by Eytan Sheshinski · Princeton University Press · tapa dura · ISBN 9780691133058
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«The Economic Theory of Annuities» is the economics essay by Eytan Sheshinski, published by Princeton University Press in hardback (184 pages, in English).
The book analyses private annuity markets. Sheshinski models demand with individuals choosing consumption and retirement age, based on survival functions and stochastic dominance. It also studies adverse selection, annuity options, and the impact of longevity on aggregate savings.
Originally published in 2007.
Reference work for economists, students of economic theory, and professionals in the insurance and financial sectors.
