error on the interest rate, the error on the extra bonus, and the error made in forecasting mortality. These weights are … rate to be earned on the financial market is given to counter-balance the extra bonus when mortality is forecast correctly. …

may affect the demand for luxury goods. It investigates the factors affecting the demand within the framework of … demand for luxury goods and financial future expectations and show that those who do not consider themselves financially … secure in the future have a higher likelihood of demand for luxury goods than those who feel secure about their financial …