NEXT SEMINAR (10th September 2026)
Sergei Balakin (Monash University)
Title: Storage Cycles (joint with Guillaume Roger)
Abstract: We study the monopoly problem of a large-scale storage unit that faces a periodic but uncertain demand over multiple cycles. Time is continuous and strategies are functions of time expressed in terms of power rates (rather than quantities). Storage buys in periods of below-average demand and sells when demand exceeds the mean. For different information structures we characterize the selling and buying strategies exactly as a pair of (time-varying) intensity and threshold time. This flexibility enables the operator to alleviate the impact of its market power over time within a cycle by smoothing out the (dis)charge rate. When the capacity is not too large in a sense we make precise, the storage operator trades that capacity in full every cycle, even under rate (dis)charge constraints. For a large capacity, intertemporal (dynamic) linkages emerge across cycles. Depending on the demand realization, the storage operator may save some energy to mitigate the impact of her market power when selling now and buying again later, may then gamble over the next cycle and may even buy more initially than in the static optimum.
UPCOMING SEMINARS
AUTUMN TERM 2026-2027
| Date | Speaker | Institution | Title |
|---|---|---|---|
| 10 September 2026 | Sergei Balakin | Monash University | Storage Cycles |
| 11 September 2026 | Andrea Giuseppe Vitali | EHU & University of Rome Tor Vergata | TBA |
| 25 September 2026 | Marta Suárez Vega | Universidad de Las Palmas de Gran Canaria | The Role of Executive Managers / Directors in Cartel Formation |
| 8 October 2026 | Hamza Amal | EHU | TBA |
| 29 October 2026 | Iñigo Iturbe-Ormaetxe | Universidad de Alicante | TBA |
| 12 November 2026 | Madalen Castells-Jauregui | European Central Bank | TBA |
| 26 November 2026 | Sergey Slobodyan | Charles University and CERGE-EI | TBA |
| 3 December 2026 | Ignacio Berasategui | Deusto Business School | TBA |
| 10 December 2026 | Julen Zarate-Pina | EHU | TBA |
SPRING TERM 2026-2027
| Date | Speaker | Institution | Title |
|---|---|---|---|
| 13 May 2027 | Alejandra Torres-Martínez | EHU | TBA |
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| 30 January 2026 | Aitor Irastorza-Fadrique | EHU | The Impact of Labour Demand Shocks when Occupational Labour Supplies are Heterogeneous |
| 27 February 2026 | Javier Viviens | European University Institute | Estimating the Intensive Margin Effect in Panel Data Settings |
| 13 March 2026 | Diego Zambiasi | Newcastle University | Gangs of London: What Online Gang Territory Maps Reveal About Crime and Policing |
| 18 March 2026 | Han Bleichrodt | Universidad de Alicante | The Value of Life Under Prospect Theory |
| 27 March 2026 | Rostislav Stanek | Masaryk University | Aversion to Strategic Uncertainty in Games |
| 17 April 2026 | Ander Iraizoz | University of Oxford | The Incidence of Differential Commodity Taxes: Do Relative Costs among Competitors Matter? |
| 30 April 2026 | Marion Leroutier | CREST-ENSAE | A Breath of Fresh Air? Fossil Fuel Electricity Phase Outs and the Long-Run Costs of Chronic Pollution Exposure |
| 13 May 2026 | Alessio Garau | University of Cagliari | Scholars and the Machine: On Automation and Academic Performance |
| 15 May 2026 | Duarte Gonçalves | University College London | Speed, Accuracy, and Complexity |
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| 12 June 2026 | Magdalena Domínguez | Institute for Fiscal Studies | Neighbourhood Labelling and Criminal Justice Decisions |
| 17 June 2026 | Joan Llull | Institut d'Anàlisi Econòmica and Barcelona School of Economics | Selective Immigration Policies and the U.S. Labor Market |
