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Predictably irrational : applying behavioral economics to actuarial science

Recurso electrónico / Electronic resource
Section: Articles
Title: Predictably irrational : applying behavioral economics to actuarial science / Randall StevensonAuthor: Stevenson, Randall
Notes: Resumen: At some time in every actuary's career, one will observe human behavior that from an actuarial or economic perspective defies the theory that people will behave to promote their self-interest. How often have we observed people sell their benefit entitlements for substantially less than the economic value of what they would otherwise receive?Related records: En: Contingencies : American Academy of Actuaries. - Washington : American Academy of Actuaries, 2019-2024. - 01/01/2020 January-February 2020 , p. 14-19Materia / lugar / evento: Análisis actuarial Predicciones estadísticas Comportamiento financiero Perspectivas económicas Other categories: 6
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