Łukasz Balbus

https://orcid.org/0000-0002-3181-5187

Education:

• 2020 - habilitation of economics, Warsaw School of Economics, series "Theory of Equilibrium in Models with Intergenerational Altruism"; 
• 2008 - P.h.D. of mathematics at Wrocław University of Science and Technology, defence "Równowaga Nasha w grach dynamicznych, istnienie i aproksymacja", supervisor prof. dr hab. Andrzej Nowak,
• 2004 - M.Sc. of mathematics at Wrocław University of Science and Technology, defense "Gry na procesach Markowa", supervisor prof. dr hab. Andrzej Nowak

Work:

• 2020-present, associate professor at the University of Zielona Góra,
• 2012-2020, assistant professor at the University of Zielona Góra,
• 2008-2012, an assistant at the Wrocław University of Science and Technology.

Publications in journals:

• Łukasz Balbus, Paweł Dziewulski, Kevin Reffet, Łukasz Woźny, (2022). Markov distributional equilibrium dynamics in games with complementarities and no aggregate risk,  Theoretical Economics, Vol. 17, 725--762, DOI: 10.3982/TE4624
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2022).  Time-consistent equilibria in dynamic models with recursive payoffs and behavioral discounting, Journal of Economic Theory, Vol. 204, 1--39, DOI: 10.1016/j.jet.2022.105493
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, (2020). Equilibria in Altruistic Economic Growth Models, 2020, Dynamic Games and Applications, Vol. 10, 1--18,  DOI: 10.1007/s13235-019-00305-3
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, (2020). Markov perfect equilibria in a dynamic decision model with quasi-hyperbolic discounting, Annals of Operations Research, Vol. 287, 573--591, DOI: 10.1007/s10479-018-2778-2
• Łukasz Balbus, (2020). On recursive utilities with non-affine aggregator and conditional certainty equivalent, Economic Theory, Vol. 70, 551--577, DOI: 10.1007/s00199-019-01221-8
• Łukasz Balbus, Paweł Dziewulski, Kevin Reffet, Łukasz Woźny, (2019). A qualitative theory of large games with strategic complementarities, Economic Theory, Vol. 67, 497--523, DOI: 10.1007/s00199-017-1075-7
• Hubert Asienkiewicz, Łukasz Balbus, (2019). Existence of Nash equilibria in stochastic games of resource extraction with risk-sensitive players, TOP : an Official Journal of the Spanish Society of Statistics and Operations Research, Vol. 27, iss. 3, 502--518, DOI: 10.1007/s11750-019-00516-2
• Łukasz Balbus, (2019). Markov Perfect Equilibria in OLG models with risk sensitive agents, Topological Methods in Nonlinear Analysis, Vol. 53, no. 1, 309--333, DOI: 10.12775/TMNA.2019.016
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2018). On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty, Journal of Economic Theory, Vol. 176, 293--310, DOI: 10.1016/j.jet.2018.04.003
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, Łukasz Woźny, (2017). A note on Markov perfect equilibria in a class of non-stationary stochastic bequest games, Journal of Mathematical Analysis and Applications, Vol. 456, iss. 1, 394--401, DOI: 10.1016/j.jmaa.2017.07.018
• Łukasz Balbus, Łukasz Woźny, (2016). A strategic dynamic programming method for studying short-memory equilibria of stochastic games with uncountable number of states, Dynamic Games and Applications, Vol. 6, iss. 2, 187--208,  DOI: 10.1007/s13235-015-0171-1
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, (2016). Non-paternalistic intergenerational altruism revisited, Journal of Mathematical Economics, Vol. 63, 27--33, DOI: 10.1016/j.jmateco.2015.12.002
• Łukasz Balbus, Anna Jaśkiewicz,  Andrzej Nowak, (2015). Bequest games with unbounded utility functions, Journal of Mathematical Analysis and Applications, Vol. 427, 515--524, DOI: 10.1016/j.jmaa.2015.02.062
• Łukasz Balbus, Paweł Dziewulski, Kevin Reffet, Łukasz Woźny, (2015). Differential information in large games with strategic complementarities, Economic Theory, Vol. 50, no. 1, 201--243, DOI: 10.1007/s00199-014-0827-x
• Łukasz Balbus, Anna Jaśkiewicz , Andrzej Nowak, (2015). Existence of stationary Markov perfect equilibria in stochastic altruistic growth economies, Journal of Optimization Theory and Applications, Vol. 165, no. 1, 295--315, DOI: 10.1007/s10957-014-0555-1
• Czesław Bywalski , Mieczysław Kamiński, Mateusz Maszczak, Łukasz Balbus,  (2015). Influence of steel fibres addition on mechanical and selected rheological properties of steel fibre high-strenght reinforced concrete,  Archives of Civil and Mechanical Engineering, Vol. 15, no. 3, 742--750, DOI: 10.1016/j.acme.2014.05.013
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2015). Monotone equilibria in nonatomic supermodular games. A comment, Games and Economic Behavior, Vol. 94, 182--187, DOI: 10.1016/j.geb.2015.05.010
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, (2015). Stochastic bequest games, Games and Economic Behavior, Vol. 90, 247--256, DOI: 10.1016/j.geb.2015.02.017
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2015). Time consistent Markov policies in dynamic economies with quasi-hyperbolic consumers, International Journal of Game Theory, Vol. 44, no. 1, 83--112, DOI: 10.1007/s00182-014-0420-3
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2014). A constructive study of Markov equilibria in stochastic games with strategic complementarities, Journal of Economic Theory, Vol. 150, 815--840, DOI: 10.1016/j.jet.2013.09.005
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2013). A constructive geometrical approach to the uniqueness of Markov stationary equilibrium in stochastic games of intergenerational altruism, Journal of Economic Dynamics & Control, Vol. 37, no. 5, 1019--1039, DOI: 10.1016/j.jedc.2013.01.005
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2013). Markov stationary equilibria in stochastic supermodular games with imperfect private and public information, Dynamic Games and Applications, Vol. 3, no. 2, 187--206, DOI: 10.1007/s13235-012-0065-4
• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2012). Stationary Markovian equilibrium in altruistic stochastic OLG models with limited commitment, Journal of Mathematical Economics, Vol. 48, iss. 2, 115--132, DOI: 10.1016/j.jmateco.2012.02.002
• Łukasz Balbus, (2010). Asymptotic Nash equilibria in discounted stochastic games of resource extraction, Quantitative Methods in Economics: Wydaw. SGGW ; Warszawa, Vol. 11, no. 1, 167--188
• Łukasz Balbus, Andrzej Nowak, (2008). Existence of perfect equilibria in a class of multigenerational stochastic games of capital accumulation, Automatica, Vol. 44, no 6, 1471--1479, DOI: 10.1016/j.automatica.2008.03.001
• Łukasz Balbus, Andrzej Nowak, (2008). Nash equilibria in unconstrained stochastic games of resource extraction, International Game Theory Review, Vol. 10, no 1, 25--35, DOI: 10.1142/S0219198908001753
• Mieczysław Kamiński, Tomasz Trapko, Łukasz Balbus, Czesław Bywalski, (2006).  Materiały Budowlane, rocznik 2006, zeszyt 9, Wydawnictwo SIGMA-NOT
• Łukasz Balbus, Andrzej Nowak, (2004). Construction of Nash equilibria in symmetric stochastic games of capital accumulation, Mathematical Methods of Operations Research, Vol. 60, no 2, 267--277

