Former staff
Left to work as a Research Fellow at Nuffield College


  • Elizabeth Baldwin

    Former Research Officer

    Elizabeth’s research has two themes: the modelling of impacts from climate change; and the theory and practice of auctions for multiple related goods, along with the underlying geometry of consumer theory.


    Elizabeth is a Research Fellow at Nuffield College, University of Oxford and Co-investigator on an ESRC grant “Auctions for Multiple Goods, and Understanding Consumer Preferences”.  She advises the Department of Energy and Climate Change on auction design, specifically in setting the strike price of renewable energy support. Working with Paul Klemperer, she advised the Bank of England on a recently-implemented extension of their Indexed Long-Term Repo auctions.

    She also works in applying decision theory to the question of climate policy.  With colleagues at the GRI, she is now considering technology change in integrated assessment modelling.

    Research programmes

    • Global response strategies
    • Practical aspects of climate policy

    Research interests

    • The economics of climate change damages and policy responses
    • Energy economics
    • Environmental policies
    • Applied economics
    • Practical auction theory and market design
    • Consumer theory for indivisible goods
    • Matching with transferable utility

    More information


    Working paper  18 January, 2018

    To build or not to build? Capital stocks and climate policy

    To achieve the goals of the Paris Agreement, the use of fossil fuels must peak and then rapidly decline. This research investigates the impact of climate change policy on capital invested in fossil fuel power plants, especially coal - so-called ‘dirty’ assets. read more »

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    Grantham Workshop 31 May 2017

    Grantham Workshop | Elizabeth Baldwin & Karlygash Kuralbayeva 'Build today, regret tomorrow? Infrastructure and climate policy'

    Elizabeth Baldwin, a Visiting Fellow at the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, and Karlygash Kuralbayeva, a Research Officer  at the Grantham Research Institute … read more »


    Grantham Workshop 3 Jun 2015

    Grantham Workshop | Elizabeth Baldwin: 'Climate policy with incomplete knowledge'

    Elizabeth Baldwin, a Research Officer at the Grantham Research Institute, will be the speaker for this seminar.

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