Arbeitspapier
Tournaments and multiple productive inputs: the case of performance enhancing drugs
In this paper I consider the desirability of drugs that enhance cognitive abilities in the context of tournaments that are used as optimal labor contracts as in Lazear and Rosen (1981). Such drugs reduce the number of voluntary participants in a tournament, but increase individual and total output. If the tournament is optimally designed, welfare is higher if drugs are available and used.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 1844
- Klassifikation
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Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Conflict; Conflict Resolution; Alliances; Revolutions
Organization of Production
Personnel Economics: Labor Management
- Thema
-
cognitive enhancement drugs
tournament
labor market incentives
doping
entry in tournaments
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Konrad, Kai A.
- Ereignis
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Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Konrad, Kai A.
- Institute for the Study of Labor (IZA)
Entstanden
- 2005