Maroš Servátka
Professor of Economics
Director of MGSM Experimental Economics Laboratory
Macquarie Graduate School of Management
Sydney, Australia

Email: maros.servatka [at]

Research profile    Linkedin    CV


Transaction costs and procrastination in charitable giving

Status quo effects in fairness games

How not to fall into the trap of our own intelligence?

All Things Considered… We do not know what we do not know

Investment hubris a handicap in pandemic era

Being nice: What makes us tip?

Please explain: What is high-frequency trading?

What are market bubbles and can they be popped?

On the importance of experimentation

New economics research paper sheds light on why people and companies keep repeating the same planning mistakes

Prestigious Industry award for Macquarie Business School Professor

Ronald Coase Institute Outstanding Achievement Award [photo]

Think twice before trying to get the upper hand in a business deal

What makes people be kind

Nicer to you, nicer to me: Research finds generous acts are rewarded, regardless of intent

The financial cost of opportunity lost

No deadlines key to charity success

Economics team studying workers' comparing wages

Giving to charity but only if you have time

How a 'nurturing nature' holds some women back

Women who see themselves as warm, supportive tend to compete less in workplace

Doing it for the team: New insights into group identity

Women can face identity conflicts in the workplace

On irrationality and wrong decisions

Research looks at responses to generous actions

What if we could increase trust and trustworthiness?

Understanding what causes market bubbles could soon become a reality

NZ experimental economics center breaks new ground

Desert hockey delivers

In Slovak

Čo robiť, aby naša inteligencia nebola pascou

Ekonóm učí o experimentoch: Nesmejme sa ľuďom, keď si robia zásoby a panikária

Využitie behaviorálnej a experimentálnej ekonómie vo verejnej správe

Profesor z Austrálie zlepšuje systém darcovstva krvi na Slovensku

O dôležitosti experimentovania [video] [text]

Chcete šetriť, no nedarí sa vám to? Skúste sa riadiť tipmi od behaviorálnych ekonómov

Behaviorálny ekonóm o klamstvách a našich rozhodnutiach: Ľudí, ktorí sú vždy čestní, je málo

Slováci v Sydney skúmali, prečo nevieme plánovať. Dávajú 6 tipov, ako byť v tom lepší

Čo nemá termín, nemá prioritu. Slováci zisťovali, prečo zlyháva plánovanie

Prečo ľudia a firmy pri plánovaní času neustále opakujú rovnaké chyby?

Inštitút Ronalda Coase’a ocenil vedca M. Servátku prestížnou cenou

Ocenenie pre profesora Servátku, hosťujúceho profesora na NHF EU v Bratislave

Vojvodkyňu z Yorku zaujal charitatívny výskum slovenského vedca

Príspevky na charitu znižuje prokrastinácia

Rozum a emócie. Dobrá reklama i politická kampaň útočia vždy na city

Šiel na výlet. A zostal šéfovať laboratóriu

Naši a svetoví: časť 1

Naši a svetoví: časť 2

Naši a svetoví: časť 3

Vedu beriem ako trh myšlienok

Ak robiť vedu, tak na Novom Zélande

Dôvera je dôležitá

Úspech v ekonómii nehľadí na hranice


Maroš Servátka is a Professor of Economics at Macquarie Graduate School of Management, which is Australia’s leading graduate business school. Maroš served as the Economics Discipline Leader at MGSM in 2015-2018. He is the Founding Director of the MGSM Vernon L. Smith Experimental Economics Laboratory and the Founder and Past President of the Slovak Economic Association. Maroš previously held an Associate Professor position at University of Canterbury where he was also the Director of the New Zealand Experimental Economics Laboratory. He has been awarded national and international competitive grants and his research has been published in leading economics and management journals. Maroš is a recipient of the Ronald Coase Institute Outstanding Achievement Award.

Maroš specializes in experimental and behavioral economics and has experience consulting to industry, government & non-profit organizations on behavioral approaches and solutions. He has conducted research in the area of charitable giving in order to help charities to raise funds and provided behavioral insights to businesses on market strategy, customer service, and project planning. He has advised government agencies on behavioral public policy issues, studied matching algorithms used by stock exchanges, and explored governance structures of firms and employee behavior to provide managerial recommendations. He teaches his MBA students to apply experimentation in their organizations to learn what works but also what does not.

