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Eva Elisabet (Lisa) Rutström
Current Position: Independent Researcher
Affiliations: Honorary Professor
College of Commerce
University of Cape Town
Program Director: Portfolios of Atlanta’s Poor
Center for Economic Analysis of Risk
Robinson College of Business
Georgia State University
Education
Bachelor of Economics & Business Administration, Stockholm School of Economics; 1981
Ph.D. (Economics), Stockholm School of Economics; 1990
Ph.D. Thesis
“The Political Economy of Protectionism in Indonesia: A Computable General Equilibrium
Analysis.” Advisors: Lars Bergman, Mats Lundahl, Karl-Göran Mähler.
Current Research Fields
Experimental Economics
Decision Making Under Risk and Uncertainty
Risk Portfolios of Poor Households
Responses to Congestion Pricing
Formal Ante-natal Care Acceptability in Pakistan
Inflation Perceptions
Honors and Awards
L. Fraenckel & C. Silfven Scholarship for Studies Abroad, Stockholm School of Economics,
1983 - 84.
Scholarship for Research Abroad, The Swedish Institute, 1984 -85.
The Jacob Wallenberg Foundation, Research Scholarship, Spring, 1987.
The Jacob Wallenberg Foundation, Publication Grant, Spring 1991.
Instructional Innovation Grant, University of South Carolina, Summer 1992
Research and Productive Scholarship, University of South Carolina, 1994-1995
Carolina Venture Fund, University of South Carolina, 1994-1995
CIBER research fund, University of South Carolina, 1994-1996
2
Research and Productive Scholarship, Usniversity of South Carolina, 1998
Experimental Economics Editor’s Award for best paper published in volumes 11 and 12.
European Economic Review Award for best paper published in 2014.
Professional Experience
Research Assistant, Stockholm School of Economics; “Economic effects of de-industrialization in
northern Sweden,” project leader: Professor Karl Jungenfeldt; Fall 1980.
Project participant, Stockholm School of Economics; “The Economy of the People's Republic of
China,” Spring 1981.
Teaching Assistant, Stockholm School of Economics; Fall 1980 - Spring 1983.
Research Assistant, Industriens Utrednings Institut, “Swedish and U.S. Foreign Investment”; project
leader: Dr. Robert E. Lipsey (NBER, New York); Summer 1983, Fall 1985.
Instructor, Department of Economics, University of Western Ontario; Fall 1984.
Visiting Fellow, Institute for International Economics, Stockholm University; January - March 1985.
Research Assistant, Department of Economics, University of Western Ontario, SSHRC Grant on
“Research in Applied General Equilibrium Analysis” with Glenn W. Harrison; April - June
1985.
Visiting Associate, Institute of Southeast Asian Studies, Singapore; June - September 1985.
Visiting Fellow, Department of Economics, University of Arizona; October - December 1985.
Visiting Fellow, Department of Economics, University of Melbourne, March 1986 - August 1986.
Research Assistant, Department of Economics, University of Western Ontario; SSHRC Grant on
“Research in Experimental Economics” with Glenn W. Harrison and Michael McKee;
September 1986 - December 1987.
Consultant, Centre for International Economics (Canberra), “Global Agricultural Trade Policy
Study”; June 1987 - May 1988.
Lecturer, University of New Mexico, August 1988 - May 1990.
Consultant, Law and Economics Consulting Group “Negotiating Compensation for the Effects of
Trade Policy Reform,” June 1991 - December 1991.
Consultant, Law and Economics Consulting Group, “Reforming the Common Agricultural Policy
of the European Communities: A Quantitative Evaluation of Some Negotiating Options,”
January 1991 - December 1991.
Visiting Fellow, Department of Economics, University of South Carolina, August 1990 - August
1991.
Assistant Professor, Department of Economics, University of South Carolina, August 1991 - August
1997
Consultant, Goldsmith group, “Is the Dichotomous Choice Approach Incentive Compatible?,”
January - October 1992.
Consultant, World Bank, “Morocco - EC Free Trade Association,” June1992 - July 1993.
Consultant, National Employment Commission, October - November, 1992
Consultant, American Plastics Council, February 1993 - December 1993
Consultant, World Bank, “Tunisia - EU Free Trade Association,” May 1994 - June 1995
Consultant, Electric Lite, “The Effects of Retail Deregulation on South Carolina Electricity
Markets,” August 1997
Associate Professor, Department of Economics, University of South Carolina, August 1997 - May
2003
Consultant, World Bank, “Trade Liberalizations in Morocco,” October 1998 - 2000
3
Consultant, World Bank, “Trade Liberalizations in Algeria,” October 1998 - 2000
Consultant, Office of Naval Research, “Multiattribute Choice Experiments,” 2000-2001.
Research Director, Institute for Simulation and Training, August 2003 - June 2005.
Professor, Department of Economics, University of Central Florida, August 2003 – 2010
Affiliated Faculty, Institute for Simulation and Training, University of Central Florida, April 2010 -
2012
Visiting Faculty, Department of Economics and Finance, Luiss, Rome, January 2015-May 2015
Professor, J. Mack Robinson College of Business and Department of Economics, Andrew Young
School of Policy Studies, Georgia State University, August 2010 – 2016
Honorary Professor, Department of Economics, University of Cape Town, 2014 -
Independent Researcher, Rutström Research Analytics, 2016 -
Publications
Publications: Refereed Scholarly
Note regarding order of authorship in this and following sections: Following common
practice in journals of economics and finance, the order of authorship is alphabetical and includes
only full authors. Four exceptions: Rutstrom and Redmond (1997), and Johnson, Rutstrom and
George (2006), Dixit, Rutstrom, Mard and Zielske (2010), Willer, Rutstrom, Karr, Corra, and Girard
(1999).
Harrison, Glenn W., Elizabeth Hoffman, E. Elisabet Rutstrom and Matthew L. Spitzer, “Coasian
Solutions to the Externality Problem in Experimental Markets,”, Economic Journal, 97, June
1987, 388-402, reprinted in J.D. Hey and G. Loomes (eds.), Recent Developments in
Experimental Economics (London: Edward Elgar, 1993) and J.F. Shogren (ed.),
Experiments in Environmental Economics (Aldershot, UK: Ashgate Publishing Limited,
2002).
Harrison, Glenn W., and E. Elisabet Rutstrom, “Trade Wars, Trade Negotiations and Applied Game
Theory,” Economic Journal, 101, May 1991, 420-435.
Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “L'accord de libre-échange entre le
Maroc et la CEE: une évaluation quantitative,” Revue d'Économie du Développement, 2,
1994, 97-133.
Blackburn, McKinley, Glenn W. Harrison, and E. Elisabet Rutstrom, “Statistical Bias Functions and
Informative Hypothetical Surveys,” American Journal of Agricultural Economics, 76(5),
December 1994, 1084-1088.
Cummings, Ronald G., Glenn W. Harrison, and E. Elisabet Rutstrom, “Homegrown Values and
Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive Compatible?”,
American Economic Review, 85 (1), March 1995, 260-266.
Rutstrom, E. Elisabet, “Political Preference Functions, Trade Wars, and Trade Negotiations in
Agriculture,” Empirical Economics, 20, 1995, 49-73.
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Rutstrom, E. Elisabet and Willie J. Redmond, “A Quantification of Lobbying Benefits with an
Application to the Common Agricultural Policy,” Journal of Policy Modeling, 19(6), 1997,
635-659.
Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “Morocco’s Free Trade Agreement
with the EU: A Quantitative Assessment,”Economic Modeling, 14 (2), April 1997, 237-269.
Rutstrom, E. Elisabet, “Home-grown Values and Incentive Compatible Auction Design,”
International Journal of Game Theory, 27(3), 1998, 427-441.
Rutstrom, E. Elisabet, and Melonie B. Williams, “Entitlements and Fairness: An Experimental Study
of Distributive Preferences,” Journal of Economic Behavior and Organization, 43, 2000, 75-
89.
McDaniel, Tanga M., and E. Elisabet Rutstrom, “Decision Making Costs and Problem Solving
Performance,” Experimental Economics, 4, 2001, 145-161.
