[Market Simulation] MS-182 Cournot Competition for Market Entry

Shows how a new Competitor to the Market could use a Cournot Competititon Model to optimize both Production Capacity then Price. Cournot Competition is used when a Competitor would first set their Output Capacity and then set their Profit Maximizing Price. Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website: https://scientificstrategy.com/ms-182/

This is a companion discussion topic for the original entry at https://kni.me/w/3jyF-lDMiCO-chqu