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Sustainable cities and communitiesMake cities and human settlements inclusive, safe, resilient and sustainable
Economics and BusinessKyrgyz-Turkish Manas University Institutional Collection
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Uncertainty Perpetuated? The Pitfalls of a Weakly Institutionalized Party System in Kyrgyzstan

Asel DOOLOTKELDIEVA

The parliamentary elections in Kyrgyzstan in October 2015 garnered widespread approval from commentators for the level of fairness and freedom maintained throughout the campaign. However, the results of the vote do not provide a clear indication of the current state of affairs of parliamentarism in the republic. Focusing on the commercialization of party lists, we argue that neither identity politics nor the logic of neopatrimonialism adequately explain the dynamics of political competition in Kyrgyzstan. Instead, we see perpetual uncertainty emerging from contradicting yet increasing attempts ...More

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To Click or Not To Click? Kyrgyz Consumers

Azamat MAKSUDUNOV

Social media attracts a wide range of users and in this way creates great opportunities for businesses and in this way attract the academic researchers from all over the world. According to recently published research, the majority of the articles on this subject concentrated in the last 5 years and main of them addressed to developed countries. Limited numbers of studies have published from emerging markets especially from the former Soviet Union countries. This study aims to examine social media usage in Post-Soviet Kyrgyzstan. Data was collected by using structured questionnaire, which base ...More

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The demand determinants for urban public transport services: A review of the literature

Cihat POLAT

The future always includes some degree of uncertainty and reducing it is of special importance for decision makers. This is also valid for the decision makers in the public transport area. The uncertainty in the future demand and the need to know the factors that influence the demand make the area much interested in by the decision makers for the sake of planning and making right decisions. In this sense, knowing about the demand driving factors and determining future demand for public transport services are very basic managerial instincts for those who perform in the area. However, the subjec ...More

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Heteroscedastic probit model: An application of home ownership in Turkey

Ebru ÇAĞLAYAN AKAY

This study examines the factors affecting the possibility of owning a house in Turkey using probit models. Moreover, it focuses on the heteroscedasticity problem that is ignored in most of the probit applications. The results obtained from the study indicate that besides the demographic characteristics of the head of the household, education, employment, and income are also influential factors in regard to home ownership. Besides these things, evidence indicates that the choice to live in either rural or urban areas has a significant impact on home ownership.

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Multifractality of the Istanbul and Moscow Stock Market Returns

Mehmet BALCILAR

There is a growing awareness among financial researchers that the traditional models of asset returns cannot capture essential time series properties of the current stock return data. We examine commonly used models, such as the autoregressive integrated moving average (ARIMA) and the autoregressive conditional heteroskedasticity (ARCH) family, and show that these models cannot account for the essential characteristics of the real Istanbul Stock Exchange and Moscow Stock Exchange returns. These models often fail, and when they succeed, they do at the cost of an increasing number of parameters ...More

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An empirical investigation of home buying behavior in a high-context culture: a strategic marketing-oriented approach

Azamat MAKSUDUNOV

Purpose The housing/real estate sector is one of the most important sectors in any country. However, existing marketing literature on the home buying behavior and the decision-making process is still in the early stage of development. The purpose of this study is to examine the home buying behavior from the consumers' perspective in a high-context culture, namely, Kyrgyzstan and its managerial and/or public policy implications to other countries which are at a similar level of socio-economic development as Kyrgyzstan. Design/methodology/approach Using a questionnaire, data for the study (n 300 ...More

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THE INFORMATION SOCIETY AND INFORMATION SECURITY IN THE REPUBLIC OF SERBIA SIRBİSTAN CUMHURİYETİ’NDE BİLGİ TOPLUMU VE BİLGİ GÜVENLİĞİ

Mehmet Emin ERENDOR

Cybercrime or the computer-related crime is the most widespread form of transnational crime, which is in its social and economic characteristics significantly different from traditional and organized crime. Cyberspace offers countless opportunities for economic development, social interaction, and political cooperation, but also provides tools for illegal surveillance, personal data collection, influencing democratic processes, committing crimes, and exchanging numerous ways and methods of warfare. This paper provides an overview of legal documents in the Republic of Serbia related to informat ...More

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THE COLOR OF THE FUTURE IN MARKETING IS GREEN

Azamat MAKSUDUNOV | Murat AVCI

Green Marketing refers to efforts that in the production and marketing of products and services cause less harm to the environment. It is now difficult to open up to local or international markets and to gain competitive advantage over rivals. In this sense, it became necessary to meet the expectations of the consumers and to adapt to the changing world. Today, as environmental problems increase, the consumers' expectations from businesses have changed. Green consumers are generally defined as individuals who adopt environmentally friendly behaviors and / or buy green products among standard a ...More

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Economic and socio-cultural impacts of the world nomad games

Azamat MAKSUDUNOV

The World Nomad Games (WNG) is a new form of large-scale events in the world. Thus, little empirical research is focused on understanding perceived impacts of the WNG and behavioural tendencies of the host community. The research aims to reveal the perceptions of the local people regarding the possible impacts from hosting the World Nomad Games in two different localities of the Kyrgyz Republic. The impacts of the WNG were measured using a survey conducted among local residents based on face-to-face interviews. The study examines data collected from two localities in the Kyrgyz Republic: 384 s ...More

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