The Laplace order and ordering of residual lives

Félix Belzunce, Eva Ortega and José M. Ruiz

Statistics & Probability Letters, 1999, vol. 42, issue 2, 145-156

Abstract: The purpose of this paper is to study new notions of stochastic comparisons and aging classes based on the Laplace transform order of residual lives. We give relationships to other stochastic orders and aging classes given previously. Finally we study some applications to shock models.

Keywords: Stochastic order Increasing convex order Hazard rate order Mean residual life order Laplace transform order Laplace transform order of residual lives DMRL [IMRL] NBUE [NWUE] HNBUE [HNWUE] L[L]; DRLLt [IRLLt] NBULt [NWULt] EBULt [EWULt] aging notions Shock models (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (8)

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