2012 - AP - Prospect Theory Life Insurance and Annuities, by Daniel Gottlieb - 54p
2014 - SOA - Modeling of Policyholder Behavior for Life Insurance and Annuity Products: A Survey and Literature Review, Society of Actuaries --- [BonkNote] --- 92p
Description: This report is a summary based on current actuarial practices around the development and use of policyholder behavior assumptions including the use of dynamic modeling approaches. The research team surveyed and evaluated current practices in the industry; and highlighted current thinking on modeling human behaviors outside the life insurance industry. This project was sponsored by the SOA’s Financial Reporting Section and the Committee on Life Insurance Research.
2014 - LR - Behavioral Economics and Insurance Law: The Importance of Equilibrium Analysis, by Tom Baker and Peter Siegelman - 28p
2023 02 - SOA - Behavioral Economics and the Longevity Problem, Risk Management, By Craig W. Reynolds - [link]