Which of the following describes when a first-mover advantage can happen?
A)It occurs when a player chooses an option that the other player would not expect, taking the second player by surprise.
B)It occurs when a player makes the move that the other player had announced intentions to make.
C)It occurs when a player preemptively commits to an aggressive position, and the other player's best response will be less aggressive.
D)It occurs when a player chooses their best response before the other player chooses, regardless of how this impacts the other player's options.

Question

Quizplus · Accepted Answer

A first-mover advantage occurs when a player preemptively commits to an aggressive position, and the other player's best response will be less aggressive. This means that the first-mover has the opportunity to set the terms of the game and gain an advantage over their opponent. Options A, B, and D describe other situations in game theory, but they do not apply to the concept of first-mover advantage.

Which of the Following Describes When a First-Mover Advantage Can