22,220 research outputs found
On -quasinormal subgroups of finite groups
Let be a finite group and some
partition of the set of all primes , that is, , where and for all . We say that is -primary
if is a -group for some . A subgroup of is said to
be: -subnormal in if there is a subgroup chain such that either
or is -primary for all ,
modular in if the following conditions hold: (i) for all such that , and (ii) for
all such that . In this paper, a subgroup of
is called -quasinormal in if is modular and
-subnormal in . We study -quasinormal subgroups of . In
particular, we prove that if a subgroup of is -quasinormal in
, then for every chief factor of between and the
semidirect product is -primary.Comment: 9 page
Hidden regret in insurance markets: adverse and advantageous selection
We examine insurance markets with two types of customers: those who regret suboptimal decisions and those who don.t. In this setting, we characterize the equilibria under hidden information about the type of customers and hidden action. We show that both pooling and separating equilibria can exist. Furthermore, there exist separating equilibria that predict a positive correlation between the amount of insurance coverage and risk type, as in the standard economic models of adverse selection, but there also exist separating equilibria that predict a negative correlation between the amount of insurance coverage and risk type, i.e. advantageous selection. Since optimal choice of regretful customers depends on foregone alternatives, any equilibrium includes a contract which is o¤ered but not purchased
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