A life-cycle model with ambiguous survival beliefs
From MaRDI portal
Publication:5963297
DOI10.1016/j.jet.2015.12.008zbMath1369.91059OpenAlexW3125441889MaRDI QIDQ5963297
Alexander Zimper, Alexander Ludwig, Max Groneck
Publication date: 7 March 2016
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:hebis:30:3-350177
Bayesian learningambiguitydynamic inconsistencylikelihood insensitivitysaving puzzlessubjective survival beliefs
Related Items
Ambiguous life expectancy and the demand for annuities, Preferences over rich sets of random variables: on the incompatibility of convexity and semicontinuity in measure, Put-call parity and generalized neo-additive pricing rules, Retirement spending and biological age, A rank-dependent utility model of uncertain lifetime
Cites Work
- Unnamed Item
- Unnamed Item
- Asset pricing in a Lucas fruit-tree economy with the best and worst in mind
- Dynamically consistent beliefs must be Bayesian
- Investment behavior under ambiguity: the case of pessimistic decision makers
- Expected utility with purely subjective non-additive probabilities
- Cohort and target age effects on subjective survival probabilities: implications for models of the retirement phase
- Updating ambiguous beliefs
- Options traders exhibit subadditive decision weights
- Revisiting savage in a conditional world
- Bootstrap \(J\) tests of nonnested linear regression models
- Differentiating ambiguity and ambiguity attitude
- A parsimonious model of subjective life expectancy
- Updating Choquet beliefs
- Choice under uncertainty with the best and worst in mind: Neo-additive capacities
- Survival risks, intertemporal consumption, and insurance: the case of distorted probabilities
- Modelling Deceleration in Senescent Mortality
- Dynamic choice under ambiguity
- Prospect Theory
- Subjective Probability and Expected Utility without Additivity
- Integral Representation Without Additivity
- Uncertain Medical Expenses and Precautionary Saving Near the End of the Life Cycle
- Golden Eggs and Hyperbolic Discounting
- Time-Inconsistent Preferences and Social Security
- Dynamic Choices of Hyperbolic Consumers
- Bootstrap Critical Values for Tests Based on Generalized-Method-of-Moments Estimators
- Consumption Over the Life Cycle
- Limiting Behavior of Posterior Distributions when the Model is Incorrect
- Handbook of econometrics. Vol. 5