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Living will: Ruminations of an economist

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  • Lee, Li Way

Abstract

The typical living will is an awfully imperfect instrument for doing what it is supposed to do. This paper is one economist's attempt to make sense of living will. The foray takes one deep into the domain of mainstream economics. The paper concludes that, despite its shortcomings, living will makes good economic sense and its future is bright.

Suggested Citation

  • Lee, Li Way, 2009. "Living will: Ruminations of an economist," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 25-30, January.
    • Handle: RePEc:eee:soceco:v:38:y:2009:i:1:p:25-30
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    References listed on IDEAS

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    1. Francine Lafontaine & Margaret Slade, 2007. "Vertical Integration and Firm Boundaries: The Evidence," Journal of Economic Literature, American Economic Association, vol. 45(3), pages 629-685, September.
    2. Yaniv, Gideon, 2001. "Suicide intention and suicide prevention: an economic perspective," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(5), pages 453-468.
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    4. Kessler, Daniel P. & McClellan, Mark B., 2004. "Advance directives and medical treatment at the end of life," Journal of Health Economics, Elsevier, vol. 23(1), pages 111-127, January.
    5. Rosenthal, Robert W., 1993. "Suicide attempts and signalling games," Mathematical Social Sciences, Elsevier, vol. 26(1), pages 25-33, July.
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