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Current Approaches in Social Sciences

Edited By Rasim Yilmaz, Günther Löschnigg, Hasan Arslan and Mehmet Ali Icbay

Current Approaches in Social Sciences is a collection of research papers on a wide range of social issues written by researchers from several different institutions. The book will appeal to educators, researchers, social students and teachers of all subjects and of all levels, who wish to develop personally and professionally. It will also be useful to all those who interact, one way or another, with both students and teachers in a social context.
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An Analysis of The Effect of Ramadan on Istanbul Stock Exchange



Nowadays, traditional models of finance are considered as insufficient in defining the structure of financial markets. Behavioural finance, which consists of the combination of psychology, sociology, and finance, has emerged as an alternative field in defining these insufficiencies. Stock market anomalies can be basically classified as calendar anomaly, cross sectional anomaly, and pricing anomaly (Erdoğan and Elmas, 2010). There are many studies related to calendar anomaly in the literature. However, these are limited in respect to the Ramadan anomaly.

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