Multiple reference points and the demand for principal-protected life annuities: an experimental analysis

Authors :: Knoller, Christian
Source :: Journal of Risk and Insurance. March, 2016, Vol. 83 Issue 1, p163, 17 p.
Publication Year :: 2016
Abstract: ABSTRACT We conducted an experiment in which participants were confronted with an experimental annuitization decision. Previous research has argued in favor of the hypothesis that a combination of mental accounting [...]

Subjects :: Risk management -- Analysis
Annuities -- Analysis
Life insurance -- Analysis
Risk management
Business
Insurance

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