2018 Hakan Orbay Research Award Results

Sabancı University School of Management established the Research Article Awards in memory of Hakan Orbay. The results of this year's research award has been announced.


  • Young researcher award:

Asst. Prof. Dr. Selman Erol, Tepper School of Business, Carnegie Mellon University, “Network Hazard & Bailouts”


  • PhD student award:

Adrian Aycan Corum, PhD Candidate, The Wharton School, UPENN (Finance Department) “Activist Settlements”


Details of the award ceremony are blow.  

Date and Time: 19 December Wednesday at 11:00 am

Place: School of Management Seminar Room 1073

Dr.Selman Erol 
“Network Hazard & Bailours”




Short Bio of Hakan Orbay:

After graduating from Ankara Science High School in 1979, Hakan Orbay received his undergraduate degrees in Electrical Engineering and Physics from Bogazici University in 1983. He obtained his Master’s degree in Electrical Engineering from Calgary University and subsequently returned to Turkey to work in the Information Technology area of the banking sector between1988-1991. He kept close links with academia during those years and eventually went to the U.S. for his doctoral studies in 1991. After obtaining a Ph.D in Economics from Stanford University, Graduate School of Business, he worked as a faculty member at Koc University until 1999. Next, he joined the Sabancı School of Management during its establishment years and worked there as a faculty member until his untimely death in 2011. Hakan Orbay produced original research in microeconomics and finance and made important contributions to the establishment and development of the Sabancı School of Management, Istanbul, Turkey.

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