Harrison, Glenn W., and E. Elisabet Rutstrom, “Doing It Both Ways -- Experimental Practice and
Heuristic Context,” Behavioral and Brain Sciences, 24(3), 2001, 413-414.
Harrison, Glenn W., Ron M. Harstand, and E. Elisabet Rutstrom, “Experimental Methods and
Elicitation of Values,” Experimental Economics, 7(2), June 2004, 123 - 140.
Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Risk Aversion
and Incentive Effects: Comment,” American Economic Review, 95(3), 2005, 897-901.
Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Temporal
Stability of Estimates of Risk Aversion,” Applied Financial Economics Letters, 1, 2005, 31-
35.
Harrison, Glenn W., and Elisabet E. Rutstrom, “Eliciting Subjective Beliefs about Mortality Risk
Orderings,” Environmental and Resource Economics, 33, 2006, 325-346.
Van Boening, Mark, Tanja F. Blackstone, Michael McKee, and Elisabet Rutstrom, “Benefit
Packages and Individual Behavior: Choices Over Discrete Goods with Multiple Attributes,”
Managerial and Decision Economics, 27(6), September 2006, 511-526.
Johnson, Laurie T., E. Elisabet Rutstrom, and J. Gregory George, “Income Distributional
Preferences: The Role of History,” Journal of Economic Behavior and Organization, 61(2),
October 2006, 181-198.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Elicitation Using
Multiple Price List formats,” Experimental Economics, 9(4), 2006, 383-405.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Valuation using
Multiple Price List format,” Applied Economics, 39(6), April 2007, 675-682.
Bullock, David S., and E. Elisabet Rutstrom, “Policy Making and Rent-Dissipation: An
Experimental Test,” Experimental Economics, 10(1), March 2007, 21-36.
Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Estimating Risk Attitudes in
Denmark,” Scandinavian Journal of Economics, 109(2), June 2007, 341-368.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Lost in State
Space: Are Preferences Stable?” International Economic Review, 49(3), August 2008, 1091-
1112.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Eliciting Risk and
Time Preferences,” Econometrica, (76) 3, May 2008, 583-618.
Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Risk Attitudes, Randomization to
Treatments, and Self-Selection into Experiments,” Journal of Economic Behavior and
Organization 70, 2009, 498-507.
Harrison, Glenn W., and E. Elisabet Rutstrom, “Expected Utility Theory and Prospect Theory: One
Wedding and a Decent Funeral,” Experimental Economics, 12(2), May 2009, 133-158.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Preference
Heterogeneity in Experiments: Comparing the Lab and the Field,” Journal of Economic
Behavior and Organization, 73, 2010, 209-224.
Fiore, Stephen M., Glenn W. Harrison, Charles E. Hughes, and E. Elisabet Rutstrom, “Virtual
Experiments and Environmental Policy,” Journal of Environmental and Economic
Management, 57(1), January 2009, 65-86.
Botelho, Anabela, Glenn W. Harrison, Lígia M. Costa Pinto, and Elisabet E. Rutstrom, “Testing
Static Game Theory with Dynamic Experiments: A Case Study of Public Goods,” Games
and Economic Behavior, 1(67), September 2009, 253-265.
Rutstrom, E. Elisabet, and Nathaniel T. Wilcox, “Stated Beliefs Versus Inferred Beliefs: A
Methodological Inquiry and Experimental Test,” Games and Economic Behavior, 2(67),
November 2009, 616-632.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and Elisabet E. Rutstrom, “Behavioral
Econometrics for Psychologists,” Journal of Economic Psychology, 31, 2010, 553-756.
Dixit, Vinayak, Elisabet E. Rutstrom, Michael S. Mard, and Ryan O. Zielske, “Transit Referenda and
Funding Options”, Transportation Research Record, Journal of the Transportation Research
Board, 2143, Transit 2010, Vol 1, 2010, 44-47.
Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Individual Discount Rates and
Smoking: Evidence from a Field Experiment in Denmark”, Journal of Health Economics,
29, 2010, 708-717.
Harrison, Glenn W., Ernan Haruvy, and E. Elisabet Rutstrom, “Remarks on Virtual World and
Virtual Reality Experiments,” Southern Economic Journal, 78, 1, July 2011, 87-94.
Coller, Maribeth, Glenn W. Harrison, and E. Elisabet Rutstrom, “Latent Process Heterogeneity in
Discounting Behavior”, Oxford Economic Papers, 64, 375-391, 2012
Chakravarty, Sujoy, Glenn W. Harrison, Ernan E. Haruvy, and E. Elisabet Rutstrom, “Are You Risk
Averse over Other Peoples’ Money?”, Southern Economic Journal, 77,4, April 2011.
Andersen, Steffen, John Fountain, Glenn W. Harrison, Arne Risa Hole, and E. Elisabet Rutstrom,
“Inferring Beliefs as Subjectively Imprecise Probabilities”, Theory and Decision, 73, 1, July
2012.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Non-Linear
Mixed Logit”, Theory and Decision, 73(1), July 2012, 77-96
Harrison, Glenn W., Morten Igel Lau, E. Elisabet Rutstrom , and Marcela Tarazona, “Preferences
Over Social Risk,” Oxford Economic Papers, 65, 25-46, 2012.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Discounting
Behavior and the Magnitude Effect: Evidence from a Field Experiment in Denmark,”
Economica, 320(80), 670-697, October 2013
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Dual Criteria
Decisions,” Journal of Economic Psychology, 41, 101-113, April 2014.
Andersen, Steffen, John Fountain, Glenn W. Harrison, and E. Elisabet Rutstrom, “Estimating
Subjective Probabilities,” Journal of Risk and Uncertainty, 48(3), 207-229, June 2014.
Dixit, Vinayak, Harrison, Glenn W., and E. Elisabet Rutstrom, “Estimating the subjective risk of
driving simulator accidents”, Accident Analysis and Prevention, 62, 63-78, January 2014.
Andersen, Steffen, Glenn W. Harrison, Morten I Lau, and E. Elisabet Rutstrom, “Discounting
Behavior: A Reconsideration,” WP 2011-03 Center for Economic Analysis of Risk, Georgia
State University. European Economic Review, 71, pp. 15-23, 2014.
Dixit, Vinayak, Harb, Rami C., Martinez-Correa, Jimmy, and E. Elisabet Rutstrom, “Measuring Risk
Aversion to Guide Transportation Policy: Naturalistic Tasks and Respondents”, DBEL-
WP1301, Transportation Research Part A: Policy and Practice, v80, pp. 15-34, October
2015.
Publications: Books and Monographs
Harrison, Glenn W., and E. Elisabet Rutstrom, “The Effect of Manufacturing Sector Protection in
ASEAN and Australia: A General Equilibrium Analysis,” in C. Findlay and R. Garnaut
(eds.), The Political Economy of Manufacturing Protection: Experiences of ASEAN and
Australia (Sydney: George Allen & Unwin, 1987).
Harrison, Glenn W., Michael McKee, and E. Elisabet Rutstrom, “Experimental Evaluation of
Institutions of Monopoly Restraint,” in L. Green and J.H. Kagel (eds.), Advances in
Behavioral Economics (Norwood: Ablex Publishing Corporation, Volume 2, 1989).
Harrison, Glenn W., E. Elisabet Rutstrom, and Randall Wigle, “Costs of Agricultural Trade Wars,”
in A.B. Stoeckel, D. Vincent, and S. Cuthbertson (eds.), Macroeconomic Consequences of
Farm Support Policies (Durham: Duke University Press, 1989).
Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “A Free Trade Agreement Between
the EU and a Representative Arab Mediterranean Country,” in B. Hoekman and J. Zarrouk
(eds.), Catching Up with the Competition: Trade Policy Challenges and Options for the
Middle East and North Africa (Ann Arbor: University of Michigan Press, 1999).
Harrison, Glenn W., and E. Elisabet Rutstrom, “Sequential Bargaining Games,” Encyclopedia of
Cognitive Science, London: The Nature Publishing Group, McMillan Publishers Ltd., 2002.
