Konrad, Kai A.
(2005):
Tournaments and Multiple Productive Inputs: The Case of Performance Enhancing Drugs.
IZA Discussion Paper, 1844
Externer Volltext: http://ftp.iza.org/dp1844.pdf
Abstract
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.
| Dokumententyp: | Paper |
|---|---|
| Keywords: | cognitive enhancement drugs; tournament; labor market incentives; Doping; entry in tournaments |
| Fakultät: | Volkswirtschaft > Lehrstühle > MPI für Steuerrecht und Öffentliche Finanzen |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| JEL Classification: | D72, D74, L23, M54 |
| Ort: | Bonn |
| Sprache: | Englisch |
| Dokumenten ID: | 24483 |
| Datum der Veröffentlichung auf Open Access LMU: | 07. Apr. 2015 06:40 |
| Letzte Änderungen: | 03. Mrz. 2017 10:54 |
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