A sequential game can be modeled in two forms: payoff-matrix form and game-tree form.

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Quizplus · Accepted Answer

Sequential games, which are games where players make decisions one after another, can indeed be represented in two main forms: the game-tree form (also known as extensive form), which shows the sequence of moves, and the payoff-matrix form (or normal form), although the latter is more commonly used for simultaneous games and might not capture the sequential aspect as effectively as the game-tree form.

A Sequential Game Can Be Modeled in Two Forms: Payoff-Matrix