A note on longevity enhancing investment

Louis Eeckhoudt and Pierre Pestieau

Economics Letters, 2008, vol. 101, issue 1, 57-59

Abstract: We 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.

Keywords: D81; Longevity; Fear; of; ruin (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (8)

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Working Paper: A note on longevity enhancing investment (2009)
Working Paper: A note on longevity enchancing investment (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:101:y:2008:i:1:p:57-59

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