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  3. American Economic Review
  4. May 2008
  5. Why Don’t People Insure Late-Life Consumption? A Framing Explanation of the Under-Annuitization Puzzle

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Why Don’t People Insure Late-Life Consumption? A Framing Explanation of the Under-Annuitization Puzzle

  • Jeffrey R. Brown
  • Jeffrey R. Kling
  • Sendhil Mullainathan
  • Marian V. Wrobel
American Economic Review
vol. 98, no. 2, May 2008
(pp. 304–09)
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Citation

Brown, Jeffrey R., Jeffrey R. Kling, Sendhil Mullainathan, and Marian V. Wrobel. 2008. "Why Don’t People Insure Late-Life Consumption? A Framing Explanation of the Under-Annuitization Puzzle." American Economic Review, 98 (2): 304–09. DOI: 10.1257/aer.98.2.304

JEL Classification

  • D14 Personal Finance
  • D81 Criteria for Decision-Making under Risk and Uncertainty
  • G22 Insurance; Insurance Companies