Playing a round of golf and negotiating the price of a car are examples of
A) sequential-move games.
B) simultaneous-move games.
C) a Nash equilibrium.
D) dominant strategies.

Question

Quizplus · Accepted Answer

Playing a round of golf and negotiating the price of a car are examples of sequential-move games because in both scenarios, the actions of players (or participants) occur in a specific sequence. In golf, players take turns hitting the ball, and in car price negotiations, offers and counteroffers are made in a sequence.

Playing a Round of Golf and Negotiating the Price of a Car