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The Real Option to Delay Annuitization: It's Not Now-or-Never
16 references·2 citing·37 second hop
The Real Option to Delay Annuitization: It's Not Now-or-Never (2001)The Real Option to Delay Annuitization: I…New Evidence on the Money's Worth of Individual Annuities (1999)New Evidence on the Money's W…Methods of Mathematical Finance (1998)Methods of Mathematical Finan…Arbitrage Theory in Continuous Time (1998)Arbitrage Theory in Continuou…Premium Calculation by Transforming the Layer Premium Density (1996)Premium Calculation by Transf…Pensions, the Option Value of Work, and Retirement (1990)Pensions, the Option Value of…Optimal replication of contingent claims under transaction costs (1989)Optimal replication of contin…Mortality Risk and Bequests (1989)Mortality Risk and BequestsLife Cycle, Individual Thrift, and the Wealth of Nations (1986)Life Cycle, Individual Thrift…The Role of Intergenerational Transfers in Aggregate Capital Accumulation (1981)The Role of Intergenerational…The Family as an Incomplete Annuities Market (1981)The Family as an Incomplete A…Controlled Diffusion Processes (1980)Controlled Diffusion ProcessesThe Family as an Incomplete Annuities Market (1979)The Family as an Incomplete A…THE DEMAND FOR RISKY ASSETS (1977)THE DEMAND FOR RISKY ASSETSThe Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Optimum consumption and portfolio rules in a continuous-time model (1971)Optimum consumption and portf…Uncertain Lifetime, Life Insurance, and the Theory of the Consumer (1965)Uncertain Lifetime, Life Insu…Optimal consumption and allocation in variable annuities with Guaranteed Minimum Death Benefits (2012)Optimal consumption and alloc…Rare events and annuity market participation (2007)Rare events and annuity marke…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Theory of the Term Structure of Interest Rates (1985)On modelling and pricing weather derivatives (2002)A numerical scheme for BSDEs (2004)Pricing in Electricity Markets: A Mean Reverting Jump Diffusion Model with Seasonality (2005)Criteria for Choice Among Risky Ventures (1959)An Intertemporal Capital Asset Pricing Model (1973)The Rationale of the Mean-Standard Deviation Analysis, Skewness Preference, and the Demand for Money (1989)Why do people pay taxes? (1992)Economic foundations of cost-effectiveness analysis (1997)Inequality, Social Insurance, and Redistribution (2001)Lifetime Portfolio Selection By Dynamic Stochastic Programming (1969)Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case (1969)LIFETIME PORTFOLIO SELECTION BY DYNAMIC STOCHASTIC PROGRAMMING (1975)An equilibrium characterization of the term structure (1977)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)Anticipation and the Valuation of Delayed Consumption (1987)Understanding Consumption (1992)FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: ASSESSING THE EVIDENCE* (1997)Stochastic Differential Utility (1992)Martingale Methods in Financial Modelling (1997)Precautionary Saving and Social Insurance (1995)Entrepreneurship, Frictions, and Wealth (2006)Monetary Policy According to HANK (2018)The Ricardian Approach to Budget Deficits (1989)The analysis of household surveys (1997)Wealth Inequality and Intergenerational Links (2004)Value-at-Risk-Based Risk Management: Optimal Policies and Asset Prices (2001)A Jump-Diffusion Model for Option Pricing (2002)Econometric Analysis of Realized Covariation: High Frequency Based Covariance, Regression, and Correlation in Financial Economics (2004)Adverse Selection in Insurance Markets: Policyholder Evidence from the U.K. Annuity Market (2004)Annuities and Individual Welfare (2005)Pay Me Later: Inside Debt and Its Role in Managerial Compensation (2007)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1965Uncertain Lifetime, Life Insurance, and the Theory of the Consumer3,204 cited
  • 1998Methods of Mathematical Finance1,939 cited
  • 1980Controlled Diffusion Processes1,311 cited
  • 1986Life Cycle, Individual Thrift, and the Wealth of Nations1,274 cited
  • 1998Arbitrage Theory in Continuous Time1,267 cited
  • 1977THE DEMAND FOR RISKY ASSETS1,052 cited
  • 1981The Role of Intergenerational Transfers in Aggregate Capital Accumulation812 cited
  • 1999New Evidence on the Money's Worth of Individual Annuities795 cited
  • 1996Premium Calculation by Transforming the Layer Premium Density696 cited
  • 1989Mortality Risk and Bequests685 cited
  • 1981The Family as an Incomplete Annuities Market640 cited
  • 1989Optimal replication of contingent claims under transaction costs605 cited
  • 1990Pensions, the Option Value of Work, and Retirement594 cited
  • 1979The Family as an Incomplete Annuities Market

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552 cited

Cited by

  • 2012Optimal consumption and allocation in variable annuities with Guaranteed Minimum Death Benefits33 cited
  • 2007Rare events and annuity market participation23 cited