Birchenall, Javier A.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007
achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express … adults’ willingness to pay for changes in child mortality and also to incorporate the welfare of future generations in the … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …