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A Life-Cycle Model with Ambiguous Survival Beliefs 

Groneck, Max; Ludwig, Alexander; Zimper, Alexander (2015-10-02)
Based on a cognitive notion of neo-additive capacities reflecting likelihood insensitivity with respect to survival chances, we construct a Choquet Bayesian learning model over the life-cycle that generates a motivational ...
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The Impact of Biases in Survival Beliefs on Savings Behavior 

Groneck, Max; Ludwig, Alexander; Zimper, Alexander (2017-03-24)
"On average young people ""undersave"" whereas old people ""oversave"" with respect to the rational expectations model of life-cycle consumption and savings. According to numerous studies on subjective survival beliefs, ...
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SCF 

Unknown author
The Survey of Consumer Finances (SCF) is normally a triennial cross-sectional survey of U.S. families. The survey data include information on families’ balance sheets, pensions, income, and demographic characteristics. ...
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AuthorGroneck, Max (2)Ludwig, Alexander (2)Zimper, Alexander (2)Research AreaHousehold Finance (3)Macro Finance (3)... View MoreJEL ClassificationD83 (3)
D91 (3)
E21 (3)... View MoreTopicInvestor Behaviour (3)
Monetary Policy (3)
Household Finance (2)... View MoreKeyword
ambiguity (3)
choquet expected utility (3)dynamic inconsistency (3)... View MoreDate Issued2015 (1)2017 (1)Has File(s)Yes (3)
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Leibniz Gemeinschaft
About  Data Protection