Booth, Richard A., Marbury Research Professor of Law - 2002
annuity must suffer lower benefits for a longer time than a man. In short, if one looks either at the periodic outlay by the … insured or at the income available to the beneficiary under an annuity, gender-based pricing appears to be quite at odds with … annuity is that people care more about income than about lump sum values. Thus, even though the present value of a man's death …