Life-Cycle Theory for Human Beings

Antoine Bommier

Working Papers from HAL

Abstract: Human beings are sure to die but do not know when they will die. This paper proposes a general formulation of life cycle theory that accounts for these two fundamental aspects of human life. We stress in particular the role of intertemporal correlation aversion which it is a key concept to understand the role of mortality risks in intertemporal choices.

Date: 2005-04-15
Note: View the original document on HAL open archive server: https://hal.science/hal-00441890v1
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Citations: View citations in EconPapers (5)

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