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Life-cycle modeling of bequests and their impact on annuity valuation

โœ Scribed by Alain Jousten


Book ID
114095082
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
193 KB
Volume
79
Category
Article
ISSN
0047-2727

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This study describes a cross-sectional and time series analysis of sales data over one decade in four major segments of the market for cardiovascular drugs. We estimate over 200 product life cycles (PLC) using a very flexible mathematical model to account for a variety of PLC shapes. Life cycles are