Working papers

"Variations in Price Formation," with Sean Collins, Duncan James, and Radovan Vadovič -- R&R at Games & Economic Behavior

"Deadlines, Urgency, and Procrastination in Charitable Tasks: A Field Experiment," with Stephen Knowles, Trudy Sullivan, and Murat Genç [download] -- R&R at Economic Inquiry

"Fairness Concerns and Job Assignment to Positions with Different Surplus," with Katarína Danková, Hodaka Morita, and Le Zhang [download]

"Hidden Inefficiency: Strategic Inflation of Project Schedules" with Matej Lorko and Le Zhang [download]

"Promotions and Group Identity" with Michal Ďuriník, Hodaka Morita, and Le Zhang

"Time Costs and Search Behavior," with Annie Hsiao, Simon Kemp, and Le Zhang

"Honesty in the City," with Martin Dufwenberg, Radovan Vadovič, and Jorge Tarrasó


Improving the Accuracy of Project Schedules (with Matej Lorko and Le Zhang)
Production & Operations Management, forthcoming. [download]

Designing Call Auction Institutions to Eliminate Price Bubbles: Is English Dutch the Best? (with Cary Deck and Steven Tucker)
American Economic Review: Insights, 2(2), 2020, 225-236. [download] [working paper] [online appendix] [data]

Sequential vs. Simultaneous Trust (with Till Gross and Radovan Vadovič)
Journal of Institutional & Theoretical Economics, 176, 2020, 446-472. [download] [working paper]

On the Importance of Context in Sequential Search (with Yu Chin Hsiao and Simon Kemp)
Southern Economic Journal, 86, 2020, 1510-1530. [download] [working paper]

Rank-Order Competition in the Voluntary Provision of Impure Public Goods (with Andrej Angelovski and Tibor Neugebauer)
Economic Inquiry, 57, 2019, 2163-2183. [download] [working paper

Anchoring in Project Duration Estimation (with Matej Lorko and Le Zhang)
Journal of Economic Behavior & Organization, 162, 2019, 49–65. [download] [working paper] [data]

Nice to You, Even Nicer to Me: Does Self-Serving Generosity Diminish Reciprocal Behavior? (with Daniel Woods)
Experimental Economics, 22, 2019, 506-529. [download] [supplementary material]

Gender Robustness of Overconfidence and Excess Entry (with Katarína Danková)
Journal of Economic Psychology, 72, 2019, 179-199. [download] [working paper]

How Do Experiments Inform Collective Action Research?
Research Agenda for New Institutional Economics, C. Ménard & M. Shirley eds., Edward Elgar Publishing, 2018, 260-268. [download] [book]

Investment in Outside Options as Opportunistic Behavior: An Experimental Investigation (with Hodaka Morita)
Southern Economic Journal, 85, 2018, 457-484. [download] [working paper]

Price-Setting and Attainment of Equilibrium: Posted Offers Versus An Administered Price (with Sean Collins, Duncan James, and Daniel Woods)
Games & Economic Behavior, 106, 2017, 277-293. [download] [online appendix]

Honesty and Informal Agreements (with Martin Dufwenberg and Radovan Vadovič)
Games & Economic Behavior, 102, 2017, 269-285. [download] [square deal?]

