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Market Equilibrium Lab for a Cournot duopoly

Simulate a Cournot duopoly live in your browser. This runs the real Market Equilibrium Lab solver — adjust the inputs, watch it respond instantly, and export the result. No install, no account.

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Supply Demand

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Supply & DemandLive

Controls

Presets

Where the downward demand curve crosses the upward supply curve, the market clears: that price and quantity are the equilibrium. Shifting either curve moves it. The shaded triangles are consumer and producer surplus — the total gains from trade. A per-unit tax lifts the supply curve, raising price, cutting quantity, and creating deadweight loss.

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Data Inspector

Equilibrium price$60.0
Equilibrium qty40.0
Consumer surplus800
Producer surplus800

Governing equation

Reading this result: At the free-market equilibrium of $60.0, 40.0 units clear and the combined surplus (1600) is maximized.

Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.

Price Elasticity of DemandLive

Controls

Presets

Elasticity measures how much quantity demanded responds to price. Where demand is elastic (|E| > 1), a price cut raises total revenue; where it is inelastic, a price cut lowers revenue. On a straight-line demand curve the top half is elastic, the bottom half inelastic, and revenue peaks exactly at the midpoint where elasticity equals one.

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Data Inspector

Quantity50.0
Elasticity-1.00
Typeunit
Revenue$2500

Governing equation

Reading this result: You are at the unit-elastic midpoint: revenue is at its maximum, and small price moves in either direction leave it roughly unchanged.

Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.

Laffer CurveLive

Controls

Presets

At a 0% tax rate the government collects nothing; at 100% no one bothers to earn taxable income, so it also collects nothing. Somewhere between lies a revenue-maximizing rate — the peak of the Laffer curve. How responsive people are to taxes (the elasticity) sets where that peak falls. It is descriptive, not a policy prescription.

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Data Inspector

Revenue at rate0.278
Revenue-max rate55%
Zonebelow peak

Governing equation

Reading this result: Below the revenue-maximizing rate (≈55%) — the base is still large, so a modest rate increase collects more.

Runs locally in your browser — free forever. Scale to the cloud when reality gets heavy.

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About this simulation

The full Market Equilibrium Lab tool models a Cournot duopoly with the same numerics engineers and scientists use — running entirely client-side. Change any parameter and the result updates in real time, so you can build intuition, check a design, or teach the concept without spreadsheets or installs.

More you can do with Market Equilibrium Lab

Other ways to simulate a Cournot duopoly

Frequently asked questions

How do I simulate a Cournot duopoly?
Open this page and use the live Market Equilibrium Lab tool below — set your inputs and the simulation runs instantly in your browser using real numerics. No install, no account needed.
Is it free?
Yes. The simulation runs free in your browser. A one-time unlock or a Pro plan adds advanced parameters, saved presets, data import, and clean exports.
Can I use my own numbers?
Absolutely — every input is adjustable, and with data import you can drive a Cournot duopoly from your own measurements.