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An Actuary Looks at Theories of Dynamic Actuarial Optimization (PDF)
Carol Caruthers, MSPA, EA 
May 15, 2006
9 pages. Excerpt: 'Dynamic' refers to the economic gaming, that is, the interplay between government and other regulatory action and the private sector reaction and, subsequently, vice versa.... Postretirement income provision is a factor of demographic and financial market trends, overall industry competitiveness and health (the same for individual companies with an industry), as well as the regulatory environment.
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