Developing a Partial Equilibrium Model of an Urban Water System
Staff working paper
This paper by Andrew Barker, Tim Murray and John Salerian was released on 24 March 2010.
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- Preliminaries (PDF - 134 Kb)
Cover, Copyright, Contents, Preface and Acknowledgments - Overview - including key points (PDF - 74 Kb)
- Chapter 1 Introduction (PDF - 106 Kb)
1.1 Existing arrangements
1.2 Reviews of urban water policy
1.3 A role for new economic modelling? - Chapter 2 Partial equilibrium framework (PDF - 110 Kb)
2.1 Introduction to the PE framework
2.2 Stochastic extension: multistage stochastic programming and the probability tree
2.3 Our application - Chapter 3 Results for the core market model (PDF - 92 Kb)
3.1 Prices and storage
3.2 Source of supply
3.3 Sensitivity analysis - Chapter 4 Illustrative applications to policy (PDF - 113 Kb)
4.1 Description of the illustrative applications
4.2 Impact on net social welfare
4.3 Pricing
4.4 Investment in new sources of supply - Chapter 5 Opportunities for further work (PDF - 53 Kb)
- Appendix A Mathematics of the model (PDF - 98 Kb)
- Appendix B Calibration of the model (PDF - 90 Kb)
- Appendix C Investment and supply decisions in a simplified model (PDF - 155 Kb)
- Appendix D Sensitivity analysis (PDF - 115 Kb)
- References (PDF - 74 Kb)
Just briefly...
Model available on request
The GAMS source code for the Urban Water model developed for this paper is available on request by emailing urbanwatermodel@pc.gov.au.
In order to run the model, a licensed version of GAMS with a linear programming solver is required.
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This publication is available from the Media and Publications Section.
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