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
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 1844

Klassifikation
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
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

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