Closed-form solutions for an explicit modern ideal tontine with bequest motive (Q2234764)
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scientific article
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| English | Closed-form solutions for an explicit modern ideal tontine with bequest motive |
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Closed-form solutions for an explicit modern ideal tontine with bequest motive (English)
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19 October 2021
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defined contribution pension
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tontines
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constant relative risk aversion
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dynamic consumption economics
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bequest motive
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0.7946965098381042
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0.7757205963134766
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0.7439248561859131
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0.7360891699790955
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