A note on longevity enhancing investment

Eeckhoudt, Louis;Pestieau, Pierre
(2008) Economics Letters — Vol. 101, n° 1, p. 57-59 (2008)

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Authors
  • Eeckhoudt, LouisFUCaM
    Author
  • Pestieau, PierreUCLouvain
    Author
Abstract
We argue that risk averse individuals prefer to increase their longevity in the direction of rectangularization of the survival curve instead of an upward shift of that curve. Risk aversion is measured by the concept of fear of ruin.
Affiliations
  • Louvain School of ManagementAccounting & Finance

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Eeckhoudt, L., & Pestieau, P. (2008). A note on longevity enhancing investment. Economics Letters, 101(1), 57-59. https://doi.org/10.1016/j.econlet.2008.04.010 (Original work published 2008)