The annuity puzzle and consumption hump under ambiguous life expectancy

DOI10.1016/j.insmatheco.2021.04.011zbMath1475.91305OpenAlexW3157128936MaRDI QIDQ2234752

Mao-Wei Hung, Nan-Wei Han

Publication date: 19 October 2021

Published in: Insurance Mathematics \& Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.insmatheco.2021.04.011

zbMATH Keywords

robust controlambiguity aversionannuitybequest motivesconsumption hump

Mathematics Subject Classification ID

Actuarial mathematics (91G05)

Related Items

Optimal annuitization and asset allocation under linear habit formation, Robust retirement and life insurance with inflation risk and model ambiguity

Cites Work

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