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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 ...
Whither developmental state in East Asia
(Nova Science Publishers Inc., 2017)
[Abstract Not Available]
Financialization and the nonfinancial corporate sector
(Edward Elgar Publishing Ltd, 2015)
[Abstract Not Available]
Financial deregulation and the 2007-08 US financial crisis
(Edward Elgar Publishing Ltd, 2015)
[Abstract Not Available]
Dependence on imported inputs and implications for technology transfer in Turkey
(Springer New York, 2012)
Trade and macroeconomic policies in Turkey evolved from import substitution to export promotion and liberalization of commodity and capital markets after 1980. During the 1980s and 1990s Turkey’s exports and imports and ...