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technology change the parameters based on time trends may be too large for long run forecasting. When there is clearly …
Persistent link: https://www.econbiz.de/10009435383
The purpose of this report is to define the objectives of the Propane Market Model (PMM), describe its basic approach, and to provide details on model functions. This report is intended as a reference document for model analysts, users, and the general public. Documentation of the model is in...
Persistent link: https://www.econbiz.de/10009435503
The purpose of this report is to define the objectives of the Distillate Market Model (DMM), describe its basic approach, and to provide details on model functions. This report is intended as a reference document for model analysts, users, and the general public. Documentation of the model is in...
Persistent link: https://www.econbiz.de/10009435504
It is becoming increasingly clear, at least on a theoretical level, that modelers of the potential impacts of climate change must impose that change upon the world as it will be configured sometime in the future rather than confine their attention to considerations of what would happen to the...
Persistent link: https://www.econbiz.de/10009435515
The Fossil2 energy-economic model is used by the US Department of Energy (DOE) for a variety of energy and environmental policy analyses. A number of improvements to the model are under way or are being considered. This report was prepared by the Pacific Northwest Laboratory (PNL) to provide a...
Persistent link: https://www.econbiz.de/10009435747
Two major issues associated with model validation are addressed here. First, we present a maximum likelihood approach to define and evaluate a model validation metric. The advantage of this approach is it is more easily applied to nonlinear problems than the methods presented earlier by Hills...
Persistent link: https://www.econbiz.de/10009435763
The Hudson-Jorgenson Energy/Economic Model - formally known as the Long Term Interindustry Transactions Model (LITM) - is an econometric model of the structure of the US economy. LITM integrates two separate models into one integrated system. These models are the Macroeconomic Model, a growth...
Persistent link: https://www.econbiz.de/10009435835
(CIA) and Energy Information Agency (EIA) forecasting models of world oil prices is presented. This comparison consists of …
Persistent link: https://www.econbiz.de/10009435871
1991 was continued rapid growth for the Santa Fe Institute (SFI) as it broadened its interdisciplinary research into the organization, evolution and operation of complex systems and sought deeply the principles underlying their dynamic behavior. Research on complex systems--the focus of work at...
Persistent link: https://www.econbiz.de/10009435887
As part of a study aimed at estimating suburban highway needs for year 2005, models were developed for forecasting … major findings from the forecasting and distribution models for urban highway travel in year 2005. 30 refs., 3 figs., 9 tabs. …
Persistent link: https://www.econbiz.de/10009435975