Botelho, Anabela, Glenn W. Harrison, Marc Hirsch, and Elisabet E. Rutstrom, “Bargaining
Behavior, Demographics, and Nationality: A Reconsideration of the Experimental
Evidence,” Field Experiments in Economics, Carpenter, Jeffrey; Harrison, Glenn W., and
List, John (eds), (Greenwich, CT: JAI Press, Research in Experimental Economics, Volume
10), 2005, 337-372.
Harrison, Glenn W., Morten I. Lau, Elisabet E. Rutstrom, and Melonie B. Sullivan, “Eliciting Risk
and Time Preferences Using Field Experiments: Some Methodological Issues,” Field
Experiments in Economics, Carpenter, Jeffrey, Harrison, Glenn W., and List, John (eds),
(Greenwich, CT: JAI Press, Research in Experimental Economics, Volume 10), 2005, 125-
218.
Harrison, Glenn W., and E. Elisabet Rutstrom, “Experimental Evidence on the Existence of
Hypothetical Bias in Value Elicitation Methods,” in C.R. Plott and V.L. Smith (eds.),
Handbook of Experimental Economics Results, Volume 1. Amsterdam: North-Holland,
2008, 752-767.
Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Measurement
with Experimental Controls,” in M. Boumans (ed.), Measurement in Economics: A
Handbook, Academic Press, (San Diego: Elsevier), Chapter 4, 79-104.
George, J. Gregory, Laurie T. Johnson, and E. Elisabet Rutstrom, “Social Preferences in the Face of
Regulatory Change,” Experimental Methods in Environmental Economics, (Todd L. Cherry,
Stephan Kroll, Jason F. Shogren Eds.), Routledge, UK, Chapter 16, December 2007.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Risk Aversion in
Game Shows,” in J.C. Cox and G. W. Harrison (eds.), Risk Aversion in Experiments
(Bingley, UK: Emerald, Research in Experimental Economics, Volume 12, 2008).
Harrison, Glenn W., and E. Elisabet Rutstrom, “Risk Aversion in the Laboratory,” in J.C. Cox and
G. W. Harrison (eds.), Risk Aversion in Experiments (Bingley, UK: Emerald, Research in
Experimental Economics, Volume 12, 2008).
Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Theory, Experimental Design and
Econometrics Are Complementary (And So Are Lab and Field Experiments)”, in Handbook
of Experimental Economic Methodology, G. Frechette and A. Schotter (eds.), New York,
Oxford University Press, pp. 296 – 338, 2015.
Publications: Non-Refereed and Other
Appelgren, Jörgen, Per-Anders Ovin, and E. Elisabet Rutstrom, “Utrikeshandelns Utveckling,”
[Development of Foreign Trade] in E. Berglöf et. al. (eds.), Kina -- Världens Största
Utvecklingsland [China - The World’s Largest Developing Country] (Stockholm: Economic
Research Institute (EFI), Stockholm School of Economics, 1981). [in Swedish]
Appelgren, Jörgen, and E. Elisabet Rutstrom, “Exporttillväxt - En Förutsättning för ökad Import,”
[Export Growth - A Prerequisite for Import Expansion] in E. Berglöf et. al.(eds.), Kina --
Världens Största Utvecklingsland (Stockholm: Economic Research Institute (EFI), 1981). [in
Swedish]
Rutstrom, E. Elisabet, The Political Economy of Protectionism in Indonesia: A Computable
General Equilibrium Analysis. Economic Research Institut (EFI), Stockholm School of
Economics, June 1991.
Harrison, Glenn W., and E. Elisabet Rutstrom, Instructor’s Manual to J.E. Stiglitz, Economics (New
York: W.W. Norton, 1993).
Addison, John, Nancy Bord, Glenn W. Harrison, and E. Elisabet Rutstrom, Measuring Employment
Effects in the Regulatory Process: Recommendations and Background Study, National
Commission for Employment Policy, Special Report #34, January 1993.
Willer, David, Lisa Rutstrom, Linda B. Karr, Mamadi Corra, and Dudley Girard, “A Web-Lab to
Enhance Social Science Infrastructure,” Journal of Knowledge Management, 3(4), 1999, 276-
287.
Dixit, Vinayak V., Rami C. Harb, Glenn W. Harrison, Donald Marco, A. Essam Radwan, E. Elisabet
Rutstrom, and Mark P. Schneider, “Review of Congestion Pricing Experiences,” Report to
Federal Highway Administration, July 2010.
Unpublished Manuscripts
Rutstrom, E. Elisabet, “In Search of a Reconciliation of Results in Predatory Pricing Experiments,”
Unpublished Manuscript, Department of Economics, University of Western Ontario, 1986.
Harrison, Glenn W., and E. Elisabet Rutstrom, “Computing Nash Equilibria in General Equilibrium
Trade Models,” Unpublished Manuscript, Department of Economics, University of Western
Ontario, Contributed Paper, IIASA Task force Meeting on Computable General
Equilibrium Models, Laxenburg, 1986.
Rutstrom, E. Elisabet, “Friends, Enemies and Rent-seeking: Who Protects Whom in Indonesia?”
Working Paper B-92-04, Department of Economics, University of South Carolina, 1992.
Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “Morocco’s Free Trade Agreement
with the European Community; A Quantitative Assessment,” World Bank Working Papers,
WPS 1173, 1993.
McDaniel, Tanga, E. Elisabet Rutstrom, and Melonie Williams, “Incorporating Fairness into Game
Theory and Economics; An Experimental Test with Incentive Compatible Belief
Elicitation,” Unpublished Manuscript, Department of Economics, University of South
Carolina, 1994.
Morrison, William G., and E. Elisabet Rutstrom, “On Reciprocity and Psychological Equilibria in an
Investment Experiment,” Unpublished Manuscript, Department of Economics, University
of South Carolina, 2002.
Rutstrom, E. Elisabet, “Sparing the Rod Does Not Spoil the Child,” Unpublished Manuscript,
Department of Economics, University of Central Florida, 2002.
Harrison, Glenn W., E. Elisabet Rutstrom, and Nathaniel T. Wilcox, “Heterogeneity and the
Characterization of Risk Attitudes,” Unpublished Manuscript, January 2004.
Elston, Julie, Glenn W. Harrison, and E. Elisabet Rutstrom, “Characterizing the Entrepreneur using
Field Experiments,” Working Paper 05-30, Department of Economics, University of Central
Florida, October 2005.
Harrison, Glenn W., Eric Johnson, Melayne McInnes, and E. Elisabet Rutstrom, “Individual Choice
and Risk Aversion in the Laboratory: A Reconsideration,” Working Paper 03-18,
Department of Economics, University of Central Florida, May 2005.
Botelho, Anabela, Glenn W. Harrison, Ligia M. Pinto, E. Elisabet Rutstrom, and Paula Veiga,
“Discounting in Developing Countries - Experimental Evidence from Timor Leste,”
Working Paper 05-31, Department of Economics, University of Central Florida, August
2005.
Harrison, Glenn W., Richard Hofler, and E. Elisabet Rutstrom, “Characterizing Cognitive
Production Frontiers,” February 2006.
Andersen, Steffen, Glenn W. Harrison, and E. Elisabet Rutstrom, “Dynamic Choice Behavior: Asset
Integration and Natural Reference Points,” Working Paper 06-07, Department of
Economics, University of Central Florida, September 2006.
Elston Julie A., Glenn W. Harrison, and E. Elisabet Rutstrom, “Experimental Economics,
Entrepreneurs and the Entry Decision,” Working Paper WP 06-06, Department of
Economics, University of Central Florida, May 2006.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Dynamic Choice
Behavior in Natural Experiments,” Working Paper 06-10, Department of Economics,
University of Central Florida, October 2006.
Botelho, Anabela, Glenn W. Harrison, Ligia Costa Pinto, and E. Elisabet Rutstrom, “Social Norms
and Social Choice,” Working Paper 05-23, Department of Economics, University of Central
Florida, revision August 2007.
Andersen Steffen, Harrison, Glenn W., Morten Igel Lau, and E. Elisabet Rutstrom, “Temporal
Consistency of Discounting Functions: Evidence From A Longitudinal Field Experiment,”
Unpublished Manuscript, Georgia State University, November 2012.
