Browsing Economics by Title
Now showing items 25-44 of 60
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Games with switching costs and endogenous references
(Wiley, 2022-05-25)We introduce a game-theoretic model with switching costs and endogenous references. An agent endogenizes his reference strategy, and then taking switching costs into account, he selects a strategy from which there is no ... -
Global trends in liquidity creation: The role of the off-balance sheet
(Peter Lang AG, 2019-03-28)Banks create liquidity by transforming liquid liabilities into illiquid assets and this is one of their main functions. Yet excessive liquidity creation, especially via off-balance sheet activities, might have contributed ... -
Hierarchical modeling of choice concentration of US households
(Wiley, 2014)This chapter contains sections titled: Introduction Data Description Measures of Choice Concentration Methodology Results Interpreting θ Decomposing the Effects of Time, Number of Decisions and Concentration Preference Conclusion. -
Independent vs. coordinated fundraising: Understanding the role of information
(Elsevier, 2020-08)We use "real donation" laboratory experiments to compare independent fundraising, where donation requests from different charities arrive sequentially to potential donors, with coordinated fundraising, where donation ... -
Inequalities in the geographical distribution and workload of obstetrics and gynaecology specialists by gender in Turkey
(World Health Organization, 2022-06)Background: Women often have a preference for female obstetrics and gynaecology specialists (ob/gyns). Following the policy allowing physician selection by patients in Turkey, distribution of ob/gyns by gender across ... -
Intergenerational mobility and the effects of parental education, time investment, and income on children’s educational attainment
(Federal Reserve Bank of St.Louis, 2018-07-15)This article analyzes the mechanisms through which parents’ and children’s education are linked. It estimates the causal effect of parental education, parental time with children, and parental income during early childhood ... -
Islamic capitalism and the rise of religious-conservative big business
(Taylor & Francis, 2020)This chapter argues that the rise of “Islamic capitalism” and the country’s so-called “conservative bourgeoisie” owes much to the pragmatism and agility of Islamic actors who are quick to seize upon new economic and political ... -
A new estimation technique of sovereign default risk
(Elsevier, 2016-12-27)Using the fixed-point theorem, sovereign default models are solved by numerical value function iteration and calibration methods, which due to their computational constraints, greatly limits the models' quantitative ... -
On approximate Nash equilibria of the two-source connection game
(TÜBİTAK, 2022)The arbitrary-sharing connection game is prominent in the network formation game literature [1]. An undirected graph with positive edge weights is given, where the weight of an edge is the cost of building it. An edge is ... -
On efficient computation of equilibrium under social coalition structures
In game-theoretic settings the key notion of analysis is an equilibrium, which is a profile of agent strategies such that no viable coalition of agents can improve upon their coalitional welfare by jointly changing their ... -
On existence of equilibrium under social coalition structures
(Cambridge University Press, 2022-02)In a strategic-form game, a strategy profile is an equilibrium if no viable coalition of agents (or players) benefits (in the Pareto sense) from jointly changing their strategies. Weaker or stronger equilibrium notions can ... -
On existence of equilibrium under social coalition structures
(Springer, 2020)In a strategic form game, a strategy profile is an equilibrium if no viable coalition of agents benefits (in the Pareto sense) from jointly changing their strategies. Weaker or stronger equilibrium notions can be defined ... -
On optimal toll design for bosporus crossings
(Sosyoekonomi Society, 2022-10)For many years, two toll bridges served commuter demand to cross the strait called Bosporus in Istanbul, Turkey. An underground connection called the Eurasian tunnel had been recently launched to relieve the strait's ... -
On singleton congestion games with resilience against collusion
(Springer, 2021)We study the subclass of singleton congestion games in which there are identical resources with increasing cost functions. In this domain, we prove that there always exists an outcome that is resilient to weakly-improving ... -
Optimal peer-to-peer network for streaming multimedia broadcast
(Elsevier, 2020-11)This study identifies optimal transmission mechanisms for a streaming video service in a peer-to-peer network structure as a function of the number of active peers, a common service value, a common discount factor, and ... -
Performance of inflation targeting in retrospect
(Springer International Publishing, 2016)Both inflation and inflation expectations declined considerably in the inflation targeting countries during the past two decades. The questions of whether this decline has actually been an outcome of inflation targeting ... -
A picture's worth a thousand numbers
(Harvard Business Publishing, 2013-06)The article examines research on the subject of humans' difficulty in understanding probability and the value of graphic representations in improving that understanding. Topics include research by "Harvard Business Review" ... -
Price and quality decisions of a service provider under heterogeneous demand
(Boğaziçi Üniversitesi, 2019)A monopolist service provider's quality and price decisions are analyzed in a vertically differentiated market where customers demand different quantities of a service. We find that depending on the relative sizes of the ... -
Production planning with flexible manufacturing systems under demand uncertainty
(Taylor & Francis, 2024)This paper delves into the impacts of an ongoing global crisis on the resilience of supply chains. Furthermore, it proposes measures to address and mitigate the disruptions caused by the prevailing uncertainties. For ... -
The productivity gap: Monetary policy, the subprime boom, and the post-2001 productivity surge
(Elsevier, 2015-03)It is widely believed that, in the wake of the dot.com crash, the Fed kept the federal funds target rate too low for too long, inadvertently contributing to the subprime boom. We attribute this and other Fed departures ...
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