This paper proposes a classroom experiment to illustrate the specific-factors model. In it, students act as decision-makers in an economy comprising two goods and three factors, each is asked maximize value of marginal production by allocating his/her labor force between sectors. Through trading products, all players work whole pursuit higher welfare. From their individual perspectives, they ca...

This study investigates the income smoothing behaviours of listed firms in BIST from period spans 2012 to 2019. The scrutinizes such at sectoral level. Moreover, relationship between firm-specific factors -size, leverage, growth- and practices are also examined. For detection so-called Eckel Model (1981) model is used. Based on analysis it found that 1 3 observation manufacturing sector, 5 util...