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İktisat Bölümü Yayın Koleksiyonu

Permanent URI for this collectionhttps://hdl.handle.net/20.500.12416/402

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Browsing İktisat Bölümü Yayın Koleksiyonu by Journal "Journal of Applied Sciences"

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    Article
    Does the Incomplete Information Matter with Export Quotas?
    (2006) Yazıcı, Mehmet; 144084; İktisat
    This study investigates whether or not incomplete information matters when the government adopts the export quotas in intervening in the oligopolistic export markets. Incomplete information the government has is about the unit-production cost of the domestic firm. It is shown first that quotas optimal under full information (full-information policy) result in Stackelberg outcome, the best outcome in a non-cooperative setting from the domestic firm`s point of view. When the full-information policy is implemented in the presence of incomplete information, it is found that no cost-type has an incentive to misrepresent itself as the other type. This means that full-information outcome will be achieved with incomplete information. Hence, incomplete information does not matter in the case of export quotas. This result, however, does not carry over to the case of more than one domestic firm.
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    Private charity and cooperation vs. non-cooperation
    (2006) Yazici, M.; Yazıcı, Mehmet; 144084; İktisat
    This study analyzes cooperative and non-cooperative outcomes in the context of private charity and compares them on efficiency grounds. Analysis is conducted in a model economy where there are two rich individuals and one poor and the rich care about the well-being of the poor. The results of the analysis suggest that, when making donations to the poor, the rich should get together and act cooperatively instead of behaving independently. Given the fact that there are many donors in reality and therefore it is difficult for them to get together for cooperation, this result implies a role for government to provide a mechanism for cooperation and justifies the support of the governments for charity organizations. © 2006 Asian Network for Scientific Information.