Stochastic comparisons for time transformed exponential models
AbstractDifferent sufficient conditions for stochastic comparisons between random vectors have been described in the literature. In particular, conditions for the comparison of random vectors having the same copula, i.e., the same dependence structure, may be found in Müller and Scarsini (2001). Here we provide conditions for the comparison, in the usual stochastic order sense and in other weaker stochastic orders, of two time transformed exponential bivariate lifetimes having different copulas. Some examples of applications are provided too.
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Bibliographic InfoArticle provided by Elsevier in its journal Insurance: Mathematics and Economics.
Volume (Year): 46 (2010)
Issue (Month): 2 (April)
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Web page: http://www.elsevier.com/locate/inca/505554
Multivariate stochastic orders Positive dependence orders Bivariate lifetimes Survival copulas Archimedean copulas TTE models;
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