Estimating Function Approach to a Time-Dependent Recovery Model for Survival Rates in a Business District
AbstractBurnham and Rexstad (1993) presented a band recovery model that incorporates time-dependent recovery rates and survival rates. In this paper, an estimating function approach is proposed to derive estimators of recovery rates and survival rates. Explicit expressions are given for the derived estimators and their associated asymptotic variances. Examples, including a case for the survival of stalls in the Feng Chia University business district night market, are used to demonstrate the proposed estimating function approach.
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Bibliographic InfoArticle provided by College of Business, and College of Finance, Feng Chia University, Taichung, Taiwan in its journal International Journal of Business and Economics.
Volume (Year): 4 (2005)
Issue (Month): 3 (December)
band recovery model; survival rate; stall; business district;
Find related papers by JEL classification:
- C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
- M31 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - Marketing
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