Examlex
________ is a type of data collection in which the researcher simply records the consumer's behaviors.
First-mover Advantage
The competitive advantage gained by the first entity to establish a significant presence in a market or to develop a new product or service.
Duopoly
A market structure where two companies hold dominant or exclusive control over a particular industry or market segment.
Nash Equilibriums
An idea in game theory where a player cannot gain an advantage by altering their strategy if all other players maintain theirs.
Repeated Games
Games in which players engage in a sequence of rounds, allowing for strategy development based on previous outcomes.
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