Harrison, Glenn W., Morten Igel Lau, and E. Elisabet Rutstrom, “Identifying Time Preferences
With Experiments: Comment”, Unpublished Manuscript, February 2013.
Andersen, Steffen, Vinayak V. Dixit, Jimmy Martinez-Correa, and E. Elisabet Rutstrom, “When the
Field Is Not Enough: Using Complementary Field and Lab Experiments to Investigate
Congestion Pricing Responses”, DBEL-WP1403, April 2014.
Harrison, Glenn W., Jared M. Johnson and E. Elisabet Rutstrom, “Risk Perceptions in the Virtual
Wilderness”, DBEL-WP1404, July 2014.
George, J., Greg, Harrison, Glenn W., E. Elisabet Rutstrom, and Shabori Sen, “Behavior Towards
Risk Mitigation: An Experiment with Wild Fire Risks,” WP 2010-03 Center for the
Economic Analysis of Risk, Georgia State University, January 2010, revised Unpublished
Manuscript January 2013.
Dixit, Vinayak V., Andreas Ortmann, E. Elisabet Rutstrom, and Satish V. Ukkusury,
“Understanding Transportation Systems through the Lenses of Experimental Economics: A
Review”, SSRN: http://ssrn.com/abstract=2546881, September 2016.
Andersen, Steffen, James C. Cox, Glenn W. Harrison, Morten I. Lau, E. Elisabet Rutstrom, and
Vjollca Sadiraj, “Asset Integration and Attitudes to Risk: Theory and Evidence,” WP 2011-
17 Center for Economic Analysis of Risk, Georgia State University, Revised manuscript July
2015.
Harb, Rami C., E. Elisabet Rutstrom, and Petros Xanthopoulos, ”Putting Your Money Where Your
Mouth Is: Do Drivers Who Avoid Roads That Are Priced Favor Road Pricing?” DBEL-
WP1403-2 and DBEL-WP1502, Robinson College of Business, Georgia State University,
September 2015.
Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Multiattribute
Utility Theory, Intertemporal Utility and Correlation Aversion,” WP 2011-04 Center for
Economic Analysis of Risk, Georgia State University, Revised manuscript September 2016.
Ongoing Research
Willingness to Access Healthcare and Implications for Infant and Maternal Mortality in Rural
Pakistan, with Musharraf Cyan and Mark Rider
Using Social Anchors to Increase the Willingness to Access Prenatal and Neonatal Healthcare in
Remote Areas of Pakistan, with Musharraf Cyan and Richard Rothenberg.
Portfolios of Atlanta’s Poor, with Stephen Shore.
Cordon Charges in Experimental Transportation Networks, with Enrica Carbone and Vinayak
Dixit.
Using Experiments to Measure Inflation Expectations among Consumers, with Glenn Harrison,
Michael Bryan, Brent Meyer, and Nicolas Parker.
Externally-Funded Research Projects
NSF MRI Grant 9871019, 1998, “ExNet III: A Multifunctional Instrument for Social Science
Experimentation,” with David Willer, $179,800
NSF/DLI-Phase 2 Grant 9817518, 1999, “A Software and Data Library for Experiments,
Simulations, and Archiving,” with David Willer, $1,211,680
NSF POWRE Grant 9973669, 1999, “An Experimental Study of Power, Equity, and Distributional
Preferences,” $73,557
National Science Foundation, NSF/HSD 0527675, co-PI, “Cognition in Natural Environments:
Using Simulated Scenarios in Complex Decision Making Experiments,” Human and Social
Dynamics Program, Directorate for Social, Behavioral, and Economic Sciences (with Stephen
M. Fiore, Charles E. Hughes, Glenn W. Harrison, and Eduardo Salas); 2006-2009; $647,430.
National Science Foundation, NSF/SES 0616746, co-PI, “Naturally Occurring Noise: Experimental
Economics & Stochastic Production Frontier Models,” Methodology, Measurement, and
Statistics Program, Directorate for Social, Behavioral, and Economic Sciences (with Glenn
W. Harrison and Richard Hofler); 2006-2008, $65,000.
Danish Social Science Research Council, co-PI, “Intertemporal Choice in Denmark: A Longitudinal
Field Experiment” (with Steffen Andersen, Glenn W. Harrison, and Morten I. Lau); 2009-
2011; 4.99 million kroner (roughly $845k).
United States Federal Highway Administration, co-PI, “Behavioral Sciences Approach to testing,
Validating and Establishing Best Practices for Alternative Highway Revenue Collection:
Experiments on Driving Under Uncertain Congestion Conditions and the Effects on Traffic
Networks from Congestion Pricing Initiatives,” Cooperative Agreement DTFH61-09-H-
00012 (with Glenn W. Harrison, Essam Radwan, and Ronald Tarr); 2009-2014; $1,999,974.
Federal Reserve Bank of Atlanta, co-PI, “Research on Inflation Experiments”, (with Glenn W.
Harrison), $160,050, 2013-14.
Australian Research Council, International Collaboration Award, A$25,644, 2015-2018, as part of
DP150103299 “Investigating travel choice behavior: a new approach”, awarded to the
University of Sydney, A$677, 800
World Bank and FATA Secretariat, Pakistan, “Social Anchoring of Lady Health Workers to Enhance
Uptake of Health Services and for Service Delivery Governance in FATA”, jointly with ICePP
in Andrew Young School of Policy, Georgia State University, 2015-16.
Teaching Experience
1980 - 1983, Stockholm School of Economics: Colloquia in Introductory Economics, Intermediate
Macroeconomics and Microeconomics.
1984 University of Western Ontario: Introductory Economics.
1988 - 1990, University of New Mexico: Introductory Microeconomics, International Trade Policy.
1991 - 2003 University of South Carolina: International Trade Theory and Policy; Micro-economics,
Game Theory, Experimental Economics, Principles of Economics
2003 - 2010 University of Central Florida, Principles of Micro-Economics, Intermediate Micro
Economics, Development Economics, Game Theory, Global Economics, Advanced Micro
Economic Analysis, Experimental Economics
2011 -2016 Georgia State University, Executive MBA Managerial Economics, Principles of Micro
Economics
Ph.D. Dissertation Supervision
Committee member:
Paulino Teixera, USC, 1993
Melonie Williams, USC, 1995
Tanga McDaniel, USC, 1995
Steven Nape, USC, 1996
Anabela Botelho Veloso, USC 1999
Ligia Costa Pinto, USC, 1999
Scott Bowdoin, USC, 2002
Mahmadi Corra, USC Sociology, 2001
Karl Wang, USC Accounting, 2003
Isabel Moura, USC, 2004
Shabori Sen, UCF, 2010
David Rivenbark, UCF, 2010
Santikorn Pamornpathomkul, UCF, 2011
Fan Liu, GSU-RMI, 2012
Chris Mothorpe, GSU-Economics, 2014
Chair of committee:
Mark Hirsch, USC 1995
Rob Beekman, USC 1998
Tara Nussman, USC 1999
Willie Redmond, USC 1999
Greg George, USC 2002
Yingyot Chiaravutthi, USC 2002
Ming Tsang, GSU 2016
Masters and Honors Thesis supervision
Brent Simpson, USC Sociology, 1998
Kyle Hampton, USC 1999
Peter Ganss, USC 2001
Armelle Decaup, USC 2003
Mark Schneider, USC 2005
Rob Schmidt, USC 2006
Chen Ling, UCF 2009
Federica Pallante, LUISS 2015
Letizia Ciarcia, LUISS 2016
Daniele Mitrani, LUISS 2016
Service Activities Internal to the University
Director ExLab (an online research infrastructure for experimental research in the Social Sciences
funded by the NSF and supported by the College of Business Administration, University of
Central Florida, 1996-2010).
Graduate Director, Department of Economics, University of Central Florida, 2008-2010.
Director, Dean’s Behavioral Economics Laboratory, Robinson College of Business, Georgia State
University, 2010 - 2016
Service Activities in Academic and Professional Organizations
Associate Editor, European Economic Review 2005-09.
