Bart Wilson (born 1969) is anexperimental economist. He holds the Donald P. Kennedy Endowed Chair of Economics and Law in theChapman University, Argyros School of Business and Economics.[1] He is also the director of the Smith Institute for Political Economy and Philosophy and teaches courses in humanomics. His work has been widely published in both the popular and academic press.
Wilson argues thateconomists often force "ordinary human behavior to fit their models." For Wilson, this can confuse objective economic analysis.[4]
After research and experimentation Wilson andVernon L. Smith conclude that "a history of unenforcedproperty rights hinders our subjects' ability to develop the requisite personal social arrangements to support specialization and effectively exploit impersonal long-distance trade."[5]
Wilson argues that capacity constrained firms have a vested interest in not lowering their prices for new competitive markets.[6]
