Title: The economic theory of annuities
Description: "Groundbreaking in its scope, The Economics Theory of Annuities offers readers a theoretical analysis of the functioning of private annuity markets. Starting with a general analysis of survival functions, stochastic dominance, and characterization of changes in longevity, Eytan Sheshinski derives the demand for annuities using a model of individuals who jointly choose their lifetime consumption and retirement age."--Jacket.
Subjects: Annuities, Annuités, Rentenversicherung, Livränta, Analyse économique, Assurance vieillesse, Assurance vie, Marché du travail, Modèles économiques, Valeurs mobilières, Versicherungsbetriebslehre, Marché financier, Science économique, Annuites