Current Economics Textbooks and Economists justify a theory of consumer behavior based on utility maximization on a priori grounds. This methodology follows Lionel Robbins' idea that economic theory is based on logical deduction from postulates which are 'simple and indisputable facts of...

Enformasyonun üretim sürecinin önemli bir girdisi olduğu günümüz ekonomi- lerinde telekomünikasyon şebekeleri enformasyona dayalı üretimin alt yapısını oluştururken, bu piyasalarda sunulan hizmetlerin ekonomideki yeri de önemli düzeylere ulaşmaktadır. Arz yönünden ölçek...

In this paper we aim to analyze the productivity spillovers of foreign affiliated and domestic firms in Turkish manufacturing industries. As a novelty inter-sectoral linkages are modeled through the use of spatial models. Our results indicate the existence of positive and significant...

This paper analyses inflation forecasting power of artificial neural networks with alternative univariate time series models for Turkey. The forecasting accuracy of the models is compared in terms of both static and dynamic forecasts for the period between 1982:1 and 2009:12. We find that at...

In this paper we aim to analyze the role of credit channel in the monetary transmission mechanism under different inflationary environments in Turkey covering the period 1986:1 - 2009:10. Our results suggest that traditional interest rate channel is only valid for the postinflation targeting...

Turkish consumer survey data is used to analyze the main factors that affect consumers' choice of different mobile telecommunications networks. The analysis shows that consumers' choice is significantly affected by the choices of other consumers with whom the consumer is more likely to interact....