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Pardee Logo International Futures at the Pardee Center

International Futures Help System

Structure and Agent System: Energy

System/Subsystem
Energy
Organizing Structure
Partial market
Stocks
Capital, resources, reserves
Flows
Production, consumption, trade, discoveries, investment
Key Aggregate  Relationships 
(illustrative, not comprehensive)
Production function with exogenous technology change;
 
Energy demand relative to GDP;
 
Price determination
Key Agent-Class Behavior  Relationships
(illustrative, not comprehensive)
Government taxes, subsidies