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Sequential Games
Sequential games are strategic games where players make decisions one after another rather than simultaneously, often incorporating an element of foresight or prediction.
Repeated Games
A framework in game theory where the same game (set of strategic interactions) is played multiple times, allowing for strategy evolution based on past outcomes.
Multi-Period Games
Strategic situations involving a series of decisions or games that unfold over several time periods.
First-Mover Advantage
A strategic advantage gained by the first significant company to enter a market, allowing it to establish brand recognition and customer loyalty before rivals.
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