When firms choose outputs, as in the Cournot model, reaction functions slope downward. But when firms choose

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When firms choose outputs, as in the Cournot model, reaction functions slope downward. But when firms choose prices, as in the Bertrand model with differentiated products, reaction functions slope upward. Why do output reaction functions differ from price reaction functions in this way?
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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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