Curriculum Viate Alejandro Barrachina Monfort September 2015 Personal Date of Birth: September 6, 1983 Place of Birth: Castellón de la Plana, Spain Office Address: Departament of Economics Jaume I University, Castellón de la Plana Office NB-1114-DD (Edificio de Investigación II) Av. de Vicent Sos Banyat, s/n 12071 - Castellón de la Plana, Spain Telephone: (+34) 964 38 7636 Webpage: https://sites.google.com/site/alejandrobarrachina/ Email: abarrach@uji.es Alejandro.Barrachina@gmail.com Education B.Sc. Business Administration, 2001-2006, Jaume I University (Castellón de la Plana, Spain). M.Sc. Quantitaive Finance and Banking, 2009, Unversity of Valencia, Spain. Thesis: Multiplicity and Indeterminacy in Financial Equilibrium: Portfolio Constraints and Generalized Logarithmic Utility [in Spanish]. Advisor: Amparo Urbano. Ph.D in Industrial Economics, 2012, University of Valencia, Spain. Dissertation: Theoretical Models of Industrial Espionage. Advisors: Prof. Amparo Urbano (University of Valencia) and Prof. Yair Tauman (Stony Brook University, New York (USA) and Interdisciplirary Center, Herzliya (Israel)). Scholarships June 1, 2006 July 31, 2006. Scholarship holder for the European harmonization project at Jaume I University of Castellón de la Plana (Spain). October 1, 2008-September 30, 2012. PhD. Student Scholarship from the Spanish Ministry of Science and Innovation; Research Training Program (FPI-Formación de Personal Investigador). Spanish National R&D plan 2008-2012. 1
Academic Employment October 23, 2012 December 31, 2014: Visiting Professor, Department of Economics, University Carlos III de Madrid. January 1, 2015 present: PhD Researcher at Department of Economics in Jaume I University (UJI), Castellón de la Plana, (Spain). Member of the Experimental and Computational Economics Research Group. Research Interests Game Theory, Microeconomics and Industrial Organization. Short Stays (Academic Visits) August 31, 2009 November 13, 2009 and August 29, 2011-November 26, 2011. Short Stays at the State University of New York (SUNY) in Stony Brook (United States), working with professor Yair Tauman in Game Theory and Industrial Organization. April 13, 2010 June 20, 2010, June 14, 2011 June 19, 2011 and April 3, 2012-June 29, 2012. Short Stays at the Interdisciplinary Center (IDC) in Herzliya (Israel), working with professor Yair Tauman in Game Theory and Industrial Organization. Publications Alex Barrachina, Gonzalo Rubio and Amparo Urbano (2012), Multiplicity in financial equilibrium with portfolio constrains under the generalized logarithmic utility model. The Spanish Review of Financial Economics 10:2, 41-52. Previous research on the effects of constraints to take unbounded positions in risky financial assets shows that, under the logarithmic utility function, multiplicity of equilibrium may emerge. This paper shows that this result is robust to either constant, decreasing or increasing relative risk aversion obtained under the generalized logarithmic utility function. Alex Barrachina, Yair Tauman and Amparo Urbano (2014), Entry and espionage with noisy signals. Games and Economic Behavior 83, 127-146. We analyze the effect of industrial espionage on entry deterrence. We consider a monopoly incumbent who may expand capacity to deter entry, and a potential entrant who owns an Intelligence System. The Intelligence System (IS) generates a noisy signal based on the incumbent s actions. The potential entrant uses this signal to decide whether or not to enter the market. The incumbent may signal-jam to manipulate the likelihood of the noisy signals and hence affect the entrant s decisions. If the precision of the IS is commonly known, the incumbent benefits from his rival s espionage. Actually, he benefits more the higher is the precision of the IS while the spying entrant is worse off with an IS of relatively high quality. When the IS quality is private information of the entrant, the incumbent is better off with an IS of high expected precision while the entrant benefits from one of high quality. In this case espionage makes the market more competitive. 2
