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.
- Global response strategies
- Practical aspects of climate policy
- 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
Research - 2018
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