Status Quo Effects in Fairness Games: Reciprocal Responses to Acts of Commission vs. Acts of Omission (with James C. Cox and Radovan Vadovič)
Experimental Economics, 20, 2017, 1-18. [lead article] [download]

Testing Psychological Forward Induction and the Updating of Beliefs in the Lost Wallet Game (with Daniel Woods)
Journal of Economic Psychology, 56, 2016, 116-125. [download]

Does Group Identity Prevent Inefficient Investment in Outside Options? An Experimental Investigation (with Hodaka Morita)
Research in Experimental Economics: Experiments in Organizational Economics, S.J. Goerg & J. Hamman eds., 19, 2016, 105-127. [download] [online appendix]

The Anticipatory Effect of Nonverbal Communication (with Rebecca Brook)
Economics Letters, 144, 2016, 45-48. [download] [online appendix]

Transaction Costs, the Opportunity Cost of Time and Procrastination in Charitable Giving (with Stephen Knowles)
Journal of Public Economics, 125, 2015, 54-63. [download]

The House Money Effect and Negative Reciprocity (with Katarína Danková)
Journal of Economic Psychology, 48, 2015, 60-71. [download]

How Competitive are Female Professionals? A Tale of Identity Conflict (with Bram Cadsby and Fei Song)
Journal of Economic Behavior & Organization, 92, 2013, 284-303. [download]

An Examination of the Effect of Messages on Cooperation under Double-Blind and Single-Blind Payoff Procedures (with Cary Deck and Steven Tucker)
Experimental Economics, 16, 2013, 597–607. [download]

Group Identity and Relation-Specific Investment: An Experimental Investigation (with Hodaka Morita)
European Economic Review, 58, 2013, 95-109. [download]

Building Trust – One Gift at a Time (with Steven Tucker and Radovan Vadovič)
Games, 2, 2011, 412-433. Special Issue on Fairness in Games. [download]

Words Speak Louder Than Money (with Steven Tucker and Radovan Vadovič)
Journal of Economic Psychology, 32, 2011, 700–709. [download]

Understanding Credit Risk: A Classroom Experiment (with George Theocharides)
Journal of Economic Education, 42, 2011, 79-86. [download] [appendix] [supplementary material]

Gender and Generosity: Does Degree of Anonymity or Group Gender Composition Matter? (with C. Bram Cadsby and Fei Song)
Experimental Economics, 13, 2010, 299-308. [download]

Saliency of Outside Options in the Lost Wallet Game (with James C. Cox and Radovan Vadovič)
Experimental Economics, 13, 2010, 66–74. [download]

Does Generosity Generate Generosity? An Experimental Study of Reputation Effects in a Dictator Game
Journal of Socio-Economics, 39, 2010, 11-17. [download]

Unequal Outside Options in the Lost Wallet Game (with Radovan Vadovič)
Economics Bulletin, 29, 2009, 1-14. [download]

Separating Reputation, Social Influence, and Identification Effects in a Dictator Game
European Economic Review, 53, 2009, 197-209. [download]

Vertical Integration of Successive Monopolists: A Classroom Experiment (with N. Badasyan, J.K. Goeree, M. Hartmann, C. Holt, J. Morgan, and D. Yandell)
Perspectives on Economic Education Research, 5, 2009. [download] [Veconlab experiment]

Experiments on Fairness and Reputation: Dissertation Abstract
Experimental Economics, 10, 2007, 199-200. [download]

Current grants

Increasing the Efficiency of Voluntary Donations (with Zuzana Brokešová, Matej Lorko, Jana Péliová, and Robert Slonim)
Slovak Research and Development Agency, APVV-19-0573, 2020-2024

Unintended Consequences of Promotions in Organizations (with Barbora Baisa and Jiří Špálek)
Czech Science Foundation, GAČR20-12863S, 2020-2022

Natural-Resource Windfalls and Demands for Government Accountability (with Alex James and James Murphy)
International Foundation for Research in Experimental Economics (IFREE), 2019-2020

University of Alaska Anchorage Lecture Series on Experimental Economics and Philanthropy (with James Murphy)
International Foundation for Research in Experimental Economics (IFREE) and Rasmuson Foundation, 2018-2020

Experiments on Blood and Plasma Donations (with Martina Fehérová and Jana Péliová)
Ministry of Health of the Slovak Republic, 2018-2019

Selected consulting

National project of disease prevention, Ministry of Health, Slovakia, 2019-2020

Whole blood and plasma collection, National Transfusion Service, Slovakia, 2018-2019

Budget execution and underspending, New South Wales Department of Premier & Cabinet, Behavioral Insights Unit, Australia, 2017
The articles are made available for class purposes only.