
@article{ref1,
title="Behavioral economics of death and dying decisions: both rational and irrational approaches",
journal="Journal of human behavior in the social environment",
year="2017",
author="Rukumnuaykit, P. and Pholphirul, P.",
volume="27",
number="6",
pages="625-631",
abstract="A decision to accept death and forego life-extending medical procedures can be both rational and irrational. This article reviews perspectives on death from the viewpoint of behavioral economics, which relies on psychology as the basis of decision-making in this regard. According to behavioral economics, both the benefits of living and the costs of death should be emphasized so that a person who is thinking about suicide reconsiders that option and, hopefully, changes his or her mind and tries to safeguard life and avoid life-threatening risks. One way to make dying decisions more rational is to write out a living will or advance directives to help doctors understand a patients' intentions with regard to decisions about dying should they become unable to articulate that intention at some later, critical, life-or-death situation. Living wills and advance directives can therefore reduce the chances of mercy killing or euthanasia, especially in the context of a developing country, especially when life-extending technologies are limited. © 2017 Taylor & Francis Group, LLC.<p /><p>Language: en</p>",
language="en",
issn="1091-1359",
doi="10.1080/10911359.2017.1317312",
url="http://dx.doi.org/10.1080/10911359.2017.1317312"
}