Miller, Nolan H.; Pazgal, Amit I. - In: RAND Journal of Economics 37 (2006) 2, pp. 391-415
In many competitive environments, players need to commit either to a specific goal they will achieve (an output target) or to the resources they are willing to expend in pursuit of that goal (an input budget).We model this situation as a two-stage game where players may compete either by setting...