Filip VeselyFilip Vesely

Associate Professor

Office: Bolton Hall, Room 830
Phone: (414) 229-4910
Web Page:


Ph.D., Economics, Purdue University
M.A., Economics, Purdue University
M.S., Finance, Prague University of Economics
B.Fin., Prague University of Economics

Research Interests:

Monetary Economics, Macroeconomics

Current Projects:

"Myopic Defectors: Safeguard for Cooperation?" (with Vivian Lei and Chun-lei Young).

"Optimal Payment Arrangements: Money vs. Reciprocal Exchange"

"Patent Protection and Innovation: An Experimental Study" (with Vivian Lei).

"Short-Term and Long-Term Capital Flows: Theoretical Model and Experimental Evidence" (with Kenneth Chan and Vivian Lei).

Selected Publications:

"Competition vs. Communication: An Experimental Study on Restoring Trust," Journal of Economic Behavior & Organization, 108 (December 2014): 94-107 (with David Masclet and Filip Vesely).

"Differentiated Assets: An Experimental Study on Bubbles," Economic Inquiry,  51(3), July 2013: 1731-1749. with Kenneth S. Chan and Vivian Lei).

"Forgive or Buy Back: An Experimental Study of Debt Relief," Review of Economic Design , 14(3-4), Sept 2010: 291-309 (with Steven Tucker and Vivian Lei).

"In-Group vs. Out-Group Trust: The Impact of Income Inequality," Southern Economic Journal , 76(4), April 2010: 1049-63 (with Vivian Lei).

"Market Efficiency: Evidence from a No-Bubble Asset Market Experiment," Pacific Economic Review, 14(2), May 2009: 246-258 (with Vivian Lei).

"Trading Horizons and the Value of Money," European Economic Review, 51(7), October 2007: 1751-67(with Gabriele Camera).

"Foreign Aid and Weakest-Link International Public Goods: An Experimental Study," European Economic Review, 51(3), April 2007: 599-623 (with Vivian Lei and Steve Tucker).

"On Market Activity and the Value of Money," Journal of Money, Credit and Banking, 38(2), March 2006: 495-509 (with Gabriele Camera).