Why Don’t People Insure Late-Life Consumption? A Framing Explanation of the Under-Annuitization Puzzle
Jeffrey R. Brown, Jeffrey R. Kling, Sendhil Mullainathan, Marian V. Wrobel
American Economic Review · 2008 · Volume 98 · Issue 2
Keywords
Personal Finance, Criteria for Decision-Making under Risk and Uncertainty, Insurance, Insurance Companies
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