Experimental economics is the use of experimental methods to evaluate
theoretical predictions of economic behaviour. It uses controlled, scientifically designed
experiments to test economic theories under laboratory conditions. Typical empirical
research is limited by the fact that only a subset of the set of all possible influences affect
(or can be observed to be affecting) economic decision making. This inhibits or severely
limits the ability to control for certain influences. With experiments, economists can fix
some inputs and measure the effects of other inputs in a way that allows ceteris paribus
comparisons.