Browsing Economics by Issue Date
Now showing items 21-40 of 46
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Domine edilen statükonun referans etkisi
(Okan Üniversitesi, 2018-05)Statüko, bir kişinin şu anki konumunu temsil eder. Çalışılan iş ve yaşanılan şehir statüko için verilebilecek örnekler arasındadır. Bir statüko, kendi seçilmese bile, diğer alternatifler arasındaki göreceli sıralamayı ... -
Aspiration-based choice
(Elsevier, 2018-07)Numerous studies and experiments suggest that aspirations for desired but perhaps unavailable alternatives influence decisions. A common finding is that an unavailable aspiration steers agents to choose similar available ... -
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 ... -
Estimation of dynastic lifecycle discrete choice models
(Wiley, 2018-11)This paper explores the estimation of a class of life‐cycle discrete choice dynastic models. It provides a new representation of the value function for these class of models. It compare a multistage conditional choice ... -
Damaged durable goods, upgrades, and the coase conjecture
(Mohr Siebeck, 2018-12)This study analyzes a damaged-goods market for a perfectly durable good in an infinite-horizon, discrete-time game. We characterize Markov perfect equilibria of this game under different buyer upgrade possibilities as a ... -
Costly switching from a status quo
(Elsevier, 2018-12)We axiomatically characterize a theory of status quo-dependent choice where an agent faces switching costs that depend upon both the status quo and the alternative he switches to. In a choice problem with a status quo, the ... -
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 ... -
Sustainable development from millennium 2015 to sustainable development goals 2030
(Wiley, 2019-07)In modern economies, the advancement of well‐being of the citizens should be in an inclusive and sustainable way. In this respect, the sustainable welfare targets should exclusively include three main pillars: economic ... -
Dynamic moral hazard with sequential tasks
(Elsevier, 2019-10)We study a sequential agency problem with hidden actions in an infinite horizon dynamic setting. The principal has a project that requires completion of two sequential tasks where the predecessor must be finished before ... -
Corporate sustainability interactions: A game theoretical approach to sustainability decisions
(Elsevier, 2019-12)Recent global developments lead companies to include into their strategic plans not only economic sustainability but environmental and social sustainability as well. Companies have been investing in environmental and social ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ... -
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 ...
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