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Should We Invest in Suicide Prevention Programs?Nazmi SariUniversity of Saskatchewan - Department of Economics Sahily De CastroFlorida International University (FIU) Frederick NewmanFlorida International University (FIU) Gerry MillsMercer University Journal of Socio-Economics, Vol. 37, No. 1, pp. 262-275, 2008 Abstract: Suicide is the third leading cause of death among college aged youths in Florida. However, there is no prevention program targeting this population group. This paper examines the potential impact of making two prevention programs, general suicide education and peer support programs, available for college students. The results show that both programs increase social welfare by creating social benefits which exceed the costs of the programs. These results hold true even with conservative estimates for effect rates and benefits of the programs.
Keywords: Suicide, Suicide Prevention, Cost-benefit Analysis, Human Capital Approach JEL Classification: I18, H43 Accepted Paper SeriesDate posted: May 29, 2007 ; Last revised: January 15, 2008Suggested CitationContact Information
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