What's in a cost? Comparing economic and public health measures of alcohol's social costs

Eric Crampton*, Matt Burgess, Brad Taylor

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    4 Citations (Scopus)

    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.

    Original languageEnglish
    Pages (from-to)66-73
    Number of pages8
    JournalNew Zealand Medical Journal
    Volume125
    Issue number1360
    Publication statusPublished - 24 Aug 2012

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