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Living will: Ruminations of an economist

Li Way Lee

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2009, vol. 38, issue 1, 25-30

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.

Keywords: Living; will; Health-care; proxy; Advance; directive; Dying; Death (search for similar items in EconPapers)
Date: 2009
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Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza

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