Macro-economy - TIAM-UCL

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Model Documentation - TIAM-UCL
Corresponding documentation
Model information
Institution University College London (UCL), 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 hard-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.