4 ms·
I have no idea what effect it would have. But an externality is “a cost or benefit caused by a producer that is not financially incurred or received by that pr
by pyuser583 5y ago
I have no idea what effect it would have.
But an externality is “a cost or benefit caused by a producer that is not financially incurred or received by that producer.”
Suicide poses a cost on the producer. It also poses a strong immediate cost on the producers family.
I’m not saying suicidal isn’t harmful to society. I’m saying that a cost is paid by the person committing suicide.
From a strictly economic perspective, dead people can’t own any property. So a suicider would pay a 100% cost on their net worth.
I know that’s a bizarre thing to say, but there I said it!
Edit: life insurance makes things more complicated. Most modern policies do pay out in the event of suicide, so it’s possible to make a profit.