BernheimV1, Main, Exploration, bibRecord, 000156

Optimal annuitization, uncertain survival probabilities, and maxmin preferences

Identifieur interne : 000156 ( Main/Exploration ); précédent : 000155; suivant : 000157

Optimal annuitization, uncertain survival probabilities, and maxmin preferences

Auteurs : Hippolyte D'Albis [France] ; Emmanuel Thibault [France]

Source :

Economics Letters [ 0165-1765 ] ; 2012-05.

RBID : Hal:hal-00670320

Descripteurs français

mix :
- Demand for annuities, Maxmin, Uncertain survival probabilities, Uncertainty aversion.

Abstract

We consider a life-cycle model with bequest motives, and assume that the individual does not know his/her survival probability and has maxmin utility preferences; we show that it is optimal not to annuitize but to purchase pure life insurance policies instead.

Url:

https://hal.archives-ouvertes.fr/hal-00670320

DOI: 10.1016/j.econlet.2011.12.045

Affiliations:

France

Links toward previous steps (curation, corpus...)

to stream Hal, to step Corpus: 000106
to stream Hal, to step Curation: 000106
to stream Hal, to step Checkpoint: 000124
to stream Main, to step Merge: 000156
to stream Main, to step Curation: 000156

Le document en format XML

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Serveur d'exploration Hippolyte Bernheim

Optimal annuitization, uncertain survival probabilities, and maxmin preferences

Optimal annuitization, uncertain survival probabilities, and maxmin preferences

Source :

Descripteurs français

Abstract

Links toward previous steps (curation, corpus...)

Le document en format XML

Pour manipuler ce document sous Unix (Dilib)

Pour mettre un lien sur cette page dans le réseau Wicri