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Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier A.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10005822923
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Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare*
Birchenall, Javier; Soares, Rodrigo Reis - Departamento de Economia, Pontifícia Universidade … - 2007
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … achieved through the incorporation of altruism and fertility in a “value of life” type of framework. We are able to express … intergenerational welfare comparisons. We show that, by incorporating altruism and fertility into the analysis, the estimated welfare …
Persistent link: https://www.econbiz.de/10005744599
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A Theory of Child Adoption
Bethmann, Dirk; Kvasnicka, Michael - Fakultät für Wirtschaftswissenschaft, … - 2012
Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical … treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …
Persistent link: https://www.econbiz.de/10010556673
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A Theory of Child Adoption
Bethmann, Dirk; Kvasnicka, Michael - Rheinisch-Westfälisches Institut für … - 2012
Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical … treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …
Persistent link: https://www.econbiz.de/10010556739
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Who Owns Children and Does It Matter?
Schoonbroodt, Alice; Tertilt, Michele - eSocialSciences - 2010
than the social benefit. We present an overlapping-generations (OLG) model with fertility choice and altruism, and model …In this paper a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a … need for government intervention are analysed. The friction which is investigated is related to the ownership of children …
Persistent link: https://www.econbiz.de/10008543088
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A Theory of Child Adoption
Bethmann, Dirk; Kvasnicka, Michael - Institute for the Study of Labor (IZA) - 2012
Women can bear own children or adopt them. Extending economic theories of fertility, we provide a first theoretical … treatment of the demand for adoption. We show that the propensity to adopt a child increases in the degree of own altruism …
Persistent link: https://www.econbiz.de/10010699970
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cost–benefit analysis: philosophical issues
Hansson, Sven Ove - Palgrave Macmillan
Cost–benefit analysis (CBA) gives rise to a whole range of philosophical issues. The most discussed among these is the status of economic values that are assigned to assets conceived as incommensurable with money, such as a human life or the continued existence of an animal species. CBA...
Persistent link: https://www.econbiz.de/10009395629
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The Dead-Anyway Effect Revis(it)ed
Breyer, Friedrich; Felder, Stefan - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2002
In the expected-utility theory of the monetary value of a statistical life, the so-called "dead-anyway" effect …
Persistent link: https://www.econbiz.de/10004963657
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The Dead-anyway Effect Revis(it)ed
Breyer, Friedrich; Felder, Stefan - CESifo - 2002
In the expected-utility theory of the monetary value of a statistical life, the so-called “dead-anyway” effect …
Persistent link: https://www.econbiz.de/10005405707
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Survival versus Consumption
Shepard, Donald S.; Zeckhauser, Richard J. - In: Management Science 30 (1984) 4, pp. 423-439
We develop an indirect method to estimate utility and willingness to pay (WTP) for reductions in the risk of death at various ages. Using a life-cycle model of consumption, we assume that an individual sets his consumption level each year so as to maximize his expected lifetime utility....
Persistent link: https://www.econbiz.de/10009191211