Reviewer academic journals
Service to the Community
Board member ACLU South Carolina, 1999-2002
President ACLU South Carolina 2000-2002
Board member Heifetz International Music Institute, 2003-2008

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LisaRutstromVita October 2016

  • 1. 1 Eva Elisabet (Lisa) Rutström Current Position: Independent Researcher Affiliations: Honorary Professor College of Commerce University of Cape Town Program Director: Portfolios of Atlanta’s Poor Center for Economic Analysis of Risk Robinson College of Business Georgia State University Education Bachelor of Economics & Business Administration, Stockholm School of Economics; 1981 Ph.D. (Economics), Stockholm School of Economics; 1990 Ph.D. Thesis “The Political Economy of Protectionism in Indonesia: A Computable General Equilibrium Analysis.” Advisors: Lars Bergman, Mats Lundahl, Karl-Göran Mähler. Current Research Fields Experimental Economics Decision Making Under Risk and Uncertainty Risk Portfolios of Poor Households Responses to Congestion Pricing Formal Ante-natal Care Acceptability in Pakistan Inflation Perceptions Honors and Awards L. Fraenckel & C. Silfven Scholarship for Studies Abroad, Stockholm School of Economics, 1983 - 84. Scholarship for Research Abroad, The Swedish Institute, 1984 -85. The Jacob Wallenberg Foundation, Research Scholarship, Spring, 1987. The Jacob Wallenberg Foundation, Publication Grant, Spring 1991. Instructional Innovation Grant, University of South Carolina, Summer 1992 Research and Productive Scholarship, University of South Carolina, 1994-1995 Carolina Venture Fund, University of South Carolina, 1994-1995 CIBER research fund, University of South Carolina, 1994-1996
  • 2. 2 Research and Productive Scholarship, Usniversity of South Carolina, 1998 Experimental Economics Editor’s Award for best paper published in volumes 11 and 12. European Economic Review Award for best paper published in 2014. Professional Experience Research Assistant, Stockholm School of Economics; “Economic effects of de-industrialization in northern Sweden,” project leader: Professor Karl Jungenfeldt; Fall 1980. Project participant, Stockholm School of Economics; “The Economy of the People's Republic of China,” Spring 1981. Teaching Assistant, Stockholm School of Economics; Fall 1980 - Spring 1983. Research Assistant, Industriens Utrednings Institut, “Swedish and U.S. Foreign Investment”; project leader: Dr. Robert E. Lipsey (NBER, New York); Summer 1983, Fall 1985. Instructor, Department of Economics, University of Western Ontario; Fall 1984. Visiting Fellow, Institute for International Economics, Stockholm University; January - March 1985. Research Assistant, Department of Economics, University of Western Ontario, SSHRC Grant on “Research in Applied General Equilibrium Analysis” with Glenn W. Harrison; April - June 1985. Visiting Associate, Institute of Southeast Asian Studies, Singapore; June - September 1985. Visiting Fellow, Department of Economics, University of Arizona; October - December 1985. Visiting Fellow, Department of Economics, University of Melbourne, March 1986 - August 1986. Research Assistant, Department of Economics, University of Western Ontario; SSHRC Grant on “Research in Experimental Economics” with Glenn W. Harrison and Michael McKee; September 1986 - December 1987. Consultant, Centre for International Economics (Canberra), “Global Agricultural Trade Policy Study”; June 1987 - May 1988. Lecturer, University of New Mexico, August 1988 - May 1990. Consultant, Law and Economics Consulting Group “Negotiating Compensation for the Effects of Trade Policy Reform,” June 1991 - December 1991. Consultant, Law and Economics Consulting Group, “Reforming the Common Agricultural Policy of the European Communities: A Quantitative Evaluation of Some Negotiating Options,” January 1991 - December 1991. Visiting Fellow, Department of Economics, University of South Carolina, August 1990 - August 1991. Assistant Professor, Department of Economics, University of South Carolina, August 1991 - August 1997 Consultant, Goldsmith group, “Is the Dichotomous Choice Approach Incentive Compatible?,” January - October 1992. Consultant, World Bank, “Morocco - EC Free Trade Association,” June1992 - July 1993. Consultant, National Employment Commission, October - November, 1992 Consultant, American Plastics Council, February 1993 - December 1993 Consultant, World Bank, “Tunisia - EU Free Trade Association,” May 1994 - June 1995 Consultant, Electric Lite, “The Effects of Retail Deregulation on South Carolina Electricity Markets,” August 1997 Associate Professor, Department of Economics, University of South Carolina, August 1997 - May 2003 Consultant, World Bank, “Trade Liberalizations in Morocco,” October 1998 - 2000
  • 3. 3 Consultant, World Bank, “Trade Liberalizations in Algeria,” October 1998 - 2000 Consultant, Office of Naval Research, “Multiattribute Choice Experiments,” 2000-2001. Research Director, Institute for Simulation and Training, August 2003 - June 2005. Professor, Department of Economics, University of Central Florida, August 2003 – 2010 Affiliated Faculty, Institute for Simulation and Training, University of Central Florida, April 2010 - 2012 Visiting Faculty, Department of Economics and Finance, Luiss, Rome, January 2015-May 2015 Professor, J. Mack Robinson College of Business and Department of Economics, Andrew Young School of Policy Studies, Georgia State University, August 2010 – 2016 Honorary Professor, Department of Economics, University of Cape Town, 2014 - Independent Researcher, Rutström Research Analytics, 2016 - Publications Publications: Refereed Scholarly Note regarding order of authorship in this and following sections: Following common practice in journals of economics and finance, the order of authorship is alphabetical and includes only full authors. Four exceptions: Rutstrom and Redmond (1997), and Johnson, Rutstrom and George (2006), Dixit, Rutstrom, Mard and Zielske (2010), Willer, Rutstrom, Karr, Corra, and Girard (1999). Harrison, Glenn W., Elizabeth Hoffman, E. Elisabet Rutstrom and Matthew L. Spitzer, “Coasian Solutions to the Externality Problem in Experimental Markets,”, Economic Journal, 97, June 1987, 388-402, reprinted in J.D. Hey and G. Loomes (eds.), Recent Developments in Experimental Economics (London: Edward Elgar, 1993) and J.F. Shogren (ed.), Experiments in Environmental Economics (Aldershot, UK: Ashgate Publishing Limited, 2002). Harrison, Glenn W., and E. Elisabet Rutstrom, “Trade Wars, Trade Negotiations and Applied Game Theory,” Economic Journal, 101, May 1991, 420-435. Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “L'accord de libre-échange entre le Maroc et la CEE: une évaluation quantitative,” Revue d'Économie du Développement, 2, 1994, 97-133. Blackburn, McKinley, Glenn W. Harrison, and E. Elisabet Rutstrom, “Statistical Bias Functions and Informative Hypothetical Surveys,” American Journal of Agricultural Economics, 76(5), December 1994, 1084-1088. Cummings, Ronald G., Glenn W. Harrison, and E. Elisabet Rutstrom, “Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive Compatible?”, American Economic Review, 85 (1), March 1995, 260-266. Rutstrom, E. Elisabet, “Political Preference Functions, Trade Wars, and Trade Negotiations in Agriculture,” Empirical Economics, 20, 1995, 49-73.
