Unisex Retirement Benefits and the Market for Annuity "Lemons"
研究了在团体年金市场禁止使用性别分类参数的经济效率问题，指出该禁令在效率上不可辩护，且因理性消费者行为而难以维持。
This paper examines the implications of using gender neutral group annuity mortality tables through the application of imperfect information economic models. Judged on the basis of economic efficiency, a prohibition against the use of gender as an insurance classification parameter is indefensible. Moreover, if justified on equity grounds, it is shown that the presence of a prohibition on the use of gender in the group annuity/pension market but not in the individual annuity market will ultimately be frustrated through the economic decisions of rational consumers.