[PDF] Top 20 Evidence on Individual Preferences for Longevity Risk

... Introduction Longevity risk plays an important role in the study of intertemporal ...implications for saving and the demand for pensions, annuities and insurance ...on longevity issues, ... Voir le document complet

... incentive for the consumer to choose an optimal gamble, through the maximization of ex- pected utility, the counterintuitive result originally observed by Ross (1981) is ...of risk aversion fails to deliver ... Voir le document complet

... out for or against ...accounting for the influ- ence of education in each ...of individual opinion about immi- gration, not only because it influences attitudes toward competition from immigrant ... Voir le document complet

... farmers’ risk perception and risk ...rotation). For each of them, an innovative long rotation has been co-designed by farmers to reach various objectives, notably reduce the pressure on natural ... Voir le document complet

... that preferences alone can generate a rise of the income share devoted to health if the marginal utility of consumption declines faster than the marginal product of health spending as income ...But for ... Voir le document complet

... their individual payoffs, there are many situations in which people exhibit a strong concern for social comparisons and ...(see for example Glaeser et ...pay for status influences efficiency ... Voir le document complet

... out for or against ...that preferences about immigration are influenced not only by economic factors but also by political and cultural attitudes, which may reflect a certain conservatism, an attachment to ... Voir le document complet

... account for relat- edness amongst ...each individual and time to breast ...generated for those carrying one and two copies of the minor allele versus those with two copies of the major ... Voir le document complet

... percent for every four ...correction for non-linearity in the utility function in order to account for the influence of risk aversion on time preferences (Laury, McInnes, and Todd ... Voir le document complet

... background For several decades, the framework of conditional demand analysis that employs the two-step discrete-continuous model initiated by Dubin and McFadden (1984) has been used to account for the role ... Voir le document complet

... higher risk taking in that it may induce investors to "underes- timate" the variance of the ...in risk premia and so their portfolios may display lower ‡uctuations over ... Voir le document complet

... the risk score (say) would thus be a context-free good summary of the scope of the individual's various preferences towards risk, as if it represented a "behavioural general disposition" ... Voir le document complet

... indicator for whether the household reports being unfamiliar with BASIX, an index of household wealth, and the log of per capita food ...LSA. For households familiar with BASIX, LSA endorsement increases ... Voir le document complet

... state-dependent preferences have the potential to resolve the equity premium ...to risk aversion, in order to match the first two moments of ...state-contingent risk aversion appears to be a natural ... Voir le document complet

... instruments for other measures of preferences)  The question about whether the individual "takes his/her umbrella if there is a chance of rain", which appears strongly correlated with the ... Voir le document complet

... ‘respect’ individual ex ante ...general preferences, to save resources for the old age, even though they may well turn out to be dead at the next ... Voir le document complet

... single individual (such as production units, boards of directors, ...the preferences of different group members are combined to produce the group ...under risk and compare group and individual ... Voir le document complet

... cooperative, risk-sharing, learning, altruism, other-regarding preferences 1 Introduction There is ample empirical evidence that agents who are heterogeneous in risk exposure often enter into ... Voir le document complet

... bear risk within a controlled en- vironment, permitting the characterization of risk ...either risk neutral or risk ...over risk preferences is an important characteristic of ... Voir le document complet

... that longevity risk will remain. To effectively deal with longevity risk, three types of approaches are required: (i) addressing government longevity exposure; (ii) risk sharing ... Voir le document complet