Maroš Servátka

Professor, Director of MGSM Experimental Economics Laboratory

20072019
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Personal profile

Research interests

Experimental and behavioral economics

Biography

Maroš Servátka is a Professor of Economics at the Macquarie Graduate School of Management and the Founding Director of the MGSM Experimental Economics Laboratory. He received his MA in Quantitative Methods from the Warsaw School of Economics and his PhD in Economics from the University of Arizona. He previously held a postdoctoral position at the University of Mannheim and an Associate Professor position at University of Canterbury where he was also the Director of the New Zealand Experimental Economics Laboratory. He held visiting positions at the University of Chicago Booth School of Business, Case Western Reserve University, and University of Alaska Anchorage. Maroš is the Founder and past President of Slovak Economic Association. He serves on the editorial board of Journal of Behavioral and Experimental Economics.

Maroš 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 related to advertising, customer service, or 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.

His current research agenda, combining theory with laboratory and field experiments, focuses on (1) formation of informal agreements capable of fostering trust and cooperation in the absence of written contracts, (2) behavioral factors influencing firm boundaries, (3) links between governance structure and wage compression, (4) generosity and charitable giving, (5) behavioral underpinnings of reciprocity, (6) organization of markets and market entry decisions, (7) finance micro-structure, namely trade execution algorithms and their impact on trader behavior and marker quality, (8) duration estimation biases in project management, and (9) time delay effects in sequential search. His research has been published in leading general interest and top field economics journals.

Website: https://sites.google.com/site/marosservatka/

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Research Outputs 2007 2019

  • 26 Article
  • 2 Chapter
  • 2 Entry for encyclopedia/dictionary/reference book
  • 1 Editorial

Anchoring in project duration estimation

Lorko, M., Servátka, M. & Zhang, L., 1 Jun 2019, In : Journal of Economic Behavior and Organization. 162, p. 49-65 17 p.

Research output: Contribution to journalArticleResearchpeer-review

Anchoring effect
Anchoring
Persistence
Schedule
Laboratory experiments

Gender robustness of overconfidence and excess entry

Danková, K. & Servátka, M., 1 Jun 2019, In : Journal of Economic Psychology. 72, p. 179-199 21 p.

Research output: Contribution to journalArticleResearchpeer-review

experiment
gender
gender-specific factors
Sports
performance

Nice to you, nicer to me: does self-serving generosity diminish the reciprocal response?

Woods, D. & Servátka, M., 2019, In : Experimental Economics. 22, 2, p. 506-529 24 p.

Research output: Contribution to journalArticleResearchpeer-review

Generosity
Experimental design

Rank-order competition in the voluntary provision of impure public goods

Angelovski, A., Neugebauer, T. & Servátka, M., 2019, In : Economic Inquiry. 57, 4, p. 2163-2183 21 p.

Research output: Contribution to journalArticleResearchpeer-review

Voluntary provision
Voluntary contribution mechanism
Laboratory experiments
Free-riding
Endowments

How do experiments inform collective action research?

Servátka, M., 2018, A research agenda for new institutional economics. Ménard, C. & Shirley, M. M. (eds.). Cheltenham, UK: Edward Elgar Publishing, p. 260-268 9 p. (Elgar research agendas).

Research output: Chapter in Book/Report/Conference proceedingChapterResearchpeer-review

collective behavior
action research
experiment
economics
welfare