Müller, Heinz; Schiess, David - In: Journal of Risk & Insurance 81 (2014) 2, pp. 431-468
type="main" xml:lang="en" <title type="main">Abstract</title> <p>The article analyzes risk sharing in a defined contribution pension fund in continuous time. According to a prespecified attribution scheme, the interest rate paid on the employees' accounts is a linear function of the fund's investment performance. For each...</p>