Physiology in Perspective: Eat, Sleep, Survive—Natural Cycle of Life

securitization of mortality risks in life annuities

insurers have in the past few decades faced longevity risks - the risk that annuitants survive more than expected - and therefore need a new approach to manage this new risk. in this dissertation we survey methods that hedge longevity risks. these methods use securitization to manage risk, so using modern financial and insurance pricing models, especially wang transform and actuarial concepts, ...

Physiology in perspective: strategies for life.

Physiology informs us of the diversity of life and the various functional strategies for sustaining health and surviving within our environment. In this context, this issue of Physiology explores remarkable physiological strategies for life. For example, in the first review in this issue, we explore echolocation, which is found in more than a quarter of all mammalian species and is used to loca...

Adult Equivalence Scales: A Life-Cycle Perspective

In any policy-orientated study of family welfare, it is inevitable that some comparison of welfare between households with different compositions will be required, and the theory of (adult) equivalence scales aims to formalise the way in which these comparisons may be made. An adult equivalence scale is defined as the proportionate increase in income per adult necessary to maintain a certain le...

Knowledge Management Life Cycle: an Individual’s Perspective

Physiology in perspective: the life we take for granted.

The simple things in life we often take for granted: that our sex matters in how we respond to our environment; that regular exercise protects us from cardiovascular disease; that we depend on the oxygen levels in the air that we breathe; and that we live in a 24-h cycle of light and dark. As physiologists, we are wonderfully curious, and our discoveries reveal the fascinating complexities that...