Working Papers Alex Barrachina, Yair Tauman and Amparo Urbano (2014), Entry with two correlated signals. We analyze the effect of industrial espionage on limit-pricing models. We consider an incumbent monopolist engaged in R&D trying to reduce his cost of production and deter a potential entrant from entering the market. The R&D project may be successful or not and its outcome is a private information of the incumbent. The entrant has an access to an Intelligence System (IS hereafter) of a certain precision that generates a noisy signal on the outcome of the R&D project, and she decides whether to enter the market based on two signals: the price charged by the incumbent and the signal sent by the IS. It is assumed that the precision of the IS is exogenous and common knowledge. Our fundamental result is that for intermediate values of the IS precision, the set of pooling equilibria is non-empty even with profitable entry and the entrant enters if the IS tells her the R&D project was not successful. Since in the classical limitpricing models the entrant never enters in a pooling equilibrium, the use of the IS by the entrant increases competition in pooling equilibrium with high probability. Moreover, the incumbent can deter profitable entry with positive probability. Research Projects 2013-2014: Project No.ECO2010-19596 Formation, Funding and Impact of Social Institutions ( Formación, financiación e impacto de las instituciones sociales ). Ministry of Science and Innovation, Spain (Ministerio de Ciencia e Innovación, España). Project leader: Francisco Marhuenda Hurtado Teaching 2010-2011: Intermediate Microeconomics (exercises): Consumer Theory and Theory of Production and Costs. University of Valencia, Bachelor of Business Administration (Undergraduate Program), 2 groups (in Spanish). 2012-2013: Advanced Microeconomics (exercises): General Equilibrium, Expected Utility, General Equilibrium with Uncertainty, Arrow-Debreu and Radner Equilibrium. University Carlos III de Madrid, 2 groups: Bachelor of Economics (in English) and Bachelor of Law and Economics (in Spanish). Economics of Information (exercises): Static and Dynamic Games with Asymmetric Information, General Equilibrium with Uncertainty, Adverse Selection and Moral Hazard. University Carlos III de Madrid, 3 groups (2 in Spanish, 1 in English): Bachelor of Economics. Intermediate Microeconomics (theory): Consumer Theory, Endogenous Income, Uncertainty, Theory of Production and Costs, Competitive Markets and Monopoly. University Carlos III de Madrid, 2 groups: Bachelor of Economics (in English) and Bachelor of Business Administration (in Spanish). 3
Principles of Economics (theory): Introduction to Microeconomics (Demand, Supply, Equilibrium and Intervention in Competitive Markets, Market Power and Asymmetric Information, Externalities and Public Goods) and to Macroeconomics (GDP and National Income Accounting, Fiscal Policy, Labor Markets, Money, Banking System, Interest Rates and Monetary Policy, and Balance of Payments, Exchange Rate and Foreign-Exchange Policy). University Carlos III de Madrid, 1 group (in Spanish): Bachelor of Statistics and Business. 2013-2014: Principles of Economics: See course 2012-2013. University Carlos III de Madrid. 2 groups (theory): Bachelor of Business Administration (in English) and Bachelor of Law (in Spanish); 1 group (exercises): Bachelor of Statistics and Business (in Spanish). Intermediate Microeconomics: See course 2012-2013. University Carlos III de Madrid. 2 groups (theory): Bachelor of Law and Business Administration (in Spanish); 1 group (theory): Bachelor of Business Administration (in English); 2 groups (exercises): Bachelor of Law and Economics (in Spanish). Seminar Presentations March 9, 2011. Seminar at Economics Department, Jaume I University (Castellón de la Plana, Spain). Presentation of Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman and Amparo Urbano). October 6, 2011. Seminar at Economics Department, Stony Brook University (USA). Presentation of Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman and Amparo Urbano). Conference Presentations Presentation of Multiplicity and Indeterminacy in Financial Equilibrium: Portfolio Constraints and Generalized Logarithmic Utility [in Spanish], M.Sc. Thesis, at the VII Workshop on Quantitative Finance and Banking in Toledo (Spain), July 13, 14 and 15, 2009. Presentation of Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman and Amparo Urbano) in a Special Poster Session at the Second Brazilian Workshop of The Game Theory Society, in honor of John Nash, on the occasion of the 60 th anniversary of Nash Equilibrium, held at Sao Paulo, Sao Paulo, Brazil, form july 29 to August 4, 2010 (see Attendance at Seminars and Conferences below). Presentation of Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman and Amparo Urbano) in Poster Session in the Tel Aviv International Conference on Game Theory held from June 20 to 23, 2011 in Tel Aviv. 4
