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    Survival Misperceptions, Time Inconsistency, and Implications for Life-cycle Saving and Welfare

    Survival Misperceptions, Time Inconsistency, and Implications for Life-cycle Saving and Welfare by Gahramanov, Emin

    Published 2013
    “…In addition, if for a given level of optimistic bias we increase early-life pessimism, this would result in slower capital accumulation, lower bequest income, and thus be detrimental to welfare. …”
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