Home > The cost of alcohol related problems in Ireland.

Byrne, Sean The cost of alcohol related problems in Ireland. (Unpublished) [Dublin]: [Dublin Institute of Technology].

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Estimating the cost of alcohol abuse and excessive drinking presents formidable conceptual and practical difficulties. Economists use the concept of opportunity cost, which is the value of the resources foregone by society as a result of excessive drinking. This is much more difficult to estimate than, say, the direct costs generated by excessive drinkers in terms of treatment of illness, the cost of alcohol related accidents and the value of output lost through alcohol related absence from work.

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