Who Chooses Annuities? An Experimental Investigation of the Role of Gender, Framing, and Defaults

By Julie R. Agnew, Lisa R. Anderson, Jeffrey R. Gerlach, Lisa R. Szykman. 2008

288 citations recorded by the source corpus.

Subfields: Accounting, Demography, General Health Professions

View Paper: https://www.semanticscholar.org/paper/cff6ca0bddaee50daa4c8b5017c7555b9da9255c

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Demography

In General Health Professions

Citations in the corpus

How Financially Literate Are Women? An Overview and New Insights (2017, background): “Gender differences also appear in surveys that cover not only different measures of financial literacy but also specific subgroups of the population (e.g., Mandell (2004), and Agnew et al. (2008)).”
A Reconsideration of Gender Differences in Risk Attitudes (2016, unknown): “The three papers finding a significant gender difference are Agnew et al. (2008) using an unmodified low stake HL task, Dave et al. (2010), using the 20X high stake HL treatment, and Brañas-Garza and Rustichini (2011), implementing a non-incentivized version with 9 choices. The two contributions rep”
Risk Preferences Around the World (2015, result): “Table 3 shows a significant and robust gender effect: female subjects tend to be more risk averse in gains, which supports most previous studies (Agnew et al. 2008, Borghans et al. 2009, Byrnes et al. 1999, Croson and Gneezy 2009, Dohmen et al. 2011, Hartog et al. 2002, Schubert et al. 1999, von Gau”
What Determines Annuity Demand at Retirement? (2012, unknown): “40 Brown (2007, 2008) and Agnew et al. (2008). Giuseppe Cappelletti et al.”
Handbook of Consumer Finance Research (2008, background): “When presented with such negative framing of the annuity option, women respond by opting for the investment option (Agnew et al., 2008 ).”
Bringing cost transparency to the life annuity market (2014, background): “It may be a more attractive framing of the financial benefits to be gained from pooling mortality risk than the natural consumption frame of the life annuity (Agnew et al. 2008 and Brown et al. 2008).”
The Effects of Perceived and Actual Financial Literacy on Financial Behaviors (2016, unknown): “A related study, however, found that financial literacy affected the annuity decision (Agnew et al. 2008).”
Are risk preferences stable? Comparing an experimental measure with a validated survey-based measure (2008, methodology): “For example, Agnew et al. (2008) found that females were significantly more likely to choose a safe financial asset (an annuity) than a more risky (marketbased) asset, even after controlling for the level of risk aversion using a lottery choice experiment.”
Gender Differences in Risk Aversion and Ambiguity Aversion (2009, background): “2002; Agnew et al. 2008). With respect to ambiguity aversion, Schubert et al. (1999) find that women are more ambiguity averse than men in an investment context but not in an insurance context.(1) Powell and Ansic (1997) report that women are more risk averse and ambiguity averse. Dohmen et al. (200”