This paper studies the link between individual investors' portfolio diversification levels and various personal traits that proxy informational advantages and overconfidence. The analysis is based on objective data from the largest Turkish brokerage house tracking 59951 individual investors' accounts with a total of 3248654 million transactions over the period 2008-2010. Wealthier highly educated older investors working in the finance sector and those trading relatively often show higher diversification ...

The idea of considering the second fundamental form of a hypersurface as the first fundamental form of another hypersurface has found very useful applications in Riemannian and semi-Riemannian geometry especially when trying to characterize extrinsic hyperspheres and ovaloids. Recently T. Adachi and S. Maeda gave a characterization of totally umbilical hypersurfaces in a space form by circles. In our paper we give a characterization of totally umbilical hypersurfaces of a space form by means of ...

The housing sector is a very important sector in the national economy worldwide. The greater importance of the housing sector is broadly defined to include financing upgrading repairs management valuation taxation and population. The article presents a comparative analysis on housing policies in Turkey and Lithuania. The housing strategies -their differences and similarities - of Turkey and Lithuania are presented in the article. Strategic principles and preferences of housing are analysed in the ...

The proposed polar nucleophilic mechanism of MAO was investigated using quantum chemical calculations employing the semi-empirical PM3 method. In order to mimic the reaction at the enzyme's active site the reactions between the flavin and the p-substituted benzylamine substrate analogs were modeled. Activation energies and rate constants of all the reactions were calculated and compared with the published experimental data. The results showed that electron-withdrawing groups at the para position ...

Since the discovery of oil at Kirkuk in northern Iraq oil has shaped relations between Iraq and Turkey as the former needed markets and export routes to the Mediterranean and the latter reliable sources of supply. This article examines the origins of the Kirkuk-Ceyhan oil pipeline from northern Iraq to the Turkish Mediterranean coast charting the period of Iraqi-Turkish economic rapprochement in the 1960s to the construction of the pipeline in the 1970s. It also seeks to add to our collective ...

While carbon footprint reduction potential and energy security aspects of renewable and non-renewable resources are widely considered in energy policy their effects on water resources are mostly overlooked. This research aims to develop a framework for water and carbon footprint analysis to estimate the current and future trends of water consumption and withdrawal by electricity production sectors for national energy development plans - alongside carbon emissions from various electricity sources. ...

There have been many systems available for parallel and distributed computing (PDC) applications such as grids clusters super-computers clouds peer-to-peer and volunteer computing systems. High-performance computing (HPC) has been an obvious candidate domain to take advantage of PDC systems. Most of the research on HPC has been conducted with simulations and has been generally focused on a specific type of PDC system. This paper however introduces a general purpose simulation model that can be ...

Evaluating conceptual design alternatives in a new product development (NPD) environment has been one of the most critical issues for many companies which try to survive in the fast-growing world markets. Therefore most companies have used various methods to successfully carry out this difficult and time-consuming evaluation process. Of these methods analytic hierarchy process (AHP) has been widely used in multiple-criteria decision-making (MCDM) problems. But in this study we used analytical ...

Android is one of the world’s most popular mobile platforms. There are more than 600000 applications available today’s market place. Movie advisor applications are also available in Google Play but there is no location-based movie advisor application for Android devices in Google Play and any other marketplace. A Location-Based Service is a mobile computing application that provides information and functionality to users based on their geographical location. In this study a location-based movie ...

Focusing on transmit diversity orthogonal frequency-division multiplexing (OFDM) transmission through frequency-selective channels this paper pursues a channel estimation approach in time domain for both space-frequency OFDM (SF-OFDM) and space-time OFDM (ST-OFDM) systems based on AR channel modelling. The paper proposes a computationally efficient pilot-aided linear minimum mean-square-error (MMSE) time-domain channel estimation algorithm for OFDM systems with transmitter diversity in unknown ...