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| Date | Speaker | Institution | Title |
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| 23 January 2025 | Miguel Ballester | University of Oxford | The Rationalizability of Survey Responses |
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| 21 February 2025 | Izaskun Barba Areso | Universidad Pública de Navarra | Diffusion of Women’s Political Empowerment: Dynamic Spatial Panel Data |
| 14 March 2025 | Konuray Mutluer | CERGE-EI | Influence Motivated Communication |
| 28 March 2025 | Yan Chen | University of Michigan | Social Media and Job Market Success: A Field Experiment on Twitter |
| 9 May 2025 | Yuliya Rychalovska | University of Namur | Survey Expectations, Learning and Inflation Dynamics |
| 16 May 2025 | David Martínez Miera & Carlos Sunyer | Universidad Carlos III de Madrid | What Divides Us Can Kill Us: Political Polarization, Human Capital Allocation and Hospital Outcomes |
| 5 June 2025 | Marco Barassi | University of Birmingham | Grouped Patterns in Economic Growth and Income Inequality |
ACADEMIC YEAR 2023-2024
| Date | Speaker | Institution | Title |
|---|---|---|---|
| 22 September 2023 | Roberto Serrano | Brown University | Meditated (Anti)Persuasive Communication |
| 3 November 2023 | Juan M. Londono | Federal Reserve Board | The Price of Macroeconomic Uncertainty: Evidence from Daily Option Expirations |
| 17 November 2023 | Nagore Iriberri | IKERBASQUE & EHU | Gender Gaps in Financial Literacy: a Multi-arm RCT to Break the Response Bias in Surveys |
| 10 January 2024 | Miren Azkarate-Askasua | University of Mannheim | Union and Firm Labor Market Power |
| 19 January 2024 | Idoia Aguirre | Universidad Pública de Navarra | The Post-COVID Inflation Episode |
| 26 January 2024 | Marina Diez-Rituerto | EHU | Gender Differences in Willingness to Guess Revisited: Heterogeneity in a High Stakes Professional Setting |
| 2 February 2024 | Carlos Vidal | Universidad de Valencia | Longevidad por Cuantía de Pensión en España |
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| 8 March 2024 | Ibai Ostolozaga | EHU | Borrowing Constraints, Financial Frictions, Misallocation and GDP per Worker |
| 15 March 2024 | Jaime Millán-Quijano | Navarra Center for International Development | Welfare Eligibility Manipulation: Evidence From Georgia |
| 22 March 2024 | Jesús Vázquez | EHU | Misaligned Interest Rate Expectations and Bond Term Premium Measures |
| 3 May 2024 | Zafer Kanik | University of Glasgow | A Two-Sector Model of Automation, Wage Inequality, and Productivity |
| 10 May 2024 | Olatz Roman | European University Institute | Children, Household Specialization and Relationship Quality |
| 17 May 2024 | Elisa Failache | Universidad de la República Uruguay | Another Way of Teaching Microeconomics: Impact Evaluation of the CORE Project |
| 24 May 2024 | Alaitz Ayarza | EHU | Determinants of Migration Choices: The Role of Beliefs about Pecuniary and Non-pecuniary Outcomes |
| 28 May 2024 | Miriam A. Golden | European University Institute | How Tolerant are Legislators and Citizens of Corruption? Experimental Evidence from Three Countries |
ACADEMIC YEAR 2022-2023
| Date | Speaker | Institution | Title |
|---|---|---|---|
| 23 September 2022 | Aleix García-Galocha | EHU | Do Nonstrategic Considerations Matter for Behavior in Games? Experimental Study Informed by Direct-Sum Decompositions of Games |
| 7 October 2022 | Antonia Diaz | Universidad Complutense de Madrid | Geographic Mobility Over the Life Cycle |
| 14 October 2022 | Nagore Iriberri | IKERBASQUE & EHU | Gender Gaps at the Academies |
| 21 October 2022 | José De Sousa | University of Paris-Saclay | Trickle-Down Effects of Affirmative Action: A Case Study in France |
