The shape of the hazard rate for finite continuous-time birth-death processes

We consider the suggestion that the shape of a hazard rate can be predicted from the quasi-stationary distribution of the process, demonstrate that this hypothesis requires specific conditions, and both eliminate and suggest methods by means of which these predictions might be made.

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Year of publication:	2011
Authors:	Crossman, Richard J. ; Coolen-Schrijner, Pauline ; Coolen, Frank P.A.
Published in:	Statistics & Probability Letters. - Elsevier, ISSN 0167-7152. - Vol. 81.2011, 2, p. 181-187
Publisher:	Elsevier
Keywords:	Birth-death process Hazard rate Quasi-stationary distribution

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

Persistent link: https://ebvufind01.dmz1.zbw.eu/10008868868