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A note on longevity enhancing investment

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Eeckhoudt, Louis [FUCAM] Pestieau, Pierre [UCL]

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.

Document type Article de périodique (Journal article) – Article de recherche
Access type Accès restreint
Publication date 2008
Language Anglais
Journal information "Economics letters" - Vol. 101, no. 1, p. 57–59 (October 2008)
Peer reviewed yes
Publisher Elsevier Science B.V., Amsterdam.
issn 0165-1765
Publication status Publié
Affiliation Louvain School of Management - Accounting & Finance
Keywords Longevity ; Fear of ruin
Links
Bibliographic reference Eeckhoudt, Louis ; Pestieau, Pierre. A note on longevity enhancing investment. In: Economics letters, Vol. 101, no. 1, p. 57–59 (October 2008)
Permanent URL http://hdl.handle.net/2078/20763