Competition Market Trading Format

Units:-
Default Value:1
Validation Rule:In (0,1)
Description:Trading format for Cournot model (Bilateral=No Arbitrage, POOLCO=With Arbitrage).

Model Market Trading Format controls the assumption about trading in the Nash-Cournot game. It can take the following values:

Bilateral (value = 0)
Market trades are bilateral.
POOLCO (value = 1)
Market trades are made through a central pool.

In general a pool is a more competitive environment.