E. Elisabet Rutstrom is a contemporary experimental and behavioral economist whose work examines decision-making under risk, uncertainty, and strategic interaction. She has contributed to the empirical testing of game-theoretic solution concepts, particularly through laboratory experiments on bargaining, auctions, and backward induction.
Published influential experimental studies on risk preferences and subjective belief elicitation
Co-authored work testing the empirical validity of backward induction in extensive-form games
Advanced methodology for eliciting subjective probabilities in laboratory settings
Contributed to the integration of econometric analysis with experimental economics