Dünyanın birçok ülkesinde olduğu gibi, Türkiye’de de karar vericiler, bir yandan enerjide darboğaz ve dışa bağımlılıktan kurtulmak için görece bol ve ucuz yerel fosil kaynakların kullanımı ile diğer yandan çevre dostu ve iklim değişikliği düşünüldüğünde görece...

How deep our reasoning and strategic thinking is and how strategic we think are crucial in making financial investment decisions because we need to guess how other people will behave. This paper studies Guessing Game (Beauty contest game) that helps us understand how people make decisions in...

We study the behavior of individuals with present biased preferences who are involved in costly, long-run projects. By using generic cost and reward functions, we characterize the behaviors of the sophisticated, partial naive and naive types. We show that there may arise cases where naives...

The literature on time-inconsistent preferences introduced sophisticated, naive and partially naive types of agents that represent different levels of awareness of their time inconsistency. This paper incorporates time-inconsistent players in a sequential bargaining model. Under the complete...