CORDIS Project
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This project investigates how individuals perceive stochastic mortality, which refers to the uncertainty in future mortality rates. By analyzing subjective survival probability estimates from a large dataset, the project aims to understand the impact of this uncertainty on personal financial decisions, particularly in…
Recently, the analysis of stochastic processes for mortality change have gained considerable interest in insurance and finance research.
This project aims at assessing how stochastic mortality is really perceived by individuals.
Stochastic mortality, or aggregate mortality risk, refers to the fact that future mortality rates are uncertain.
Uncertainty arises from the fact that the drivers behind changes in mortality over time, e.g. medical progress or general living and nutrition conditions, are…
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