Presentation of Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman and Amparo Urbano) in the 7 th Meeting on Game Theory (SING7) held from July 18 th to 20 th, 2011 in Paris. Presentation of Entry with Two Correlated Signals (joint with Yair Tauman and Amparo Urbano) in the 24 th International Conference on Game Theory held from July 8 th to 12 th, 2013 in Stony Brook, New York (USA). Presentation of Entry with Two Correlated Signals (joint with Yair Tauman and Amparo Urbano) in the XXVIII Industrial Economics Workshop [Jornadas de Economía Industrial] held from September 5 th to 6 th, 2013 in Segovia (Spain). Presentation of Entry with Two Correlated Signals (joint with Yair Tauman and Amparo Urbano) in the Workshop on Strategic Aspects of Terrorism, Security and Espionage held from July 16 th to 18 th, 2013 in Stony Brook, New York (USA). Attendance at Seminars and Conferences Attendance at Conference on Finance and Global Warming, held in Valencia, Spain, April 3 and 10, 2008. Attendance at the VI Workshop on Quantitative Finance and Banking, held at the Faculty of Economics, University of Valencia, in Valencia (Spain), June 12 and 13, 2008. Attendance at the VII Workshop on Quantitative Finance and Banking in Toledo (Spain), July 13, 14 and 15, 2009. Attendance at the 1 st Valencia-Louvain Workshop on Game Theory and Economic Behavior, held at the Faculty of Economics, University of Valencia, in Valencia (Spain) the 1 st of December of 2009. Attendance at the XXXIV Symposium of Economic Analysis [Simposio de la Asociación Española de Economía], held in Valencia, Spain, from 10 th to 12 th December 2009. Attendance at the Second Brazilian Workshop of The Game Theory Society, in honor of John Nash, on the occasion of the 60 th anniversary of Nash Equilibrium, held at Sao Paulo, Sao Paulo, Brazil, form july 29 to August 4, 2010. I was selected as a FAPESP student and I received financial support to attend the Workshop. As a FAPESP student I presented my research in a Special Poster Session. I presented the working paper Industrial Espionage with a Noisy Intelligence (joint with Yair Tauman). During the workshop, I attended the following mini-courses: (1) Auctions by Paul Milgrom (300 minutes) (2) Networks by Matthew Jackson (300 minutes) 5
(3) Non-cooperative games by Shmuel Zamir (300 minutes) (4) Experimental Economics by John Wooders (300 minutes) Please, note that I also attended conferences where I did a presentation (see Conference Presentations above) Other Merits Participation during the academic course 2012-2013 as member of the Bachelor of Statistics and Business Academic Commission in University Carlos III de Madrid. I submitted the application for the Spanish Profesor ayudante doctor and Profesor universidad privada certifications by ANECA on September 26th, 2014. I obtained the Profesor ayudante doctor certification. The application for the Profesor universidad privada certification is still under revision. Languages Spanish: Native language. Valencian (Catalan): Native language. Level: Advanced; level C1 in the Common European Framework of Reference for Languages from the Junta Qualificadora de Coneixements de Valencià (Certificat de Grau Mitjà de Coneixements de Valencià per la Junta Qualificadora de Coneixements de Valencià de la Genertalitat Valenciana). English: First Certificate in English from University of Cambridge ESOL Examinations. Level: Upper intermediate; level B2 in the Common European Framework of Reference for Languages. Other Employment July 1, 2004 September 30, 2004. Bank teller in Caja de Ahorros del Mediterráneo (CAM). University contract of practice. July 2006 October 2006. Practices of bachelor such as administrative assistant at BP Oil refinery in Castellón de la Plana (Spain). October 2006 July 2007. Administrative assistant at Angulo Contratas y Servicios, S. L., in Almazora (Castellón de la Plana, Spain). 6