Integrated assessment of energy policies: Decomposing top-down and bottom-up

  title={Integrated assessment of energy policies: Decomposing top-down and bottom-up},
  author={C. B{\"o}hringer and T. F. Rutherford},
  journal={Journal of Economic Dynamics and Control},
  • C. Böhringer, C. Böhringer, T. F. Rutherford
  • Published 2009
  • Mathematics
  • Journal of Economic Dynamics and Control
  • The formulation of market equilibrium problems as mixed complementarity problems (MCP) permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the overall economy. Despite the general appeal of the integrated MCP approach, dimensionality imposes limitations on practical application. A complementarity representation involves both primal and dual relationships, often doubling the number of equations and thereby the scope for error in… CONTINUE READING
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