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The Economic Theory of Annuities by Eytan Sheshinski is a business book available to read on EtoBox.
What is The Economic Theory of Annuities about?
<p>Annuities are financial products that guarantee the holder a fixed return so long as the holder remains alive, thereby providing insurance against lifetime uncertainty. The terms of these contracts depend on the information available to insurance firms. Unlike age and gender, information about individual survival probabilities cannot be readily ascertained. This asymmetric information causes market inefficiencies, such as adverse selection.<br><br> Groundbreaking in its scope, <i>The Economic
Who reads The Economic Theory of Annuities?
It is typically read by working professionals who need an authoritative practice reference.
Common subject areas: medicine, law, business, engineering.
- Author
- Eytan Sheshinski
- Publisher
- Princeton, N.J.: Princeton University Press
- Published
- 2008
- Language
- EN
- ISBN
- 9780691133058
- Category
- business
- Subjects
- Finance, Business, Philosophy
- Rating
- 2 / 5 (1 ratings)
- Updated
- 2026-03-13
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