The implication of the hyperbolic discount model for the annuitisation decisions
Year of publication: |
2020
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Authors: | Chen, Anran ; Haberman, Steven ; Thomas, Stephen |
Published in: |
Journal of pension economics and finance : JPEF. - Cambridge : Cambridge Univ. Press, ISSN 1475-3022, ZDB-ID 2079705-9. - Vol. 19.2020, 3, p. 372-391
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Subject: | Annuity puzzle | deferred annuities | hyperbolic discounting | reservation price | Theorie | Theory | Diskontierung | Discounting | Intertemporale Entscheidung | Intertemporal choice | Altersvorsorge | Retirement provision | Zeitkonsistenz | Time consistency | Soziale Diskontrate | Social discount rate | Sparen | Savings | Private Altersvorsorge | Private retirement provision |
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