Professor Maroš Servátka

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Maroš Servátka

Director of MGSM Experimental Economics Laboratory, Professor of Economics


Contact Details

Tel: +61 2 9850 7813



Experimental and behavioral economics


About Professor Maroš Servátka

Director of MGSM Experimental Economics Laboratory,
Professor of Economics

M.A. – Warsaw School of Economics (2000), Ph.D. – University of Arizona (2006)

Teaching Areas

  • Accounting, Economics & Finance
  • Economic Context of Management

Research Area Affiliations

  • Experimental and behavioral economics

Research statement

Professor Servátka specializes in experimental and behavioral economics. His research agenda, combining theory with laboratory and field experiments, focuses on (1) formation of informal agreements which are capable of fostering trust and cooperation in the absence of written contracts, (2) firm boundaries, (3) links between governance structure and wage compression, (4) generosity and charitable giving, and (5) organization of markets. His research has been published in European Economic Review, Experimental Economics, Games & Economic Behavior, Journal of Economic Behavior & Organization, Journal of Economic Psychology, Journal of Public Economics, Economics Letters, Research in Experimental Economics, among others. He currently serves on the editorial board of Journal of Behavioral and Experimental Economics.

Contribution to management practice

Professor Maroš Servátka is the Founder of Slovak Economic Association, the first professional association gathering Slovak economists and past President (2012-14). He currently serves on the executive committee of the association and organizes biannual Bratislava Economic Meetings.  He is a regular speaker at the prestigious Ronald Coase Institute Workshops on Institutional Analysis.

Media topics

  • Decision-making and decision-making biases
  • Incentives
  • Generosity and charitable giving


Journal articles

  • Woods, D., & Servátka, M. (In Press 2018). Nice to you, nicer to me: does self-serving generosity diminish the reciprocal response? Experimental Economics, 1-24. DOI: 10.1007/s10683-018-9561-8
  • Dufwenberg, M., Servátka, M., & Vadovič, R. (2017). Honesty and informal agreements. Games and Economic Behavior, 102, 269-285. DOI: 10.1016/j.geb.2016.12.008
  • Cox, J. C., Servátka, M., & Vadovič, R. (2017). Status quo effects in fairness games: reciprocal responses to acts of commission versus acts of omission. Experimental Economics, 20(1), 1-18. DOI: 10.1007/s10683-016-9477-0
  • Collins, S. M., James, D., Servátka, M., & Woods, D. (2017). Price-setting and attainment of equilibrium: posted offers versus an administered price. Games and Economic Behavior, 106, 277-293. DOI: 10.1016/j.geb.2017.10.012
  • Brook, R., & Servátka, M. (2016). The anticipatory effect of nonverbal communication. Economics Letters, 144, 45-48. DOI: 10.1016/j.econlet.2016.04.033
  • Woods, D., & Servátka, M. (2016). Testing psychological forward induction and the updating of beliefs in the lost wallet game. Journal of Economic Psychology, 56, 116-125. DOI: 10.1016/j.joep.2016.06.006
  • Danková, K., & Servátka, M. (2015). The house money effect and negative reciprocity. Journal of Economic Psychology, 48, 60-71. DOI: 10.1016/j.joep.2015.02.007
  • Knowles, S., & Servátka, M. (2015). Transaction costs, the opportunity cost of time and procrastination in charitable giving. Journal of Public Economics, 125, 54-63. DOI: 10.1016/j.jpubeco.2015.03.001
  • Cadsby, C.B., Servátka, M., & Song, F. (2013). How Competitive Are Female Professionals?  A Tale of Identity Conflict. Journal of Economic Behavior & Organization, 92, 284–303.
  • Deck, C., Servátka, M., & Tucker, S. (2013). An Examination of the Effect of Messages on Cooperation under Double-Blind and Single-Blind Payoff Procedures. Experimental Economics, 16, 597–607.
  • Morita, H., & Servátka, M. (2013). Group Identity and Relation-Specific Investment: An Experimental Investigation. European Economic Review, 58(2), 95-109.
  • Servátka , M., Tucker, S., & Vadovič, R. (2011). Building Trust One Gift at a Time. Games, 2(4), 412-433.
  • Servátka, M., Tucker, S., & Vadovič, R. (2011). Words Speak Louder than Money. Journal of Economic Psychology, 32(5), 700–709.
  • Servátka, M., & Theocharides, G. (2011). Understanding Credit Risk: A Classroom Experiment. Journal of Economic Education, 42(1), 79-86.
  • Cadsby, C.B., Servátka, M., & Song, F. (2010). Gender and Generosity:  Does Degree of Anonymity or Group Gender Composition Matter?. Experimental Economics, 13(3), 299-308.
  • Cox, J.C., Servátka, M., & Vadovič, R. (2010). Saliency of Outside Options in the Lost Wallet Game. Experimental Economics, 13(1), 66–74.
  • Servátka , M. (2010). Does Generosity Generate Generosity? An Experimental Study of Reputation Effects in a Dictator Game. Journal of Socio-Economics, 39(1), 11-17.
  • Servátka , M., & Vadovič , R. (2009). Unequal Outside Options in the Lost Wallet Game. Economics Bulletin, 29(4), 1-14.
  • Servátka, M. (2009). Separating Reputation, Social Influence, and Identification Effects in a Dictator Game. European Economic Review, 53(2), 197-209.
  • Badasyan, N., Georee, J.K., Hartmann, M., Holt, C., Morgan, J., Rosenblat, T., Servátka , M., & Yandell, D. (2009). Vertical Integration of Successive Monopolists: A Classroom Experiment. Perspectives on Economic Education Research, 5(1), Spring 2009.
  • Servátka, M. (2007). Experiments on Fairness and Reputation: Dissertation Abstract. Experimental Economics, 10(2), 199-200.

Book chapters

  • Morita, H., & Servátka, M. (2016), Does Group Identity Prevent Inefficient Investment in Outside Options? An Experimental Investigation, in  Sebastian J. Goerg ,  John R. Hamman  (ed.) Experiments in Organizational Economics (Research in Experimental Economics, Volume 19) Emerald Group Publishing Limited, pp.105 - 126. DOI: 10.1108/S0193-230620160000019010
  • Servátka, M., & Vadovič, R. (2015). Experimental Design. In M. Altman (Ed.), Real-world decision making: an encyclopedia of behavioral economics (pp. 137-139). Santa Barbara: California Greenwood.
  • Servátka, M., & Vadovič, R. (2015). Trust game. In M. Altman (Ed.), Real-world decision making: an encyclopedia of behavioral economics (pp. 444-445). Santa Barbara: California Greenwood
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