Tournaments and multiple productive inputs : the case of performance enhancing drugs

Kai A. Konrad

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. -- cognitive enhancement drugs ; tournament ; labor market incentives ; doping ; entry in tournaments

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Year of publication:	Nov. 2005
Other Persons:	Konrad, Kai A. (contributor)
Publisher:	Bonn : IZA

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Extent:	Online-Ressource, 12 S., Text
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 1844
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/33571 [Handle]
Classification:	D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior ; D74 - Conflict; Conflict Resolution; Alliances ; L23 - Organization of Production ; M54 - Labor Management (team formation, worker empowerment, job design, tasks and authority, job satisfaction) ; Pharmazie, Pharmazeutika
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003285387