Charles Raymond Plott, born in 1938, is an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 economist. He currently is Edward S. Harkness Professor of Economics and Political Science at the California Institute of Technology

California Institute of Technology

The California Institute of Technology is a private research university located in Pasadena, California, United States. Caltech has six academic divisions with strong emphases on science and engineering...

 and a pioneer in the field of experimental economics

Experimental economics

Experimental economics is the application of experimental methods to study economic questions. Data collected in experiments are used to estimate effect size, test the validity of economic theories, and illuminate market mechanisms. Economic experiments usually use cash to motivate subjects, in...

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He is a member of the National Academy of Sciences

United States National Academy of Sciences

The National Academy of Sciences is a corporation in the United States whose members serve pro bono as "advisers to the nation on science, engineering, and medicine." As a national academy, new members of the organization are elected annually by current members, based on their distinguished and...

, Fellow of the American Academy of Arts and Sciences, Fellow of the Econometric Society, Distinguished Fellow from the American Economic Association and many other fellowships and awards.

2002 Nobel Laureate Vernon L. Smith

Vernon L. Smith

Vernon Lomax Smith is professor of economics at Chapman University's Argyros School of Business and Economics and School of Law in Orange, California, a research scholar at George Mason University Interdisciplinary Center for Economic Science, and a Fellow of the Mercatus Center, all in Arlington,...

 lauded Plott in his speech of thanks at the Nobel Banquet, December 10, 2002 with a toast to "The pioneering influence of Sidney Siegel

Sidney Siegel

Sidney Siegel was an American psychologist who became especially well-known for his work in popularising non-parametric statistics for use in the behavioural sciences. He was a co-developer of the statistical test known as the Siegel–Tukey test.Siegel completed a Ph.D. in Psychology in 1953 at...

, Amos Tversky

Amos Tversky

Amos Nathan Tversky, was a cognitive and mathematical psychologist, a pioneer of cognitive science, a longtime collaborator of Daniel Kahneman, and a key figure in the discovery of systematic human cognitive bias and handling of risk. Much of his early work concerned the foundations of measurement...

, Martin Shubik

Martin Shubik

Martin Shubik is an American economist, who is Professor Emeritus of Mathematical Institutional Economics at Yale University. He was educated at the University of Toronto and Princeton University...

, and Charles Plott on the intellectual movement that culminated in the economics award for 2002.". In addition, the prize committee recognized Plott's contribution to the field.

Charles Plott is the current president of the Society for the Advancement of Economic Theory

Society for the Advancement of Economic Theory

The Society for the Advancement of Economic Theory abbreviated as SAET is a non-profit membership society founded to "advance knowledge in theoretical economics and to facilitate communication among researchers." Membership includes economists, mathematicians, game theorists, and other...

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External links

• Caltech home page
• Economics as an Experimental Science - Lecture from Melbourne University