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Comments on: Tony Veitch and the economics of suicide http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/ The Visible Hand in Economics Mon, 03 Mar 2014 21:45:00 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: isomorphisms http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-42792 Mon, 03 Mar 2014 21:45:00 +0000 http://www.tvhe.co.nz/?p=3642#comment-42792 The Slate article leaves out hyperdiscounting—which is where those dunder-headed “suicidologists” would have one up on the economists.

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By: gloria hanif http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19347 Mon, 27 Apr 2009 04:03:14 +0000 http://www.tvhe.co.nz/?p=3642#comment-19347 Depressed people shouldnt be laughed at esp at such a time when love & understanding is what any decent human being can offer them.I wish Tony Veitch & his ex-partner all the best in the future. There is always peace after tribulation so lets all shift our attention and energy to other worthwhile causes so that this world of ours will be a safe haven to enjoy & appreciate.

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By: Miguel Sanchez http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19158 Tue, 21 Apr 2009 10:02:44 +0000 http://www.tvhe.co.nz/?p=3642#comment-19158 Question: does it count as a suicide attempt if you spend the whole time sitting in your car, texting “goodbye cruel world” messages to the media?

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By: skar http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19152 Mon, 20 Apr 2009 23:34:03 +0000 http://www.tvhe.co.nz/?p=3642#comment-19152 i am delighted to see the police and emergency services react so quickly when a person go for a drive and people call the police to inform they may be attempting suicide. i wonder if this responce is equal to all citizens in nz
if tony wanted to successfully suicide research indicates that he have been successful. he has resources means and time. however he is not fully committed and this is yet another pathetic attempt by him to reach out for help.
so reardless of who he is and what he has done we must undertake steps to help him and give him a chance to heal.
mentla health should have him contained in a secure unit until stabilised instead of wasting emergency serives time chasing him throug the waikato.

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By: rainman http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19151 Mon, 20 Apr 2009 07:17:52 +0000 http://www.tvhe.co.nz/?p=3642#comment-19151 I listened to an LSE podcast recently that mentioned the difference between “Econs” and “Humans” – it wasn’t the primary point of the podcast, but the speaker was basically saying that many economic models assume certain thinking and options analysis (on the part of Econs) that is actually unlike that exhibited by real humans. Perhaps badly expressed on my part, but that was the gist. There are few places where this is more visible than in this post and it’s associated comments (excluding Lew’s).

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By: Lew http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19142 Mon, 20 Apr 2009 00:37:33 +0000 http://www.tvhe.co.nz/?p=3642#comment-19142 I think it’s somewhat distasteful to refer to suicide in terms of material utility, but nevertheless.

A failed attempt tends to significantly increase income (by 20.3% on average, relative to those who consider suicide but do not make an attempt) as more resources, such as healthcare and affection, are made available to the person who made the attempt. The more serious the attempt, the greater is the impact on income (36.3% on average for so-called ‘hard-suicide’ attempts).

rauparaha: It just said that you had to have a higher expected value of life if you did it, which is almost tautological.

Toexpand on rauparaha’s comment: It begs the question about intent. An attempt at suicide as a rational means of gaining some payoff (such as in income, or whatever) doesn’t make sense, since if the suicide succeeded, there would be no payoff. To classify an attempt at suicide as rational action with a view to increased support, income, etc. is to suppose that survival was the purpose all along, which means that the attempt wasn’t in fact a genuine attempt. Therefore the rational action on this basis would not be to attempt suicide, but to appear to attempt suicide – the so-called `cry for help’. It’s like the aphorism: if you try to fail and succeed, which have you done?*

That is a very tricky proposition which I think ascribes far too much rationality to the suicidal person involved, and if taken to a rational policy conclusion could lead to the assumption that suicide attempts are mostly `cries for help’ – while they might be, it strikes me as socially wise to pretend they’re not and treat any such attempt as a genuine attempt (as we do), rather than assume they’re not and through inaction allow people to kill themselves. A value judgement, but not, I think, a very controversial one.

In the case of Tony Veitch, as in any individial (non-theoretical) case, it becomes yet more complicated – there have (allegedly) been several attempts, all of which he has survived, and to which family, authorities, etc. have responded with proper alacrity and care. It’s hard to see how he could be trying a play for greater support or financial advantage here; he has plenty of both in the immediate term and I think he would likely be welcomed back into broadcasting in due course if he would show the sort of contrition society requires of those who commit domestic violence. It’s possible the attempts are an attempt to curry media or community sympathy, but I think that’s too cynical. Occam’s Razor suggests that the combined factors of possible loss of his career and good public name, stress on his family, guilt and self-loathing, criticism (IMO, deserved) because of his apparent reluctance to back down and demonstrate genuine remorse have made him fucked-up, and when people are fucked-up they don’t always act rationally.

L

* Not to say that attempted suicide can’t be a rational action in itself (such as in cases of terminal illness), but it’s not for the reasons here.

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By: goonix http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19138 Sun, 19 Apr 2009 22:45:57 +0000 http://www.tvhe.co.nz/?p=3642#comment-19138 @rauparaha
I think you’re right – my sentence on suicide being a rational response was hastily constructed.

@Eric Crampton
Good question Eric. I haven’t reads the papers in detail. If there’s an academic around that wants to dig through it, be my guest. 😛

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By: dirtyfilthy http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19135 Sun, 19 Apr 2009 21:52:48 +0000 http://www.tvhe.co.nz/?p=3642#comment-19135 I think a view of economics that only equated “utility” with “income” is incredibly simplistic. Suicide is rational in the case where future utility is actually negative in the long run.

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By: Eric Crampton http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19134 Sun, 19 Apr 2009 21:30:05 +0000 http://www.tvhe.co.nz/?p=3642#comment-19134 Goonix: do these studies account for mean reversion?

Suppose that a rational person will attempt suicide when the expected value of the future utility stream becomes zero or negative; a serious negative income shock could drive that, and mean reversion could then drive the up-tick post-attempt for those unsuccessful.

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By: Pages tagged "rational" http://www.tvhe.co.nz/2009/04/20/tony-veitch-and-the-economics-of-suicide/#comment-19133 Sun, 19 Apr 2009 21:15:21 +0000 http://www.tvhe.co.nz/?p=3642#comment-19133 […] bookmarks tagged rational Tony Veitch and the economics of suicide saved by 6 others     haleyhazardx bookmarked on 04/19/09 | […]

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