The ceremony for the fifth Hakan Orbay Research Awards given by the Sabancı University School of Management in honor of faculty member Hakan Orbay was held at Sabancı University on December 19, 2018.
The Hakan Orbay Research Award for Young Researchers went to Assistant Professor Selman Erol from Tepper School of Business, Carnegie Mellon University with his paper titled “Network Hazard & Bailouts”. The winner of the PhD Student Award was The Wharton School, UPENN (Finance Department) PhD candidate Adrian Ayvan Çorum with “Activist Settlements”.
Introductory remarks to the ceremony were delivered by Sabancı University School of Management Dean Nihat Kasap. Nihat Kasap said that Hakan Orbay had performed breakthrough studies in microeconomics. Kasap continued that 8 submissions had been received for the Young Researchers Award, and 11 for the PhD Student Award from the leading universities of Turkey and the world.
Hakan Orbay’s wife Benan Zeki Orbay also spoke at the ceremony. Benan Zeki Orbay said, “Tihs award is precious to our family. It is also important to us that the awards receive submissions from top universities in Turkey and worldwide. This award makes me feel like our family is growing every day."
Following the speeches, the winner of the Young Researcher Award, Assistant Professor Selman Erol from Tepper School of Business, Carnegie Mellon University, made a presentation about his essay. Erol then took questions from the floor.
The jury panel this year consisted of Benan Zeki Orbay from Istanbul Bilgi University, Sabancı University faculty Aziz Şimşir, Eren İnci, İzak Atiyas, Melsa Ararat, Nakiye Boyacıgiller and Yiğit Atılgan, and Koray Deniz Şimşek from Crummer Graduate School of Business, Rollins College.