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This paper discusses the use of optimization software to solve an optimal control problem arising in the modeling of technology transition. We set up a series of increasingly complex models with such features as learning-by-doing, adjustment cost, and capital investment. The models are written...
Persistent link: https://www.econbiz.de/10008500917
In this paper we examine the interaction between technology policy and its impact on the full basket of worldwide greenhouse emissions over the 21st century. The heart of the analysis is the Argonne National LaboratoryÕs AMIGA Modeling System, a technology rich, general equilibrium model that...
Persistent link: https://www.econbiz.de/10004983798
Policy makers and analysts are raising questions about the adequacy of policy and technology representation in conventional energy and economic models. Most conventional models rely on a highly stylized and limited characterization of technology. In these models, any desired changes in energy...
Persistent link: https://www.econbiz.de/10004984023
Persistent link: https://www.econbiz.de/10005192133
This paper discusses the use of optimisation software to solve an optimal control problem arising in the modelling of technology transition. We set up a series of increasingly complex models with such features as learning-by-doing, adjustment cost, and capital investment. The models are written...
Persistent link: https://www.econbiz.de/10010816871
Persistent link: https://www.econbiz.de/10000770046
Persistent link: https://www.econbiz.de/10000783404
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