Weighted fractional generalized cumulative past entropy and its properties (Q6176162)

Let \(K\) be the cumulative distribution function of a random variable \(X\) with support \((0,s)\). The authors define the weighted fractional generalized cumulative past entropy (WFGCPE) with \(\operatorname{CPE}_\gamma ^\psi (X) = \frac{1}{{\Gamma (\gamma + 1)}}\int_0^s {\psi (x)K(x){{[ - \ln K(x)]}^\gamma }dx} \), \(\gamma > 0\), derive for it some bounds and stochastic orders, show connection of the proposed measure with the left-sided Riemann-Liouville fractional integral, consider it for the proportional reversed hazard rate model and propose a nonparametric estimator based on an empirical distribution function. The empirical estimator of WFGCPE is compared with the standard deviation and Gini's mean difference for exponential distribution using stock prices in Japan (225), USA (Nashdaq), India (Nifty50), and France (Cac40) during the Russia-Ukraine war using data from ``\url{https://finance.yahoo.com/}''.