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Nash-Cournot Competition I 33 min
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Slides
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Model
Xpand: Nash-Cournot Competition I
A deeper look at the PLEXOS Nash-Cournot formulation
Beginning with a brief overview of Nash-Cournot (NC) competition, this session focuses on how to understand the PLEXOS formulation of the NC optimization problem. We look at both the derivation as well as how to go about solving a simple example with two companies involved in the game.