Now showing items 1-2 of 2

    • Between anchors and aspirations: a new family of bargaining solutions 

      Karagözoğlu, Emin; Keskin, Kerim; Özcan Tok, Elif (Springer, 2019-04)
      We study the salience and power of reference points in determining the effective anchors and aspirations in bargaining problems. Along this line, we enrich the analysis of the standard bargaining model with two new parameters: ...
    • First price auctions under prospect theory with linear probability weighting 

      Keskin, Kerim (Bilkent University, 2011)
      Overbidding in first-price sealed-bid auctions is a well-known result in the auction theory literature. For the possible reasons behind this phenomenon, economists provided many explanations; such as risk aversion, regret ...