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Nash Equilibrium
A concept in game theory where each player's chosen strategy is optimal, given the strategies of all other players, resulting in no incentive to deviate unilaterally.
Sequential Play
A strategic situation in which players make decisions one after another, allowing later players to observe the actions of earlier ones.
Game Theory
The study of mathematical models of strategic interaction among rational decision-makers.
Foreign Moves
Actions or decisions taken in a different country from one's own, often relating to business, relocation, or strategic planning.
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