For preemption to be successful:
A) It must give the initiating player a last-mover advantage.
B) It must give the initiating player a first-mover advantage.
C) The initiating player must have a dominant strategy.
D) A static game must have a unique Nash equilibrium.
E) The initiating player must use a maximin-regret decision rule.

Question

Quizplus · Accepted Answer

Preemption in strategic contexts often involves taking an action that gives the initiator a significant advantage, typically by being the first to make a move. This first-mover advantage can deter competitors from entering the market or taking a similar action, thus securing a beneficial position for the initiator.

For Preemption to Be Successful