ÁLVAREZ GONZÁLEZ, FRANCISCO

Assotiate Professor (Titular Universidad), Microeconomics.Ph. D. in Economics, Universidad Complutense Madrid, 1997.B.S. in Economics, Universidad Complutense Madrid, 1991."People spend some of their time taking non-rational decisions and the rest of their time rationalising them."
Alan Kirman, 2013, citing Pareto.
Activity as organizer:
- Workshop in Economic Theory, April, 16th, Málaga
- 16th European Meeting on Game Theory, SING
- V Spain-Japan Economic theory Meeting
- REES Meeting, 2021
Editorial service:
Research interests:
- Multi-unit multi-bid auctions.
- Applications of Dynamic Optimization to economics.
- Applications of Machine Learning to economics.
Papers in JCR indexed journals: [1]
- Is small always beautiful? Analysing the efficiency effects of size heterogeneity in renewable electricity auctions. Energy Economics DOI:https://doi.org/10.1016/j.eneco.2021.105698 (with P. del Río).
- Identifying moratility factors from Machine Learning using Shapley values - a case of COVID19. Expert Systems with applications. DOI:https:// doi.org/10.1016/j.eswa.2021.114832 (with M. Smith). Code ocean capsule: https://codeocean.com/capsule/6446299/tree/v1
- Using Shapley values to assess the impact of temporary traffic restrictions on NO2 levels in Madrid urban area. Forthcoming in International Journal of Environmental Science and Technology. DOI:http://link.springer.com/article/10.1007/s13762-020-03091-3 (with M. Smith)
- Predicting firm-level bankruptcy in the Spanish economy using Extreme Gradient Boosting. Forthcoming in Computational Economics DOI:https://doi.org/10.1007/s10614-020-10078-2(0123456789 (with M. Smith).
- (Quasi)uniqueness and restoring dynamics of price-dispersion market equilibria under search cost Journal of Mathematical Economics DOI: https://doi.org/10.1016/j.jmateco.2018.12.002 (with J.M. Rey).
- Overpricing in Spanish Treasury auctions. Annals of Economics an Finance. DOI: http://aeconf.com/Articles/May2019/aef200109.pdf (with C. Mazón)
- Evolutionary dynamics of price dispersion with market-dependent costs. Computational Economics DOI: https://doi.org/10.1007/s10614-017-9770-9 (with J.M: Rey and R.G. Sanchis)
- Assigning pollution permits: are uniform auctions efficient? Economic Theory DOI: https://doi.org/10.1007/s00199-017-1089-1(with C. Mazón and F. J. André).
- Decomposing risk in an exploitation-exploration problem with endogenous termination time, Annals of Operations Research, DOI: https://doi.org/10.1007/s10479-017-2610-4.
- Pricing strategy versus shopping behavior under market price dispersion, Abstract and Applied Analysis, DOI: http://dx.doi.org/10.1155/2016/3254240 (with J.M: Rey and R.G. Sanchís).[2]
- Auctioning emission permits with market power, B.E. Journal of Economic Analysis and policy, DOI: http://dx.doi.org/10.1515/bejeap-2015-0041-x, Published on line, 8 Sep 2016 . (with F.J. André).
- Price volatility in the secondary market and bidders heterogenous behavior in Spanish Treasury Auctions, Empirical Economics, DOI: http://dx.doi.org/10.1007/s00181-015-0988-x, Published on line, 1 Aug 2015 (with C. Mazón).
- Consumer’s shopping response to price distribution and σ-overload under time allocation, The Journal of Computational and Applied Mathematics, DOI: http://dx.doi.org/10.1016/j.cam.2015.03.008, Published on line, 14 Mar 2015 (with J.M. Rey and R.G. Sanchís).
- Auctioning vs grand-fathering in cap-and-trade systems with market power and incomplete information, Environmental and Resource Economics, DOI: http://dx.doi.org/10.1007/s10640-014-9839-z, Published on line, 29 Oct 2014 (with F.J. André).
- Moral Hazard and treadable pollution emission permits, B.E. Journal of Theoretical Economics, DOI: http://dx.doi.org/10.1515/bejte-2013-0072, Published on line, 12 Apr 2014, 14 (1), 415-444 (with E. Camiña).
- Choice overload, satisficing behavior and price distribution in a time allocation model, Abstract and Applied Analysis, DOI: http://dx.doi.org/10.1155/2014/569054, Published on line, 20 Mar 2014 (with J.M. Rey and R.G. Sanchís).
- Numerical analysis of a time allocation model accounting for choice overload, International Journal of Computer Mathematics, DOI: http://dx.doi.org/10.1080/00207160.2013.799667, Published on line, 11 Jun 2013 (with J.M. Rey and R.G. Sanchís).
- Multi-unit auctions with private information: an indivisible unit continuous price model, Economic Theory, DOI: http://dx.doi.org/10.1007/s00199-010-0594-2 (with C. Mazón).
- Comparing the Spanish and the discriminatory auction formats: A discrete model with private information, European Journal of Operational Research, 02/2007; DOI: http://dx.doi.org/10.1016/j.ejor.2006.02.044 (with C. Mazón).
- Treasury auctions in Spain: a linear approach, Spanish Economic Review , 02/2003; 5(1):25-48. DOI: http://dx.doi.org/10.1007/s101080300061 (with C. Mazón and E. Cerdá).