Chapters in texbooks:

• Łukasz Balbus, Kevin Reffet, Łukasz Woźny, (2016). Dynamic Games in Macroeconomics, Handbook of Dynamic Game Theory, T. Basar, G. Zaccour, eds.  Berlin: Springer International Publishing, 1--50,  DOI: 10.1007/978-3-319-27335-8_18-1
• Łukasz Balbus, Anna Jaśkiewicz, Andrzej Nowak, (2014). Robust Markov perfect equilibria in a dynamic choice model with quasi-hyperbolic discounting, Dynamic games in economics.,  J. Haunschmied, V. M. Veliov, S. Wrzaczek, eds. Berlin: Springer, (Dynamic Modeling and Econometrics in Economics and Finance), s. 1--22. https://doi.org/10.1007/978-3-642-54248-0_1

Grants:

• O dyskontowaniu behawioralnym i równowagach Markowa w stochastycznych problemach decyzyjnych (On behavioral discounting and Markov equilibria in stochastic decision problems), (2020-2023), grant of National Science Center, OPUS 18, performer.
• O równowagach gospodarczych w warunkach niespójności czasowej decyzji (On competitive equilibria with time consistency of decision process), (2017-2019), grant of National Science Center, OPUS 12, no UMO-2016/23/B/HS4/02398, principal investigator.
• Konstruktywne metody znajdowania równowag w dużych gospodarkach (Constructive methods of finding equilibria in large economies), (2013-2016), grant of National Science Center, (2013-2016), SONATA 4, no. 2012/07/D/HS4/01393, principal investigator.
• Równowagi Nasha w garch dynamicznych: istnienie i aproksymacja, (2006-2008), grant of National Science Center, (2013-2016),  Supervisor research grant, no. N201 021 31/1827, main performer, supervisor, prof dr hab. Andrzej Nowak.

Other grants and awards:

• (2023) Grant rektorski (Uniwersytet Zielonogórski)
• (2019) Nagroda indywidualna za osiągnięcia naukowe (Uniwersytet Zielonogórski)
• (2018) Nagroda Zespołowa I stopnia za osiągnięcia naukowe (Uniwersytet Zielonogórski)
• (2017) Nagroda Zespołowa II stopnia za osiągnięcia naukowe (Uniwersytet Zielonogórski)
• (2016) Nagroda Zespołowa I stopnia za osiągnięcia naukowe (Uniwersytet Zielonogórski)
• (2015) Nagroda Zespołowa I stopnia za osiągnięcia naukowe (Uniwersytet Zielonogórski)
• (2010) Grant konferencyjny (Towarzystwo Naukowe Warszawskie)

Other activities:

• Reviewer and member of the panel of experts in the National Science Center.
• Member of the editorial team at Mathematica Applicanda.
• Reviewer in many journals, for example, Annals of Operations Research, Dynamic Games and Applications, Econometrica, Economic Theory, Journal of Economic Theory, Journal of Forecastings, Journal of Mathematical Economics, 

I was born on 14 February 1978 in Rawicz (Greater Poland Voivodeship) in Poland.