Yao, Fang - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
, they found that the shape parameter lies in the range
between 1.174 and 1.309, indicating an increasing hazard function in … process is characterized by an increasing hazard function. As shown in the
previous section, the Poisson process underlying ….2, implying
an increasing hazard function. This value is based on Varej˜ao and Portugal (2006), which
estimated the Weibull …