TY - JOUR PY - 2010// TI - The value of planned death JO - Journal of socio-economics A1 - Chan, L. A1 - Lien, D. SP - 692 EP - 695 VL - 39 IS - 6 N2 - 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

LA - en SN - 1053-5357 UR - http://dx.doi.org/10.1016/j.socec.2010.06.007 ID - ref1 ER -