What are sequential games used to analyse?

Name: What are sequential games used to analyse?
Brand: Quizplus
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Quizplus · Accepted Answer

Sequential games are used to analyze situations in which one firm acts and other firms respond. In these games, a firm's decision is affected by the decisions of other firms that have acted before it. This can be useful in analyzing oligopoly markets, where firms make decisions based on the actions of their competitors.

What Are Sequential Games Used to Analyse