  • 4. 4 Rutstrom, E. Elisabet and Willie J. Redmond, “A Quantification of Lobbying Benefits with an Application to the Common Agricultural Policy,” Journal of Policy Modeling, 19(6), 1997, 635-659. Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “Morocco’s Free Trade Agreement with the EU: A Quantitative Assessment,”Economic Modeling, 14 (2), April 1997, 237-269. Rutstrom, E. Elisabet, “Home-grown Values and Incentive Compatible Auction Design,” International Journal of Game Theory, 27(3), 1998, 427-441. Rutstrom, E. Elisabet, and Melonie B. Williams, “Entitlements and Fairness: An Experimental Study of Distributive Preferences,” Journal of Economic Behavior and Organization, 43, 2000, 75- 89. McDaniel, Tanga M., and E. Elisabet Rutstrom, “Decision Making Costs and Problem Solving Performance,” Experimental Economics, 4, 2001, 145-161. Harrison, Glenn W., and E. Elisabet Rutstrom, “Doing It Both Ways -- Experimental Practice and Heuristic Context,” Behavioral and Brain Sciences, 24(3), 2001, 413-414. Harrison, Glenn W., Ron M. Harstand, and E. Elisabet Rutstrom, “Experimental Methods and Elicitation of Values,” Experimental Economics, 7(2), June 2004, 123 - 140. Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Risk Aversion and Incentive Effects: Comment,” American Economic Review, 95(3), 2005, 897-901. Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Temporal Stability of Estimates of Risk Aversion,” Applied Financial Economics Letters, 1, 2005, 31- 35. Harrison, Glenn W., and Elisabet E. Rutstrom, “Eliciting Subjective Beliefs about Mortality Risk Orderings,” Environmental and Resource Economics, 33, 2006, 325-346. Van Boening, Mark, Tanja F. Blackstone, Michael McKee, and Elisabet Rutstrom, “Benefit Packages and Individual Behavior: Choices Over Discrete Goods with Multiple Attributes,” Managerial and Decision Economics, 27(6), September 2006, 511-526. Johnson, Laurie T., E. Elisabet Rutstrom, and J. Gregory George, “Income Distributional Preferences: The Role of History,” Journal of Economic Behavior and Organization, 61(2), October 2006, 181-198. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Elicitation Using Multiple Price List formats,” Experimental Economics, 9(4), 2006, 383-405. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Valuation using Multiple Price List format,” Applied Economics, 39(6), April 2007, 675-682.
  • 5. Bullock, David S., and E. Elisabet Rutstrom, “Policy Making and Rent-Dissipation: An Experimental Test,” Experimental Economics, 10(1), March 2007, 21-36. Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Estimating Risk Attitudes in Denmark,” Scandinavian Journal of Economics, 109(2), June 2007, 341-368. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Lost in State Space: Are Preferences Stable?” International Economic Review, 49(3), August 2008, 1091- 1112. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Eliciting Risk and Time Preferences,” Econometrica, (76) 3, May 2008, 583-618. Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Risk Attitudes, Randomization to Treatments, and Self-Selection into Experiments,” Journal of Economic Behavior and Organization 70, 2009, 498-507. Harrison, Glenn W., and E. Elisabet Rutstrom, “Expected Utility Theory and Prospect Theory: One Wedding and a Decent Funeral,” Experimental Economics, 12(2), May 2009, 133-158. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Preference Heterogeneity in Experiments: Comparing the Lab and the Field,” Journal of Economic Behavior and Organization, 73, 2010, 209-224. Fiore, Stephen M., Glenn W. Harrison, Charles E. Hughes, and E. Elisabet Rutstrom, “Virtual Experiments and Environmental Policy,” Journal of Environmental and Economic Management, 57(1), January 2009, 65-86. Botelho, Anabela, Glenn W. Harrison, Lígia M. Costa Pinto, and Elisabet E. Rutstrom, “Testing Static Game Theory with Dynamic Experiments: A Case Study of Public Goods,” Games and Economic Behavior, 1(67), September 2009, 253-265. Rutstrom, E. Elisabet, and Nathaniel T. Wilcox, “Stated Beliefs Versus Inferred Beliefs: A Methodological Inquiry and Experimental Test,” Games and Economic Behavior, 2(67), November 2009, 616-632. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and Elisabet E. Rutstrom, “Behavioral Econometrics for Psychologists,” Journal of Economic Psychology, 31, 2010, 553-756. Dixit, Vinayak, Elisabet E. Rutstrom, Michael S. Mard, and Ryan O. Zielske, “Transit Referenda and Funding Options”, Transportation Research Record, Journal of the Transportation Research Board, 2143, Transit 2010, Vol 1, 2010, 44-47. Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Individual Discount Rates and Smoking: Evidence from a Field Experiment in Denmark”, Journal of Health Economics, 29, 2010, 708-717.
  • 6. Harrison, Glenn W., Ernan Haruvy, and E. Elisabet Rutstrom, “Remarks on Virtual World and Virtual Reality Experiments,” Southern Economic Journal, 78, 1, July 2011, 87-94. Coller, Maribeth, Glenn W. Harrison, and E. Elisabet Rutstrom, “Latent Process Heterogeneity in Discounting Behavior”, Oxford Economic Papers, 64, 375-391, 2012 Chakravarty, Sujoy, Glenn W. Harrison, Ernan E. Haruvy, and E. Elisabet Rutstrom, “Are You Risk Averse over Other Peoples’ Money?”, Southern Economic Journal, 77,4, April 2011. Andersen, Steffen, John Fountain, Glenn W. Harrison, Arne Risa Hole, and E. Elisabet Rutstrom, “Inferring Beliefs as Subjectively Imprecise Probabilities”, Theory and Decision, 73, 1, July 2012. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Non-Linear Mixed Logit”, Theory and Decision, 73(1), July 2012, 77-96 Harrison, Glenn W., Morten Igel Lau, E. Elisabet Rutstrom , and Marcela Tarazona, “Preferences Over Social Risk,” Oxford Economic Papers, 65, 25-46, 2012. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Discounting Behavior and the Magnitude Effect: Evidence from a Field Experiment in Denmark,” Economica, 320(80), 670-697, October 2013 Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Dual Criteria Decisions,” Journal of Economic Psychology, 41, 101-113, April 2014. Andersen, Steffen, John Fountain, Glenn W. Harrison, and E. Elisabet Rutstrom, “Estimating Subjective Probabilities,” Journal of Risk and Uncertainty, 48(3), 207-229, June 2014. Dixit, Vinayak, Harrison, Glenn W., and E. Elisabet Rutstrom, “Estimating the subjective risk of driving simulator accidents”, Accident Analysis and Prevention, 62, 63-78, January 2014. Andersen, Steffen, Glenn W. Harrison, Morten I Lau, and E. Elisabet Rutstrom, “Discounting Behavior: A Reconsideration,” WP 2011-03 Center for Economic Analysis of Risk, Georgia State University. European Economic Review, 71, pp. 15-23, 2014. Dixit, Vinayak, Harb, Rami C., Martinez-Correa, Jimmy, and E. Elisabet Rutstrom, “Measuring Risk Aversion to Guide Transportation Policy: Naturalistic Tasks and Respondents”, DBEL- WP1301, Transportation Research Part A: Policy and Practice, v80, pp. 15-34, October 2015. Publications: Books and Monographs Harrison, Glenn W., and E. Elisabet Rutstrom, “The Effect of Manufacturing Sector Protection in ASEAN and Australia: A General Equilibrium Analysis,” in C. Findlay and R. Garnaut (eds.), The Political Economy of Manufacturing Protection: Experiences of ASEAN and Australia (Sydney: George Allen & Unwin, 1987).
