This paper examines public valuations of mortality risk reductions. We set up a theoretical framework that allows for altruistic preferences, and subsequently test theoretical predictions through the design of a discrete choice experiment. By varying the tax scenario (uniform versus individual...

The onset of a major illness is one of the most sizeable and unpredictable shocks an individual may experience and can have devastating effects not only on the individual but the entire household, including children. If a parental health shock reduces investments in children, it may have...