Insurance and self-protection for increased risk aversion

We re-examine the classic problem of risk aversion and self-protection in this paper. In the beginning of this paper, we conduct comparative statics of risk aversion and prevention efforts based on the mono-periodic two states model of choice under risk. We show this new condition is effective with self-insurance-cum-protection model (Lee, 1998), in which the decision maker\u27s activities to prevent the risk can sever both as self-insurance and self-protection. We suggest a new condition that increased risk aversion induces more prevention activities. This new condition requires only one assumption concerning fear of ruin coefficient, marginal effect of SICP activity on probability and marginal cost of SICP activity. By applying interval dominance order (Quah and Strulovici,2009), we find that a decision maker will exert higher level of SICP activity if he becomes more risk averse, under the condition that his hazard rate is higher than the \u27boldness\u27 coefficient (Aumann and Kurz,1977). This new condition is effective even when the optimal level for SICP activity is not interior solution. With our method, the assumption, that optimal solution is interior, is not necessary and marginal utility functions do not need to be monotonic on the interval [0, w0]. Based on this, the optimal solution can be corner solution or inflection point solution. And the DM\u27s attitude towards risk can be variable. Hence, the relation suggested by our findings is more consistent with real world situations

Animating Human Muscle Structure

Graphical simulations of human muscle motion and deformation are of great interest to medical education. In this article, the authors present a technique for simulating muscle deformations by combining physically and geometrically based computations to reduce computation cost and produce fast, accurate simulations

Deformed Two-Photon Squeezed States in Noncommutative Space

Recent studies on non-perturbation aspects of noncommutative quantum mechanics explored a new type of boson commutation relations at the deformed level, described by deformed annihilation-creation operators in noncommutative space. This correlated boson commutator correlates different degrees of freedom, and shows an essential influence on dynamics. This paper devotes to the development of formalism of deformed two-photon squeezed states in noncommutative space. General representations of deformed annihilation-creation operators and the consistency condition for the electromagnetic wave with a single mode of frequency in NC space are obtained. Two-photon squeezed states are studied. One finds that variances of the dimensionless hermitian quadratures of the annihilation operator in one degree of freedom include variances in the other degree of freedom. Such correlations show the new feature of spatial noncommutativity and allow a deeper understanding of the correlated boson commutator.Comment: 11 pages. Physics Letters B (accepted

Exploring a ΣcDˉ\Sigma_{c}\bar{D} state: with focus on Pc(4312)+P_{c}(4312)^{+}

Stimulated by the new discovery of $P_{c}(4312)^{+}$ by LHCb Collaboration, we endeavor to perform the study of $P_{c}(4312)^{+}$ as a $\Sigma_{c}\bar{D}$ state in the framework of QCD sum rules. Taking into account the results from two sum rules, a conservative mass range 4.07\sim4.97~\mbox{GeV} is presented for the $\Sigma_{c}\bar{D}$ hadronic system, which agrees with the experimental data of $P_{c}(4312)^{+}$ and could support its interpretation as a $\Sigma_{c}\bar{D}$ state.Comment: 9 pages, 6 figures. arXiv admin note: text overlap with arXiv:1801.0872