In honor of the inauguration of its new LL.M. degree programs, the Chapman University School of Law and the Economic Science Institute (ESI) has created  the Vernon L. Smith LL.M. Fellowship in Law & Economics for 2010-11. The Fellowship is designed to encourage the award winner to pursue study and research in law, economics, business and related fields, and to pursue theoretical, empirical, and or applied research which uses the laboratory method of inquiry to expand the understanding of human socioeconomic behavior, in keeping with the Institute’s mission to study the function and origin of human institutions in creating social rules and order and to build and test market and management systems. Learn more…