Bert Willems

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

SCHOLARLY PAPERS

22

DOWNLOADS
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Top 16,243

in Total Papers Downloads

3,018

SSRN CITATIONS
Rank 31,771

SSRN RANKINGS

Top 31,771

in Total Papers Citations

9

CROSSREF CITATIONS

11

Scholarly Papers (22)

1.

Physical and Financial Virtual Power Plants

Number of pages: 12 Posted: 27 Sep 2005
Bert Willems
Tilburg University - Department of Economics - CentER & TILEC
Downloads 404 (73,781)
Citation 3

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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
Tilburg University - Department of Economics - CentER & TILEC and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 386 (77,705)
Citation 4

Abstract:

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Electricity markets, Financial Markets, Investments

3.

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 and Bert Willems
Tilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 296 (104,723)

Abstract:

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

4.

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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 249 (125,682)
Citation 1

Abstract:

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

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
Tilburg University - Department of Economics - CentER & TILEC, Tilburg University and Tilburg University - Department of Economics - CentER & TILEC
Downloads 197 (157,615)

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 180 (171,044)
Citation 1

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC and University of Bologna
Downloads 173 (177,157)

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 143 (207,958)

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC, affiliation not provided to SSRN and WWZ, Wirtschaftswissenschaftliche Fakultät der Universität Basel
Downloads 141 (210,375)
Citation 8

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 117 (242,920)
Citation 2

Abstract:

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Vertical Integration, Unbundling, Cross-Ownership, Electricity

11.

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
Tilburg University - Department of Economics - CentER & TILEC
Downloads 116 (244,461)

Abstract:

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electricity markes, capacity mechanisms, internal energy market

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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 84 (305,692)
Citation 1

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 31 (485,475)

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC

Abstract:

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Supply Function Equilibrium, Option Contracts, Strategic Commitment

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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 105 (262,320)
Citation 4

Abstract:

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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 and Bert Willems
Tilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 100 (271,162)
Citation 2

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 83 (305,348)

Abstract:

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

16.

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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 74 (326,610)

Abstract:

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

17.

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
Tilburg University - Department of Economics - CentER & TILEC and University of Groningen
Downloads 73 (329,018)

Abstract:

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

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
Bruegel and Tilburg University - Department of Economics - CentER & TILEC
Downloads 36 (450,718)
Citation 2

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute
Downloads 29 (483,030)

Abstract:

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20.

Exclusivity Contracts, Insurance and Financial Market Foreclosure

The Journal of Industrial Economics, Vol. 60, Issue 4, pp. 609-630, 2012
Number of pages: 22 Posted: 23 Dec 2012
Cédric Argenton and Bert Willems
Tilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 1 (664,710)
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21.

Optimal Regulation of Network Expansion

RAND Journal of Economics, Vol. 49, No. 1, 2018
Posted: 21 Apr 2018
Bert Willems and Gijsbert Zwart
Tilburg University - Department of Economics - CentER & TILEC and University of Groningen

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC and Catholic University of Leuven (KUL) - Center for Economic Studies and Energy Institute

Abstract:

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