics experiments, please click on participate to register and sign up.

ABOUT  VSEEL

  • The Vernon Smith Experimental Economics Laboratory (VSEEL) is a state-of-the-art facility for laboratory data collection for economics, management, and other social sciences. It is located in rooms 701 and 713 of the Krannert Building in the Krannert School of Management at Purdue University.

  • Named in honor of the former Purdue Professor and 2002 Nobel laureate Vernon Smith, VSEEL is used by the Purdue Department of Economics faculty and graduate students, who conduct experimental research in a variety of economics and management areas. Please select an option from the menu at the right for more information on people, research, facility details and links.

“In a perfect world, an economist could run a controlled
experiment just like a physicist or a biologist does... But an economist rarely has the luxury of such pure experimentation... From this jumble, he must determine which factors are correlated and which are not.” Levitt and Dubner, Freakonomics (2005), page 162. At the Vernon Smith Experimental Economics Laboratory, we have the luxury of pure experimentation-- although it's far from a "perfect world."
Vernon Smith celebrating the Krannert School's 50th Anniversary (October, 2007) with Roman Sheremeta, Jingjing Zhang, and Tim Cason

Vernon Smith receives the naming plaque from lab director Tim Cason on January 22, 2003.

© Vernon Smith Experimental Economics Laboratory at Purdue University, 2009