For my first post, I want to present a field that I am very interested in and am considering a graduate degree in: game theory economics. In the article above, the economist delves into the 'Athletes Dilemma' that considers the reasons why athletes take performance enhancing drugs including trust issues of each party which is a natural course of cognition for the athlete's version of "prisoner's dilemma".
"In the athletes’ version, both players will be better off if neither takes drugs, but because neither can trust the other, both have to take them to make sure they have a chance of winning."
Another problem lies within the fans and sponsors, specifically 'Test Skimping'. It is the main problem where the inspector, the sport, and the athlete lack accountability. However, there are flaws within the system. The reasons could be of the following:
-cost
-disruption of the complicated athlete life
-a negative reaction of universal-cheating in athletes if the public knew the true numbers
Analysis is new and could be inapplicable situationally, but for those who do not take drugs, in a game theorist perspective they would be a fool not to take the performance enhancing drugs in this situation.
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