A Finite-Time-Horizon Model of Suicide When a Person's Income is at Risk: A Research Note

Tomoya Suzuki

Australian Economic Papers, 2015, vol. 54, issue 1, 43-51

Abstract: type="main">

The risk of income fluctuations affects the suicidal behaviour. First, an increase in this risk makes risk-averse individuals more likely to commit suicide by reducing their expected utility. Second, the increased risk makes them less likely to commit suicide by creating a value to waiting for the economic conditions to improve. I lay out a theoretical model of suicide to assess the net impact of income fluctuations on suicidal behaviour by taking into account an individual's ability to delay the action. I also address the question of whether there are generational differences in the suicidal behaviour.

Date: 2015
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