Cournot Demand Intercept

Units:	$/MWh
Mode:	Input/Output
Multi-band:	False
Default Value:	0
Validation Rule:	≥0
Key Property:	No
Description:	Demand function vertical intercept
Detail:

This is the demand function intercept for use in Nash-Cournot game.

Input

The demand function is linear function with intercept in units of price (e.g. $/MWh). The higher the intercept relative to the Demand Slope, the less elastic the demand function.

Example

Cournot	Property	Value	Units
A	Demand Intercept	250	$/MWh
A	Demand Slope	-0.02	$/MWh/MWh

Output

As an output this is the demand function intercept used in the Nash-Cournot game. If defined as input this is simply a repeat of that input, otherwise it is the intercept computed based on the Elasticity assumed.