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
Rank 22,034

SSRN RANKINGS

Top 22,034

in Total Papers Downloads

3,247

SSRN CITATIONS
Rank 35,601

SSRN RANKINGS

Top 35,601

in Total Papers Citations

10

CROSSREF CITATIONS

12

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 433 (94,066)
Citation 4

Abstract:

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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 409 (100,560)
Citation 4

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 309 (136,908)
Citation 1

Abstract:

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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
Tilburg University - Tilburg University School of Economics and ManagementTilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 298 (142,233)

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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
Tilburg University - Department of Economics - CentER & TILEC, Tilburg University and Tilburg University - Department of Economics - CentER & TILEC
Downloads 201 (208,630)
Citation 1

Abstract:

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Infrastructure Investment, Experiment, Price Cap, Regulatory Holiday

6.

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 193 (216,277)

Abstract:

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

7.

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 191 (218,331)
Citation 1

Abstract:

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competition policy, Article 102 TFEU, commitment decisions

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 153 (263,312)

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 149 (269,088)
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 131 (297,337)
Citation 2

Abstract:

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Vertical Integration, Unbundling, Cross-Ownership, Electricity

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 86 (398,383)
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 34 (614,253)

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

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
Tilburg University - Department of Economics - CentER & TILEC
Downloads 118 (321,033)

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 114 (328,893)
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
Tilburg University - Tilburg University School of Economics and ManagementTilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 104 (350,114)
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 90 (383,751)

Abstract:

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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
Tilburg University - Department of Economics - CentER & TILEC and University of Groningen
Downloads 82 (405,877)

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 77 (420,792)

Abstract:

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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 Tilburg University - Department of Economics - CentER & TILEC
Downloads 42 (557,353)
Citation 2

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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 30 (623,894)

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
Tilburg University - Tilburg University School of Economics and ManagementTilburg Law and Economics Center (TILEC) and Tilburg University - Department of Economics - CentER & TILEC
Downloads 3 (850,041)

Abstract:

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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