A continuous multivariate exponential distribution that is multivariate phase type

A reliability model for a bivariate exponential distribution is extended to the multivariate case. The multivariate exponential distribution is then shown to be of multivariate phase type (MPH), and its MPH representation is derived.

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Year of publication:	1989
Authors:	O'Cinneide, Colm A. ; Raftery, Adrian E.
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 7.1989, 4, p. 323-325
Publisher:	Elsevier
Keywords:	Markov chains multivariate phase type distribution multivariate exponential distribution phase type distribution reliability shock models

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005254460