Bert Willems

UCLouvain - LIDAM / CORE

Place Montesquieu, 3

Louvain-la-Neuve, 1348

Belgium

Tilburg University - Department of Economics - CentER & TILEC

Associate Professor

P.O. Box 90153 Room K308

Tilburg, 5000LE

Netherlands

http://www.bertwillems.com

University of Toulouse 1 - Toulouse School of Economics (TSE)

Place Anatole-France

Toulouse Cedex, F-31042

France

  • UCLouvain - LIDAM / CORE

  • Tilburg University - Department of Economics - CentER & TILEC

    • Email
    • Tel: +31134662588

  • University of Toulouse 1 - Toulouse School of Economics (TSE)

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 24,858

SSRN RANKINGS

Top 24,858

in Total Papers Downloads

3,507

SSRN CITATIONS
Rank 34,542

SSRN RANKINGS

Top 34,542

in Total Papers Citations

16

CROSSREF CITATIONS

10

Scholarly Papers (22)

Actions:
Email selected abstracts
1.

Physical and Financial Virtual Power Plants

Number of pages: 12 Posted: 27 Sep 2005
Bert Willems
UCLouvain - LIDAM / CORE
Downloads 442 (110,550)
Citation 4

Abstract:

Loading...

Futures Markets, Options Markets, Cournot, Market Power, Electricity, Arbitrage

2.

Risk Management in Electricity Markets: Hedging and Market Incompleteness

TILEC Discussion Paper No. 2008-031
Number of pages: 36 Posted: 12 Sep 2008 Last Revised: 20 Feb 2010
Bert Willems and Joris Morbee
UCLouvain - LIDAM / CORE and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 429 (114,499)
Citation 4

Abstract:

Loading...

Electricity markets, Financial Markets, Investments

3.

Competition in Retail Electricity Markets: An Assessment of Ten Year Dutch Experience

TILEC Discussion Paper No. 2016-011, CentER Discussion Paper No. 2016-022
Number of pages: 36 Posted: 17 Jun 2016 Last Revised: 29 Jun 2016
Machiel Mulder and Bert Willems
Centre for Energy Economics Research, University of Groningen and UCLouvain - LIDAM / CORE
Downloads 336 (150,634)
Citation 4

Abstract:

Loading...

retail electricity market, competition, regulation, ex-post assessment

4.

Exclusion as Inefficient Insurance

CentER Discussion Paper Series No. 2009-24, TILEC Discussion Paper No. 2009-015
Number of pages: 30 Posted: 20 Apr 2009 Last Revised: 24 Jun 2013
Cédric Argenton, Cédric Argenton and Bert Willems
Tilburg University - Tilburg University School of Economics and ManagementTilburg Law and Economics Center (TILEC) and UCLouvain - LIDAM / CORE
Downloads 306 (166,386)

Abstract:

Loading...

exclusivity, contracts, monopolization, risk-aversion, risk-sharing, damages

5.

Regulation of Network Infrastructure Investments: An Experimental Evaluation

TILEC Discussion Paper No. 2011-019, CentER Discussion Paper No. 2011-035
Number of pages: 38 Posted: 25 Mar 2011 Last Revised: 31 Mar 2011
Bastian Henze, Charles N. Noussair and Bert Willems
Tilburg University - Department of Economics - CentER & TILEC, Tilburg University and UCLouvain - LIDAM / CORE
Downloads 209 (242,461)
Citation 1

Abstract:

Loading...

Infrastructure Investment, Experiment, Price Cap, Regulatory Holiday

6.

Power Markets Shaped by Antitrust

TILEC Discussion Paper No. 2013-007
Number of pages: 32 Posted: 12 Dec 2012
Malgorzata M. Sadowska and Bert Willems
University of Bologna and UCLouvain - LIDAM / CORE
Downloads 203 (249,054)
Citation 1

Abstract:

Loading...

competition policy, Article 102 TFEU, commitment decisions

7.

Market Integration and Economic Efficiency at Conflict? Commitments in the Swedish Interconnectors Case

TILEC Discussion Paper No. 2012-027
Number of pages: 25 Posted: 18 Jul 2012
Bert Willems and Malgorzata M. Sadowska
UCLouvain - LIDAM / CORE and University of Bologna
Downloads 203 (249,054)

Abstract:

Loading...

