On hazard rate ordering of dependent variables. (English) Zbl 0776.62076
Summary: J. G. Shanthikumar and D. D. Yao [ibid. 23, No. 3, 642-659 (1991; Zbl 0745.62054)] introduced some new stochastic order relations to compare the components of a bivariate random vector \((X_ 1,X_ 2)\). As they point out in their paper, even if \(X_ 1\geq X_ 2\) according to their hazard rate (or likelihood ratio) ordering, the marginal distributions may not be ordered accordingly.
We introduce some new concepts where the marginal distributions preserve the corresponding stochastic orders. Also a relation between the bivariate scale model and the introduced bivariate hazard rate ordering is established.
We introduce some new concepts where the marginal distributions preserve the corresponding stochastic orders. Also a relation between the bivariate scale model and the introduced bivariate hazard rate ordering is established.
MSC:
62N05 | Reliability and life testing |
62H05 | Characterization and structure theory for multivariate probability distributions; copulas |
60E15 | Inequalities; stochastic orderings |