Talat S. Genc

Professor of Economics

Department of Economics and Finance

Email:

tgenc@uoguelph.ca

Phone number:

1-519-824-4120 ext. 56106

Fax:

1-519-763-8497

Office:

MacKinnon (MCKN), Room 732

Website links:

Google Scholar

RePEc/IDEAS

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Biography

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

Prof. Genc received his BSc. and MA from Bogazici University, Turkey in 1997, 1999, respectively. He obtained an MA in Economics and MSc in Industrial Engineering from the University of Arizona, and in 2003 was awarded his PhD in Economics through the University of Arizona, USA. He joined the University of Guelph in 2004 and has taught graduate and undergraduate courses in Industrial Organization, Managerial Economics, and Economics of Regulation.

Genc’s extensive experience in Industrial Economics and Energy Economics has led to over 20 published works on topics ranging from Energy Markets to Dynamic Games. 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.

His special interests include 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. He has held visiting positions at Tilburg University, Gulf University for Science and Technology, ESSEC Business School, LUISS University, Jinan-Birmingham JI, and Kuwait University.

Genc’s current research at the University of Guelph aims to understand restructuring issues in electricity markets and could benefit Canadian electricity markets by offering means to understand cross-border trade, pricing, investment, and environmental conservation issues germane to electricity sector.

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:

RePEc (Research Papers in Economics): https://ideas.repec.org/e/pge79.html#works
Google Scholar: https://scholar.google.com/citations?user=ppqqKRQAAAAJ&hl=en

Refereed Publications

27. " A Circular Economy with Tax Policy: Using Collection Channels and Returns to Mitigate Distortions in Steel Production and Recycling". [.pdf], Journal of Cleaner Production, 2024, vol 451, 142120.

26. "Energy Transition and the Role of New Natural Gas Turbines for Power Production: The Case of GT11N2 M Generators". [.pdf], Energy Economics, 2024, forthcoming.

25. "Energy Transition and the Economy: A Review Article". [.pdf], with S. Kosempel. Energies, 16(7), 2965, 2023.

24. "Implementing The United Nations Sustainable Development Goals to Supply Chains with Behavioral Consumers". [.pdf], Annals of Operations Research, 2021.

23. "Dynamic Pricing and Green Investments under Conscious, Emotional, and Rational Consumers", [.pdf] with P. De Giovanni, Cleaner and Responsible Consumption, vol 2, July, 2021

22. "Dynamic Competition In Electricity Markets under Uncertainty”, [.pdf] with H. Thille and K. ElMawazini, Energy Economics, vol 90, August, 2020.

21. "Closed-loop Supply Chain Games with Innovation-led Lean Programs and Sustainability”, [.pdf] with P. De Giovanni, International Journal of Production Economics, 219: 440-456, 2020.

20. "Coordination in Closed-Loop Supply Chain with Price-Dependent Returns”, [.pdf] with P. De Giovanni, chapter Games in Management Science: Essays in Honor of Georges Zaccour; Pineau, P.O, et al. (eds), Springer-Verlag, pp. 87-113, 2019. DOI: 10.1007/978-3-030-19107-8_6

19. "Who Should Own A Renewable Technology? Ownership Theory and an Application", [.pdf] with S. Reynolds, International Journal of Industrial Organization, 63: 213-238, 2019.

18. "Optimal Return and Rebate Mechanism in a Closed-loop Supply Chain Game”, [.pdf] with P. De Giovanni”, European Journal of Operational Research, 269:661-681, 2018.

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

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

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

14. "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.

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

12. "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.

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

10. "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.

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

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

7. "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.

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

5. "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.

4. "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.

3. "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.

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

1. "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.