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). |
| Detail: |
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.