A note on probability distributions with increasing generalized failure rates

被引:239
作者
Lariviere, MA [1 ]
机构
[1] Northwestern Univ, JL Kellogg Grad Sch Management, Evanston, IL 60208 USA
关键词
Probability distributions;
D O I
10.1287/opre.1060.0282
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Distributions with an increasing generalized failure rate (IGFR) have useful applications in pricing and supply chain contracting problems. We provide alternative characterizations of the IGFR property that lead to simplify verifying whether the IGFR condition holds. We also relate the limit of the generalized failure rate and the moments of a distribution.
引用
收藏
页码:602 / 604
页数:3
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