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