Law, Economics, and Judicial Systems

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• FATİH DEYNELİ

We experimentally explore the effect of performance information and production uncertainties on (i) subjective entitlements derived from the production process and (ii) bargaining over the jointly produced surplus. We hypothesize that performance information and details of the production process affect entitlements, w…

• EMİN KARAGÖZOĞLU

Purpose As a remedy to usually voluminous, complicated and not easily readable construction contracts, smart contracts can be considered as an effective and alternative solution. However, the construction industry is merely known as a frontrunner for fast adoption of recent technological advancements. Numerous adminis…

• ASLI PELİN GÜRGÜN
• KERİM KOÇ

Prior research on "strategic voting" has reached the conclusion that unanimity rule is uniquely bad: it results in destruction of information, and hence makes voters worse off. We show that this conclusion depends critically on the assumption that the issue being voted on is exogenous, that is, independent of the voti…

Businesses may take advantage of rapid technological developments to increase sales by designing products with a short lifespan and encouraging consumers to buy a replacement more quickly than they otherwise might have to, which is commonly known as planned obsolescence. While employing a holistic approach and explori…

• FATİH BUĞRA ERDEM

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• EMİN KARAGÖZOĞLU

This review of the theoretical literature on legislative and multilateral bargaining begins with presentation of the seminal Baron-Ferejohn model. The review then encompasses the extensions to bargaining among asymmetric players in terms of bargaining power, voting weights, and time and risk preferences; spatial barga…

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• BURAK ÜNVEREN

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• AHMET EKİCİ

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• ÖZGÜR KIBRIS