TY  - RPRT
        AU  - Konrad, Kai A.
        TI  - Tournaments and Multiple Productive Inputs: The Case of Performance Enhancing Drugs
        PY  - 2005/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 1844
        UR  - https://www.iza.org/index.php/publications/dp1844
        AB  - 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.
        KW  - labor market incentives
KW  - tournament
KW  - cognitive enhancement drugs
KW  - doping
KW  - entry in tournaments
        ER  -