| Article ID: | iaor20081469 |
| Country: | United States |
| Volume: | 54 |
| Issue: | 3 |
| Start Page Number: | 602 |
| End Page Number: | 604 |
| Publication Date: | May 2006 |
| Journal: | Operations Research |
| Authors: | Lariviere Martin A. |
| Keywords: | supply & supply chains |
Distributions with an increasing generalized failure rate (IGFR) have useful applications in pricing and supply chain contracting problems. We provide alternative characterizations of the IGFR property that lead to simplify verifying whether the IGFR condition holds. We also relate the limit of the generalized failure rate and the moments of a distribution.