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A Note on Probability Distributions with Increasing Generalized Failure Rates, Operations Research
Abstract
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.
Type
Article
Author(s)
Date Published
2006
Citations
Lariviere, Martin. 2006. A Note on Probability Distributions with Increasing Generalized Failure Rates. Operations Research.(3): 602-604.
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