A gap between rational annuitization price for producer and price for customer
The paper studies pricing of insurance products focusing on the pricing of annuities under uncertainty. This pricing problem is crucial for financial decision making and was studied intensively; however, many open questions still remain. In particular, there is a so-called ``annuity puzz...
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| Format: | Journal Article |
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Palgrave Macmillan UK
2018
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| Online Access: | https://www.palgrave.com/gp/journal/41272 http://hdl.handle.net/20.500.11937/73047 |