Talat S. Genc

Professor of Economics
Department of Economics and Finance
Phone number: 
1-519-824-4120 ext. 56106
MacKinnon (MCKN), Room 732

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Areas of Specialization:  Industrial Organization, Energy and Environmental Economics, and Production and Operations Management.

Talat Genc joined the Department of Economics in 2004. He received a B.S. in Tch. Math. from Bogazici University (1997), an M.A. in Economics from Bogazici (1999), an M.A. in Economics from the University of Arizona (2000), an MS. In Ind. Engineering from the University of Arizona (2003) and a Ph.D. in Economics from the University of Arizona (2003). His current research interests concern electricity markets & deregulation, and large-scale oligopolies under uncertainty.

His research has been published in journals including  Journal of Economic Dynamics and Control, International Journal of Industrial Organization, International Journal of Production Economics, Energy Economics, and Operations Research.

Research Interests

Talat Genc's research interests concern closed-loop supply chain structure-conduct-performance, market power issues and optimal bidding in electricity markets, regulation and deregulation issues in energy markets, OPEC and oil markets, capacity investments in game-theoretic settings, resource allocations under indivisibilities, and equilibrium characterization and computations under uncertainty in large-scale oligopolies.


Talat Genc's working papers and publications are available at:

  1. RePEc (Research Papers in Economics): https://ideas.repec.org/e/pge79.html#works

Refereed Publications

1. "Optimal Return and Rebate Mechanism in a Closed-loop Supply Chain Game”, [.pdf] with P. De Giovanni”, European Journal of Operational Research, forthcoming.

2. "Power Trade, Welfare, and Air Quality", [.pdf] with A. Aydemir, Energy Economics, 67:423:438, 2017.

3. "OPEC and Demand Response to Crude Oil Prices", [.pdf], Energy Economics, 66:238:246, 2017.

4. "The Impact of Lead Time on Capital Investments", [.pdf], Journal of Economic Dynamics and Control, 82:142-164, 2017.

5. "Trade-in and Save: A Two-period Closed-loop Supply Chain Game with Price and Quality Dependent Returns", [.pdf], with P. De Giovanni, special issue on CLSC: Economics, Modeling, Management and Control, International Journal of Production Economics, 183 (B):514-527, 2017.

6. "Measuring Demand Responses to Wholesale Electricity Prices Using Market Power Indices", [.pdf], Energy Economics, 56, 247-260, 2016.

7. "Electricity Trade Patterns in a Network", [.pdf] , with P.O.Pineau, E. Yazgan, chapter in Progress in Clean Energy, 2, Novel Systems and Applications. Dincer et al. (eds.), Springer-Verlag, pp. 669-692; 2015.

8."Capacity Investments in a Stochastic Dynamic Game: Equilibrium Characterization", [.pdf]  with G. Zaccour, Operations Research Letters, 41(5), 482-485, 2013.

9. "Equilibrium Predictions in Wholesale Electricity Markets", [.pdf], Handbook of Networks in Power Systems I, Energy Systems, DOI 10.1007/978-3-642-23193-3_10, Springer-Verlag Berlin Heidelberg, pp.263-279, 2012.

10. "Investment in Electricity Markets with Asymmetric Technologies", [.pdf] with H. Thille, Energy Economics, 33(3): 379-387, 2011.

11. "Supply Function Equilibria with Capacity Constraints and Pivotal Suppliers", [.pdf] with S. Reynolds, International Journal of Industrial Organization, 29(4): 432-442, 2011.

12. "Multimarket Contact in Vertically Related Markets", [.pdf] with S. Ecer, Information Systems and Operational Research, special issue on Energy Markets and Game Theory, 48(4): 203-213, 2010.

13. "Discriminatory versus Uniform-price Electricity Auctions with Supply Function Equilibrium", [.pdfJournal of Optimization Theory and Applications, 140(1): 9-31, 2009.

14. "An Analysis of Capacity and Price Trajectories for the Ontario Electricity Market Using Dynamic Nash Equilibrium under Uncertainty", [.pdf]  with S. Sen, Energy Economics, 30(1): 173-191, 2008.

15. "A Dynamic Cournot-Nash Game: A Representation of a Finitely Repeated Feedback Game", [.pdf] Computational Management Science, 4(2):141-157, 2007, special issue on Computations and Game Theory.

16. "Dynamic Oligopolistic Games Under Uncertainty: A Stochastic Programming Approach", [.pdf] with S. Reynolds and S. Sen, Journal of  Economic Dynamics and Control, 31(1):55-80, 2007.  

17. "A Stochastic Programming Approach to Power Portfolio Optimization", [.pdf] with S. Sen & L. Yu, Operations Research,  54(1):55-72, 2006.

18. "Decision Aids for Scheduling and Hedging (DASH) in Deregulated Electricity Markets: A Stochastic Programming Approach to Power Portfolio Optimization", [.pdf] with S. Sen and L. Yu, Proceedings of the 2002 Winter Simulation Conference, E.Yucesan, C.H. Chen, J.L. Snowdon, J.M. Charnes, eds., 1530-1538, 2002.

Area of Research