Economics of Doping in Sports

Bachelor Thesis from the year 2010 in the subject Sport - Sport Economics, Sport Management, grade: 1.7, Otto-von-Guericke-University Magdeburg, language: English, abstract: The paper "Economics of Doping", analyzes the existing literature on the economic ramifications of using performance enhancing substances in sports. It gives a brief overview of the history and the underlying reasoning for taking doping. It also presents the main arguments against the use of stimulating substances. Then the paper makes critical analysis of the existing literature that presents economic models for dealing with the problem. Finally, it presents a model, which is compared to the current anti-doping regulations by the International Olympic Committee, and gives a valuable toolbox for possible economic measures for dealing with the doping problem.