Sequential games are often used to analyse which two types of business strategies?

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Sequential games are widely used to analyze strategic situations where there is a sequence of actions taken by firms. In such games, each firm considers the actions of other firms before making its own choices. One of the most common applications of sequential games is in analyzing the deterrence of entry by a rival firm. In this situation, a dominant firm might threaten to punish a rival firm (e.g., by dropping prices) if it enters the market. Bargaining between firms is also a common application of sequential games, where firms negotiate over prices, quantity, or other aspects of the contract.

Sequential Games Are Often Used to Analyse Which Two Types