Experimental economics has the potential to fill some of the gaps in the economist's tool kit. This article describes experimental economics, its advantages and disadvantages, and why this tool might be a good choice in some situations. The article summarizes the history of its use by...

An important issue for the stated choice method is the effect of the number of choice sets on responses. Based on a study of this issue in a mailed survey, results indicate that the number of choice sets does not affect survey response rates or item non-response rates.

This book was originally published by Westview Press, Boulder CO, 1995.