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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 ...
Firm boundaries, incentives, and fund performance: Evidence from a private pension fund system
(Elsevier, 2020-06)
The private pension fund system in Turkey presents a unique institutional structure where bank holding companies can own both private pension companies and asset management firms. More often than not, pension companies ...
Unemployment flows, participation, and the natural rate of unemployment: Evidence from Turkey
(Elsevier, 2020-06)
We use a parsimonious unobserved components model with flow rates to estimate a time-varying unemployment rate trend for Turkey. Our approach is grounded in the modern theory of labor market search. This trend estimate ...
Random mechanisms for house allocation with existing tenants
(Elsevier, 2020-08)
We study the house allocation problem with existing tenants: n houses (stand for "indivisible objects") are to be allocated to n agents; each agent needs exactly one house and has strict preferences; k houses are initially ...
The asymmetric impact of oil prices, interest rates and oil price uncertainty on unemployment in the US
(Elsevier, 2020-02-01)
In this study, we investigate the presence of asymmetric interactions between oil prices, oil price uncertainty, interest rates, and unemployment in a cointegration framework. Utilizing the nonlinear auto-regressive ...
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 ...
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 ...
Bank regulation under fire sale externalities
(Oxford University Press, 2020-06)
We examine the optimal design of and interaction between capital and liquidity regulations. Banks, not internalizing fire sale externalities, overinvest in risky assets and underinvest in liquid assets in the competitive ...
Dynamic durable goods monopoly and market power
(MDPI, 2020-06)
We analyze a vertically differentiated market for an imperfectly durable good served by a monopolist in an infinite-horizon, discrete-time game. Our goal is to identify the Markov perfect stationary equilibria where the ...
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 ...
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