User`s guide to the META-Net economic modeling system. Version 1.2

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Description

In a market economy demands for commodities are met through various technologies and resources. Markets select the technologies and resources to meet these demands based on their costs. Over time, the competitiveness of different technologies can change due to the exhaustion of resources they depend on, the introduction of newer, more efficient technologies, or even shifts in user demands. As this happens, the structure of the economy changes. The Market Equilibrium and Technology Assessment Network Modelling System, META{center_dot}Net, has been developed for building and solving multi-period equilibrium models to analyze the shifts in the energy system that may occur as ... continued below

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90 p.

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Lamont, A. November 24, 1994.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 41 times . More information about this report can be viewed below.

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Description

In a market economy demands for commodities are met through various technologies and resources. Markets select the technologies and resources to meet these demands based on their costs. Over time, the competitiveness of different technologies can change due to the exhaustion of resources they depend on, the introduction of newer, more efficient technologies, or even shifts in user demands. As this happens, the structure of the economy changes. The Market Equilibrium and Technology Assessment Network Modelling System, META{center_dot}Net, has been developed for building and solving multi-period equilibrium models to analyze the shifts in the energy system that may occur as new technologies are introduced and resources are exhausted. META{center_dot}Net allows a user to build and solve complex economic models. It models` a market economy as a network of nodes representing resources, conversion processes, markets, and end-use demands. Commodities flow through this network from resources, through conversion processes and market, to the end-users. META{center_dot}Net then finds the multiperiod equilibrium prices and quantities. The solution includes the prices and quantities demanded for each commodity along with the capacity additions (and retirements) for each conversion process, and the trajectories of resource extraction. Although the changes in the economy are largely driven by consumers` behavior and the costs of technologies and resources, they are also affected by various government policies. These can include constraints on prices and quantities, and various taxes and constraints on environmental emissions. META{center_dot}Net can incorporate many of these mechanisms and evaluate their potential impact on the development of the economic system.

Physical Description

90 p.

Notes

OSTI as DE96005064

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  • Other Information: PBD: 24 Nov 1994

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  • Other: DE96005064
  • Report No.: UCRL-ID--122511
  • Grant Number: W-7405-ENG-48
  • DOI: 10.2172/197814 | External Link
  • Office of Scientific & Technical Information Report Number: 197814
  • Archival Resource Key: ark:/67531/metadc664399

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Office of Scientific & Technical Information Technical Reports

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  • November 24, 1994

Added to The UNT Digital Library

  • June 29, 2015, 9:42 p.m.

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  • Feb. 23, 2016, 12:51 p.m.

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Lamont, A. User`s guide to the META-Net economic modeling system. Version 1.2, report, November 24, 1994; California. (digital.library.unt.edu/ark:/67531/metadc664399/: accessed August 18, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.