ÁLVAREZ GONZÁLEZ, FRANCISCO
Assotiate Professor (Titular Universidad), Microeconomics.Ph. D. in Economics, Universidad Complutense Madrid, 1997.B.S. in Economics, Universidad Complutense Madrid, 1991. "Science, my lad, is made up of mistakes, but they are mistakes which it is useful to make, because they lead little by little to the truth."
Jules Verne, A Journey to the Center of the Earth.
Papers in JCR indexed journals: [1]
- (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. Forthcoming in Annals of Economics an Finance (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:
- Nibbling and Sniping in eBay Auctions (with M. Sartarelli).
- Predicting firm-level bankruptcy in the Spanish economy using Extreme Gradient Boosting (with M. Smith).
Other Publications:
- 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), 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.
orcid.org/0000-0003-0472-5255Research interests:
- Treasury Bill Auctions.
- Multi-unit auctions and agency problems in environmental economics.
- Risk and Bayesian learning in dynamic optimization problems.
- Applications of Machine Learning to economics.
Funded Research Projects:
- Grant 2014-ECO2014-56676-C2-2-P. Funded by Ministerio de Economía y Competitividad (Spain). Researcher.
- Análisis de mercados: Subastas de Deuda Pública y mercados de derechos de CO2. Funded by Ministerio de Educación y Ciencia, from 2007 to 2010, as main researcher.
- Internacionalización de las Economías, Subastas de Liquidez del BCE. Funded by Ministerio de Educación y Ciencia, from 2004 to 2007, as main researcher.
- La regulación de la contaminación atmosférica y los mercados de derechos de emisión en la unión europea ampliada, implicaciones de política económica. Funded by Fundación Ramón Areces, from 2004 to 2006, as researcher.
- Políticas Medioambientales en el ámbito de la unión europea: aspectos teóricos y evidencia empírica. Funded by Fundación Ramón Areces, from 2002 to 2003, as researcher.
- Determinantes microeconómicos del crecimiento: estrategias empresariales y políticas públicas. Funded by Ministerio de Educación y Ciencia, from 2002 to 2003, as researcher.
- Comercio electrónico como nueva tecnología de distribución. Impacto en el sector de venta al por menor y en el mercado de deuda pública. Funded by Universidad Complutense de Madrid, from 2001 to 2001, as researcher.
- La inflación: determinantes macroeconómicos, transmisión de la política monetaria y estructura de mercado. Funded by Ministerio de Educación y Cultura, from 1995 to 1998, as assistant researcher.
Teaching:
- Dynamic Optimization.
- Game Theory.
- Introductory Microeconomics.
- Calculus.
Supervised Thesis:
- Luis E. Nuño Sevilla (2004).
- Leonora Millán (2005).
- Raúl Gutierrez (2013).
Visiting 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.
Programming languages:
- Numerical methods & Econometrics: currently Python and R, in the past Matlab and Pascal.
- Documents: Latex.
CV and contact:
Postal address:
Departmento Fundamentos del Análisis Económico II, Fac. CC. Económicas, Universidad Complutense de Madrid
Campus de Somosaguas, Prefabricado, Office N321 Pozuelo de Alarcón, Madrid, 28223