Intergenerational and intragenerational cooperation
Bibliographic Data
| ID | 21498933 |
|---|---|
| Authors | Joseph Heath (0000-0001-6024-4371, University of Toronto, corresponding author) |
| Year | 2025 |
| Volume | 41 |
| Issue | 1 |
| Pages | 206-211 |
| Publication date | 2025-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economics and Philosophy (JOURNAL) |
| Journal identifiers | ISSN: 0266-2671 • E-ISSN: 1474-0028 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0266267124000415 |
| OpenAlex | W4406832815 |
| Language | EN |
| References cited | 6 |
This paper is a contribution to a symposium on Michael Otsuka’s book, How to Pool Risk Across Generations . Following Otsuka, one may distinguish three distinct systems of cooperation within a standard pension arrangement: the retirement system, the longevity risk pool and the investment risk pool. It is important to observe, however, that only the retirement system constitutes a genuine system of intergenerational cooperation, the other two are essentially intragenerational, in that they pool risks among members of a cohort. Otsuka is faulted for being occasionally less than clear on these distinctions
Economics · Positive economics · Sociology · Business Strategy and Innovation · Culture, Economy, and Development Studies · Decision-Making and Behavioral Economics · Psychology
| Highly cited | No |
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