European energy markets, transmission congestion, competition policy, Article 102 TFEU, Swedish network

8.

The Effect of Divestitures in the German Electricity Market

TILEC Discussion Paper No. 2011-020, CentER Discussion Paper No. 2011-034
Number of pages: 18 Posted: 25 Mar 2011 Last Revised: 04 Apr 2011
Hannes Weigt and Bert Willems
WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel and UCLouvain - LIDAM / CORE
Downloads 170 (291,445)
Citation 1

Abstract:

Loading...

Supply Function Equilibrium, Cournot competition, electricity markets, divestitures

9.

Cournot Versus Supply Functions: What Does the Data Tell Us?

CentER Discussion Paper Series No. 2007-63, TILEC Discussion Paper No. 2007-023
Number of pages: 27 Posted: 27 Aug 2007 Last Revised: 16 Aug 2009
Bert Willems, Ina Rumiantseva and Hannes Weigt
UCLouvain - LIDAM / CORE, affiliation not provided to SSRN and WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel
Downloads 164 (300,459)
Citation 15

Abstract:

Loading...

supply function equilibrium, Cournot competition, electricity markets

10.

The Potential Impact of Cross-Ownership in Transmission: An Application to the Belgian Electricity Market

Number of pages: 30 Posted: 29 Sep 2005
Guido Pepermans and Bert Willems
KU Leuven - Faculty of Business and Economics (FEB) and UCLouvain - LIDAM / CORE
Downloads 140 (342,132)
Citation 2

Abstract:

Loading...

Vertical Integration, Unbundling, Cross-Ownership, Electricity

11.

Relaxing Competition Through Speculation: Committing to a Negative Supply Slope

Downloads 138 (346,008)
Citation 3

Relaxing Competition Through Speculation: Committing to a Negative Supply Slope

IFN Working Paper No. 937
Number of pages: 33 Posted: 01 Jun 2011 Last Revised: 23 Nov 2012
Par Holmberg and Bert Willems
Research Institute of Industrial Economics (IFN) and UCLouvain - LIDAM / CORE
Downloads 97 (450,245)
Citation 1

Abstract:

Loading...

supply function equilibrium, option contracts, strategic commitment, speculation

Relaxing Competition Through Speculation: Committing to a Negative Supply Slope

TILEC Discussion Paper No. 2012-039, CentER Discussion Paper Series No. 2012-088
Number of pages: 33 Posted: 13 Nov 2012
Par Holmberg and Bert Willems
Research Institute of Industrial Economics (IFN) and UCLouvain - LIDAM / CORE
Downloads 41 (710,533)

Abstract:

Loading...

supply function equilibrium, option contracts, strategic commitment

Relaxing Competition Through Speculation: Committing to a Negative Supply Slope

Journal of Economic Theory, Vol. 159, No. A, 2015
Posted: 21 Apr 2018
Par Holmberg and Bert Willems
Research Institute of Industrial Economics (IFN) and UCLouvain - LIDAM / CORE

Abstract:

Loading...

Supply Function Equilibrium, Option Contracts, Strategic Commitment

12.

The Generation Mix, Price Caps and Capacity Markets

TILEC Discussion Paper No. 2014-026
Number of pages: 16 Posted: 15 Jul 2014 Last Revised: 17 Jul 2014
Bert Willems
UCLouvain - LIDAM / CORE
Downloads 137 (347,953)

Abstract:

Loading...

electricity markes, capacity mechanisms, internal energy market

13.

Arbitrage in Energy Markets: Competing in the Incumbents Shadow

CentER Discussion Paper Series No. 2007-94, TILEC Discussion Paper No. 2007-034
Number of pages: 49 Posted: 04 Dec 2007
Gerd Kupper and Bert Willems
KU Leuven and UCLouvain - LIDAM / CORE
Downloads 128 (366,358)
Citation 4

Abstract:

Loading...

Arbitrage, electricity sector, price discrimination

14.

