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    Food Price Bubbles: Food Price Indices of Turkey, the FAO, the OECD, and the IMF
    (Mdpi, 2023) Ozcan, Kuebra Akyol
    Food price bubbles are a phenomenon in which the cost of some food items or food commodities climbs quickly and unreasonably before collapsing due to reasons such as speculation, supply and demand imbalances, meteorological occurrences, and governmental actions. Governments and academics keep an eye on food prices to spot and address these bubbles. The aim of this paper is to analyze the food price bubble phenomenon despite the global slowdown by examining its origins, consequences, and policy solutions. The study's contribution lies in its investigation of the presence of a potential bubble formation in food prices, which have experienced a surge globally and particularly in Turkey in recent years. The research examines the behavior of bubble formation in food prices in Turkey, the FAO, the OECD, and the IMF between 1992 and 2022 using the ADF, SADF, and GSADF tests. These tests can help identify when asset prices deviate significantly from their fundamental values and may be at risk of a sharp correction. The TUR, FAO, OECD, and IMF variables all show distinct bubble formations, with the TUR variable having 130 periods from 1995 to 2006, the FAO having 8 price bubble occurrences, the OECD having 12 different bubble formations, and the IMF having 4 distinct bubble formations. The results indicate the existence of food price bubbles that demonstrate disparities from their inherent values grounded in market fundamentals.
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    Sustainability Ranking of Turkish Universities with Different Weighting Approaches and the TOPSIS Method
    (Mdpi, 2023) Ozcan, Kuebra Akyol
    The concept of sustainability has become more important, especially as a result of the depletion of energy resources and increasing environmental concerns. UI GreenMetric ranks universities based on sustainability, environmental, and energy concerns, addressing issues of environmental pollution, food and water scarcity, and energy supply. By prioritizing sustainability on their campuses and campuses, universities are working to ensure a more sustainable future for humanity. This study evaluates university sustainability in energy and climate change using the UI GreenMetric ranking, focusing on Turkish universities' sustainability ranking. It incorporates variables like infrastructure, energy, climate change, waste, water, public transportation, and educational research, using weighting approaches to reveal the most important variables for the country's universities. The study utilized weighting techniques like CRITIC, entropy, standard deviation-based, and equal weighting approaches to obtain rankings for UI GreenMetric rankings. Entropy and equal weighting methods were found to be closest to the UI GreenMetric rankings. Universities' rankings were analyzed using the TOPSIS method and four weighting techniques for 83 Turkish universities. For Turkish universities, the CRITIC method yielded the highest weight for energy and climate change variables, while water was identified as the most significant factor for entropy, installation infrastructure, and standard deviation-based weighting techniques.