Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061206 | Economics Letters | 2010 | 5 Pages |
Abstract
This note generalizes the value of life to incorporate the preferences for descendants of a dynastically altruistic decision-maker. It derives the value of progeny and shows how it depends on the Benthamite vs. Millian nature of dynastic altruism.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Michael Kuhn, Stefan Wrzaczek, Jim Oeppen,