Examlex
Stress, in and of itself, is ________.
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if other players keep theirs unchanged; it represents a state of mutual strategy optimization.
Extensive Form
A representation of games (in game theory) that illustrates the sequence of moves, available strategies, and potential outcomes in a tree diagram.
First-Mover Advantage
The competitive advantage gained by the initial significant occupant of a market segment.
Extensive Form
In game theory, a detailed representation of a game that includes the order of players' moves, their choices at every node, and the outcomes resulting from each combination of choices, displayed as a decision tree.
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