Artikler tagget med RISK

Economic Rationality, Risk Presentation, and Retirement Portfolio Choice

Economic Rationality, Risk Presentation, and Retirement Portfolio Choice

torsdag, 24 juli 2014
  • This research studies the propensity of individuals to violate implications of expected utility maximization in allocating retirement savings within a compulsory defined contribution retirement plan. The paper develops the implications and describes the construction and administration of a discrete choice experiment to almost 1200 members of Australia`s mandatory retirement savings scheme.

Individual Post-Retirement Longevity Risk Management Under Systematic Mortality Risk

Individual Post-Retirement Longevity Risk Management Under Systematic Mortality Risk

onsdag, 02 juli 2014
  • This paper analyzes an individual’s post retirement longevity risk management strategy allowing for systematic longevity risk, recent product innovations, and product loadings.