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

Email: maros.servatka [at]

Research profile    Linked-in    CV


Maroš Servátka is a Professor of Economics at Macquarie Graduate School of Management, which is Australia’s leading graduate business school. He is the Founding Director of the state-of-the-art MGSM Experimental Economics Laboratory and the founder and Past President of the Slovak Economic Association. 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 done work in the areas of charitable giving helping non-profit organizations to raise funds, provided practical recommendations to businesses on market strategy, customer service, and project planning, advised government agencies on issues related to effective budget execution, studied matching algorithms used by stock exchanges, and explored governance structures of firms and behavior of employees to provide managerial recommendations. He teaches his MBA students to apply experimentation in their companies to learn what works but also what does not.


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

Ronald Coase Institute Outstanding Achievement Award

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

Research looks at responses to generous actions

What if we could increase trust and trustworthiness?

In Slovak

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

Emócie a rozum

Šiel na výlet. A zostal šéfovať laboratóriu

Vedu beriem ako trh myšlienok

Dôvera je dôležitá

Úspech v ekonómii nehľadí na hranice

Working papers

"Sequential vs. Simultaneous Trust," with Till Gross and Radovan Vadovič [download] -- R&R at Journal of Institutional & Theoretical Economics

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

"Designing Call Auction Institutions to Eliminate Price Bubbles: Is English Dutch the Best?" with Cary Deck and Steven Tucker [download]

"On the Importance of Context in Sequential Search," with Yu Chin Hsiao and Simon Kemp [download]

"The Effect of Project Specification and Historical Information on Duration Estimates," with Matej Lorko and Le Zhang

"Job Assignment and Fairness Concerns," with Katarína Danková, Hodaka Morita, and Le Zhang

"Variations in Price Formation," with Sean Collins, Duncan James, and Radovan Vadovič


"Rank-Order Competition in the Voluntary Provision of Impure Public Goods," (with Andrej Angelovski and Tibor Neugebauer), Economic Inquiry, forthcoming. [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]

"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]

"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 Narine Badasyan, Jacob K. Goeree, Monica Hartmann, Charles Holt, John Morgan, and Dirk 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]
The articles are made available for class purposes only.