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Guaranteed Returns - A Tragedy Of The Commons?
accoiding to Forster. Why? If unregu- lated, the individual incentive for gain would outweigh the collective ... have merely trans- ferred the market risk from individual _ buyers to themselves, thereby setting up ...- Authors: Donald R Sondergeld
- Date: Jul 1988
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: The Actuary Magazine
- Topics: Annuities>Investment strategy - Annuities; Annuities>Policyholder behavior - Annuities; Annuities>Pricing - Annuities; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Universal life; Life Insurance>Investment strategy - Life Insurance; Public Policy