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Endogenous reference points in bargaining
(Springer Heidelberg, 2018)
We allow the reference point in (cooperative) bargaining problems with a reference point to be endogenously determined. Two loss averse agents simultaneously and strategically choose their reference points taking into ...
Multi-player race
(Elsevier Science Bv, 2018)
We present a model of race with multiple players and study players' effort choices and expected prizes in equilibrium. We show that in equilibrium once any two players win one battle each the remaining players do not exert ...
Determinants of Investment in Turkey: A Firm-Level Investigation
(Routledge Journals Taylor & Francis Ltd, 2019)
In this article we analyze the financing constraints-investment link for the case of Turkey between 1996 and 2013. As different from the existing studies on Turkey we use a more comprehensive data set that includes both ...
Declining Poverty and Inequality in Turkey: The Effect of Social Assistance and Home Ownership
(Routledge Journals Taylor & Francis Ltd, 2018)
Social assistance has become prominent in combating poverty in developing countries and has also contributed to the popularity and election success of governments implementing it. In this paper I employ household surveys ...
Investment on human capital in a dynamic contest model
(Walter De Gruyter Gmbh, 2019)
Although most contest games are modeled in such a way that the outcome depends only on the efforts exerted by the contestants what is arguably more important is the contestants' effective efforts which may be influenced ...
Time-varying fairness concerns delay and disagreement in bargaining
(Elsevier Science, 2018)
We study an alternating-offers bilateral bargaining game where players may derive disutility from accepting shares below what they deem as fair Moreover we assume that the values they attach to fairness (i.e. their sensitivity ...
Neo-liberal policies and poverty: Effects of policies on poverty and poverty reduction in Turkey
(2011)
[Abstract Not Available]
Between anchors and aspirations: a new family of bargaining solutions
(Springer, 2019)
We study the salience and power of reference points in determining the effective anchors and aspirations in bargaining problems. Along this line we enrich the analysis of the standard bargaining model with two new parameters: ...
Does migration contribute to women's empowerment? Portrait of urban Turkey and Istanbul
(Routledge Journals Taylor & Francis Ltd, 2019)
This article empirically investigates the impact of internal migration on women's empowerment in urban areas of Turkey. Based on data from a nationally representative household survey we find that migration exerts a positive ...
Cumulative prospect theory preferences in rent-seeking contests
(Elsevier Science, 2018)
We investigate the equilibrium behavior for agents with cumulative prospect theory preferences in rent-seeking contests. Characterizing the equilibrium effort levels we present results on the existence of equilibrium and ...