Macro-economy - TIAM-UCL

From IAMC-Documentation
Revision as of 21:21, 15 December 2016 by Matthew Winning (talk | contribs)
Jump to navigation Jump to search

Model Documentation - TIAM-UCL

    Corresponding documentation
    Previous versions
    Model information
    Model link
    Institution University College London (UCL), UK, https://www.ucl.ac.uk.
    Solution concept Partial equilibrium (price elastic demand)
    Solution method Linear optimisation
    Anticipation Perfect Foresight

    (Stochastic and myopic runs are also possible)

    The economy is represented for each region by linking TIAM-UCL with Macro Stand Alone (MSA) module to allow consideration of the rest of the economy beyond energy i.e. general not partial equilibrium, and endogenises demand changes.