Deutscher, Christian; Sahm, Marco; Schneemann, Sandra; … - In: Theory and Decision 93 (2021) 2, pp. 281-317
When heterogeneous players make strategic investment decisions in multi-stage contests, they might conserve resources in a current contest to spend more in a subsequent contest, if the degree of heterogeneity in the current (subsequent) contest is sufficiently large (small). We confirm these...