Bratislava Economic Meeting 2014


June 12-14

Organized by Virtual Scientific Laboratories, the University of Economics and Slovak Economic Association

Supported by Tatra Banka Foundation

Thursday, June 12

Venue: Zámocký pivovar, Zámocká 794/13 ( )

17:00Welcome drinks (cash bar)
If you would like to have dinner, the restaurant offers typical and inexpensive Slovak dishes.


Friday, June 13

Venue: Ekonomická univerzita, Dolnozemská 1

7:30 – 8:00Registration
8:00 – 8:30Opening welcome

8:30 – 9:45Session I

Stream A: Public Goods
Anna Gunnthorsdottir: Magic. The Surprising Extent to which Groups of Humans can Coordinate their Behavior without Communication, and the Limits of the Phenomenon
Vojtěch Kuna and Jan Řezáč: Can Ambiguity Aversion Explain Behavior in Public Goods Game?
Zuzana Berná and Jiří Špalek: Tax Compliance in a Modified VCM Experiment

Stream B: Monetary
Michaela Rošková: Optimal Public Budgeting
Teresa Messner: Determinants of Household Wealth and Indebtedness in Slovakia - Painting a Picture of Wealthy and Indebted Households in Slovakia
František Brázdik: Monetary Policy and Exchange Rate Dynamics: The Exchange Rate as a Shock Absorber


9:45 – 10:15Coffee Break

10:15 – 11:55Session II

Stream A: Experimental
Kinga Posadzy: A Close-up on Gender Gap in Competition. How Deception Affects Competition and Attitudes towards it.
Miloš Fišar: Staff Rotation as the Anti-corruption Tool: Experimental Approach
Adam Zylbersztejn: Coordination with Communication under Oath
Maroš Servátka: Investment in Outside Options as an Opportunistic Behavior: An Experimental Investigation

Stream B: Public Policy, Human Capital and History of Economic Thought
Miroslav Zajíček: Compulsory Schooling and HC Development
Çiğdem Börke Tunalı: State Aid Policy in the European Union
Lucia Mýtna Kureková: Into the First League: Competitive Advantage of the Antivirus Industry in the Czech Republic and Slovakia
Július Horváth: Emergence of Slovak Economic Thinking: From 18thCentury to ImrichKarvaš


11:55 – 13:00Lunch


13:00 – 14:00Keynote Lecture by Ján Zábojník


14:10 – 15:00Session III

Stream A: Common Pool Resources
Michal Maco: Management of Semi-Public Urban Spaces as Common-Pool Resources
Veronika Chobotová: Financial Incentives for Common Pool Resources

Stream B: Labor I
Martin Kahanec: Workers from Eastern Partnership countries in EU Labor Markets: Unleashing potentials for mutual gains
Gueorgui Kolev: Decision Making and Underperformance in Competitive Environments: Evidence from the National Hockey League


15:00 – 15:30Coffee Break


15:30 – 16:45Session IV

Stream A: Norms and Other-regarding Behavior
Daniel Woods: Nice to You, even Nicer to Me: Does Self-serving Generosity Diminish Reciprocal Behavior?
James Tremewan: Anonymity and Norms in the Dictator game
Jana Vyrasteková: Name it Fair: Field Evidence on Moral Biases

Stream B: Labor II
Jan Fidrmuc: Friday the 13th: The Empirics of Bad Luck
Martin KahanecandLucia MýtnaKureková: Did Post-enlargement Labor Mobility Help the EU to Adjust during the Great Recession? The Case of Slovakia


19:00Conference dinner. Venue: Reštaurácia Delfín, Ružovádolina, Bratislava – Ružinov (

Please organize your own transport. Alternatively, you can take a bus number 68 from the University of Economics to Trhovisko bus stop and then walk south-east along Miletičova Street for about 10 minutes. The restaurant is by an outdoor pool, tucked behind buildings that will be on your left-hand side. ( )


Saturday, June 14

Venue: Ekonomická univerzita, Dolnozemská 1

8:30 – 10:10Session V

Stream A: Auctions and Pricing
Zuzana Brokešová: Typical Consumers of Insurance Services: Results from Slovak Republic
Peter Tóth: Proposal of the Experimental Model dealing with the Retail Units Allocation
Jana Péliová: Experimental Verification of Behavior Based Pricing Model Validity
Peter Katuščák: How to Boost Revenues in First-Price Auctions? The Magic of Disclosing Only Winning Bids from Past Auctions

Stream B: Macro and Growth
Tibor Zavadil: The Distribution of Debt across Euro Area Countries, the Role of Individual Characteristics, Institutions and Credit Conditions
Stefani Kostagianni: Impact of IMF Assistance on Economic Growth Revisited
Peter Tóth: Nowcasting Slovak GDP on a Weekly Basis Using A Small Dynamic Factor Model
Martin Lábaj: Prospective Ageing and Economic Growth in Europe


10:10 – 10:40Coffee Break


10:40 – 13:00Session VI

Stream A: Contracts, Incentives, and Decision Making
Eugen Kováč: Venture Capital Financing of Innovation Races
Silvester Van Koten: Self-regulation under the Shadow of Governmental Oversight: Blossom or Perish?
Michal Ďuriník: Context Effects in Consumer Decision Making: Research Proposal
Radovan Vadovič: Monotonicity: An Experimental Test

Stream B: Finance
Jan Jonáš: Incomplete EMU Integration as an Amplifier of Financial Crisis
Marcela Veselková: Occupy International Monetary System: Bitcoin vs. Local Currencies
Tomáš Výrost: Mean-variance Coexceedance Networks: Preliminary Results for CEE Stock Markets
Štefan Lyócsa: Stock Market Co-movements in Central and Eastern Europe


13:00 – 14:00Lunch

14:00General Membership Meeting of Slovak Economic Association (Venue: Spoločenská miestnosť)

Guidelines for presenters: Please bring your presentation on a USB memory stick and upload it prior to the beginning of your session. All presentations in parallel sessions are allocated 25 minutes (including discussion). The last speaker in each session is the session chair. The chair is asked to enforce time limits as it will allow participants to effectively switch between sessions.