Bemmaor, Albert C.; Glady, Nicolas - In: Management Science 58 (2012) 5, pp. 1012-1021
This study proposes a new customer lifetime model: the gamma/Gompertz distribution (G/G). The advantage of this model relative to the well-known Pareto distribution is twofold: (i) its probability density function can exhibit a mode at zero or an interior mode, and (ii) it can be skewed to the...