Abstract In this paper a new probability density function with bounded domain is presented. This distribution arises from the Marshall–Olkin extended exponential distribution proposed by Marshall and Olkin (1997). It depends on two parameters and can be considered as an alternative to the...

Abstract In the area of stress-strength models, there has been a large amount of work regarding the estimation of the reliability {R=\Pr(XY)} . The algebraic form for {R=\Pr(XY)} has been worked out for the vast majority of the well-known distributions when X and Y are independent random...

Abstract We introduce a new family of univariate continuous distributions called the Marshall–Olkin transmuted-G family which extends the transmuted-G family pioneered by Shaw and Buckley (2007). Special models for the new family are provided. Some of its mathematical properties including...

In his 1984 paper in Management Science, McEntire conjectured that all concave utility functions satisfy his independence-from-irrelevant-assets (IIA) property. This paper shows that this conjecture is false. The paper provides several families of utility functions, all of whose members violate...