- Learning by doing in a T-period production planning: Analytical solution, European Journal of Operational Research, 02/2003; 150(2):353-369. DOI: http://dx.doi.org/10.1016/S0377-2217(02)00525-8 (with E. Cerdá).
- Cheating for the common good in a macroeconomic policy game, Journal of Economic Dynamics and Control, 01/2002; DOI: http://dx.doi.org/10.1016/S0165-1889(01)00080-X (with C. Deissenberg).
- When does Learning by Doing generate current losses? Spanish Economic Review, 01/2001; 3(1):55-69. DOI: http://dx.doi.org/10.1007/PL00013585 (with E. Cerdá).
- Analytical solution for a class of learning by doing models with multiplicative uncertainty TOP, 02/1999; 7(1):1-23. DOI: http://dx.doi.org/10.1007/BF02564709 (with E. Cerdá).
- Learning-by-Doing under Uncertainty, Computational Economics, 02/1999; 14(3):255-62. DOI: http://dx.doi.org/10.1023/A:1008792810863 (with H. Amman).
- Business telephone traffic demand in Spain: 1980–1991, an econometric approach, Information Economics and Policy, 01/1995; DOI: http://dx.doi.org/10.1016/0167-6245(95)00031-E (with T. Pérez and B. Moreno).
[1] JCR indexed in the year of submission or later.
[2] In the year of first submission is Scopus and Scholar Google indexed, among others.
Currently under review:
- Online auction markets before and during the lockdown (with A. García-Hiernaux and M. Sartarelli).
Other Referred Scientific Publications:
- A Machine Learning Research Template for Binary Classification Problems and Shapley Values Integration. Software impacts. Vol. 8, May 2021, 100074. Elsevier. DOI: https://doi.org/10.1016/j.simpa.2021.100074 (with M. Smith)
- Cross-bidding in eBay-like environments. Chapter in: Dynamic Analysis in Complex Economics environments. Dynamic Modeling and Econometrics in Economics and Finance book series (DMEF, volume 26), pp. 5-27. Springer. (ISBN: Print 978-3-030-52969-7; Online: 978-3-030-52970-3) (with M. Sartarelli).
- Maximizing and satisfycing in a choice model based on time allocation, International Journal of Complex Systems in Science, Vol 4(1), pp. 1-6 (2014) (with J.M. Rey and R.G. Sanchís).
- Pareto-improving cheating in an economic policy game. Chapter in: Stability and Control: Theory Methods and Applications, Vol 22. (ISBN 0-415-30997-2), Chapman & Hall/CRC Florida, USA, 2004, 363-379 (with Ch. Deissenberg).
- (In spanish) Subastas del Tesoro ¿Cómo debe vender el Tesoro la deuda pública? Chapter in: Estudios en homenaje a Luis Angel Rojo : políticas, mercados e instituciones económicas. Vol 1 ( ISBN 84-7491-764-6), España, 343-366 (with C. Mazón).
- Opportunity cost of CO2 emission reductions: developing vs. developed economies, Working paper Instituto Complutense Estudios Internacionales, WP12/09, ISBN: 978-84-692-4272-8.
Other Publications:
Four most recent funded research projects (complete list in my CV):
- Mecanismos, decisiones colectivas y políticas públicas. Funded by Ministerio de Ciencia e Innovación (Spain). Grant reference PID 2020-114309GB-100. From 2021 to 2023. Researcher.
- Reglas de elección, mecanismos y decisiones políticas. Funded by Ministerio de Ciencia, Innovacion y Universidades. Grant reference ECO2017-86245-P. From 2018 to 2020. Researcher.
- Instituciones de mercado, capital humano y tecnología. Funded by Ministerio de Economía y Competitividad (Spain). Grant reference ECO2014-56676-C2-2-P. Researcher. From 2015 to 2017.
- Análisis de mercados: Subastas de Deuda Pública y mercados de derechos de CO2. Funded by Ministerio de Educación y Ciencia (Spain). Grant reference SEJ2007-65722 from 2007 to 2010. Main researcher.
Teaching areas:
- Dynamic Optimization.
- Game Theory.
- Introductory Microeconomics.
- Calculus.
Supervised Thesis:
- Luis E. Nuño Sevilla (2004).
- Leonora Millán (2005).
- Raúl Gutierrez (2013).
- Matthew Smith (expected March 2022)
Visiting research positions:
- Tinbergen Institute (Universiteit van Amsterdam), from Sep 1997 to Feb 1998.
- Centre d-Economie et de Finances Internationales, Universitee Aix-Marseille II, from Sep 1999 to Feb 2000.
- Department of Economics, Univeristy of Maryland, from Sep 2017 to Dec 2017.
- Instituto de Políticas y Bienes Públicos, CSIC, from Sep 2019 to Dec 2019.
Programming languages:
- Numerical methods & Econometrics: currently Python and R, in the past Matlab and Pascal.
- Documents: Latex.
CV and contact:
Postal address:
Departmento Análisis Económico y Economía Cuantitativa, Fac. CC. Económicas, Universidad Complutense de Madrid
Campus de Somosaguas, Prefabricado, Office N321 Pozuelo de Alarcón, Madrid, 28223