Serkan Kucuksenel

Middle East Technical University | METU · Department of Economics

We analyze markets in which the price of a traded commodity is such that the supply and the demand are unequal. Under standard assumptions, the agents then have single peaked preferences on their consumption or production choices. For such markets, we propose a class of Uniform trade rules each of which determines the volume of trade as the median...

This paper studies the mechanism design problem for the class of Bayesian environments where preferences of individuals depend not only on their allo-cations but also on the welfare of other individuals. For these environments, we fully characterize interim efficient mechanisms and examine their proper-ties. This set of mechanisms is compelling, si...

One of the main goals stated in the proposals for the Common Fisheries Policy (CFP) reform was achieving maximum sustainable yield (MSY) for all European fisheries. In this paper, we propose a fishing rights allocation mechanism or management system, which specifies catch limits for individual fishing fleets to implement MSY harvesting conditions i...

In this paper, we provide new theoretical insights about the role of collusion in organizational hierarchies by combining the standard principal–supervisor–agent framework with a theory of social preferences. Extending Tirole’s (J Law Econ Organ 2(2):181–214, 1986) model of hierarchy with the inclusion of Fehr and Schmidt (Q J Econ 114(3):817–868,...

This paper studies a sequential model of multilateral bargaining under majority rule in which legislators make decisions in both private and public good dimensions via an endogenous recognition process. Legislators can expend resources to become the proposer and to make proposals about the allocation of private and public goods. We show that legisl...

Maximum sustainable yield (MSY) and maximum economic yield (MEY) harvesting strategies are characterized using an overlapping generations (OLG) model of heterogeneous (prey-predator) fishery. A proper modeling of real-life cycle dynamics of fish is introduced with a commonly used prey-predator interaction system of equations to create heterogeneity...

Bu çalışma, temel davranışsal iktisat dürtme yöntemlerinin sağlıklı yaşam biçimi davranışlarının geliştirilmesi için kullanılabileceğini göstermektedir. Bu amaçla öncelikle insanların sıklıkla sınırlı rasyonalite, sınırlı otokontrol veya sınırlı bencilliğe tabi olduğunu ortaya koyan davranışsal iktisat çalışmaları incelenmiştir. Daha sonra bu tarz...

Two of the main proposals for the reform of the European Union (EU) Common Fisheries Policy (CFP) in 2011 were related to maximum sustainable yield (MSY) and transferable fishing concessions (TFCs). The European Commission (EC) proposed the goal of achieving MSY for all European fisheries. The EC also proposed implementation of TFCs under some majo...

In this paper, we experimentally investigate the impact of costly indirect and direct messages on coordination levels in a stag-hunt game. Three main insights emerge from our experiments. First, we find a significant decrease in message usage with message cost in both treatments and a higher decrease in the indirect-message treatment. Second, we fi...

We provide a characterization of interim efficient auctions and examine their properties in the presence of informational interdependent valuations. We show that buyers can be awarded the auctioned item less often than the efficient level. We also show that buyers obtain the item more often as the degree of heterogeneity in preferences increases, e...

AbstractThis paper shows that the core outcomes of the assignment game coincides with the set of fixed points of a certain function. The lattice property of the core, as well as its non-emptiness, are proved using Tarski’s fixed point theorem.

This paper presents mechanisms implementing the core correspondence of many-to-one matching markets, such as college admissions problems, where the students have preferences over the other students who would attend the same college. We first present a sequential mechanism implementing the core. We then show that simple two-stage mechanisms, which m...

In the first part of this dissertation we study the problem of designing desirable mechanisms for economic environments with different types of informational and consumption externalities. We first study the mechanism design problem for the class of Bayesian environments where preferences of individuals depend not only on their allocations but also...

The standard ex post type of collusion is a supervisor-agent agreement to misrepresent the outcome of supervision. Under ex ante collusion the agent makes a side transfer to the supervisor, who, in return, stops monitoring the agent's productivity. Extending Tirole's [1986] model of hierarchy to include ex ante collusion and supervision costs, we s...

Two-dimensional fluorescence and lasing images of a Rhodamine-6G doped water spray are observed with color photography. The orange-red lasing microdroplets are identified by their two reciprocal lasing spots. The microdroplet sizes are measured using the digitized images. The obtained microdroplet size distribution compares favorably with the norma...