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

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2008

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American Economic Association
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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): 304-309.

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