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 …

We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal … care provided to their parents and education expenditures for their children. The young enjoy their education, while the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker …

fatal accidents. The evaluation of fatal accident costs crucially depends on theavailability of an estimate for the economic …