I'm a Postdoctoral Research Fellow in the Dragon Capital research programme on biodiversity economics at the Land, Environment, Economics and Policy Institute of the Economics Department at the University of Exeter Business School.
My research is primarily focussed on mechanism design and I use a variety of methods; developing simple models to capture the essence of the problem, and then typically combining these with data, either from the lab or the real world (be that RCTs or quasi-experimental evidence).
I came to economics from the natural sciences, first pursuing an undergraduate degree in Biological Sciences at the University of Oxford. While I found my degree fascinating, it was apparent that issues of overexploitation were problems which science could largely not address; rather, solutions will be found through a better understanding of human behaviour and incentives.
Qualifications
Links
Research interests
My research is primarily focussed on mechanism design in the context of the environment. I use a variety of methods; developing simple models to capture the essence of the problem, and then typically combining these with data, either from the lab or the real world (be that RCTs or quasi-experimental evidence).
I have worked on how delegating monitoring decisions to individual agents can achieve efficient effort with minimal monitroing costs, and in both the lab and the field, how procurement (aka reverse) auctions can be used to select participants, and determine how much they are paid, in payment for ecosystem service schemes. More recently, I have been expanding the research agenda to look at how best to facilitate environmental markets involving multiple buyers and ecosystem services.
I very much see this research agenda as being motivated by an aim to improve real-world outcomes, and as can be seen in the Policy and Impact page, relish the work I do with external stakeholders such as governmental departments and water companies.
Research projects
My ongoing projects are broadly within the remit of informing the design of markets for environmental services. The first examines how markets involving the exchnage of multiple services between multiple buyers and sellers are most efficiently designed. Second, I am working (as a CoI) on "The Economics of Biodiversity Additionality" to understand the drivers of forest regrowth in Bolivia, and what regrowth therefore constitutes the baseline for any market-based instrument. Finally, I am working to understand what aspects of biodiversity people value, and how this could inform the calculations which underpin biodiversity credits in environmental markets.
Key publications | Publications by category | Publications by year
Publications by category
Journal articles
Balmford A, Fisher B, Mace GM, Wilcove DS, Balmford B (2020). Analogies and lessons from COVID-19 for tackling the extinction and climate crises.
Current Biology,
30(17), R969-R971.
Abstract:
Analogies and lessons from COVID-19 for tackling the extinction and climate crises
As environmental scientists working in countries whose COVID-linked deaths already exceed their military casualties from all campaigns since 1945, we believe there are significant messages from the handling of this horrific disease for efforts addressing the enormous challenges posed by the ongoing extinction and climate emergencies.
Abstract.
DOI.
Balmford B, Annan JD, Hargreaves JC, Altoe M, Bateman IJ (2020). Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life.
Environmental and Resource Economics DOI.
Bateman IJ, Balmford B, Bolt K, Day B, Ferrini S (2019). The value of statistical life for adults and children:. Comparisons of the contingent valuation and chained approaches.
Resource and Energy Economics,
57, 68-84.
DOI.
Balmford B, Green RE, Onial M, Phalan B, Balmford A (2018). How imperfect can land sparing be before land sharing is more favourable for wild species?.
Journal of Applied Ecology DOI.
Bateman IJ, Balmford B (2018). Public funding for public goods: a post-Brexit perspective on principles for agricultural policy.
Land Use Policy,
79, 293-300.
Abstract:
Public funding for public goods: a post-Brexit perspective on principles for agricultural policy
In early 2019 the United Kingdom is due to leave the European Union and with it the Common Agricultural Policy. The UK Government has announced its intentions to formulate a novel agricultural policy following the principle that public funding should be restricted to the provision of public goods. However, the acceptance, interpretation and application of this principle is the subject of intense debate. We overview the background to this debate, reveal the major flaws in present policy and identify and provide our answers to three key questions which future policy must address: (1) What are the farm related public goods that public money should support?; (2) How should that spending be allocated?; (3) How much should be spent? We believe that these questions and their answers will be of general interest beyond the UK.
Abstract.
DOI.
Balmford B, Balmford J, Balmford A, Blakeman S, Manica A, Cowling RM (2006). Diurnal versus nocturnal pollination of Brunsvigia gregaria RA Dyer (Amaryllidaceae) at a coastal site.
SOUTH AFRICAN JOURNAL OF BOTANY,
72(2), 291-294.
Author URL.
DOI.
Chapters
Smith DW, Cassidy K, Stahler D, MacNulty D, Harrison Q, Balmford B, Stahler E, Ellen B, Coulson T (2020). Population Dynamics and Demography. In Smith D, Stahler D, MacNulty D (Eds.) Yellowstone Wolves: Science and Discovery in the World’s First National Park.
Publications by year
2020
Balmford A, Fisher B, Mace GM, Wilcove DS, Balmford B (2020). Analogies and lessons from COVID-19 for tackling the extinction and climate crises.
Current Biology,
30(17), R969-R971.
Abstract:
Analogies and lessons from COVID-19 for tackling the extinction and climate crises
As environmental scientists working in countries whose COVID-linked deaths already exceed their military casualties from all campaigns since 1945, we believe there are significant messages from the handling of this horrific disease for efforts addressing the enormous challenges posed by the ongoing extinction and climate emergencies.
Abstract.
DOI.
Balmford B, Annan JD, Hargreaves JC, Altoe M, Bateman IJ (2020). Cross-Country Comparisons of Covid-19: Policy, Politics and the Price of Life.
Environmental and Resource Economics DOI.
Smith DW, Cassidy K, Stahler D, MacNulty D, Harrison Q, Balmford B, Stahler E, Ellen B, Coulson T (2020). Population Dynamics and Demography. In Smith D, Stahler D, MacNulty D (Eds.) Yellowstone Wolves: Science and Discovery in the World’s First National Park.
2019
Bateman IJ, Balmford B, Bolt K, Day B, Ferrini S (2019). The value of statistical life for adults and children:. Comparisons of the contingent valuation and chained approaches.
Resource and Energy Economics,
57, 68-84.
DOI.
2018
Balmford B, Green RE, Onial M, Phalan B, Balmford A (2018). How imperfect can land sparing be before land sharing is more favourable for wild species?.
Journal of Applied Ecology DOI.
Bateman IJ, Balmford B (2018). Public funding for public goods: a post-Brexit perspective on principles for agricultural policy.
Land Use Policy,
79, 293-300.
Abstract:
Public funding for public goods: a post-Brexit perspective on principles for agricultural policy
In early 2019 the United Kingdom is due to leave the European Union and with it the Common Agricultural Policy. The UK Government has announced its intentions to formulate a novel agricultural policy following the principle that public funding should be restricted to the provision of public goods. However, the acceptance, interpretation and application of this principle is the subject of intense debate. We overview the background to this debate, reveal the major flaws in present policy and identify and provide our answers to three key questions which future policy must address: (1) What are the farm related public goods that public money should support?; (2) How should that spending be allocated?; (3) How much should be spent? We believe that these questions and their answers will be of general interest beyond the UK.
Abstract.
DOI.
2006
Balmford B, Balmford J, Balmford A, Blakeman S, Manica A, Cowling RM (2006). Diurnal versus nocturnal pollination of Brunsvigia gregaria RA Dyer (Amaryllidaceae) at a coastal site.
SOUTH AFRICAN JOURNAL OF BOTANY,
72(2), 291-294.
Author URL.
DOI.