--%>

Example of a second mover strategy

An instance of a second mover strategy would be a: (1) baseball manager waiting till the other team's manager inserts a pinch hitter before selecting a relief pitcher. (2) firm's decision to lay-off workers. (3) union going on strike while a labor contract expires. (4) firm's decision to introduce a new product before its rivals can. (5) player who echoes what the opponent did within the final period.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Game Theory

  • Q : Repeating game in Nash equilibrium In

    In Nash equilibrium for a repeating game, there the participants: (i) share potential gains in proportion to the relative sizes of the two parties. (ii) are harmed by the prisoners’ dilemma. (iii) have both adopted their respective dominant posi

  • Q : Dominant strategy for dilemma of

    Into a classic non-repeating prisoner’s dilemma, there dominant strategy for each prisoner is to: (1) confess. (2) follow a grim strategy. (3) engage within predatory behavior. (4) cheat on all agreements with the police. (5) engage during tit-f

  • Q : Grim Strategy in Nash Equilibrium A

    A strategy combination where every player is playing a best response to other players' current strategies, and therefore has no incentive to change strategies in a repeating game is termed as: (1) zero-sum equilibrium. (2) the first mover advantage. (3) tit-for-tat. (

  • Q : Go to location of strategic companies

    In this payoff matrix for the location strategies of companies, when ACE fails to anticipate the response of BEST and when ACE locates first: (1) they will both go to location 1, just as they would have while BEST had located first. (2) ACE will go to location 1 and B

  • Q : Potentially affect prices in game theory

    Drew rents strong although nasty bouncers to nightclubs, and also an imperfectly competitive industry. But he knows that his actions potentially influence prices and the market supplies of bouncers, therefore he tries to predict his c

  • Q : Illustration of cooperative game Tom

    Tom and Jill and John are the merely remaining contestants upon the TV show Survivor. Both Tom and Jill secretly collude to divide the million dollars for winning, as well as vote John off the island. Therefore their agreement is an illustration of a: (1) grim strateg

  • Q : Problem about Second Mover Strategy A

    A second-mover strategy is probable to be most advantageous for: (1) an operatic tenor being interviewed as a potential contestant on “American Idol.” (2) a boxer along with a great knockout punch fighting a slower and weaker opponent. (3)

  • Q : Gain by implementing a first decision A

    A firm which can gain by implementing a first decision before any other firms act has a: (w) predatory pricing strategy. (x) controlling market share. (y) first mover advantage. (z) dominance strategy. Hey friends please give your

  • Q : Noncooperative Games ACE and BEST are

    ACE and BEST are the simply two grocery stores within a remote small town into North Dakota. The owners like each other very small and trust each other even less. When they cooperate the Antitrust Division of the U.S. Department of Justice will never know. When both t

  • Q : Different charging in Nash equilibrium

    Red Hat wants to increase the power of Linux to attract Windows users. Microsoft is planning Windows Minus, a weaker version to compete with Linux. Each can sell low, medium, or high powered versions of the new software, but each consequently must charge higher, mediu