Article ID: | iaor1998913 |
Country: | United Kingdom |
Volume: | 34 |
Issue: | 2 |
Start Page Number: | 404 |
End Page Number: | 419 |
Publication Date: | Jun 1997 |
Journal: | Journal of Applied Probability |
Authors: | Shaked Moshe, Wong Tityik |
The purpose of this paper is to study two notions of stochastic comparisons of non-negative random variables via ratios that are determined by their Laplace transforms. Some interpretations of the new orders are given, and various properties of them are derived. The relationships to other stochastic orders are also studied. Finally, some applications in reliability theory are described.