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Did you know that economic experiments can yield interesting insights into human decision making? You can try an economic experiment out on November 6^th. This event is part of the Week of Science and Technology, the most extensive science festival in the Czech Republic.

Participants will perform a computerized memory test and then play interesting strategic "guessing games." The instructor will explain the nature of the tasks, why such experiments are important for research purposes and, more generally, how they inform us about human decision making.

Location: Politických vězňů 7, Prague 1
Time: 9.00-11.00am and 11.00am – 1.00pm
Please reserve your place by e-mailing us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call +420 224 005 269.
The capacity of each session is up to 30.  Teachers are welcomed to bring their classes.

Prof. Massimo Morelli

Columbia University in the City of New York, USA

Abstract: This paper provides a theory of how the frequency of war onset and war duration depend on technology and endowments when winning a war induces power shifts but the loser is not eliminated. In the model, agents take into account not only the expected consequences of war on the current distribution of resources, but also its expected consequences on the future distribution of military and political power. The key driver of war turns out to be the mismatch between military and political power, and how such a mismatch is affected by a war.

Full Text MAY BE AVAILABLE LATER