Eva Elisabet Rutström is a Swedish born experimental economist, and an accomplished field researcher in individual decision making and interactive group behaviors.
[3] During this time she served as a consultant to the Office of Naval Research for experiments related to choice attributes, and to the World Bank on the topic of Trade Liberalization in Tunisia, Morocco, and Algeria.
Beginning in 2016, Rutström has served as the program director at Georgia State University's Center for Analysis of Economic Risk (CEAR).
[2] At Georgia State, Rutström is currently working on a paper with Arianna Galliera that focuses on risk management decisions made by families living in Atlanta.
[2] Source:[4] Rutström helped conduct an analysis of the multiple price list format to determine if it served as an appropriate method for eliciting individual choice and risk preference.
Ordering effects still present were determined to be a result of human error and the possibility of a learning curve as they moved farther down in the responses.
Overall, they found that by manipulating small features of the multiple price list format, it could be improved to provide more accurate results on risk preference.
[6] In this 2008 paper, Rutström was part of a group of researchers who conducted experiments in Denmark to jointly bring forth time and risk preferences in participants.
Isolating for these preferences in separate experiments, they determined that when examining an individual's utility, discount rates are not linear as previously assumed.
[7] In this paper, Rutström et al. examine if using the dichotomous choice method with incentive compatible questions, results in an accurate willingness to pay.
[10] Over her teaching career, Rutström has acted as PhD dissertation supervisor for more than 20 years, including the supervision of ten master and honors thesis'.
[2] Additionally, she served as a board member for the Heifetz International Music Institute (2003-2008), a non-profit organization that helps support the careers of young, talented musicians.