| 4 November 2022 | Mikel Hualde | Universidad Pública de Navarra | On the Aversion to Incomplete Preferences: Indecisiveness and Incomparability |
| 2 December 2022 | Jerome Lang | Université Paris-Dauphine | Approval with Runoff |
| 16 December 2022 | Juan D. Moreno-Ternero | Universidad Pablo de Olavide | Redistribution with Needs |
| 13 January 2023 | Telmo Pérez-Izquierdo | Universidad Carlos III de Madrid | The Determinants of Counterfactual Identification in the Binary Choice Model with Endogenous Regressors |
| 27 January 2023 | Gergely Horvath | Duke Kunshan University | Network Formation and Efficiency in Linear-quadratic Games: An Experimental Study |
| 3 March 2023 | Sara Martínez-de-Morentín | Universidad Pública de Navarra | Violence Against Women: the Witness Dilemma |
| 5 April 2023 | Holger Strulik | University of Göttingen | Automation and the Fall and Rise of the Servant Economy |
| 21 April 2023 | Javier Gardeazabal | EHU | Household Consumption Response to Labor Market Transitions |
| 9 June 2023 | Felipe Livert | EHU | Electoral Outcomes and Public Housing: Nymbi's Political Consequence |
| 16 June 2023 | Perihan Saygin | University of Florida | Gender Gap in Online Teaching Ratings and the Subsequent Effects on Course Enrollment |
| 19 June 2023 | Sergei Balakin | Monash University | Near-Optimal Storage Strategies in Electricity Markets |
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| Date | Speaker | Institution | Title |
|---|---|---|---|
| 17 December 2021 | Annick Laruelle | IKERBASQUE & EHU | Effects of Heterogeneity on Cancer: a Game Theory Perspective |
| 14 January 2022 | Lorenzo Ductor | Universidad de Granada | Gender Diversity in Teams |
| 11 February 2022 | Mikel Casares | Universidad Pública de Navarra | Public Health, Fiscal Policy and Financial Constraints in a SIR-Macro Model with Bonds |
| 25 March 2022 | Annick Laruelle | IKERBASQUE & EHU | Linguistic Conventions and Language Segregation for the Basque Language |
| 8 April 2022 | Luis Puch | Universidad Complutense de Madrid | News Driven Housing Booms: Spain vs Germany |
| 6 May 2022 | Oihane Gallo | University of Lausanne | Stable Partitions for Proportional Generalized Claims Problems |
| 13 May 2022 | Ruzica Savcic | University of Cyprus | Conscription and Educational Outcomes: Evidence from the Republic of Cyprus |
| 20 May 2022 | Pablo Aguilar | Banco de España | Learning the Hard Way: Expectations and the U.S. Great Depression |
| 27 May 2022 | Ricardo Serrano-Padial | Drexel University | Competing Narratives at Work: Belief Dynamics throughout the Pandemic |
| 3 June 2022 | Luis Herrera | EHU | Learning from News |
| 10 June 2022 | Ander Iraizoz | Paris School of Economics | Saving for Retirement through the Public Pension System: Evidence from the Self-employed in Spain |
ACADEMIC YEAR 2020-2021
| Date | Speaker | Institution | Title |
|---|---|---|---|
| 23 October 2020 | Julen Zarate-Pina | University College London | Preferences Over the Timing of Uncertainty Resolution Under Risk and Ambiguity: An Experimental Approach |
| 15 January 2021 | Oihane Gallo | Université de Lausanne | Stable Partitions for Proportional Generalized Claims Problems |
| 26 February 2021 | Nagore Iriberri | IKERBASQUE & EHU | Gender Differences in Peer Recognition by Economists |
| 5 March 2021 | Aitor Irastorza-Fadrique | University of Essex | Robots and Employment in Great Britain: An Industry- and District-Level Analysis |
| 7 May 2021 | Joseph-Simon Goerlach | Bocconi University | Terrorism, Media Coverage and Education: Evidence from al-Shabaab Attacks in Kenya |
| 14 May 2021 | David Martínez de la Fuente | ISEAK | Is It Identity? Parental Preferences for Language Educational Models |
| 28 May 2021 | Aitor Ciarreta | EHU | Forecasting Electricity Prices using Bid Data: Application to OMIE |