This sounds analogous to poker. Buying in later rounds if you think it is worth the investment, and spending money on 'signalling' - i.e. money spent to not re

This sounds analogous to poker. Buying in later rounds if you think it is worth the investment, and spending money on 'signalling' - i.e. money spent to not reveal what you are really thinking. (This is just an observation. I am not implying that this strategy is like gambling or anything like that)