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Capa de The economic theory of annuities

a novel ·

The economic theory of annuities

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"Groundbreaking in its scope, The Economics Theory of Annuities offers readers a theoretical analysis of the functioning of private annuity markets. Starting with a general analysis of survival functions, stochastic dominance, and characterization of changes in longevity, Eytan Sheshinski derives …

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"Groundbreaking in its scope, The Economics Theory of Annuities offers readers a theoretical analysis of the functioning of private annuity markets. Starting with a general analysis of survival functions, stochastic dominance, and characterization of changes in longevity, Eytan Sheshinski derives the demand for annuities using a model of individuals who jointly choose their lifetime consumption and retirement age."--Jacket.

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""Groundbreaking in its scope, The Economics Theory of Annuities offers readers a theoretical analysis of the functioning of private annuity markets. Starting with a general analysis of survival functions, stochastic …"

— Margaret

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