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One of the most interesting and unexplored topics in chess is the long-term and short-term advantages.
What are Short-term Advantages?
Short-term advantages are those that you can exploit quickly in a game – like a quick attack, getting initiative, having more development that the opponent in the opening stage. These advantages don’t last for a long time because your opponent would have chances to equalize them. For instance, your opponent can also develop his pieces in the opening stage and then it will be equal.
What are Long-term Advantages?
As the name says, long-term advantages help you in the long run. The simplest example for a long-term advantage would be the material advantage, i.e. when you have an extra pawn or a piece than your opponent. Other examples could be having a bishop pair against a bishop and a knight in an open position, and even having a better pawn structure than your opponent. These are something that cannot be compensated easily.
When you have a short-term advantage, you usually will have to make use of it quickly, otherwise it will be gone. Unless you exploit it quickly, a short-term advantage has no value.
Also, these usually come into play when there is a material imbalance. For instance, when a player has sacrificed a pawn to get some initiative, the one with the initiative has a short-term advantage, whereas the player who is a pawn up has the material advantage, which is long-term.
One great example to demonstrate this is the Poisoned Pawn variation from the Sicilian Defense Najdorf. In this video, Manuel Ocantos will present to you a few examples and analyses all of them with the perspective of long-term vs the short-term advantages. He will show you games of Mikhail Tal, Garry Kasparov, Nigel Short, Veselin Topalov, and Levon Aronian.
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