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We base our analysis on an investor, usually a retiree, endowed with a certain amount of wealth W, who considers both his own consumption needs (fixed periodic withdrawals) and the requirement of his heirs (defined bequest). For this purpose he pursues the following in-vestment strategy. The...
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This paper describes the available annuity contracts and determines their money's worth for diffrent subgroups of the population.
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Künstliche Intelligenz ist eine Basisinnovation, die in Unternehmen und im täglichen Leben von Privatpersonen zunehmend bedeutend wird. Es handelt sich um eine Schlüsseltechnologie mit hohem disruptivem Potenzial, die die Wirtschaft, Politik und Gesellschaft tiefgreifend verändern wird. Sie...
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