--%>

Gain by implementing a first decision

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 opinion for the problem of Economics that is given above.

   Related Questions in Game Theory

  • Q : Experience decreasing costs industry If

    If one industry’s development stimulates development in support and complementary industries, it permits firms within the industry to: (i) move up their rising long run average costs curves. (ii) sell their products for higher prices. (iii) focus old technologie

  • Q : Tit-for-Tat in Dynamic Games Assume

    Assume that Kevin and Margeaux play a repeated game in that they can choose to act either cooperatively or non cooperatively. When on the third round, Kevin reacts cooperatively and Margeaux react uncooperatively: (1) and both use tit-for-tat strategy

  • Q : Strategies of companies in go to

    In this payoff matrix for the location strategies of companies, when BEST locates first: (w) both companies will go to location 1. (x) both companies will go to location 2. (y) this will go to location 1 and ACE will go to location 2. (z) this will go to location 2 an

  • Q : Example of a second mover strategy An

    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 con

  • Q : Asymmetric Information If two firms

    If two firms considering a possible merger have unequal levels of knowledge regarding issues in their negotiations: (w) potential abuses of asymmetric information exist. (x) the payoff matrix is invariably asymmetric. (y) the more knowledgeable negotiator will gain by

  • Q : Study of independent decision Game

    Game theory is about the study of: (w) the utility maximizing behavior of individuals. (x) strategic interactions between interdependent decision makers. (y) independent decision making process of an individual firm. (z) the policy making process of a

  • Q : Competitive prices and efficiency and

    When all industries were purely competitive and externalities were not present and when the distribution of income was viewed as fair by consensus of the population, in that case the marginal value to society of an extra unit of a goo

  • Q : Operates dilemma of prisoner When this

    When this prisoners’ dilemma operates upon a one-time basis, in that case the result is probably to be in the quadrant for: (1) confess; confess. (2) hold out; hold out. (3) Ack-Ack confess; Bongo holdout. (4) Bongo confess; Ack-Ack holdout. (5)

  • Q : Game theory according to oligopolists

    The game theory approach supposes that oligopolists: (w) do not maximize profit. (x) act strategically. (y) are actually monopolists in disguise. (z) maximize revenue. I need a good answer on the t

  • Q : Problem regarding to zero sum games

    Making a bet within an office pool on this year’s Kentucky Derby is an illustration of a: (w) positive-sum game. (x) negative-sum game. (y) zero-sum game. (z) tit-for-tat game. Can anybody suggest me the proper explanation fo