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

Author： Brown Jeffrey R.   Kling Jeffrey R.   Mullainathan Sendhil   Wrobel Marian V.  

Publisher： American Economic Association

ISSN： 0002-8282

Source： The American Economic Review, Vol.98, Iss.2, 2008-05, pp. : 304-309

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