The logit-stable distributions and latent utility scales in categorical data applications

B.M. Brown

Statistics & Probability Letters, 2009, vol. 79, issue 20, 2182-2188

Abstract: The logit-stable distributions are distributions on the unit interval. They have unconventional shapes, are alternatives to beta distributions for random proportions, arise from an axiomatic derivation based upon latent utility scales, have closed-form probabilities, and greater tail-weight than beta distributions. Logit-stable-binomial distributions are counterparts of beta-binomials; they and logit-stable distributions have properties connected to positive stable laws. As alternatives to beta distributions, they have many potential applications in Applied Probability and related modelling.

Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0167-7152(09)00263-6
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:stapro:v:79:y:2009:i:20:p:2182-2188

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/supportfaq.cws_home/regional
https://shop.elsevie ... _01_ooc_1&version=01

Access Statistics for this article

Statistics & Probability Letters is currently edited by Somnath Datta and Hira L. Koul

More articles in Statistics & Probability Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().