This study explores whether property taxes in Istanbul favored or discriminated against non-Muslims after the cadastral survey of the capital in 1875. The survey was conducted to determine the property taxes, and the process was potentially susceptible to the biased views of the surveyors who...

This study analyzes the space of all continuous and discrete games to see whether self-and other-regarding cooperation are similar or inherently different. The solution concept for self-regarding cooperation is the Kantian equilibrium while other-regarding (i.e., altruistic) cooperation...

Would recent technological breakthroughs transform modern capitalism, and make socialism a viable alternative in the 21st century? To answer this question, I first analyze the direction of causality between innovation and institutional change on a broader scale. Many experts view major advances...

Purpose: The purpose of this paper is to analyze the efficiency loss due to incomplete financial markets when risk is induced by technological uncertainty. Design/methodology/approach: A worker-capitalist general equilibrium model is developed. It is assumed that future technical change is a...

Purpose: The purpose of this paper is to analyze the efficiency loss due to incomplete financial markets when risk is induced by technological uncertainty. Design/methodology/approach: A worker-capitalist general equilibrium model is developed. It is assumed that future technical change is a...

Purpose: The purpose of this paper is to analyze the efficiency loss due to incomplete financial markets when risk is induced by technological uncertainty. Design/methodology/approach: A worker-capitalist general equilibrium model is developed. It is assumed that future technical change is a...