On the right spread order of convolutions of heterogeneous exponential random variables
A sufficient condition for comparing convolutions of heterogeneous exponential random variables in terms of right spread order is established. As a consequence, it is shown that a convolution of heterogeneous independent exponential random variables is more skewed than that of homogeneous exponential random variables in the sense of NBUE order. This gives a new insight into the distribution theory of convolutions of independent random variables. A sufficient condition is also derived for comparing such convolutions in terms of Lorenz order.
Year of publication: |
2010
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Authors: | Kochar, Subhash ; Xu, Maochao |
Published in: |
Journal of Multivariate Analysis. - Elsevier, ISSN 0047-259X. - Vol. 101.2010, 1, p. 165-176
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Publisher: |
Elsevier |
Keywords: | Convolution Exponential distribution Lorenz order Majorization NBUE order Excess wealth order Skewness |
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