Life Insurance and Life Settlement Markets with Overconfident Policyholders
收藏NBER2017-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23286
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资源简介：
We analyze how the life settlement market the secondary market for life insurance may affect consumer welfare in a dynamic equilibrium model of life insurance with one-sided commitment and overconfident policyholders. As in Daily et al. (2008) and Fang and Kung (2010), policyholders may lapse
提供机构：
美国国家经济研究局
创建时间：
2017-03-01
