Schünemann, Johannes; Strulik, Holger; Trimborn, Timo - 2015
Aging humans adapt to their worsening state of health and old people are usually happier than estimated by young … expectancy, and the value of life. We set up a a life cycle model in which individuals are subject to physiological aging … adaptation generally increases the value of life (by about 2 to 5 percent), its impact on health behavior and longevity depends …