The option value of life. (28th March 2021)
- Record Type:
- Journal Article
- Title:
- The option value of life. (28th March 2021)
- Main Title:
- The option value of life
- Authors:
- Burri, Susanne
- Abstract:
- Abstract: This paper argues that under conditions of uncertainty, there is frequently a positive option value to staying alive when compared to the alternative of dying right away. This value can make it prudentially rational for you to stay alive even if it appears highly unlikely that you have a bright future ahead of you. Drawing on the real options approach to investment analysis, the paper explores the conditions under which there is a positive option value to staying alive, and it draws out important implications for the problems of suicide and euthanasia.
- Is Part Of:
- Economics and philosophy. Volume 37:Number 1(2021)
- Journal:
- Economics and philosophy
- Issue:
- Volume 37:Number 1(2021)
- Issue Display:
- Volume 37, Issue 1 (2021)
- Year:
- 2021
- Volume:
- 37
- Issue:
- 1
- Issue Sort Value:
- 2021-0037-0001-0000
- Page Start:
- 118
- Page End:
- 138
- Publication Date:
- 2021-03-28
- Subjects:
- Real options approach, -- uncertainty, -- Deprivation Account of the Badness of Death, -- suicide, -- euthanasia
Economics -- Philosophy -- Periodicals
330.01 - Journal URLs:
- http://journals.cambridge.org/action/displayJournal?jid=EAP ↗
- DOI:
- 10.1017/S0266267120000061 ↗
- Languages:
- English
- ISSNs:
- 0266-2671
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital Store
- Ingest File:
- 15855.xml