  • 7. Harrison, Glenn W., Michael McKee, and E. Elisabet Rutstrom, “Experimental Evaluation of Institutions of Monopoly Restraint,” in L. Green and J.H. Kagel (eds.), Advances in Behavioral Economics (Norwood: Ablex Publishing Corporation, Volume 2, 1989). Harrison, Glenn W., E. Elisabet Rutstrom, and Randall Wigle, “Costs of Agricultural Trade Wars,” in A.B. Stoeckel, D. Vincent, and S. Cuthbertson (eds.), Macroeconomic Consequences of Farm Support Policies (Durham: Duke University Press, 1989). Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “A Free Trade Agreement Between the EU and a Representative Arab Mediterranean Country,” in B. Hoekman and J. Zarrouk (eds.), Catching Up with the Competition: Trade Policy Challenges and Options for the Middle East and North Africa (Ann Arbor: University of Michigan Press, 1999). Harrison, Glenn W., and E. Elisabet Rutstrom, “Sequential Bargaining Games,” Encyclopedia of Cognitive Science, London: The Nature Publishing Group, McMillan Publishers Ltd., 2002. Botelho, Anabela, Glenn W. Harrison, Marc Hirsch, and Elisabet E. Rutstrom, “Bargaining Behavior, Demographics, and Nationality: A Reconsideration of the Experimental Evidence,” Field Experiments in Economics, Carpenter, Jeffrey; Harrison, Glenn W., and List, John (eds), (Greenwich, CT: JAI Press, Research in Experimental Economics, Volume 10), 2005, 337-372. Harrison, Glenn W., Morten I. Lau, Elisabet E. Rutstrom, and Melonie B. Sullivan, “Eliciting Risk and Time Preferences Using Field Experiments: Some Methodological Issues,” Field Experiments in Economics, Carpenter, Jeffrey, Harrison, Glenn W., and List, John (eds), (Greenwich, CT: JAI Press, Research in Experimental Economics, Volume 10), 2005, 125- 218. Harrison, Glenn W., and E. Elisabet Rutstrom, “Experimental Evidence on the Existence of Hypothetical Bias in Value Elicitation Methods,” in C.R. Plott and V.L. Smith (eds.), Handbook of Experimental Economics Results, Volume 1. Amsterdam: North-Holland, 2008, 752-767. Harrison, Glenn W., Eric Johnson, Melayne M. McInnes, and E. Elisabet Rutstrom, “Measurement with Experimental Controls,” in M. Boumans (ed.), Measurement in Economics: A Handbook, Academic Press, (San Diego: Elsevier), Chapter 4, 79-104. George, J. Gregory, Laurie T. Johnson, and E. Elisabet Rutstrom, “Social Preferences in the Face of Regulatory Change,” Experimental Methods in Environmental Economics, (Todd L. Cherry, Stephan Kroll, Jason F. Shogren Eds.), Routledge, UK, Chapter 16, December 2007. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Risk Aversion in Game Shows,” in J.C. Cox and G. W. Harrison (eds.), Risk Aversion in Experiments (Bingley, UK: Emerald, Research in Experimental Economics, Volume 12, 2008).
  • 8. Harrison, Glenn W., and E. Elisabet Rutstrom, “Risk Aversion in the Laboratory,” in J.C. Cox and G. W. Harrison (eds.), Risk Aversion in Experiments (Bingley, UK: Emerald, Research in Experimental Economics, Volume 12, 2008). Harrison, Glenn W., Morten I. Lau, and E. Elisabet Rutstrom, “Theory, Experimental Design and Econometrics Are Complementary (And So Are Lab and Field Experiments)”, in Handbook of Experimental Economic Methodology, G. Frechette and A. Schotter (eds.), New York, Oxford University Press, pp. 296 – 338, 2015. Publications: Non-Refereed and Other Appelgren, Jörgen, Per-Anders Ovin, and E. Elisabet Rutstrom, “Utrikeshandelns Utveckling,” [Development of Foreign Trade] in E. Berglöf et. al. (eds.), Kina -- Världens Största Utvecklingsland [China - The World’s Largest Developing Country] (Stockholm: Economic Research Institute (EFI), Stockholm School of Economics, 1981). [in Swedish] Appelgren, Jörgen, and E. Elisabet Rutstrom, “Exporttillväxt - En Förutsättning för ökad Import,” [Export Growth - A Prerequisite for Import Expansion] in E. Berglöf et. al.(eds.), Kina -- Världens Största Utvecklingsland (Stockholm: Economic Research Institute (EFI), 1981). [in Swedish] Rutstrom, E. Elisabet, The Political Economy of Protectionism in Indonesia: A Computable General Equilibrium Analysis. Economic Research Institut (EFI), Stockholm School of Economics, June 1991. Harrison, Glenn W., and E. Elisabet Rutstrom, Instructor’s Manual to J.E. Stiglitz, Economics (New York: W.W. Norton, 1993). Addison, John, Nancy Bord, Glenn W. Harrison, and E. Elisabet Rutstrom, Measuring Employment Effects in the Regulatory Process: Recommendations and Background Study, National Commission for Employment Policy, Special Report #34, January 1993. Willer, David, Lisa Rutstrom, Linda B. Karr, Mamadi Corra, and Dudley Girard, “A Web-Lab to Enhance Social Science Infrastructure,” Journal of Knowledge Management, 3(4), 1999, 276- 287. Dixit, Vinayak V., Rami C. Harb, Glenn W. Harrison, Donald Marco, A. Essam Radwan, E. Elisabet Rutstrom, and Mark P. Schneider, “Review of Congestion Pricing Experiences,” Report to Federal Highway Administration, July 2010. Unpublished Manuscripts Rutstrom, E. Elisabet, “In Search of a Reconciliation of Results in Predatory Pricing Experiments,” Unpublished Manuscript, Department of Economics, University of Western Ontario, 1986.
  • 9. Harrison, Glenn W., and E. Elisabet Rutstrom, “Computing Nash Equilibria in General Equilibrium Trade Models,” Unpublished Manuscript, Department of Economics, University of Western Ontario, Contributed Paper, IIASA Task force Meeting on Computable General Equilibrium Models, Laxenburg, 1986. Rutstrom, E. Elisabet, “Friends, Enemies and Rent-seeking: Who Protects Whom in Indonesia?” Working Paper B-92-04, Department of Economics, University of South Carolina, 1992. Rutherford, Thomas F., E. Elisabet Rutstrom, and David Tarr, “Morocco’s Free Trade Agreement with the European Community; A Quantitative Assessment,” World Bank Working Papers, WPS 1173, 1993. McDaniel, Tanga, E. Elisabet Rutstrom, and Melonie Williams, “Incorporating Fairness into Game Theory and Economics; An Experimental Test with Incentive Compatible Belief Elicitation,” Unpublished Manuscript, Department of Economics, University of South Carolina, 1994. Morrison, William G., and E. Elisabet Rutstrom, “On Reciprocity and Psychological Equilibria in an Investment Experiment,” Unpublished Manuscript, Department of Economics, University of South Carolina, 2002. Rutstrom, E. Elisabet, “Sparing the Rod Does Not Spoil the Child,” Unpublished Manuscript, Department of Economics, University of Central Florida, 2002. Harrison, Glenn W., E. Elisabet Rutstrom, and Nathaniel T. Wilcox, “Heterogeneity and the Characterization of Risk Attitudes,” Unpublished Manuscript, January 2004. Elston, Julie, Glenn W. Harrison, and E. Elisabet Rutstrom, “Characterizing the Entrepreneur using Field Experiments,” Working Paper 05-30, Department of Economics, University of Central Florida, October 2005. Harrison, Glenn W., Eric Johnson, Melayne McInnes, and E. Elisabet Rutstrom, “Individual Choice and Risk Aversion in the Laboratory: A Reconsideration,” Working Paper 03-18, Department of Economics, University of Central Florida, May 2005. Botelho, Anabela, Glenn W. Harrison, Ligia M. Pinto, E. Elisabet Rutstrom, and Paula Veiga, “Discounting in Developing Countries - Experimental Evidence from Timor Leste,” Working Paper 05-31, Department of Economics, University of Central Florida, August 2005. Harrison, Glenn W., Richard Hofler, and E. Elisabet Rutstrom, “Characterizing Cognitive Production Frontiers,” February 2006. Andersen, Steffen, Glenn W. Harrison, and E. Elisabet Rutstrom, “Dynamic Choice Behavior: Asset Integration and Natural Reference Points,” Working Paper 06-07, Department of Economics, University of Central Florida, September 2006.
