What’s in a cost? Comparing economic and public health easures of alcohol’s social costs

Article


Crampton, Eric, Burgess, Matt and Taylor, Brad. 2012. "What’s in a cost? Comparing economic and public health easures of alcohol’s social costs." New Zealand Medical Journal. 125 (1360), pp. 66-73.
Article Title

What’s in a cost? Comparing economic and public health easures of alcohol’s social costs

ERA Journal ID15330
Article CategoryArticle
AuthorsCrampton, Eric (Author), Burgess, Matt (Author) and Taylor, Brad (Author)
Journal TitleNew Zealand Medical Journal
Journal Citation125 (1360), pp. 66-73
Number of Pages8
Year2012
PublisherNew Zealand Medical Association
Place of PublicationNew Zealand
ISSN1175-8716
Web Address (URL)https://www.nzma.org.nz/journal/read-the-journal/all-issues/2010-2019/2012/vol-125-no-1360/view-crampton
Abstract

Studies based on a cost of illness method frequently assert large social costs from a variety of risky activities, the harms from which most typically fall upon the risk-taker himself. Many of these costs are inadmissible in a standard economic framework; consequently, figures derived by the cost of illness method are not comparable with other economic notions of cost and are of very limited policy use.

ANZSRC Field of Research 2020380119. Welfare economics
380108. Health economics
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Byline AffiliationsUniversity of Canterbury, New Zealand
Victoria University of Wellington, New Zealand
Australian National University
Institution of OriginUniversity of Southern Queensland
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