Willemien Kets
Willemien Kets

Assistant Professor of Managerial Economics & Decision Sciences

Print Overview

Willemien Kets joined the MEDS department at the Kellogg School of Management in 2011. Prior to joining MEDS, she was an Omidyar postdoctoral fellow at the Santa Fe Institute. She received her PhD in economics from Tilburg University (Netherlands), and worked as an economic policy analyst for the Dutch government prior to her PhD studies.

Her general research interests are in game theory and microeconomic theory.

Areas of Expertise
Behavioral Economics
Economic Theory
Economics of Uncertainty
Experimental Economics
Game Theory
Information Economics

Print Vita
Ph.D., 2008, Economics, Tilburg University
BSc and MSc, 1999, Chemistry, Nijmegen University, Highest honors

Academic Positions
Donald P. Jacobs Scholar/Assistant Professor, Managerial Economics and Decision Sciences, Kellogg School of Management, Northwestern University, 2011-present
Research Fellow, U.C. Irvine, 2010-2011
Omidyar Fellow, Santa Fe Institute, 2008-2010

Honors and Awards
Certificate of Impact Teaching Award
Ray Reiter Best Paper Prize, Artificial Intelligence Journal, 2012, one year

Print Research
Research Interests

Microeconomic theory, game theory, bounded rationality, identity, experiments, social and economic networks

Perea, Andres and Willemien Kets. 2016. When Do Types Induce the Same Belief Hierarchy?. Games. 7(4): 28.
Heifetz, Aviad and Willemien Kets. Forthcoming. Robust Multiplicity with a Grain of Naivete. Theoretical Economics.
Halpern, Joseph and Willemien Kets. 2015. Ambiguous Language and Common Priors. Games and Economic Behavior. 90: 171–180.
Kets, Willemien and Yossi Feinberg. 2014. Ranking Friends. Journal of Economic Behavior and Organization. 107(A): 1-9.
Kets, Willemien and Joseph Halpern. 2014. A logic for reasoning about ambiguity. Artificial Intelligence. 209: 1-10.
Kets, Willemien and Joseph Halpern. 2012. Ambiguous Language and Differences in Beliefs: Proceedings of the 13th International Conference on Principles of Knowledge Representation and Reasoning.
Kets, Willemien, Garud Iyengar, Rajiv Sethi and Sam Bowles. 2012. Inequality and network structure. Games and Economic Behavior. 73: 215-226.
Kets, Willemien. 2011. Robustness of equilibria in anonymous local games. Journal of Economic Theory.(146): 300-325.
Kets, Willemien. 2010. Learning with fixed rules: The minority game. Journal of Economic Surveys. 26: 763-970.
Deijfen, M. and Willemien Kets. 2009. Random intersection graphs with a tunable degree distribution and clustering. Probability in the Engineering and Informational Sciences. 23: 661-674.
Kets, Willemien and M. Voorneveld. 2008. Learning to be prepared. International Journal of Game Theory.(37): 333-352.
Voorneveld, M., Willemien Kets and H. Norde. 2005. An axiomatization of minimal curb sets. International Journal of Game Theory.(33): 479-490.
Kets, Willemien and P.J. G. Tang. 2004. Free trade and its enemies. De Economist.: 152-153, 427-437.
Kort, R.de, Willemien Kets and H.van Kempen. 2001. A low-temperature scanning tunneling microscopy study on the Sn- and Zn-doped InP(110) surfaces. Surface Science.(482): 495-500.
Kort, R.de, M.C.M.M.vander Wielen, A.J.A.van Roij, Willemien Kets and H.van Kempen. 2001. Zn- and Cd-induced features at the GaAs(110) and InP(110) surfaces studied by low-temperature scanning tunneling microscopy. Physical Review B. 63(125336)
Working Papers
Kets, Willemien and Alvaro Sandroni. 2017. Challenging Conformity: A Case for Diversity.
Kets, Willemien and Terri Kneeland. 2016. Bounded Reasoning: Rationality or Cognition.
Kets, Willemien. 2011. Bounded Reasoning and Higher-Order Uncertainty.
Kets, Willemien and Alvaro Sandroni. 2015. A belief-based theory of homophily.
Kets, Willemien. 2013. Finite depth of reasoning and equilibrium play in games with incomplete information.
Conference Proceedings
Kets, Willemien, David Pennock, Rajiv Sethi and N. Shah. 2014. "Betting Strategies, Market Selection, and the Wisdom of Crowds." In Twenty-Eighth AAAI Conference on Artificial Intelligence (AAAI-14),, Artifical Intelligence.

Print Teaching
Teaching Interests

Microeconomic theory, behavioral economics, mathematical methods

Full-Time / Evening & Weekend MBA
Microeconomic Analysis (MECN-430-0)
1Ys: This course is either waived during the admissions process or completed during the Summer term. Among the topics this core course addresses are economic analysis and optimal decisions, consumer choice and the demand for products, production functions and cost curves, market structures and strategic interactions, and pricing and non-price concepts. Cases and problems are used to understand economic tools and their potential for solving real-world problems.