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Keywords: risk attitude
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Journal Articles
Journal:
Review of Behavioral Economics
Review of Behavioral Economics (2025) 12 (1): 17–37.
Published: 23 January 2025
... the robustness of the results. We find a significant relationship between the demand for lifetime annuities and one’s relative risk attitude in two areas. Consequently, lifetime annuity buyers are likely to be risk-averse but, at the same time, risk-tolerant when it comes to financial matters. We argue...
