Optimal life insurance and annuity demand under hyperbolic discounting when bequests are luxury goods
Jinhui Zhang, Sachi Purcal, Jiaqin Wei
| Year of publication: |
2021
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|---|---|
| Authors: | Zhang, Jinhui ; Purcal, T. Sachi ; Wei, Jiaqin |
| Published in: |
Insurance / Mathematics & economics. - Amsterdam : Elsevier, ISSN 0167-6687, ZDB-ID 8864-X. - Vol. 101.2021, 1, p. 80-90
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| Subject: | Dynamic programming | Annuity puzzle | Finance | Hyperbolic discounting | Luxury bequests | Lebensversicherung | Life insurance | Theorie | Theory | Luxusgüter | Luxury goods | Erbe | Inheritance | Intertemporale Entscheidung | Intertemporal choice | Diskontierung | Discounting | Zeitkonsistenz | Time consistency | Sparen | Savings |
| Type of publication: | Article |
|---|---|
| Type of publication (narrower categories): | Aufsatz in Zeitschrift ; Article in journal |
| Language: | English |
| Other identifiers: | 10.1016/j.insmatheco.2020.07.003 [DOI] |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012793911