Exclusion Through Speculation

TILEC Discussion Paper No. 2010-027, CentER Discussion Paper No. 2010-83
Number of pages: 28 Posted: 02 Aug 2010 Last Revised: 24 Jun 2013
Cédric Argenton, Cédric Argenton and Bert Willems
Tilburg University - Tilburg University School of Economics and ManagementTilburg Law and Economics Center (TILEC) and UCLouvain - LIDAM / CORE
Downloads 113 (401,589)
Citation 2

Abstract:

Loading...

exclusion, monopolization, contracts, financial contracts, derivatives, risk aversion, speculation

15.

Risk Spillovers and Hedging: Why Do Firms Invest Too Much in Systemic Risk

CentER Discussion Paper No. 2011-057, TILEC Discussion Paper No. 2011-029
Number of pages: 22 Posted: 01 Jun 2011
Bert Willems and Joris Morbee
UCLouvain - LIDAM / CORE and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 97 (446,981)

Abstract:

Loading...

investments in productive assets, hedging, systemic risk, risk spillovers

16.

Regulatory Holidays and Optimal Network Expansion

TILEC Discussion Paper No. 2016-008, CentER Discussion Paper No. 2016-015
Number of pages: 17 Posted: 27 Apr 2016 Last Revised: 03 Oct 2016
Bert Willems and Gijsbert Zwart
UCLouvain - LIDAM / CORE and University of Groningen
Downloads 96 (449,979)

Abstract:

Loading...

egulatory holiday, real option value, asymmetric information, optimal contract

17.

Regulating Transmission in a Spatial Oligopoly: A Numerical Illustration for Belgium

Energy, Transport and Environment Working Paper No. 2003-14
Number of pages: 35 Posted: 12 Apr 2004
Guido Pepermans and Bert Willems
KU Leuven - Faculty of Business and Economics (FEB) and UCLouvain - LIDAM / CORE
Downloads 86 (482,325)

Abstract:

Loading...

Regulation, Transmission, Electricity, Cournot, Numerical model, Security constraints, MPEC, loadflow, Belgium

18.

Providing Efficient Network Access to Green Power Generators: A Long-Term Property Rights Perspective.

CentER Discussion Paper No. 2017-010, TILEC Discussion Paper No. 2017-007
Number of pages: 28 Posted: 24 Feb 2017 Last Revised: 25 Jul 2017
Georgios Petropoulos and Bert Willems
Massachusetts Institute of Technology (MIT) and UCLouvain - LIDAM / CORE
Downloads 54 (618,083)
Citation 2

Abstract:

Loading...

network access, congestion management, renewable energy sources, power

19.

Risk Spillovers and Hedging: Why Do Firms Invest Too Much in Systemic Risk?

Number of pages: 23 Posted: 23 Sep 2011
Bert Willems and Joris Morbee
UCLouvain - LIDAM / CORE and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 37 (720,174)

Abstract:

Loading...

20.

Bidding and Investment in Wholesale Electricity Markets: Discriminatory versus Uniform-Price Auctions Working Paper

TILEC Discussion Paper No. 2023-14
Number of pages: 37 Posted: 06 Sep 2023 Last Revised: 17 Sep 2023
Bert Willems and Yueting Yu
UCLouvain - LIDAM / CORE and Tilburg University - Department of Economics
Downloads 19 (874,257)

Abstract:

Loading...

21.

Optimal Regulation of Network Expansion

RAND Journal of Economics, Vol. 49, No. 1, 2018
Posted: 21 Apr 2018
Bert Willems and Gijsbert Zwart
UCLouvain - LIDAM / CORE and University of Groningen

Abstract:

Loading...

Real Option Value, Asymmetric Information, Optimal Contract

22.

Market Completeness: How Options Affect Hedging and Investments in the Electricity Sector

Energy Economics, Vol. 32, No. 4, 2010
Posted: 13 Feb 2011 Last Revised: 17 Feb 2011
Bert Willems and Joris Morbee
UCLouvain - LIDAM / CORE and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute

Abstract:

Loading...

Electricity Markets, Financial Markets, Market Completeness, Hedging, Investments, Options