  • 10. Elston Julie A., Glenn W. Harrison, and E. Elisabet Rutstrom, “Experimental Economics, Entrepreneurs and the Entry Decision,” Working Paper WP 06-06, Department of Economics, University of Central Florida, May 2006. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Dynamic Choice Behavior in Natural Experiments,” Working Paper 06-10, Department of Economics, University of Central Florida, October 2006. Botelho, Anabela, Glenn W. Harrison, Ligia Costa Pinto, and E. Elisabet Rutstrom, “Social Norms and Social Choice,” Working Paper 05-23, Department of Economics, University of Central Florida, revision August 2007. Andersen Steffen, Harrison, Glenn W., Morten Igel Lau, and E. Elisabet Rutstrom, “Temporal Consistency of Discounting Functions: Evidence From A Longitudinal Field Experiment,” Unpublished Manuscript, Georgia State University, November 2012. Harrison, Glenn W., Morten Igel Lau, and E. Elisabet Rutstrom, “Identifying Time Preferences With Experiments: Comment”, Unpublished Manuscript, February 2013. Andersen, Steffen, Vinayak V. Dixit, Jimmy Martinez-Correa, and E. Elisabet Rutstrom, “When the Field Is Not Enough: Using Complementary Field and Lab Experiments to Investigate Congestion Pricing Responses”, DBEL-WP1403, April 2014. Harrison, Glenn W., Jared M. Johnson and E. Elisabet Rutstrom, “Risk Perceptions in the Virtual Wilderness”, DBEL-WP1404, July 2014. George, J., Greg, Harrison, Glenn W., E. Elisabet Rutstrom, and Shabori Sen, “Behavior Towards Risk Mitigation: An Experiment with Wild Fire Risks,” WP 2010-03 Center for the Economic Analysis of Risk, Georgia State University, January 2010, revised Unpublished Manuscript January 2013. Dixit, Vinayak V., Andreas Ortmann, E. Elisabet Rutstrom, and Satish V. Ukkusury, “Understanding Transportation Systems through the Lenses of Experimental Economics: A Review”, SSRN: http://ssrn.com/abstract=2546881, September 2016. Andersen, Steffen, James C. Cox, Glenn W. Harrison, Morten I. Lau, E. Elisabet Rutstrom, and Vjollca Sadiraj, “Asset Integration and Attitudes to Risk: Theory and Evidence,” WP 2011- 17 Center for Economic Analysis of Risk, Georgia State University, Revised manuscript July 2015. Harb, Rami C., E. Elisabet Rutstrom, and Petros Xanthopoulos, ”Putting Your Money Where Your Mouth Is: Do Drivers Who Avoid Roads That Are Priced Favor Road Pricing?” DBEL- WP1403-2 and DBEL-WP1502, Robinson College of Business, Georgia State University, September 2015. Andersen, Steffen, Glenn W. Harrison, Morten I. Lau, and E. Elisabet Rutstrom, “Multiattribute Utility Theory, Intertemporal Utility and Correlation Aversion,” WP 2011-04 Center for Economic Analysis of Risk, Georgia State University, Revised manuscript September 2016.
  • 11. Ongoing Research Willingness to Access Healthcare and Implications for Infant and Maternal Mortality in Rural Pakistan, with Musharraf Cyan and Mark Rider Using Social Anchors to Increase the Willingness to Access Prenatal and Neonatal Healthcare in Remote Areas of Pakistan, with Musharraf Cyan and Richard Rothenberg. Portfolios of Atlanta’s Poor, with Stephen Shore. Cordon Charges in Experimental Transportation Networks, with Enrica Carbone and Vinayak Dixit. Using Experiments to Measure Inflation Expectations among Consumers, with Glenn Harrison, Michael Bryan, Brent Meyer, and Nicolas Parker. Externally-Funded Research Projects NSF MRI Grant 9871019, 1998, “ExNet III: A Multifunctional Instrument for Social Science Experimentation,” with David Willer, $179,800 NSF/DLI-Phase 2 Grant 9817518, 1999, “A Software and Data Library for Experiments, Simulations, and Archiving,” with David Willer, $1,211,680 NSF POWRE Grant 9973669, 1999, “An Experimental Study of Power, Equity, and Distributional Preferences,” $73,557 National Science Foundation, NSF/HSD 0527675, co-PI, “Cognition in Natural Environments: Using Simulated Scenarios in Complex Decision Making Experiments,” Human and Social Dynamics Program, Directorate for Social, Behavioral, and Economic Sciences (with Stephen M. Fiore, Charles E. Hughes, Glenn W. Harrison, and Eduardo Salas); 2006-2009; $647,430. National Science Foundation, NSF/SES 0616746, co-PI, “Naturally Occurring Noise: Experimental Economics & Stochastic Production Frontier Models,” Methodology, Measurement, and Statistics Program, Directorate for Social, Behavioral, and Economic Sciences (with Glenn W. Harrison and Richard Hofler); 2006-2008, $65,000. Danish Social Science Research Council, co-PI, “Intertemporal Choice in Denmark: A Longitudinal Field Experiment” (with Steffen Andersen, Glenn W. Harrison, and Morten I. Lau); 2009- 2011; 4.99 million kroner (roughly $845k). United States Federal Highway Administration, co-PI, “Behavioral Sciences Approach to testing, Validating and Establishing Best Practices for Alternative Highway Revenue Collection: Experiments on Driving Under Uncertain Congestion Conditions and the Effects on Traffic Networks from Congestion Pricing Initiatives,” Cooperative Agreement DTFH61-09-H- 00012 (with Glenn W. Harrison, Essam Radwan, and Ronald Tarr); 2009-2014; $1,999,974.
  • 12. Federal Reserve Bank of Atlanta, co-PI, “Research on Inflation Experiments”, (with Glenn W. Harrison), $160,050, 2013-14. Australian Research Council, International Collaboration Award, A$25,644, 2015-2018, as part of DP150103299 “Investigating travel choice behavior: a new approach”, awarded to the University of Sydney, A$677, 800 World Bank and FATA Secretariat, Pakistan, “Social Anchoring of Lady Health Workers to Enhance Uptake of Health Services and for Service Delivery Governance in FATA”, jointly with ICePP in Andrew Young School of Policy, Georgia State University, 2015-16.
  • 13. Teaching Experience 1980 - 1983, Stockholm School of Economics: Colloquia in Introductory Economics, Intermediate Macroeconomics and Microeconomics. 1984 University of Western Ontario: Introductory Economics. 1988 - 1990, University of New Mexico: Introductory Microeconomics, International Trade Policy. 1991 - 2003 University of South Carolina: International Trade Theory and Policy; Micro-economics, Game Theory, Experimental Economics, Principles of Economics 2003 - 2010 University of Central Florida, Principles of Micro-Economics, Intermediate Micro Economics, Development Economics, Game Theory, Global Economics, Advanced Micro Economic Analysis, Experimental Economics 2011 -2016 Georgia State University, Executive MBA Managerial Economics, Principles of Micro Economics Ph.D. Dissertation Supervision Committee member: Paulino Teixera, USC, 1993 Melonie Williams, USC, 1995 Tanga McDaniel, USC, 1995 Steven Nape, USC, 1996 Anabela Botelho Veloso, USC 1999 Ligia Costa Pinto, USC, 1999 Scott Bowdoin, USC, 2002 Mahmadi Corra, USC Sociology, 2001 Karl Wang, USC Accounting, 2003 Isabel Moura, USC, 2004 Shabori Sen, UCF, 2010 David Rivenbark, UCF, 2010 Santikorn Pamornpathomkul, UCF, 2011 Fan Liu, GSU-RMI, 2012 Chris Mothorpe, GSU-Economics, 2014 Chair of committee: Mark Hirsch, USC 1995 Rob Beekman, USC 1998 Tara Nussman, USC 1999 Willie Redmond, USC 1999 Greg George, USC 2002 Yingyot Chiaravutthi, USC 2002 Ming Tsang, GSU 2016
  • 14. Masters and Honors Thesis supervision Brent Simpson, USC Sociology, 1998 Kyle Hampton, USC 1999 Peter Ganss, USC 2001 Armelle Decaup, USC 2003 Mark Schneider, USC 2005 Rob Schmidt, USC 2006 Chen Ling, UCF 2009 Federica Pallante, LUISS 2015 Letizia Ciarcia, LUISS 2016 Daniele Mitrani, LUISS 2016 Service Activities Internal to the University Director ExLab (an online research infrastructure for experimental research in the Social Sciences funded by the NSF and supported by the College of Business Administration, University of Central Florida, 1996-2010). Graduate Director, Department of Economics, University of Central Florida, 2008-2010. Director, Dean’s Behavioral Economics Laboratory, Robinson College of Business, Georgia State University, 2010 - 2016 Service Activities in Academic and Professional Organizations Associate Editor, European Economic Review 2005-09. Reviewer academic journals Service to the Community Board member ACLU South Carolina, 1999-2002 President ACLU South Carolina 2000-2002 Board member Heifetz International Music Institute, 2003-2008