Browsing by Subject "Equilibrium"
Now showing 1 - 4 of 4
Results Per Page
Sort Options
Item Open Access Aegean territorial waters conflict: an evolutionary narrative(Sage Publications Ltd., 2004) Güner, S. Ş.Delimitation of the territorial waters and continental shelf in the Aegean Sea constitutes a constant source of conflict and produces recurrent crises between Greece and Turkey. This article explores directions that the Greek-Turkish dispute over the delimitation of territorial waters can take through an evolutionary game framework. Crises are found to follow routines and practices involving challenges to the status quo and reactions preceding mutual retreat. Hence, the status quo in the Aegean Sea can persist even in the form of aggressive behavior. It is also possible that the dispute will evolve into a stable state of conflict where no cooperative foreign policy can survive.Item Open Access Boundary behavior of excess demand and existence of equilibrium(Academic Press, 1999) Hüsseinov, F.This paper presents a market equilibrium existence theorem that generalizes and unifies many well-known results. The importance of the theorem is illustrated by applications to large exchange economics. A further extension of Aumann's Existence theorem is obtained which dispenses with the monotony assumption on preferences. In addition the market equilibrium results of Grandmont and Neuefeind are compared. It is shown that the boundary condition of Grandmont's result is equivalent to some natural relaxation of Neuefeind's. In the case of two commodities they are equivalent but for a greater number of commodities Neuefeind's condition is stronger. (C) 1999 Academic Press.Item Open Access The effect of the worksheets on students' achievement in chemical equilibrium(Ekip Ltd. Sti., 2011) Yıldırım, N.; Kurt, S.; Ayas, A.In the present study, it is aimed to determine effects of worksheets on students' achievement on the factors affecting equilibrium. The study was carried out with a quasi-experimental design. Data were collected through chemical equilibrium concept test, semi structured interviews and unstructured observations. The sample was 44 eleventh grade students enrolled in two classes from a secondary school in Trabzon in the fall term of the 2008-2009 academic years. Interview data were analysed descriptively. Data collected from chemical equilibrium concept test were analysed by using SPSS statistical programme. On the other hand data from unstructured observations were organized and then given directly. At the end of the study, it is found that experimental group students were more successful than the control group. As a result, a number of suggestions were made about development of worksheets in other difficult concepts of chemistry.Item Open Access Effects of daylight saving time changes on stock market volatility: a reply(Sage Publications, Inc., 2011) Berument, Hakan; Dogan, N.There is a rich array of evidence that suggests that changes in sleeping patterns affect an individual's decision-making processes. A nationwide sleeping-pattern change happens twice a year when the Daylight Saving Time (DST) change occurs. Kamstra, Kramer, and Levi argued in 2000 that a DST change lowers stock market returns. This study presents evidence that DST changes affect the relationship between stock market return and volatility. Empirical evidence suggests that the positive relationship between return and volatility becomes negative on the Mondays following DST changes.