Citation

Chan L, Lien D. J. Socio. Econ. 2010; 39(6): 692-695.

Copyright

(Copyright © 2010, Western Illinois University, Publisher Elsevier Publishing)

DOI

10.1016/j.socec.2010.06.007

PMID

unavailable

Abstract

In this paper we propose a theoretical model of evaluating the economic costs and benefits of physician assisted suicide (euthanasia). The contemplation of euthanasia is modeled akin to the valuation of a real option. Our modeling of the decision shows that euthanasia is optimal when certain conditions are satisfied. The findings in this paper suggest that if more money is spent on medical research (such as pain management), the demand for Euthanasia could be reduced. © 2010 Elsevier Inc.

Language: en

Keywords

Euthanasia; Physician assisted suicide; Planned death