Recognizing progeny in the value of life

This note generalizes the value of life to incorporate the preferences for descendants of a dynastically altruistic decision-maker. It derives the value of progeny and shows how it depends on the Benthamite vs. Millian nature of dynastic altruism.

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Year of publication:	2010
Authors:	Kuhn, Michael ; Wrzaczek, Stefan ; Oeppen, Jim
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 107.2010, 1, p. 17-21
Publisher:	Elsevier
Keywords:	Benthamite vs. Millian Dynastic altruism Progeny Life-cycle analysis Value of life

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008551399