Publications
Appeared in peer-reviewed journals
Ketelaars, M. W., Borm, P., & Kort, P. M. (2025). Dynamic Stability of Cooperative Investment under Uncertainty. Operations Research. (Accepted/In Press)
Ketelaars, M. W., & Kort, P. M. (2024). On Subsidization of Investments in R&D and Production Capacity. European Journal of Operational Research. (Accepted/In Press)
Ketelaars, M. W., & Borm, P. (2024). On the Unification of Centralized and Decentralized Clearing Mechanisms in Financial Networks. Mathematical Methods of Operations Research, 99, 205-231.
Ketelaars, M. W., Borm, P., & Quant, M. (2020). Decentralization and mutual liability rules. Mathematical Methods of Operations Research, 92(3), 577-599.
Discussion Papers (preprints)
Ketelaars, M. W. (2024). Perspective Invariance in Financial Networks.
Ketelaars, M. W. (2024). Equity Consistency in Financial Networks.
Ketelaars, M. W., Borm, P., & Herings, P. J.-J. (2024). The Characterization of Clearing Payments in Financial Networks.
Ketelaars, M. W. (2024). On the Compatibility of Composition Axioms in Financial Networks.
Abigaba, M. L., Bengtsson, J., Ketelaars, M. W., & Kort, P. M. (2024). Uncertain Time to Completion in a Sequential Investment Problem: a Theoretical and Empirical Analysis. (major revision at Energy Economics)
Ketelaars, M. W., Borm, P., & Herings, P. J.-J. (2023). Duality in Financial Networks.
Work in progress
On Over-Subsidization and Shadow Cost of Public Funds in collaboration with Jaap Roelen and Peter Kort.