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Persistent link: https://www.econbiz.de/10001762502
The class of new worse/better than used in expectation on average (NWUEA/NBUEA) distributions is proposed. It is defined by the requirement that for each age t a weighted average of mean residual lives be greater/smaller than the life expectancy at birth. The weights are the shares of ages up to...
Persistent link: https://www.econbiz.de/10009749619