What matters in the annuitization decision?

Swiss Journal of Economics and Statistics

Table 2 Summary statistics

Variable	Mean	SD	Min	Max
Annuity	0.36		0	1
TRUST	3.96	1.10	1.67	7
Basic annuity literacy	2.27	0.91	0	3
Financial literacy	3.78	1.12	0	5
Loss aversion	3.54	2.71	0.5	8
Time preference	0.50	0.34	0.05	0.8
Risk aversion	0.66	0.35	0.29	1.15

This table displays the mean, standard deviation, the minimum value and the maximum value of each listed variable