Kuhn, Michael; Wrzaczek, Stefan; Oeppen, Jim - In: Economics Letters 107 (2010) 1, pp. 17-21
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.
