A note on longevity enhancing investment
AbstractWe argue that risk averse individuals prefer to increase their longevity in the direction of rectangularization of the survival curve instead of an upward shift of that curve. Risk aversion is measured by the concept of fear of ruin.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 101 (2008)
Issue (Month): 1 (October)
Contact details of provider:
Web page: http://www.elsevier.com/locate/ecolet
D81 Longevity Fear of ruin;
Other versions of this item:
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- Lon - Industrial Organization - - - - -
- Fea - International Economics - - - - -
- of - - -
- ru - - -
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- Tomas J. Philipson & Gary S. Becker, 1998. "Old-Age Longevity and Mortality-Contingent Claims," Journal of Political Economy, University of Chicago Press, vol. 106(3), pages 551-573, June.
- Jérôme Foncel & Nicolas Treich, 2005. "Fear of Ruin," Journal of Risk and Uncertainty, Springer, vol. 31(3), pages 289-300, December.
- Antoine Bommier, 2001.
"Uncertain lifetime and intertemporal choice : risk aversion as a rationale for time discounting,"
Research Unit Working Papers
0108, Laboratoire d'Economie Appliquee, INRA.
- Antoine Bommier, 2006. "Uncertain Lifetime And Intertemporal Choice: Risk Aversion As A Rationale For Time Discounting," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(4), pages 1223-1246, November.
- Aumann, Robert J & Kurz, Mordecai, 1977. "Power and Taxes," Econometrica, Econometric Society, vol. 45(5), pages 1137-61, July.
- Ehrlich, Isaac & Becker, Gary S, 1972. "Market Insurance, Self-Insurance, and Self-Protection," Journal of Political Economy, University of Chicago Press, vol. 80(4), pages 623-48, July-Aug..
- Prettner, Klaus & Bloom, David E. & Strulik, Holger, 2013.
"Declining fertility and economic well-being: Do education and health ride to the rescue?,"
Elsevier, vol. 22(C), pages 70-79.
- Klaus Prettner & David E. Bloom & Holger Strulik, 2012. "Declining fertility and economic well-being: do education and health ride to the rescue?," PGDA Working Papers 8412, Program on the Global Demography of Aging.
- Prettner, Klaus & Bloom, David E. & Strulik, Holger, 2012. "Declining Fertility and Economic Well-Being: Do Education and Health Ride to the Rescue?," IZA Discussion Papers 6527, Institute for the Study of Labor (IZA).
- Xue Qiao, 2012. "Unsafe sex, AIDS and development," Journal of Economics, Springer, vol. 105(3), pages 263-279, April.
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