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:

Editorial service:

orcid.org/0000-0003-0472-5255

See my profile at Google Scholar

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:

Precio de la luz y derechos de emisión de CO2 (with R. Salas)

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:

My CV

fralvare@ccee.ucm.es

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

Departamento de Análisis Económico y Economía Cuantitativa

Departamentos