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.