MERIT Inoperability Model

The Inoperability MERIT model provides data for short-run outages (between 1-day and 1-week) from localised small-scale disruption events such an electricity, gas, or telecommunication outages.

This model assumes that the economic impacts associated with disruption are limited to those felt directly and through flow-on supply chains, i.e. through delays in production and consumption activity.  No price change or other market dynamics are assumed to be involved.