Competition Revenue Targeting Iterations

Units:	-
Default Value:	1
Validation Rule:	≥1
Description:	Number of iterations used to recover fixed costs.
Detail:

Competition Revenue Targeting Iterations controls the number of iterations (bidding rounds) modelled in attempting to meet revenue targets set by either the LRMC Recovery or Nash-Cournot games.

Increasing the iterations is like assuming more collusion between firms. Hence more than two or three iterations is probably unrealistic.