In a sequential game, one firm will act first and then other firms will respond.

Name: In a sequential game, one firm will act first and then other firms will respond.
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In a sequential game, players take turns making decisions or moves, and the order of moves is predetermined. In some cases, there may be one firm that acts first, followed by other firms that react to the first firm's decision.

In a Sequential Game, One Firm Will Act First and Then